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I- II 



THE 1. A. A. RECORD 



Page Seven 





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The daily farm program of the 1. A. A. from 

 Station WJJD, Mooseheart (2S4 meters) is 

 broadcast between 12:30-12:45 p. m. Monday 

 to Friday inclusive. Hear the daily Chicago 

 livestock market from the Producers, and each 

 Friday the weekly market review. Outlook 

 reports, reviews, and talks by I. A. A. staff 

 members, officials, and leaders in farm 

 thought are broadcast daily. 



Negotiations are under way to broad- 

 cast several of the feature talks at the 

 I. A. A. Convention, Danville, Jan. 

 30-31 over Station WLS. Raising of 

 funds to pay the heavy charges imposed 

 by the utility company for the use of its 

 lines is the chief obstacle. The execu- 

 tive committee voted to appropriate a 

 limited sum for this purpose provided 

 the balance can be raised from other 

 sources. If pending arrangements can 

 be consummated, an announcement will 

 be made over the radio and in the press 

 so members may tune in and hear the 

 program. 



UNIVERSITY OF ILLINOIS 

 GLEE CLUB TO ENTERTAIN 



The University of Illinois Glee Club 

 which normally includes around 100 

 voices will provide 

 the entertainment on 

 Jan. 30, the opening 

 day of the I. A. A. 

 Convention, Dan- 

 ville, announces Otis 

 Kercher, chairman 

 of the local commit- 

 tee on arrangements. 

 The University sing- 

 ers will appear at 

 the evening banquet 

 in addition to provid- 

 ing music during the 

 day's program. 

 The Schoenbech 

 Orchestra has been engaged to play at 

 the banquet on Wednesday night and 

 at the luncheon the following day. 



"We also intend to have a class of 

 local dancing girls and a slight-of-hand 

 performer as part of our entertainment 

 features," writes Kercher. 



Otia Kercher 



Lawrence Farlow, secretary of the 

 Illinois Farmers Grain Dealers' Asso- 

 ciation will speak on the I. A. A. 

 radio program at 12:30 on Tuesday, 

 Jan. 22. Mr. Farlow will discuss the 

 high points of the Association's com- 

 ing meeting at Joliet on February 5- 

 6-7. 



F. S. Betz, Chicago, editor of the 

 Farmers' Elevator Guide, is scheduled 

 for an address on "Farmers and Big 

 Business," from Station WJJD, 12:30 

 p. m., Wednesday, Jan. 30. Ernest V. 

 Maltby, manager of the Rural Grain 

 Co., will discuss co-operative grain 

 marketing the following day. 



LUNCHEON SPEAKER 



HON. LOUIS L. EMMERSON 



LOUIS L. EMMERSON, governor of 

 ■^ Illinois, has accepted an invitation 

 to deliver a short address at the an- 

 nual luncheon on Thursday, January 

 31. 



Mr. Emmerson is well known to a 

 host of I. A. A. members. He has had 

 a long and successful career in public 

 life. Mr. Emmerson was born at 

 Albion, in Edwards county in 1863. He 

 entered the mercantile business in Mt. 

 Vernon at the age of 20. He served 

 successfully in minor public offices 

 and in 1916 was elected Secretary of 

 State. He served most efficiently in 

 that capacity until his recent election 

 as governor. 



Tax Reform 



(Continued from page 3) 

 tention. The Pure Milk Association of 

 Chicago, in a letter from its secretary, 

 H. C. Vial, advises that the Association 

 has officially recorded itself in favor of 

 legislation forbidding the use of butter 

 in making ice cream and of raising the 

 minimum butterfat content of ice 

 cream from eight to 12 per cent. 

 Legislation embodying these ideas was 

 bitterly contested in the 55th General 

 Assembly with butter manufacturers 

 objecting strenuously to any move that 

 promises to curtail their outlet or 

 source of cream supply. The I. A. A. 

 will study this question thoroughly 

 since its own constituents are not fully 

 agreed on the advisability of such a 

 measure. 



Non-Party Approach 

 The state is so committed to a pro- 

 gram of tuberculosis eradication that 

 an appropriation providing for this 

 work in the coming biennium should 

 go through without opposition. The 

 I. A. A. will resume its interest fn all 

 legfislation, and opposition to any bills 

 harmful to agriculture or designed to 

 increase the tax burden on farms. The 

 non-party approach in line with the 

 Association's long-standing policy will 

 be strictly adhered to as in the past. 



Again The Farmer 



By 



Omar H. Wright, Belvidere, President, 

 Illinois Bankers Association 



'T^O those of us who have passed our 

 -*- active business lives in agricultural 

 communities; who have had uninter- 

 rupted dealings 

 with farmers dur- 

 ing that period ; 

 who have made 

 loans upon and 

 who own farm 

 lands ; it seems evi- 

 dent that the farm- 

 ers' financial prob- 

 lems at this time 

 are more difficult 

 than they have 

 ever been. 



We are now 

 reaping the results 

 of the shaking out 



O. H. Wright 



process and there is upon us the real 

 aftermath of extremely poor crop 

 yields and partial crop failures during 

 the years of '26 and '27. 



It is yet too soon to receive any of 

 the benefits of grenerally good crop 

 yields this past season. 



Dean Mumford summed up the situ- 

 ation at Champaign in November when 

 he told the Bankers-farm-school that 

 during the past five or six years the 

 fanner who had accumulated a reserve 

 for a rainy day had been drawing ui>on 

 his surplus steadily and that unless 

 conditions soon changed he would be 

 unable to get back on his feet and be 

 able to farm at a profit when the op- 

 portunity came to him. 



The other day 80 acres of our black 

 soil farm land in this garden spot of 

 northern Illinois (all plow land — no 

 buildings) sold for $40 per acre. It is 

 doubtful if such a price has been 

 equalled in this territory in 40 years. 



Recently one of the Federal Land 

 banks, which has loaned liberally in 

 this section of the state, advised its 

 loan agent that its loan limit was now 

 |50 per acre on a farm upon which it 

 offered to loan $75 per acre a year ago. 

 In some instances previously it has 

 gone as high as $90 per acre and num- 

 bers of our farmers have been increas- 

 ing their mortgages when possible. 



Fortunately for us all, however, the 

 leadership of such intelligent, able and 

 well posted men on agriculture as For- 

 mer Governor Lowden has brought 

 home to both political parties the real 

 seriousness of the situation and our 

 President-elect has pledged himself to 

 do everything possible to aid in solving 

 this problem. 



It may well be questioned, however, 

 if additional loans will not be detri- 

 mental rather than beneficial. Many of 

 the present ills of the farmer can be 

 traced to his former ability to too easily 

 exercise his credit which once was 

 AA-I-. 



In any event it behooves every 

 Banker in Illinois to get behind any 

 constructive, carefully considered plan 

 which may be proposed and help. 



It will take Federal legrislation to do 

 it. — Illinois Bankers' Bulletin. 



