Salt Lake Telegram | 1932-04-29 | Page 6 | Foreign Sales by Farm Board under Attack

H j FOREIGN SALES SALESi i i i BY FARM BOARD 1 UNDER ATTACK Head of Produce Exchange Attacks Plan as Injustice Injustice In In justice to Farmer By Br D lien Inn WASHINGTON April 29 Unal 29 Unal Unalterable opposition to the McNary resolution to finance foreign sales of farm arm board wheat and cotton was telegraphed telegraphed tele tele- graphed to the senate agriculture comI committee committee com com- today by Herbert L. L Bodman Dodman I president of the New York produce exchange I The measure carries out an on admin admin- backed plan to supply from the Reconstruction corporation corporation corporation cor cor- to finance the sales In a telegram to Senator Thomas D. D Okla Bodman said In effect it takes another of our taxpayers' taxpayers money and virtually presents presents pre pre- it to foreign governments We consider the proposal a grave Injustice to the American grain merchant merchant merchant mer mer- chant who Is expected to pay taxes and cand at the same time continue to furnish furnish furnish fur fur- nish employment to a large force of Unit d States Slates citizens Bodman's telegram averted It Is our sincere belief that the selling of wheat on credit will not increase the consumption and we emphatically challenge any statement to the effect that by the use of United States government government government gov gov- I credits wheat may be sold for lor export in channels that do not interfere interfere in interfere in- in with the regular business of the United States gr grain in merchant The message assailed Chairman Stone of the farm board Chairman Stone is quoted as refusing refusing refusing refus refus- ing to sell surplus to Americans for forcash forcash or cash it said but stating that our farmers farmers' salvation lies lles in domestic markets It appears inconsistent that he should refuse to sell wheat surplus to United States citizens while landing domestic markets for farmers and yet advocate practically a gift of this surplus surplus surplus sur sur- plus to foreign go governments which countries are paying cash ash every d day y for their purchases of Argentine Australian Australian Aus Aus- Russian and Canadian Canadian Canadian Cana Cana- dian wheat