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lllinoisAgriculturaJAssocialion 



April 1, 1923 



Number 2 



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ILLINOIS "CO-OP' 



FARM CREDIT ACT 

 PASSED; PROVIDES 

 DETTERFINANCING 



Maximum Land Bank Loan 

 Now $25,000; Market- 

 ing to he Aided 



American organized agricul- 

 ture secured one of its greatest 

 accomplishments for the farm 

 industry of the country when, 

 on the last day of its session, 

 Congress passed the Agricultur- 

 al Credits Act, meeting a need 

 which has heen felt for fifty 

 years and providing for the 

 near future more adequate 

 credit facilitios than the fanner 

 has ever had before in history. 



Not only has the maximum Fed- 

 eral Land Bank loan been In- 

 creased from 110,000 to t25,«00 

 but other proTlsions of the act, 

 which is a composite of several 

 bills, insure better financing. 



The American Farm Bureau 

 Federation and the I. A. A. hare 

 always seen the need for such leg- 

 islation and have been urging it 

 for more than a year. 



Wallace Statement 



U. S. Secretary of Agriculture 

 Henry C. Wallace recently issued 

 the following statement in expla- 

 nation of the workings of the new 

 act: 



"The act la divided into two 

 parts. In the first. It provides 

 government agencies for handling 

 agricultural loans. In the second 

 it authorizes the organization of 

 private agencies under government 

 supervision for making loans on 

 live-stock security and on farm 

 commodities on the way to market. 



"The government loan activities 

 will be carried on in connection 

 with the Federal land banks. At 

 the present time the country is 

 divided into twelve districts, and 

 in each of these districts there is 

 a Federal land bank which makes 

 (Tom to Pa«e Two) 



/. A. A. Executive 

 Committee Meets 

 In Springfield 



The Executive Committee of the 

 I. A. A. held its last meeting in 

 Springfield on March 20. The 

 meeting was planned for Spring- 

 field in order that the members of 

 the committee might study the leg- 

 islation backed by the I. A. A. and 

 county farm bureaus during the 

 present session of the legislature. 



Transportation 

 Next Farm Issue 

 Before Congress 



Senator Arthur Capper, chairman 

 of the Farm Bloc, In an interview 

 given out after the passage of the 

 Farm Credits Act, stated that agri- 

 isulluii! traiinportat! in -ntull be a 

 big issue before the next Congress. 



'The farmer will not have all the 

 relief to which he Is entitled until 

 freight rates, now too high, come 

 down," be says. 



Conferences of 

 Advisers Set 

 For Apr. 2-12 



1,000 In Meeting 

 At St. Paul To 

 Discuss Prices 



Orderly marketing of farm prod- 

 ucts through well-directed organiza- 

 tions and Immediate congressional 

 action to stabilize prices of crops 

 on a basis of cost of production 

 were indorsed by delegates attend- 

 I Ing the recent Northwest Agricul- 

 \ tural Price Stabilization conference 

 d m at. Paul, Minn. More than 1,000 

 U farmers and business men of 12 

 1 states were present. The I. A. A. 

 ■was represented at the meetingj^^ 



The spring series of Illinois farm 

 advisers' conferences have been 

 announced by the Extension Ser 

 vice of the College of Agriculture 

 of the State University as follows: 



Southern Illinois Group: Cen- 

 tralia, April 2 and S. 



Northern niinois Group: Chicago, 

 April 4 and 5. 



Central Illinois Group: Decatur, 

 April 9 and 10. 



Northwestern niiaois Oraup: 

 Galesburg, April 11 and 12. 



LET'S JOIN THE PARADE! 



BILL BEFORE LEGISLATORE 



FARMER MARKETING 

 IIP TO LEGISUTURE 

 IN PROPOSED BILL 



Measure To Allow Agriculture 



Voice 01 6rain Exchanges 



Also Introduced 



April IS Date 

 of Next Issue 

 of The Record 



This is the second Isstre of the 

 I. A. A. Record. It was announced 

 in the first issue that a second 

 would follow on March 15. The de- 

 lay to April 1 came about as the 

 result of the failure of a three 

 months' supply of paper stock, or- 

 dered Feb. 10 and promised for 

 March 1, to appear before March 

 16. 



It is planned hereafter to Issue 

 The Record regularly on the first 

 and fifteenth of each month. Many 

 changes are being made in tl^e 

 mailing list, however, as the result 

 of recent membership campaigns) 

 and it is possible that mistakes 

 may be made. If you are a mem- 

 ber of the I. A. A. and don't re- 

 ceive The Record, get in touch with 

 the- News Publicity Department: it 

 is your paper. 



YOUR HIRED MAN! 



Of course yeu know what 

 your hired man on the farm 

 can do — ^yeu put him ts work 

 where he can help most. 

