The Delta independent., 1913-04-25
DELTA BANKER HAS HOPES
FROM LOAN LEGISLATION

tied States National bank and owner
/ of banks in many Colorado towns,
I sees great hope for the future agri-
cultural life of Colorado in the Jury
of Inquiry which will investigate the
foreign system of cooperating and
loaning money to farmers. Jones,
who left this week for Washington to
become one of the jury, says he be-
lieves that legislation will come from
the investigation that will be of un-
told benefit not only to Colorado but
to every state in the union.
Something must be done to encour-
age farmers, and TO make larger the
agricultural development if the future
OF the country is 10 be all that it
should be. he said. agriculture is the
basis of wealth. yet it receives less
consideration than any other vital part
of the nations life. Colorado's agri-
( cultural life must be made to flourish
before the state can be made greater.
[ The slogan. Build up Colorado first
is founded on the crying need OF de-
veloping more especially our agricul-
Nre, before We can hope to build the
state.
( In this country the farmer has more
trouble in securing money to improve
his farm. to plant and harvest his
crops than in any other country While
agriculture undoubtedly is the back.
bone of wealth, promoters of railroads,
great corporations. can obtain loans
at smaller rate and longer time than
can a farmer.
Over in Europe-in nearly every
other country. in fact-the farmer is
considered. The government helps
him grow his crops. Long time loans
are made to him, and he is encourag-
ed. In Japan. for instance, the govern
ment maintains an agricultural bank.
run just for the farmer. to encourage
of the country.
Two years ago Myhon T. Herrick
was made an ambassador by President
Taft to study the conditions in other
countries. He found that the agricul-
tural life in European countries was
preserved and fostered by government
help. He found small farms. over 200
years old. that by intensified farming
were yielding just as much then as
ever before. He found no such prob
lem in those countries as exists to-
day in the United States. that of far
mers leaving their farms for the city
because they can't make living on
the farms.
Canada does that. and that is why
thousands of American farmers are
crossing the line into Canada. There
they are protected and encouraged.
The United States must do this or suf-
fer grave consequences"
Mr.. Jones will join the other men,
bers of the jury in Washington. where
they will be addressed by Secretary
of State BRYAN. Then they will visit
every country in Europe, with stenog
raphers and interpreters appointed by
the government and make an eNhaus-
tive report on their return. They will
be gone three months. Mr.. Jones is
paying his own expenses on the trip.
the only one of the jury TO do so. de
clarins that he believes Colorado
needs legislation for the benefit of the
farmer as much or more than any
other state, and that a personal inves-
tisation OF conditions will make il pos
sible for something to be done in the
near future He was asked to make
the trip by United States Senator
Charles Thomas. Governor Ammons,
the Chamber of Commerce and the
State Farmers association.
Before we can hope TO bring mil
lion people to Colorado we must pre-
pare for them, so as to make ii pos
sible for them TO remain here" he
said. 1T is the belief of President
Wilson and Secretary of State Bryan
that remedial legislation is not in the
power of the government. but must be
made by the state governments. We
hope to present plan to the next
legislature that will afford Colorado
farmers encouragement for staying in
agricultural pursuits.
When the United States takes Sc
rious interest in this matter and does |
something TO back the farm move
ment will be inaugurated and will
flourish in every state. stock raising |
will increase also. and the high cost /
of living will be lowered"
II is understood that the party |
will be absent for at least three or
four months. !