The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1913-12-06


sary TO set credit free from arbitrary /
ana artificial restraints need not say /
now earnestly | hope for its early en-
actment into law.
l present to you, in addition. the
urgent necessity that special provision I
be made also for facilitating the cred
It's needed by the farmers of the coun-
try. The pending currency bill does /
the farmers a great service 1t puts
them upon an equal footing with 9TH
er business men and masters of en-
terprise, as it should; and upon its
passage they will find themselves quit
Of many of the difficulties which now
hamper them in the field of credit
The farmers, of course, ask and
should be given no special privilege,
such as extending to them the credit \
| Of the government itself. What they
| aeed 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 be-
|
| use. /, It is to this we should now ad-
| dress ourselves.
Allowed to Lao.
! 1t has, singularly enough, come to
pass that We have allowed the indus
try OF our farms to lag behind the
other activities of the country in its
development. | need not stop to tell
| you how fundamental to the life OF
the Nation is the production of its
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 it is from
the quiet interspaces of the open val
leys and the free hillsides that we
draw the sources of life and of pros
from the forest and the mine. With
out these every street would be ST.
lent, every Office deserted, every fac
tory fallen into disrepair. And yet
the farmer does not stand upon the
same footing with the forester and the
|
the servant of the seasons. Nature
determines how long he must wait FOR
his crops, and will not be hurried in
her processes, He may give his note,
but the season of its maturity depends
upon the season when his crop ma
lures lies at the gates Of the market
where his products are sold. And the
security he gives is Of character not
known in the brokers' office or as IA
miliarly as it might be on the counter
of the banker.
Efficiency in Farming.
The agricultural department Of the
government is seeking to assist as
never before to make farming an ell
cient business, Of wide cooperative eff
fort in quick touch with the markets
FOR foodstuffs. The farmers and the
government will henceforth work to-
gether as real partners in this held,
where we now begin to see our way
very clearly and where many intelli-
gent plans are already being put into
execution. The treasury of the Uni
ted States has, by timely and we'll
considered distribution OF its depos
it's. facilitated the moving of the crops
in the present season and prevented
the scarcity of available funds too OFT
en- experienced at such times. bu'
we must not allow ourselves to de
pend upon extraordinary expedients
We must add the means by which the
farmer may make his credit constant
lv and easily available and command
when he will the capital by which tt
support and expand his business. We
lag behind many other great countries
Of the modern world in attempting tt
do this Systems Of rural credit hav'
been studied and developed on thu
other side Of the water while we lei
, our farmers to shift for themselves Il
the ordinary money market. Yo
; have but to look about you in an
, rural district to see the result, tn
a handicap and embarrassment whic
D have been put upon those who pre-
J, duce our food.
4 Study Rura; Credit.
| SCHSClCuo VI lltS Neti ViASNo 49,
: neglect on our part, the congress r.
Gently authorized the creation of
! special commission to study the var
e Gus systems of rural credit whic
, have been put into operation in Eu
!. ope. and this commission is alread
q prepared to report. Its report ougl
/ to make IT easier for'us to determlr
l. what methods will be best suited
= our own farmers.
d. Let Sherman Law Stand.
% Turn from the farm to the world
IL business which centers in the city al
ID in the factory, and | think that
thoughtful observers will agree tn
IT the immediate service we owe Il
business communities of the count
is to prevent private monopoly mo
n effectually than it has yet been pi
n vented. think it will be easily agre
1T that we should let the Sherman an
Or trust law stand, unaltered, as it
IL with it's debatable ground about
In Real Life.
-