The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-05-22
O'CONNOR FAVORS
WHEAT INCOME BILL

WHEAT INCOME BILL
Representative James F. o.
Conner, of Livingston, states
that he appeared before the Ag-
r1cultural committee of the
House Wednesday, May IA, in
support of the Wheat Income
Certificate bill, and pointed out
to the committee, that the me-
chanics to carry out the pro-
I posed amendment to the Agri-
culture Act are primarily al
ready set up and that the new
bill provides for the creation of
an advisory committee consist
ing of a representative of the
wheat farmers, one of the con-
sumner and one representing the
federal government.
"This committee will meet be-
for the middle of May each year
and by the use of all available
information shall determine the
probable average level of prices
to be paid for wheat to farm
| ers for the ensuing year. They
shall compute the difference
between the prospective aver
age farm price and the parity
price as determined by the Blu
reau of Agricultural Economics,
whichever may be the higher
and shall recommend to the
Secretary of Agriculture that
this be the value of the wheat
income certificates for that
year. If the Secretary Of Agri-
culture reviews the findings of
this committee he must use
the same statistics. After such
review the secretary shall de-
clare the value of wheat income
certificates which will represent
the difference between the esti-
mated average farm price and
the parity price.
The Secretary of Agriculture
shall have printed each year
wheat income certificates in an
amount equal to the annual do
nestle consumption of wheat
Tor human food plus a normal
years exports. The professor
IS required to purchase these
certificates from the Secretary
OF Agriculture for all wheat
prOceSSed by him at a ratio OF
l us certificates for each bu-
shell of wheat. Ii the farmer is
found to have complied with
the allotment agreement the
FUNDS so acquired by the Sec
rotary from the wheat process
sor is paid to the farmer. For
instance, taking these figures
as an example, if the price of
wheat is 90c per buShel and the
parity found to be $1.10 per bu-
shell, a certificate will be issued
Ior zoe per buShel and the far
mer will bet cash for his wheat
up to 90c per bushel from the
professor and if it is found that
ne has complied With his wheat
allotment he will receive the
certificate for zoe from the Sec
rotary of Agriculture. If the
larmer raises more than his
wheat allotment he has the
right to store such wheat and
the following year, in the event
he produces under his allot-
ment, he may use the stored
wheat to make up the aIlot-
ment."
MIR. O'Connor also said, cit
is imperative to provide parity
payments for wheat on account
Of increased cost of labor, ma
chinery, taxes. etc., due to de-
tense expenditures"
Mr.. O'Connor also pointed out
to the committee, that in Or
der to make the parity payment
on wheat workable 1t would be
necessary for the Tariff COM
mission to recommend to the
president and the president to
issue an order to raise the tar
If on Canadian wheat to at
least Csc per bushel on milling
wheat and Soc per bushel on
leeding wheat"
He stated, that ne had al
ready asked the Agriculture de-
partment to make this recon-
mendation to the Tariff COM
mission and that when the
hearings are had, he will ap-
pear before the commission in
support of such raise"
MIR. OConnor pointed out,
that such action is necessary
to be taken to protect the do
mest-c producer of wheat
against importation of Canad-
ian wheat"