The Penn's Grove record., 1921-10-21
Secretary Agee's Annual Report
Shows S312,O00.000 invested
in States Agricultural Industry.
FROST AND DROUGHT COSTLY
Market Advantages Make Jersey Farms
Bargains-so Declares Secretary, Not
Ing Advantage Over Remote Pro-
ducers-Prosper Despite Drawbacks.

We" Jersey lof farming, resulting
from changed conditions, are de-
scrlbed III the annual report Of Secre-
tafy AIYah Agec of the State Board of
Agriculture. This shows that in 1920
new Jersey had $3l2,OO0,GU0 invested
70 farm property. aifordlng homes and
means 81 ilN"IiIood to 10000 farm
owners and Il living to laborers re-
celVlhg SlS0B1N'u.
There was, says Mr.. Agee, "a long
tern OF years when New Jersey was
at "a disadvantage in competition Will
the fertile lands Of the central states,
Dut the time has come when proximity
TO 1~l,O0O,000 peol Ie III and neal her
borders Is a big cash asset. 1t is
partly for this reason that the best
farm bargains today are in New Jer-
sey and states adjacent rather thar in
the states of the great Mississippi val
ley. Both soil and climate favor the
production of food city workers want
In fresh condition, and even when a
&0Ss must be taken in production it is
not comparable with that sustained at
this time by producers remote from
market"
Mr.. Agee said there might have been
relatively little loss in New jerseys
agriculture during the present season
but for the great damage by frost and
drought. Frost destroyed II per cent
Of the states apple crop and 85 per
cent OF the peach crop. An extraordi-
nary drought nearly ruined the states
poealo crop, amounting III l9zo TO a.
$1,000 pusllels' WHICH solu TOT $lo,-
o|o,oos ho'"l'llS'ahdlilS eN'faordlnarl-
~ lo" prices prevailing IN the latter
part oi tne SeaS"l' Inns yea the po-
ta'o yieiu Is less INA oo per cent OF
iasl years crop
y 1hese losseS' uae 10 more or less
= ocal causes continued Mr.. Agee'
are d pls factor III REDUCTION OF the
A@lHiels aplll! 10 purchase out they
are less ulsleartehlhS IMAM the more
Yamaheht loss uue 10 the lower eve
of prices LOT wheat corn COTTON ana
1--WE stoch cohlr"liIihS tHe lahd owners
west VI the AlIesIehS mountains Inc
We" 'eiseA l"'IIer II happlI placeu
we must pass through an era OF 10"
pIFceS' Dl>couraSIlIS as the OUTLOOK
10 10 mdhS' 1t - iess 50 lhah seWhere
Ill tnls country
Necessity lor lhcreaseu creult 1aclll-
tleS lor tie ldIIher are stresseu by ME-
Asee' WIZ uescrlpes the SITUATION eA-
!stlhs' DIS lollo"s'
Need Much Short Time Credit
"Our farmers require a large amount
of short time credit. They are pro
ducers of special crops, and there is a
heavy use of supplies. Dealers in
commercial fertilizer, farm nipple
ments and the like provide a great
deal of this credit by selling goods on
time. Such AN arrangement places
both buyer and seller at a d~isadvan-
tage in the long run. The credit of
the farmer is good. or otherwise mer-
chants could not carry his paper. and
the State Bankers Association, CO.
operating with the State Board of
Agriculture and farmers o~rganfZa-
4 tons, should be able to devise means
' for direct financing of our producers.
'The banks finance other operations
to the advantage of all concerned.
Some expense in production can be
eliminated to the proht OF both pro
ducer n consumer II a cash basis Is
universally adopted. Inc orSanlZa-
ton OF Tor collective actlon
should make possible some basis OF
financing that would be acceptable to
those whose business 1t is to provide
funds for the production II market
ing of goods"
Mr.. Agee says II is Impossible TO de-
termine at this time the Roadway
made in h fight against the gypsy
moth, for winch the legislature at a
special session last December, appro-
Giated Sll2'0oo, to which sll''ooo
was added by the federal government
determination or even control OF the
moth is possible, Mr.. Agee says, only