The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-11-16
SIMPSON SAYSLOW
FARM PRICES HAVE
CAUSED FAILURES
Tells Farmers Union il Must Ac-
cept Challenge Made BY
Roosevelt

Omaha Neb., Nov. 16.--(P)-Del-
egat IS attending the annual conven-
ton of the National Farmers Union
Tuesday were told by John A. Simp-
son. of Oklahoma City, national pres
ident, the price of farm products els
the cause of every business failure.
including the closing of thousands of
banks"
He expressed belief "the rising sun
OF new day is here for agricul-
ture and that Democratic
led congress soon will enact legisla-
ton designed to aid the farmer.
Reconciliation of silver, govern
ment refinancing of respons b e
farmers, federal regulation of crop
marketing and permanent discarding
Of the manufacturers general sales
tax plan were proposed by the Okla
homan in his farm relief program.
The farmers of this nation won a
wonderful victory in the recent cleo
tion," Simpson said. The platform
Of the successful party pledges to see
that farmers are reilnanced at low
er rates of interest and long pay
ments on the principal 1t pledges
to do everything possible under the
constitution to see that farmers get
cost of production.
Must Accept Challenge
THE president ELECT has stated he
stands squarely on these two planks
OF his partys platform. He has also
asked us to keep our representatives
IN Washington and help him to keep
tho 81
Franklin D. Roosevelt's challenge to
us. Shall we accept it or shall we
refuse to heed his challenge and let
the wolves overpower him and de-
stroy him?"
Simpson stated that the Farmers
Union was instrumental in blocking
passage of a sales tax bill in the last
session Of congress through organiza-
ton, "of a revolution in the house"
against it. He added that our sue
cess in the battle on taxation saves
every farm family in this nation S25
a year."
He warned "the big fellows" will be
present at the next session to raise
further revenues by taxing the COM
mon people. eve will need to be ON
the job he cautioned.
Asserting that the government has
loaned millions of dollars to big
steamship companies at low interest,
simpson said, "the small home -own-
Ing farmer is of as much Importance
to the life Of this nation as any
steamship company that ever existed
or as any European nation. If the
government can afford to loan to
steamship companies at less than
one per cent interest, can afford to
cancel the principal debt and make
low rates Of interest to European
countries on what they owe us it can
afford to refinance farmers at one
and one-half per cent interest and
we pay the principal
Derides Gold System
Simpson described the gold STAN
oafd as the best scheme of money
system for handful of bankers to
control the prosperity and happiness
noc only of this nation but of the
world
We maintain that for this nation
TO remonitize silver would divest
these international bankers of the
powers they now possess to destroy
agriculture and industry" he added.
Congress should restore to itself the
power given it under the constitu-
ton to issue and regulate the value
of money"
Pleading for an application of the
interstate commerce law to farm
marketing. Simpson said, I'VE do not
want the government to regulate the
marketing of our exportable surplus
but we do ask that it regulate the
value Of money"
Pleading for an application of the
interstate commerce law to farm
marketing, Simpson said. we do not
want the government to regulate the
marketing Of our eXportable surplus
but we do ask that it regulate the
marketing of that portion of our
crop consumed in this country,