Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-08

- sreuts, heretofore temper.
arny extended through the War Fl.
Lne farm loan bureau, which al.
rca"y mas proven Its usefulness througl,
.no rederal land ban!ts, may well have
us powefs enlarged to provide ample
aIm prO0uctiOn credit rs we'll a. en-.
iarged land credits. II. is entirely prac.
ilcai 70 create division In the Federal
Iah1 banks to deal with production
circuits, with the limitations Of time 80
adjusted to the farm turnover as the
rederal reserve system provides for the
turnover IN the manufacturing and mer-
camille world.
Special provision must be made for
livestock production credits. and the
unit OF land loans may be safely en-
Iarged. various measures are pending
peiore you, and the. best judgment Of
congress ought to be expressed in
sion.
Better transportation Required
But American agriculture needs
more than added credit facilities. The
credits will help to solve the pressing
problems growing out Of ar-infated
iand values and the drastic defiation Of
three years ago, but permanent and
deserved agricultural good fortune de-
pends on better and cheaper transporta-
ton. Here Is an outstanding problem
demanding the most rigorous considera-
ton OF the Congress and the country.
In the last half of the year now
closing the railways. broken in carry :
nnd rnii;rn ..osi. ause oi motive power
insistently declaring to the contrary
embargoed his sbipments mr. denied him
cars when fortunate markets were call
ing. Too Frequently tronsnortation
failed while perishabie products were
turning from possible profit tn losses
counted in tens of millions.
II know of no problem exceeding in
Importance this one of TRANSPORTATION.
We have built 40 per cent of
the worlds railroad mileage. and vet
find it inadequate to our present re-
Quirements. When We contemplate the
inadcquacy of today, it IS easy to be.
lieve that the next few decades will
witness the paralysis of our transpor-
tation- using social scheme or n COM
plete reorganization on some new basis.
Mnnfestly, we have need to begin
OH plans to CO. ordinate all transporta-
tion facilities. We should more effec-
lively connect up our rail lines with
our carriers by sea. We ought to reap
some benefit from the hundreds of mil
lions expended on inland waterways.
We ought to turn the motortruck into
q railway feeder and distributor instead
transportation Problem Vital
."This Transportation problem cannot
be waived aside. The demand for low.
cred costs on farms products and basic
materials cannot be ignored. Rates
horizontally increased to meet increase
wage outlays during the war imitation
are not easily reduced. When some
very moderate wage reductions were
effected last summer there was a 5 per
cent horizontal reduction in rates.
II sought at that time, in very
informal way. to have the railway man i
agere 90 before the Interstate Com
mcrce Commission md agree to n
heavier reduction on farm products and
coal and other basic commodities. and
leave unchange dthe freight tariffs
GUn Sn wa oh tsiy 'dlse h" post.Gn ~ Oh the .ra.-
ayers nor tho commission sow A. to
otont the suggestion so we bod +be
bor;zontaj rednct;om to" sI;sht =, he
folt hv tb. b,,Ior n,oss % y, rmoel " .oo oo
iittIo q ho,n. .hn ts"H. Ises .s" anI o,,:oo :oo
,noa. iov.I'. g. .ne .,.sss nea's 'o"h"se cali"s
"'osf .sp iGuu,y ui'.'. aor rer,et.
Al. Nun"uys % aIe not expected 10 reheer |,
oroon;yot,om w;thont fo;n ~ u.tur~ uu, ',", nn
oa,,;toi ;nuast oI H.. c. n VI.
Sap a. 49, a.ss'su, ou' Tue N..s noternliens y
nus, nus sons sC aar al .ne lesuia.o" vi
Iates anu rules Oh operatlon that II mas
the responsibility OF pointing the way
TO tne reduced freight costs so essen
tlal 70 your national welfare.
SuTo MOI In FeOef1I Dn0TAttOn