Middlebury register. (Middlebury, Vt.) 1886-1937, 1921-01-14
UNCLE TED'S BED
- THE STORIES Il
Republicans Vote to Help the Farmer

Republicans Vote to Help the Farmer
81 wonder when you put on YOU
clothes. eat wheat bread, brown bread
rye bread and the hundred and one
products from the farms il you real
we what conditions the farmers have
been and are working under today2'
said Uncle Ted while Jack and Ruth
we're walking with him around theii
grandfather's farm.
II don't think about it at al" spoke
up Jack.
That's Just it, Jack" replied hi,
Uncle. "The people living in the cities
little realize just how they are able
20 eat each day and what it means to
get the products Of the farm to them
The farmer is up against a serious
matter but thanks to Republican
Congress they may now be able to pull
through their troubles The price the
farmer has been getting for the years
products has fallen to the bottom
while the cost to him OF materials and
equipment he has to buy has gone
down but very little. This condition
reached the point where the farmers
found they had to get help or face f.
nancial ruin. which would mean a
mighty bad thing for everybody. The
prices of farm products we're high this
year up until the time when the farmer
had something to sell. when bang
they dropped"
What will happen7" asked Ruth,
simply this. Ruth, would happen
if help isn't given the farmer-tbe
country will suffer terribly, because il
THE farmer can't sell his products for at
least what it cost him to raise them,
ne will 20 out of business, which will
mean. no food"
"Well. hasn't anything been done to
help them7" asked Jack.
eyes, Jack a Republican Congress
working against a President who re-
fused to sign the bill to help the farm
ers, has succeeded in passing it over
his veto. This bill. or resolution, as it
IS called brings back iAto existence a
body called the War Finance Corpora
ton which worked during the war
THE resolution, which was intro
duCed in the Senate by Senator A. J.
Gronna, Chairman Of the Senate Agri-
culture Committee, was passed by the
Senate and the House some time ago
but President Wilson returned it to
The Senate with a message saying he
would not sign it, To make it law
ut was necessary for the Senate and
House to repass il by a twO-thrids
vote. The very day it was returned by
Mr.. Wilson. and almost before the
clerk of the Senate had finished read
ing his message. the Senate voted
again and passed it over Mr.. Wilson's
head by a vote of Sd to 5. The next day
the House voted on it again and they
Oassed it over Mr.. Wilson's veto by a
vote of $50 to &c. Work has already
started on reviving the corporation and
within a little more than a month they
will begin making loans There is al
ready a balance to the credit of the
corporation in the u. S. Treasury of
S375,OO0,000, but this will probably not
be used as it would mean a lot of
what is known as red tape The cor
tDOration will probably make its loans
by an issue of bonds instead. Through
this body the farmers may be able to
sell their surplus products to Europ-
can countries and keep the products
moving. Really. what the War Finance
Corporation does is to aid the farmer
who wants to lend his products to
Europe, to be paid for as soon as
Europe can get money"
81 don't understand that, Uncle
Ted" spoke up Jack.
Well lack. I'll give you an example
of what | mean The banks in the lit
tie country of CzechO-Slovakia and the
industries there making clothes wanted
to buy from us about 100000 bales of
cotton. That little country is strong
from a business standpoint and is a
leader in Europe when it comes to the
reconstruction necessary since the war
She saw a chance to sell cotton goods
made in her factories. If she could
get the cotton. She could pay for
part of it in cash and of course she
wanted credit on the rest until she
could make the goods and sell them
LIZ "th' q NeloI NhNlC LlN " al IL
nance Corporation could probably do
something just IS Congress intended it
should he done. 1t was a chance for
the United States to help CzechO-
Slovakia, without cent from your
father. Johnny's father, or myself or
any of the other millions of citizens,
in the form Of charity. and at the
same time help the United States"
What happened" was Rutb's ques-
ton
when the terms VI the agreement
were about agreed upon, and right in
the heart of the deal. Secretary of the I
Treasury Houston. ordered the War
Finance Corporation to stop work !
And he is the same man who advised |
President Wilson to turn down the
resolution to start this body working
again"
But it didn't do him any good did |
~" was Jacks comment.
mo it didu't lack Immediately |
after the Presidents message on the
resolution was read in the Senate a
Democrat. Senator Underwood. got up |
and said During the war the War