The Rural Voice, 1986-06, Page 55FARM AND
COMMERCIAL
BUILDINGS
Kase Vanden Heuvel
Construction Co. Ltd.
Kase Vanden Heuvei
524-9176 or
R R 2 GODERICH
Ken Janmaat
5271858
SEAFORTH
latter 6 p rn
LOBE'S ONE OF ONTARIO'S
FASTEST-GROWING KUBOTA DEALERS
KUBOTA
We have the complete Kabota line ...
8 h.p. to 100 h.p.
The dealer does make the difference
H. LOBB & SONS LTD.
BAYFIELD ROAD, CLINTON
519-482-3409
Fred Lobb
Joe Lobb
54 THE RURAL VOICE
NEWS
Parity pricing
of raw materials
Parity pricing. Some people
swear by it. Some people swear at
it.
For some it is a solid answer to
the problems in agriculture and the
whole economy. For others, it is an
intangible — perhaps a good idea
but impossible to implement.
The National Organization for
Raw Materials (NORM) has called
for the parity pricing of raw
materials as one of its primary
goals. NORM was first established
when Carl Wilken, an economic
analyst, and Charles Ray, an in-
dustrial engineer, embarked on a
financial fact-finding project for
President Franklin D. Roosevelt.
Their research discovered the
"1-1-7" formula, in which each
dollar of agricultural income
translates into one dollar for fac-
tory payrolls and seven dollars in
national income.
NORM was specifically formed
to further research and education
and to create public awareness
about (1) the impact that income
from raw materials has on the
general well-being and (2) why
equitable prices for raw materials
are essential in maintaining a
stable, solvent, and well-balanced
economy.
A Canadian branch of NORM
was established in 1985. Otis
McGregor, former secretary -
manager of the Ontario Soybean
Growers Marketing Board, now
serves as executive director of
NORM Canada.
In a recent brief to the Institute
of Agrologists Task Force, the
organization recommended:
• That through legislation a basic
price structure of all primary sup-
ply products such as grains,
potatoes, and meat, which are
basic food products, be priced cor-
rectly at a predetermined cost -of -
production formula.
• That there should be no limit on
production, but that producers
should only be able to sell what the
domestic and export markets could
absorb. Production quotas or
marketing certificates should have
no value.
• That any excess production
should be stored at the producer's
expense.
• That imports of products, under
the Economic Stability Act, should
be priced at 10 per cent over the