Every evening, Wilmington daily commercial., 1922-04-26
COOP rARxER's CREDIT IS GOOD,

sOOD fARMER'S CREDIT Is GOOD.
There are. OF course. poor farmers.
Just rs there arc poor business men.
Neither should expect or receive credit
or favor from the bank. In every good
agricultural section, however, there
are farmers who would be greatly
benefited by employing their credit
more as an active than as a potential
asset. They might have to DO sold
on tho idea OF borrowing money to
increase their production or to i'm
prove their property and equipment,
but such a service would be profit
able business to the banker and pro-
moto the development and prosper
ity OF the entire community.
The farmer has certain credit ia
cilities at tho present time. The Fed
eral Farm Loan banks and local saw
ings or trust institutions will readily
lend him money on land and the busi-
ness OF these institutions Is constantly
increasing. In some sections. short
time credit can be secured. A banker
can help IN the material progress of
his community In no better way than
to lend money TO reliable farmers
for the purchase OF better seeds, pure
bred livestock. labor saving machfn-
cry. improved equipment and fertil-
lzers which. when properly used,
greatly increase yields. improve crop
quality. and keep up the fertility Of
the soil. Some banks employ agri-
culturally trained men 10 solicit this
kind OF business. County agents can
be depended upon for advice In these
matters.
Up 10 this point the credit needs OF
many farmers are fairly we'll cared
for. but there IS another kind OF credit
which no agency is prepared 10 handle
at the present time, namely, that
which a farmer needs to carry him
through crop growing and selling
season or a livestock feeding period
! This may mean an extension Of credit
4 for from six months to three years
American agriculture is fast chang
ing from a hit-and-miss proposition
TO one requiring the application o.
| business principles IN production AND
selling. Land has been the chespes
and most plentiful thing We hav'
had In the past and soil resource,
have been wasted by careless method
and lack OF well-defned policies o
farm management. There Is ntu
new land left to be exploited Farmer
must settle down on what they hav
and produce food In competition will
other nations for an ever increasing
population. Distances have bee,
wiped out by transportation systems
and cold storage facilities. All sec
tions OF the country are in competi
ton with each other. Oregon apple
compete more successfully with Ne,
York apples for the New York marke
than do those grown IN Maryland G
! Virginia Successful farmers wi
have TO follow the scientific principle
disclosed by the experiment station
and taught by the county agricu,
tural agents. Low yields must I
greatly increased and production cost
, lowered. This means the developmer
= O, agriculture along sound busine.
lines.
= The real big business OF this couI
try Is agriculture. To put st on a Pc
= manent, self-sustaining, and prof1tab
, basis will require the adoption OF ne
= methods, new equipment, differel
Z systems OF management. and the san
o credit facilities as other business me
enjoy. There Is no one, It is col
r tended by many. who can do more
n bring about these adjustments and a
o sist in developing a stable and prof
y able agriculture than the banker wi
: nifty at heart.
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