Show THE BANKS PART IN THE FARM PROBLEM by H LANE YOUNG acce american bankers ton agricultural commission NE ot the most discussed and least 0 understood questions regarding 1 problems it the part the has kaied c Is to in fl R the t er fhe bas of ci operation bekc i the two hoac is sic rie i dea are suba t ta cratl cism nr the con datlo alit exists toda the major share tie blame rests on those H lane young backs blat have tailed through disregarding fundamental plea to loaning other peoples money that have encouraged th faner fan er to expect bank loans without fits putting his business on tha earning basis woich would justify a basic to laid him money one of the underlying reasons for he of so many country banks hai been the existence of too many banks ak th the limited business of tha divided among too many baal it was impossible tor them to make eoila money to justify the employment of officers with the proper ability to 3 naga the bank successfully then the scramble for business wa BO hard that good judgment and foresight wore forgotten in grantlan loans with the resultant failure ot the weaker institutions in tho future banks are not going to loan the money of their depositors without the kind of security that can be immediately realized upon in case the loaa la not paid or unless the applicant presenta 1 a sound and successful record of bulnes 3 operation whether that lushness ba manufacturing or farming farming banal 3 interdependent thia Is a perfidy obvious attitude because country cannot be successfully and profitably carried on unless farming ia successfully and profitably operand tae two busl bessea are depend cal apon each other there Is no longer ya question that the time has arrive 1 tor these interdependent business s to reach a corn mon ground of un standing of the requirements that I 1 k must meet tor their mutual welfare there Is no doub fc t what the future prosperity of tl farmer and the bala of cooperation tween banker and larmer Is the in s eisent ficat fon of crops it 1 r cussary bow everi to have the rig it conception of diversification the mistake that many farmers have made in attempt v to diversity has been to invent too much money time and land la a new and untried crop sometimes a hazardous crop or one tor which no amm diate market has been developed in a loss of the initial effort am discouragement of future efforts on a store con basis disregarding be primary and essential principle ot farming namely increasing earnings by decreasing tha cost of production through the practice of building up soil by crop rota alon and intensive cultivation is responsible tor a large share of the farmers trouble today |