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


than the manufacturer the banker but much less influential
bankers and manufacturers organized while farm
ers are not.
ythree years have been object
Of special soctude Congress Ths wise policy of protection
joined American skill and enterprise has made the United
the greatest manufacturing the world We
very proud of prominence
years. also the banks have received from
exclusive and extraordinary favors They have
been permitted to supply currency to the people FOR
THE PROFIT OF THE BANKS The result has been wonder
full growth banking power and the average dividend of all
the national year nearly per upon
m invested nearly per both capital and surplus
the done for the farmer and how
has the farmer profted7
The Government has not aided the farmer at all The
ona banks been forbidden loan money to farmers
Loans improve been hard get and costly
when they secured that farmers been kept poor
many away rural population has grown only II
per cent while cities have grown per cent farm have
increased only 8 per cent while TENANT FARMERS HAVE
INCREASED 16 PER CENT.
farm tenant usually too 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 PRODUCTlON Less
THAN 10 PER GENT WHILE POPULATION WAS NCREAs-
ING NEARLY % PER CENT
Hence the oppressive rise in the cost of living especially of
food The purchasing power of dollar based prices of
1897 about rs England and France 70 cents in
Germany. and only 90 cents in the United States.
The Government sent agricultural commission abroad
last find out why dollar has contracted rap
idly than the Engshman the Frenchmans and the
dollar
found that in Germany the farmer borrows from
association of land credit organized under its class Land
schaften Rterchaten The farmers form themselves into
these cooperative societies and issue negotiable bonds which
eagerly bought by they
savings banks and pay slightly higher interest.
The German farmer thus gets long time loans at Az
The toer in the city his savings into the bonds The
Government the aid of this system establish many
years ago. Under its blessings THE GERMAN FARMER HAS
so IMPROVED HIS FARM THAT IT NOW PRODUCES
MORE THAN TWICE AS MUCH PER ACRE AS THE AMERI-
CAN FARM
borrows from the Credit Foncer loan
association that had Government aid at first at ass per cent
years. improve crops the farmer wishes
build his farm he obtains through the Credit Foncier
mortgage credit based the value of his land and the building
to be put up building completed added
the loan THE PRINCIPAL OF THIS LOAN GAN BE PAID
OFF ONE-HALF OF 1 PER CENT A YEAR. And the French
produces and oneha times much per
the American farmer.
in Ireland long oppressed by British laws and absen
tee landlords the Government finally stepped in 1t took vast
Irish landed estates at the appraised value condemned them
paid their the appraised value plus IL and then
these great 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 the progressive and prosperous nations Europe
of them monarcheshave made the farmer their first
No agricultural country really happy pros
porous unless its farmers class No industrial
population contented and well fed and moderate
prices unless the farmers reap abundant harvests.
WHAT ARE THE LAW -GIVERS OF OUR OWN CoUN
TRY MOSTLY CONCERNED ABOUT? ABOUT NEW TAR
IFF BILL. AND NEW BANKING ACT.
The tariff bill ignores reciprocity does not open
gle foreign market any American product does