The Dawson news. (Dawson, Ga.) 1889-current, 1921-04-26
ami HEARS DIRECT
MESSAGE NEW REGIME
upo1LER OF THE CUR
|rncy SPOKESMAN AT BAN
Nr o-rpT OF BANKERS.
!, AID COTTON INDUSTRY

nTIEI Ut
h. AID COTTON INDUSTRY
g Thoroughly Deserves ASSIST
w Time of Temporary Stress
s ayr crissinger. Stamps Admins
I Pstions Approval.
INV ORLEANS, Lathe Hard
n .d%niristration's first direct mes
70 tbe south was delivered here
abt bv the new comptroller OF
Il a,+rpncy, D. R. Crissinger.
h, speech before the Louisiana
ats-. Association was not only
l;s,,ot in that it was the permier
W i' ,ttsrance OF the republican OF
nv taod Of the national banking sys-
bn+ IN the present crucial mo-
IN the relations of cotton pro-
[tion to extended and enlarged cred
- home and abroad, it was signi-
nt in that it voiced the sentiment
Z A.. administration as to foreign
.r and as to the financing OF
4o,,.seas nations so that they may
cotton and other American farm
bducts,
important export product, de-
thoroughly its position in the
rrgs markets and stamped the ad-
r;stration's hearty approval upon
present activities OF the war IL
re- CORPORATION to aid in the foreign
rEe+ing Of the abnormal carry-over
m last seasons production.
.0nr own country" Mr.. Crissinger
presents to us the market in
jcb we must always do most OF
business and on which we shall
EeAv depend Tor establishment of
HustriaI prosperity. There is plenty
consuming capacity here, il we
i'd onlv make it possible for the po-
htal consumers to buy those things
ev would be glad to consume"
Resumption OF peace conditions will
tne soon, the comptroller asserted,
h European rehabilitation must be
bw and its reflection in more favor
lie business conditions very gradual.
ia declared that he was not one OF
lose who feared an unfavorable bal
Dec OF International trade nor did he
bote with complete satisfaction the
sndency OF the worlds gold to bank
Deli up on this side of the Atlantic. "
Help to Buy.
4 We must help our own people to
B able to buy their own products, "
said. I'VE must also help the out
#e world to maintain money sys-
20 in such relation to gold that eX-
#nses will be possible. Therefore,
to the domestic problem, we must
pend through our financial instru-
fnta!ltles every encouragement to
4 producer. The farmer must be as
PEG. right now, that in his effort to
n fertilizers and seed and nipple
Eilts and labor for the next crop he
be given the fullest support, the
#oadeSt credit that can possibly be
pended through the banks, and that
Il FEDERAL government and it's bank
structure will stand squarely back
INDIVIDUAL banks that wisely and
MODERATION extend necessary cred
Tor these purposes.
credit as a basis of production
nc must be; credit as an incentive
Il means to mere unproductive spec
.oH mere must not be. | can say
you bankers and to the great agri-
,1ia community behind you that
IS ana will be the policy of those
H. pJ"I I Tor the supervision of ma
Cotton Industry.
u5Iing to the cotton industry, Mr..
,s4IsFr declared no other American
as"y SO thoroughly deserved assist
I+Lo d: d time of temporary stress.
'' o.He guiding the broadest hnan-
j golCeS OF the country, he said,
~. ny! i66lhed to exert whatever pow
nr r0 =, LlHVence may be necessary to
me industry back to basis of
f4Fed prosperity.
10 not want to be understood ("
..ua.lnued, as suggesting that the
t5 5;ris'I' can be relied upon to do
FL ~~.sS mat private enterprises,
4 linz S4q effort must do, but I am
rr5o. u@l you should very definite
ks;bio stand ME to mean that every
HI ssr; support and encouragement
co ,a,llty and soundness. based on
4 4m7~o,-o;Lldated credit and authority
Arer -,,rIlcan business and American
b Of ' tr;, VIII be held out in this
10 Encourage Efforts.
IT, ,.r%'' IS set on foot to enable foreign
Sor No NJ continue taking American
b. er MI, Grissinger said, would re-
.tnentt y feasible and safe encour-
brng and Conditions abroad are i'm
Ade viii f'u !. Inc outlook for increasing
y bono f me United States is decid-
1