St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1890-06-21

wsite - Esr the Farmer.
THE STANFORD MORTGAGE
BILL.
Thoughts suggested BY IN edito-
rial in tho Picayune, Nay %, on
the above subject.1
"IAe radical character Of The
measures psoposed'' By the present
|CoaGGeos sQGBest that ~ aso q q
aoae ds the vAsa "The 0ssat
Isast Epoch" night b initistsd.
Political changes aso never effected
taseaoeee. hut loe ysap prior m
neesd preparations 80 o.. Il = .
~BoA0oaahoo e~oocluG5on, theesloeU,
thas sseh "nsas1sss'' voald not be
brought forward, unless ctrcum-
staAeas demand that laws O. cus.
to@0 exieting should q lacsa al1j.
Every rsfos1 movement, 10 mat.
~ bow bens0oial, Vim meet With
|opposlt3oa aad b desided By those
Who hold consecutive ideas, OF
have vostod interests that would Be
slBeetsd By ssch changes. Theory
cannot b criticised With intelligence
thoroughly; there must Be . trial
made before either t. good quail
tes q detects caa cone 70 tho ear.
inoe and b soen.
The voek q llf. Belamy,
"Looking Backward" IL Educo.I
toaal bill q Senator Hlair, and The
jdea proposed IN - bIn intro
doced By Senator Stanford and
otAsgS, teod b show which vay the
current Of natiooal a1IairD Win dow.
Were such Tie coufse, and the
Government took 4 upon herself to
become the great educator and
holder, Ar. Bellamy may
have ove~r.ostimated tho time when
, modified form Of his Socialisdc
shan have become Q reality.
All refoemers, and especially
hose Who propose 70 loan Govern
ment funds 70 tie farmers on ara
BE lands, must b prepared for
opposition from real e..
Eate agents, brokers and Insurers,
vho, occupying positions similar to
.'Iitt3s Jack Hoenee," would ~
actantly give up their plums.
II we aFe now drawing near the
~ a trusts, better far that the
Government be Tie holder Of our
than that some alien
'yndicate buy up the innumsrable
'etty co0oefns, together with those
mich boast Ola 6Fmer footing, and
Working for individual interests
MY aad inspired by unsuitable
reed alone, become . menace ]
Ike to both national and private !
The Government, through Sena-
q Stanloed's measure, does not
hreaten . blow at Tho prosperity
{ properly conducted banking e.
ablishmsats, nor does che enter
b ''lists" - such; but seeking to +! !
e0e6t . olss that deals least Of !
D With them, oooducts matters In |
noA . manner - 70 0uoooe those !
10 aood help, without In any way
oarting detimeat Of danger to .
With private corporations :
y aAvantages are necessarily To- 4
u, and Tor . great part coa0ned .
, city real estate, Of that which by
> proximity 10 such b too valua- 2
b foe pgo6tab3e farm lands, and b .
'oee susceptible to changes in =
Alue, whereas this bin proposes to
eal exclusively with aEable lanls, 3
Of locality, distributing !
lpttal uniformly over Ill quarters 3
J our country, and not, - = often q
y case, having one section glutted
nj another suffering with . deaEth 4
It, ct the same time. p
OF the numerous private institu. "
~ thus engaged. many ase un-
aiab1e and as0 becoming iscom- q
Deoat % 0oet ~ dmaudo q tho
-, u saonltant eRset hoiag ~ 3
'00o13dat3oa q similar bgaocheo q q
into syndiestss q trusts, 4
'1dling I'D controlling IL Woset
q wogss q thoasands, asd d. q
paetseti1g, svsa 70 oppoosnts, N
, tAosoa9A e@cleaey and ecos- -
" q sucA . ''ooe-Asaded hydsa.'a q
N gseeeal result q sacA sfE
uEoe would b that small and b. a
Ipoasfboo ooooegns, together With q
nltitudeo q land khAs1s and Il
1regs, would b swallowed up. q
} 1tssst surviving; capital would q
distributed; mortgage interest te
oeasd, and wealthy incogpoea- a
- b astabliehhd on such . arm %
- - 70 stand IN composition, II
4 b satisfied With equivalent v,
n. j. 81. wi
PEARL RIVER STATION -
PAM RrvEs, June 10, 1880. :.
esoe g.. TAxnaXxY FAnass:
thought I would write . few tn
- foP Vo0P i~nfeNanfin1 ~ ~