Woodville Republican. (Woodville, Miss.) 185?-current, 1888-11-03
FARMERS DEBTS,
Avoid Borrowing Money as Something to
BE Dreaded and Stunned.

Avoid Borrowing Money as Something to
BE Dreaded and Stunned.
There are many farmers who are in
no danger of getting into debt. They
are we'll off, have money in the bank
or loaned elsewhere, aud make coed
profits from their farms besides their
interest money. Such farmers always
have plenty Of MONEY, Or If not, they
have only I'd draw from their invested
capital. 1t is far otherwise with a
large class Of farmers. If not aleady
in debt more or less they are often near
its borders and strongly tempted to en-
ter. Two classes of influences are at
work to get farmers into debt. One
class includes the desire to make a
show, to ride in style, etc. Often the
farmer works hard and economies,
keeping out of debt till his children
are grown up. They must have things
that father and mother never thought
Of having. They have no seruples
about RUNNING in debt; it seems easy.
The old folks oppose iii vain and tie
family enter Upon course which
brings untold pain and sorrow. have
known an instance where man and
his wife worked hard, bought farm
and nearly paid for it. But one Of
their sons must have a fine horse
and carriage and other things to match.
The result was that the farmer got
entangled in debt and in the end, which
soon came, he lost all his property ex-
cept his household goods. That son is
worth very little to-day, and the father
and mother had no home in their old
age except by the charity Of others.
1t is a sad thing to go in debt to crafty
pride or love of pleasure. Let farmers
and their children beware of this great
evil.
But there is another class Of inhu
snces which impel men into debt
There are times when it certainly
seems best to hire money. Take al
example. A son takes the old farm
with its poor buildings. He brings hi
wife home, children are born to them
and he finds the cold, inconvenien
house is killing the dear ones. He hai
little money saved up, decides to fl
up the old house as the timbers ar,
good. He has, say, 5000. This h
thinks will do the work, but so mucl
has to be done that in the end he find
himself one, two, or three hundre,
dollars In debt. Suppose he has to pa,
six, twelve or eighteen or more dollar
year in interest, the added comfor
and convenience and health of hi
family fully repay this, as we'll as tn
cost of repairing. Other cases cccu
at times when it seems necessary t
run into debt; but if farmers wer'
more deeply impressed with the evi
of debt, they would suffer much befor
allowing themselves to be bound b
its chain. 1t is always best to have
If possible, a sum laid by to use i
case of sudden need for money
Sickness may come, a horse may di
and u new one have to be bought,
thousand unforeseen cases may occu
in which money will have to be uset
and if it is not at hand, it must b
borrowed. 1t is a very good plan
keep a cash account, noting down a
money received and paid. This show
where the money goes. Too often
goes little here and a little there Il
things not actually needed, and {
when the real need comes the none
to meet it is gone. Then it is hard
pay debts Crops may fail, loss ma
} come in many ways. and it is sad il
deed when the relentless money-lend'
, takes the farmers all. Let ever
} farmer avoid debt as something to {
dreaded and Stunned, II is not nece
] sary to be stingy end parEimoniou
D but self-denial is necessary, and hoN
g ever hard, it is not as hard as financi
] ruin Cor. Rural NesO Yorker.