April 1, 1926 



■|- 



The Illinoig Agricultural A«80ciation RECORD 



i'l:v!;-;JY-rn^-'^!: -j 



Pace 3 



market of wheat, or the first 

 processing in any manner 

 for market of wheat not to 

 miUed. 



(2) In the case of cotton, 

 the term "processing" means 

 the milling for market of 

 cotton, or the first processing 

 in any manner (other than 



■ gihntng) of cotton not so 

 milled. 



(3) In the case of cattle and 

 swine, the term "processing" 

 means slaughter for market. 



(4) The term "person" 

 means individual, partner- 

 ship, corporation, or associa- 

 tion. 



(6) The term "United 

 States," when used in a 

 geographical sense, means 

 continental United States. 



(6) The term "co-opera- 

 tive association" means an 

 association of persons engag- 

 ed in the production of agri- 

 cultural products, as farmers, 

 planters, ranchers, dairymen, 

 ot nut or fruit-growers, or- 

 ganized to carry out any 

 purpose specified in section 1 

 of the Act entitled "An Act 

 to authorize association of 

 producers of agricultural 

 products," approved Febru- 

 ary 18» 1922, whether or not 

 such association is qualified 

 under such Act. 



(b) This Act may be cited 

 as the "Federal Farm Board 

 Act of 1926." 



Revolving Fund and Ap- 

 propriation 



Sec. 17 (a) There is here- 

 by authorized to be appro- 

 priated the sum of $250,* 

 000,000, which shall be ad- 

 ministered by the board and 

 used as a revolving fund, in 

 accordance with the provi- 

 sions of this Act. 



(b) For expenses in the administra- 

 tion of the functions vested in the 

 board by this Act, there is hereby au- 

 thorized to be appropriated the sum of 

 $300,000, to be available to the board 

 for such expenses (including salaries 

 and expenses of the members and the 

 per diem compensation and expenses of 

 members of the council) incurred prior 

 to July 1, 1927. 



Separability of Provisions 



Sec. 18. If any provisions of this Act 

 is declared unconstitutional or the ap- 

 plicability thereof to any person, com- 

 modity, or circumstance is held invalid, 

 the validity of the remainder of the Act 

 and the applicability of such provision 

 to other persons, commodities and cir- 

 cumstances shall not be affected thereby. 



Refund on Exportation 



Sec. 16 (a) Upon the exportation 

 from the United States of any product 

 of a basic agricultural commodity in re- 

 spect of which an equalization fee has 

 been paid, the board shall allow and pay, 

 out of the proper equalization fund, a 

 refund in an amount equal to the 

 amount of such equalization fee prop- 

 erly allocable to such product. 



(b) The board shall prescribe such 

 regulations as may be necessary for de- 

 termining the amount pt such refund, 

 the identity and quantify of such basic 

 agricultural commodity, and the pay- 

 ment i>f such refund to the exporter or 

 to the person to whom the exporter shall 

 in writing order such refund to be paid. 



Relief of Corn Emergency 



Sec. 19 (a) The board is authorized 

 and directed to enter into agreements, 

 under the conditions applicable in the 

 case of a basic agricultural commodity, 

 for the payment of losses arising out 

 of the purchase (as soon as practicable 

 after the enactment of this Act), dry- 

 ing, storage, sale or other disposition, 

 of corn, or products thereof, except 

 that— 



(1) Such losses shall be paid out of, 

 and any profits shall be paid into, the 

 revolving fund: 



(2) No operation period shall be de- 

 clared, and no equalization fee shall be 

 paid or collected; and 



(3) Such agreement shall provide 

 among other things, that corn pur- 

 chased prior to November 1, 1926, shall 

 not be sold in the United States prior 

 to Jahuary 1, 1927. 



