The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1912-11-12

erS VINO long had left and prOspere1. ,
where flowers greeted no Visitor TO
the home and yellow dogs bounded at
you like wild beasts; where santa
ton was unknown and men raising
pigs thought it necessary to be like
one.
They urged the getting away from
such homes but the returning 10 the
old methods Of raising what one i:iust
cat, Of having his smokehouse at
home rather than in the West his
corn in his own fields and not in
those Of the far country
The first Of che speeches was made
by j. w. Bailey. of the Raleigh bar.
who discussed the Torrens land sys-
tenn.
Mr.. Bailey told Of the evils Of the
present system. The farmer. who
wishes to borrow the money that he
needs must have the title to his prop
erty looked up. He pays for it. Ii
he borrOws money from q bank, the
banks attorney must look it up. A
reputable lawyer must guarantee the
title and he must have Il reasonable
fee for his guarantee. If the note
| falls due and the bank must have the
! money, he must again put up his
| property. again examined and d fee
| again paid.
Take. for instance, the Cameron
property in Raleigh Mr.. Bailey said.
worth about $4,000. When a land
company purchased this and cut it up
into 80 lots, every purchaser of q
| lot had to pay an attorneys fee for
/ the separate examination. Thus you
will see that $4,000 may be spent
In the legal fees attending the ex-
animation Of those titles. Now the
| Torrens system would do away with
this in one examination. When the
! title Of the original was examined,
the State would have guaranteed
the title which would have been reg
| istered In the first instance"
Farmers Interest Rate.
Mr. Bailey declared that nothing is
moro contradictory than that the best
property should have such difficulty
in securing money The farmer pays
the highest rate Of interest Of ALL he
said. 1.-The farmer not only pays six
per cent, but for the guarantee of his
title, he must pay ten per cent. to his
lawyers. Suppose the lawyer calls
him on the loss. He must go to
another and pay the same high rate
of Is per cent. He has no chance
with the other borrowers And our
evil system is such that it puts a
brake upon agriculture and putting
a brake upon agriculture, puts one
on the universe.
''They say it is expensive. It is
but every good thing costs. They say
it causes litigation. 1t may do that
but litigation that establishes ones
right and settles litigation for al
times. Property may change hands
thirty times in q generation. tndei
the TOrrenS system, you may have
, your property registered and Suaran
teed once for all, t a cost Of no
more than two or three times wha
it now costs.
In what ways can the Southern
, farmer apply the cooperative prin
ho c11h nf 1Ohn Lee
Coulter. Of the census bureau o
! Washington.
"As bad as the word sounds" h
: said. Il am going to propose a reVolu
ton. I was born on a Minnesota
| farm and my people live there still
But I have seen the revolution ther'
within the past ten years.
For years and years We bough
} our horses to run our farms W.
!, often bought canned vegetables whel
nature was doing her best to bTInE
! things forth OF course. only pros
, porous farmers could do that Ther'
was no community organization
y there was no diversity or farming
. and if you said anything about dairy
: ing. for instance, there would haE'
, | been q panic.
And vet within the past ten years
! our wheat acreage has decrease
three and a half millions. while ou
dairies have multiplied by the thou
sands and industries OF varied nature
y have sprung up until our land value
have doubled.
Stock Raising.
8 Mr.. Coulter first recommended tina
e the South cease it's uneconomlc wa
f | Of buying stock from the North an
g West and enter into the co-OperatiV
n principle of raising their own horse
\ and mules.
: 1t should stop the buying Of it