The midland journal. (Rising Sun, Md.) 1885-1947, 1930-11-28

its sixty-fourth annual convention in
Rochester, N. Y. To this end six sug-
gestions were put forward by National
Master Louis ]. Taber, these being:
1. Sterilization Of values.
2. A higher price level for farm
commodities.
8. More justly distributed system Of
taxation.
4. Extension of the federal farm
loan system.
5. REIMBURSEMENT Of the nations
freight rate structure.
6. Restriction of immigration and
conservation Of natural resources.
Criticizing the speculation in grain
on the Chicago Board Of Trade, Mr..
Taber said:
las long as this present system re-
mains with its violent price manipula-
lions it is obvious that there must
be method Of protection by hedging
for the safeguarding of the buyer and
professor, but when hedging and short
selling take the form of speculation
and gambling in the necessities of life,
the public is injured.
Unfortunately for the American
farmer. our present marketing struc-
ture operates with no concern as to
the price he receives. 1t Is sad
commentary on our present boasted
wheat marketing program. that during
the recent period of agriculture's
greatest depression, and the grain
growers consequent distress, the Chi
cago Board of Trade erected $12,-
100000 building, while the producer
suffers near humiliation"
CEVEN national leaders of the DEM
~ ocratic party offered to cooperate
with President Hoover and his adj
ministration in non-partisan efforts to
stabilize business, promote business
and otherwise improve the national
welfare through legislation; and they
gave assurance that the Democrats.
victorious in the recent election, would
not attempt for the present to change
the tariff act passed last June.
On behalf of the administration and
the Republicans in congress, Senator
James e. Watson Of Indiana, majority
leader in the senate, accepted and well
coined the aid offered by the Demo-
Gratis, saying the country is faced with
situation where the only patriotic
solution lies in cooperative action.
1t was learned at the White House
that President Hoover will present to
congress in December large unem-
ployment program which will include
authorizations for new building prof.
ects that may exceed $100,O00.000. He
already had announced the admins
tration would ask an emergency ap-
preparation, which may reach $780,
100000, to finance an expansion of the
governments public works constrHc-
ton program for the relief Of unem-
ployment. Removal of time limitations
on projects now authorized will be
asked, as will new legislation to re-
move limitations on certain industries
that are handicapped in their desires
to expand construction efforts.
That promise Of cooperation made
by the seven Democratic leaders was
not well taken by Senator Carter Glass
of Virginia, himself one Of the most
prominent Democrats, in so far as it
affected the tariff. He asserted that
mo group Of Democrats, however dis
tinguished or discerning, should feel
obliged to pledge their party asso-
ciates in congress not severely to dis
turb the most infamous tariff act ever
enacted by legislative body, lest the
doing of this might upset the ac-
quisitive activities Of those who are
thus licensed to prey upon the Ameri-
can consumers"
TNDIA'S future status within the
British empire is to be worked out,
if possible, at the long awaited "round
table conference" which opened in
London. King George himself started
the proceedings with speech express
ing his earnest desire that the prob
lem be settled in the best interests of
all his subjects, and Prime Minister
Macdonald was then made chairman.
Seated around a great oval table
were eighty-six persons including the
princes of India, representatives of
all classes and communities of British
Indians and of the kingdom of Great
Britain, and among them were two
women delegates, the Begun Shah
Nawaz and Mrs. Subbarayan. But there
was no representative of the powerful
Nationalist Congress party which Is
headed by Mahatma Gandhi, for 1t had
boycotted the conference. The many
millions Of Nationalist demand COM
plete independence for India, while the