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

much important to the nation a whole
than the banker but much less influential
because bankers organized while farm
For ftythree years have been object
special socitude Congress The wise policy of protection
joined American skill and enterprise has made the United
greatest manufacturing nation the world We
very proud of pre- eminence.
For fifty three years Also banks have received from
extraordinary favor They have
been permitted supply money to the people FOR
THE PROFIT OF THE BANKS result been wonder
growth banking power and the average dividend of all
the banks year nearly 11 per cent
al invested nearly per cent both capital and surplus
the done for the farmer and how
has the farmer profted?
Government aided the farmer at all The
tonal banks forbidden loan money farmers
Loans improve farms have been hard to get and costly
when they secured that farmers have been kept
many moved away rural population has only II
per while cities have grown 81 cent farm have
increased only per cent, while TENANT FARMERS HAVE
INCREASED 16 PER CENT.
farm usually too 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 EIGHTF0LD 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 25 PER CENT
Hence the oppressive living especially of
The purchasing power of dollar based prices of
1897 rs England and France 70 cents in
Germany and only SO cents in the United States
The Government sent an agricultural commission abroad
why dollar has contracted rap
idly the Engshmans and the Frenchmans and the Ger
man. dollar
that in Germany the farmer borrows from
credit organized under its class Land
schaften Rteschafen The farmers form themselves into
these cooperative societies and issue negotiable bonds which
eagerly bought by small investors because they safe
savings banks and pay slightly higher interest.
thus gets long time loans AZ per
the city puts his savings the bonds The
Government the aid of this system to establish many
years ago Under its blessings THE GERMAN FARMER HAS
so IMPROVED HIS FARM THAT 1T NOW PRODUCES
MORE THAN TWICE AS MUCH PER ACRE AS THE AMERI
CAN FARM
The borrows from the Credit Foncier
association that had Government aid at first at ASS cent
years improve his crops the farmer wishes
build his farm he obtains through the Credit Foncr
mortgage credit based the value his land and the building
to put up When the building completed its added
to the loan PRINCIPAL OF THIS LOAN CAN BE PAID
OFF ONE-HALF OF 1 PER CENT YEAR. And the French
produces and onehaf times much per
the American farmer.
Ireland long oppressed by British laws and absen
tee landlords the Government finally stepped
Irish landed estates the appraised value condemned Them
paid their the appraised value plus per then
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
the privileged classes Transforming Ireland into prosperous
and happy country. HISTORY FURNISHES NO PARALLEL.
TO THE RAPID REGENERATION OF IRELAND UNDER
THE OPERATION OF THIS LAND BILL
Thus all progressive and prosperous Europe
of them monarchieshave made the farmer their first
No agricultural country be really happy pros
porous unless class No industrial
population and we'll moderate
prices unless the farmers reap abundant harvests
WHAT ARE THE LAW GIVERS OF OUR OWN COUN-
TRY MOSTLY CONCERNED ABOUT? ABOUT A NEW TAR
IFF BILL AND A NEW BANKING ACT.
The tariff bill ignores reciprocity does not open