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Newspaper
Patoka Register
Location
Patoka, Illinois, United States of America
Date
May 27, 1949
Page
5
Vernon area notices recap weddings travels and visits. Families such as Pope Th ompson Doolen Cooley and Belcher share weekend trips to Champaign Cerro Gordo and St Louis. Rev Olin gives farewell sermon after preaching at the local church.
Government will support the 1949 wheat crop at 90 percent of parity under the 1949 law. Harry M. Combrink states loans and purchase agreements will aid producers from harvest through January 31, 1950, with eligibility for 1949 wheat grade US No 3 or better or US No 4 and 5 by test weight. The exact dollar support level depends on the June 15 parity index.
In a call to action, the writer urges full support for President Truman and Congress to complete the Hoover Commission’s government reorganization. The panel's reports show over 100 government business enterprises. cutting one third could save taxpayers over 3 billion dollars annually. Time is short to curb growth of big government and avoid a drift toward state socialism.
Mr. Combring outlines parity based wheat price support as of April 15 1949 noting a national 90 percent price of about 1.96 per bushel down from 2.00 last year He urges growers to consider either loan or purchase agreement programs explaining storage as a prerequisite and citing a 7 cent storage allowance for longer storage under prior terms.
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