The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1931-02-07
new FARM STORAGE
LAW IS EXPLAINED
Farmers Union Claims Proposed
Legislation Will Solve
Present Difficulty

The Farmers Union is sponsoring
a new Farm Storage program which
has been introduced in House Bill
166.
Union officials claim this new act
will bring farm storage to the door
of the farmer without expense. Spe-
clal-bin farm storage warehouse
tickets may be issued, under the new
law, by managers Of established ele-
vators throughout the state. thus
eliminating inspection fees Of u cent
4 bushel and expensive bonds here
tofore required from the farmer.
Union officials also claim that this
new measure is the only one through
which federal funds al be advanced
upon farm stored grain during the
coming year.
The new law is the result of exper-
ierlce gained in hundreds of farm
storage loans made by the Farmers
Union on the 1929 and 1880 grain
crops.
The law is also designed to furnish
the additional storage space required
as a result of the program of the
Union to make the sale of stored
grain a felony. This additional mea-
Ire is far reaching in its effect and
is now pending before the legislature
under house bill 1863.
Both measures are said to have
been presented to the Federal Farm
Board, and to the Farmers National
Grain Corporation, meeting with the
complete approval Of both organiza-
tons as the basis for the program to
be undertaken by the Farm Board
through regional cooperatives in the
Northwest.
lndentical measures also are being
presented by the Union to the legis-
!atures Of the states of Minnesota,
Montana and South Dakota. with
prospects of passage in each state.
Thus a uniform basis of orderly CO.
operative marketing may extend
throughout the entire spring wheat
area, which Union officials claim will
result in bringing to the farmer his
cost OF production. plus a reasonable
profit.
The entire program, particularly the
making Of the sale Of stored grain a
felony, has been studied for several
months by a special committee Of
competent grain men and economists
under the direction of M. w. Thatch-
er, general manager of the Farmers
Union Terminal association. Mr..
Thatcher will reveal findings of the
committee, together with the far
reaching effect Of the entire pro-
gram, both as to farmer and banker
and businessman. in a special radio
broadcast over KFYR from 8 to $50
p. m., Monday.
It is promised that Mr.. Thatcher's
speech will expose the devious ways
in which the present system Of
handling grain in the Northwest Is
the basic cause of the present Inn
poverished condition Of farmer and
businessman alike, and it is further
promised that he will lay at the door
OF the present legislature the problem
Of correcting these conditions by
adoption Of House Bills 166 and 1863.
Thatcher Is reported to have laid
before the Federal Farm Board def
mite proof that for years the farmers
has been paying storage charges up
on wheat that has actually been sold
and removed both from local and
terminal storage. He is also reported
to have exposed a system whereby
two loans have been made upon the
same grain. for the purpose Of financ-
ing grain commission houses at the
expense Of the farmer.
These charges have been the sub
ject OF the study Of the special COM
mittee under his direction, and the
pending legislation Is claimed to be
complete corrective measure.