 But— 



How about your hired men 

 In Chicago, the various de- 

 partments of the I. A. A.7 

 What can they do for you? 

 How can you best put them 

 to work for you 7 



The I. A. A. Record will 

 •tart In the next issue with 

 a series of articles which will 

 cover every department In 

 the association, telling how 

 It can serve you. This issue 

 Is beginning a run of articles 

 to tell the story of the various 

 co-operative associations In 

 Illinois. ' 



Watch for these articles — 

 they'll be in every Issue. 



Farmer of Lee 

 County Also Is 

 Rert Cartoonist 



The cartoon in this issue of The 

 Record w. ; drawn by Herbert Con- 

 ner, a ri -mar "dirt fanner," secre- 

 tary of itie Lee County Farm Bu- 

 reau, Mr. Conner does kis cartoons 

 at homt .lights on {he dining room 

 table, after finishing his day's work. 

 He Is one of the strongest farm 

 bureau boosters In the State and 

 puts into his cartoons the gospel 

 of farmer organization which he 

 practices. The Record will publish 

 more of his work. 



"CO-OPS" AT YARDS 

 TOPPING THE UST 



Five of the seven commlssioD 

 comi>anies operating under the aus- 

 pices of the National Live Stock 

 Producers' Association stood in 

 first place in volume of business, 

 handled In their respective markets 

 during a recent week. 



Companies holding first place 

 and the cars handled were: Chi- 

 cago, 310; St Louis, 188; Indian- 

 apolis, 173; Buffalo, 170; Peoria, 40. 



The Producers opened at the 



Kansas City yards on March 5 and 

 netted a total of 20 cars as tlieir 

 first week's business. 



Handling an average of over 2S 

 per cent of the weekly iharket re- 

 ceipts, the Indianapolis Producers 

 have stood at first place in that 

 market each week since January 1. 

 Their first ten weeks' business of 

 1923 was 2,055 cars. 



Both the Chicago and Peeria 

 Producers have stood at first place 

 eight out of the ten weeks in their 

 respective yards. The volume of 

 business of the Chicago Producers 

 was 3,082 cars, while Peoria netted 

 464 cars. 



The St Louis Producers have 

 handled 1,766 cars since the begin- 

 ning of 1923, having stood either 

 first or second each ifsek among 

 the companies at that market 



The Buffalo Producers bandied 

 1,271 cars during the ten weeks. 

 No figures are on hand tor the Ft 

 Worth market 



Two bills of great importance 

 to organized fanaers are up for 

 consideration at this session of 

 the Illinois Legfclature; Their 

 passage v^U do much to safe- 

 {Tuanl the; interests of producers 

 all over tke state. 



These are the CtxiperaUv^j Mar- 

 keting Actand the bill designed to 

 allow admission to membership in 

 Boards of Trade of farmers' argaa- 

 l»;.t'aujr , — ~ - *■ . ■ — 



M»rk«ang Act 



The Cooperative MarkeUng Act 

 if passed, will permit farmers to 

 pool and tnarket their products 

 without fear that tke action will be 

 considered a cembination In re- 

 straint of trade. Almost identical 

 acts, fostered by the Farm Bureau, 

 have already passed in Texas, Mis- 

 sissippi, South Caiolina, Virglala. 

 South Dakota, Arisoaa, Arkaaaas, 

 AlatHuna, Jfortb Carolina, Kanaas, 

 Idaho, Tenaessee, Louisiana, Geor- 

 gia, Kenttcky, North Daktita, 

 Washington, Montana, and eolo- 

 rado. 



The bill has passed the House In 

 Missouri, has been reponed favor- 

 abl]» hi Minnesota, and is making 

 satisfactory progress in Ohio. It 

 failed in InUiana due to Oovempr 

 HcCray'B veto, after passing the 

 Senate 43 tf> 0, and the House 74 

 to 11. 



ProkiakMM of Ac* 



The act a«thorizeS the formation 

 of non-profit, co-operative associa- 

 tions, with or without capital sto** 

 for the purptwe of eooouraglng'£e~ 

 orderly mailketing of agricultural 

 products thvough co-operation. It 

 aims "to make the distribution of 

 agricultural products between pro- 

 ducer and oonsumer as direct as 



(Turn to Pas^ Pour) 



Four Advisory 

 Committees Meet 

 To Shape Work 



% 



Meetings of the Phosphate-Lime- 

 stone, Organlaation-PubUcity, Qalry 

 .Marketing aad Live Stock Market- 

 ing advisory icommittoes have been 

 held duriog the past month. 



These .meetings were for the par- 

 pose of shaping a program of wot% 

 to be pursued by the various de- 

 partments with the counsel of ti» 

 members of the committee. 



