The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1912-12-10

us ask the incoming Legislature 70
enact 1t.
This is a wide yista-to work 10 the
securing OF capital enough properly Is
develop all the productive land IN
North Carolina, and at the same time
TO develop all the men OF the lard.
But this is only the beginning =
such an enterprise. Remember that
this would require any hundreds &C
millions Of dollars, that it would be-
invested productivity, that it vouiI
be more safely secured than any other
money that men now invest: ard T.
II member that every borrower OF IL
would be using it not only to make
his own independence but also l.,
train himself and all his neighhors
into better business habits. into
higher financial character and i
greater economic force. All this IS
much. But there is another er,a,
task that this would do.
You a V heard Of a money trust
in the United States or of a credit
TRISTAN irresistible force hich
draws all our movable money into
the reach Of great money barons for
their " uses, legitimate and spacu-
latlye. Congress investigates thi.
grave problem; politicians discuss IT,.
economists write about it.
This great trust is not a consciously
IndlcN O1onl OOuy u men WHO Sal
down and deliberately made this ma
chinery that draws our money within
their uses. 1t is the natural ana
necessary result Of our financial ami
economic Organization-of the organi-
zation by the town for the town.
Suppose we set a plan afoot which
would draw one hundred million dol
lars to North Carolina farms. Sup
pose every other undeveloped rura}
state did h same thing. Then Va
should not hear more Of a great ma
ltional money trust. Our money
would not be moved to New York.
On the contrary, New York money
would seek us because Of the great
safety Of this form, Of investment
which we had to offer.
A by-product Of the proper organi-
Zation of country finance would I-
the relnova1 of our greatest financial
evil.
It is always so when YOU set one
class Of men free here. you soon dis
cover that Q have set another class
free somewhere else. Freedom begets
IS economic freedom. The only sound
basis Of life Is a sound economic
basis.
We need mOney-incalculablc mil
liens Of mOney-tO save and rightly
to use, to develop and to make peau-
tiful this great heritage Of ours. What
have we to attract money?? to pay
money to come to US? We have our
land n u countrymen. Money
runs after 8, strong man. A little man
runs after money; and money runs
from a fool.
Now, if the honest countrymen *
North Carolina who own their own
land will band together, trusting one
another, and will borrow money t,
use IN productivity developing their
land, they will be stronger than Wall
5 street Or than n money trust. Money
always runs to safe places. If We
make this place safe, 1t will come t.,
: US. We can empty the savings banks.
we can tap The great insurance funds:
we can draw men and money from,
: all h world. We need only so to
t preserve and to develop our and
l as TO make 1t the most famous land
T IN the world and 50 to use money IN
4 getting riches out of it as to prove
> that 1t Is the safest land in the world
and that our cOuntrylnen are tn,
t safest people.
! Ana 90 you want literature? With
TINS result you will have something
: better than literature; but literatur.
8 Will come along with the other arts
I FOR all things come in a erea'
democracy Of men who trust one an
other. q democracy hat really be
Ieves III itself and that rests on 4
care-free, happy people who till their
own soil we'll. For this is the onlx
form of wealth and the only basis ot
t happiness that cannot pass.