The herald and news. [volume] (Newberry S.C.) 1903-1937, 1922-01-27
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Now that the farmers are stirring,
thinking. and uHitnG as never before
To eradicate these Inequalities. they
are subjected 10 stern economic lee
tureS, and are mel with the accusation
that they are demanding and are the
recipients Of special privileges Let
rs see what privileges the government
has conferred on the farmers. Much
has been made Of Section 6 Of the
Clayton Antitrust Act, which rur-
ported to permit them 10 combine with
immunity, under certain conditions.
Admitting that, nominall!, this eX-
emntion was in the nature Of a specia!
| privilege, though think it was so in
! appearance rather than in fact.-We
find that the courts have nuIlifed il
| by judicial Interpretation. Why should
! not the farmers he permitted to ac'
! compliSh by cooperative methods what
! other businesses are already doing by
co-0neration III the form Of inc0rnnra-
ten? IF it be proper Tor men t0 form,
by fusion Of existing. corporations or
otherwise, a corporation that controls
| the entire production Of a commodity.
or large part Of it. why is it not
proper for q group Of farmers TO unite
Fer the marketing Of their common
products. either in one or in several
! selling agencies? Why should it be
! right for hundred thousand corporate
| shareholders to direct % or 80 or ~
per cent of an Industry, and wrong for
hundred thousand cooperative
farmers to control q no larger proper
ton of the wheat crop, or cotton, or
any other product?
The Department of Agriculture is
often spoken IF as special concession
10 the farmers, but III IL. comMeTclai
results. it is of as much benefit to the
buverS and consumers OF agricultural
products as to the producers. or even
more. I do not suppose that anyone
opposes the benefits that the farmers
derive from the educational and re-
search work ot the department. or the
helD that II giveS them y working out
; improved cultural methods and pfac'
tees. in developing better Yielding Va
rieties through breeding and selection.
in Introducing new varieties from re-
mole narts of tie world and adapting
them TO our climate and economic con-
dition. and in deviSing practical meas
ures for the elimination or controi OF
dangerous and destructive animal and
n1ant diseases. insect pests. and the
like. All these things n}anifeStly tend
70 stimulate and enlarge production,
and their general beneficial effects are
obvious
II is complained that, whereas the
law restricts Federal Reserve banks
to three months time for commercials
naner the farmer is allowed six
months on hrs notes This is not
special privilege. bet merely such
recognition Of business conditions as
makes it possible for country banks
! 70 dn business with country people.
| Tie crop farmer has only one turn
over year, while the merchant and
manufacturer have many. Incidental
iy, note ''"t 'i'e 5 eue'I - .rs 1,o1
h"aFd ''"s Jus "".'','i ,.-,,. .,.( ..,.o,..
efai i'eSe''e ""n", - '->",,I s>.,tI 80
, Pd9el ioi " le'-'O .,,a h,,;
CONFORM 70 '"' ''"'"'' Va -"
ness.
T. The ::s;sFfoeffsaf 's.ts'S ~ ~ ~ "'''4
80 ;n.tonca Of Spcci31 r0yprnl
| 70 as an instance "i ';sRe.i"' .,7"Se
; Iielt l"S"i iu' is,' r,,,5,h,o ocro.ts
rather 'tie ""',ol',0 W., ~ ',nhan nand;
10 el'ali"e "i a. ",''. a.
tohs: Aiu a'"U' an '.'e ~
u"eS '"ete 'S ~ wy 1 u1 ,n,5
m'iHs'fa'Ae oi 7"'.''''''',,.' ~. .,,I,,..
'l'tie creult d the ''",'' - w. a;
TIE FARMERS VIII p.oN',!e an '"e ,"p-
! tai ana carry ali 'ile ''"".li'.e' I'm"
selves IL IS ''"e '""' 90 ~ '''I
bonds are TAX exempt 'n, :" a'e
bonds OF hnnh'rlPh' nm !i'' . az ''S''DD o"'.
pants. aAu new ''""s'"S ~ ~ v,,,, sou
! enpt from laA"''on' ~ ->e" ''N' -''
! ten years.
On the other manu-. tne iaiiie' le''uS