| Show PROBLEM HAR 0 RURAL CREDITS legislation IS 13 NOT 80 60 EASY TO T DEVISE AS HAD BEEN THOUGHT GOES OVER TO NEXT WINTER president wilton wilson consents to post pol ponc pon ment ement after realizing difficulties of the question and differences of opinion in congress oy by GEORGE CLINTON Waa hington two commissions one authorized by the united states government and another tino lher organized sed by tile tho southern Bou thorn commercial congress con greBB went to europe to study the subject ot of agricultural credits their reports wore were voluminous and apparently were wera prepared carefully it Is probable pro liable j that eliat a majd majority rity in congress thought that when those re reports orta had be been ell studied and embodied lit in a bill t JIM last ladt word on oil tile tho sub subject eject had been spoken president wilson hua has consented that rural credits or land bank legislation shall go over until tho the next ie mission selon in ill doing so BO senators nil and i tives bay mr air Vil soll has haa recognized existing conditions lit in congress tile the land bunk bank question it to la urged to Is a mucha harder problem to solve than many anany persons supposed when it was said eald that a n bill once prepared by angly competent authority could be passed with comparatively little do bato bate now a writer of 0 discernment on an tho the subject says hut but tile tho prophets of legislation did not take taka into account tile tho size of 0 tile tho united states nor tile tho fact taht anat EL a system which might work vork lit in a country like germany or franco france might disclose gravo grave defects in a country where one state alono alone is larger than Gerni germany any and france put pitt together moreover the tha people of the united states do not take as naturally to federal aid in their affail as the people of europe and often see nil an embarrassment in federal intervention whore where europeans would see aeo only a help no dill reported by committees for the reasons just glon it seems likely taint a rural credits bai did not come forth lis as quickly lis as it might roul horn the congressional propagating plant thero there have bavo been several hills introduced ono one bearing the names of senator f fletcher of florida and lepro senta tentative tive most aiosa of indiana and which embodies the conclusions of tile tho commission appointed by tile tho govern government no bill au as yet has been reported out of the banking and currency committee of ol thet house or senate in truth the two committees dodged the tha whole subject in a way by appointing a joint sub committee whose duty it 1 was to be to prepare a bill which h would be acceptable accept ablo to the administration differences have arisen among tile the members of both branches over fundamentals senator hollis wants it a national land bank capitalized by the government while moss and thoad who think with him believe that private capital should bo be employed representative bathrick of ohio baa has introduced a bill making the postal bank funds available tor for use by the land banks one ol oi the main questions is how best to organize a s system Y stein that will provide money in the safest and surest way tor for uso use in undeveloped c d regions where profitable farming appears to be possible tho men who belleve believe ln in a thoroughly tederall zed system de claro that money cannot bo be raised tor for tho the development of a country like this except through the government in tho the agricultural regions as aa yet undeveloped interest rates aro are very high and the assertion is that I 1 the rates cannot bo ba reduced unless the government shall shaft be a participant in the transaction decide to adjourn july 10 tho the he i mo crAfa majority in congress has mabb up its mind to bring about adjournment by july 10 it if possible word to this effect was ro received with considerable surprise because coupled with it was tho the word that bome beroe of the legislation which was expected the president would ask to have ii passed asea at this session would toe be put over probably until a more convenient season tile the antitrust anti trust inea measures will be passed by the a caucus of tile the democrats to mako make action a party duty having made the order of the day it Is ia held by tho the administrations supporters that with the tariff the currency and an antitrust anti ti trust measures enacted since mr air wilson came into office the record of legislative achievement will be a sufficiently strong one with which to go before tho the country in the congressional elections when senator kern and other democratic leaders in tho the upper house talked to the president about tile tho possibility of bf an ad adjournment Journ ment early in ill july it was agreed that congress could put through the tolls bolls re peal bill and antitrust anti trust legislation rural credits will be put off almost unquestionably until next winter the tha immigration measure is ono one which some of the congressmen are afraid to grasp because of its thorns and because also they fear that with tho the literacy i test included tho the president roay may interpose bis big veto As to immigration bill this messu e to restrict tiou HOD L imposing the reading test Is VL A this writing on the senate calendar action the and senators who oppose the reading provision in the immigration bill as it was passed by the bousa of re presen tati voil wore were convinced not long ago go that mr air wilson would see bee to it that because of the reading test the measure would not be allowed to become u law opinion in washington how over seems beems to have changed recently and now tile the understanding Is that t mr wilson will put bit bis name to tho bill it if it gets geta to him the southern democratic representatives have little or nothing to fear car from the votes which they cast to help make the immigration bill into law with the reading test incorporated it Is a different story and an essentially different one with those who come front from the largo large cities democrats of now york chicago st louis and other big cities do not like the bill and while most of them voted against it in ill the house it is in said that they fear tho the recoil effects effect of the legislation because it was wag proposed was put through the bouso and may bo be put through tile tha sonata senate by democratic matile the signature necessary to make inako tile tho bill into law would be that of LL a democratic president trade with latin america the first vessel on oil commerce bont has P posed ahr through 0 ugh th the ilan