Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1913-12-06

tbN ltht hfft WAEtE tiio Pib@tNk9 a. -
sold, And tie security be gives IS
81 character not known IN the brok-
ers office or as Familiarity AZ It might
be on the counter of the banker
Department is Assisting
"The Agricultural Department 81
the Government is seeking to assist
IS never before to make farming an
efficient business, Of wide co-opera-
tive effort. in quick touch with the
markets for foodstuGg. The farm
ers and the Government viii hence
forth work together as real partners
in This field, where we now begin to
see our way very clearly and where
many intelligent plans are already
being put into execution The Treas
ury Of the United States has. BY a
timely and well.considered distribu-
ton Of its deposits, facilitated the
moving Of the crops IN the present
season and prevented the scarcity Of
available funds too often experience
ed at snch times But we must NOT
allow ourselves to depend upon ex-
traordinary expedients. We must
add the means by which the farmer
may make his credit constantly and
easily available and command when
he will the capital by which to sup
port and expand his business. We
lag behind many other great eonn-
tries Of the modern world in at
tempting 20 do this Systems Of rIr-
al credit nave been studied ana de,
yeloped on the other side of the
water while we let our farmers shift
for themselves in the ordinary mor-
ey market ION have but to look
about you 10 any rural district t.
sec the result, the handicap and en-
barrassmeht which have been put
npon taose Who produce our food
Studying Rural Credits.
Conscious Of this backwardness
and neglect on our part, the Con.
gress recently authorized the crea-
ton of special commission to
study the various systems of rural
credit watch have been put into o.
grafton IN Europe, and this COM
mission is already prepared to re
iolt. It's report ought to make It
-asier or us 10 determine what
methods viii be best suited to our
own farmers. ! hope and believe
that he committee Of the Senate
and louise will address themselves
to this mater with the mlst fruit
full results. and ] believe that Tic
studies and recently formed Mans Of
the De91rtmt ut OF Agriculture NAV
be ma16 o serve them very greetly
in their work Of framing a2prep.i.
ate an! adequate legislation, It
would he ip3isereet and 1resumpt.
Eous in anyone to dogmatiz2 upon
so great aud many-sided a question
but feel confident that common
counsel viii produce the results ND
must all desire
Should Let Sherman Law Stand,
Turn from the farm to the world
of business which centres in the city
and In the factory. and I think that
all tnouetful observers win agree
mat the immediate service We owe
the business communities OF the
country j. to prevent private monop-
oly more efectually than it has yet
been prevented. I think it will be
easily agreed that we should let the
Sherman Antitrust law stand, an
altered as il is, with its debatab!e
ground a5out it. but that we should
as much rs possible reduce the area
OF that debatable ground by further
and more explicit legislation; and
should also supplement that great
act by legislation which viii not only
clarity II but also facilitate its all
and make 1t fairer to all
concerned No doubt we shall all
wish, and the country will expect,
this to be the central subject Of our
deliberations during the present.
session: but it is a subject so mauy-
sided and so deserving of careful and
discriminating discussion that l
shall take the liberty of addressing
you upon it in a special message at
q later date than this. II is OF cap
ital impor ance that the business
men OF this country should be Ie-
lieved OF all uncertainties of law
with regard to their enterprises and
investments and a clear path indi-
Gated which they can travel without
anxiety. It is as important that they
should be relieved of embarrassment
and set free to prosper as that pr.
vate monopoly should be destroyed.
The ways Of action should be thrown