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

NMF NMN|NN NV AIIIINN MNU"N NMN
Vases 81 farm hands are about 100
per ccnt hoy the prcvnr normal.
railroad rates are from 90 % 80 per
cent above preUar normal. such ha-
Nc commodities as-plE iron. coke.
petroleum. ilmhcf. Portland cement.
are far above tho prewarc normui-
from 100 To- lao. nr0 in some cases
200 rer ccnt above the nrcWar nor
mai. Factory ways and isilroad
wages are both mufr han 100 per
cent above the pfcWnr normal.
Ia other words. while Nhc farmer
u selling tho things he produces a.
prices no higher u for great sur
plus crops. lower than the nrcwar
normal. he mus buy practically
everything he needs al prices from
30 20 isQ per ccnt above the prcwar
normal The severe AGRICULTURAL de-
precision 81 Inevitable A. Ions as such
a condition exists and this depres-
sion win certainly he communicated
70 Industry and business FrtcraiiN.
n j. "a situation which should chai-
icnGc the very hrst thought OF the
entire nation n if continues ahe
trouhlc win BE- communicated 10.
everyone. We are hruthers ~ 81
nnother Anything which hurts the
farmer win very soon D." c0mmunl
Gated a. All OF Our ciftfeus The
farmers represent probably 81 90 80
per cent N the population Any
ihlnr which scrioualy affedtE their
having power ~in bring trouble 90
the people, who make or deal ia the
things Che farmer huyh
Morc Cuisines needed.
NJ o. "a terrible Indictment ~ our
mfdern ciNili1lflon when This great
country b. in Tho period 81 what al
most might be called economic ehnpH
hocnnsc Of "a rrcai SURPLUS Of food
supply. while ACROSS the senf. M both
directions. almost half the world is
suffering for want Of food
statesmen a given more thought
to getting the world hack on a sound
economic basin. and perhaps had
epent loss time on ideallatic schemes
and theories. they would have rem
dercd a greater contribution 20 ne
peace IN nrderiinesa ~ happiness
Of The people OF tho earth.
Now a. 10 this present situation.
surely the duty Of the DEPARTMENT Of
agriculture " evident We should do
everything possible 20 find an Quite
FOR his great food surplus We should
scarch tor WAYS t. prcduce mos
chcapiy. Our scientific men should
ty 10 lind new uses for onr sur
Mus crops We should help develop
more efficient marketing syateins'
siraightening curves and lowering the
GRADES between tho producer n The
consumer. " u a time for every
man who can help TO take bold. A.
In the days when we dragged our
fire engines BY hand TO the scene q
the fire and every good citizen
rushed out and took hold or the long
rope and did HE DIT. 20 We must
DO now. Every good citizen, no mot
ter ID whA. business he may be en-
gagged. should a. what he can TO help
the farmers through this period Of
depression. not Tor the sake OF help
ing h farmer alone, but for the Hk
Of heipinT himself.
I'rccs MUS BE Averaged
We can not hope 90 each normal
conditions untt We arrive ON a price
level which will be- mir Co nii ou
people aud an products. Farm prod
/ ucts must come 40 ln price and Other
3 products must come down until ar
normal relation between them pas
been iostorod. This talk Of hrinEini
b prices. whether farm prices or otheI
! prices. back 70 the preHar norma
Is morally wrong ana economically
impossible. We Incurred a heavy nn
tional debt on tho inflated prices
n We could force all prices back e
the prewar .normal-which We can
D not-h wouid br equivalent TO Jus
f, about doubling that debt We car
b nay off our debts much easier II W.
? maintain a price level more ncarl'
D the level az which the debts wcrI
incurred. Of course the eNcessiNci'
! nigh prices which prevailed durinl
= tho war can not continue, but u Wl
r should try % bring about "a level
Z say 20 per cent above thc proWnl
normal. everybody would be bette.
{ off.
We viii get through his period
b The nation ia not going bankrupt
The farmers are not going bankrupt
Neither are they going 90 Tie dow
on their Job Gradually farm price
Will be- brought into fair relation
10 with other prices aud We viii ~
70 ahead hitting o. All cylinders Bu
. there b. another think In Inc lonI
run-a more important phase % on
AGRICULTURAL problem which We haf.
I been slow IN considering. Lea m
sketch briefly the development of on
E Warmer Has Not Grown Rich
The farmers ~ the United state
r. during the past 20 years have. o.
q the average produced and sold grain
p and live stock a. less thnn the COOS
p OF production. if wc take into con
federation nl tho factors which prop
Z griy enter into production costs
What ] mean o. thrt ~ tho fnrme
would practice = sound system %
business economy, chnfHinE "a thll ~
INNNN|N iM NNNN NM NN"NN ANHN|N|HH '
I ln bis farm and bis farm equipment
ala AIR wage fur D. actual labor IS
pended on the farm against Die r.,
soi1 81 Ifrom the marketing of hi
q crops 30 viii hc found that he hu
b not received for them enough 20 GOV
er his actual costs We VIII omI
the value oil the fertility Of his sol
o which b.. in effect. a portion Of D..
capital and which be hna ianrkote
On bios crops hut which we VIII fiuI
ply throw Boz for good measure, nI
Z though his must ho replaced ~ Gro
p production Be- 90 he maintained.
q know that when "a settlement of thi
Sind ID made many people pucatio
9 h. They think of individual farm
q Urs whom thcy have known and Wi'
Il have hscamo very well 90 no, but
am suenking Of tho average fnrmc
Il the fafmFrs 40 "a muss, o. thn stat
mont ] have just made On an ais'
lutDiy truthful statement which ha
"a been abundnntly c~Orr0hnrufcd hy ac
rnunc investigation.
The farmers have been able an
willing 10 aoii their crops at lees tina
the actual cost Of production hcrnus
first. fhoy have been willing o. arcel
the value Of the farm al "a Rome. d