Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1914-12-17


haired. credit NAV not be extended an
good securitv.evsn though that has
bacr If i, n good man rbo s,,s.o,,
sior of credit creato. panics Cradi,
NAV also no piven to groune of man
who combine their propartv securities
and who averape their characters an
to sneak. AZ guarantee for the INV
ment of debts When such combina-
tions have been effected. as in the cage
Of land crodit aasociations abroad
credit is made more readily oItaiuab1e
and at reduced cost The success Of
eucb combinations for tho sncurer,or+
of credit rests upon identity Of inter-
ests on the mart nf those who ioir tho
rroup and also. and most narticu1arIv.
upon mutual confidence and a willing
ness on their part to operate their as
Yociations primarily with q view To
achieving low cost agricultural credits
h-;t without regard. bovond that. to
n-lra proats II is not reasouabio TO
cyroct that such credit associations
viii he successful unless thoir nom
hc,s are bound togethor To-. 4vmnath,.
morality mutual confidence and a true
sri,.it Of sincere co.onoratior
',herc /. t7ine and q half times more.
business done in this country on credit
than anon a cash bas. As farming
has NOW become , hf.-l1, orgarfzrd
I business i, follows ,la7 IL is and must
he critically concerned aboy, all oucs-
lions and an legislation which iu1n-
.,cc= IT, credit fevoraI1t Agr-,ul-
! turaI credi, oasi1,, TO u. had m good
sacnritv nv rood man is an lndisnen-
tsable nocossitv to tha rroeres. OF agri-
! culture and TO the economic well bo
| ing of our government and State.
When vermont was founded. the
! people of the United States were dis
! tributed along the Atlantic coast
| TRANSFORMATION by inland water was
not developed until clinton of New
York completed the Erie canal IN 1922
Even steam TRANSPORTATION did not as
sumo its proper care of agricultural
extension until 1870. when the Res
serner steel process was invented
EVERYWHERE and ALWAYS low-cost and
easy TRANSFORMATION ha. decided the
business opportunity because that sig
nified markets and exchange. II de-
cides the geoCraphical distribution Of
population and it decided the rate of
progress that would attend the OMEN
ing nm To use of our vast soil areae.
From 1850 on. the dairying interests
were DEVELOPED WHENEVER Increasing
population in the cities pushed the
home-kept COW farther hack into the
country and gradually advanced the
milk surplv area TO a radius Of a hum
dred. two hundred. three hundred and.
next four hundred miles. So with
!
happcned. sanitation. railroad and in
spection rroblcms. anricultura1 schools
and farmers denominations to the mum
her OF nearly a hundred thousand
came ranidlv 70 the front Farming
of an individual character was con-
verified in sixty yeors into an agricuI-
tural chemistry and a world wide no.
litical economy and passed from the
accident of non-sttention into one ot
the most carefully studied sciences as
il is the greatest science to-day in the
activities Of tho world
But all this DEVELOPMENT. this con-
centration this INVESTIGATION this an.
plied apricultural science calls TO,
capital on tn, credit of the realty. the
stock the farming machinery the in
come possibilities and the character of
tbo sectiou or district as related 10
markets schools church and social
and civic onnortunities The entire
7 ,rove,rer+ has included fencing filing
ditcbi,r dreininr hottie, roads i'm
nrovad lohor mara conveniant i'm
o.. o,d ,or,o ava ~. ,r.ro
a,,o.,o, -, r,Idd,a man to ero,oo
trar.nor, rnorl,o, and orga,ize tho Of
, ,ao.i,,o ras,,1ts U-it,tr cor,noro+i,.o
-. sa,,. aaaaaas ,,., h,,.a ,.i,nossad ~,
;,;o "a ,,hr, 90 cool, ~,
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t.,o o,,a,,,,,,1 ord -.ior.ie, oor,,,,,
,,h a.. ,,,,,,, .,a.,,,,,,- ,,,i
1..i... a, s.n.,'1,.,
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