Record Crowd 

 Attends Farm 



V/^W^HE Secretary of Agriculture 

 ^*~y^ never heard of a company 

 ^J before that made 377 per 

 cent interest on the investment. Yet 

 this is the phenominal record chalked 

 up by Illinois Farm Supply Gampany 

 in its 13th year. In addressing a rec- 

 ord attendance of some 1200 Farm 

 Bureau leaders and delegates at the 

 annual meeting of the company in 

 the Pere Marquette Hotel, October 

 18, the Secretary said: "I'm not go- 

 ing to tell you how good you are. 

 You have probably thought about that 

 a good many times before. Your 

 377 per cent interest earning is proof 

 enough, if any is needed." Then the 

 Secretary touched on many subjects, 

 including a tribute to Earl C. Smith, 

 lAA president, as "the best business 

 man among all the farm leaders of 

 the United States." 



Secretary Wallace lauded Illinois 

 farmers for developing efficiency in 

 their business enterprises as well as in 

 production. You are demonstrating 

 that savings can be made in technolog- 

 ical improvements and in farming, he 

 said. Because hybrid corn, better tillage 

 and soil improvement bring bigger 

 crops is no reason for abandoning ef- 

 ficient methods. Farmers must make 

 adjustments to these improvements that 

 keep down production costs. 



Two years' experience with the same 

 AAA program, he added, have been 

 successful, and we anticipate little 

 change next year. "We are a whole 

 lot closer to having a permanent pro- 

 gram now than we had 3V^ years ago 



AT THE FABM SUPPLY MEETING 

 Left to right. L. R. Marchant, Fred Heradon, Earl C. Smith. Secretary o< Agriculture 

 Henry A. Wallace. 



when the Supreme Gjurt knocked out 

 the old AAA. If we back up the 

 ever-normal granary we will have more 

 cash for the home and more time to 

 go fishing." 



The Secretary expressed the view 

 that this country must get ready for 

 the time when there will be less oil. 

 "I don't know that corn will be a 

 source of fuel," he said. "It may not 

 be the cheapest source. There are 

 p>ossibilitie$ that a two-price system may 

 be worked out — a lower price for the 

 surplus which can be converted into 

 industrial products, and a higher price 

 for that part moving through regular 

 channels." 



Denmark, Norway, Sweden and Fin- 

 land, in Secretary Wallace's opinion 

 have built a better democracy than we 

 have, "but with more experience this 

 country may do as well. It may be 

 that the totalitarians will sweep away 

 all countries except the American de- 

 mocracies. It may be our destiny to 

 survive and help the world pick up 

 the pieces." 



Wallace closed his talk with a com- 

 pliment to the leadership of the Amer- 

 ican Farm Bureau Federation in build- 

 ing a sense of unity between agricul- 



ture in the south and the middle west. 

 "If the day comes when western agri- 

 culture is split off from the south, that 

 will be a catastrophe. The corn farm- 

 ers must learn to work with cotton 

 farmers, the wheat farmers with fruit 

 and vegetable growers and the cattle 

 raisers with the feeders. It is the only 

 way agriculture can solve its problems." 



Earlier in the day the Secretary laid 

 the cornerstone for the new govern- 

 ment laboratory in Peoria. 



Among the guests who attended the 

 Farm Supply meeting with Wallace 

 were Dean W. C. Coffey, Minnesota 

 College of Agriculture; Dr. W. L. 

 Burlison, Prof. J. C. Spitler, Dr. W. 

 E. Carroll, University of Illinois; State 

 Director of Agriculture Lloyd and As- 

 sistant Director DeBord ; H. G. Atwood, 

 chairman of Allied Mills; and L. J. 

 Fletcher of Caterpillar Tractor. 



The annual reports delivered by 

 President Fred Herndon, and Manager 

 Lloyd Marchant of Illinois Farm Sup- 

 ply revealed new high records with 

 net sales of $13,793,000, and patronage 

 dividends paid by county service com- 

 panies of $1,478,458.16. These com- 

 panies had a capital stock investment 

 of $1,418,828.92 and accumulated sur- 



SPICY MUSIC BY THE SWINGSTEHS 

 was sandwiched in between the reports 

 and speeches. 



TWO NEW DIRECTOHS ELECTED 

 Jesse Beery. Cerro Gordo, left, greets 

 John P. White. Washington. . , 



jI 



EVEN THE AISLES WERE FILLED 

 in the Pere Marquette ballroom by the 

 largest attendance in history. 



