Milford chronicle., 1920-07-02


ton for President. Lets hope tina
the women will come into their OWL
and justice and fairness shall pre-
vail.
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THE Democratic Convention il
session at San Francisco, California
is affording pages of reading for thu
public, and it may be that by thu
time this paper reaches the readers
candidate will have been chosen
There are score of candidates fol
the honor, and there are as many
factions, warning for their own op-
portunities to make the race for de-
feat next November.
= =
THE census of Delaware as made
known from Washington, is no sur
prise to the people, and our belief
had been, that Delaware would make
but little gain in population, and for
that reason there is nothing sur
prising in the figures announced. In
Wilmington there was a growth, for
the principal reason that the munit-
ion works and ship building indus
tries attracted thousands to them dur
ing the war period. In some parts
of Kent and Sussex counties the peo-
pie moved out almost as a unit to
garner the harvest of high wages.
This condition has not ceased up to
the present time in lower Delaware,
but. the people now are going to
Chester, Pennsylvania, to labor in
the artificial silk mills where large
wages are yet to be earned. But for
several months the tide has been
Stacking, and in many instances.
turning back towards the rural dis
tricts. We're the census to be taken
at the present time, the loss of pop
ulation in Kent and Sussex would be
overcome to a great extent-at least
such is the opinion of many who
are familiar with the facts. In an
other part of this paper we print a
brief statement of the census report
on Delaware, which may be of in
terest to students of Delaware affairs.
- =
THE FINANCIAL SITUATION as
reported thru the Federal Banks, and
the great institutions which finance
business generally, is interesting
reading and well worth considering
from an agricultural point of view.
1t should concern every farmer and
land owner who derives income from
agricultural efforts. The New York
Times this week in its financial col
umn commented on the conditions as
follows:
There is a factor of the credit sit
uation connected with the crops
which may prove of much interest
before Autumn. The Southwestern
wheat harvest, in Oklahoma, Kansas
and Nebraska, is coming along and
the grain would be expected to move
shortly toward the centres of mark
ct distribution. But this year there
are two influences working to retard
shipments. First, Reserve Bank Of
ficials and their contemporaries in
the member institutions have been
urging for the last month that due
consideration be made by grain grow
ers and dealers of railroad transpor
tation conditions, to the end that a
situation of admittedly great cOnges-
tion be not complicated through hur-
ried transfers Of wheat from farm tC
central elevators. The second influ'
ence lies in reports that farm assO
Citations are urging producers who are
able to hold off to keep their wheat
for higher prices next Winter. i
stands to reason. of course. that {
great many growers, needing thu
cash proceeds, win sell as they have
done in other years. On the othei
hand, there are many others who's
bank accounts have grown in recen
profitable seasons who probably viii
elect to wait for later market devel
opments. News dispatches last weel
told Of the hurried construction Of
storage facilities on Southwestern
farms. Wheat in Chicago or Kansa
City elevators becomes excellent col
lateral for loans. but the same pro
duct in scattered lots at the sOure
Of production does not. Farmers VIII
decide to hold may find it necessar,
to draw on their bank balances 70
working funds. thus reducing tn
media for bank loans, but the with
holding points may reduce appreciab
" the demand for loans, far beloy
the totals which bankers have bee
calculating. It would be a matter o
considerable relief if the call 70
credit incident to the distribution o
the grain crops was distributed owe
the Winter and Spring months in
stead Of bearing heavily upon th'
Autumn.
Is this to be a year of cheerful
surprises in agricultural results? Al
other elements being equal, las
weeks weather, as recorded by Gov
ernment observers, indicated a salts
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