The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1933-06-01

a condition where the farmer gets
a larger percentage Of the consum-
er's dollar, and through them con-
troll is granted the president to
bring farm commodity prices up
to the level of the things the farm
er has to buy. The president has
the power to enforce trade agree
ments by a tax on professors.
Imitation is another weapon hand
ed the president to fight the de-
preston, Mr.. Winder said. Through
it the gold dollar may be revalued
to again give the nation a suffic-
lent supply of money to transact
its business. Retaliation of the
gold dollar, a principle for which
the Farm Bureau long has fought,
will keep the nation a "hard
money country, but money will
not be so hard for the common man
to obtain, because there will be a
supply adequate to the business
needs of the country, the Farm
Bureau leaders asserted.
Of great and immediate impor-
lance to every debt-burdened farm
er in the United States is the credit
provisions of the. farm bill. The
act provides that any farmer whose
mortgage debt is less than the
normal value of his property, can
refinance the mortgage with As
per cent money, where as now his
interest charges are five and six
per cent and sometimes even more
than that. Mr.. Winder said that
the American Farm Bureau Fedora
ton was deeply disappointed that
lower rate of interest was not OBJ
tanned, but that the striking con-
cession granted in the bill will
mean that thousands of farmers
will be able, to retain their farms
which otherwise would have been
lost by foreclosure. The liberal
amortization provisions of the bill
are as helpful as the lower interest
rate. The bill also makes provis-
ions for composition of existing
debts through agreements between
debtor and creditors, which will re-
suit in the scaling down of the
mortgage lead. Further provision
is made for the farmer to borrow
up to $4,000 for farm improvements,
machinery and the like, at per
cent interest rate, Mr.. Winder said.
This loan will enable many fore
closed farmers to buy back their
property.
Surplus control provisions also
are embodied in the farm bill,
through which the government may
pay rentals to farmers who allow
their land to lay idle. It is doubt
full if this provision will be invoked
to any particular extent this year,
as the crops have already been
planted. In future years, however,
this provision may become a high
ly important factor in keeping
farm production in step with ma
tional or International needs, Mr..
Winder said.
The farm bill has the wholeheart-
ed support of the farm organiza-
tons that helped to write it, name
ly, the Farm Bureau, the Grange
and the major farm marketing Or
CARNATIONS of the country, Mr.. Win
der said.
Other speakers at the conferen-
ces are J. S. Jones, secretary-treas-
urer of the Minnesota Farm Bur-
eau; Mrs. E. v. Ripley, home and
community chairman, and A. G.
Moreness, director of organization.
Attending are officers of township
and county Farm Bureau units.
The complete schedule of confer
ences follows: Minneapolis, May
20; Aitkin, May %; Bagley, May %;
Fergus Falls, May "a; Madison,
May Is; Slayton, May 26; Mankato,
May 81; Rochester, May 20.