i.. 



'ILiLilNOIS 



CULTVBAL ASSOCIAHHIN 



RECORir 



To advance the purpose for which the Farm Bureau was or- 

 ganized namely, to promote, protect and represent the busi- 

 ness, economic, political and educational interest of the 

 farmers of Illinois and the nation, and to develop agriculture. 



George Thlem, Edltor-v/'-r-'^: • 'vV' /-■■'•;■■:•;;;• ^■•.;'.;;- 

 ^ ■''•>•'>'■'■■; '. John Traey, Assistant 



rul)liKlic'(l niontbly ])y the Illinois Agricultural Association at 165 Bo,. 

 Main St., Spencer, Ind. Bditorial Offices, 608 S. Deaiborn St., Chicago^ 

 111. Kntered as second class matter at post office, Spencer, Ind. Accept- 

 ance for ninilin<? at special rate of postage proTided in Section 412. 

 Act of Feb. 28, 1925, authorized Oct. 27, 1925. Address all conimnnications 

 for publication to Editorial Offices, Illinoi» Agricultural Association Kecord, 

 «08 So. I)earl>orn St., Chicago. The individual membership fee of the 

 Illinoii Agricultural Atsoclation is five dollars a year. The fee includes 

 pnyiiieiit of fifty contR for subscription to the Illinois Agrictdtunil As- 

 sociation KECORD. Postmaster: In returning an uncalled for, mis^ent copj, 

 pieut!^ indicate key number on address as is required by law. . 



OFFICERS ?: 



President, Earl C. Smith i .♦•••; « > « • .Dotroit 



Vice-President, A. R. Wright .^ , vrv>.. . . VsVil • • • Varna 



Secretary Geo. E. Metzger ............;.. .Chicago 



Xieasurer, 11, A. Cowles .BlooniingtoD 



■;; ; i: ; BOARD OF DIRECTORS -ra^ 



? :^' :'■: • ' /: . (By Congressional District) • ■ V/ . % ^r ; • ; 



Ist to 1 1 Hi « E. Harris, Grayslake 



12tli V. . . . . E. E. nought by, Shabboua 



13tb C. E. Bamborougli, Polo 



14tli Otto Stef fey. Stronghurst 



liilh M. Kay Ihrig, Golden 



16th Albert Hayes, Chilllcothe 



17th E. D. I^Nvrence, Bloomington 



18th Mont Fox, Oak wood 



lOtli Eugene Curt is, Clianipalgn 



20th K. T. Sni'th, Greenfield 



21ftt Samuel Sorrells, Raymond 



22nd A. O. Eckert. Belleville 



28rd W. li. Cope, Salem 



24th Charles Marshall, Belknap 



25th R. B. Endicott, Villa Ridge 



DEPARTMENT DIRECTORS 



Comptroller. .J. H. Kelker 



Dairy Marketing J« B. Countiss 



r iDance .«...•«•....••......•.•...••..•.•...••.••••..•••••• *■*'» ** • >./o »i mn 



Fruit and Vegetable Marketing H. W. Day 



Information George Tbiem 



I^egal Donald Kirkpatrick 



Live Slock Marketing Ray E. M'ller 



Office C K. Johnston 



Organization V. Vaniman 



Produce Marketing F. A. Gougler 



Taxation and Statistics J. C. Watson 



Transportation Div'n G. W. Baxter 



ASSOCIATED ORGANIZATIONS ., 



Country Life Insurance Co L. A. Williams, Mgr. 



Farmers Mutual ReiuRurance Co J. H. Kelker, Mgr. 



•Illinois Agricultural Auditing Ass'n F. E. Ringham, Mgr. 



Illinois Agricultural Mutual Insurance Co A. E. Richardson, Mgr. 



Illinois Farm Supply Co L. R. Marchant, Mgr. 



Illinois Fruit Growers Exchange H. W. Day, Mgr. 



llHuois Grain Corp Harrison Fahrnkopf , Mgr. 



Illinois lilTostock Marketing Ass'n Ray Miller, Mgr. 



Illinois Producers Creameries. .F. A. Gougler, Mgr., J. B. Countiss, Bales 

 Soybean Marketing Ass'n J. W. Armstrong, Pres. 



Blaming the Government 



y / y^ OMPETENT experts assert that a normal specu- 

 ■ . lative turnover on the Board of Trade would 



; ^^ advance wheat at least 25 cents a bushel above 

 current quotations. Some believe that the rise would be 

 50 cents," says the Chicago Daily News in an editorial 

 pleading for less restrictions on the grain exchanges. 



Apparently some grain trader has whispered in the ear 

 of a News editorial writer. It's the old story of blam- 

 ing the government. The News does not state just what 

 is to prevent anyone who thinks wheat is selling too cheap- 

 ly to buy a load of it. There is nothing in present regu- 

 lations to stop anyone from taking on all he can pay for. 



The volume of trading on the Stock Exchange, likewise, 

 has fallen away to a mere dribble compared with the vol- 

 ume in the "good old" days. No one argues that regu- 

 lation is responsible for this. Perhaps the condition of 

 the public's pocketbook has something to do with it. 