(b) So much of the revolving fund 

 as may be necessary, but not exceed- 

 ing ifye sum of $100,000,000 shall be 



Proposed Measure foriRelief of agriculture 



n" 



FtVE MEMBERS FROM EACH DISTRICT ELECTED BY 

 FARM ORG. S. COOP. A<;S'N. IN JOINT CONVENTIONS 

 IN EACH LAND BANK DISTRICT ( Sec . of Agr.- to 

 prescribe regulations ona procedure for elections 

 Mfith ad f ice of Amer Form Bureau, Not. Gron^^_^ 

 arni f'trrmers C/nion) 



I I I I I I I I 



I I I I I II I I I I I I 'I I I I I I I'l I I I I I I I 



FEDERlAL I'ARM ADVISORY COUNCIL - 60 MEMBERS 



I I I I TERM OF OFFICE, I YEAR | | 1 



iO SALAKf BUT nil DI£H flS »'^ CXPtNieS <*««.£ ATTCNOIHC fttTtNCS 



■ill' 



Nominate 3^ 

 indi 'iduals — 

 3 frlom each 

 distt-ict 



L 



(b) 

 Hold regular 

 meetings t-nrtce 

 each year Also 

 special meetings 



(c) 



Nominate to 

 fill vacancies 

 on Board- 



-1» 



Consider question* "^ * 

 and formalat^ 

 recom c?>« nidations on 

 Coopcratuce MarK«.(^.fl. 



'''S'-vc.rj.t.-v-v ■?>-»y,^i-.- 



LIST OF 



NOMINEES 

 36 i ; 



■oa*.-.*..-/* V>i'-----^»-* •* * 



From List of Nominees 



PRESIDENT appoints ( t^ith adyice ana consent ot Senate) 



IE. MeoiDers I from each district 



to const. tute 



^CDERAL FARM BOARD 



Keep This Issue for 

 Future Reference 



T" 



i ij 



1 i 



! t 



FEDERAL FARM BOARD 12 MEMBERS 



OOALIflC. 



ISEC AGR EX OFFICIO MEMBER. I 

 feRn/i or 9fFiCE 6 yfarj ir each bi-*nnium ' 

 I eepin ^ for 2 If ears, ^ for ^ i/ear^^ v for 6 yean J 

 ATiOK ■" '^fUBEHi {-/CirizenofUS (i> Enciuiiwt Semee 



Sec 6. 

 See. 7. 



iec B. 



f b e, d, e, f J /incidental powef^s ff Administration . 



(b.l Authorized to acquire mariret data and mformotior on Cooperative fertcetmj 

 (bj Disseminate information am^ny Cooperotitre ana Farm Orpanizations 

 fbj) Give advice relative to Crop Adjustment. 



GENERAL : 



(a) Appoint Chairman. 



special: 

 (a) Board metH weekly 



CONTROL *"■> DISPOSITION or CROP SURPLUS 

 A.y ^rr^ ^f>^,tMn i up^n oivn initiative ind 

 (a J Kete MViseo j Jj^^^ petition of Cooperative Assoe^at,en\f 



o^ ejcisTENce , oif eifoaAOiu rr oe sueeuus 



(P) jHHtLl fatfliH HecaMncno*Tions ] 



-r,\ ' Xif upon rtte dispasitiom o^ Comm^tf'tifs 



■<. ijy avai/at/e nretaoc/i of Pmancioff 1 



i,H as ro wnen timv n applicable to ottier commedittet 

 (c) m/HtH »OA»o ^mot 



(i) surplus { cottom viliemr, cAfrie o^ smiite). ana 



i^} tnat Coopera*ivf Asiocai'ons tit airt .n favor of oprf-ai'O^ 



1 



rr SHALL oecLAKC OPCiUTiOM ee^ioo 

 l^) evKiM^ eeenATioM ecjtioo aojuto small assist //» ^eitovn'^ sukei 



COOreitArivt iLUOCJArioi^S . O* **iri, 



eKocessoK* , ok 



or net Acencies /#» • 'imoe or 



0r bS-AL'^C tv'^m 



Farmers Are 1-3 of U. S. 

 Population; We Own I-S of 

 U. S. Capital, But We Get 

 Only 1-7 oiF National Income. 

 That'a Why We Are Fichtinc 

 for Equakly for Agriculture. 



