The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1912-11-28

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The cardinal feature of the Aldich
banking and currency plan IS that OF
a central reserve association. Author
lied reserve associations in different
secu ons needs a parent central asso-
citation. Carter Glass OF Virginia
should not throw stones at Aldrich' S
plan. until the Glass plan passes crit
fcism and analysis as the Aldrich plan
has.
President Taft has advocated with
much force and reason, farm credit
associations and national farm Iand
banks. modelled after similar institu-
tions in the older counties, especially
Germany, the object being cheap mon
ey and homes for the masses engaged
in farming.
With the Aldrich and Taft plans IN
operation, there would be distribution
and elasa city Of cheap money through
out the limits OF the United States.
Any banging and currency plan that
has the greatest application to cities
towns and capitalists, with only indi-
rect application to the producing mass
es will be defective and Disappointing.
The interests of the producing class
es who feed and clothe the peoples
of the earth, must be provided
for By basic asd direct legislation.
A national agricultural banking as
sociation is needed. One that Will
provide cheap money uniformly in all
the states to farmers for the making
and marketing of crops, and for land
purchasing and home building.
The greatest triumph Of political
economy can be brought to the present
generation by this method OF reducing
the cost of living and producing hines
thrift, contentment and better intel
lectual and moral development.
The details OF similar economic
plans have been tried out in France
and Germany, and the principles IN
volved are not experiments.
The evolution of the times has
brought US face to face with the PROB
lem of homes and cheap money 1ol
the masses, and the dispensing with
the middleman and who does not toll
neither does he spin, yet he gets the
lions share OF farm profits.
Hence, poverty and squalor, wnere
there should be thrift, happiness ano
independence.
Great principles are involved, ano
| such problems will never be settled
| until the equilibrium OF privilege be
| tween the classes and the masses Is
established.
Homes, cheap money, and fal'
profit for farm products can be alta n
ed, when our statesmen get a vision
of these greater social and economic
ideas which lay the foundation with
the masses and build the body poll
tic from the bottom instead of the
top. The spirit of the age is for re-
forms. Such legislation as will give
cheap money to the farming masses
through cooperation will aid in work
ing out the destinies of this great
| people.
The objects aimed at s.Iou.: DC
homes, prosperity, o.vil and religious
liberty.
One of the greatest economic ques
tons Is that of conserving soil val
ues. If we are given a new body eV-
cry seven years as the scientists teach
us, this can only be so by reason Ci
the noua shment we obtain from the
soil. If the soil becomes impoverished
the race will be adversely affected
The decadence OF man would seem
inevitable with the decadence OF SOL
fertility.
National agricultural cooperating as
500 atoms can end soil waste by con-
yerting homes and Industrious tentnts
into home and farm owners.
The problems Of taxes, high cost
o. living, soil ana race decadence can
be solved by a race Of home owners
and home lovers.
Practice and not precept Wll aflec'
the cooperation of the masses under
a national agricultural cooperative
.anking system and our people car
reach and forever maintain the higf
deals as an enlightened Christion ma
dun, through this means.
Ii Congressman Burleson OF Texas
would turn his fertile and resourcetu
brain to this larger field of thought
and action, he could do more for hi'