Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-02-10

of the corn crop and the feeding of
livestock in order to use up the sur
plus of corn caused by the large ac-
cumulated surplus of the two bumper
crops and the reduced feeding opera
lions which they were having.
The fact that the corporation made
these advances revealed a noticeable
improvement in the corn situation
and it will, no doubt, stimulate the
livestock industry to such an extent
that the surplus of corn will be fed
and marketed at a much higher
price
AS stated the assistance is decided
ly helpful from the psychological
point of view. The very fact that
there are large funds available has
tended to inspire confidence and,
without doubt, has opened up other
avenues for credit which have been
handled through the usual channels
In the report of the commission,
dated November 80, 1921, they make
this statement:
THE results already obtained in
dictate clearly that the right methods
have been adopted Although much
remains to be done, the activities of
the corporation to date have had an
appreciable influence in fastening
the return of more normal conditions
in the marketing of agricultural COM
modities, and this influence is grow
ing as the volume of business in
creases and the significance of the
work of the corporation, with its
great resources and willingness to
help, is being brought home to the
financial industrial and agricultural
world"
When the act first went into eff
feet some of the farmers were skepti-
cal, believing that the banks would
be antagonistic to the plan. Natural
ly that view was not held by many,
and, at present, I doubt if there are
any who can help but feel that the
banks and loan companies are whole
heartedly behind them The success
of these organizations depends upon
the success of their clients, the pro-
dncers of the community and the
| legitimate bank profits as their Gus
| toners profit. The bankers attitude
toward any particular person or or
ganizatton that desires to deal with
him depends on his opinion as to the
! successfulness of the proposition pre-
scented, whether it is economically
sound and whether it will work out
to the betterment of all concerned.
/ If his economical judgment should
/ lead him to err at all it would be
on the side of safety or conservatism.
Since the War Finance Corporation
/ was organized for the benefit of the
/ agricultural industries you will find
/ that the banks are glad to cooperate
in getting the loans completed.
In conclusion l want to add that
we must not expect prosperity by leg
] islation or other artificial means. We
can get it only by strict self-control
and hard work. inspired by the spir-
itual qualities which are to civiliza-
tion what the spring is to our watch.
and, that while the War Finance
/ Corporation is relieving a present
necessity it is up to each of us to
settle down to hard work and to ex-
ercise strict economy, the two things
that in the past have brought us
through trying times and will be the
means of doing so again.
During these times we have many
quack remedies and it is interesting
to speculate upon the fact that we
hear little of them in times of pros
perity. Of course it is not unnatural
. because it is the sick man who en-
ploys the quack and not the one who
has no ailment
Before taking up with new plans
which are prescribed for quick cures
it is well to look them over with a
critical eye and to discuss them with
your banker who is assisting you
over the rough places.
If Won have n good animal don't