Evening star., 1933-10-08
IDLE COTTON LAND
!. BONUS RATE FIXED
U. S. to Pay Growers So to
I S11 Per Acre to Cut Sur
,, plus in 1884.
BY the Associated Press.

Cotton growers will be paid rentals
of from SO to S11 an acre to let their
lands lie idle next year in the Govern
l1lents newest program for trimming
surplus farm production.
The scale of payments will be based
on the potential yields OF the land un-
der the control program made public
yesterday by the Agricultural ADJUST
'ment Administration, which aims to
bring paintings down to $4,000 900 acres
in 1894, as compared with about A.
100000 this year.
1t was estimated the cost would be
about Sl00,000,000. This will be met by
continuing the processing tax OF AZ
cents pound for another year.
Farm administrators said they intend
to launch within two weeks their CAM
paign TO obtain agreements for reduc-
ing the paintings. The first step will
Ibe organization OF county associations
OF growers.
Speed Required.
Speed is necessary to make the con-
troll campaign parallel the Governments
program of making loans of 10 cents
"a pound on cotton held by farmers The
latter will be put into operation soon
under the plans approved by President
Roosevelt, with loans being extended
by a commodity credit corporation to
farmers who agree to join in next years
reduction program.
In addition to rental payments, pro-
oucerS joining in the 1894 control plan
Will be paid a benefit on the domeSti
cally consumed portion OF their crop II
the average price during next season is
below the parity price for the staple
based on pre-war averages. Any rentals
that have been advanced by that time
Will be deducted from the benefit pay
ments. About One-half of the cotton
tproduced is ordinarily required for do
fmestic use.
S71,706.O35 Paid.
The administration completed dEtrl-
button yesterday of 7l,706, OBS in checks
to producers who joined in this years
program by plowing up from Is to so
per cent OF their growing crop
In all, 66l. 900 checks have been
mailed and 1872 900 of 100000 certlfi-
Gates of performance providing proof
that the grower did pillow up definite
portion of his crop, have been received
and approved for payment. AS many as
$4,000 checks are now being issued each
day
Rental payments will be paid next
year for land producing as little as 10
pounds of cotton per acre. In TINS
years program, land producing less
than 100 pounds was not eligible for
consideration.
>-->- 1884 Schedule.
The schedule of payments in the 1884
program follows:
For land producing approximately 10
10 l25 pounds per acre, rental OF not
lover So an acre; from $50 to 200 pounds,
a maximum of IS: 225 to 800 pounds,
maximum of 81; 1926 to 400 pounds
a maximum of SO, and for land pro-
,ducng 400 pounds and over. maxi
.num of $11.
The amount of the cash rental Will
lbe determined by the county assocla-
|tons. subject to the approval OF the
adjustment administration.
Secretary Wallace in an explanation
ict the program said:
The current price of cotton is b.
I!ov its fair exchange parity value.
The administration recognizes that fur
lther efforts to aid the cotton farmer
in solving this problem are imperative.
The advance OF 10 cents per pound
ion the current crop will enable the
iderly way and he will not be forced to
sell at prevailing low prices because he
needs the money now. The Govern
ment is providing the means to carry
this cotton, so that the man who pro-
duced it and who will cooperate IN
the production control program will
benefit from any increase in price that
fmay result from our efforts to obtain
fair exchange prices for farm COM
moditieS.
Cooperation Required.
Meantime. We are proceeding with
plans to adjust further the oversupply
of cotton by restricting the 1884 acre
age. The producer who obtains loan
from the Government on this years
crop must pledge himself to Coop
crate in the 1884 program.
TT was evident after the record pro-
duction this year that cotton adjust
ments should continue. 1t would nave
lbeen manifestly unfair to the producers
iif any Improvement in price resulting
from next years program had come
after the present crop had -'aseed out
) OF his hands. The 1O-cent loan Will
tend to prevent this.
1T should work to the advantage OF
the cotton farmer and We nave assur-
ance that they will not only seize TINS
+opportunity, but continue these co-Cp-
eratiye efforts to insure success Tor the
1894 cotton adjustment program