Show RELIEF BELIEF FOR THE i SN SMALL 1411 PARI FA RIMER lIER FARMERS nho find themselves short of 0 cash or credit with nith gullich to finance their 1932 crops can borrow money under 1 the reconstruction finance corporation act which provides that fifty million dollars Is mane made available through the secretary 0 ot f agriculture for or crop anane ing loans to farmers fan ners and much more llian hall that bill be aral av allaMe lable it if necessary these loans secretary hyde announces alin v be on an acreage basis and not more than may be borro borrowed ned by any oie nae farmer this money must be used I 1 r t lie purchase of seed and the cultivation all and d harvesting of crops crop and loans me 1 t to 0 be se secured cured by liens upon growing t we think this Is a pretty good arrangement barge ran gement u bent for two or three reasons reason in the cie first place it Is cheap financing tor farmers lar arnier mers sj the interest rate being only me flie nd id one halt half percent in the second place ii 1 Is likely to result in teaching a good many bially farmers how to use credit in the me way may a business mail uses it the I 1 and il of loans with which farmers are alad most st familiar are mortgage loans on the carity of their land and it farmers cne enc rally take advantage of this process t will distribute a large amount of working money throughout all of the agricultural regions and every dollar so distributed tri buted mil contribute many times its own value to the restoration of business activity and the benefit of the community ity in which it circulates we are sorry tor for the farmers of con can cut arid and Penns pennsylvania hanla where state I 1 us prohibit the giving of tells liens upon crops farmers in those states win will not bo be able to take advantage of this new lne ot of credit we understand that local or county rents nants are to be named tor for the handling ot of applications for loans under this new I 1 I 1 lan ian but anyone interested can I 1 0 fand d out 11 ll tilts all about it by writing ting direct tt to the S sec leeary of agriculture at washington TOCK MARKET GAMBLING WE THINK we me are perfectly sate safe in f that the business depression has I 1 scraped bottom and that the ups upswing ivIng ans as begun it Is certain that there Is a I 1 nuch inch great greater er feeling at 0 confidence among i I 1 manufacturers business nien men and bankers than there was a month ago the remedial legislation has been enacted rt washington lias has already had a deep psychological effect upon the business vi nil financial world the best proof that these efforts to put a stop to the process ot of deflation are rei added by men who know about such things as being effective Is the fact act that inen en and institutions of great wealth who ime been holding back their funds avalt waiting to be sure that the bottom botto in had been ached are now act actively liely investing again rut ut on the heels of 0 these InN investors estors tol fol loira iowa an army of speculative sharks activities may succeed in undoing the I 1 eg innings of restored confidence these are the traders at alho ho rush in whenever the lares ares of 0 any corporation show signs of 0 2 bength reng th and buy merely to sell cell again rs soon as they can make a dollar or two I 1 raft rofle the new york stock exchange Is 15 an all important institution in that it fur ur bishes the only open market into undone who mho wants mants to buy or sell securities can go BO to make his sales or purchases hut a large part ot of the trading on the cf change tange Is pure gambling these gam afi liers hers care nothing about the welfare of lite t ie nation they seek only to line their f it pockets and it Is too bad that it li enever there are encouraging signs of i 1 stored confidence that they should i me ime in fit and kill it hy by first running the 1 arket up ill and then when they licit belt to take profits putting it down again we bellegie that these stock gamblers amblers have done more to retard the resumption r normal orinal ii business than hail any other one I 1 v influence we hope that the nation as a allol n hole mill III not lot continue to regard the alar to day fluctuations of security prices on on tue the stock exchange as reflecting any thing more than the operations of pill gamblers but me c are afraid that hat too many people think the nations prosperity Is dependent upon the price ot of stocks which haie lale no more relation to the actual values of 0 the properties behind them today nhen they are absurdly low than they had in 1929 when albert they were mere ridiculously culous ly too high TOSSING rn IN THE BROWN DERBY i ONE or of the chief political assets of I 1 former governor alfred E smith lias has been ills his ability to arouse enthusiasm I 1 those who attended lils ills 1928 campaign rallies 1 ines will iiii remember them as lively it not noisy affairs such stich enthusiasm liow how eer s er seems strangely absent from the reception ghen ghea by democratic party leaders in ton to mr smiths alla announcement no ot of his receptiveness tow toward rd the presidential nomination and yet perhaps not so strangely either for democratic socratic lo members 0 of congress from the various quarters ot of the union immediately picture an at added vehemence given to ithe alie struggle back home oer the selection or instruction of 0 delegates some of 0 these spokesmen recall eulth what difficulty they as ds in dry constituencies labored to keep their tooting footing on the net plank which mr smith four our ears ago added to the party platform and they have no desire to repeat the performance true nearly all the aspirants aspiranti thus tar far prominently mentioned to head the democratic ticket are in varying degrees either wet met damp humid or at at least susceptible to moisture but none unless it be gov cov albert C ritchie of 0 mar hf arland land arouses the expectations of 0 the he liquor camp as being such a splashing ag net act standard bearer as mr smith in fact act many nil believe that the present development arises from the inability ot of the smith raskob shouse phonse faction action to fore orce GOT franklin D roosevelt ito thus bus far the leading contender for or the nomination into a position aggressively net et enough to suit them mr tied a lew few strings to the amendment with mith which he proposes to displace the eighteenth amendment but mr smith Is bhole hole question back eager ag to dump the into the hands of the states to be as net met as they u wish sit or as dry as they can call be under the circumstances it the smith announcement Is an effort clort to stop loosevelt Koo noo sevelt there Is some question vili whether ether it can call effect even that purpose and there Is serious question U whether hether it can really put mr air smith into the running as a prospective nominee the roosevelt forces claim delegates of 0 the necessary to nominate under the tilo thirds majority rule political obber ers sun surveying eying the smith strength in massachusetts InIn illinois new jersey and elsewhere estimate his support at not more than delegates or barely more than halt enough to block a nomination alle are pledged to favorite sons soils including 23 22 tor for governor ritchie the smith supporters may of course count on binning some of the favorite son delegations after the first few ew ballots in any event they believe their candidate offers a rallying rail ing center lor for antl roosevelt forces but it Is not impossible that the shadow or of the lue iron ulius nj serve equally N mell ell in southern and western states to drive hitherto unattached democrats into the roosevelt fold however this may turn out the contest alin be no mild land one southern n newspapers ell s such as the Lou loucille lIlle courier journal consider the lie annoula announcement cement unfortunate and conducive c to brighter prospects tor for president ident aloo cr the birmingham age herald believes the tide of at af lairs fairs has made mr smiths availability highly questionable whether this sentiment extends to other sections of 0 the country may soon be known in the results of the north dakota preferential primary inhere chere governor roosevelt first authorized his name naine to be used and in III that of new hampshire chere former smith men are the backbone ot of the roosevelt support christian sel science elle e n 1 tor tm |