OCR Text |
Show THE RICH COUNTV REAPER, RANDOLPH, UTAH Operation of New Farm Parity Measure Puts U. S. Agriculture on Business Basis WASHINGTON. When the Deferred Classification Farm Parity history-makin- g law went into effect the first of this month American agricul- ture began for the first time to operate like a gigantic manufacturing organization, with overy farmer guaranteed a definite sales price for the things he produces whether cereals, meats fats, dairy products, tobacco, eggs, fruits, poultry or cotton. ' pre-Wor- ld war years of Manufacturers have usually been able to name the price at which they wished to sell the volume of their output. Now a floor has been placed under farm prices similar to the floor under industrial income. So the farmer can roll up his sleeves and pitch in with the knowledge that he has been placed virtually on an economic equality with industry. With the manufacturer such a program has required good judgment concerning costs, desired profit, supply and demand, competition anc the volume of production. To all intents and purposes a similar has been placed on agriculture. $1.15 Wheat Assured. In order to prevent price breaks due to overproduction, safeguards restricting the volume of farm output have been set by the new law. And to protect prices further, surpluses of the farmers production are limited to quantities that can be easily absorbed by the Federal Surplus Commodity corporation. Sponsors of the law believe it will assure farmers a return of at least $1.15 a bushel for wheat, 87 cents a bushel for corn, and 16 cents a pound for cotton. With an increasing demand for farm products for defense purposes and the Feed Britain program under the lease-len- d bill, prices may easily , rise above these levels. One thing is certain. Farm income and farm expenditures will be sharply increased by this new parity law. Last year agriculture received $9,120,000,000 for its production. The 1941 income will mount well over $10,000,000,000, according to current forecasts of the U. S. department of agriculture. History has demonstrated that when national farm income rises above $7,000,000,000 a year, agricultural expenditures rise , about as sharply as income. Another favorable factor is that at the present time the farmer has a good deal of last years production Women criminals are more dangerous than men, tis said. Thats when they dress to kill. for it. Bell-Ring- er One Qualification I wish I could be a great like to be a bone spe- cialist. Goofus Id Youve got a good head Proof Sufficient " You seem very quiet tonight , Roland said the Are pretty girl. you are you sure you love me? Customer I wish to buy an apLove you! Roland exclaimed. Good somefor a bride propriate gift Heavens, Rhoda, when we were saying thing timely and striking. good-blast night your dog at the Merchant How about a nice bit a piece out gate of my leg, and I didnt clock? even notice it till I got home! y 1909 to 1914. That was one of the most favorable farm price periods in history. The farmer is guaranteed a crop loan rate of 85 per cent, figured on .a fixed valuation basis. If prices go above parity he reaps the benefit. If they fall below that valuation the farmers crops go into the governments surplus bins ond Uncle Sam takes the loss. The parity law will add a billion dollars to American farm income this year, agricultural economists predict. It will generate a buying power that will be translated into expanding purchases of practically every commodity the farmer uses. Rufus doctor. A What does parity mean ancl liow does it operate? Simply that from .now on the American farmer will receive The graph above, prepared by the bureau of agricultural economics, prices for his products that will of the United States department of agriculture in Washington, illustrates give him a purchasing power the current farm situation in the nation today. equal to that which he held in the Helen Did Nellie reject Johnnie when he proposed? Mildred No; she put him in Class 5 to be drawn on only as a last resort. in storage under loan. He is there- pansion and down to the depression. d fore holding a equity in Farm Values Rise and Fall. his last years production which he In a group of middle western can sell at better prices due to war states the price of farm products conditions as well as the guarantee more than doubled from 1910 to 1920. of parity prices. The farmers last During this period land values also years production is like money in rose to record levels. After 1920 the bank. the reverse was true. But 1940 Labor Cost Is Up. prices of farm products were only about as high as in 1920 costs Increased taxes and higher and land were likewise cut in values for farm labor and for many of the half. me. He who loves me teaches products the farmer buys will syMy Three Friends Walter H. Ebling, a farm econophon part of the income gain. The mist men are me Three He friends: tenderness; he who hates me my land values, discovprice the farmer pays for fertilizer, ered studying who loves me, he who is my ene- teaches me caution, and he who is of a that farm typical however, promises to be relatively land that waspiece Anon. worth $100 an acre my, and he who is indifferent to indifferent, lower than for numerous other prodin first the parity days preceducts. Teamwork between science and industry has combined to cut ing the World war had reached a price of $171 an acre in 1920 the cost of soil improvement. A. L. selling an cent. By of 71 increase Mehring of the U. S. department of 1930 it was worth per or a $117, only agriculture recently pointed out that drop of $54 from 1920. Then during American farmers now save A ebb years of the depression, a year due to reductions in the low value of this same piece ol the of cost the fertilizer resulting from land receded to $80. scientific research. With some improvement in the One of the almost inevitable reprices of farm products after 1933, sults of increased farm income will the value of farm land rose slightly. pitching HORSESHOES be a rise in the value of farm land. By 1937 the piece of land Ebling after dinner became a good The history of all past