Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-27
Relief for the Farmer Is Even
More Needed Than Tariff
or Currency Reform
or Currency

The farmer much important whole
than manufacturer banker much less influential
and manufacturers organized while farm
ers are not.
fifty years manufacturers have been object
of special socude Congress The policy protection,
joined American skill and enterprise has made the United
the greatest manufacturing nation the world We
very proud of pre- eminenCe
For yhree also the banks have received from our
Government exclusive extraordinary They have
permitted supply money to the people FOR
THE PROFIT BANKS. The result has been wonder
full growth of banking power and the dividend of all
the national banks last year nearly 1 cent upon
a invested nearly cent upon both capital and surplus
But what done for the farmer and how
has the farmer profted?
The Government has not aided farmer at all The
ional forbidden loan money to farmers
improve have been hard to get and costly
when they secured that farmers have been kept poor
many moved away rural population has only IL
per cent while cities have 81 cent farm owners have
increased only per cent, while TENANT FARMERS HAVE
INCREASED 16 PER CENT.
farm tenant usually too to buy the farm and often
too hopeless to improve 1t.
so THIS HAS COME TO PASS: OUR BANKS, WITH
THE BENEVOLENT AID OF THE GOVERNMENT, HAVE
INCREASED THEIR RESOURCES EIGHTFoLD. OUR MAN
UFACTURERs, ALSO WISELY PROTECTED BY THE GOV
EMINENT, HAVE INCREASED THEIR PRODUCT SIX
FOLD BUT THE AMERICAN FARMER ON WHOM ALL
CLOTHES HAS INCREASED HIS PRODUCTION LESS
THAN 10 PER CENT WHILE POPULATION WAS NCREAs-
ING NEARLY 20 PER CENT.
the oppressive rise in the cost of living especially of
The purchasing power Of dollar based prices Of
1897 about rs cents in England and France 70 cents in
Germany, and only SO cents in the United States.
The Government sent an agricultural commission abroad
find why dollar has contracted rap
idly the Engshman and the Frenchmans and the Ger
man dollar.
found that in Germany the farmer borrows from
land credit organized under its class Land
schaen Rtterschaften The farmers form themselves into
these cooperative societies and issue negotiable bonds which
eagerly bought small investors because they safe
savings banks and pay slightly higher interest.
The German farmer thus gets long time loans Az per
The toer in the city puts his savings into
Government to the aid of this system to establish
years ago. Under its blessings THE GERMAN FARMER HAS
so IMPROVED HIS FARM THAT 1T NOW PRODUCES
MORE THAN TWICE AS MUCH PER ACRE AS THE AEERI-
CAN FARM
The French farmer borrOwu from the Credit Foncer loan
association that had Government aid at first 4 per cent
for years. improve his the farmer wishes
build his farm he obtains through the Credit Foncier
mortgage credit based the value of his land and the building
to be put up When the building completed its cost is added
to the loan THE PRINCIPAL OF THIS LOAN CAN BE PAID
OFF oNE-HALF OF PER CENT YEAR. And the French
produces and half times per
the American farmer.
in Ireland long oppressed by British absen-
landlords the Government finally stepped in 1t took
Irish landed estates at the appraised value condemned them
paid their the appraised value plus IL
up great small parcels AND SOLD THEM
TO SMALL FARMERS, TO BE PAID FOR ON THE INSTALL
MENT PLAN. This land law which bitterly opposed by
she privileged classes transforming Ireland into prosperous
and happy country HISTORY FURNISHES NO PARALLEL
TO THE RAPID REGENERATION OF IRELAND UNDER
THE OPERATION OF THIS LAND BILL.
Thus all the progressive and prosperous nations Europe
of them monarches-have made the their first
No agricultural country really happy pros
porous unless its farmers class industrial or ur
ban population be contented and we'll moderate
prices unless the farmers reap abundant harvests.
WHAT ARE THE LAW-GIvERS OF OUR OWN CoUN
TRY MOSTLY CONCERNED ABOUT? ABOUT A NEW TAR
IFF BILL AND A NEW BANKING ACT.
The tariff bill ignores reciprocity does open sin
ole foreign market to any American product does not mako