Show AGRICULTURE T f T TO ENJOY NE ERA HA IH THOMPSON SAYS Credit System Needs Needa Im Improvement m- m provement Farm Head Declares C CHICAGO Use Tee 9 UP UP San Sam H. H Tho Thompson president o of ot the Amen Ameri American rl- rl can Farm arm Bureau Bureau federation oration today caned called for a a. strengthening of th the the cr credit situation for Zor the farmers and said that a agriculture Is Js on the thet t threshold of or 8 a new era era due to a a. number of or things which ha e been and are being done 5 Thompson addre addressed ed edth the th ele eleventh nth annual convention of the federation at t. t the R Hotel teJ Sherman toda today at which delegates are attending Farm rm problems ms must be handled from rom a a. national viewpoint Thompson Thomp Thomp- son said declaring that state boundaries boun boun- daries darles must be done away with In considering the problem We can cin cinno canno canno no longer think In terms of ot the states he eaid aid since communication tion lon and transportation have knit every section of or the country so soc c closely together S EQUALITY LOOMS I Things are Ire being done which will soon oon place agriculture on an an equality equally equal equal- ly Uy economically with other Industries Industries industries Indus indus- tries tries b but t. t the credit situation Is unsatisfactory he be said It must be strengthened so o that It il t can more near nearly meet the re re- re requirements Q the farm bureau has prepared amendments to the rural credit red It act passage of or which by congress would provide a 8 wn way for fora a n. more adequate B system stem of ot agricultural agricultural agri agri- cultural finance e. e Now that the United States has declared a a. policy tor agriculture or it is doubly necessary necessary sary sai to secure a financial program adequate to meet the expanded program program program pro pro- gram for this Industry The agriculture agri- agri culture that we now build must be beon on one of or permanence Thomp Thompson on said any reduction In farm arm taxes must be sought ht through readjustment tending to spread the tax ax burden equally over all classes rather than through reduction in public expenditures TAX POLICY The inequalities that now exist through antiquated revenue revenue laws and nd faulty fault administration are bringing people face to faco with ho the tho fact th that t progress of ot many vi vial vital vi vi- tal al institutions is hindered and that hat a a. sound taxation policy should be adopted to spread tho burden of government equitably ov over r all the people v Thompson expressed a a. belief beliet that the he agricultural marketing marketing- act this elevation of ot agricultural wIll rates ates will have a an Immediate effect effect ef- ef f- f on agricultural prosperity He pledged support of ot the federation fedoration fed- fed ration oration with all aU other farm groups working to advance the welfare of ot the he farmer T C. C W. W r Warburton director of ot extension ex- ex tension of ot he the United States department department de do- of or agriculture told the delegates ates the federal farm ann board proposes to Improve agricultural conditions largely through coo cooperation atlon a- a lon tion of cooperative associations and emphasized the need of ot interesting tho farmers in the program |