South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-01-23
AGRICULTURE

Bankers are urging farmers 90
market their grain steadily and us'
the money To pay ordinary debts and
take up loans at the banks. which
I'm the northwest have assumed eN
aP-erated proportions. Farmers are
uncertain what course 10 pursue.
feeling a sense of obligation both
10 the country and to themselves.
Spring viii assuredly brins liguida-
ton as the planting season Involves
expenditures for seed, labor and inn
plements.
Farmers have been sending corn
and hogs to market Of late ina largest
quantities SO far this season, and 10y
meeting their indebtedness are cas-
iue the monetary tension I'm the rural
districts. SeIf-interest dictates "a
moderate continuance of the hOldirg
movement, particularly in wheat
wool. and cotton. World talIings OF
cotton should increase. prices for
wool are nominal. and the Canadian
wheat surplus. which has borne
heavily upon the market, is dancing
the point of exhaustion. EiJner the
farmer should have beaten the Can
adam wheat 10 market or he should
hold back until its depressing ef-
feCts have worn OFT.
j
ing a government corporation 20 OPP
crate the federal nitrate plants ar
Muscle Shoals and other points
Properties which cost the govern
rlent 100000, 900 will show an APP
railing loss. it is feared unless used
FOR their original purposes The
senate bin put the corporation uu-
der Jurisdiction of the treasury de-
ia rtment instead of the var depart
ment and requires 10 20 issue bonds
equal 10 half the governments oN-
pcnditures I'm construction OF the MI
trate plants and the full value of
hvdro-electriC installation at Muscle
shoals The corporation must ear.
live percent interest on these secur-
itses Even with this proviso the
hin should provide the farmer with
air nitrate AZ cheaper rates than he
is now paving and make him indie
pcndent of foreign sources OF supply.
The attitude OF the house I'm this
f.tstter IS uncertain. It's members
rejected an amendment 90 The sun
dry Civil appropriation bin adding
$4,000. 600 for work on the Wilson
cam az Muscle Shoals.
The New York Merchants assoc
citation has renewed it's agitation for
a national daylight saving law. this
time restricting its intended appi-
cation 10 the zone Of eastern time.
where cities and manufacturing Inc
dustries predominant.
Probably the sOundest method
r. 20 apply the system 90 the Who'll,
country and let those sedtious de
verge from II that VIII comments
the New York Tribune White th6
farmer viii not a gree with this las.
proposition. he VIII Concede The log
Ia and common sense OF a measure
p restricted in application 90 that sec-
ton OF the country whore farming
- relatively least Important and "a
majority OF people would ocnet, by
daylight saving.
The tendency last year was TO-
ward local settlement OF this dis
puted question and against sweep
ing piece OF legislation. The aru-
tude OF The Merchants association
helps TO perpetuate this tendency.
Far western states are SIpp'yD1
an increased proposition az the coun-
rrv's phosphate rock according 90
The J-r.r.f states geological survey
Total outputs Cf the western states
tn 1920 reached So 200 tons as com.
pared with 1900 tons in 1919. This
Development Isl welcome inasuuCH
rs tends to lessen the dependence
~ agriculture uDon southern quar-
~Ies The ,onE strike .n Florida dur
Ing 1879, 10 viii lc remembered pro-
duced shortage OF .a-s Important
element in fertilizer and added ma
terialiy 90 its cost