The Caldwell watchman. (Columbia, La.) 1885-1946, 1913-12-05

low earnestly | hope for its early GU
into law.
/ present to you, in addition, the
argent necessity that special provision
be made also for facilitating the cred
it's needed by the farmers OF the couh'
try. The pending currency bill does
the farmers a great service. 1t puts
them upon an equal footing with oth-
er business men and masters OF en-
terprise, as it should; and upon lts
passage they will find themselves quit
of many of the difficulties which now
hamper them in the field of creolt.
The farmers, Of course, ask anu
should be given no special privilege
such as extending to them the creolt
of the government itself What they
need and should obtain is legislation
which will make their own abundant
and substantial credit resources avail
able as a foundation for joint. con-
certed local action in their own De-
half in getting the capital they must
use. 1t is to this we should now aa'
dress ourselves.
Allowed to Lag.
It has, singularly enough, come 10
pass that We have allowed the indus
try of our farms to lag behlnd the
other activities of the country IN us
development. | need not stop TO teil
YOU how fundamental to the life OF
the Nation is the production OF It's
food. Our thoughts may ordinarily
be concentrated upon the cities and
the hives of industry, upon the cries
of the crowded market place and the
clangor of the factory, but 1t is from
the quiet interspaces of the open val
leys and the free hillsides that we
draw the sources of life and OF pros
perity, from the farm and the ranch
from the forest and the mine. WIN
out these every street would be 81
lent, every office deserted. every rae,
tory fallen into disrepair. And yet
the farmer does not stand upon the
same footing with the forester and the s
miner in the market of credlt. ne 10
the servant of the seasons. Nature
determines how long he must walt TOT
bis crops. and will not be hurried IN
her processes. BE may give his note,
Int the season of it's maturity depends
npon the season when his crop ma
lures. lies at the gates of the marke'
where his products are sold. And the
security he gives is of character no
known in the brokers' office or as Ia
miliarly as it might be on the counte
of the banker.
Efficiency In Farming.
The agricultural department of tn
government is seeking to assist a
never before to make farming an Ell
cient business, of wide cooperative e.
fort. in quick touch with the market
for foodstuffs. The farmers ana IN
government will henceforth work Il
gether as real partners in thss nell
why're we now begin to see our wa
very clearly and where many INTEL
gent plans are already being put in'
execution. The treasury Of the Un
ted States has, by timely and we
considered distribution of its depo
it's, facilitated the moving OF the crol
in the present season and preventf
the scarcity of available funds too OF
t en- experienced at such times. b
, we must not allow ourselves to d
8 pend upon extraordinary expedien,
q We must add the means by which q
( farmer may make his credit constal
8 " and easily available and commal
e when he will the capital by which
t support and expand his business.
;. lag behind many other great countrl
h of the modern world in attempting
A. do this. Systems of rural credit ma
d been studied and developed on
4. other side of the water while we Il
e our farmers to shift for themselves
s, the ordinary money market. Y
,e have but to look about you in a
e, rural district to see the result,
handicap and embarrassment VIII
h have been put upon those who ?
e. duce our food.
Id Study Rusal Credit.
e. Conscious of this backwardness {
NJ neglect on our part, the congress
ed Gently authorized the creation Of
'rt special commission to study the v
ne GUS systems Of rural credit VIII
by have been put into operation In (
I'd. ope. and this commission is alre
nd prepared to report. It's report GU
Oh to make it easier for us to determ
OF, what methods will be best suited
OIL our own farmers.
en-, Let Sherman Law Stand.
TO Turn from the farm to the worl'
in business which centers in the city
ND in the factory, and | think that
re- thoughtful observers will agree
elr the immediate service we owe
business communities of the cou
is to prevent private monopoly n
on. effectually than it has yet been
nm. vented. think 1t will be easily ag
our that we should let the Sherman
for trust law stand, unaltered, as il
sti. with its debatable ground abou