The Birmingham age-herald., 1920-12-03

Judge Gary says that already many of our farmers. especially those who cultivate thousands of acres, are learn ing the intensive methods of cultiva ton. Our soil has been so abundant
 and far reaching. the original cost of
 it so slight, some of it practically free to settlers, that American agriculture had been characterized by some extrav- agance or wastefulness. Now these
 harmful influences are passing away. Judge Gary says that with intensive cultivation of American soil there should be an increase in the produc-
 tion of wheat alone of more than 100 per cent. He is more moderate in his estimate of the possibilities which fol
 low intensive cultivation than were
 Mir Hill or MT Clark.
 All believe, however, that if these latest methods of agriculture are
 adopted by the American farmers ther
 the United States can cultivate every year and for many generations and no matter now large the increase in popu
 lation, all the wheat that is needed for domestic consumption as well as othe
 grains. and have yearly a large sur
 plus for export. Judge Gary intimate:
 that if this can be done, then tho
 wealth of the United States will be greatly augmented every year, and it is
 upOH lilt Wcalln WHICH lit6 IdTDlGTS create that fundamental prosperity is based.
 AFTER THE DEPRESSION It is the hope in the new administra-
 tion which begins next March. Con- gross will act not in a partisan way
 but in the spirit of modern American ism, so that farmers may be encouraged
 to increase their production and fur thermore. so that the many millions of acres of land which now await culti :
 vation, may be peopled by farmers who
 having learned that the farms offer
 fully as great an inducement as do the industrial centers, have made up their minds to take advantage of these opportunities for agriculture
 MIR. EEPBURN'S FORECAST A. Barton Hepburn is esteemed as 2 man we'll qualified to forecast finan-
 In addition to native ability, he has had long experience, having served as comptroller of the currency, president of one of the larger New York banks and being identified not only with the American Bankers association but also with the New York Chamber of Com merce. Moreover MT. Hepburn never speaks at random. He is conservative but wisely conservative. Therefore, his AHtOot StdtciueHt WHICH reIerS to pres ent conditions and the future has been gratifying topic in financial and busi- ness circles. When MT. Hepburn says 1 that the Federal Reserve system and the banks have been able to cope with difficult situations and will continue successfully to do that, he speaks as one having knowledge. He does not fix time when recovery from prevailing depression will begin, intimating that no man can do that just now but he is
 as confident that there will be recov- cry, which will be followed by unex- ampied prosperity as he Is that the sun will rise. All that Mir. Hepburn has said Is in line with comments which have been made by other leaders in American industrial and financial life
 All are confident that depression is to end without serious disaster, although
 at the time accompanied by some em parrassment and when 1t does end and recovery begins. we shall find our selves on the verge of an era of pros perity, the like of which the United States has never known.