The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-04-17


therefore me younr farmer who
could set enough ahead to mako a
very small payment on a piece %
iand-enoueh TO eive him q foothoid
-und who had "a lot Of hard work
IN him. and who had "a good vito.
nj most ~ thcm have. his been able.
b. Twins very economically. denying
himself and hia wife the iuxurica ana
many 81 the comforts uf life. - hang
on. paylng cut on the farm and n.
nni1 to ree a arowing into a valuable
Prosperity Depends ON Markets.
No doubt, when We get through
this period OF world readjustmcnt and
get squared avn on an orderly basis
there will be- a gradual incrcasc in
the value OF farm land. provided our
national policy H. fair TO agriculture.
but this Increase win be much slower
than h. umes PAST. The speculative
value has been taken out Of b land
THE farmer can no LONGER depend
upon the Increase IN thc value 81 hts
farm to make good losses suffered
through his farming operations year
hy year. Farmers crops must soil
higher relatively 81 the future than
in tho past.
We socm 10 have been rolng on
the theory that the fertility ~
soil. especially In tho great corn and
tame ntnas country, D. i~nVNhaustlhic
To the nation This b. n most danger
nus theory. We must set about ln
earnest the development of On aEri-
cultural policy which win enable ne
10 feed OUT people AT fair prices and,
az the same time retain he fertility
OF our soil. our greatest national ma
torini asset
The Increase On tenancy has
aroused great concern. MANY people
seem { o think that tenancy Is In a.
self an cvll. Not necessarily 80. A.
land advances tenancy Increases This
has nlwuya been true everywhere and
II IS not necessarily "a had thing W.
itself The farmer who q u limited
working capital can far better afford
a. rent than 90 own after The baud
has reachsd a. fairiv Stable value
inse,l uu ~ productive power Men
are Willing 20 invest their money Ia
land and accept a very low rate -
Interest because Of tho security OF
the Investment hut there are evils
which grow gu OF tho tenancy avs-
TEN which must he corrected.
fug Problem Demands study
% ne are 90 make this O. aclf-guF-
tanning nation arrlCuiturally. us prcl-
ideni Harding put ~ in ono of Die
speeches. there b. nc time TO D." lost
in studying these great problems. ~
a. not o. question of production alone.
able to SOL what he produces at a
price which will Justify him in con
ltinulug TO produce. We are tho hest
producers tn tho world hut our sales
system ~ very had indeed. We must
study everything which influences
both production and price. We must
Hook Into the matter ~ competition
I fuUrs F.mVasra Of F.W.NWu NmWIr HHE.ra
fthe agriculture u stiil being exploited
and whore the standards OF living are
very much hclow he standards which
We demand for our people. VIC must
look into world conditions both oi
supply and ~ demand and produce
more iutoillreutly and adjust our
various crops 90 the probable needs.
We must look into the adminiatra-
zion OF our credit machinery. Those
who control the finances OF tho coun-
try and Who have IN their power n
Influence. either directly or Indirectly
the extension Of credit can exercise
n large amount Of control over ths
prices o. farm products. The same
lthinc b. true Of the administration oI
our transportation syatcms Through
The simple device OF regulating tht
flow of CARS the prices OF farm prod.
ucts can be sent Up or down NJ tho
will Of those who exercise Tuch ron
troll We had some costly expert.
enccs along this line during tho war
~ short Tho people OF d nation
must come 90 understand that oul
prosperity az "a nation depends up0i
"a prosperous 1914 wholesome nrriCii
furc.
I can not now speng in detail o
fhc many lines OF work ln tho Dc
parimeut Of agriculture. We hav
p here e mnruincent body Of men and
"a splendid organization. We ar
going to 10y 10 usc tho scientific AM
practical knowledge Of these me-
! Wherever 10 can host be used Co pro
Y smotc tho agriculture Of tho nation