Honest Markets and a Fair Price
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What About Holding Wheat for a Dollar? Page 6 MRIL fd BREEZE 5�aCopy Volume 70 August 6, 1932 Number 16 Honest Markets and a Fair Price courts will now decide whether farmers may Trade's "free do business on the Chicago Board of market." another and open competitive It is chap ter in the farmer's long fight for honest markets and a fair price. UHE If, under the Grain Futures Act, the Chicago Board of Trade does not restore the Farmers' Grain Corpora be tion to full trading privileges by August 8, next, it will order of the suspended as a contract market for 60 days by Secretary of Agriculture, with the concurrence of the Secretary of Commerce and the Attorney General of the United States. The Board of Trade has appealed to the U. S. Circuit Court be to set aside or modify this order. The case may finally taken to the United States Supreme Court and a year's time Hoard of Trade will con may elapse. Meanwhile the Chicago tinue to do business. "This Wa fight for the life of co-operative marketing which is vital to the future of agriculture," comments Senator Arthur Capper, author of the Capper-Volstead Co-operative Act, also of the Grain Futures Act. "The Chicago Board of Trade is making desperate efforts to prevent farm marketing groups own also to from having any voice in their markets, prevent their own them from making any profits from handling prod ucts. It looks as if the grain exchanges are taking advantage of the depression to try to break the co-operatives, and do not in the I care if they ruin the farmers of the country process. hope the Government stands pat and forces the Chicago Board of Trade to obey the laws of the land. Among those publicly opposing the farmer's effort to win his economic freedom and who has made a place in the grain market, is Arthur Cutten, millions gambling in farmers' grain. Mr. Cutten speaks of with that 'those who grow fat at the farmer's expense.' I agree general statement, but it is the grain gamblers who have grown fat at his expense, not the Federal government." In 1929, and since, the country as a whole, had an expen sive object lesson in stock market gambling. It has cost it in cash nearly four times as much as the World War did. Years will be needed to recover from it. In the same way the farm population of the United States, and its vital agricultural in dustry, have been the victims of manipulated markets and gambling in grain for years. This has been a long fight for the farmer, but he is going to win it. Since the passage of the Marketing Act and in spite of the breakdown in all commodity prices, including general markets, the 12,000 farmer-owned co-operatives in the United States have increased their total business more than $1,000,- 000,000. Of this vast number of farmer-controlled co-opera This is tives less than a tiny fraction of 1 per cent have failed. annals of this a record unparalleled in the business country. There were 4,500 present at the recent annual meeting at Minneapolis, of the "Land 0' Lakes" Creameries Corp. Its business amounts to more than 35 million dollars a year. It sell handles eggs and poultry in addition to dairy products, ing 2,139,590 dozen fresh eggs in 1931, besides millions of pounds of high-class butter. This is as it should be-a farmers' business handled by farmers. TAKE "UNCLE DAVE'S" and CHARLEY'S WORD FOR IT "Uncle Dave" Weatherford and Charley Reinit:r:,'his tractor superintendent, of Mount Vernon, Ind., tell what they think of Polarine Motor Oil for tractors. "Hey� Charley,come on over," he interposed. Charley' came over and he introduced me An Interview with: "I want you to meet Charley Reinitz. He 'is my tractor man. He can tell you more about by this tractor than I can, but I know oil." An Eminent Authority on Agricultural Engineering "We used only five barrels of Polarine each said "Jt year," Charley. goes farther than any . I weren't satisfied with Polarine I'd "She's thirteen years old," he explained other motor oil I ever used." was . W. D. "IFchange," (Uncle Weather when I asked him about the oldest tractor. "Tve + + Dave) + ford's reply when I asked him if he had had kept her in condition with Pola- good running The experience oj Mr. Weatherford with Polarine success with Polarine in his tractor. "And I rine Motor Oil ever since I her. got is similar to that of thousands ofotherfarmers. guess I ought to know .about motor ttWhat do I do with tractors? something my