The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1914-09-10
"WHO is THE GOAT?"
In This Time of Financial Stringency, I"
tho Goat?''

In This Time Of Financial Stringency, "Who's
the Goat?''
There have been many efforts made by the
Bankers Association either to help the farmer out
Of this great financial situation or else to help
the situation to get the farmer out of his cotton.
1t has gotten to be a serious question with the
farmer, for the bankers of this section meet
ing almost daily in what they call a farmers
banking meeting they meet in nearby city, and
and the farmer who attends is usually a banker
a supply merchant whose interest is largely
the same the bankers. They have speeches
and talks and make lot of noise, but have as
yet put nothing into action that is Offering any
relief to the farmer. They Offering to adj
vance small amounts on your cotton, take your
cotton receipts and borrow money them
and at less of interest than you pay them.
One of most progressive farmers (Whose
name / can give ii it becomes necessary attended
one of these meetings in nearby city some 80
miles away, and after they had spent sometime
in discussing the handling of the crop, etc, the
meeting adjourned, whereupon this farmer in
quest of information went to certain Atlanta
capitalist who was the main speaker of this meet
ing, and who really seemed to be informed
the financial condition we'll the banking
business My farmer friend asked the question
of him, when would the farmer get Of the
benefits Of the cheap money they had been talk
ing about through the Regional Bank, etc. His
reply was 'It is time to discuss rates" A
banker Of the city in which this meeting
held attracted by the answer, and evidently
taking the farmer for banker butted in with the
remark, give us the money ana We can pace IL
regardless Of the rate. The farmer is the goat.
he pays it ALL
Are you going to be "The Goat?" Are you
at the mercies and in the clutches Of the money
lenders?
Just at this time the farmer, 1.-The goat" is
again placed in a rather awkward prediCament.
Here we are down in South Georgia, some rs or
80 miles from the Alabama line and the boil
Weevil is some So miles across the river in
Alabama. There a meeting of certain oil
mill men, and in just short while, there
boil weevil quarantine put Can't ship cot
tonseed out Of this territory although we are two
years ahead Of the advance guard Of the boil
Weevil Another strange thing about the situa-
ton is that the quarantine only covers the ter
rtory in which these certain oil mill
interested, Notwithstanding the fact that there
several more counties to the bolt
weevi are, and would you think it? They
paying $14 per ton for cotton seed. I heard
very reliable coed buyer who is not in the
combine, but who is buying seed for Alabama
mill say that these certain oil mill men had con-
suited with him regarding the drop to $12 per
ton for seed, in the quarantine territory assuring
him that they would be able to get them at their
own price whatever it might be.
| asked of the mill men in question the
price for meal and hulls and l have his quota
lions before me follows: Old meal, $28 per
ton; new meal $26 per ton, etc. With the price
of meal and oil still in the air; it does look like