The herald and news. [volume] (Newberry S.C.) 1903-1937, 1914-08-11

| -t4C!IJ l--dl W y at :thttl W 6S IlCl dU4t "
obtain during lis six years OF service
and was not only not able t. obtain
this beautiful building but suggested
! 10 the Hon. Frank B. Gary at tae time
that it was useless to try to get the
matter through On account OF Ihe fact
that it could not go through. Yet Mr..
Aiken is a great man.
His Rural Credits Bill an Abortion.
He says he has been 'Tarmer all
mis- life and has always taken keen
interest in everything pertaining to
agriculture. WAT has he done for the
farming interest? He started out at
Newberry by telling about his rural
credits bill and with a great todo told
about what a great bill it was and
said he had twenty thousand of them
printed and was distributing them
throughout the district. l told nim
when he sat down that l regretted
that.ne had not had ten thousand more
OF them printed because l wanted the
people OF the third congressional dis
trict to read his bill and see the fal-
lacy of it. l am satisfied that the
most Of you have received this. A
good many of you have tlrown it in
the waste basket or misplaced it, but
if you still have it at home ] hope
you will look it up again and read it and
if my criticism of this bill is not cor
rect, why you vote for Wyatt Aiken
and vote against me. If my criticisms
are correct, vote for me and vote
against him. You will find that you
got this bill in an envelope which
goes through the mails without any
stamp on it. He says he sent out
twenty thousand of them. Now, my
friends, if l send out twenty thousand
| letters it would cost me $4,000 in
postage alone, so that shows you some
little advantage congressman mas.
am glad, however, he has sent these
out and if they could not have been
sent free through the mails and bad
been able to do so l would have been
glad to advance the money to pay the
postage, for I.would be glad for every
voter of the third congressional dis
trict to see this great bill that this
great mind has evolved. He tells you
that the United States government has
spent thousands of dollars in investi-
eating rural credits. l must confess
that know very little about rural
credits, but if 1 couldn't get up bet
ter bill, would not only not come
back and ask, for reelection but
would resign before my term was out
Here is the proposition as set out in
his bill. If four of you farmers want
ed to borrow S2,5000O piece, you g
to some National bank, tell the presi-
dent of that bank that you wanted tc
borrow that amount and that you nave
four, five, six or seven hundred acres
of land to mortgage to secure the loan
He takes your application and sends
his lawyer down to look over the
titles. If you owe as much as $4,000
or any amount on that land, your
cake is all dough- and you can't bor'
row a cent of money on tnat land
However, if the record is clear, then
the banker tells you that We will &C
up here to the county paper and ad'
yertise to tle people OF the county thai
you are applying for a $2,5OO.OO loar
on a certain piece of property to Sc
cure that loan. This has to be done
once a week for three weeks and II
case nobody comes up and claims this
land then they take your mortgage
This is bundled up and sent to the sec
retary of the treasury at Washington
and he looks over the papers and fin
ally comes to the conclusion that the
papers are in proper shape and ht
then calls in his clerk and says
Johnnie, go out here and put $4,000.
90 worth of United States bonds OF
the market" Johnnie might be able
to sell his bonds today, tomorrow OF
sometime in the next taree months
any way, wnen he sells them and gets
the money for them, then they shil
that cash down to the National banl
and you get your money-any where
from six weeks to six months aftel
you have made application. Now, ism
that a beautiful bill? Now, in Mr.
Aiken's own words, it is nothing bu
"fap doodles and poppy cocks.