Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-04-01
JUSTICE FOR THE FARMER
War Finance Corporation Would Con-
slider Situation.

The war finance corporation has is
sued a call for conference in Wash
ington on April of Southern bankers
to discuss methods by which the e1-
portation of Southern agricultural
products may best be financed. An
nouncement of the conference follow
ed discussion of the farmers prob
lens by the cabinet today after whicn
it said definite plans for farmers re-
lief probably soon would be put ,'or4
ward.
Announcement of the conference
was confined. to the bare statement
Of the, call and the. .date.,> In: the Light
OF the days development, however, 1t
was regarded as the first step by the
new administration looking to solu-
ton of the farmers difficulties.
Several other such meetings are
planned, it was stated. Secretary
Hoover expects soon to meet with
representatives Of the agricultural in
dustry to talk over with them the
problems which beset their industry.
Leaders of several farmers organiza-
tions also are preparing to carry their
kit of problems to the White House
in the near future, probably before
congress gets far into the work of the
extra session.
Officials Of the finance corporation
desire, it was said, to extend to the
Southern bankers on whose should
ers falls the burden of providing funds
for the export of cotton and other
products of the soil just how far the
federal agency can go in supplying
! the money they seek. In this con-.
nection it was deemed likely that the
treasury position with respect to ex-
ports to Germany also would be made
clear.
The campaign already has approved
loan of s6,OOO,OOO for the financing
of shipments to states in central Eu-
rope, and Secretary Mellon has said
there was no objection to loans on
exports to Germany provided the H.
nance corporation was given good Sc
curity by the exporting houses.
There have been indications on sew
eral occasions that the corporation
was ready to extend aid in shipping
to Czecho- Slovakia and Poland, al
though a public Statement to that ef-
feet never has been made. In these
two countries, exporters have reported
great opportunities for the marketing
of cotton and other exclusively South
ern products.
While there was no official express
sion tonight it apparently was the
program of those officials having to
do directly with the farming industry
to spread conferences over several
months in which time representatives
from the various sections of the coun-
try may be called here to see what
can be done for them. Finance COR
poration officials have said several
times that the western and middle
western farmers must be given con-
sideration soon. 1t apparently was
the consensus of opinion in the cab
met discussions, however, that the
cotton interests should be the first
to receive attention.
The meeting which Mr. Hoover Will
call, it was said, would be entirely
informal and will seek to develop a
program of cooperation within pac-
tical limits for the disposition OF
crops. Some officials were said to
fear that unless the farmers can be
given assurance of friendliness on the
part OF the government in the market
ing Of their products there will be
reduction in the acreage OF all crops.
It was indicated that first hand infor-
nation obtaiped in conferences such
as those proposed by Mr.. Hoover,
might suggest new methods for hand
ling and expectation Of all agricultur-
al products.