Montana farmer-stockman. [volume], May 15, 1950, Page 16, Image 16

About Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993

Image provided by: Montana Historical Society; Helena, MT

                
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This is the economy convertible pump
Fairbanks-Morse
* built for farmers!
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John Crane Shaft Seal ac
complishes perfect sealing. Saves power.
Quality construction through
out. Needs no atten
tion for long periods
of operation.
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More features that assure swHKir
economy, dependability, and long service!
• Oversize base for greater water ca
pacity.
• Motor shafts, regardless of hp. capac
ity, are the same size, permitting in
terchange of motors in emergencies.
• Available in %, Vi, Vi, V* and 1 hp.
models.
• Equipped with self-adjusting rotary
water seal.
• Provided with new automatic pres
sure control valve.
• May be located over or away from
well.
• Completely assembled, ready to use.
SEE WHY THE BEST COSTS LESS!
Before you buy any water system, see the new Fairbanks
Morse convertible ejector model on display now in your
Fcrirbanks-Morse dealers' stores. You'll say it is the most
practical water system you've ever seen
nomical to buy!
the most eco
-1 -,
Buy from your friend and neighbor — your local
Fairbanks-Morse dealer. He pays taxes locally. He supports
many community projects that interest you. He banks locally,
and his money is poured back into projects that make jobs for
others locally. He backs his products just as Fairbanks-Morse
supports him. If )rpu don't know who in your vicinity sells
Fairbanks-Morse products, we'll be glad to tell you. Write
Fairbanks, Morse & Co., Chicago 3, Ill.
Fairbanks-Morse,
a name worth remembering
DIESEL LOCOMOTIVES AMO ENGINES • ELECTRICAL MACHINERY • PUMPS • SCALES
HOME WATER SERVICE AND HEATING EQUIPMENT • RAIL CARS • PARM MACHINERY
Keeping in Touch With Washington
Crop Price Insurance
Plan Proposed
■iiijiidWtei
WASHINGTON, D. C.—Congres
sional farm leaders who are disturbed
by persistent attacks on farm price
supports are looking around for a
program that will reduce government
costs and at the same time give farm
ers adequate protection against price
collapse.
Newesf proposal fo receive
serious consideration is crop
price insurance.
Under this suggested system, a
farmer would pay an annual pre
mium on each commodity, based
upon the price he gets for that com
modity, or upon his production or a
combination of the two.
Premiums would vary according to
each farmer's production.
In return, the farmer would be
guaranteed a minimum price for his
product based upon parity.
The support program would be fi
nanced from the proceeds of the in
surance premiums, plus funds which
the government may be required to
put up to carry out the guarantee.
The insurance program woüld ap
ply primarily to perishable and semi
perishable commodities which ac
count for 70 to 75 percent of all farm
production.
The present loan program would
be retained for storable or "basic
commodities" such as wheat, corn,
cotton, peanuts, rice and tobacco.
The insurance plan has been put
forward by Rep. Harold D. Cooley
of North
house agriculture committee, as an
alternative for the Brannan produc
tion payment plan.
Cooley's committee expects to hold
extensive hearings on the proposal
with a view of putting it before con
gress in 1951. Chances of any per
manent farm legislation this year
are out of the question with the
Brannan plan mired in politics, and
substitute proposals in the seeding
stage.
The insurance plan, insofar as it
relates to perishables, would be simi
lar to the Brannan plan, but with
farmers — through premium pay
. ments—rather than the government
providing the funds for so-called
"production payments."
Under the Brannan plan, if farmer
"A" did not receive parity average
prices for his commodities the gov
ernment would make up the differ
ence by a production payment.
Under the insurance plan, if farm
er "A" did not receive parity aver
age prices the difference would be
made up by an insurance payment.
PROTECT PERISHABLES
Cooley suggested the insur
ance plan for study after express
ing belief federal farm price
supports should be limited to
basic commodities.
This naturally, brought protests
from congressmen from districts pro
ducing perishable commodities such
as dairy products, eggs, poultry, hogs
and similar items.
Before he suggested the insurance
plan, Cooley had said he didn't want
to see the farm support program that
had worked so well for basics
"broken down and destroyed because
of the perishables."
FOOT-MOUTH LAB. SITE
A small island in Narraganseft
bay, Rhode Island, has been se
lected as the site lor USDA's
proposed extension laboratory
facilities for study of the dread
foot-and-mouth disease.
land, located approximately halfway
between the city of Providence, R. I.,
and the mouth of the bay.
The site selected is Prudence is
USDA did not want to locate the
laboratory on any portion of the
mainland. Prudence was one of sev
eral island sites considered by the
department's research advisory corn
mittee on foot-and-mouth disease,
Proximity of the disease in Mex
ico has focused attention on the ani
mal plague that last appeared in this
country in 1929. A joint Mexican
American commission is now work
ing to eradicate the disease in Mex
ico.
ENFORCE OLEO LAW
The budget bureau is request
ing an appropriation of $930,000
to enforce the new oleomargarine
law—a measure effective July 1
and repealing federal taxes on
the butter substitute.
The money would be used by the
food and drug administration for res
taurant inspections to insure that
oleo is not pawned off as butter.
Food and drug administration esti
mated that a one-time check on all
budget bureau is a comparatively
restaurants would cost $5,000,000, so
the $930,000 figure requested by the
HIGHER RATES
While farmers are receiving
lower prices for their commodi
ties, they are—contrary-wise—
paying the same or even higher
freight rates.
This is shown in a report by the
bureau of agricultural economics.
Farm commodity prices have been
declining for the past two years,
while rail freight rates have been
rising. The bureau expects these
conditions to continue.
BAE adds that with prevailing
freight rates, the price-rail situation
is likely to get worse for most agri
cultural commodities.
"ARTIFICIAL" SUPPORTS
A 14-member committee of
farm leaders—the foreign agri
cultural trade policy advisory
committee formed last November
— farm programs
which support prices at "artifi
cial" levels are "nationalistic and
take us back on the road of iso
lationism" because they hinder
world trade.
The committee has submitted a re
port to Secretary of Agriculture
Charles F. Brannan calling for in
creased imports of non-farm prod
ucts and development of a higher
level of industrial employment to in
crease demands for American farm
products at home and abroad.
"Artificial" price supports, said the
committee, lead to "irresistible" de
mands that trade barriers be raised
to keep products of other nations
from sharing in the artificially high
prices they provide; increase difficul
ties of exporting because prices are
above those from competing sources
of supply, and "foster export dump
ing which invites retaliation from
other countries."