V 



THE I. A. A. RECORD 



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Discuss Pledges of Major 

 Parties at 17th I. A. A. 



Dist. Conference 



Geo. J. Stoll Outlines Policy of Associ- 

 ation on Political Matters 



THE Democratic and Republican 

 farm planks adopted at Houston 

 and Kansas City respectively figured 

 prominently in the discussion at the 

 I. A. A. district conference at Pontiac 

 on June 29 when 150 members from 

 the 17th district assembled. 



George Stoll of Chestnut who repre- 

 sents the district on the I. A. A. Exec- 

 utive Committee called the meeting to 

 order. When urged to seek an active 

 stand on the part of the I. A. A. in 

 the coming election, Mr. Stoll replied 

 that he considered the stand of the 

 Association already known. 



"The policy of the Association is 

 to make known the records of the po- 

 litical parties and candidates and let 

 each member know by such records 

 which candidate is most favorable to 

 agriculture," he said. 



"The simple publication of the party 

 platforms on agriculture, and the ut- 

 terances of the candidates themselves, 

 he said, should be enough. Every 

 member of the Association knows what 

 our stand has been in the past. There 

 is no indication that that stand will be 

 changed." 



Why Change Policy 



George Potter of Graymont suggest- 

 ed that the I. A. A. should do as is al- « 

 ways done — publish the information 

 for the members and let them decide 

 how they will vote. E. D. Lawrence 

 of Bloomington said he would like to 

 see the Association insist upon its po- 

 sition just as strongly as it always had 

 done. Several speakers thought the 

 Association should campaign actively 

 for the Democratic ticket because the 

 Democratic platform was most favor- 

 able to agriculture. Others cautioned 

 against the Association telling its 

 members how to vote. 



Co-operative marketing, buying, and 

 the coming I. A. A. picnic at Bloom- 

 ington on August 31 were- considered. 

 Lawrence Farlow of the State Farmers 

 Grain Dealers Association discussed 

 farmers' elevators and their place in a 

 grain marketing system. 



Why Co-operative Buying 



L. T. Skeffington of the I. A. A. 

 Livestock Marketing Department told 

 of the Producer movement and what 

 farmers can gain by complete co-oper- 

 ation in selling their livestock. 



Frank Gougler, director of Produce 

 Marketing, told what farmers' cream 

 pools, and co-operative creameries 

 were doing to improve the quality of 

 cream, and get for their members a 

 better price. E. D. Lawrence called 



Sam Thompson On Democratic 

 Plank 



(Statement yiven newspapers and press aS' 

 sociations) 



PRINCIPLES of 

 agricultural re- 

 lief embodied in 

 the farm plank of 

 the Democratic 

 platform were in- 

 dorsed today by 

 Sam H. Thompson, 

 president of the 

 American F a r ni 

 Bureau Federation, 

 who announced his 

 organization would 

 support the plank 

 on which Al Smith 

 will oppose Herbert 



S. H. Thompson 



Hoover for the presidency. 



"The agricultural plank in the Demo- 

 cratic platform completely covers the 

 fundamental principles we advocated," 

 Thompson said. "It outlines a perma 

 nent agricultural policy of the type that 

 will place agriculture on an economic 

 basis equivalent to that of industry, 

 labor, transportation and finance in the 

 American protective system." 



When asked if his group would ac- 

 tively support the Democratic candidate 

 for President, Thompson replied. 

 "Under the federation's constitution we 

 are prohibited from partisan political 

 activity. I may say, however, that the 

 federation will continue to advocate the 

 principles indorsed by the Democratic 

 platform and do everything in its 

 power to obtain a permanent policy 

 which will give agriculture the bargain- 

 ing power necessary to stabilize the 

 industry." 



attention to the fact that farmers' dif- 

 ficulties were brought about to some 

 extent by the high prices they were 

 forced to pay. Co-operative buying, 

 he said, is a legfitimate part of the 

 Farm Bureau program because it seeks 

 to make the farmer's dollar go farthe*. 



Bankers Stand By 



I. A. A. Farm Policy 



At Recent Meeting 



Renew Confidence in Leadership and 

 Pledge Further Co-operation 



THE thirty-eighth annual conyen- 

 tion of the Illinois Bankers' As- 

 sociation, Rock Island, June 22, re- 

 newed its previous 

 expressions of con- 

 fidence in the agri- 

 cultural policy of 

 the Illinois Agri- 

 cultural Associa- 

 tion, and pledged 

 its continued co- 

 operation in bring- 

 ing about g^reater 

 stabilization of the 

 farm industry. 



Omar H. Wright 

 of Belvidere was 



tinger was unanimously chosen again 

 as secretary. 



The resolution on agriculture fol- 

 lows : 



Agriculture ' j - 



"Serious and adverse economic con- 

 ditions continue to confront agricul- 

 ture. The best hope for the solution 

 of the problem is the fact that it now 

 occupies the center of public interest 

 and commands the serious study and 

 intelligent thought of our best minds. 



"In the front rank of those repre- 

 sentative bodies which are striving for 

 the adoption of a constructive na- 

 tional policy is our sister organization, 

 the Illinois Agricultural Association. 

 We renew our expressions of confi- 

 dence in its capable leadership and 

 again charge the officers of our As- 

 sociation with the responsibility of 

 maintaining the closest possible co- 

 operation with the Illinois Agricultural 

 Association in its endeavor to give to 

 agriculture an assured place along with 

 industry, commerce, transportation 

 and finance, in our national Economy." 



On the subject of taxation the fol- 

 lowing resolution was passed; 



Taxation 



"While we are gratified at the con- 

 tinuing reduction of federal taxes, we 

 find that state and local taxes are an 

 ever increasing factor in the expense 

 accounts of our banking institutions. 

 The item of taxes alone, in many in- 

 stances, is accountable for the diflfer- 

 ence between a profit and a loss in a 

 bank's operation. 



Our present system of taxation in 

 Illinois is generally conceded to be in- 

 adequate and out-of-date. We realize 

 that the day has passed when most of 

 our wealth was tangible and when the 

 general property tax therefore fell up- 

 on the citizens in accordance with their 

 ability to pay. | i I "i 



Much Property Escapes 



With the vast increase of intangible 

 wealth, a large amount of property 

 escapes taxation. Economically speak- 

 ing, bank shares are classed with 

 money, notes, bonds, and the like, as 

 intangibles, but for taxation purposes 

 they are unfortunately most tangible. 

 With real esUte, bank shares bear an 

 unjust proportion of taxation. 



This is a subject which looms larger 

 and larger as a menace to our whole 

 economic structure. The recent union 

 of nine state-wide organizations, of 

 which our own Association is one, in 

 a co-operative movement to effect re- 

 lief, is a move in the right direction. 



Omar H. Wri(ht 



elected president, Lyon Karr of We- 

 nona, vice president, and M. A. Graet- 



THE Illinois SUte Horticultural Society wi.I 

 hold iU summer meeting and tour in the 

 Centralia district. July 19 and 20. 



Reservations should be made with Frank 

 Welehl sccreUry of the Centralia Chamber of 

 Commerce. t* 1 ' 



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