The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1881-02-18
Reported for The Agis and Latelligenee'
Deer Creek Farmers Club.

On Saturday, February 18th, the Deer Creek
Farmers Club met ut the residence OF MIR. X.
Harris Archer. There were present oil the
active members, except Judge Waters and Mr..
Fulford, and as visitors, Messrs. Henry Wilson,
Harry Wilson, George X. Glasgow and Dr. Ma
graw. After looking around MIR. Archers place
the club was called to order and the committee
of inspection made their report, through Mr.. g.
b. Silver, chairman. Mr.. Silver thought the farm
q frst-class one, and managed in II tirst-class
manner. There were a fine dwelling and large,
convenient barn, with cistern in the upper cor
ner which gave steady supply of water to the
barn yard by natural flow. His other outbuild-
ings were in good repair as well as his fences
Mr.. Archer had some fine wellcured hay, bright
straw, and sweet dry fodder; also his 81 head of
cattle were of good quality and In good order
He had a very fine yoke of Short Horn oxen and
two nice looking young mules, which were for
sale. Since the club last met there Mr.. Archer
had improved his fences and driyeways, which
adds greatly to the appearance OF the place.
There were some fine young trees set out lately,
but the committee would suggest that MIR. Ar.
cher fiji better place to winter his rollers and
stoves than under the broad canopy.
The question "Would farmers be benefited by
q bank in Hartford Countyy was next discussed
Mr.. Archer said If we had bank, governed
by sound principles, no doubt we would be ben,
Gifted. We would have to look to the monied
men to take the stock, and the Bel Air lawyers
would give us trouble, as bank would break
up their little system of charging bonus on
every loan If the man who has money to loan
would lend directly to the borrower, it would be
better for both parties. Suppose farmer did
not have any money to pay his hands for thresh-
ing his wheat. He probably could not get any
for 30 days and his hands would have to wait
that time whereas if there was bank he might
borrow the money and pay them. Ifyou would
go to a lawyer he would not let you have II for
less than one year, and then would charge you
good round bonus. On the other hand If it is
easy to get money, sometimes men go deeply in
debt, but every business man should be n judge
of that.
Mr.. Rogers thought bank in our county
would be very great advantage He would
much prefer to 20 to bank to get note dis
counted and to borrow money on his own notes
than to an individual. 1t would do away with
n great deal of embarrassment.
Mr.. VIM. Hays thinks the community would
be greatly benefited.
Mr.. Munnikhuysen said county bank would
be great benefit to the whole county. The
greatest trouble would be that the lawyers
would buy up stock enough to control the bank
and make us pay big interest If the stock
could be scattered among the farmers it would
be great advantage.
Mr.. Janney said banks are mutual. If the
community takes care of the bank the bank will
take care of the community. A great many
farmers keep their money in their houses
Money should always be kept in bank. If mon
ey Is laid away the people lose the use Of il
but the less money farmer borrows the better
off he is. 1t is not safe to borrow money TO i'm
prove his farm, but sometimes it is very great
advantage to borrow money. No doubt banks
are very beneficial. Stock should be owned by
farmers. Every man should keep bank ac-
count ; then he can get more favors from bank.
Mr.. George Flnney thought bank would be
great convenience. Often il would be great
help for him to be able to borrow money for 3
month or so. He agreed with Mr.. Janney that
the farmers should own the stock Other couu-
ties have banks, we have none. Probably the
greatest obstacle would be the Bel Air lawyers,
as every Hartford county farmer generally loans
money through his counsel.
Mr., Thos. Hays agreed with Mr. Janney.
DR.. Magraw was strongly in favor of a county
bank. 1t would benefit doctors as well as far
mers.
s. B. Silver thought 1t self-evident fact that
q county bank would be beneficial If we keep
bank account we have to go out of the county
and consequently the county does not get the
use of the money. The banks at distance, rs
general thing, do not know you, and so you
are at more or less a disadvantage. If we had O
bank in the county the directors would proba-
bly, know the standing of every general farmer
In the county. We often see where we could do
well If we had money, and having none have to
let the chance slip.
q bank. If he wanted to borrow he would not
like to be'fieeced by the lawyers; but they are
not always to blame.
Mr.. Moores said s. B. Silver had made his
(Mr. MooresO speech. If we had u bank he be-
lieved it would increase the value of our land.
A bank would greatly facilitate collecting A
man will give his note and meet 1T promptly in
bank; otherwise he might let the account run
on. He would feel like stealing if he had to 90
to lawyer to borrow money, and they are using
the rich farmers money, who ought to own the
stock. The lawyers are living on the specula-
tion Of farmers money. We ought to subscribe
enough stock to have bank of BOO, 900 capital.
We will never get any assistance from the law
yers. .
w. D. Lee thought 1t wonld be great bene-
fit.
Mr. Webster agreed with the statement which
had been made by the other members except
that concerning the lawyers. Farmers should
be the directors. 1t is disgrace to the county
that we have no bank 30 4
Mr.. Henry Wilson said Mr.. Janney had ex
pressed his opinion.
q. E. Silver said bank was much needed and
there was enough business to justify 1t.
Mr.. James Lee said he thought the members
were rather too hard on lawyers. They are q
necessary evil. He had never had any trouble
In getting money from them at six per cent
With the same endorsement required by the
proposed bank money could easily be gotter
from any of the lawyers or from the city of Bal
timore.
The following resolution was adopted:
Whereas, an impression seems to have gon,
abroad that portion ofthis club are in favor o
taxation of mortgages,
Resotged, That we are unanimously opposed Il
the taxation of mortgages. Adjourned to NEE
at Mr. Janney's, on March 18TH Subject, oval
ne of Farming Land and what increases it."
b. SILVER, JR., Secretary.
I'm this moist and variable climate Colds ar
the rule rather than the exception. DR.. Bull
Cough Syrup Is just the remedy for every one 4
take when suffering from Cough, Cold or an!