Show DAILY DAIL Y HASKIN LETTER LETTE LE j 1 RURAL CREDITS T II Helping the Farmer farmer in the Past 1 It lon long ago became evident to those who looked beneath the surface of or things that something needed to be he done dono if It the agricultural aorl- aorl cultural interests of ot the tIle country were to tok k keep ep pace with Hh its oth other r Interests t Population Population Pop Pop- has lisa been sro growing ln by leaps and bounds Industries have been expanding with unprecedented rapidity and the de demands demands de- de mands for all the things thinG'S that thal tho the fanner farmer can produce have born been increasing in a sort of or geometric ratio In the tho da days 5 of ot Washington six ninety lx out of every overy hundred hundred hundred hun hun- dred people in Iii the country countr were engaged ed edIn In lii a agricultural pursuits today only fifty fifty- two out of or a hundred arc are so o en engaged Then the sold directly to the consumer and got sot till alt of the consumers consumer's dollar dolla r when lie le spent it for Cor or food today An an extensive c and system of ot distribution has been established l whereby the tIme farmer according to the experts expert gets sets only 25 35 cents out of ot each dollar th the consumer spends for or his hla food The result Is that farming despite all nil the word pictures s to tho the contrary for tor tho the vast majority of or farmers la is a 0 most un- un remunerative calling as well as ono onn re requiring ro- ro quiring very lon long hours and much hard work The farmer must be bo content with the poorest of ever everything Tho The poorest preachers fill hl his pulpits the poorest teachers are arc It ro employed emploY d In his hi schools chool the tho I poorest roads am aro arn the ones he ie must filiaL travel He lie receive t less remuneration for the lie hours he lie works than llian any Rny other Individual II In the body hody politic His Ills children realize all this till better hetter than he does 1008 and consequently conse I qu nth thc they sc seek k the time city In increasing numbers as urban living conditions for tor forthe forthe the average man Improve An Arm illustration of what farming actually actual actual- ly Iy means to the majority of ot farmers IH is illustrated b by a bright paragraph in the leading It dall dally paper of or the Shenandoah vallo valley of Virginia lnla a R. re region lon for forIt UK lt It farms and farming A state normal school ha has lias h hll ll an u agricultural source and tho time paper asks Does Doea Mr Ir I Fergusons ons on's source In a agriculture a at l tho tue state st. normal Include rh rising at 4 o'clock getting breakfast for the fn family an 11 feeding the tho chickens and und swine getting children read ready for school churning washing Fu gardening gar ar honing denim carrying water putting up fruit and vegetables getting dinner and supper sup per putting the children to bed heel making makinI and und mending their clothes and then lunIng having hay hav ing log nothing II to do ulo until tom tomorrow h. h LaCK financial Ability The re result of conditions such l a as aru are In Indicated indicated In in- In this lueI query has been beet that the decreasing number of farmers In proportion proportion tion to population has offset nearly everything every every- thing that has been done In the direction of ot Improved P J agricultural methods It hUll hii long Ions been hoped that the special education o of the tIme farmer would supply the tho deficiencies deficiencies cies des of ot farm life life- It Is true that thal uch luch special Instruction has han enabled e many farmers greatly to increase tho the annual production of or their farms But the great majority have havo not had the financial abilIty ability abil ability ity to utilize the knowledge and HO so they havo have been forced forc d to continue along In Inthe Inthe inthe the same old rut of life Ufe with a bare existence exis exis- tence ns as their portion The Inability of or the tho average farmer to utilize under his present hampered financial loan finan cia cial condition tho tIme lessons of or progressive a agriculture Is Illustrated by the tho fact that although there are man many thousands of farmers who now grow thirty bushels of or wheat where they thew formerly STew grow fifteen per aero acre yet Jn In 1910 the average farmer fanner was growing only 17 bushels to the acre more moro than In ther years the years and 1885 Likewise while there arc are hundreds hundred of thousands of or farmers who havo have In Increased increased In- In creased their per acre yield of corn from 1 I tort rort forty bushels to eighty bushels yet the uVera average e farmer toda today gets a crop yield only two bus bushels heiR greater to the acre than ho was OilS getting a quarter of a century ago Various methods