The Butler weekly times. (Butler, Mo.) 1881-1918, 1916-09-07
PRESIDENT WILSON
AND THE FARMER
What the Present Administration
Has Done for the Farmer.
Some of the Laws 7
Passed for His
Benefit.

lNVt uHtll tIlC pIcSCHl lJcluOCIdL-
lie administration came into office
were the needs of the farmer ever
recognized by the national gov
ernmcnt. Never before was the
farmer considered business man.
The republicans had treated him
for years as an orphan in the
world of finance. Under Presi-
dent Wilson he is coming into his
own rights along definite lines of
uplift and independence.
When President Wilson moved
into the White House in March,
1913, there was not a law on the
statute books that really benefit
ed the farmer in commercial af-
fairs. He was supposed to have
had tariff protection" but it
was bogus. True, the government
had built irrigation dams and
dikes or levees. but it had done
nothing to tighten the farmers
burden of financial oppression.
Farming was regarded simply as
a trade. not a business, though it
is the biggest business in the
world.
For years a merchant has been
able to 90 to bank and borrow
money on outstanding accounts,
his stock and credit. A farmer
could not. except at usurious in
tcrest charges.
A manufacturer could get a
loan of thousands and hundreds
of thousands of dollars by mort
gaging his plant and signing notes
bearing low rates of interest. He
could make the loan run over long
periods of time. But the farmer
/ could not except by placing him
self hopessly IN the hands Of
money sharks.
With the coming of the Wilson
administration a new era dawned
for the agricultural classes. Here
is what has been accomplished for
the farmer:
~ Ildllolldl grain STdutS ACT.
a cotton standards law.
A permissivc federal warehouse
law.
A rural credits act.
The grain, cotton and ware
house acts are cooperative with
the new Federal Reserve banking
laws. Under the Federal Re-
serve act it is possible for the far
mer to borrow money on his
wheat, corn, cotton or other non
periShable products and hold it
until the market price is consid-'
cred good.
In order to broaden the money
market and get financial ASST St
ancc from the federal institutions
it is now only necessary for the
farmers, or private capital. to
build warehouses under yovrrn-
mcnt permits and then borrow
money on the warehouse receipts.
He can get funds just as the mer-
chant can on his accounts payable.
The farmer is placed on a par with
other business men, and he pays
the same rate Of interest.
Loans on farm mortgages to
buy, improve and better operate
farms. are provided fer Under he -
rural credits act. SO you see what
the democratic administration has
done for the farmers. It has full
filled it's promises. 1t has not
talked idle twaddlc about pro
tection". The farmer can pro-
tect himself when he is financial
ly independent.
With good common sense. mod
crn machinery and sufficient capt.
tai, the American farmer will hold
his own in the markets of the
world. This country now is the
stOrchouse of the world. 1t will
feed and clothr itself and other
nations and reap il profit because
for the first time in history the
Farmer is financially equipped for
he battle of commerce.
This is Democratic prepared
neSs.-Dcmocratic. Publicity Blu
'cau.