Evening journal., 1916-10-10
LETTER NUMBER TWO,
COUSIN BEN TO FARMER NED.

Washington. d. c., Sept. II. 1916.
ncar Cousin Ned. ! have been chuck
Hoo for a week over your dismay ias !
saw Won in my vision of Rural Creditsi
,,.hon Won discover that all three farm
ers on your appraisal committee must
aeree upon each appraisal, not by ma
ioritv. hut unanimously. Farmers have
hard work to get together. but mutna'
interest will finally get all the apprais-
ais fixed up somehow.
So YOU hold meeting of your Credit
Union. and ali ten appiaisals are app
proved and % lot OF blanks are filled out
and mailed TO the Federal Land Bank.
Those are the applications for yonr
lonns. duly approved and endorsed by
. von National Farm Loan Association.
i. took lot Of talking 10 show the TEL
lows about why they had TO buy stock
and it was a tremendous Job to fill ont
an those blanks, ont you Clipped in AMI
Maid squire Brown S25 TO hll them all
ont ship-shapc. lie spent two days ON
the lob and charged S25-the old hog. 80
that cost YOU $3.50 apiece But it is all
done now and the papers are mailed 10
The hank. and YOU ten farmers ana
Souire Brown sit around for two hours
davs until its way past feedin time
before Won get started back home. You
have calculated that the bank ought TO
oct your papers next day. and, allow
inc whole day for the banker 10 read
vo,fr papers az lac doesn't just o. Is.
them without botherine TO read Squire
Browns handwriting you ought to get
the cash hv the end of the week at the
m.
tween the haying and cultivatng the
conn. and YOU Law your plans TO 60 right
70 work with some help, ditching that
svamp as soon as the money is mere
Well in about ten days the secretary
of your National Farm Loan Associa-
ton calls you up by phone and notifies
YOU that there is to be meeting OF the
association next day. He says he mas
heard from the bank, but the pesky
phone buzzes so You can't understand
clearly lust what he says the banker
wrote Anyhow. the money must nave
come. So You will knock of work ana
20 10 the meeting and get that money
and put in into bank where It viii bo
safe until you use 1t.
When YOU get 10 the meeting you ma
that there Is Just a short letter from the
banker. saving he has received your ten
applications for loans. together with
your appraisals. and that as carly as
possible Federal appraiser will b. as
sicned TO visit your locality. and pass
on the appraisals. and If he certltes
,hem as satisfactory, charter will he
issued to your National Farm Loan AS
ISOLATION and the loans be made.
None of you had understood about
this carpctbagger's coming to do the APP
praieina. WHY didn't they tell you he
fore. instead Of your spending all that
time appraising each others farmsg Both
o,,nraisals necessary Bosh-why,
THAT'S foolish. for when Ben Samson put
n mortoapc on his farm he went Ia
Souire Brown and filled ont a statement
which SQUIRE signed under Ben's name
and tho SQUIRE sent il 10 the insurance
cosouauv he was agent for, and inside o
week Bon had his money. There
wasn't all this appraising and double
when Is that carpetbagger coming
The banker says that there has beer
such a flood of applications that then
anpraisers are unable 10 keep mp WITT
fhe calls ON them. and rs there is none
within three hundred miles of you, II
will ncrhaps be some months before any
annraisers reach Won. In the meanwhile
IRE banker hopes the delay will not in
convenience any of the members. VI
course not. When a farmer sets ON
70 borrow money. any old time VIII dc
--.if he is in no hurry.
But that puts of the improvement
YOU intended. until harvest and the'
threshing are upon you-in fact you de
eide not to start the improvement unit
nexi season. Any old time will do
hut il YOU do get your money this sea
son. the interest begins right away, yol
know.
About three months later a citihe
chan steps Oft the train, takes the bu
TO the hotel and after registering am
getting a lot of mail, he inquiries 10
III Davis the secretary of your locs
National Farm Association, and intro
luces himself with a letter OF creder
tials as the Federal Land Bank az
praiser-the "carpetbaegcr,' as Bill cal
him
Next dav he gets livery team an
driver and starts 10 visit your 70
farms. lie can't inspect over two farm
dav for they are scattered all ov'
two townships. and 80 II takes hin
nearly week to get all around YOU
zen. and you can see how It is going
take a long time for the carpethaggel
10 appraise all the farms to be NOR
gagged in America.
This chap takes a lot of notes in h
book and asks you all lot of que
tons about what you raised each yea
for the last five years. and how mue
stock YOU keep-not double liabilit
stock, but real four-footed critters
and string Of fool questions about r.
tafion and fertilizer and deep plowinl