Ce) SHALL nor fiiseeiMinAre Berrveen associatioma 



't 



I 



f OPERATior^ 



Me vocvino ri/nc 



COUALLZATION 

 FEE 



available for carrying out the pronsions 

 of subdivision (a). 



(c) On and after the tenth da.v after 

 t1ie date vf the enactment of thic Act 

 and until the expiration of one >'ear 

 from such date it shall be unlawful to 

 import into the United Staus any ar 

 ticie included in paragraph 724 of the 

 Tariff Act of 1922. 



V»'HEAT I COTTON I SwiNE 



AA VMtMT Of Lossrs *^P exr£Msrj 



Sec. S. PURPOSES : 



FKOOVCTS TO SUSTAIN LOSSCS AMD CXPCMStS HATABUY 

 '., TO PHCVtNT OlSCKIMIMATIOn AOAIMST , 



-7 ' * unoue itesreAinT ueon^ oa — -— ^- fokci6h HAtiofft 



a m SiiPAKrssioiv or cofineece viiru-^ 



CATTuE I 



Thb Moiitooiiimy Coukty Farm Burkau 

 is in the oil business. A famww" companr 

 wu Btart«l at Raymond March 1 with tS.MM 

 salMcribed for preferred stock «t »r.O a ah«r«. 

 which is t* b«ir T p«- cent inu-rest. A» 

 soon aa profits of the Company warrant, it 

 is to b« taken up at 5 per cent premium. 



Kvery farm bureau mcfnb^r is to rrceiwe 

 a share of common stock which rnttt)«B hifli 

 to dividend* in proportion to the amount 

 of busineu done by his own company. , Oil 

 tmcks are betnsr maintained to deliver m**. 

 kerosene and lubricatins oil. The net profit 

 for the flr»t two weeks was $115. 



3€c. to. 



Jec. /J. 



Sec. fS. 

 Sec /6. 

 Sec. 17. 



5cc /e. 



</*/- Of^ ^tfODUCvT. 



OETCRMtNATION 



30A»0 SMALL £.iriMAT£ Rt^OOABLg LOASCS AND £X^if^S£-i TO B£ ^AiO fff ^^effATtON ^r-'-^d . 

 SffAU 0€T€RMIf<£ ANO PuBLiiH AMOUNT ro St PAID fOU CACM " 



PAYMENT 

 Ca } coLL€creo at' PROCESS mo potnT as Pffesctti8£0 ar »oahp 



i^} BOAnO MAY Jf£QV/^£ FILING Of R£TuRNS Br PHOCSiSOA 

 (C) PSMALTr POA. ¥i^LATlON 



MISCELLANEOUS 



EQUALIZATION FUND 



AUDIT or BOOKS aho ACCOUNTS o* FEDERAL FARM BOARD 



COOPERATION wmi t»» EXECUTIVE DEPARTMENTS 



OEFfNITIONS 



REFUND o« EXPORTATION 



APPROPRIATION or $ 300,000 ^«« SALARIES, ETC., or thi BOARI 



SEPARABILITY or PROVISIONS 



Tus omcE or the Sangamon C#ukty 

 Farm Bureau has been moved into the tlOO.- 

 000 boildinc and ptant of the rro4urera 

 Dairr Company, which was formed hr>- the 

 Sprinicfield Mtik Produrers As»oriatH>n. 

 sponsored by the Farm Bureau. The butM- 

 inc occupied by the Farm Bureau ^'Is 40'xl4*'. 

 A space 40'xS0' is used for ofRoca an4 aeeu 

 Kermination. with 40'xdO' apace for stonure. 



MeuBCits or thk Farm Bukeau who want 

 ta buy daif)' cows to replace reactor* or 

 build up their herds can ret informatloa as 

 to where to buy them throuirh their own 

 Farm Bureau. It is obtained by the dftiry 

 marketins department of Um L 

 passed on. 



M L A. A.< 



' T 



IN ttAVINQ 1 



Farm feuiFAi'j; iNrEKr»*TT:o I 

 year's I. A. A. picnic will h« inten-stMl In 

 knowing that the executive curomittac ex- 

 pects to decide on its location Ax>rfl %, 



T' 