have been lIeen proposed In the past pait to remedy the financial helplessness help help- of tho time average a farmer armor as aa It is Indicated b by his wheat crop of ot fourteen bushels to the acre and his corn cr crp Jp of ot twenty seven bu bushels One of heso hoso methods was as that of or allowing national banks to loan money mone on real estate This proposition was repeatedly proposed In In years C rs goro b by but the f federal deral government govern ment has continued continue for fOl oi many a year Jt Its discrimination a against tho chief asset of tho the farmer his land It has been blen d dout out that the tle banking In laws o of the put post not only have discriminated j negatively nes H against tho farmer armor but positively as well wel Under thc theae laws Ins t th country bank must hold 15 5 per cent of or its demand liabilities mainly deposits In cash It ml may redeposit t three fifths firths of ot this reserve reer with the city bank which acts as all its reserve agent gent and this bank in turn must hold one-fourth one of ot Its demand liabilities in cash and is empowered empowered empowered em em- powered to redeposit one half of or this with the tho banks of ot tho the big cities clUe New NewYork NewYork York St. St Louis and Chicago Large Cities Aro Are Benefited The effect of ot this has been to send no small part of ot the money of or the tho country banks to the tho big bl- cities clUes The result is It that thal in times time of ot urgent demand the money that tho the country bank ought to toha ha have havo 0 at nt homo home for tor Its own people la is being used b by Wall Vail street and the needs of ot tho the patrons of ot tho the country bank cannot be met mel It has proved in operation a 8 system stern s 's tern tem that carries the tIme money of ot the country coun try out of Its natural avenues of or circulation ion tion and ond into Wall Vall street for Its uses It Is IR not believed by ninny many of those who have Investigated tho subject that It would be possible to make over the present banking system to meet meat the financial financial finan finan- cial clai needs of the agriculturist Even a proposition to make available n a a. quarter o of ofa a billion dollars for or loans on real estate would not to their minds meet tho the situa tIn tion The Tho farmers of time the country owe over or of ot which bleh U ii f fIs out Is secured b by real reaf estate a a. f. f 0 of of a a. billion dollars I coul h. h It t is 18 pointed d out begin to tak take this care Summed although vi l up h much a aa all h ha bas b. b In m the tho United direction of or the tie promotion of or Blates th tho In t t tural Inter interests of tho time nation the ag have havo been but a small resul Percentage r the thc they ml might ht wh boo bo The Time t school hooi h brou brought ht a fair degree of education fJ Ii to in t children and under tho present t ward revamping It and making th the In Ing of ot agriculture Its s principal i t ta c Object promises to prove a groat help Farmer Fanner Stands Small Chancol Chance anco Likewise th the tho Propaganda of ot the thO ment of or agriculture deP I lia lias been t ot of In Jn what has lias great been lIcen and since tho the b accomplish bl beginning of or farm fan WOJ work It Jt ha has opened up nsw new dent The Tho example of or the farmer In a R. community ha has caniS valuable lesson am and brought rZ some HOrne me ret r to his average neighbor But Bot afU what l profits knowledge If It the the after aeter I applying It are aro wanting The farmer farmer- an annual Income In th tho gmo gross of or however impressed ii he lIe may maT t bj be I 01 the advantages ad of scientific stands small chance of or making a su IU auer at al It when he can cam save nothing from farm operations and who nhe has ham aval available able credit through which tote to au nu the tho Improvement that arc are needed to cast cai his methods of or ra farming farming It is contended that if It ho hm be with money lOoney upon fair t terms and aM w sufficient time to repay It t ho will th then i able to profit by the lessons th the de deN ment of agriculture offer otter him Furu more Jt It t will foster the back bock to the f fa a movement mo that Is IR regarded as on ono OM of or of best stops that could b be taken laken Jn In Ani Am ml can C'an life B By enabling the son of a 8 n am farmer to bu buy a farm farro on terms that do forecast for fort foreclosure It jt will prevent tl th lb sands from drifting to the city and the same samo time will encourage the Tel ret of or other thousands who hav hay sated J th thu selves with dt city life and are deterred f rl fu returning to tim the farm tarm only by the kru kno edge that they thy are not able to buy bun buyat af ff under present credit conditions Tomorrow I RURAL CREDITS III Tho The Tho American Commission |