The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-05-26
FARM COOP CHIEFS
OUTLINE PROPOSAL
AT WHEAT MEETING
Would Give Benefits This Year
on Promises to Reduce
Grain Acreage
VOICE PLEA At CONFERENCE
All Interested Called to WASH
ington For Session on
Government Policy
VOICE PLEA At CONFERENCE

Washington, May 26.-R-Repre
sentatives Of wheat growers Friday
urged early application Of the volun-
tary domestic allotment plan and
benefit payments to farmers Of $751;
300 600 this summer.
This was done at the first commod-
ity conference called by George N
Peek, chief administrator Of the farm
act, to devise methods Of
farm income.
NJ. w. Thatcher, representing the
Farmers National Grain corporation,
presented the proposal for Is wheat
growers organizations calling for levy
ing of a processing tax by August l
and payment of benefits to farmers
starting in mid-July.
The plan calls for payment to farm
ers Of rewards in return for agree
ments to curtail their wheat output
next year. Payment Of 10 per cent
of the benefits this summer as pro-
posed by the growers would, Thatcher
said, aid business recovery and assist
farmers in the winter wheat belt who
have abandoned large acreages be-
cause of bad weather conditions.
Thatcher said that assuming the net
average wheat price to the farmer will
be 40 cents per bushel. and that the
parity price defined under the farm
act would be 81. processing tax Of
80 cents q bushel would be levied.
: If our crop for the year will ap-
proximate $3.50, 900 900 bushels and our
processing will be like amount, then
the imposition of a so cent tax per
bushel would create found Of $3.50, 000-
900 for benefit payments" he added.
Want Early Action
I'VE ask that 70 per cent of $751;
900 900 be advanced to farmers at an
early date and the balance of the
fund over administrative expenses be
apportioned near the end of the crop
year. We ask that these funds be ap-
portioned to states and then by the
states to counties, based on past yields
and production.
There is no switch on the national
board which can be turned to such
an immediate advantage to the ma
ton as that one which would provide
agriculture with some immediate
funds for lumber, hardware, paint,
clothes, schools, debt payments and
so on"
This is the tme," Thatcher con-
tinued, ito establish mutual crop
insurance benefit soundly based on
historic yields and applicable only to
land which has been regularly used
for wheat production. If this benefit
is not made available as suggested,
thousands of families will be obliged
to fall back on charity.
Secretary Wallace, in an opening
statement to the conference attend
ed by growers, millers, bakers, handl-
ers and representatives of grain ex-
changes, urged that the crop agree as
far as possible on plan, asserting
that lack of agreement would cause
failure for this plan"
Edward A. O'Neal, president of the
American Farm Bureau federation,
who backed the Thatcher plan, said
his organization believes that I'VE
should have action on wheat at once"
The wheat men were called together
by George N. Peek, chief administrator
George N. Peek, chief administrator
of the new farm law, to create
ce-improving, production-reducing
program for their crop.
Growers, millers. bakers. handlers
and others interested In wheat were
The wheat meeting is the first Of
a series on each Of the seven basic
listed in the adjustment
act-cotton, corn. hogs, tobacco, rice
and dairy products.