OCR Text |
Show FARM AID in i.o. pi Depression Could Not Exist If Farmer Were Able To Buy, Says Pennsylvanian ; Favors Fav-ors Equalization Fee. T - SEDALIA, Mo., Sept. 1 (U.R) Upon justice to the farmer justice as he himself understands under-stands it depends "the welfare wel-fare of America, the safety of America, the preservation of our institutions, and the security se-curity of our children," Governor Gov-ernor Pinchot of Pennsylvania warned an audience of Missourians here today. Gov. Pinchot, spoke before several sev-eral thousand persons, gathered for a meeting of the Missouri Farmers association. "Orphan Child" "For generations the farmer has been the orphan child of American politics and I am for taking him into the family," Pinchot said in opening his address, in. which he urged an extra session of congress to consider the farm relief, lower farm taxes, better marketing facilities, facili-ties, and organized efforts to secure se-cure foreign sales for existing crop surpluses. Asserting that a depression such as the present one could not exist if the farmer were able to buy, Pinchot said : "There can be no secure and permanent per-manent prosperity in the United States unless the farmer is. prosperous. pros-perous. For years we have been saying it: For years we may have believed it. But never as a nation have we acted on our belief." The governor traced the financial history of agriculture during these facts: "' , :" ' :" ' : i A decrease of" $4,000,006,000 in the farm income, while the national income in-come was increasing $22,000,000,000. A yearly increase of $1,000,000,000 in the farm debt. '; A '$20,000,000,000 shrinkage ' in farm values. - . ) . From 1 1926 to ! 1931, 682,000 farmers, farm-ers, or ten per cent, lost their homes by foreclosure, Pinchot declared. de-clared. "All this,'' he said, "amounts to a farm disaster unprecedented un-precedented in human history, so far as I know. If it does not show that agriculture has been gel ting the neck of the chicken at the national na-tional table, I .know nd way to prove it " : Tax Cut Advocated" There are two ways, the governor I said, in which the farmer can be aided. One is to increase his return, re-turn, the other is to cut down his expenses notably taxes. Then, turning 'to plans for increasing in-creasing the 1 farmer's return, Pinchot asserted that tariff could not accomplish that purpose. The equalization fee, he said, would fill the need. |