The Glenwood post., 1922-11-02

He holds out the Socialistic bait of
free public warehouses to the farmer,
and yet in order to make bid 70
the conservative vote, he limited Colo
RADIOS future venture in this to what
he calls "an exper ment," and agrees
TO build such warehouses only in a
limited and reasonable way. Later he
contemplates the expenditure of only
$10O,0O0.0O to 5000, 100000. He wants
another bureau to handle it. With
his cry for economy, where will this
money come from? He merely in.
creases the fog that we find about us
every place today.
Industry has the federal reserve
banking system. The farm mortgage
system is getting the assistance of the
federal farm loan system. The croI
and live stock industry must have a
banking system also. President Hard
ing, in commenting on the need of a
better financial system for the farmer
made the following statement:
"The need of better financial
facilities for the farmer muet be
apparent on the most casual con-
sideration of the profound di-
vergence between methods of fl
nancing agriculture and other in
rustries. The farmer who owns
his farm is a capitalist, executive,
and laborer all in one. AS capital
list he earns the smaller return on
his investment. AS executive he
is little pad, and as laborer he is
greatly underpaid in comparison
to labor in other occupations.
"There should be developed a
thorough code of law and business
procedure, with the proper ma
chinery of finance, through some
agency to insure that turnover
capital shall be as generously sup
piled to the farmer and on as
lcdHoIftDlt tClHiS ito tO othOI III
dustries An industry, more vital
than any other, in which nearly
half the nation 3 wealth is invest
ed, can be relied upon for good
security and certain returns.
With the aid of such men as Senat o,
Capper and other Republican senators
an inquiry commission has been al
work. Bills are now under way, au
thorizing the re-discounting of agri
cultural paper under the terms of from
one to three years. The Simmons bill
establishes national agricultural
credits union which is neither sectiona
nor regional The Capper bill pro
vides for the use of the regular bank
ing system, extending one year. cred
its for crops, two years. credits fol
fattening cattle. Heretofore, as tn,
farmer well knows, the average na
tional bank has been limited by Law
to taking short time paper. With tn,
best brains in the Farmers organiza
Lon in This country opposing state
ownership, and merely asking for al
extended and plentiful credit for thu
farmer, such industries and other en-
terpriees have had, we find candidate
Sweet attempting to use the oper
wedge of state ownership to foist hi.
socialistic program on the people o1
this state.
If Mr.. Sweet can tell the farmer how
his public warehouse program will
help prices when there is an over-pro
duct:on, and how he can set aside the
inexorable law of demand and supply
he deserves to be elected.
The Ranger issue has been flung
full-furled on the Red Banner of Rad
ical design. For four years Colorado
has had continuous peace. Americana
agree that authority is necessary il
State Government. Towns have theil
police officers, counties their sheriffs
and states their military organizations
Whenever the average moral and pa
triotic education of the average mar
becomes so far advanced that crimei
will be no longer committed and the
rights of innocent people respected
LEN Len, and not unit then, will the sher
iffs and police officers be eliminated
So long as the weakness and lack o,
regard for law on the part of MAJ
causes crime and the destruction O.
property, it is the practice of com
mendable foreright on the part of gov
ernment to protect society by som
force. Article II of the Constitution
of the United States of America rec
ognizes that military forces are nee
essary to the security of free state
and our more than century of ex
perience has not belied the principle
-. I