Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1914-06-03
PROBLEM IS HARD.
RURAL CREDITS LEGISLATION Is
NOT so EASY no DEVISE AS
HAD BEEN THOUGHT.
GOES OVER TO NEXT WINTER
President Wilson Consents to Post
ponement After Realizing Difficult
ties of the Question and Differ
ences of Opinion In Congress.
Ry GEORGE CLINTON.


Washington.-Two commissions, one
authorized by the United States gov
eminent and another organized by the
southern commercial congress, went
to Europe to study the subject OF
agricultural credits. Their reports
were voluminous and apparently were
prepared carefully. 1t is probable
that majority in congress thought
that when these reports had Deen
studied and embodied in bill the
last word on the subject had been
spoken.
President Wilson has consented that
rural credits, or land bank, legislation
shall go over until the next session.
In doing so senators and representa-
tives say Mr.. Wilson has recognized
existing conditions in congress. The
land bank question, it is urged, is
much harder problem to solve than
many persons supposed when 1t was
said that bill once prepared by seem
ingly competent authority could se
passed with comparatively little de-
bate.
Now writer of discernment on the
subject says: But the prophets OF
legislation did not take into account
the size of the United States; nor
the fact that a system which might
work admirably in a country like Ger
many or France might disclose grave
defects in a country where one state
alone is larger than Germany and
France put together. Moreover, the
people of the United States do not
take as naturally to federal aid in
their affairs as the people Of Europe,
and often see an embarrassment in
federal interv ention where Europeans
would see only help"
No Bill Reported by Committees.
For the reasons just given, it seems
likely that rural credits bill did not
come forth as quickly as it might from
the congressional propagating plant.
There have been several bills intro
duced, one bearing the names OF Sen
ator Fletcher Of Florida and Repre-
sentative Moss of Indiana and which
embodies the conclusions of the COM
mission appointed by the government.
No bill as yet has been reported out
of the banking and currency commit
tee of either house or senate. In
truth, the two committees lodged the
whole subject in a way by appointing
a joint subcommittee whose duty it
was to be to prepare bill which
would be acceptable to the administra-
ton.
Differences have arisen among the
members Of both branches over
fundamentals. Senator Hollis wants a
national land bank capitalized by the
government, while Representative
Moss and those who think with him
believe that private capital should
be employed. Representative Bathrick
of Ohio has introduced bill making
the postal bank funds available for
use by the land banks.
One Of the main questions is how
best to organize system that will
provide money in the safest and surest
way for use in undeveloped regions
where profitable farming appears to
be possible. The men who believe in
a thoroughly federalized system de-
clare that money cannot be raised for
the development Of a country like this
except through the government. In
the agricultural regions as yet unde-
veloped interest rates are very high
and the assertion is that the rates
cannot be reduced unless the govern
ment shall be a participant in the
transaction.
Decide to Adjourn July 10.
The Democratic majority in con-
gress has made up it's mind to bring
about adjournment by July 10 if pos
sible. Word to this effect was re-
ceived with considerable surprise be-
cause coupled with it was the word
that some OF the legislation which
was expected the president would ask
to have passed at this session would
be put over probably until more
convenient season"
The antitrust measures will be
passed by the house, a caucus of the
D6nOCIdIS 10 U1dhS dCIAO4 q pa ~
duty having made the order of the
day. 1t is held by the administra-
TONS supporters that with the tariff,
the currency and antitrust measures
enacted since Mr.. Wilson came into
9ffice the record of legislative achieve
ment will be a sufficiently strong one
with which to go before the country in
the congressional elections.
When Senator Kern and other
Democratic leaders in the upper
house talked to the president about
the possibility Of an adjournment
early in July, 1t was agreed that con-
gress could put through the tolls re-
peal bill and antitrust legislation.
Rural credits will be put off almost
unQuestjonably until next winter. The
immigration measure is one which