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Show THE OTHER SIDE OF THE PICTURE T. D. Long, publisher of the Mason, Iowa, Journal and Democrat analyzes in a masterly manner conditions in that great agricultural state.1 He tays: '"The people of the middle west, and especially the people of Iowa, have been looking on the dark side of the picture so long that it is time to take a look at the other fade. What Iowa needs is a change of viewpoint, and the way to bring this about it to look at the other side of the picture for a time." Editor Long then stacks up the constructive facts about Iowa to prove that the state is not on the verge of bankruptcy, bank-ruptcy, as many people have been 'ed to believe by the pleas of politicians politici-ans for relief measures to help Iowa farmers- He shows that $98,000 of Federal Reserve loans to Iowa' banks have been reduced to less than $7,-000,000, $7,-000,000, that war finance corporation corpora-tion loans to the banks amounting to $24,000,000 have been completely wiped out, and that private loans by outside banks, amounting to ?50,-000,000, ?50,-000,000, have been reduced to less than $7,000,000.. Banks and trust companies showed increased deposits of $9,378,000 between be-tween December 30, 1925 and April 12, 1926. He then shows 256 manufacturing establishments employing 106,000 persons, with an annual payroll of 690,000,0000, and annual production of $745,000,000. Editors in every state in the Un-on Un-on should summarize the advantages of their own states, pound them home :o their people, and as Editor Long has done, bring about a realization of the great balance of assets which we ave to offset a few minor liabilities. |
