American economy 

 Sfair farm prices 



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V 





By JIM THOMSON 



Ass't Editor, lAA RECORD 



W.1II remain lii^li diiruiL; tin. ■.■n.-'tir p.irt 

 ot tins year. 



More than hO NpeakLr> aiiiiresvei! tin. 

 10 special eommoJity lonleren^es. other 

 ineetini;s and the ueiier.il ^es^u)^^ ol the 

 a)n\ention. Talks raiiueci iroin atomic 

 energy's mcaiiiiit; tor tlie lutiire ol ai^ri- 

 ^iilture to problems alont; Miih Itiii.-. ,l^ 

 iiiMiranee, iarni vouth ori;aiii/-,aK)ii. .uul 

 larin Hiireau membership. 



Twenty-three resolutions uere adopte^l 

 bv the tielcgates to the eonxention. I rom 

 the larmer's stanJ on international lO- 

 operation to an expression ol .irprec iatH)n 

 to retirins; Preskient O Xe.'.l lor liis Ii) 

 years of Icadtrship uith the organization. 



Amoni; the nioie impoilani ol ihe reso 

 lutions was tin. reiteration ol t!ie A! Bl- s 

 stand on parity the rel.itioiiship be- 



tween prices farmers i;et lor the thiiiizs 

 they .sell and the jMues they ]m\ lor the 

 things they buy. 



■ VC'e favor the retention of the present 

 parity formula with adjustments amoni; 

 various agricultural produtts auordinp to 

 price relationships which existed between 

 the various products on the basis ol a 

 IC-year movini; average. 



Turning to the farm progr.im. the 

 AFBF warned: "VC'e must not allow the 

 existing national prosperity to lull us into 

 a false sense of seiurity. nor lOntuse our 

 tliinkinc, nor delay our work on a long- 

 range agricultural program F-arni 



ers have leiirned through bitter experience 

 that .u\ etTecti\e national fanii program 

 IS essential. . . to maintain agriculture 

 on a basis of eionomic ec|uality with in 

 dustrv. labor .i:\A other segments ot our 

 economv." 



Pointing out that it w.mts the old |sro- 

 uram refined rather than iunked. the 

 Federation declared "Agrimlture has 

 too much at stake to depend upon some 

 new and untried farm program that 

 would endanger the balanced relation- 

 ships between agriculture .ind other seg 

 ments of our economy." 



On the question of controls, the resolu- 



Dean H. P. Rusk (right) ot the University 

 of Illinois College of Agriculture receives 

 from Retiring President O'Neal the Amer- 

 ican Farm Bureau Federation gold medal for 

 distinguished service to agriculture. 





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A group of Illinois farmers and Jack Howlett ( right ) , organization director for southern 

 Illinois, admire Illinois' accomplishments at AFBF convention. 



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The general view (above) of o session of the AFBF convention in Chicago shows Chorlet 

 F. Kettering, former research director of General Motors Corporation, specking. 



FEBRUARY, 1948 



