frsbog_mim_v35_0553.pdf

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 1/6

C 0 £ Y  X-7020

DEPARTMENT  OF AGRICULTURE

Washington,

  D.C.

November  9, 1931

Hon.  Eugene Meyer,

Governor

  of the

  Federal Reserve Board,

Washington,

  D. C.

Dear  Mr.  Meyer:

For

  some time

  I

  have "been emphasizing

  t h e

  fact that

  in the

long  run a  sound policy  of  land u t i l i z a t i on  i s a  necessary basis

of a  prosperous ag ri cu lt ur e. Emergency condi tions  of the  past

several years,  due in  considerable part  to the  lack  of an  adequate

land policy, have strengthened  my  conviction.

After  due  consideration  I  have decided  to  c a l l  a  conference

where  I may  discuss this subject with members  of the  Association  of

Land Grant Colleges  and  Univers i t ies , S ta te of f i c i a l s , representa t ives

of

  farm organizations, railways, mortgage

  and

  insurance companies,

banks,

  and

  other organizations primarily concerned with

  t h e

  land.

  I

believe

  i t

  possible

  t o

  make substantial progress toward

  th e

  develop-

ment  of a  long-time policy  of  land u t i l i z a t i on ,  and  also  t o  consider

helpfully some  of the  immediate land problems growing  out of the  present

emergency.

The

  three days, November

  19 to 21

  in cl us iv e, immediately

following  t h e  meetings  of the  Association  of  Land Grant Colleges

and  Universities appear  to be a  favorable time  t o  hold  th e  conference.

The  Executive Committee  of the  Association  h as  expressed approval  of

th e

  proposal

  and has

  authorized

  t h e

  collaborat ion

  of the

  Association

i n

  ca l l ing

  th e

  conference, which w i l l convene

  a t t h e

  Stevens Hotel,

Chicago.

I am

 wri t ing

  to say

  that

  we

  shal l

  be

  very glad

  t o

  have

  you

or any of

  your colleagues

  of the

  Federal Reserve Board present

  a t

th e  conference,  and I  shall also appreciate  i t i f you  wil l bring  the

conference  to the  a t t en t ion  of the  o f f i c i a l s  of  each  of the  Federal

Reserve Banks.  You  wi ll understand,  of  course, that  t h e  United States

Department

  of

  Agriculture does

  no t

  have funds available

  f o r

  paying

  the

expenses  of  those  who may  at tend.

For  your information  I am  inclosing  a  copy  of the  tenta t ive

program.

Sincerely yours,

Inclosure

(S)  Arthur  M.  Hyde

Secretary.

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 2/6

5 5 4

C O P Y X-7020-a

(ReVialtih

  of

  11-6^31)

Tentative Program  of  Proposed Conferences  on  Land Utilization

Chicago, November 19-21,  1931

Fi r s t  Day,  November  19

Forenoon,  9 A. M. to 12 N.

LAND UTILIZATION  AND THE FARM PROBLEM

Presiding,  R. A.  Pearson, President, University  of  Maryland  an d  Chairman,

Executive Committee, Association  of  Land Grant Colleges  and

Univers i t ies .

1. The  agricultural outlook  an d  agricultural planning, Nils  A.  01sen,

Chief, Bureau  of  Agricultural Economics

2. The  place  of  Federal reclamation  i n a  National land policy,

Elwood Mead, Commissioner  of  Reclamation, Department

of the

  Inter ior

3 .

  Relation

  of

  Land Utilization

  to the

  general objectives

  of the

Federal Farm Board,  J.C. Stone  ,  Chairman  cf the Federal Farm Boazd

4 .  Developing  a  national policy  of  land ut i l iz at io n, Arthur  M.  Hyde,

Secretary  of  Agriculture

Afternoon,  2 P . M. - 5. 30 P . M.

LAND:  ITS USE AND  MISUSE

Presiding, Charles  E .  Hea rs t, Vice Pr es id en t, Nat ional Farm Bureau Federation

1 .

  Extent

  and

  emergency character

  of the

  problems

  of

  submarginal

land, Thomas  P .  Cooper, Dean  an d  Director Kentucky Agricultural

College

2 .  Land Ut il iz at io n  i n t h e  western range country, William Peterson,

Director  of  Extension Utah Agri cu lt ur al College

3. The

  program

  of New

  York State

  f o r

  handling submarginal land,

C. E.  Ladd, Director  of  Extension, Cornell University

4 .  Some ways  of  dealing with  t h e  problems  of  submarginal land,

L. C.

  Gray,

  In

  Charge, Division

  of

  Land Economics,

Bureau  of  Agricultural Economics.

