The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1913-07-30
NEWS FROM
OVER OHIO
rnsslitgsncsr Bureau.

rnssliig sncsr Bureau
Columbus, o.. July -.
Advance information sent by Sena-
tor John Cunningham and Representa-
tive W. NJ. Brown. members OF the
American commission studying farm
credits In Europe has been submitted
to Governor Cox. They report they
found superior organizations for
, crediting and market purposes in Eu-
rope. In the course OF their report
they say:
Organizations for the provision OF
credit facilities for European farmers
follow the natural division into short
time personal credit and longtime
land mortgage credit. The organiza.
tions for the provision OF personal
credit facilities are as highly de
veloped as are the systems OF COM
mercial banking. The prevailing rate
OF interest paid by the farmers for
short-time loans Is from 10 5i1 per
cent. The terms afforded European
farmers are generally better designed
to meet the peculiar requirements OF
agriculturists than the the terms OBJ
tainable to-day by the American farm
ers.
THE personal credit organizations
have the form OF cooperative socie-
ties. Very often the members of
these societies assume unlimited la
bility for the debts OF the society, and
in other cases the societies take the
form on limited liability. while az
rule in European countries the law
makes little or no provision for ex-
emptions OF any kind. These short
time credit societies furnish cheap.
: safe and elastic credit 10 their mem
bers by reason OF their control by
farmers and are organizations exclu-
sively In the interest OF farmers. who
operate them at nominal cost and
without seeking dividend profit TO
such societies.
In spite Of the fact that the Progress
sives OF this city cannot agree on a
in face OF a protest adopted by the
West Broad Street Presbyterian
church TO the effect that the Progress
sives should keep out OF the present
night and permit either former Mayor
q. s. Marshall or Chief OF Police Car
ter TO run for mayor against Mayor
G. r. Karb. Democrat. in an effort to
regain the city 20 the cause OF right
eousness, some OF the Bull Moose fol
lowers are planning 20 nominate a
TICKET NUelntT the TeSI ike II OF not
Marshall and Carter. both OF whom
are liked by the Progressives. their
chief fault In the eyes OF the Bull
Moose organization being that they in
tend 10 seek the nomination in a Re
publican primary. The Progressives
are badly divided. and their specimen
Of politics in this present instance ap-
pears almost asinine Some OF the
Progressives will support l.. r Tuss-
ing. a Progressive Democrat. for may
or. and will try 10 have placed on the
independent ticket with him a number
OF so-called Progressive Republicans
Enemies OF Mr. Tussing declare that
he has sought Office a number OF times
and has always been defeated They
charge him with being dislOyal 20
President Wilson. although he denies
this. Nevertheless. Mr. Tussing's can
didacy is causing the hackers Of May
or G. J. Karb. Democrat. much con
Germ. because II means "A split IN the
Democratic party. This leaves the
local situation UP in the air. and no
one can begin TO predict how the bat
tie in November would terminate with
all these factions represented in the
FRAY.