The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-01-05
Farmers in Kansas
and Missouri Irked
Blu Prices on Stock
clipper days. when we asked
fav0rs Of none, and yet spread
Snss~ AsnA~ n~n,,~A AO~> ,,,0r0N

clipper days, when we asked
favors Of none, and yet spread
our trade around the world
But despite all this grief in one Of
their main industries, Kansas ane
Missouri farmers are nowhere near a
radical as those Of the northwest o.
even Of Iowa.
It Is estimated. for instance, tina,
in Missouri third Of all farms are
owned clear, q third are mortgaged
only lightly, and most OF the others
are not greatly below their mortgage
value.
Even In such cases there Is hope
For A. g. Bryant, chairman OF the
Central Farm Relief Association
whose members are unwilling" own
ers Of vast tracts Of foreclosed Kan
sas and Missouri land. says prices OF
farm land are already from 10 to Is
per cent higher than year ago.
Mortgage Bill Falls Short
The farm mortgage bill is regarded
out this way as q flat failure. The
Federal Land Banks were not equip
ped to handle the thousands Of ap-
plicants.
Restrictions on loans were SO tight
that many we're rejected, and this
caused more i'll feeling than II there
had been no program at all. Recent
~, more liberal appraisals and the
getting in mesh Of the farm machin-
cry have eased this situation some
what.
You repeatedly hear farmers say
that II they can refinance their debts
on long term and low-interest basis
instead Of the 6 per cent mortgage
and - per cent chattel loan money
they used to get, they will be al
right without any further federal tin.
kertng with the processes Of nature.
The wheat allotment checks ART
just beginning to come In, and il
seems fairly certain that more o,
this money will go for payment o.
debts and taxes than in the north
west.
In the first place. most Of thu
checks are larger. At independence
Mo-. the checks arrived just at ia,
time, and many were endorsed ovel
intact for taxes.
When q meeting was held In De!
Moines to announce details Of tn
corn-hog program. 5000 farmers mill
ed around the hotel, trying to ge
into the meeting. It had to be movet
to the Coliseum, and once inside ther'
were 200 farmers on their feet at ono
trying to ask questions.
A definite impression was left b,
some of the speakers that II the rat
ate the unsold corn stored in crib
on the farm, or If it were stolen o
burned. that would be just too bac
but no worse than that. For
| course, In storage. 1t hangs over tn
market just like the farm board whea
used to do.
Roosevelt Still Popular
It Is hard to find any dimming o
the personal popularity of Presiden
Roosevelt In this section. The radical
berate Wallace as having "turne
conservative on them," while the con
servatives sigh with relief and sa
Wallace didn't turn out to be as viii
as they feared"
Naturally enough. sound money
sentiment in the sense Of the old
fashioned counting house banker
does not exist here. The Cham
| Der OF Commerce passed . mild
resolution that they would like
to ret back on sound money when
and on whatever basis seems desir-
able"
| This apparent heresy In such
. circle b explained by , banker
who told me I'VE want anything
that will benefit agriculture, short
i Of sheer greenbackism."
Complain on Codes
Total number Of complaints to tn
compliance board was about 60(
many trivial or due to misunderstood
Ing. and there were only about 2
requests for exceptions.
One restaurant, after q piteous ple'