Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-01-04


I'll 5 o sDe special G @ nGc PD
tanned are also reserved
the venerable Penrose long the pokes-
special national law-makng body con-
curing with President Wilson, whom he cordially
when the latter mono'y 10 congress ms veto OF the act
the finance corporation for the benefit of the farming
and other interests of the With the in both
from practically all sections of the camoring
hurried placing of the act operation the hope alb
soute that will afford relief Pnrose speaks up
boldly while he paired vote
he able do so he would the president
Whatever have been the presidents using his
this actand they the best doubt although
probably the result of the advice Secretary Houston
referred hee be doubt about Penoses Pen
has always been ouoken against the interests of the
people and has welded his power politics
And the uspoken opposition OF Penr" to the finance
ton act Will appear toa great many be another argument
its favor from the standpoint of the good the people large
FORMER Secretary McAdoo native Georgian and big
world affairs does wholly with the deAaion
and policies pursued by Secretary Houston and other officials
Policies thus far pursued with respect been too
drastic liberal policy about credits should be put
Immediately
Reserve bank could be prudcnty reduced Member
banks could be safely encouraged make loans agricultural
products and business generally reasonable
adequate security The whole would benc6c
tally affected by this procedure
Every intelligent person sympathze the effort to pre-
speculation and the of credit for purposes to
the general interest but wise discrimination should be
and certainly the primary producer like the farmer should
forced to bear the brunt of the sacrifices
N many parts of the country especially agricultural dis
icts credit almost entirely wanting and in lines eg
mate business and industry great losses being sustained baue
the restriction of credits,
eaion carried on so far and with such rapdv that
reconsider the situation and make prevent
further distress and suffering and bring about revival of industry
! and confidence
we should make every effort stimulate and enlarge our
export trade This especially important the farmers because
approximately SO of export represents
products European nations desire grain other
products but have credit 1t supply that
credit ~.
The action of the League at Geneva for
the establishment of International consolidate the
lite thaC E,ro
the purchase of American commodities important step and
offers opportunity for helpful by War Finance
ORDINARILY people flee from the pemis They dodge the
overly fond of talking of his troubles They
still anxious avoid the who talks that
is only imagination the panicpredier for This
true it And today there of
this viewing with alarm
1t isn't that there need for pessnsm isn't that the
country off than The United
States than before years crops were
fine The years production of manufactured goods all that
could be desired No danger threatens from without within
No danger? Yes there dangerI The danger of loose talk
Richard S Hawes former president of the American Bankers
Loose talk and gossip is the dangerous of the
conflicting of the present time
He asks for calm thoughtful consideration of prevailing con
dtions.'
Let optimistic the future Halves
advises and develop minds firm foundation belief
IN the future OF our country its and its people
Here are we the richest nation earth the intelligent
people of natural tremendous wealth cd
daughter, tool
Why indulge in loose talk when there something better 10
talk about? ;
Ponz has become writer his ambition being produce
of the six best cellars.
Roland Rcc the ambassador said talented
skilled corporation lawyer He Root of Italy
Indications that the Volstead made the water
wagon entirely obsolete as January vehicle
Wonder if the Rockefeller foundation couldn't establish
school to teach sign painters how to SPELL
District of Columbia and neighbong have game
laws protecting the migratory lame ducks"
hey must be using Mexicos oil to Intricate wheels of gov