The Ward County independent., 1921-09-22

Of the committees are unpaid and the
Corporation has been grstiiied at the
very large proportion Of acceptances
on the part of the individuals select
ed, indicating that they realize the
opportunity for great public service.
The procedure in making applica-
ton for loans will be Is followS: The
financial institutions desiring an ad-
vance will fill out the duplication form
which can be obtained from the near
est Agricultural Agency, Federal Re-
serve Bank, or the War Finance Cor
poration ut Washington. Forms will
be submitted in triplicate to the local
agency. The members of the agency
will then investigate the case thoroly
and will send the application form
with their recommendation to the
War Finance Corporation. If the
application is finally approved by the
Corporation, the money will at once
be made available to the borrower.
The following list gives the men,
bership of the committee at Mime
apolis, which is now complete:
r. f. MacGregor, chairman, Min
neapolis; c. T. Jaffray, Minneapolis; /;
S. L. Prentiss, Winona, Mimi; A. A.
Bennett, Renville, Mimi; j. L. Nit
chell, St. Paul; F. H. johnson, Sioux
Falls, S. D.; f. j. Weiser, Fargo, N.
D.
In a recent interview accorded to
the Courier News Senator Ladd took
occasion to belittle the economy pro-
gram of Budget Director Dawes. And
yet Mr.. Dawes had just informed the
Senate Finance Committee that it can
safely rely on saving $35O,0OO, 900
during the current fiscal year. This
amount represents actual reductions
in estimates for the various depart
ments.
Also, the Nonpartisan Senator to
the contrary Notwithstanding, $780,
100000 of this amount comes from
the War Department, and an addi-
tional $45,000,0O0 will be cut from
the Navy Department. Other slices
are made in estimates for the Ship
ping Board, the Railroad Administra-
ton, and the Interstate Commerce
Commission.
Director Dawes came to Washing
ton to take up the work as head of
the new budget system at a great
personal sacrifice. He is man who
has made his mark, both as a finan-
cier in the Middle-West, and as SOL
der overseas. To date he has con-
Quoted the administration of his dut-
les in an expeditions manner, with
a decided lack of respect for politics
or personalities. DR.. Ladd may win
favor in the eyes of Boss Townley
by questioning the motives of man
who is so unfortunate as to have been
a banker but such attention should be
2 commendation to all fair-minded
people - if indeed commentator is
needed by man Of Dawes achieve
mentS.
The joint commission on agricul-
tural inquiry, under the leadership Of
Congressman Sidney Anderson, Of
Minnesota, will have the first section
Of it's report ready for Congress when
it reassembles, and the other section
will be ready by December l. Any
program of legislation designed to be-
get permanent and general prosper
ity for the farmers must be in accord
with a legislative program for gen.
eral industrial prosperity, and this is
the corner stone on which the joint
commission will build it's report to
Congress.
The findings of this commission,
which has been giving intensive study
to the general industrial situation
since July 1, are primarily designed
to promote a general, gradual, depend
able improvement in the whole indus
trial and economic situation, rather
than in class legislation for the farm
ers. The commission.;will emphasize
that it must be kept in mind that
the country is prosperous or unpros-
porous as whole, and that while i'm
provement may be temporarily gained
for one class by temporary legisla-
tion yet genuine prosperity for ag-
riculture can not be had without
general and stable prosperity being
at the same time gained for all in
dustries.
The most important fact that this
investigation has developed is that
outside of legislation which will re-
move obstacles that now stand in the
way of successful farm organization,
and that will give the farmers the
same credit facilities that induStry
generally has, there isn't much that
legislation can do.
So in its first report the commits
sion will recommends:
First-The passage of a bill some
what like the Volstead-Capper bill,
affirmatively authorizing farmers CO.
operative unions.
Second-t will recommend legisla-
tion that will set up machinery for
furnishing credit to farmers for a
period of from six months to perhaps
three years so as to fill the gap be-
tween the longtime credit furnished