The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-12-05
ALLOTMENT SYSTEM
APPROVED BY ONEAL
IN ANNUAL MESSAGE
Farm Federation President Or
timistic Over President
Elects Attitude

Chicago, Dec. 5.-(PePresident Ed
ward A. ONeal of the American farm
bureau federation Monday approved
the principle of the domestic allot-
nent plan for farm relief.
AS part OF legislative program ad-
vocated at the farm bureaus 18th an
nual convention, O'Neal said the agri-
cultural marketing act must be
amended to provide for the disposal
of that part of our staple commodi-
ties required for domestic consump-
ton at price which will reflect back
to the farmer the benefit of the pro-
tective tariff"
Speaking at the time of the open
ing of the short session of congress,
O'Neal said:
THE brightest spot in the present
picture is the fact that the PRESIDENT
elect of the United States has pledged
that agricultural relief will be given
immediate attention by his admins
tration."
The farm bureau head stood firm in
his belief in the equalization fee plan
for farm relief.
He declared the organization to be
'open-minded, willing to support any
plan which was economically sound"
and designed to raise prices by con-
trolling SURPRISES. He approved the
general theory Of the domestic al
lotment, although it was not MENTION
ed specifically by name.
Would Control Production
AS essential parts of the plan,
O'Neal advocated annual estimates of
the percentages of the staple crops
needed for domestic consumption,
control of production by alloting to
each state the amount of commodities
which will be permitted under the
plan and levying of an excise tax of
not less than the amount Of the tariff.
The government would levy the ex-
else tax, he said, when the commodi-
ties are processed by millers or SINH
lar agencies. Under the plan, this tax
money would go back to farmers oper-
ating under the specific allotments of
permitted production.
O'Neal said the farm bureau has
been working with leaders of other
farm organizations and the major
cooperative associations lin formulate
ing program which We are confident
will enjoy the united support of all
farm groups"
His other proposals included:
Reconciliation of silver and reduc-
ton from 1922 to 16 grains the weight
Of gold behind the dollar.
Reorganization Of the department Of
agriculture and coordination of all
agencies sering the farmer.
Higher tariffs on oils, fats, jute
and other commodities from abroad
which can be substituted for home
grown products"
Readjustment to bring about ''true
e>><llty between industrial and agri-
cultural tariffs
independence for the Philippines.
Backs Refinancing Plan
Refinancing of mortgages by "a
federal land mortgage corporation
with debenturable assets extending to
q possible five billions of dollars"
Retirement of marginal farm lands,
possibly financed by billion-dollar
federal fund.
Consistent reduction of public ex-
penditures and equal distribution of
taxation.
Opposition to war debt cancella-
ton unless trade agreements can be
obtained to give foreign markets for
American farm produce.
Amendment of the agricultural
marketing act to make 1t fully effec-
tive in promoting farm cooperatives.
Control of speculation in basic farm
crops.
Regulation of public service corpor-
atoms.
Reorganization and coordination of
farm credit agencies.