| Show I I I SECRETARY WALLACE ON FARM PROSPECTS Year 1922 Should Be Better Ore One for the Farmer Money Conditions Are Improving and Reduced Freight Rates Lighten Transportation Burden Burden- Prices Hit Bottom Prepared by the United States Department of ot Agriculture When asked for a statement on the prospects of the farmer In 1 1922 1032 2 Secretary Secretary Sec of Agriculture Wallace said that no man whose whoso opinion Is worth considering would care to make any hard and fast prophecies He added however veyer that there are signs which Indicate that the coming year should be a n better one for the farmer and for those who nho bo deal with him than was 1921 Amon Among these hopeful signs he mentioned the following Credit conditions are better both through regular channels and through the special agencies created to meet the farmers farmer's needs Interest rat rates s also aiso are softening soften Reductions already made In freight rates on farm furm products lighten by that much the transportation burden which the farmer has been carrying Cost of producing farm crops will willbe willbe be lower relatively In 1922 than In 1921 The paral paralyzing effect of the sudden drop In prices last year Is wearing off oft and farmers will enter the new year more hopefully believing that the worst Is over oyer Congress has indicated a willingness willing willing- ness to enact such legislation as promIses promises promises prom prom- to be helpful Farmers are coming to see more clearly that the task of putting farmIng farming farm farm- Ing on sound business basis Is 19 really up to them and that through organization tion they can reduce marketing costs In this they will have Increasing help from the Department of Agriculture and the various state agricultural colleges colleges cot col col- col leges which h now see better than before before before be be- fore that they must give the farmer the same sort of ot help In the marketing of his crops that they have been giving In ing him In the production In the Industrial and financial centers centers centers cen cen- there Is coming to be a n better understandIng understanding understanding un un- un- un of the Important part the tho farmer plays In our general economic scheme and consequently a decidedly more morn Intelligent and sympathetic attitude attitude attitude at at- toward him and his problems Everything considered therefore we can enter the new year In a spirit of hopefulness and good cheer I see nothing which Indicates boom times for the fanner farmer In the near future but there does seem to be bo promise of better times both for the farmer and for those whose business Is largely dependent upon him |
