The log cabin Democrat., 1922-04-06
TO ENFORCE PLAN
 OF CONWAY. BANKS
STATE BANKERS IN MOVE
To Have All Banking Institutions Con. form to Principle Framed by
 Bankers Here.

No group of banks in Arkansas as much attention as the Bank of l Conway, Faulkner County Bank & l Trust Company and the Farmers State Bank in their stand against loans to farmers who do not raise their own feed crops. Advertised eX- tensively in the newspapers and com mended by prominent bankers as a sane and sensible step forward, the letter in which the Conway banks state their position is now being sent in circular form to all banks in Ark ansas with request from the Ark l ansas Bankers Association that all banking institutions pledge them selves to the same principle.
 E. J. Bodman of Little Rock, chair man of the associations farm com i mittee, is author of the appeal, which is accompanied by a copy of the Con- way letter and a card with this pledge: This bank will adopt the principle outlined in copy letter sent out by Conway banks to their GUS toner's" Space is left for affiXing the banks signature to the pledge Mr. Bodman's letter reads as follows: Little Rock, April i, 1922 To the Bank Addressed:
 Read the enclosed copy of letter to the customers of the three Conway banks
 The Conway banks are within their rights in outlining policy that is re- quired before credit will be extended to its customers, and such a policy is necessary in order to make credit safe
 The adoption of such a policy by all banks in the cotton sections will give Bradford Knapp and his asso- ciates a cooperation that will make It possible to the more quickly adopt the policies that these forces are ad- vocating, which. will make it possible to secure greater farm profits and bank deposits.
 Raising feed and food is just com- mon sense. Expert knowledge of farming or economics is not neces- sary to convince one of this fact
 Some years more than $100,000,- 0OO.0O has been sent out of the state of Arkansas for feed alone. What would it mean if this money was kept at home? You, of course, do not ap- prove of such a policy, but are you doing anything to change this con dition?
 May we not ask you to let us have your views on these subjects of policy that are advocated by this committee for in order for us to better serve the Association We must have the active cooperation of member banks, and there IS no better way to assist us than to let us have your views on matters of this kind. Tell us that you either agree or disagree, and why.
 Will the banks in your community get together and adopt in principle this policy that is followed by the Conway banks? Many individual banks are doing this, but it is better for the banks in community to pull together in q matter of policy of this sort.
 We are prepared to furnish you in formation in support of this policy and will supply it upon request.
 Remember, if the farmer prospers so will the bank; but the farmer must get it first.
 Look around and you will observe that the farmer who produces his own feed and has meat in the smoke house Is generally good credit risk. Find out from your freight agent the num- Der of cars of feed that were shipped into your community last year. Dc you realize that you have loaned money to help out the Iowa farmer Are you interested in him to the same extent as the Arkansas farmer? Please give your views.
 Yours very truly, E. J. Bodman, Chairman.
 LET'S ALL WORK ALONG CON ! "