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 3/6

555

X-7020-a

2

Ten-minute discussions

1 .

  Homestead

  and

  other policies affect ing

  t h e

  u t i l i z a t i o n

  of the

public domain,

  A. C.

  Hardison, Fruit Grower

  and

  Vice Presi-

dent

  , Tax

  Payers

1

  League

  of

  California

2. An  economic classification  of  land  a s a  "basis  of a  u t i l i z a t i on

program,

  L. E.

  Schoeneman,

  i n

  charge

  of

  Land Economic Survey,

Michigan Department

  of

  Conservation

3 .

  What methods should

  be

  employed

  t o

  take submarginal lands

  out of

agricultural production?  H. W.  Mumford, Dean  and  Director,

I l l inois College  of  Agriculture

rive-minute discussions from

  th e

  f loor

Evening.

  7 :30 - 10 :30 P.M.

THE

 PLACE

  OF

 FORESTRY

  IN A

 NATIONAL LAND UTILIZATION PROGRAM

Presiding,

  L . J .

  Taber, Master

  of the

  National Grange

1 .

  National economic

  and

  social objectives

  i n

  forest policy,

Raphael

  Zon,

  Director Lake States Forest Experiment Station

2 .  Land ut i l iz at io n  and  conservation, George  D.  Prat t , President ,

National Forestry Association

3 .

  Fi t t ing fores t ry into

  a

  general program

  of

  land u t i l i za t io n ,

Major

  R. Y.

  Stuart , Forester,

  U. S.

  Forest Service.

4. The

  coordination

  of

  State

  an d

  Federal efforts

  i n t h e

  development

of a  land utilization program, Cully  A .  Cobb, Associate Editor,

Progressive Farmer  and  Southern Rural st

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 4/6

556

X-7020-a

- 3 -

Ten

  minute discussions

1 .

  Making forests contribute

  t o a

  more st ab le ag ri cu lt ur al prosperit y,

Bradford Knapp, Pre si dent , Alabama Ag ri cu lt ur al College

2 .

  Cooperation among forest owners

  i n

  making forestry more profitable,

Joseph Hyde Pratt, Executive Secretary Southern Forestry Congress

3 .

  Turning submarginal crop lands within

  t h e

  farm

  t o

  woodlot uses,

James Fowler, Farmer, Soperton, Georgia

4 .

  What

  a r e t h e

  p o s s i b i l i t i e s

  of

  pr ivate refores tat ion?

  S. T.

  Dana,

Dean University

  of

  Michigan School

  of

  Forestry

5 .

  Along what lines should

  t h e

  public acquisition program

  be

  amplified?

Earl

  C.

  Smith, President Illinois Agricultural Association

Five minute discussions from

  th e

  floor

Second

  Day,

  November

  20, 1931

Forenoon.

  9 A . M. - 12 M.

READJUSTMENTS

  IN

  TAXATION MADE NECESSARY

  BY

  CHANGES

  IN

LAND UTILIZATION

Presiding

  - Dr .

  Arthur

  W.

  Gilbert, Secretary National Association

Commissioners

  and

  Secretar ies

  of

  Agriculture

1 .  Fiscal problems  of  local communities resulting from changing

conditions  of  land ut i li z a ti on , George  F .  Wehrwein,

Professor  of  Economics, University  of  Wisconsin

2 .  Adjustments  f o r  greater economy  i n  local public expenditures,

John

  C.

  Watson, Illinois Agricultural Association

3 .  Replanning public in st it ut io ns  on th e  basis  of a  land u t i l i z -

ation program, Ralph Compton, Professor  of  Economics, Yale

University,  and  formerly Research In ve st ig at or , Department

of  Taxation  and  Finance,  New  York State

4 .

  Changes

  i n

  taxat ion requis i te

  f o r a

  sound program

  of

  land

utilization, Eric Englund, Assistant Chief Bureau

  of

Agricultural Economics

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 5/6

5 5 7

X-7020-a

4

Ten-minute discussions

1 .

  Should other industries help tear

  t h e

  financial "burden

  of

  main-

taining  a  ru ra l c iv i l i za t ion?  C. V.  Gregory, Editor,  th e

Prairie Farmer. Chicago

2 .  Redistr ibution  of the  r espons ib i l i ty  f o r  local public services

between State  and  local governments, Fred Brenckman,

Washington representative,

  The

  National Grange

Five-minute discussions from  t h e  f loor

Afternoon

  - 2:0 0 - 5:30 P.M.

