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Resolutions Hdopted 

 at Decatur 



We reaffirm our faith in the estab- 

 lished order of our Government and in 

 the ideals upon which Government is 

 founded, with only such modifications 

 and changes in its organic laws as ex- 

 perience and mature judgment disclose 

 as necessary to pressrvo its institutions, 

 its established political and economic 

 liberties and to secure and maintain 

 proper economic balance and social jus- 

 tice as between all groups and classes. 



The recent decision of the Supreme 

 Court invalidating much of the Agricul- 

 tural Adjustment Act again brings the 

 ianiiers of the nation face to face with 

 their commodity surplus problem with 

 which they have been confronted for 

 many years. 



Study and experience both before and 

 after the enactment of the Agricultural 

 Adjustment Act have fully convinced 

 farmers of the imperative need for such 

 legislation and administrative machinery 

 as is necessary to adjust the supply of 

 farm products to the demands of mar- 

 kets. .,:... ,._.,. . .,, .,.. 



We have not and do not advocate any 

 economy of scarcity. 



We emphatically assert, however, that 

 so long as American industry, through 

 corporate understandings or otherwise, 

 maintains price levels through and by 

 the adjustment of production to demand 

 and so long as American labor maintains 

 its wage standards through controlling 

 supply of available labor that farmers 

 must be provided with the necessary 

 functions of Government that are neces- 

 .sary to reasonably assure balance in the 

 price levels of farm products with the 

 price leve'.s of other industry and the 

 standard of wages of the United States. 



Brief experience of only two years of 

 the operation of the .Agricultural Ad- 

 justment Act has proven both the sound- 

 ness and the effectiveness of this busi- 

 ness principle operating in agriculture. 

 A caaeful study of the economic inter- 

 relationship of industry and labor with 

 ngriculture clearly discloses that the 

 general welfare of the United States is 

 best served by the maintenance of fair 

 and stable price levels for farm products. 



The right of the American farmer to 

 receive for his products prices which will 



THE RESOLUTIONS COMMIHEE WORKED 

 far into the night to complete their report tor 

 the session Friday morning. Left around the 

 table are; President Smith, C. E. Bamborough. 

 Eugene Curtis, Samuel Sorrells, Ernest D. Law- 

 rence, C. A. Hughes, Talmage OeFrees, chair- 

 man, R. C. Downing, Harvey Adair, E. E. 

 Houghtby and A. O. Eckert. 



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give him average purchasing power in 

 line with the prevailing price levels of 

 industry and labor cannot be questioned. 



We, therefore, urge and give our as- 

 surance of support to such legislation as 

 is necessary to provide: (1) an exten- 

 sive program of soil conservation to be 

 so administered as to assist farmers in 

 adjusting production to the total de- 

 mands of markets; (2) aggressive pro- 

 gram to expand domestic and foreign 

 markets for farm commodity surpluses 

 and, if necessary, the use of a sub.stan- 

 lial portion of import revenues to as- 

 sist in removing from the domestic mar- 

 ket recurring seasonal surpluses; and 

 (3) the expansion and practical applica- 

 tion of farm commodity loans based upon 

 farm warehouse receipts or otherwise. 



It is believed that as soon as feasible 

 these policies should be authorized, de- 

 veloped by and administered under the 

 general supervision of the Federal Gov- 

 ernment after approval by and through 

 the cooperation of the respective states 

 and associations of producers within each 

 state. 



The delegates assembled in the 21st 



FEBRUARY, 19.S6 



S7 



