Show BANKS PART IN FARMING how the amer in many sol to work now does a bank help the farmer with the approach of the timo for plowing and planting seeds and fertilizer will bo necessary how can the farmer buy them if tho last season was a poor one ho has spent all of his earnings in running tho household dar ing the laag winter he goes to tho dealer in fertilizer in tho nearest village and asks what is tho price of fertilizer a ton fifty dollars tho dealer replies well I 1 vill need two tons and that will amount to yos take it along now 1 I tho ready cash just now but ob all right I 1 know good for it take it along and give rao your note in four months by that timo your crops will bo yielding n profit tho farmer gives his note the dealer endorses indorses Indor ses it and gives it in payment to tho wholesaler from whom he gets tho fertilizer tho wholesaler bonds it to the manufacturer of tho fertilizer who in turn takes it to his bank and borrows tho money on it less tho interest tho farmer gota hia seed in tho same avay and at the timo of tho expiration of tho notes is able to meet his obligations thus instead ct tho farmer being compelled to wait until ho can get the cash to pay before ho can buy the fertilizer and seed ho obtains them when ho needs them tho dealer instead of having to wait until tho farmer gets the money leaoro ho can sell his goods sells them in abo proper season and receive what is to him practically cash the wholesaler receives from the what is as good as cash to him and th manufacturer receives virtually cash from tho wholesaler how would all this be possible acro it not that tho bankers had collected tho adlo money of other and were ablo lo 10 lend it out to good advantage tho farm would go unplanted cd the ground would go untilled cd thero would be no crops to yield a profit where tho bunk bolpa th fanner new york |