I. A. A. RECORD— July, 1933 



I. 



Senate Committee Tries 

 To Kill Moratorium Bill 



Charges by the Chicago Tribune 

 and others who apparently support in- 

 discriminate mortgage foreclosures, 

 that passage of the moratorium bill 

 now before the Illinois General As- 

 sembly would shut off federal farm 

 credit in this state, were denied in a 

 recent statement by Henry Morgen- 

 thau, Jr., governor of the Farm Credit 

 Administration. v 



In reply to a question from the Gov- 

 ernor of Arkansas, the latter was in- 

 formed by Mr. Morgenthau that "the 

 law governing the administration of 

 the land banks indicated no reason for 

 objection to state laws which for a 

 limited emergency period such as two 

 years would empower the courts to 

 grant continuances of mortgage fore- 

 closure sales or confirmation of them, 

 or extend the time of redemption, if 

 the purpose of these statutes is to pre- 

 vent sales on a markedly unfair and 

 unreasonable basis." 



Earl C. Smith, president, and Don- 

 ald Kirkpatrick, general counsel of the 

 Illinois Agricultural Association, spoke 

 for the moratorium bill, H, B. 579, in 

 the hearing before the Senate judi- 

 ciary committee. Certain Chicago 

 members led by Senator Ward, the 

 committee chairman, and Senators 

 Graham and Barbour sought to kill 

 the bill in committee, and failing in 

 this prevented passing it out with fa- 

 vorable recommendation by raising the 

 question of a quorum. 



The next day Senator Martin Loh- 

 mann of Pekin who is handling the bill 

 in the senate^ succeeded in his motion 

 to take the bill from the committee 

 and place it on the senate calendar 

 where it now rests in the final pas- 

 sage stage. The bill had previously 

 passed the House by a large majority 

 vote. 



The bill is improperly called a 

 moratorium measure because it merely 

 authorizes courts to continue proceed- 

 ings in foreclosure in the case of 

 worthy mortgagors. It provides for 

 the protection of creditors by virtually 

 making the court receiver for the 

 property, so that rents and income 

 may be equitably applied on payment 

 of taxes and interest. There is noth- 

 ing mandatory about the legislation. 

 It merely outlines a course of pro- 

 cedure for the guidance of courts. The 

 termination of the length of the con- 

 tinuance, if any, is left to the judge. 

 The bill declares that levy and pay- 

 ment in a foreclosure suit may be 

 stayed for a reasonable time, but no 

 longer than July 1, 1935. 



How Farm Land Values 



Dropped Since 1920 



The value of farm lands in Illinois 

 compared with the 1912-1914 value 

 figured at 100 has been as follows 

 since 1920: 1920 @ 160; 1925 @ 115; 

 1926 @ 109; 1927 @ 99; 1928 @ 96; 

 1929 @ 95; 1930 @ 91; 1931 @ 80; 

 1932 @ 66; 1933 @ 54. Trends in 

 other corn-belt states were similar. In 

 the New England States the value of 

 land has been much more constant. 

 Land did not rise as high nor did it 

 sink as low. In Maine, for example 

 the value of farm land in 1930 was 

 @ 142, whereas in 1933 it had sunk 

 only to 94. In the southeastern states, 

 the variation was nearly as large as 

 in the corn belt. 



500 Attend Jubilee ! 



Celebration in Cook 



"Our Jubilee Celebration and barn 

 dance was a great success," reports 

 O. G. Barrett, Cook county farm ad- 

 viser. "More than 500 Farm Bureau 

 members and their friends attended." 



The evening was largely devoted to 

 entertainment with only a few short 

 talks during the evening. The pro- 

 gram was arranged to celebrate the 

 passage of the Emergency Farm Act. 



"The Farm Bureau, county, state 

 and national, made this legislation pos- 

 sible," said Barrett, "and our members 

 are taking credit for what it already 

 has done to raise prices and bring 

 back better times." ' - • 



1 6th District Conference 



Farm Bureau members in the 16th 

 district held a conference Saturday, 

 June 7, at the recreation park in East 

 Peoria. The program was largely con- 

 fined to a discussion of organization 

 and publicity problems. 



George B. MuUer, I. A. A. director 

 from Tazewell county, presided. Sec- 

 retary George E. Metzger; district or- 

 ganization manager, R. J. Hamilton; 

 and Farm Advisers, J. H. Whisenand 

 and Wayne Gilbert were scheduled as 

 speakers. 



Next Annual Meeting 



I. A. A. at Danville 



The next annual meeeting of the 

 Illinois Agricultural Association will 

 be held next January at Danville, the 

 board of directors decided at their 

 meeting in Chicago, June 16. The I. 

 A. A, held its annual convention in 

 Danville also in January 1929. 



Launch Cream Sign-Up 



In Rock Island Area 



Plan To Build Up Production of 

 Local Co-operative Creamery 



FRANK GOUGLER 



A MEMBERSHIP sign -up of 

 cream producers preparatory 

 to the establishment of addi- 

 tional cream routes in the Rock Island 

 district is underway, according to 

 Frank Gougler, director of produce 

 marketing. The nine counties in this 

 territory, including Whiteside, Lee, 

 Bureau, Henry, Rock Island, Mercer, 

 Henderson, Warren, and Knox have 

 approximately 19,243 farms which in 

 1930 marketed approximately 6,500,- 

 000 pounds of butterfat. .;•.-;. 



It is planned to 

 haul the cream to 

 the plant of the 

 Farmers Co - op- 

 erative Dairy 

 Products C o m - 

 pany plant in 

 Davenport, The 

 latter is a mem- 

 ber of the Illinois 

 Producers Cream- 

 eries and has been 

 operating success- 

 fully since last 

 fall. -'"'''^ ""' - 



"It now requires a total of 219 

 cream stations in these nine counties 

 to assemble the cream," said Gougler. 

 "The farmer has to pay the cost. The 

 cream station system of assembling 

 frequently results in an inferior prod- 

 uct, particularly in hot weather. The 

 producer pays for that. Cream can be 

 assembled by truck cheaper l;han by 

 stations. The farmer is thus served 

 better, the creamery gets good cream, 

 and as a result makes a higher qual- 

 ity butter." ^ -'; '^J-y :'■:<-:':: ..• •/;';, ;■''■•■■ 



The Illinois Agricultural Association 

 recently issued a prospectus on the 

 cream marketing project for the use 

 of producers in the Rock Island terri- 

 tory in developing their co-operative 

 marketing program. 



The requirements for producers to 

 get more money for butterfat, accord- 

 ing to Gougler, are as follows: (1) 

 Large volume creameries for low cost 

 operation. (2) High quality butter 

 made from good cream collected at 

 farm by truck. (3) Farmer-owned 

 plants to reflect prices for higher 

 quality back to producers. (4) Good 

 plant management. (5) A co-opera- 

 tive sales agency to sell their own 

 brand of butter on the best markets. 

 (6) Statewide co-operation for manu- 

 facture, sale and purchase of sup- 

 plies. (7) Adequate capital. (8) The 

 spirit of co-operation. (9) Own test 

 and weights. 