 Whenever a grain trader has nothing else to do he goes 

 over and weeps on the shoulder of the local newspaper 

 editor about the bad effects of government regulations. 



The fact is that the rank and file of people aren't specu- 

 lating these days. They've learned by bitter experience 

 to be cautious. The only thing that is holding back the 

 speculative rise in the price of wheat, or any other com- 



modity, is lack of buyers. 



To say that "farmers are being penalized to the extent 

 of billions of dollars," because of market regulation is a 

 cheap appeal to prejudice without any foundation of fact. 

 We are all for higher wheat prices. We can't believe that 

 federal trading regulations to establish honesty and to 

 prevent market manipulation and the fleecing of the pub- 

 lic are a bar to higher prices. We wonder if the News ever 

 heard of short sellers. Government regulation didn't seem 

 to stop Arthur Cutten's secret operations now a subject of 

 government inquiry. For every dollar the farmer gains by 

 a bull market he loses another in a bear market. The only 

 party who collects all the time is the grain broker. And 

 he's the fellow doing the worrying now* ;,v v 



The Cause of Unemployment 



w 



HEN will the ten millions or more of unem- 

 ployed people get back to work? 



A lot of folks are asking this question. More 

 are trying to answer it. Some are attempting to make 

 political capital out of unemployment. Farm represent- 

 atives for years have tried to get over the point that the 

 inequality between farm and non-agricultural prices, 

 would undermine American prosperity. At last, when the 

 crash came, the farm point of view got attention. Today 

 even Wall Street recognizes its truth. : ^ u 



,"It is generally known," says the July National City 

 Bulletin, "that the fall of prices of farm products and 

 loss of purchasing power to the farmers has been largely 

 responsible for the general depression, but it is not gen- 

 erally recognized that the failure of other prices to de- 

 cline in company with the prices of farm products has 

 been the principal cause* of unemployment." r.^;^^ ..^ 



The recent backing away of NRA administrators from 

 price-fixing may be significant. It is clear that certain fea- 

 tures of the NRA have been working at cross purposes to 

 the AAA farm price-raising program. If we can't get farm 

 prices up to a parity let's bring others down. The goal is 

 the same, to restore farm buying power, to start a more 



lively exchange of goods and services, to relieve unemploy- 

 ment. ■^■' :-••:■■■"•' '-'^^ ,-■ •v•.:'■..v;/•■••..r^■■-■:■>■. .:• •.-..:/.'••- .: - ■. ■. . :::vv.- ' vv.- 



Organized labor can aid this movement and make jobs. 

 So can corporation managers. We seriously doubt that 

 either group is farsighted enough to do it. The way to re- 

 employment and a higher standard of living for everyone 

 lies in this direction. There will not be complete recovery 

 until the readjustment is accomplished. ,'■ ■'■:'\V '■' ■%':^'J':^- ''"■■■. 



Let Us Not Forget 



THE recent irritations connected with getting ap- 

 proval of corn-hog reduction contracts should not 

 blind us to the real values of the adjustment pro- 

 gram. Short memories are proverbial. It is only nec- 

 essary to look back a year and a half to see how far we 

 have come. It is easy for opponents of crop adjustment 

 to make "explanations" of the reasons for improvement. 

 They may make light of the effect of reducing surpluses 

 by disposing of 6,000,000 little pigs and drastic cuts in 

 pig farrowings and crop acreage. But thinking farmers 

 know it was just these measures that helped raise levels. 

 Corn and hog prices, of course, have been benefited. But 

 beef, mutton, oats, barley and other crops also shared in 

 the gain. With corn-hog checks on the way to Illinois let's 

 not miss the fact that the much maligned processing tax 

 made these benefits possible. Had not the drought forced 

 unprecedented quantities of unfinished livestock on the 

 market prematurely, the rise in hog prices unquestion^ 

 ably would have come much earlier." 



I. A. A. i 

 Policy 



*. - 



.' * * . . 



^ Folio wii 

 tion and i 



, allotments 

 county CO] 

 reduce totj 

 to the all 

 the State 

 the Board 



• Agricultui 

 consider at 



y their regu 

 week. 



In an el 

 of policy 

 expedite t 



; mittees, a 

 might rec 

 at the ea] 

 sociation < 



■ in a telej 

 Board urg 

 such step 

 remove tl: 

 interest tl 

 in several 



The bo2 

 the probl 

 termining 

 hogs on 1 

 evidence \ 



''.\ figures t\ 

 lotted. 



The As 

 the State 

 recognize 



"^ the trem( 

 they wer< 

 their des 

 in every 

 their woi 

 In neig 

 ment cor 

 proved w 

 after rei 

 were con 

 liminary 



ports. 



• ■ .' • . ■ ■ ''^ 



Corn-h( 

 move int( 

 bers dur 

 among c< 

 mately 3 

 ment pay 

 the peak 

 August," 

 As this is 

 counties 

 ing of c 

 mittees i 

 completic 



Amon^ 

 the state 

 hog-grov 



« 



I. A. A. RECORD 



AUGUS' 



