The Little River news., 1922-04-12
BANKS ENDORSE
 FOOD-FEED PLAN
AshdOwn Bank One of Fifty.Fiye Agrees to Refuse Credit to All
 Who Won't Play Safe.

Who Won't Play Safe.
 Little Rock, April S.-To date, 55 Arkansas banks have endorsed the policy of refusing to give credit to farmers who do not raise their own E. J. Bodeman, vice president of the Union and Mercantile Trust Company and chairman of the Arkansas Bank ers' Associations Committee on Ag- riculture, yesterday. Only one bank has said that the plan was not appli- cable to its section.
 MT. Bodman's attention was attrac- ted by a circular letter which was issued by the three banks at Conway announcing that they would refuse credit to farmers who did not adopt the policy of safe farming" He se- cured 500 copies of the letter and mailed these to all banks that are members of the state association With it he sent card bearing this pledge: This bank will adopt the principle outlined in copy of the latter sent out by Conway banks to their GUS toner's" Space was left for sigma ture of an officer of the bank. MT. Bodman also enclosed letter to all the banks commenting the Conway institutions and urging that their ex- ample be followed.
 i MT. Bodman especially was impress sed by a letter he received from R. M. Bone, cashier of the First Nation al Bank of Ashdown, reading as fol- lows:
 AshdOwn Banker Approves.
 "The receipt is acknowledged of yours of the 4th enclos ng copy of letter sent out by the three banks of Conway and asking our support in a similar movement.
 "A copy of the ad We have been running in the local newspapers is enclosed herewith and we have re- gently ordered 100 copies of a pam phlet issued by the Agricultural Ex- tension Division of the International Harvester Company, entitled Farm Prosperity Guaranteed" and We con- sider this booklet a valuable argu- ment, if placed in every farm home in the community, as We intend to do.
 Little River county is very fortu- nate this year in having their own feed and food crops, and if it were not for that dare say 25 or 30 farm CTS would be unable to start, let a. lone complete their crops. Yes, we heartily endorse the movement, and shall adopt the principle as outlined" :"
 "P. s. The International Harvest CT Company will furnish these book lets at cost, with distributing bank S ad printed free"
 The Banks Advertisement.
 MT. Bone also enclosed copy of the advertisement mentioned in his letter reading as follows:
 "For the sake of future prosperity let's provide now for our next yeas feed and food crop, the lack of whid- will seriously handicap farmers VI making next years crop. o-
 Now is the time to provide for thof living by planting plenty of co.'s hay and raising sufficient hogs f,s your own meat-a home garden e every farm and a milch COW will T.. duce the cost of living to minimum, This bank goes on record as beils opposed to any other system of farI ing and those farmers coming to l. next year, with barns and smokt, house filled will receive first consiG eration-Let's pay safe on our 1922 crop and provide the living first, which will bring back in 1923 the ] prosperity and happiness which our people so richly deserve"
 Principle Already Adopted.
 Another letter was from J. M. Bar ker, president of the Bank of Atkins, who wrote:
 q have read with good deal of interest your letter dated the 4th inst, received today.
 "It will be entirely unnecessary for us 10 say to you that this bank will adopt the principles as outlined by the Conway banks to their customers, for the very good reason that our bank made an announcement cover