12 



I. A. A. RECORD— Nvvember. 1933 



Chicago Gets Its Way In Senate 

 Vote 



(Continued from page 7) 



the Yotes necessary to pass as emer- 

 gency measures, effective immediately. 

 The emergency clause was stricken 

 and the bilk passed by the Chicago 

 bloc with the aid of downstate sena- 

 tors Barr of Will County, Burgess of 

 Wayne County, Finn of Marion Coun- 

 ty, Hickman of Edgar County, Kar- 

 raker of Union County, Monroe of 

 Madison County, Mundy of Clark 

 County, O'Connell of Grundy County, 

 Penick of Adams County, Shaw of 

 Lawrence County, Stuttle of Mont- 

 gomery County, and Williams of De- 

 Witt County. 



In addition to the objections stated 

 by Senator Lantz, the bills as passed, 

 since the emergency clause has been 

 stricken, cannot become effective until 

 July 1, 1934. By that date the Chicago 

 1934 tax levy will have been made and 

 a poor relief levy cannot be made in 

 Chicago until 1935. Instead of enab- 

 ling Chicago to support her poor and 

 unemployed, the amended bills as 

 passed by the Senate made it impos- 

 sible for Chicago to help herself until 

 1985 thereby forcing continued appeals 

 to the State and National govern- 

 ments. 



I. A. A. Policy 



The Illinois Agricultural Associa- 

 tion has repeatedly declared that it is 

 not opposed to but favors proper meas- 

 ures for emergency unemployment re- 

 lief. It is opposed to enactment of the 

 relief bills which passed the State 

 Senate. 



These bills involve the gravest dan- 

 ger that the State obligations proposed 

 will fall upon property. If the legisla- 

 tion providing therefor should be sus- 

 tained by the courts and if bonds are 

 approved to finance relief funds, to be 

 repaid out of gasoline tax allotments 

 to the counties and municipalities, 

 they will necessarily lead to the fol- 

 lowing results: Tv- l-V 



1. Money will be provided for only 

 a few months, thus permitting another 

 emergency to arise, requiring that the 

 General Assembly again be called into 

 special session early in 1934 to provide 

 additional relief funds. 



2. Gasoline tax funds will be fur- 

 ther diverted from highway and street 

 improvement and maintenance in most 

 of the counties, thus either depriving 

 the people of such improved facilities 

 and reducing the employment so ur- 

 gently needed in providing them, or 

 throwing the burden of suppljring such 

 facilities back again on property. 



3. The City of Chicago, if again 

 successful in opposing legislation im- 



mediately effective to enable and re- 

 quire her to assume some portion of 

 the duty, to the extent of her ability, 

 to care for her own unemployed, will 

 continue to demand legislation enab- 

 ling her to use the credit of the State 

 or to draw upon the resources of the 

 people of the entire State. 



4. Downstate counties and com- 

 munities more and more will demand 

 "easy" money for relief provided by 

 the State, thus dulling a proper sense 

 of community responsibility, continu- 

 ing the waste of funds inevitable in 

 the present State Relief system, and 

 fastening the dole more tightly upon 

 the people of Illinois. 



Organized Labor Is 



Against Inflation 



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Many Counties Get 



Credit Associations 



Production credit associations have 

 been or are being organized in 'a num- 

 ber of counties including Champaign, 

 Vermilion, Livingston, McLean and 

 others. The production loan division 

 of the Farm Credit Administration is 

 pushing organization work. 



Loans may be made for crop pro- 

 duction, the purchase of feeding cat- 

 tle or sheep, financing breeding herds 

 and for advances on grain in storage. 



Farmers who borrow must purchase 

 Class B stock in the local association 

 to the extent of five per cent of each 

 loan made. The rate of interest will 

 be determined by the rate at which 

 debentures may be sold to the invest- 

 ing public by the Intermediate Credit 

 Bank which rediscounts collateral of- 

 fered by the local associations. Money 

 loaned to farmers by the Production 

 Credit Association is not government 

 money, but is obtained through the 

 sale of bonds to the public. 



The associations will be helpful in 

 communities where there are no banks 

 or where banks are restricting^ their 

 loans to 60 and 90 days. The produc- 

 tion credit associations propose to 

 make longer term loans than some 

 banks are willing or able to make. 

 There will probably be no saving in 

 interest. 



From A Friend 



"We are receiving the Illinois Agri- 

 cultural Association RECORD and are 

 enthusiastic over the publication. We 

 are using some of the material in our 

 publication, especially to get it to non- 

 Farm Bureau members in our com- 

 munity. ''■';■■■' ■ • ' 



"You may count on this publication 

 and its staff for whole-hearted sup- 

 port in your work. Any Hancock 

 county farmer will tell you of our 

 stand for the farmer."— M. Clausen, 

 Editor Hamilton Press. . 



The American Federation of Labor 

 adopted a resolution in its recent con- 

 vention opposing inflation of the cur- 

 rency. 



Indorsing directly Green's statement 

 at the opening of the convention that 

 unrestrained and unregulated infla- 

 tion would harm the worker, the 600 

 delegates then approved a resolutions 

 committee report saying: 



"Whether minimum wages are 

 fixed by codification through the na- 

 tional recovery act, or by voluntary 

 collective agreements between organ- 

 ized workers and associated em- 

 ployers, the fact remains that they 

 are fixed and subject to change only 

 after the most persistent and aggres- 

 sive pressure on the part of wage 

 earners. 



"If our currency is to be allowed 

 to fluctuate at random, and the level 

 of money values is permitted freely to 

 lessen, it must be apparent that with 

 wages remaining at their fixed de- 

 nominational values, there will then 

 be experienced a corresponding lower- 

 ing of the wage levels and earnings. 

 Such a condition must not be allowed 

 to take place." 



Wheat Signup Grows 



A reduction of 6,600,000 acres for 

 1934 had been pledged up to Oct. 4 by 

 American wheat growers. This repre- 

 sents about 70 per cent of the nation's 

 total wheat acreage. A full signup 

 would mean 9,000,000 less acres 

 planted. 



The main wheat states, according 

 to estimates, will sign up about 90 per 

 cent, states immediately east of the 

 Mississippi, including Illinois, about 70 

 per cent, and eastern states about 50 

 per cent. Many seriously doubt that 

 there will be any substantial reduction 

 in wheat production next year unless 

 adverse weather cuts the yield. 



At the time of the last report Ilh- 

 nois growers had signed 18,600 appli- 

 cations covering 691,077 acres. 



The validity of Grain Futures Act 

 was upheld by the Supreme Court of 

 the United States on Oct. 9 when it 

 refused to review the decision of the 

 Seventh District Court of Appeals sus- 

 taining the law. The ruling ended the 

 fight of four Chicago grain brokerage 

 houses to escape the provisions of the 

 Act requiring brokers to report their 

 transactions in futures to the govern- 

 ment. 



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