Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-10-15
NY j. j.. Webb,
'c' -lte-ident OF Peoples Eat!una

ECO president OF Peoples National
| HtAn. H."okmeal. va.
incredible as |: may seem. ,h"ra
-.te mum business mon IN this South
,1"". among them number ., coun-
I u? merchants aud bankers who give
but istie thought 20 tho fundamcn-
ts.s .: ih"i: economic existence
IN" broincSa o! IN" country mcr-
'hnh; and banker has been. Is now
ana VIII continue 70 bs dependent
lion agriculture. IN many sections
business prolpsritY Is ir"nsurud by
on" crop Production ~ affected.
NOR. o. less. by natural laws or
conditions, but The 9rca. hindrnncc
!" Agricultural d.vc!n:,nen, ana
nusin'Fa prosperity la ,he South mas
been speculation IN farm products.
As result .: pad marketing Yyae.
tc". promoted and encouraged by
hp.ruiaiiTe Interests. this is espe-
cially 'ru" OF Ia" tobacco crop TN
der tn" auction system Of marketing.
The crops @: 1929 and 1921 sold for
les. than the cost Of production. hut
during this period fortunes we're
made By speculation In tobacco.
Is Il any wonder tina; resourccs
OF country bnnhs have decreased and
merchants have lost MONEY? Til. fac;
Is tina, after monopoly and sp.cula-
ti"n have taken "thcirs'' there liz
nothing l.ft :or the producer or tho
business man that serves him TIL.
! Hnccu!ator rcc"!v'a tho producers
share OF profits and lives In luxury,
While tn" farmer. without cash with
which 70 met his Indebtedness or
purchase necessities for his family.
"as forced 10 ask for extension Of.
loans aud additional credit from his
l banker and merchant.
Changes HIVE Come.
n" farmers have ever been ii zen
eFous and patient people. bur, IN.
past two yeas win its credit prob
!"ins aif - marketing problems.
nav wrought great changes In the
!nHnstr? The farmer has learned TO
think. 10 think hard mad straight
along constructive lines and. VIVA,
- m"r'. he mas learned 20 act d.I-
r'tciE He has learned that agricul-
iural credit MAS restricted and our
T"st essential industry H.iia,.d and
mad" easy prey for speculation be-
cause. alone OF ALI the great indus
tries OF America. agriculture was
Unorganizcd.
GU, OF condition altogether in
t"!crab!c The farmer Is rap!diy
emerging through organized. coon
"ratiye effort I" his r!ghtful place
among the industries az tho country
II" has a new and proper couc"p-
il"r 90 IA" dignity and Importance
q! his position as a p-odtIcor and "a
Applying in his business tho princf-
pies that hav" IrouEh, success 10
other industries II" !. sclf-Cnn.
sc!ons and s.lf-ar;!cu!a," because hc
no longer stands alone. tor with him
al" hundreds and thousands who
! rsnrescnt our basic and most essen
,ial Industry ana tho substance OF
| American prosperity.
Nor" thEn $4,000 farmers Of V!r-
E!nia aud the Cnrolinas are organized
/ into tho Tobacco Growers co-ou.-
1 rI'i"- Marketing Associations" ans
under "NrcEt and experienced man
hs"n"nt IN every department. ID bust
/ ness {; tremendous magnitua. has
| been put into operation within a f.yy
months. For tiS, first ,.r,- In tn.
/ history o: the Industry the produ Ger
! IS pricing I!s own product and sell
lnS direct :" tho manufacturer "a; a
satisfactory profit.
The frenzled effort being mad. ty.
! waF"hous"m SPECTATORS and o,hcr
nonproducers. who. by system o,
/ privileges and monopoly. have en-
J"yet proh;s that should have gone
! I" tn" producer. 10 bring failur.
to tn. Tobacco Growers AssocIa-
ZION. ~ sufficient evidence that II
IS serving tn" best interest oi the
I &c hn"oo grower and tho hes, inter-
est 81 Tho merchant and banker az
! well.
/ Here, Mr. BUSINESS Man. whether
! banker, merchant. lawyer. teacher.
doctor or OF some other calling. is
hr opportunity tn do something" in
practical way for yourself. for the
farmer and for Your country. MANY
o! ci have been accused q! hciug
! Il,
tunIty 10 i" long on action that
/ Viii place ou- basic Industry wh.r.
; II belongs. and AT tho same time
bring prosperity 10 our business
/ We can accomplish no good by
I hFht!nE men or Individuals. There
IL much good ana som. bad in each
I OF US. regardless OF our position or
/ opinion. Christ taught the love Of
men No good thing ever came out
Of personal hates.
/ But VIC can tight a system that