390 TWENTY-SECOND ANNUAL YEAR BOOK— PART V 



tagious disease, and thus prevent blackmailing of farmers by owners of 

 rendering plants. (Chap. 99, Laws of 39th G. A.) 



(5) Provision for bonded warehouses. (Chap. 119, Laws of 39th G. A.) 



(6) Cooperative Associations. (Chap. 122, Laws of 39th G. A.) 



(7) Exception to statute providing for limitation of indebtedness of 

 corporations, and making possible mobilization of agricultural credit. 

 (Chap. 131, Laws of 39th G. A.) 



(8) Provision for investment by state banks and trust companies in 

 capital of corporations organized to extend agricultural credit. (Chap. 

 157, Laws of 39th G. A.) 



(9) Same as to savings banks. (Chap. 161, Laws of 39th G. A.) 



(10) Hog cholera serum law. (Chap. 170, Laws of 39th G. A.) 



(11) To permit collective bargaining. (Chap. 176, Laws of 39th G. A.) 



(12) To provide for collection of crop and livestock statistics. (Chap. 

 178, Laws of 39th G. A.) 



(13) Assisted in preparation and passage of Blue Sky Law. (Chap. 189, 

 Laws of 39th G. A.) 



(14) Pure seed law. (Chap. 236, Laws of 39th G. A.) 



II. Taxation. The committee consisted of F. D. Steen, Davenport, 

 Charles Cessna, Grinnell, and D. W. Mott, Hampton. 



A feature of the taxation problem exists in the appointment of a Tax 

 Committee by the last General Assembly consisting of four senators and 

 four representatives. The questions of land valuation were presented 

 to this committee and a favorable hearing given. 



CREDIT 



In accordance with recommendations adopted by the delegates to the 

 annual convention in January 1921, the plan for a farm crediting system 

 to be established in connection with the present banking system of the 

 state was put into effect. Permissive legislation was enacted and such an 

 institution is now being organized. 



TRANSPORTATION PROBLEMS 



Forty-six transportation "and railroad service complaints were entered. 



These were handled before the Railroad Commission or taken up direct 



with the railroads with the results that twenty-two were fully adjusted. 



Ten are now pending and fourteen on which no adjustment could be had. 



COST OF PRODUCTION COMMITTEE 



The cost of production work as directed by the committee, consisting of 

 Ray Redfem, Fred McCulloch, George Koch, and J. H. Schroeder, and 

 authorized by the program of work adopted has been carried through the 

 year, one project in Marshall County under direct management of Mr. 

 Warwick, and one in Shelby County under Mr. Whitson. The system as 

 carried out under supervision of E. G. Nourse of the Agricultural Eco- 

 nomics Department is recognized as the standard for accurate cost of 

 production and operation of farm units in this State. The value of this 

 work will become more apparent as the work of the ensuing years become 

 available. It has paid returns upon the investment many times over 

 through its use in the Grain Rate case before the Interstate Commerce 

 Commission. The total cost of this project for 1921 was $6,811.99. 



