The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-07-18
n. lei. DAIRY FARMERS
READY TO QUIT
Claim Business Not PrOfitable-BanlIer
Presents Conditions as He
Sees Them.

HlNSDALE, \. H.. July lS.-Unless
rehef IS afforded soon to dairy farmers
OF this country, they will quit the bust
ness and try something more profitable.
Tins was the opinion expressed by the
farmers themselves at Il recent meet
my which was presided over by A f..
Pierce of Winchester, president of the
Cheshire County Farm bureau. The
session was held on request of a special
congressional committee which is in
Vestigating the farming situation.
Senator +. q. Smalley of Walpole, a
farmer all his life, testified that if pres
ent conditions in the dairy industry con
tInue to exist he will get out from I'M
der Just as soon as he can make the
shift. {. +. Iowne of Rindge stated he
would not make any milk # there was
any way of keeping his farm up with
out having livestock.
III. l.. Fay, secrctary-treasurer of the
heene Savings bank. told the farmers
that there Is an unusual scarcity OF
money and an unusual demand by Dor
rowers. He added that in a years he
has not known time like the present.
+. III. Rogers, president OF the State
Marketing association and master of
the state grange, said the dairymen in
tins state would have been bankrupt
long ago II 1T was not for his ability to
Keep down expenses by working him
self. He said there are $500 less farms
IN the state than 10 years ago, and
added that there are Just enough farm
lands left to run % years at the same
decreasing rate. Mr.. Fay said his bank
has keenly felt the number of with
drawals, some of which he said were be-
cause people had TO get money to live
on, while others withdrew their money
to invest it at a higher rate of inter
est.
SO far as the savings banks are CON
cerned, he doesn' think they are hold
ini. their own. The Withdrawals are
larger than the deposits. not violently,
but steadily. They can hardly BE- eX
pected to he any different for people
who have money to invest or lend.
These people are not going to place it
at 1 per cent when they can get or
s per cent. Mr. Rogers said he has
found that the sale of real estate in
this state has stopped because of in
ability OF people to obtain money. lie
stated real estate men have complained
that their business is coming to a close
because of failure To place their mort
cages at a reasonable rate. He believed
that the time Is not far distant when
the farmers viii have TO finance each
other.
Mr.. Rogers also said that young men
of the state are getting away from the
farms and taking mp employment where
they can earn a living wage. The aY
erage age of the farm owner today in
this state was set at between 81 and IS
years by Mr.. Rogers
Through the county farm bureau and
the State Marketing association. the
Cheshire county farmers have recently
consigned 5000 pounds of wool of this
years crop to be converted into wool
products. such as cloth or blankets UNI
der arrangements to he made by the
state association. Last year the Che
shire COUNTY farmers disposed of about
the same amount of wool in similar
manner receiving 10 cents a pound,
while dealers were Offering less than
half that sum, it is stated. This year
market quotations on wool are very
low. Information as to how the over
head costs of marketing and making up
the wool are met is not ut hand.