panama a ma c canal a nal john barrett director general of tho the pan ilan american union wants the united to understand tho the great op which are before it for increased trade when tile the canal becomes as it will shortly an active highway lilg liway or of commerce between the two great oc oceans calls mr air barrett per naps blips is tile tho last american authority on nil matters pertaining to tho the trade anil and development of tho the countries on this continent which llo ile to the south of the united states mr air barrett has haa had something to say eay to your correspondent about the increased trade opportunities which wilt will coine to all western america as the result ot of tile the opening of tho the waterway reaching directly south from a line drawn from san diego cal to key west fla said lie ho are 20 countries covering an area of square this Is three times limes the connected area of the united states their population Is approximately this Is deven heven tenths of th the population of the united states and it la Is destined to increase oven r nore more rapidly in the future through immigration and general development than Is tile tho population of this country these 20 countries last year conducted a foreign trade that Is bought and sold bold with tile the rest of tile the world valued at the extraordinary figure of this total Is all tile the moro more impresa olvo when wo we bear in ill mind that it represents the remarkably remarK remar ablo liable increase of lit hi the last ten years should grow even more rapidly inasmuch as commerce is the life of nations these 20 00 sister republics of central and south Ar america nilca can certainly bo be called lusty and full blooded it if they can carry on a trade of per annum before the panama canal Is completed and before the world generally has awakened to their enormous potentialities and possibilities bill la Is it not reasonable to estimate that it will grow to within ten tell or at the outside fifteen years after the canal Is completed and the great eastern and western routes of commerce are swung around to north and south lines as now seems beema inevitable surely prizes of commerce estimated at such figures as these are worthy of the most earnest and persistent efforts of the business interests of america there Is a great deal of nonsense and buncombe about latin americans not caring to with the business men of the united states I 1 do not know of a single american exporter or importer who Is not just na as ready to buy froni from or sell to an american manufacturer or merchant as he be la is to buy from or sell to a manufacturer or merchant of europe provided tile the american can call offer him tho the same advantages as the man from K europe there Is occasionally anti united states talk in some latin american newspapers papers and there are now aind aai then anti american outbursts of political agitators but the rank and file of the business men of 0 latin america tire are not affected by these incidents not monopolized by europe defore before this I 1 have spoken of the great world trade of latta latin america naturally the next question to be answered la Is what is the share of the united states in pan american commerce in answering this question I 1 desire to dispose of several bogle sand fallacies which are too often proclaimed by uninformed writers and speakers it Is not truo true that the ho united states has a small trade with utin latin america it Is not true that the united states Is being distanced by european countries in that field it Is not true that european exporters manufacturers ers and importers are arc monopolizing latin markets to the disadvantage ot of those of tile the united states it Is not truo true that the latin americans prefer to trade with europeans 14 rather than with north america it ills Is not true that there are no good steamship facilities cili ties for trade and travel between tho the united State States sand Nand these countries all these conditions did exist a few years ago but ns as a result of the extraordinary tra propaganda and effort of the pan american union rind and or of the state and commerce departments ot of the united states a vast change has come about and now the trade of the united states with latin america Is advancing so BO rapidly and so satisfactorily that it should be encouraged 10 continue and extend its efforts effar to a still greater degree standing together there are 43 operative cooperative co bacon factories in denmark we have a central tr at organization which Is rather a 8 voluntary association for the mutual benefit of the various operative cooperative co bacon factories the office la is in copenhagen en weekly reports come in from each factory giving the amount killed and lot sold the expense of the business and the market returns received the heads of the various factories meet from time to time to talk over the best business methods and possible improvements in our way ol of handling bacon we give each other the benefit of our experience and think ot of every way possible to heir each other wo we do not feel that we are in any antagonistic lepse rivals we fully believe that every factory la Is helped by the success of the other factories the success of each depends upon the fact that all of the factories are putting out a good product and are dealing in an honest businesslike business like way with the foreign retailers who take our products what hurts one of us hurts all of us we are anxious therefore to help each other in every way since in helping others we are arc helping ourselves our agricultural schools and our government departments help us particularly upon all scientific problems they help us along the technical side of all our work they make experiments and give advice and cooperate with us generally in a thousand ways possibly the most striking thing about the factory Is IF that a group of farmers should run a concern that rivals in efficiency and business methods the larget largest large t and best privately owned packing houses of the world we expect farmers to farm well but we do not expect them to to do business well in america they take what Is given them for the raw product and go no further here they go so far as to get all there Is in it the farmer who raises the pig holds holda to it and keeps it as his property until it lands in the retail shops of england all intervening processes wro under his control and all intervening profits aye are hla his own denmark presents to the world the scientific farm or ir who la is an efficient business man will tho the Amet american ican faram ever at adf UT t |
