The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1931-01-27

Teen Dillon dollars at less IMAM Two
per cent interest, we feel that this
bill asks nothing but simply justice
and a square deal for agriculture"
Text Of Resolution
The resolution reads:
BE it resolved by the senate of the
State of North Dakota, the house of
representatives %concurring; that
Whereas, during the World war
and at the time that the price fixing
act of congress became effective and
was put in operation No. l northern
wheat was selling as high as $3.49
per buShel at Minneapolis, and other
agricultural products were selling &C
C0rdingly: and
Whereas, the minimum price of
$2.l7 per bushel for No. l northern
wheat at Minneapolis fixed by con
gress, was in fact'made the maximum
price; and
Whereas, during this time No. !
northern wheat was selling at an
average price of SAL per bushel to
the allied governments; and
Whereas, during the war the price
on all other commodities used by the
farmer in connection with agricul-
>ture, together with freight and trans
portatiop rates, were increased by
leaps and bounds, and these prices
were for a long time, and many of
them still are maintained on such
commodities and especially is 1t true
Of freight and transportation rates;
and
Debts Went Skyward
Whereas, a large part of the agri-
cultural indebtedness was created
during the time that the price Of
agricultural products was consider
ably higher than at present, and then
during The period Of initiation Of our
currency: and
Whereas. the farmer, during the
perio6p.l o%deflation, was made the
shock.n4 orber, so that now it takes
appro<ltl tely $3.50 bushels Of wheat
to pa. III indebtedness that could
have LA paid with 1000 bushels
prior time price fixing and the de-
.a1a6Astrsr Periods; and
''Where:t, as a result of these con-
is given, thousands and hundreds of
thousandT of once prosperous farm
crs in thiJ state and nation have lost
their hor7es and their all by mort
gage foreclosures; and
"Wherd.s, the prices of agricul-
tural pr4ducts during the present
years have in fact been below the cost
Of production: and
Whereas. there Is no adequate way
of refinancing existing agricultural
indebtedness and the farmers are at
the mercy of their mortgages and
creditors throughout this state and
nation; and
Whereas, unless immediate relief
lis given thousands and hundreds of
thousands of additional farmers will
Elose their farms and their homes and
millions will be forced into our
|cities and villages. and the army of
unemployed will necessarily increase
TO alarming proportions:
Seek Liquidation Means
Nov therefore. the legislative as
sembly of the state of North Dakota
respectfully petitions the congress of
the United States of America to pass
senate bill 5l09 known as the farm
ers' farm relief bill in order that the
agricultural indebtedness of this
state and nation may be speedily
.1iUlidated and refinanced and agri-
i ! Dlure saved from utter ruin and de-
.. Proppn.
u. Japan farmers ask for no charity
meastlnply ask that American agri-
.. Small be placed on a basis of equal
q. old Dh other industries. They ask
's' Ar: ele federal reserve system be
y. Fsmaio function for them, as it is
e. W%eepJning for other industries. Since
!, tabiesieral Reserve bank is now loan
&. SSnne 1eral reserve notes to New
4. MakeearkS at 2 per cent interest
:. Gomehce government refinanced
Il. Rnhhs eign nations to the exteIt of
:. 100 50 billion dollars at less than
+. Estsr y cont interest-we feel that
enrrens asks nothing but simply JUS
9. Light I q square deal for agriculture.
2. ReyelAtion we have protected indus
Tiles Ivy tariff laws for generations.
and we feel that the farmer is now
entitled to first consideration at the
hands Of congress.
To Send Out Copies
BE it further resolved, that suffi-
Gent copies Of this resolution be
printed and the secretary Of state re-
quested to mail q copy to the presi-
dent of the United States and the
president of the senate Of the United
States, with the request that the
resolution be read from the desk, and
q copy to the speaker of the house
Of representatives of the United
States with the request that the
resolution be read from the desk:
and a copy to the governor Of all of
the states in this union, and a copy
to the president of the senate Of all
OF the states in the union, with the
request that it be read from the desk,
also q copy to be mailed to the speak
er Of the house Of representatives Of
all the states in this union, with the
request that it be read from the
desk"
WON'T FIGHT FEMINISM
&mbridge. Mass. Jan. 27.-R-
sum OF 5000 cannot tempt