REPORT OP IOWA FARM BUREAU FEDERATION 431 



eral effects must not be lost sight of and in so far as it is practicable the 

 taxes should be so laid as to tend to the distribution of wealth in the 

 hands of the many, and not to its concentration in the hands of the few. 

 Finance — ^^^e ask: 



(a) Proper credit for farmers on twelve and twenty-four months' paper, 

 instead of the short term credit now available. 



(b) The proper authorization for commodity financing based upon ware- 

 house receipts. 



(c) Live Stock financing, based upon a proper pledge. 



(d) Personal rural credits, secured by proper insurance features, and 

 the creating of machinery that will allow cooperative societies to get 

 money direct. 



(e) That the Federal Board direct its policies so that Primary produc- 

 tion may be given the consideration which it merits. 



We ask: 



The appointment of a committee to carefully prepare and present to 

 Congress as the views of our membership a bill which will so amend exist- 

 ing laws as to secure to every American citizen an adequate and proper 

 system of financing which shall be truly national in its character, safe, 

 sound and administered under the direction of an independent and repre- 

 sentative board of directors, representing every phase of our national life, 

 so that Congress shall not only "coin money and regulate the value there- 

 of," but will carry out the true spirit of the constitution by regulating the 

 expansion and reduction of credit, not with a view of private gain, but in 

 such a way as to protect the interest of all our citizens and secure and 

 promote the public welfare. 



PuNic Boards and Commissions — ^We urge that appointments on all 

 boards and committees should be so made that the interests of agricul- 

 ture may be protected and conserved. 



Truth in Fahric — We ask Congress in the interests of public welfare to 

 enact truth-in-fabric legislation. 



Transportation — (a) We object to the carriers being granted more for 

 the short haul than for the long haul in rail freight rates. 



(b) We urge the development of the St. Lawrence Deep Waterway and 

 other inland waterway projects which will make possible water transpor- 

 tation to many of our inland sections. 



(c) We urge Congress to restore full rights to the State Railway Com- 

 missions as they existed prior to the war. 



Pittshurgh Plus — We condemn the Pittsburgh plus principle, which adds 

 a fictitious freight rate to the price of steel and other commodities, and we 

 urge the correction of this abuse. 



Organization Cooperation With Us — We invite all other farm organiza- 

 tions to cooperate with us to the fullest extent in our efforts to safeguard 

 farm interests. 



Arms Reduction — Offering a heartfelt prayer that the peoples of the 

 earth may never again engage in wars or experience the horrors attendant 

 thereto, we pledge to our Govenment and its representativs at the Arms 

 Limitations Conference our utmost support, to the end that armed conflict 

 between nations may be forever abolished from the face of the earth. 



