Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-03-18

II per cent for hay. Hogs are up 80
per cent and sheep 65 per cent The
total value of the States farm products
has increased from $685., 000, GOO on Nov.
1, 1921, to S457, 100000 on March L this
year While these increases were going
on the prices Of the things the farmer
had to buy were decreasing.
The War Finance Corporation has put
about S12, 600 900 into Nebraska since last
November This money is in the form
Of long time loans, and has relieved the
strain on the banks and eased the de-
mands that were being made upon the
farmer to Huuidate. This additional
credit has helped the farmer to market
his corn at higher price, either by
holding it or feeding it to livestock.
The most encouraging condition Of all
in the State is the new feeling Of conf
dence and buoyancy, though this new
state of mind Is not as marked or as
easily discovered here as it is in Iowa.
A great many farmers and others who
concede the recovery always add pro-
viso that prices for farm products muss
stay up for a period, unless the second
condition OF the State be worse than
the first Still there Is a profit now
in farming and in producing all OF the
things that brought Nebraska to its pres
eut estate. The farmers out here may
have been hard up, but they were long
way from being broke. Fundamentally,
the condition is sound. This is the tes-
timony Of bankers and business men as
we'll rs that Of the intelligent farmers.
PEOPLE MORE PROSPEROUS
THAN THEY KNOW.
As matter of fact, any observer com
till nN1 N
impression that all Of these people here
are richer and more prosperous than
they know These two States Of Iowa
and Nebraska produce enormous crops|
worth millions of dollars They do i'll
year after year For the most part, the
people have everything they want to
it for granted that they should have all
Of these accessories to good living. In
Iowa. for example. every fifth man owns
a motor car. Every family could be
transported out of the State overnight
in its own automobile. Even during
the depression period of last autumn
about which they now talk so feelingly,
one can not discover that they stopped
using their cars for day. There is
none Of the skipping and little econ
omies that so many families along the
eastern seaboard are forced to practice
If one goes casually and without warn
ing into any of these Nebraska farm
houses to day to get dinner, he will find
a table laden with fairness and plenty
There may be two or three kinds Of
meat on the table. vegetables, cakes.
preserves and such thick cream as only
the very, very rich can procure in New
York or Philadelphia or Washington if
at all.
Undoubtedly these States have been
pinehed in the last six months. pinched
for ready money, and would have been
forced to sell their products for less
than the cost of production, had 1t not
leen for the aid extended them through
the War Finance Corporation. They were
caught in a jam and now they are out OF
It. They expect to pay their debts this
year; they have already begun. And
they are looking forward confidently to
next year and the prosperous times. to
which they have become accustomed.
While the measure Of restored confidence
has not reached the high mark in Ne
braska that it has in Iowa, 1t is never
theless here, and 1t has changed the
whole face of the world for the farmer.
In Nebraska the farmer has not started
buying again on his usual scale as he has
started in Iowa, but he is buying, and IL
there does not come d relapse and an
other decline in the price Of his farm
products, he win continue to buy and
on q larger scale.-Copyright, 1922, By
Public Ledger Company.