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MORE TROUBLE

AMERICAN PLAN ECONOMIC RECOVERY PRICES TO FARMERS EFFORT TO INCREASE PROPOSALS REJECTED By Telegraph—Press Association—Copyright (Received November 5, 6.35 p.m.) WASHINGTON. Nov. 4 Various interesting developments occurred to-day in connection with the American plan for economic recovery, probably the most important incident was the failure of the State Governors' Conference with President Roosevelt. At 'this conference a gigantic marketing agreement under the Farm Act, covering the major farm commodities" in the Middle-West was proposed. This new price-raising scheme would bo an agreement under • which the farmers would be guaranteed a fixed price for their products based on "parity" levels. It was designed to give products the equivalent of their "pre-war purchasing power. The farmer would agree to curtail production in future years, according as ( the Department of Agriculture found it necessary to fit the supply and demand situation for each commodity.

Neglect of Farmers Alleged i Subsequently the President issued a statement expressing grave doubts concerning the legality or effectiveness of the farmers' proposals. However he invited the Governors to further conferences. The Governor ( of North Dakota, Mr. Ty. Langer, stated:—"The conference a 100 per cent failure. I am very disappointed and disgusted. The farmer is a forgotten man. Everybody else has been here before him —the banker, insurance man and railwayman—and they have got all the money. There is nothing left for the farmer." The Governors have left for their homes. Press despatches from the various States concerned indicate the possibility of a widespread farmers' strike The Holiday Agricultural Adjustment Administration announces further purchases of 300,000,0001b. of cured pork products for relief distribution, to supplement the 100,000,000 lb. now in process of distribution. This is expected to have an ameliorative effect on the condition of tho raisers of pigs in the Middle-West.

Mr. Ford Arouses Indignation Mr. Henry Ford's relationship with the N.R.A. again came to the fore following upon the announcement that he proposed to lay off 9000 men for a week in order to reduce the average of the working hours to 35, as provided in the motor industry code. The Ford Company, in a statement said it was taking this mandatory step "in compliance with the new prohibition against work in this country." This plainly angered the N.R.A. administration. News from Detroit states that the die-makers' strike has been abandoned and 1000 strikers in 29 shops are expected to return to work on Monday." The "captive" coalmine strike in three States apparently is in the process of a compromise, but a new threat to coalmining occurred to-night when ,a call was issued by the T nited Anthracite Miners of Pennsylvania for a general strike on Monday in order to force recognition of the new union. It is reported that 60,000 workers are affected

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19331106.2.65

Bibliographic details

New Zealand Herald, Volume LXX, Issue 21641, 6 November 1933, Page 9

Word Count
459

MORE TROUBLE New Zealand Herald, Volume LXX, Issue 21641, 6 November 1933, Page 9

MORE TROUBLE New Zealand Herald, Volume LXX, Issue 21641, 6 November 1933, Page 9

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