Rocky Ford enterprise., 1904-01-22
otero County b.
Farmers Institute.
An Interesting and Profitable Meeting
Now In Session At the Armory
fall In This City.

u a " b o a
The first session Of the Farmers lnsti-
tute begun at Armory hall yesterday az
ternoon. There wasia fair attendance
for the opening session. the rule being
seemingly to let somebody else open the
ball. The attendance and enthusiasm
will no doubt increase as the mseting
proceeds and the differences OF opinion, on
the elraising Of garden sass begin to de-
The opening music. which was TO have
been under the direction ai mr. Elser. Mas
done by Mr. Pragge. with Miss Theo
Baiklsy as aecompanist.
In the absence OF the appointed chair
man. j, E. Gauger. the chair. was filled
by J, p! Pollock. and II. K. Wiley filed
the place Of Official scribe.
After the singing OF America" and
prayer by Rev. Knucsey. the chairman
introduced Mayor Pollock. who. as chief
magistrate oithe city and p,gyltpatsf Ppt9tt
agriculture into medicine. made an ncpen-
ing address OF welcome 70 tho farmers.
He reviewed the rise OF agriculture from
the day, ths. Adam i@ss idriYen, put OF
paradise and left toTearn his bread blythe
sweat Of his b,as. He, described tho
profession OF agriculture as the primary
profession Of mankind and the one upon
which every later occupation and ayooa-
ton was based. Hs eoncluded by PIE
sen,ing an enormous gilded key TO tho
city and Informing him that Il was the
symbol OF access and welcome to tho city.
Chairman Pollock accepted tho key on
behalf of the farmers and made a happy
and complimentary response. He said
the farmer Of today mus, DO progress
sive. an aggressive man even. II no hoped
to keep up with tho times. THIS was
moro true Of the farmer IN Colerado than
In Illinois or In any OF tho states east
Tho program for this institute had been
made up with special reference 70 the To-
cali,y and tho local noed, OF the farmer.
I. was very Important that tho farmer Of
today take an active interest IN all or
ganixa;ions devised for his benefit He
could not afford TO stay At home and lot
things 60 BY default
Ho introduced Hon. b. Crowley. who
said Il appeared from the printed program
that no was to be chairman Of this opon-
ing meeting and was to make response
TO Mayor Pollock. That was mistake
Of the printers. and lie could only cSP'aln
il on tic ground that lie had been SO
much in evidence in making arrange
mcnts for this Institute. but. tbs manage.
mcnt had turpt,l him dnWniani tlislglnTS,.
OF being presiding officer had not been
given linn as much as lie had i;ctcd Tor
Il. In this vein II. made an entertain
ing speech aud nut lhc meeting ~ gen
erll go,d humor lor tic program proper
,.st,t.t, o.. f.,ti.,tN.H'| # ~ %
r. W. Patterson. President Of tho FIs,
National Bank. La Junta. was next on
tho program with an,address on The Re
lation OF tho Farmer to the Bank. Af-
ter tho complimentary introductory prais-
ing the hospitality and progressive spirit
OF tho people OF Rocky Ford. Mr.. Pa,,Gr-
son dwels on the diversified abilities called
for in a successful farmer, saying that 4
farmer needed TO be good allround bus
mess man in order to bo a good farmer.
Then turning more directly TO the sub
iect assigned him, he spoke OF the bank.
the institution THROUGH which that iJipor-
tant factor Of business success known as
Credit was made available to the farmer.
It was by Credit that the big interests OF
the business world woro developed and
sirable thing. But thore was nothing OF
which man should bo more careful than
the exercise Of his credit. Going in debt
was something TO be very carefully con-
sidered. If we could all do cash bus
mess it would be much better for every
body. But since this could not be done
the important thing was TO borrow iudie-
l.iously and be sure that the investment OF
borrowed money was such as to warrant
the payment Of the interest required by
tho lender as well as a return to the user.
He referred to the recent expansion OF
credit for floating large schemes and the
reckless borrowing of money to finance
these schemes. Borrowing had recently
run wild and the country was feeling the
effect OF It. The necessity for assured se-
eurity was the point emphasized by the
speaker, A bank never wanted to lend
money where it would have to forelose on
the security. The popular fallaey was
that all bank was for was to get the
chance Of foreclosing on borrowers; On
the contrary bank to be a success must
strive to avoid having to close on bor-
rover. a bank was an institution band
ling other peoples money and 1t was its
first business to protect -tlse-interests- OF
the peopae it itircpresen,ed. and it could
only ddS6is by guarding the interests. as
| far as possible S,of those who borrowed.
The haBkrmust see toIit that the money
l6aaed IS Is reasonably We'll protected, No
man was good business man who did
the major part OF his business onobor.
rowed moneysniTbat was not good busi-
ness and was not safe for either the
lender or the borrower. The speaker
went on to speak specifically of the re-
spective features of local farming and
stock raising. and what he took to be a
| wise application of borrowed money in