The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-04-14
Friday, April IA, 1888
ONLY FARM DEBT CANCELLATION
CAN BRING MEASURE OF RELIEF


American who have demanded relief from the fear
burden of debts that presses them into slavery This
challenge is that cannot unanswered 1t demands
of of the progress have made far IN the
struggle against the mortgage holders and consideration of
the steps to be taken in the future.
The farm mortgage act provides relief to the in
srance companies and other rich mortgage holders not to
the farmers The insurance companies and various ega
lures and granted temporary moratorium Oh
der stall them for time What they stalled for has occur
1ed-Roosevet proposes billion dollar gift by the fed
era for the frozen mortgages OF the bankers
The United Farmers League has stood steadfast the
front line in the struggles of the farmers against debt %
cry as all their struggles. In these struggles the farm
have attempted to tear the greedy hands of the bankers
off of their homes land and chattes The temporary
forum which granted to them partial victory in
this struggle The moratorium by the insurance companies
granted not to benefit the farmers but to protect the
ened with liquidation by the militant farmers in Sears and
ROebuck sales.
The struggle for the homes land and chattes
of the impoverished farmers is still the order of
business! 1t has not been settled.
proposed reduction of interest rates Az per cent
relief to the destitute farmers They al
ready existing at levels far below that at which they could
pay Az per cent The refnancng of the forgages pro-
posed the bill be of benefit only to the rich farmers
who are still able to make profit.
The Emergency Farm Mortgage Act of 1888" means
bascally state guarantee of the equity" of the Wall ST.
robbers in the farm lands of the country.
What of the farmers equity-wOn by the re-
lentless toll of himself and his family decades?
This equity only be secure if the greedy claims
of the robbers abOished-if these claims
cancelled.
moratorium merely puts off the day of reckoning
it does not bring security for the American farmers The
events of the montsn the United States
the capitalist Wordare indications that capitalist
society is being shaken in all it's foundations Those of
who thought that might out top if only
reckoning postponed for time should be able to
that that future day of reckoning will find in
impossible situation than far as meeting
the debts that have been piled is concerned Whether
eXpOter is the federal the insurance
companies and banks of no Importance as far as our
nomic future is concerned We live in society that is
cracking We live society that is determined to main
tain its existence at expense.
The saving of FARMS lands and chatteIs
the protection of our loved ones is still the order
of the day!
The United Farmers League militant leader of the des
tute farmers declares unhesitatngy that measure of
real security only be obtained thru the cancellation of
the debts that were forced by the bankers and which
we shall never be able to pay.
Many thousands of farmers do not understand this as
yet Many feel that moratorium will bring some relief
The United Farmers League will stand shoulder to shoulder
with the organized farmers regardless of what Organize
Iey Iel0hg TO- and with those farmers who
ton or not. ''-O III o"i'0l
It will fight to establish United Front through demo-
cratcaly elected COMMITTEES OF ACTION of ali farmers
to maintain the homes and lives of the American farm
people.
AS the militant LEADER of the American farmers the
United Farmers League will continue to clarity te situation
in which farmers find ourselves and will draw +bo
essary conclusions for all farmers from the situation as
develops. ~ " =
The cancellation Of the debts the impoverished farm
ers must beome the slogan in the struggles of the farmers
only thru the abolition of these debts win relief from
our present misery.