Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-10-08
"BETTER MARKET"
CA M IGN FOR
GEORGIA LAUNCHED
CONTINUED From Page ~

the most serious problem which con-
fronts the commercial. and agricul-
tural interests af+ of the TIES state charged
that the banks of Georgia making
agricultural loans, while preaching
diversification On one hand, on the
other would refuse to make loans for
the production of any other crop
than cotton. Unfortunately, there is
too much truth in this Indictment.
How can a bank lend it's depositors'
money on community loans, based on
agricultural products, for which
there is no ready sale? But the
time has now come when loans for
the production Of cotton, except in a
limited way, are even more hazard
Gus.
"Such a condition from the coun-
try banks standpoint is intolerable;
the bank suffers both directly and
indirectly, the prosperity of the state
is largely destroyed and the profit
taken out of industry and banking.
I'VE have heard much of the mat
ter of the balance of trade" between
America and the rest of the world.
which is in a large measure an i'm
dex to the prosperity Of the nation
but every state and every community
in the state has it's own domestic
comrpunity's prosperity is vitality af-
fected. To become rich and pros
porous, the community must sell
more of it's products to the rest OF
the world than it buys,
1T is of no use, in fact, it is an
economic waste to produce more
than we can consume and sell The
days OF barter are over and agricul-
tural products must be marketed
ia1 ol w
the agitation for diversification was
first begun, the question of markets
was raised and we were told when
they grew the stuff the market
would come. That has proven to be
false, and with the corn cribs of
Georgia bursting With a record yield,
the grain dealers lin Georgia are
stlll buying corn from the west.
This matter of markets is not a
Iarner,s problem; it is business
mans problem. To very large ex-
tent when the, farmer has grown the
crop, put it in condition to market
ana brought it to town, his part of
the TASK is done-the distribution and
handling of the crop after it is pro-
o4ced Is up to the business man.
agriculture is the foundation of ali
business prosperity, and fhe disor-
ganlzatlon of business in, Georgia to-
day, due to the lack of adequate
markets. is very serious one for
every business man.
o Solution Suggested
fortunately, the country bankers
OF Georgia are probably in closer
Touch with our agricultural ponuIs-
lion than any other business men
ahu even more fortunate is the fact
are organized and accustomed tn &c
operating with each other. And so.
seems that it is up to the Countrv
Zen" anheTs association of Georgia to
lake the lead in this matter of ag-
rlcu!Iural markets, and so far as
possIole, Place the trail, so that tha
business interests of the state IF
Georg1a may recognize and take tba
GUS situation. ILLS serl-
With this in mind. If has 90
o oef 70 me that probably the most
eIetctlVe thing which we can do is =
facts irSS,I-Carefully ascertain the
n n1Si IN respect to this situation,
know. eeheiai way
Second-To exploit these facts h.,
giving them as wide publicity in +b s
sIate as possible and direct attention
VI the business public to the sif11a-
ZION as it exists; and
inlrd-Based on the facts deyeI-
or,eS 0NASO HIeCnOuS and plans to
overcome these difficulties and mt Ut
tn0Se plans into operation.
IL seems to me that the nroh1aro
LOO Dig and too complicated to
seek 10 solve without thorough IN
uerstand1ng Of the facts, and that anv
pan paSed on partial conception
, OF the situation must necessariIw ba
defective. -A' NC
To do this effectively, am of the
opihlon that II we can interest one of
nian al oyer the state in co-operat ton
with the Country Bankers association
20 develop and investigate these con-
ditions and to write a series of ar
tlcles on what he learns, that we
would be making real progress, and T
nave reason to feel confident that
can enlist active cooperation of The
Atlanta Journal in this enterprise.
III this proposition meet with vo1r
approval and you think it a proner
activity for the association to engage
In, l shall be very glad indeed To
nave you write me to that effect.
FOR the present at least, it will
| not be necessary to make any special
| appropriation for this work-all that
! VIII pc necessary now, will be the CO.
| operation and support of the executive
citation.
In my opinion, the matter is one
OF vital Importance to every citizen
! or the state and to members of this
association particularly, and 1 hope to
near from you by early mail.
| Very truly yours,
.. IL. r. ADAMS Sec"