The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1915-02-11
BUY it Now"

five years ago, were TO spend one dol
lar for some product of American
mills or manufactures which he or
she expected to buy within the next
thirty, sixty or ninety days, instead
of waiting until the need became
pressing, it would add Immediately
some $49,34S,SS3 to the amount of
money in circulation, help to clear
the shelves of jobbers and retail mer-
chants of accumulated stocks and
cause a demand for the immediate
manufacture of fresh goods. If $40
were spent for each farm in the
United States under the same cir
cumstances. the sum added to the
channels of trade would be $63,615,-
O2O-made Immediately available. If
each American farmer were to spend
today 10 cents for such products for
each acre of his farm, the sum
would amount to sS7,S79,S32, still
more decided stimulus to the trade
and industry of the whole country.
Money in circulation is the life
blood of trade. Stagnant, it produces
nothing. 1t can be imagined what
effect even the smallest amount of
it named above would have if sud
denly added to the channels of trade.
The American farmers are the only
people who, as a class, have made
any money during the fall and win
ter. Some manufacturers have re-
ceived big orders from Europe, but
the majority of the mills and facto-
ries are closed or running on reduc-
ed time. Thousands Of worthy,
skilled and industrious men are un-
employed. and in majority of cases
their families are on the verge of
starvation. E. T. Meredith, publish
er of Successful Farming. a farm
paper of Des Moines, Ia, which has
500 subscribers, says in recent
SlSH6Q SQIlOIldl.
"If every person living on the farm
in this county would spend an>extra
ST. with the merchants and manu-
facturers in the cities and towns dur
ing the next thirty days, it would
put thousands of idle men to work
and bring JOY to thousands of homes.
You are planning to spend some OF
your extra profits from your grain
and live stock. You are going to buy
new clothes or build an addition to
your house, or buy new rugs or build
a new barn or new fence or buy new
machinery. You@ill keep the money
moving and it will soon come back
to you in better prices for farm
products.
To be sure, the farmer is independ-
ent, so far as any man can be inde-
pendent of all other men, which is
only to a very limited extent after
all. He could exist if there were no
towns or cities. Yet he would not
care to be restricted entirely to bar
tering farm products with his brother
farmers. When business is poor
among the city populations, the de-
mand for and the prices of farm
products decline, the farmer makes
less money.
Money in circulation is "dynamic"
it is money at work. To use a
trite illustration: If A owes B a
dollar, and B owes C, and c owes
D the same amount, then if someone
pays A for work or commodities he
can pay B, and B, C; and c, D.
Thus one dollar pays four dollars
of debt. This chain can be kept up
indefinitely, and the one dollar will
pay an unlimited amount of debt.
The prompt payer is valuable citi-
zen.
1t is not proposed that the farmer
snail SpGLu ulOuSs lol oOAiOsiiia6 Az
shall not want for year or so, or
perhaps never. Let him consider
whether there is not something ne
may intend to buy, or some perma-
nent improvement he may wish to
have made, within a few months and
buy the article or have the work
done now instead of at some time
in the near future. The response
will come back in the shape of in
creased demand for his products
from the laborer, clerk or mechanic
whose family is able to live better
because, it's head is Employed; the
merchant who is able to buy more
because his custom is improved or
because long-standing debts have
been paid; from the manufacturer
who has been saved from bankrupt
cy, perhaps, because money is easier.
There never was a time in the his
tory of the country when there was
so much need that all classes should