Imperial Valley press., 1933-07-28
AMPA|GN To
AID FARMERS
MAPPED OUT
Government Leaders Move To
Turn Agricultural Industry
Into Profitable Channels.
START IN UPON WHEAT
Policy Includes Dumping Sur
plus Into Oriental Markets
If Necessary.
BY JOHN A. RICHMANN
United Press Staff Correspondent

Dy JOHN n. hIIhnhNN
United Press Staff Correspondent
WASHINGTON, July %. tU.Ra-
Roosevelt farm recovery leaders
were embarked today on a thor
oughly "nationalistic" program TO
turn farming into a profitable in
dustry again.
They were ready to pursue this
policy, if need be, to the point OF
dumping" as much as possible OF
the wheat surplus in the Orient,
according to those prominent in
the program.
This shift in the farm recovery
battle came stimuli jtaneously with
announcement from London that
the wheat growing nations had
abandoned for the moment G.I:ir
conference seeking worldwide
wheat reduction program.
The conference was recessed m-
Til Aug. 81, which will be too late
for the administration to join in
any reduction agreement on the
1884 crop. Before the confereeS
meet again Secretary of Agricul-
ture Wallace will have announced
the amount by which American
wheat farmers are expected to cut
their 1884 production. They may be
asked to reduce their average pro-
duction for the past three years by
20 per cent, but probably the per-
centage will be much smaller.
The figure last considered by the
London conference was Is per cent.
The figure Wallace will announce
may be even less than that. A short
crop now maturing and the pos
sibility that some of the present
surplus may be sold to China, will
serve to reduce the present huge
carryover-the goal of the crop
program.
Preparing the farmer for the ma
tional program, agents were carry
ing on an intensive campaign of
the great wheat states to spread the
gospel of cooperative action.
A nigh spot of this educational
program was the theory of nation
alism and its effect on the farm.
He was being taught that he can
not depend on the foreign market.
He must, he was told, grow only
what America can eat.
The drive to sell excess wheat in
China was revealed by George N.
Peek, chief of the farm adminis-
traitors. The proposal was given him
during the recent conference of
wheat marketing men who pointed
out serious situation in the north
west where 60 per cent of the ex-
port wheat formerly was produced.
WASHINGTON, July %. U.P)-
The farm credit administration
soon will inaugurate the second
phase of its drive to rid the farmer
of his pressing debts, with the es-
tabliShment of production credit
corporation at st. Louis, Mo.
Similar offices then will be estab-
liShed at each of the federal land
bank cities.
The production credit corpora
tions will make production loans to
hOACaA4lE~a -aooOIldllOIlo VI 1dl IIlcIS
formed for Borrowing purposes.
- The administration also is press
ing its drive to refinance the farm
ers mortgaged Indebtedness, task
becoming increasingly easy since
farm prices have begun to rise.
More than 900 appraisers are
travelling rural districts appraiSing
lands of farmers who wish to re-
finance their mortgages from the
S2,000,000, 900 fund created for the
purpose. Within a month there
will be 1000 appraisers at work.
They have a big task ahead of
them. During June alone 1924
farmers asked to have $87 ,383,3l2
worth of mortgages refinanced.
The administration simultaneous
ly is pressing its plan for the re-
opening of banks closed because OF
frozen farm paper -Four states,
Illinois, Wisconsin, Iowa and South
Carolina, have already been made
subject to this plan.