Every evening, Wilmington daily commercial., 1922-01-23
PRESIDENT URGES
HELP FOR FARMERS
IN FINANCIAL WAYS
Continued from page

como back to him In timo to meet his
short-term obligations. On the other
hand, tho farmers turnover is long
one. from year In most crops to
sometimes three years In the cattle
industry. Yet the farmer is COM
PEELED, II no borrows his working
capital, to borrow for short periods.
10 renew his paper several times boz
fore his turnover In possible, and to
sako tho chance that n he Is called
upon untimoly to pay OF his notes,
he may be compelled to sacrifice grow
ing crops or unfinished livestock.
obviously. tho farmer needs 20 have
provisions, adapted to his require
ncnts. for extension of credit to pro-
luce his working capital"
Must Help Himself.
1T cannot be too strongly urged
hat the farmer must be ready TO help
himself" tho President said. This
conference would do most lasting good
ii 1t would find ways TO impress the
great mass Of farmers to avail them
selves of the best methods. BY this.
1 mean that. In the last analysis
legislation can do little more than give
the farmer the chance to organize
and help himself"
The President then referred to CO.
operative MARKETING. 1T should be
possible to afford to the farmers" he
said, ample provision of law under
which they may carry on, In CO.
operative fashion. those business
operations which lend themselves &c
|
: would bring advantages to both the
farmer and his consuming public"
Lack of essential Information, Mr.
Harding asserted. was one of the
i. lmost serious obstacles TO n proper
. balancing OF agricultural production
/, with proper financial support foi
y agriculture. and with instrumentali
= | les for the collection and dissemina
! don of useful information" he added
), "a group of cooperative marketing
!. organizations would be able to advis
heir members as to the probable de
mand for staples, and TO propos
measures for proper limitation o
a,reages in particular crops. The Ger
tainty that such scientific Distribute
of production was to be observe
would strengthen the credi- of agrl
~ ulture and increase the security o
A. which financial advances could h
3 made TO H."
to As TO Transportation.
is. Turning TO the subject of transpol
's' q ton, the President said IF broad
visioned statesmanship shah establis
80 fundamentally sound policies towar
transportation, the present crisis WI
ss one day be regarded as a piece OF goe
ns fortune to the nation"
81 Waterways have been too long nei
g; lected in America, he declared. addir
TX hat Eve need practical developmel
H. OF water resources for both transpo
W. tation and power"
"a large share OF railway tonnage
ny coal for railway fuel" he said. TT
os experience of railway elec:rifcatiC
'p' demonstrates the possibility OF r
ss' ducing this waste and Increasing c
" nciency. We may begin very soon
consider plans to electrify ours ra
roads"
announcement, he said. should
given TO every practical proposal +
watering arid lands, draining swan
lareas. reclaimsng cut-over forest are
'eu and for the protection Of fertile vale
% from inundation.
o., This conference was called" {
-. President reminded the delegate
'e with the aim TO bring about geneI
understanding of the critical situat.
now confronting American agric'
ture." While understanding that I
conference-is not legislative body.
added. I'VE do confidently anticipa
that the considerations here had "
,he br helpful and illuminating to the
of Immediately responsible for the fc
ere mutation Of public policy in deali
Nv with these problems"
o Conference Assemblies.
Sc Delegates from all sections OF
fu- country representing agriculture
ON industries dependant on agricultl
''0' assembled for the opening session
ern the national conference, called TO &C
,ase slider the present situation confroi
In ing the farmer and TO lay down p
,04 manent agricultural policy. Probe
aoi of financing, production, distribut
nav and marketing constituted the bro
>. division of the program 10 be cC
sidered during the first five days
the conference allotted 10 study
emergency relief measures.
Today's program, following the OPT
ing. ing address by President Hardi
h'e calls for an address by Secretary
Del Agriculture Wallace, outlining
purposes of the conference. and
Del by Chairman Anderson OF the 10
bel Conversational Commission of Agric
tural Inquiry, devoted to discuss
VII of agricultural prices and the gene
ork situation.
Five farmers from the leading ae
'ei' cultural re gions of the United sta
ton. are on the afternoon program. TT
follow representatives OF four of
W w big allied industries, 10 describe
SIX reaction of their business and agric
o00 lural conditions.
TO Three Hundred Delegates.
hia. Approximately 800 delegates atte
70 ed the opening of the Conference, {
New Immediately heard from Presid
tlon tlon Harding a declaration Of interest
to sympathy by the administration in
Okla present plight of the nations fai
ers together with a series of S
- gestions for remedying existing C
ditions, as given above.
The President in an address tou
- ing on the agricultural situation in
- tall, but without attempting 10 I
tate the course of the conferences
cussions outlined n half dozen br
questions 10 the consideration of WI
NE the conference might well give
-om attention. These briefly included:
Presidents Propositions.
CT DeyeIopment of q. thorough code
NC aw and business procedure. with