Evening star., 1932-09-14
ROOSEVELT OFFERS
FARM RELIEF PLAN
Outlines Six-Point Program
10 Benefit Agriculture
of Nation.
Continued From First Page.)

should, moreover, be constituted so that
it can be withdrawn whenever the
emergency has passed and normal for
e1gn markets have been re-eStabllshed.
"Sixth-The plan must be, insofar as
possible, voluntary. I like the idea
that the plan should not be put into
operation unless it has the support Of
o reasonable proportion of the producers
of the exportable commodity to which it
is to apply. 1t must be so organized
that the benefits will go to the man
who participates.
agriculture, Roosevelt suggested a reor-
ganization of the Department of Agri-
culture. q planned use OF the land"
and national leadership in the reduc-
ton and more equitable distribution Of
taxes"
The Democratic standard bearer said: q:
"The present administration and the
two previous administrations, in all of
which the President was an important
member, failed utterly 10 understand
the farm problem as national whole,
or to plan for its relief"
Destroyed Foreign Markets.
He added: They destroyed the foreign
markets for our exportable farm sur
plus, beginning with the Fordney-Mc-
Cumber tariff, and ending with the
Grundy tariff, thus violating the sim
plest principles of international trade
and forcing the inevitable retaliation of
foreign countries
Roosevelt declared: In 1929 in his
acceptance speech, Mr. Hoover said
An adequate tariff is the foundation
fNf fa roll inf HIn ND hi tpy-S
insisted in 1923 that we were importing
$3,300,000,000 of farm products and that
an adequate tariff laid on these would
be sufficient for the relief of agricul-
ture. 1t was a ghastly fraud. The
truth was that our farmers do not pro-
duce the items proposed to be protected
by tarif-they consume them. The
remedy was not to raise his selling
price, but to raise his cost of living"
Calling attention to the Farm Board
and its stabilization operations, MI
Roosevelt said Farm Board speculative
operations must and shall come to an
end" He added ''tlS effort resulted in
squandering hundreds of millions OF the
taxpayers money"
When the futility of maintaining
prices of wheat and cotton through So
called stabilization," he continued, be
came apparent, the Presidents Farm
Board, of which his Secretary of Agri-
culture (Mr. HYDE was a member, in
vented the cruel joke of advising farm
ers to allow 20 per cent of their wheat
lands to lie idle, to plow up every third
row of cotton and to shoot every tenth
dairy COW.
Now. after the harm has been done,
the Presidents acceptance speech OF
1892 fully recognizes the futility OF the
stabil zation experiment and merely
apologies for the results"
One-third Not Needed.
OF the present Republican leader
ship" Mr.. Roosevelt said, the farmers
could expect more Republican tariffs;
implacable opposition to any plan to
ra.se the price of farm products;
program of starving out third of the
present production"
"a pleasant prospect, this" he con-
tinued. Reduced to lowest terms, the
present administration asks farmers to
put their interests into the hands OF
their bitterest opponents-men who Will
go to any and all lengths to safeguard
ard strengthen protected few, but who
will coldly say to American farmers:
OIS-llllIu VI yOu d1C IlOI 1ACSASN'
Run a race with bankruptcy to see
which will survive 1t is no new theory
of government. 1t has been reaction
ary policy since time immemorial. Help
the few; perhaps those few will be kind
enough to help the many
This is unsound; it is unfair; 1t Is
unjust. Without tariff readjustment
the Presidents program is hopeless;
without active assistance the Grumpy
schedules can break the farmer long
before the farmer can find market
for his goods. 1t suggests that II IN
dustry revives, the farmer will be taken
care of; though you all know that the
boom of 1929 brought nothing but lower
prices and more debts to the farm"
Mr. Roosevelt asserted There Is the
necessity for retinancng OF iarm
mortgages in order to relieve the bur-
den of excessive interest charges and
the grim threat of foreclosures"
Preference to Owners.
Continuing. he said: II am pre-
pared to insist that Federal credit be
extended to banks, insurance or loan
companies" or others which hold
farm mortgages among their assets
but that these credits must be mace
on the condition that every reasonable
assistance be given to the mortgagors
where the loans are sound, with the
purpose of preventing foreclosure.
These conditions must be enforced.
Lower interest rates and an extension
of principal payments will save thou
sands of farms to their owners. And
hand in hand with this we must adopt
the definite policy of giving those who
have lost title to their farms. now held
bv institutions seeking credit from
governmental agencies, the preteren-
Hal opportunity of getting their prop
erty back. All. a,.,,r
itv0the difference between the prices
of the things the farmer sells and the
things he buys" the nominee asserted,
ais bv restoring international trade
through tariff readjustments. Tne
democratic tariff policy consists In
large measure of negotiating agree
ments with individual countries, per-
mitting them to sell goods 10 US, IN
return for which they will let us sen
to them goods and crops which we
produce. s,,,,,.d IN
49, last few years, Mr.. Roosevelt said:
"There is no reason to despair merely
...cause defects have been found IN all
~ehese plans. or because some OF them
Rave been discarded by responsible lead
ers in favor of new plans. 1t will be my
purpose to compose the conflicting ele-
ments of these various plans; to co-or-
dinate efforts to the end that agreement
NAV be reached upon the details OF a
distinct policy, aimed at producing the
result to which all these efforts ano
plans are directed-the restoratlon Ul
agriculture to economic equality with
other industries"
Cites His Record.
Declaring IT have lived on a farm IN
New York for SO years, and have run
a farm in Georgia for eight years., MI;
Roosevelt pointed to his agricultural
policies as Governor of New YORK 1or
the past four years.
Accomplishments Of benefit to agrl-
cultural communities he listed as:
Existing tax obligations OF local COM
n tho nytpnt 0f SZ4..