Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-01-07

efforts to prevent the passage Of the
bill. the administration is going to sec
TO it that the benefits it hoped for are
not going to be realized.
For instance we arc told that two'of
the original five members have re-
signed. and although the remaining
three constitute Il quorum, Mr. HouS-
ton, the chairman, is SD busy win his
,ther duties as secretary of the treas
my" that he will not have time to look
after the business Of the board. and
Of course il is doubtful rs TO whether
tho senate will confirm the nomination
of such now appointccs as the presi-
dent may select.
Thai is not exactly the state of af-
fairs that the Yorkville Enquirer anti
cipatcd: but the general elect IS
cvactly what was anticipated. THIS
administration has never been cs-
pccially noted for its respect for con-
gross or for the constitution either, for
that matter.
The Iorkvillc Enquirer recognizes
the dcsirability, even the absolute
necessity for dcnatinn, and readjust-
ment as much rs does President WE
son or Secretary Houston; but Mt the
same time it believes that it has 4
higher regard for common justice and
tho eternal fitness Of things IN this
connection.
If, instead Of beginning n year ago
with q nation wide propaganda to the
farmers to produce and produce On Il
basis of then inflated prices, all gov
ornmcntal and controlling financial
puwers had sounded warnings OF their
intentions and told the farmers what
to except, there would be no reasonable
ground for quarrel. Everybody with
rr,in of sense knew that the conditions
of y wear ago could not go on indci1-
nitcIv: but nobody except the led
cral reserve board and the most power
ful ccntcrs of organized finance couid
know whether it would be this year or
ncxt Under the circumstances the
farmers have right to feel that they
have been caught in Il deliberately lald
trap.
nut of course il the grain growers
cotton farmers and stock ralscrs iad
been honestly warned a year ago as 10
what WAS coming, we would not be
having any dcflation now, because IN
the face of tremendously reduced pro-
ductiun, the country would be paying
for things about what they arc worm.
Also. those people would he in posi-
ton to pay what they owe ana con-
tipuc business on their own resources.
As thc thing stands now it looks TO
the Yorkvillc Enquirer rs II DIG DuSi-
ness is merely playing To WrcsI l''c
farmers produce from his hands ut
less than half its value and then make
The ultimate consumer pay The price
that should have originally gone to the
farmer. leaving the profit in the HANDS
or ..bir business" and leaving the
farmer fat on his back, poorer 1han
he was in 1913.
The revival of the activities of the
war finance board, directed IN good
faith. can easily restore Il good part "l
The losses that arc now i'll prospect lor
the farmer If the farmer can hoid
out for some sixty or ninety days
longer, he can probably recover lhose
losses regardless Of whether the ";lr
r,,uco hoard functions or not. What
ever happens, however, the laiil''
should take warning now that under no
circumstances must he raise tins year
one pound or bushrl more OF anF'h'hS
Than he can raise through his own
;,,1;,.;1,,o1 resources in labor and cash,
without having recourse TO cHle!"eu
credit.