Show WATERED securities dy by peter radford Rac Kord ath M cb has been eald said and more writ ten about the evila evils of watered stock in big business concerns and the farm arm ere ers of thil i cation nation believe that every dollar written into the wo life ot at any business organization should ho be able td i uy y 11 1 I know that wit roy my redeemer but far carmint mint is the biggest business on earth and theta la Is more water vater in its financial transaction than that of 0 any industry ibero I 1 la Is as much water in 0 fanner farmer a e note drawing eight or ten per cent interest when other lines of industry secure tor for four or five per cent pel pei annum ai as there la Is ln in a business pay ing a reasonable compensation upon the face value of lka bedre beating seating an investment of only fitly fifty cents on tile dollar the only daf ference Is the water la Is lo 10 ahr interest int creat rate in one instance and in the cecur joica la in the other tho the promoter ct times takes chances and lila his success Is upon the development of the property in but ot U usurer as a yule tule takes no aco chances and bs his success cripples the property 5 invoked involved there way be industries that cry louder but none that buffer suffer nora severely from fiehn caal immorality tn in both law and cus torn tam than that of agriculture the of america today are paying per tanum in usury on real state estate and cli chattel attel toane loan 11 and this interest at five live per cent cout of at fictitious value values which bich the tana tam er r is I 1 interest on thia sum ot of money L la almost equal to the annual value of crops produced in the united states the earning taming power ot of the tho farmer farmers e noto note bated upon his interest rate very nearly divides likes the HIS earth a it sur fuca ahme rue fourths water and ono one fauna land the 1 no largest bouy of wa WIL ter that floats upon the tho financial hem now resta upon tha the farms and its ates are dashing and its billow billows are rollina against seven mil mit lion homes threatening threat eDing ruin rula and dis astor to the prosperity et of th nation will our public servants 1 who under tand stand how to drain the liquid off in di autrial turn the faucet and let the water off the lama jt it Is an admitted eco economic romic fact that there can br be no permanent prosperity tf without a Pe permanent mAnent agriculture agriculture is recognized a the greatest treat cst of all industries Indue trica and a it ros os avem vem us and agricultural population Is thu surest alyard at yard it clr of 0 |