Show FARAT ARM ACT INCREASES SES purchasing POWER OF FARMERS increasing the purchasing power of 0 farmers is the declared purpose of 0 the new farm act but the act is more than farm relief it la is national relief Far farmers ineis will buy the products product of industry when they have more money this is why the act bears the title to relieve the existing national economic emergency by increasing agricultural purchasing power farmers purchasing power Is low compared to that of other groups largely because they have ever since the ofle world war produced more goods than they could sl sell 1 I at a fair price several methods tor for bringing about an increase in tural rural buying power are provided tor for in the act just what is to bo be done this season will be determined immediately in hearings called by secretary of agriculture henry A wallace the alternative methods made possible by the act are 1 the Secie tary of agriculture may arrange with individual farn farmers iera to reduce their acreage or production by a specified amount and to compensate them either by paying rentals or by making direct benefit payments this tin s would be immediate relief with only the participating producers receiving tile the benefits 2 by into marketing agreements with processors and others to reduce wasteful and price depressing competition excessive handling charges and so on the see secretary may bring about better belter prices to farmers revenue funds to pay rental and benefit payments would come front from the federal treasury subsequently they would be derived from an adjustment tax levied on the first processing of the basic commodity the basic commodities named in the act are wheat cotton hogs field corn rice tobacco and milk and its products but the secretary may exclude from the operation of tha act any of these commodities it if its inclusion would not further the purpose of the act farm debt relief Re financing of farm debts at lower rates of interest is also provided tor for farmers interested in this phase of the act should get in touch with the nearest federal land bank local farm loan association or county agent A group picture of the first ward boy scout troup will appear in the saturday or early edition of the deberdt news this honor comes to the local group due to the tact fact that they are the first troup in the tim council to become percent subscribers to boys lite life the official organ of the scout organization |