Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1916-10-12

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Ser Re "rc Cont iron page 81
ton in favor {: lass, to.wit the
farmers. TO the contention there are
three complete answers:
First, | shall answer the Judge out
OF his own mouth He declares that
the national land bank system is
good thing. He puts the seal of his
august approval upon that act. Yet
the national land bank Is in every one
of It's prime essentials exactly the
same as tn" Gardner land bank. How
can III" Judge in one breath commend
the national legislation whrh estab-
fishes a national land bank scheme as
a fair and Just law and in the next
breath declare that another law, ex-
actly similar in It's general character
istcs, is discriminatory?
Second, he duty of TIA" government
alwg!s has been to furnish the bank
ing machinery necessary for The prop
"r .unduct ni ;he business OF The coun-
try. In pursuance of this duty We
more than % years ago established a
national banking system. but confined
its activities to commercial business
and denied TO national banks the right
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The Gardner bill and the federal land
bank hill simply propose to give to the
farmers privilege which for so
years has been granted to all other
lines Of business but denied to the
farmer upon the chief class OF secur-
ity he had TO offer.
Third. It is impossible to benefit the
farming class without at the same
time ben"fittinl the country ut large
and every individual citizen thereof
The truth of the whole matter Is
that jude Lamm has placed himself
In opposition TO rcn cdial LEGISLATION
which viii work inestimabl" benefit 10
the agricultural classes OF Missouri
He undoubtedly plunged in without
having taken proper sourdinss He is
beyond his depth His opposition TO
this progressive legislation shows him
TO be the last man the state ought to
place in charge OF its business affairs
Land bank bills mark the beginning
Of new era in America The, do not
undert"k- to give aid By doing VIC
lence to the laws of trade ari com.
rlerC". They do not seek 10 benefit
tho farmer at the expense Of other
classes, but hey do furnish 70 the
farmer without loss or cost to the rest
IL the community means BY which
he can readily and chcaply secure the
, capital with which to carry on his en-.
terprise.
No man should be 40 ambitious to
hold Office aS to be willing % Opnosc
"-'"' forward movement si"Ipl" rar
the purpos" ~ Gathering some po-
4 Ntical advantage.
The constitutional amendment ought
/ to BE- sTipcrt'd by every man regard
/ less OF politics or place Of residence.
The Gardner bill received an almost
unanimous SUPPORT from the members
/ OF all political parties when II was
submitted to the Missouri general as
e'''hly. Nith.'Sh tie measure orig.
mated in the brain OF Z Democrat.
Fr"derick y Gardner. and WIS i"rr,I-
duced In the general assembly by a
De: Orr.r. T. Wa morally sUIi uE'"i!
by all Of the Republicans. 45 o: he
CO Republican LEGISLATORS voted for tho
bill, six being absent.
. !. has h,ou ~nr..l Is advocated hy
farmers o-s 'ni2Hripus ard SOC! ties.
/ The PRINCIPLES upon which III" Gard.
ner bin is founded has been ,ndors"'l
by tinanci"r' ami hv Gr"at Statesman.
Land banks arc not experimental.
Tho first land bank #@5 created by
i Frederick the Great. Prussia, with q
population with hut five and ou"-hal,
million hat Or s"vou years maintained
war against nations containing a
7 population OF Jus n"l. 500 When Fred
erick the Great emerged triuupnant
from that contest he found his fields
devastated. his cities In ashes. the
very roofs OF the farm houses were
gone The farmers wcr" without seed
cattle or h,rses In tn" mighty brain
Of Frederick Tho Great was conceived
the notion Of great land bank which
would r"huunC" the farmers and r"
vivity agriculture. He turned over to
his peasant suldiery the cavalry and
artillery horses Of The army. He gath
cred all available means and organized
great land bank system called tho
Landschaft From II farmers secured
at low rates OF interest money with
which to buy cattle TO restock theii
farms. and seed TO SOW their fields
Within few months time the hills
and valleys OF Prussia were yielding
bountiful crops and the impoverished
people OF Prussia found themselves
upon that highway Of prosperity which
they have continued to travel to this
day. The bank Frederick the Great
founded still stands. Similar banks
have been established In practically
other European nations.
The truth Is. the land bank system
has been tried and demonstrated &c
be a wonderful success. \ student OIL
h L..