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

because bankers and manufacturers organized while farm
not.
ftyhree years the manufacturers have been object
special otud Congress, The wise policy of protection,
joined American skill and enterprise has made the United
States greatest manufacturing nation in the world We
very proud of re-eminence
For three years also the banks have received from
exclusive extraordinary favor They have
permitted supply money currency the people FOR
THE PROFIT OF BANKS The result has been wonder
full growth of banking power and the dividend of all
the national banks last year nearly 1874 cent upon cap
a invested nearly per cent upon both capital and surplus
But what the for the farmer and how
has the farmer profted2
The Government has not aided the all The
ional forbidden loan money to farmers
Loans improve farms have been hard to get and costly
when they secured that farmers have been kept
many have moved away rural population has only II
per while cities grown 81 cent farm have
increased only per cent, while TENANT FARMERS HAVE
INCREASED 16 PER CENT.
usually poor to buy the farm and often
too hopeless to improve it.
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
MUST DEPEND WHOLLY FOR FOOD AND PARTLY FOR
CLOTHES, HAS INCREASED HIS PRODUCTION LESS
THAN 10 PER CENT WHILE POPULATION WAS INCREAS-
ING NEARLY 20 PER CENT.
the oppressive rise in the of living especially of
food The purchasing of dollar based prices of
1897 about S cents in England and France 70 cents
Germany and only SO cents in the United States
The Government sent an agricultural commission abroad
find why dollar has contracted
idly than the Engshmans and the Frenchman and the Ger
mans dollar.
found that Germany farmer borrows from
association of land credit organized under its class Land
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 at AZ per
The toer the city puts his savings into the bonds The
Government to the aid of this system establish many
years ago. Under blessings THE GERMAN FARMER HAS
so IMPROVED HIS FARM THAT 1T NOW PRODUCES
MORE THAN TWICE AS MUCH PER ACRE AS THE ANIERI-
CAN FARM
The French farmer borrows from the Credit Foncer loan
association that had Government aid at first at 4 per cent
for nine years. improve his crops the farmer wishes
build his farm he obtains through the Credit Foncier
mortgage credit based the value of his land and the building
put up When the building completed its added
to the loan THE PRINCIPAL OF THIS LOAN CAN BE PAID
OFF ONE HALF OF / PER CENT A YEAR And the French
farmer produces and times much per
the American farmer.
Even in Ireland long oppressed by British laws and absen
landlords the Government finally stepped in took
Irish landed estates the appraised value condemned
paid the appraised value plus IL cent and then
cut these great estates into 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 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 of Europe
of them monarohies-have made the first
No agricultural country really happy pros
porous unless its farmers class or
hs
prices, unless the farmers reap abundant harvests.
WHAT ARE THE LAW -GIvERS OF OUR OWN COUN-
TRY MOSTLY CONCERNED ABOUT? ABOUT A NEW TAR
IF BILL. AND A NEW BANKING ACT.
The tariff bill ignores reciprocity does not open sin
gle foreign market any American product make two
of wheat grow only grew