DecembeVf 1931 



THE I. A. A. RECORD 



Page Nint 







'*» > 



ti certified levy by the local school 

 board in an amount equal to the dis- 

 trict's participation from the Public 

 School Fund. ' V 



"Let me state it in another way. At 

 ibe present time and during recent 

 years, the school districts have been 

 levying upon property approximately 

 $82,000,000 per year for the educational 

 fund of the public school. The State 

 of Illinois has been levying an addi- 

 tional $10,000,000 and more recently 

 $10,500,000, making a total of $92,- 

 100,000 property is now paying for the 

 kopport of the public schools. 



"Under the new plan suggested, if 

 the proposed measures raise $50,000,- 

 900 of revenue from new sources, it 

 would all go toward defraying public 

 school costs and must be used to reduce 

 dais previously levied $92,500,000, 

 which would leave $42,500,000 upon 

 j>roperty. 



"In a period of reasonable prosperity, 

 these proposed new sources would raise 

 much more than $50,000,000, possibly 

 $75,000,000, and it would be wed in 

 Kke manner. 



"While it is rather difScult to ex- 

 plain in a letter the many features en- 

 tering into this series of bills, yet I have 

 sried to give you the practical effect, if 

 this proposed legislation is enacted into 

 bw. I do not hesitate to go on record 

 nost definitely that, if this proposal is 

 enacted into law, the property of Illinois 

 will be relieved of substantially more 

 than one-half of taxes now levied for 

 the educational fund of the public 

 schools." 



NOTICE OF ANNUAL MEET- 

 ING OF ILLINOIS AGRI- 

 CULTURAL MUTUAL 

 INSURANCE CO. 



NOTICE is hereby given that the 

 annual meeting of the mem- 

 bers of Illinois Agricultural Mutual 

 Insurance Company will be held on 

 Wednesday, the 27th day of January, 

 1932, at the hour of 1:00 o'clock 

 p. m., at the Faust Hotel, Rockford, 

 111., to elect directors, receive, and, 

 if approved, confirm the report of 

 the board of directors of the com- 

 pany for the fiscal year ending Dec. 

 31, 1931, and to consider and, if 

 approved, ratify and confirm all the 

 acts and proceedings of the board of 

 directors done and taken since the 

 last annual meeting of the members 

 of the company; and for the trans- 

 action of such further and other 

 business as may properly come be- 

 fore the meeting. 



Dated at Chicago, 111., Dec. 1, 



1931. - •■■■_•:-. r\.-^ 



GEORGE F. TULLOCK, 



Secretary. 



0b 



servattons 



Income Tax Measure 



Aids Property Taxpayers 



AS WE go to press, we learn that 

 the Income Tax Bill now pending 

 before the Special Session of the Illinois 

 General Assembly and which carries the 

 support of the Governor's Revenue 

 Commission has passed second reading 

 (the amendment stage) in the Senate, 

 and a special order for its final consider- 

 ation or final vote was arranged for 

 next Wednesday afternoon. 



"This bill embodies every principle 

 which the Illinois Agricultural Associa- 

 tion has been urging in recent years be- 

 fore the General Assembly of Illinois," 

 said President Earl C. Smith in com- 

 menting on the measure. 



"In many respects, its provisions are 

 screngthenoi and if enacted into law 

 assures the property taxpayers of every 

 schod district in the State, substantial 

 relief frmn taxes they are now paying 

 for the support of the public schools. 



''Opponents of the bill are making 

 every effort to confuse the public mind 

 and detract att«ntion and support from 



the bill," he continued, "by insisting it 

 is an added tax and does not guarantee 

 relief to property taxpayers. 



"The Illinois Agricultural Association, 

 and particularly its Tax Department, 

 has been in very close touch with the 

 preparation of this legislation. The seri^ 

 of bills having to do with the subject 

 matter again offers the only opportunity 

 pending before the General Assembly to 

 bring permanent relief to property. 



"These measures are entitled to the 

 support of every thinking citizen of the 

 State who believes that the assessed 

 property of Illinois has been bearing a 

 very unjust portion of the total tax 

 burden. 



"EVERYONE MUST DO HIS 

 PART. IF YOU WANT RELIEF 

 FROM THE TAXES YOU ARE 

 NOW PAYING ON YOUR PROP- 

 ERTY AND IF YOU ARE NOT 

 NOW PAYING, BUT BELIEVE 

 PROPERTY TAXPAYERS ARE 

 ENTITLED TO SUBSTANTIAL 

 RELIEF, YOU CAN DISCHARGE 

 YOUR DUTY AND RESPONSI- 

 BILITY AS A CITIZEN BY LET- 

 TING YOUR SENATOR AND 

 REPRESENTATIVES IN THE 

 GENERAL ASSEMBLY KNOW 

 WHERE YOU STAND.** 



On November 30 the Illinois 

 Grain Corporation reported a mem- 

 bership of 79 farmers* elevators and 

 co-operative grain marketing asso- 

 ciations. 



THAT the middlemen have united 

 their forces and concentrated their 

 attack behind a powerful national pub- 

 licity campaign against co-operative 

 marketing is indicated by press stories 

 and editorial comment appearing in at 

 least one Chicago newspaF>er and in 

 several of the downstate dailies during 

 the past few months. Congressman 

 J. M. Beck of Pennsylvania, a high pro- 

 tectionist of the Mellon-Grundy school 

 of thought, apparently has been engaged 

 to lead the attack against agricultural 

 legislation in Congress. 



The middlemen backing the so-called 

 Federation of American Business an 

 attempting to hide their real object. 

 "Take the government out of business" 

 is their battle cry. They are not se 

 much concerned about getting the gov- 

 ernment out of business as they art 

 about keeping farmers out of the busi- 

 ness of marketing their own products. 



The government has been in busineat 

 for more than a hundred years. It has 

 come to the rescue of many infant and 

 ailing industries time after time with 

 legislation giving subsidies of one kind 

 or another. Because the government has 

 attempted to do something for agricul- 

 ture — the basic industry of the land — 

 by encouraging farmers in marketing 

 their own products there is much 

 talk about "Russianizing the Americao 

 farm," and "government in business." 



The Farm Board's attempt to stabilize 

 wheat and cotton prices at a profitabit 

 level was an experiment, but an experi- 

 ment fully provided for in the Agricul- 

 tural Marketing Act. The Board merely 

 tried to follow the instructions of the 

 Congress. Org^anized farmers didn't ask 

 for that legislation. It was a compro- 

 mise offer. 



The Farm Bureau asked for legislation 

 that would make the tariff effective on 

 farm products. It favored and still 

 favors the equalization fee, a plan to 

 raise domestic farm prices to artificial 

 levels in line with the American system 

 and charge the cost of doing so to eack 

 unit of the commodity sold. If protec- 

 tion and subsidy is to be our nati(mal 

 policy, farmers are within their righti 

 in demanding a seat at the table of 

 privilege. — E. G. T. 



The next monthly meeting of the 

 I. A. A. directors will be heW at 

 Chicago on December 18. 



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