Evening Star Newspaper, March 26, 1929, Page 6

FARM AID IS URGED BY ‘PRICERAISING Edugator Tells Senate Group | Congress and President Ought to Act. 12,466 Visitors Come to Capital For Easter Week gun to swell the sightseeing groups passing through the Bureau of En- | graving and Printing, recognized as one | of Uncle Sam’s best shows in the Na- tion’s Capital. an accurate criterion: of the number of visitors in the city. Al- ready during the month of March, which still has about a week to go, the number of visitors has eclipsed the rec- Dr. John D. Black, professor of agri- cultural econcmics, appearing before | the Senate committee on agriculture studying farm legislation today, ex- | | al ) tive | sought to differentiate be- | ing"” and “price-raising.” | bilization_of ) wve it as his something should be done > the farmer to equalize the his dollar with that 2150 heard Sidney | member of the House prescnt presi- nal_F ta | h| 1 | try be divided cts to have oduction of | Anderson Gives Views, Anderson, giving his personal problem, and not ion of which he he knew of no plan which would solve the prob- of agriculture. Dr. Black in much detail showed the committee how it was possible to sta- bilize crop prices over a_considerable period of years. He said. however, that tabilization, brought about in part uying up a percentage of the crops | holding them over until the next | year, would cost sorhe little money. He said ' that in the long run he believed hat such stabilization would help the it could not soive en-g Mr. art of Towa, who sat | e, asked Dr. Black if ere not true that shouid the stabili- zation price fall below the cost of pro- duction the farmers would g0 broke. Dr. Black's answer was “yes.” Would Repay Farmers. Dr. Black argued that the stabiliza- tion of prices, if accompanied by some control of the production, would repay the farmers for all the stabilization plan would cost and that in the end it would aid in the reduction of the cost of pro- duction. The Harvard professor said that he had studied 2all the price rais- ing or price fixing plans which had been laid before the congressional com- mittees in the past and also some other plans for price raising. One he called the “allotment plan with transfer for rights.” He explained that under (h!s‘ plan a farmer would be given a permit for the amount of cotton or wheat which he could sell on the domestic market and receive the domestic price plus the tariff. Under this plan the farmer would be at liberty to sell any amount of his prod- uce he desired for exports. Dr. Black said, however, that a farmer was not apt to seek to produce a large quantity of foodstuffs which he had to sell at a low price for export. For that reason, he said, this plan should result in cur- tailing the amount of acreage planted. Dr. Black suggested also that an ex- port debenture plan would be of assist- ance in dealing with certain crops. In conclusion he said that he thought a combination of these plans would work to the benefit of the farmers and that no single plan probably could be adopted which would benefit all the farmers. Senator McNary, chairman of the com- mittee, asked the witness if he believed that the situation of the farmers war- ranted legislation” fixing the price of their product. Dsr. Black replied that the situation did warrant the adoption of some plan for price raising. A plan for extension of banking credit to agriculture was formulated to- day by a conference of officials of seven forum co-op-rative marketing as- conferred in an y 7. 1A ,things look ! v blackest }‘ ¢ S 0.S /4 a7 §. 0. S. SCOURING PADS are sold at all grocery, hardware and department stores | large ord of last March. So far this month, 12,466 visitors up to the close of the bureau last night had passed through the plant, as compared with 10,173 for the entire month last year. The sightseers were lined up outside the building awaiting their turn this marning to be shown through by, the Government guides. Additional protection for the throngs which flocked to the burcau is to be provided by steel and glass sidings now being placed on the covered entrance- way to the burcau. This will provide a corridor protected from the weather where Americans coming to see_their own money printed may not suffer from the vagaries of Washing- ton’s weatlier. study of the pending farm relief legis- lative program. The rural credit program was agreed upon at a morning: session of the co- operative organization, which this aft- ernoon presented it to a joint meeting with representatives of the National Grange, the American Farm Bureau eration and the National Farmers' Unjon. The program would call for wo revisions of the existing Federal farm loan machinery. One principal change in the existing Federal farm loan machinery called for the addition to the functions of the immediate credit banks of a $300,000,- 000 revolving fund whkich would be used as loans to farm marketing ore ganizations to refund plant and ware- house obligations over a long period amortization plan. The other was for the reduction of the minimum time limit on commodity loans from 6 months to 60 days and for a 90 per cent increase of the maxi- mum amount of these loans after hedging of the commodity on a recog- nized contract, Members of the House agriculture committee in studying over possible modes of procedure for the evolution of a new farm relief bill have struck upon a plan to have a subcommittee work out with Secretary Hyde the details of the measure. What a time-saver—this delicious juice of perfect Concords! Good for you,too —rich in fruit nourishment, energy value and mineral salts your body needs. “Tryitfor tomorrow’s break- fast. .A welcome change! 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Corporation Proposes Line on East| Coast of South America, NEW YORK, March 26 (#) —Pan- | American Afirways, Inc., yesterday an- nounced it was negotiating with the A sntine and Brazil governments regard- a proposed new South American THE EVENING STAR, WASHINGTON, D. €., TUESDAY, MARCH 2, 1929. TRAIN CREW ACCUSED, |Drosourtias week, with a resultant oss| TW(Q BARE ROBBERY PLOT.!f:';:‘: &*;:a“é:',.,%‘n.“é‘:.”::h@ The inquest was held into the death | | tectives said. Coroner Fixes Responsibility for of Horace Smith, a fireman, who was | Pajr | Campbell ‘was captired ‘as hewig 3 Siisc s he colltan.” The veraley sapa | TIF Flanned to Take §1,500 Pay |, JamEYC YA SRS S8 PaiTer Collision Causing 12 Deaths. Roll, Detectives Say. ‘ PARRY SOUND, Ontario, March 26 { that the collision e due to the neg- | way was caught when he attempted to ect of the crew of train No. 3 in run- o get away. ' The'robbery was to' ha ning past the meeting place at which‘ MCKEESPORT, Ba., March 26 ().— | been" comimitted upoh & signdl from’ 5 i (#).—Magistrate J. D. Broughton, sit- | Two men confessed to a plot to rob the | P: |1s now operating an alr transport lin€ | ying a5 special coroner, without Union Dye Wi fa 815 v |on th: west coast. The new line would il » Without a jury, on Dye Work here of a 81,500 pay- connect at tHe Canal Zone with the |Vesterday held the crew of westbound Nerotiations for mail contracts with these countries have gone so far, Pan- American Airways said, that it was con- fidently expected the line would be in operation shortly, thus giving' South America its second long international airway. g Pan-American-Grace Airways, Inc., hey had orders to stop.” 'aul Jones, laundry emplaye, the de- roll after their arrest by county detec- G ectives said. Rev. Armand W. Forstall, Jesuit | tives yesterday. John G. Gallowa. 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