The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-18
FARMERS WILLCET
S5o,Ooo,OOO FOR
PRODUCTION CUTS
TWo.Year Plan Added to Gov.
ernment's Efforts to Help
Producers
PURCHASE WHEAT AND EGGS
Expect Credit Body to Make
Loans to Cotton Farmers
This Week
PURCHASE WHEAT AND EGGS

by the Associated Press)
A half-billion dollar corn-hog pro.
gram Wednesday was added to the
governments manifold efforts to
boost farm prices.
Secretary Wallace announced the
two-year plan for balancing supply
and demand through $350000. 900 In
benefit payments to farmers In re-
turn for slashing corn and hog pro-
duction.
While Governor william LANCER of
North Dakota pressed upon other
states his plan for wheat shipment
embargo, the federal government con-
tracted for a. million bushels for re-
lief distribution. There were indica-
tions this figure might be swollen to
100000 bushels and eggs added to
the relief commodities.
Organization Of the Commodity
Credit corporation advanced to the
stage where 1t will be ready to make
loans to cotton growers by this week.
end. The producers may borrow eight
to 10 cents a pound on the unsold
portion OF this years crop II they
agree to Join the 1884 acreage con-
troll program.
Court Test Expected.
Langer's embargo plan seemed
headed for court test Of his au-
thority to block wheat movements
across North Dakota's lines. Secre.
tary Wallace declined to discusS II,
but commented 1t should call atten-
ton to the problem Of the wheat
farmer"
The two-year commanding plan
involves the payment Of as much as
$3.50, 100000 in cash benefits to-farm-
ers. and purchase and distribution OF
400, 900, 900 pounds Of pork to the
needy, in addition to the 100000
bought recently.
A swine processing tax, starting
Nov. 5 at SO cents hundred pounds
and increasing to 81 by February l, Is
expected to raise $348. o00, 900 In two
years, with a similar tax of 80 cents
\ bushel on corn producing from $780,
0uO,000 to $7O,0Oo,00o. Corn growers
will receive an additional $40, 000, 900
from fund provided in the national
recovery act.
Tax on Floor Stocks
A tax on floor stocks Of pork and
pork products held by meat process
sors and wholesalers will 90 into eff
feet Nov. S, the same day the new
processing tax on hogs will be levied.
It was reported Wednesday that
packers, who protested the eventual
tax rate of 81 per 100 pounds on hogs
liveweight. won victory through
agreement of administrators that the
tax at the start will be SO cents per
hundredweight.
The packers contended their floor
stocks are high. It Is estimated pres
ent storage supplies amount to about
800 1000 900 pounds.
Had the tax at the beginning been
81, the levy on floor stocks would
have been four times as high. I'm
der present plans the 50-cent rate
will remain in effect for at least 80
days, then increase gradually, reach
ing the maximum of So Feb. l.
Study Poultry Situation
Farm administration officials also
have been studying the poultry situ-
elton for some time and have come to
the usual conclusion - too many
chickens and too many eggs.
Since the federal relief corporation
has cash to pay for farm surpluses
required to feed the unemployed. sew
eral million, dozen eggs may make the
transfer from storage to the table
soon.
The price that would have to be
paid for chickens, even those IN cold
storage. Is regarded as too high. prob
ably. to justify buying any consider
able quantity for the destitute.
The purchase Of around nine mil.
lion pounds Of butter monty Is con-
templated. Beef products are to be
purchased through the relief corpor-
alton.
Apples Wednesday were added to
the surplus products to be purchased
by the government.
Harry I. Hopkins, relief administra.
tor. announced that 1000. carloads Of
grade o apples win be purchased in
addition to butter, cattle and an un.
determined amount Of wheat. He has
appropriated 100000 to buy apples.
He said that between @5,O0o,O00 and
$l0,0o0,O00 Of low-grade range cattle,
principally she stock" win be pur-
chased and processed for relief pur-
poses. Most Of this meat viii b
canned.
The total amount Of wheat to be
purchased has not been determined.
HATTON PLACES ROBBED
Hatton. N. D., Oct. l8.-(ReTwo