ADJUSTMENTS  IN  FARMING-  IN THE BETTER FARMING AREAS

Presiding  - C. E.  Huff, President Farmer's National Grain Corporation

and  former President Farmer's Educational  and  Coopera-

tive Union

1 .  Soil conservation  a  major problem  of  agricultural readjustment,

H. G.

  Knight, Chief,

  U. S.

  Bureau

  of

  Chemistry

  an d

  Soils

2. The  Outlook  a  basis  f o r  adjustments  in t h e  b et te r farming area s,

H. R.

  Tolley, Director Giannini Foundation, University

  of

Calif orni a

3 . A reg ion al approach  t o t h e  problems  of  farm reorga nizat ion,  C. L.

Holmes,

  In

  charge, Division

  of

  Faro Management

  and

  Costs,

Bureau  of  Agricultural Economics

4. How can

  mechanization

  and

  scientific management strengthen

  the

competitive position  of  American agriculture?  M. L.  Wilson,

Chairman Department

  of

  Agricultural Economics, Montana

Agricultural College

5 .

  What

  i s t h e

  future role

  of the

  small farm

  and by

  what methods

can i t be

  made

  to

  hold

  i t s own i n

  world compet ition? John

D.  Black, Professor  of  Economics, Harvard University, Chief

Economist, Federal Farm Board

6 .  Helping  t h e  farmer translate economic information into action,

C. W.  Warburton, Director  of  Extension Work, United States

Department

  of

  Agriculture

Ten-minute discussions

1 .  So i l c lass i f ica t ion  a  basis  of  agricultural adjustments,  J . C.

Lipman, Dean  and  Director ,  New Jerse y Agr icu ltu ral College

2.

Greater eff iciency  i n  agr icu l tu re  a s a  sound National objective,

W. J .  Kerr, P resident Oregon Agr ic ul tu ra l College

7/17/2019 frsbog_mim_v35_0553.pdf

http://slidepdf.com/reader/full/frsbogmimv350553pdf 6/6

  5 ±

X-7020-a

5 5 8

FiVe^mjnute di s c o s ions from

  th e

  f loor

Evening,  t . 3 0 P. M. - 10.3 0 P. M.

CREDIT PROBLEMS  IN THE  READJUSTMENT  OF  LAW  UTILIZATION

AND FARM ORGANIZATION

Presiding  - C. 0.  Moser, President National Cooperative Council

1 .  Functions  of  farm mortgage agencies  i n  agricultural readjustment,

S . J .

  Westbrook, Vice President, Aetna Insurance Company

2. The  management  of  farm lands held  by  credit agencies, Elbert  S.

Brigham, National Life Insurance Company

  of

  Vermont

  and

  formerly

member  of  Congress from Vermont

3 .  Providing credit  f o r  needed readjustments  i n  land ut i l iz at io n

and  farm organization, Norman  J .  Wall, Bureau  of  Agricultural

Economics

4 .

  Strengthening

  th e

  country bank

  as an

  essent ial par t

  of the

  rural

cr ed it st ru c tu re , Nathan Adams, Presi dent F i r s t National Bank,

Dallas, Texas

5 .

  Increasing

  t h e

  usefulness

  of the

  Intermediate Credit system

  as a

supplement  to t h e  country bank, Wood  Net he r land, Presiden t

Federal Land Bank  and  Intermediate Credit Bank,  S t .  Louis,

Missouri

Ten-minute discussions

1 .

  Broadening

  t h e

  debenture market,

  B. H.

  Thompson, President,

Federal Land Bank, Springfield, Massachusetts

2. How the  country bank  can  inf luence  th e  farm production program,

J .

  Phil Campbell, Director

  of

  Extension, Georgia Agr ic ul tu ra l

College

Five-minute discussions from  t h e  floor

Third  Day

A

  NATIONAL LAND UTILIZATION PROGRAM

(Summaries  and  conclusions)

Presiding, Arthur

  M.

  Hyde* Secretary

  of

  Agriculture

1 .  Submarginal lands

2 .

  Forests

  an d

  other nonagricultural uses

3 .  Taxation

4 .

  Farm reorganization

  and

  soil conservation

5 .  Mortgage credit

6 .

  Intermediate

  and

  short term credit