The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-03-11

SeSte0- -IhiS plan was devised in
Prussia as a result of the wars of
Fredrick the Great. which tripper the
great landed proprietors of everything
they q but their real estate.
"A number of the proprietors
Jumped their lands and bonded them,
each member Of the syndicate being
Jointly and s~everally responsible for
the total Indebtedness. These bonds,
being secured by an underlying lien
OF h best security in the world
Mother Earth-had a ready sale,
even though they bore a lower rate
of interest.
Then each proprietor borrowed,
according to his deeds, from the
common cash reservoir thus created,
at a rate which took care of the
bond interest and a mortiZation, so
that, at the end of a generation, they
had their lands free and clear, With
all improvements.
Had these same estates been
pledged at the banks, the interest
charges would have been SO high that
the proprietors would have been
foreclosed long ago. or else would
still be encountered with debt. Both
the Relfelsen and the Landschaften
systems Of credit have been in sue
cessful operation for a period amply
long enough to prove their practi-
cability; the former for the last fifty
years, the latter since the eighteenth
century.
Thus if only these last three CO.
operative systems marketing. buying,
and credit were put into complete
operation in the South, it would add
almost from the outset lot less than
$TOO, 900, 900 a year to the incomes
of the farmers in that section.
But it would do more than this:
1t would decrease the numbers OF
the tenant farmer class. which to-
: Throughout the South. In some
states sc per cent Of the farms are
operated by tenants; in practically
: none of them are less than 33 pei
cent so operated. OF these tenats
; from so to 40 per cent are whites.
Rarely do they stay more than
single year in n community; henc.
: interest in the farms on which the.
live. Their only object is to rails
one crop and get out.
AS a result they rob the soil an
when they depart cave the communit,
poorer in than when the
n came. If farm life is made more at
: tractive, d better class will be draw
d to the open country, where they wi
v stay generation after generation
operating the same farm. conservin
n instead of ~improvising the land, an
# working with all their might to deve:
CD the communities in which the
live"
The various cO-ODeratiVe enterpri.
es to be put into effect as a result
II of the Richmond conference will for
part Of a combined effort for farm d
Ve]Opment.
4 Special conferences for workir
-
h and buying plans outlined by DR.. COu
% ter, and other special conferences
~ business men will work out plans f
l. aid in developing the agricultural r
sources of the surrounding commu
ia ties.
Workers in all branches of agl
cultural education will get together
1T still other separate conferences,
&c will also country preachers, editor
and school men.
~ These special conferences will Ia
- from two to three days. After ca
- class of workers for the betterment
: living in the south has settled its oy
ho particular problems, all will join
~ the last two days in great federal
y. conferences, when plans will be Ia
10 for co-ordinating every type of e
70 deavoring into a single plan, so tn
at there will be no overlapping of effo
~ AS an outcome, it is expected by
bert P. Bourland, Of Washington,
re- c., executive secretary Of the confe
icy enc tho' rs 49, a3d 30
po1tdelon N~1.a ii nrT +oaotI
for the Announcements Of the south
they have never done before. Z
- conference is entirely free to all W
~ desire to attend, no dues or fees
any kind being charged.
-
ars SMALL BOY WOUNDED BY
M. M 22-CALlBER RIFF