Show i STABiliZE F FARM AR A LO Former Governor Go Speaks In Interest of U S Cons ST LOUIS Dec By 29 By 29 29 By The Associated Some Press Press Some means for Cor stabilizing prices ot or farm products should be found in hi the Interest of or the consumer as well as of the lie producer Frank O 0 Lowden former I governor ot of 1111 Illi Illinois nois noes said eaid here bere Tuesday night In inan an m address before beCore the American Farm Economics association This stabilization ot of prices he said will have to be at a point covering cost or of o production with sufficient profit to induce the I farmers to go on producing SURPLUS NECESSARY A surplus ot or the staple prod prod- products products or of o the farm he lie conti ned Is inevitable and necessary The nation that holds this sur surplus is the richer tidier for having iL It Indus Indus- Industry Industry try can plan the better for the future it if It knows In advance that We shall have nough l of ot food foed and andraw andraw andraw raw materials Lowden explained the suggestion suggestion tion or of o a federal farm larm board for such a plan would result In great great- great I greatly greatly ly Iy increased ased production with wilh a surplus so large as to become II altogether unmanageable In the tIle first place the speaker I Isaid said the argument assumes that In agriculture as ag In Industry UD-I UD nn- nn un unsatisfactory satisfactory prices result shortly I in reduced production This is not so BO I OPS CO-OPS PROGRESSING i And then the tho argument proves too much It If it be truo true that the I farmer r will overproduce simply because he Is getting for his prod prod- product product cost of ot production with some profit It It- follows that the farmer Carmer must always sell sen his product at atless atless atless less than the cost of ot production This cannot be so unless we are areto areto areto to revise completely our economies niles mies Although operatives co-operatives are progressing It is doubtful If it they are ever eler sufficiently organized to take teke care of this present problem of surplus unless some way be found Cound by which the cost of handling the surplus is borne equally by all producers ers of ot the particular commodity He agreed with the belief that our rural civilization is in a peri perl per per- Taus lous state st le but could not follow th those who have despaired ot or find ind- indIng finding finding ing some Borne remedy for tor the situa situation tion |