eras has studied would have been worth $89 American custom beck in the shown that whenever farm products or $9 more than lowest the during have-risein price for a considera- years of the depression but still JSth century when this sport ble period, land has likewise risen $11 less than its value before the took the place of quoits. in value. The rising trend may World war. When the recession of tempt many farmers to overexpan- 1937-3- 8 carried the price of farm EQUALLY ENJOYABLE before and sion. As a matter of fact the im- products down, farm lands after dinner is the good American custom again of smoking mild, fragrant JCing Edwards, proved outlook for agriculture has slipped in value. So by 1940 the to of already caused many farm folks land would worth been have piece consider buying an extra farm. only $84, or $5 per acre less than in aftIf farmers will remember the 1937 and $16 less than it was in the farm ermath of World War No. war period. expansion a good many future headaches can be avoided. During that first World war American agriculture was pushed to the limit. Food Will Win the War, was the slogan. Under high pressure millions of new acres came under cultivation. Prices pyramided. But after the Treaty of Versailles, agriAnd culture fell into difficulties. to feel the this farmers day many Source of Revenue Merry Feast hangover twinges of that speculative He that is of a merry heart hath NEW YORK CITY. Civilians on Economy is in itself a source of spree. a continual feast. the home front can fill a new and great revenue. Seneca. Improve Soil Program. important role in the national deWhat is the alternative to the urge fense program by donating blood for transfusions to produce 200,000 for more land today? units of dried blood plasma It lies in diverting any extra mon- half-piSave Money By Stopping by the army and navy durrequired in the farm from ey that Comes fiscal this the year beginning At parity law into lines that will bring ing more permanent security at less month, the war department anTHE BELVEDERE risk in the long run. For instance, nounced recently. The aim of the blood plasma propaying off indebtedness, repairing APARTMENT HOTEL old and putting up needed new farm gram, which is already under way on to is build a a small scale, up buildings, improving livestock and $2.00 and up Single increasing the fertility of the soil reserve not only totomeet military $2.50 and up Double the succor but on the present farm. emergencies wounded in civilian catastrophes as MODERN . . . FIREPROOF . , . This last is especially important, well. CENTRAL LOCATION . . . WITH for on the productivity of the soil This is a defense enterprise inOR WITHOUT KITCHENS. depends the farmers ability to pro- volving the of five comduce abundant crops for defense of the national structure: needs and to take advantage of the ponents is the which will The Belvedere Hotel added income the 'parity law pro- be asked to donatepublic, blood. The the vides. And as a matter of fact, American Red Cross and the diviCALVIN O. JACK, Manager farmers can actually enlarge their sion of medical sciences of the Na29 SOUTH STATE STREET SALT LAKE CITY, UTAH farms without incurring the hazards tional Research Council share the reof overexpansion. sponsibility of directing the pro"The" secret lies in making thd gram, while the Red Cross also enpresent farm acreage do a better rolls the volunteer donors and proproduction job, said a recent state- vides the personnel and equipment ment of the Middle West Soil Im- to collect the blood. In SALT LAKE CITY provement Committee. "This means Commercial concerns in various following a soil management pro- parts of the country will process gram that will raise the lands total the blood. The army and navy will fertility level. maintain the plasma reserve for "Even in the most productive general and war use, with the army areas the average farm can usually acting as purchasing agent to deal be enlarged, so to speak, the equiva- with the commercial concerns. A lent of 10 per cent and sometimes as pilot project to procure 15,000 much as 50 per cent through intelli- units is already under way. Donors are supplying blood through their gent soil treatment. Choice oftheDiscriminatingTraveler "In combination with other sound local Red Cross chapters as fast as farming practices the use of ferti- it can be processed. lizer containing nitrogen, phosphorPhysicians Volunteer. 400 ROOMS 400 BATHS us and potash is essential in stepping Plans for the larger objective of the soils up productive capacity. 200,000 units are still in their early : Such a practice not only has an stages. However, the American Red immediate effect in increasing the Cross' and the division of medical Our $200,000.00 remodeling and refurnishing program has per acre yield of crops needed in sciences of the National Research made available the finest hotel accommodations ' in ' the the nations defense effort, but. rep- Council have already enlisted the West AT OUR SAME POPULAR PRICES. resents an important long range soil of leading physician building program. It likewise means and surgeons in a dozen cities. CAFETERIA lower production costs and improved These physicians, in DINE DANCE BUFFET crop quality. with local Red Cross chapters, have DINING ROOM The Beautiful The soundness of this principle promised to supervise the proper MRS. J. H. WATERS, President dblood from of the " may be appreciated by a brief but technique drawing MIRROR ROOM Managers .I,. detailed study- of the performance the volunteer donors. SUTTON HOLMAN ROSS 'ERSandW. WA J. IVBtt SATURDAY EVENING The army and navy have each esti4 of farm land prices from the Are at units. needs their mated w 100,000 World war ex the days through good-size- , one-ha- lf self-relianc- $200,-000,0- 00 e. KIvIERIC-- (rUSIOM ls pre-Wor- ld U. S. Gvilian Blood Donors Asked by Army . I nt Pre-emine- Apartment nt THE HOTEL . Rates $2.00 to $4.00 Edward ONeal, president of the American Farm Bureau federation. Operation of the farm parity measure culminates 25 years of effort on the part of this organization to bring about these benefits. -i, - pre-191- t |