Every- Here is the best proofin the-world that Polarine oil for I've used a lot of it. Began using Stand the new we are thing-with general purpose (a Standard Oil product) will protect your ard Motor Oil in tractor in 1911 and used it able to take care my tractor from wear and hold down costs. Cail since one. That of our corn as-well every year except experience your local Standard Oil agent and order the was for me." "x" is made enough Iso-vIS as other crops. grade you want. There were four tractors in the yard when we called to see "Uncle Dave," as he is known in the community. Uncle Dave is well over �§gi� seventy but no one could guess it by the way he . moves about. It - Thus. peevents _ � ttl have to look after 1600 acres and I N E keep :.��:;.�:Ic OLARI my tractors going night and day during the i..' rush," he continued. "I can't take chances on �.�:�e��:U��1����::8.'LJOT 0 R O.·L motor oil." just anybody's Iso-Via e,uals Polarine in every way aml beaides it 'WiU not thin outfrom dilution STANDARD OIL COMPANY (Indiana) . .:::)�." \,' N '·r;' � ("I") l.." .: ( • Cl I --'_'.:c-:::Z · HENRY HATCH •••• •••• JoylllJllJlle, 'Form Nole! RUTH GOODALL.,,: ,�"o,.,!I"_., lf4;lor:= ...•......•••• .• A. G. KITTELL , J. M. PARKS : Protectiv« Suv;ce ;� •. ,.,..P�,y� RAYMOND' H. GILKESON: .•.. LiveJlock Ediltn; J. M. P�RKS MlJ1Io,., Cftl,e, Club!;J:, T. ......••.•....• H. C. COLGLAZIER.; .. Shorl G,IJJ! Fo,m Nole! A. McNEAL 1�al t!r,orl�t � <: DR. Lr:RRIGO ••••.•• RAYMOND H. GILKESO� ..•••...... Do;,yi", C. H. M.d�al f)�tor�", rate: Two . S. Published every-other-week at Eishth and Jack Subscription years $Nli.Ju. 'lfub. , r· '/ ' son streets, Topeka, Kan. Entered at Topeka, scription. stopped at ellplratlon. Address.., �?l under act 01 Con about to Circulation lette�sJ as second-class ' Kan., matter, subscriptions Departmeiit.....,·--- ARTHUR CAPPER, Publlsher Kansas gress 01 March 3, 1879. Farmer, Topeka. - A. L. NICHOLS, T. A. McNEAL, RAYMOND H. GILKESON, ROY R. MOORE, R. W. WOHLFORD, H. B. BLAKE, Managing Editor Editor Associate Editor Advertising Manager Circulation Manager Buslne�s �Manager Volume 70 August 6, 1932 Number 16 • To Be Read In the. 'Shade that grazed part of R. E. Parcel'iii seeding as there are fewer grasshoppers to bother. wheat, at Coldwater, this year paid $5.99 "We get more hay on summer-fallowed land for . CATTLEan acre for it compared to $2.75 returned This Is Getting Interesting at least two years, because of- the extra moisture 'for grain harvested. That makes $3.24 in favor stored up. Aeration of the soil- enters into a larg of pasturing wheat. While we are on this and other 8ubject8, er tonnage. Much also depends on the lime con Hereford 70 acres tent of soil and the for duration of . Ninety-eight yearlings grazed the [aot that the Grain 8tabiZizi1�g Corpora tile fertility; acres of from 14 to a stand I look more to the lime than to of wheat and 30 pasture April tion has only 28 01 the more than SOO mil fallowing. June 14. In the 60 93.3 pounds "I can afford to fallow for alfalfa because I days they averaged lion bushels 01 its cash wheat lelt-41 that It seven-tenths of an acre of wheat largely control the stand of weeds the first year, gain. figured much-settle8 that grand olt'/,. alibi 01 the to each animal. Counting gain made at 4% cents and that alone may mean the difference between trade that thi8 is mar of grain depre88ing �he , time to lose for a pound, each made an increase in value success and failure. It isn't much steer\ the market is $�.198. or $5.99 f!?r every acre of wheat. ket. In lact Chicago traiZing such an important crop as alfalfa. It fsn't adapted A similar field made 15 bushels of wheat worth right along with Liverpool. ... They are to short rotations here." 25 cents. or $3.75 an acre. But $1 for cutting left having bad crop weather in Canada, the a net return of only $2.75. The calves will be on U. 8. movement 01 whea·t. to market is fall market after a 60 to 90 feed. an early day lighter than lor year8, the Dakota'hold-Ior Your Gate Last Mr. Parcel fenced half of a wheat !It year dollar wheat 810gan is growing. The out Selling field and pastured it until June, plowed the ground, markets are getting more popular. in the fall. The 'look lor better price8 improves. worked it well and sowed wheat ROADSIDEThe July 9, Kansas Farmer told how it pays .other half of the field was harvested, plowed and to use price tags, and display produce in fam to wheat .Worked in the same manner and seeded ily-size packages.