The evening world. [volume] (New York, N.Y.) 1887-1931, 1912-10-11
Farmers to Be Backed Up by Funds
Furnished to Them by Government

dent Of one Of the Few FORK COM
paniss that 10 could absorb annu-
ally $50, 900 900 Of real estate mort.
gaxs csrtinoatss. the price 70 be
AZ per cent. ~ % the hrst ysaf,
and probably AZ Per cent. - -
thereafter until popuiarfssa.
I'm the article printed and issued last
May by tho Department Of State. with
the express sanction Of Secretary Knox.
II said:
president Taft wants TO introduce
the European system In this country 80
that the American farmer can raise
money on his farm through . bond
saiablo in any part OF the country.
| Cheap money thinks Mr. TAFT. will put
II in the power OF the small farmer or
the tenant who wants TO start out for
himself to ge, mis- farm on a paying
basis without shouldering q staggering
I burden at the outset. IL would thus do
more than all else TO advance the back
| to- the-farm idea. II would enable the
farmer 20 adopt the scientific methods
OF farming which the Government is
| teaching him and which always costs
money TO start"
The article further states that the in
vestigations now being made by the Gov
eminent rs centred about tho Credit
| Foncier OF France and the Landschaften
/ OF Germany.
"of course the details OF the organ
ization Of these societies and COM
panies mentioned have been fixed by
| the social and economic conditions of
| the country In which they are located:
but American ingenuity surely Ia equal
/ TO the task OF celebrating and OF adapt
ing to conditions here the principles
| that underlle the foreign agricultural
/ credit Institutions.
! AN Intelligent regard for the future
J status OF agriculture In America, and.
| In consequence, OF social and economic
progress, demands that well advised
and active measures be taken to per-
feet arrangemnts whereby farmers. to
finance legitimate operations, may have
access to the broad. steady security
market now open only 20 municipalities
and TO large industrial and railroad cor
porations.
! Fortunately the necessity OF having
cheap money to finance scientific farm
ing Is widely recognized. Both the Re-
publican and Democratic national plat
forms OF this year very property rec
commended and urged the Investigation Of
foreign agricultural credit organiza tom
as a basis OF legislation. II Is OF the
first Importance that the widespread
interest In providing credit for Ameri-
can farmers not only should not be per-
mtted to diminish. but should be wisely
directed along lines that will quickly
and effectively remove the burden OF
expensive and inadequate financing.
"A democracy such az ours requires
for Its permanence a popular intelli-
gence OF high order. The course OF
the Industrial development OF the
United States thus far has been such
as to stimulate the growth OF urban
popula tons. partially at the expense of
the rural districts, until the over
crowding In our cities has become q
matter OF serious concern. The pres
sure OF population In the cities has
materially lowered the standard Of liv-
Ing Of large numbers of people whose
ability to participate intellixently In
the Industrial and political affairs OF
the community Is thus greatly iesssned
"Ths availability Of virgin fer.
careless Of their methods. But the
time now has come when The
farmers must adopt msthods Of
oultivatioa that VIII yisld the
Grsatsst amount oonsstsnt With
economical production. There are
stretches Of unoooup1sd lana
awaiting and open to those who
have exhausted other land By
| wsstsfui methods. From this
time on the problem Of farmers -
10 bs how 70 Gst the best results
from land that has been under eui-
tivation perhaps for years. The
era of predatory cultivation 10
passed.
''Thc 1910 census clearly Indicated thu
unsatisfa Glory status OF agriculture
| The population OF the United states IN
| creased n per cent. from 1900 10 1910
Within this same period the amount o.
land used for farming Increased but 81
per cent. The improved area In farm
lands apparently made a better showing
the increase In the ten years being IS.
0 per cent: but an analysis OF the usei
, | TO which this increas ed acreage hal
been put shows that the increases II
the area devoted to the growing OF foot
products has been insignificant and thu
amount OF land used for the production
. OF wheat has decreased. In 1903 the pc
j aplta production OF cereals was onl!
<s,l bushels: In 1899 It was $50 bushels
'. IL decrease OF over nine bushels pc
head IN ten years.
y "This increase by itself would seen
p adequately to explain tho distressin
e advance IN the prices OF food products
Between 1899 and 1909 the production o
= cereals increased only IT per cent. bu
= their market value was higher by 70.
,. per cent. in 1909 than in 1S99-the In
n crease In price being forty-seven tine
ID the Increase In quantity. In 1900 Their
IL was exported Dreaded stuffs amountin
" 1851 900, 900; by 1910 the value OF sue
ir exports Ind fallen 1886, 700. 900 and I'M
ports had increased Sl3.000.000,
In "rhsss figures are alarming.
TX They show that the industry Of
cultivstinS the soil In the United
statss. relative 20 the increase In
population ana the suSmsntsd de-
maud for food stuas. not only hes
failed TO progress, but has rstro-
crossed decidedly in the last ten
years. Unless there IL Q substan.
tial and rapid increase in the VOL