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FIGURE 6.-Premiums, expressed in percentage of insurance coverage, that would be necessary to cover wheat crop losses on 75 sample farms in Frederick County, Md.

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Based on data in table 5 for premiums that would be necessary to insure yields up to 75 percent of the average yield on the insured farm. The premium is the average of the crop loss experience of the individual farm and the crop loss experience of the county. It covers only the cost of meeting crop losses with no loading for administrative costs.

TABLE 6.-Tentative county figures for the average annual loss per acre (in bushels) to insure the wheat crop up to specified percentages of the average yield on the insured farm

[County figures are based on data from sample individual farms for the years 1930-35 and are subject to adjustment]

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TABLE 6.-Tentative county figures for the average annual loss per acre (in bushels) to insure the wheat crop up to specified percentages of the average yield on the insured farm-Continued

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TABLE 6.-Tentative county figures for the average annual loss per acre (in bushels) to insure the wheat crop up to specified percentages of the average yield on the insured farm-Continued

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TABLE 6.-Tentative county figures for the average annual loss per acre (in bushels) to insure the wheat crop up to specified percentages of the average yield on thə insured farm-Continued

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TABLE 6.-Tentative county figures for the average annual loss per acre (in bushels) to insure the wheat crop up to specified percentages of the average yield on the insured farm-Continued

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RESOLUTIONS ADOPTED ON DECEMBER 3, 1936, BY REPRESENTATIVES OF WHEAT PRODUCERS AND PRESENTED TO THE SECRETARY OF AGRICULTURE AS CHAIRMAN OF THE PRESIDENT'S CROP INSURANCE COMMITTEE

1. It is moved, seconded, and carried that we recommend to the general body that it resolve itself into a formal conference body to be known as the Wheat Conservation Conference, and that it solicit the participation of all interested agricultural groups.

2. It is moved, seconded, and carried that we recommend to the general body the adoption of broad general principles which we may insist shall underlie any legislation proposed to or in Congress covering crop insurance or crop conservation for wheat; and that the folllowing be accepted as outlining such fundamentals: As an implement to establish farm programs, the President has created and directed a Crop Insurance Committee to study the farm problem, to consult with farmers or their representatives, and to report to him a program for legislative consideration which may provide increased assurance of: A. Equality of social security for agriculture.

B. An ample supply of food and fiber to meet the full need of our Nation. C. Relief from the devastating influences of violent swings of farm prices resulting from abundance at one time and scarcity at another.

As the result of rugged agricultural individualism and an archaic system of distribution, society has suffered an irreparable loss, through a low standard of living for the farm family, and the erosion of farm land and the destruction of improvements. The social loss is incalculable.

Because of lack of plans, and plans declared unconstitutional, the taxpayers have been required to pay hundreds of millions of dollars into the Federal Treasury to provide many types of agricultural relief to bankrupt farmers-subsidies in many forms. Some of these subsidies may be listed as including those for feed, seed, doles, made work, charity, and what not.

In lieu of the many subsidies presently being paid from the Federal Treasury agriculture desires, as apparently the President also desires, that as soon as possible a business plan with a lesser annual cost to the taxpayers and with a fair deal to the farmer may be devised and applied as an implement to those farm programs now in effect.

The more important farm programs now available are:

A. The Soil Conservation and Domestic Allotment Act, which provides income to participating farmers for agricultural conservation and for some degree of production control.

B. The Commodity Credit Corporation, which has the funds and the power to make loans upon stored agricultural commodities for the purpose of increasing farm income by attempting to create fair prices.

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