The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-03-09

4
That West Virginian are now, ana
have been for some time, interested
inSthe question Of rural credits OF
which Senator Fletcher Is a champion,
was evidenced by the number OF let
tiers which Senator Fletcher has re-
ceiyed from citizens Of that state on
the subject, making suggestions which
will benefit the farmer, and commend
ing him for the stand he has taken on
the subject. A number Of these state
ments, with those of others Interested
In farming in other states, were sub
United by Senator Fletcher in his re.
cent eloquent address before the high"
z err body OF Congress, Among these
letters were communications from F.
n Lockhart, of Parkersburg: Mrs. M.
ISL Potter, Van Landt; Charles w. Bar.
rick, OF New Martinsville. Statements
were also submitted from each state
which is particularly interested in az
rfculture, in the form Of reports from
h state committees, as to the wisdom OF
aSchange in the present plan for rural
credits. The report from West VtT.
gtnia expressed the hope that the
movement would "call to the attention
OF the governor and the American
commission the need and opportunity
for cooperative action among farmers
In West Virginia, the proof that such
ORGANIZATIONS succeed when properly
managed, and that this branch of the
business Of the State Is exceedingly
small when compared with what might
bssdone Of the State should enter with
earnestness upon campaign for bet
ter farming, better farm business, and
better country life. Needed-more or
ganized efforts among farmers OF
West Virginia. Our farmers need spe-
cia1 facilitfeS for long time credit.
This form Of credit is needed by pur-
chasers OF farms and builders of
homes who are not able to make pay
ments in the times generally sttpula-
ted under the present business sys.
tenn. By what Is called the amortiza-
ton plan a poor young man could buy
az farm and borrow the money to pay
for 1T in 25 years or even so years
time. He would be charged for the
entire time q rate that would amount
5tolan annual payment sufficient to pay
sthasinterest, small amount for bank
administration and for amortization.
InqEurope many such loans are made
for 81. years at an annual rate Of about
~ per cent" It is claimed for the
present bill under consideration in the
Senate that 1t offers practical, work
able plan for the establishment OF a
system which will enable the farmer
% finance his enterprise at a low rate
ofinterest and on terms he can readily
meetYo out of his earnings.
sMother'' Jones who Is here In con-
nection with labor troubles she is pre-
senting to Congress for the West Fir-
GINA miners, was prominent figure
"a the first real street car strike
washington has ever had. Though
matters promise speedy adjustment,
and there IS every reason to believe
that ai long strike has been averted,
the Capital was practically without
street car service all day Sunday, and
Totally without it after six in the even
ing.
Mother Jones, at the afternoon mass
meeting. OF the strikers, delivered a
scathtng attack on employers. She
said American life was founded on a
strike. The American revolution was
astrike against tyranny and the Amer
icanfspirft thus expressed today was
aHeTse to industrial tyranny.
Mrs. Edward Cooper, wife of Con-
greasman Cooper, was at home yes