Imperial Valley press., 1922-03-16
THE FARMERS PROBLEMS

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THE FARMERS PROBLEMS
In large way the problems of the farmers of the
Middle the the problems of Imperial val
ley They coincide so tar as the production OF gram ana
the encouraging Just made by the Federa
Reserve bank of Chicago touching farm sondtons OIL h
district it can improved sentiment has appeared
the report mot only because of the increase IN prices
(of grain and vestoc but also because many farmers
just beginning to realize the extent to which other lines
of industry suffered in 1921.
The advance in prices best evidence that
can be submitted This really the only thing, at BOTTOM
give the farmer relief but likewise eases his
he alone his state of financial depression Misery
loves company, he gain little comfort from that
discovered that they were being Disseminated against by
the Reserve bank that supposed to be serving
spell disaster if the bank going to take II Tor
granted they bankrupt. Under wise and ag5"h 'e
leadership they naugurasd campaign OF ha; dc
agitation which resulted in making 1t plain ther produc
tive ability had not been impaired and that the nep tnev
sought the Federal bank precisely such as the
creating the system had contemplated extending They
forced recognition and when was gwen tney speeas
ency and that the bank retiring from that
particular state with its fund loans.
e show that we have good laws now for the farmer and
they that times it for the farmer
not the benevolent intentions OF government
agency hepessy hopelessy bound with red tape but
for him to eourageousy ahead and slash that req tape
There may be some honest men among the members noe 1i
those brokerage firms that have to the wall
with appalling liabilities, but the public is not likely to
waste much sympathy the aggregation of shredded
ancers. A good many of them We're plain, downright
thimberiggers TIN. horn gamblers on large large scale fa
sheared their victims like the lambs they We're Inc
domino gent who purpored to swap tips wth e.
widows until he had mulced them OF S6OOOOO is falr
sample of the bunch of highbnders He now fugitive
and his flchings do him no possible good even II ne
has any left After all it open question as to Wnch
the most cupable the operators or their victims he
of shady game is moved by the same dlshonest
motive the who conducts It, The newspapers OF the
country point out the folly of trying to get something
for nothing and they keep doing it until the end OF
tme they will not end uness there Is to really come
mennal period when the benevolent purposes % OF men
very alike except that the operators are the shrewde
What the farmers of the valley going to DO about
this season? Last they grew 432 acres and
they been selling their crop at fairly good price
Cotton got black and the slump gave the valley
black eye For this many have become little wary
continuing in the business No one wishes to 60
through the experiences of the last two or the night
following the slump Yet 1T must be conceded tha
the valley peculiar advantages for cotton grow
ing The farmers of the middle west are not quitting corn
wheat because they got black eye IN the after
mah of the did the cotton growers OF this valley ana
elsewhere These crops staples and the world must
have them is question for each individual farmer to
decide for himself when to in cotton raising and TO
what extent Well informed men express the opinion ha
the year will be good for cotton growers VINO
get crop They insist upon this because of the droughty
conditions existing in Oklahoma Texas and the general
section of the South The rise in exchange rates
will enable foreign buyers to take larger share OF the crop
the coming than they have been able TO 40 or TWO or
three years Prices favorable but will continue to
improve the way these Imperial valley cotton enthus'
lasts argue The farmer at least study conditions
thoroughly and then govern himself accordingly
The wiseacres of the financial world are said to be
somewhat nonpussed by the persistent which the
foreign money rises 1t is likely that some OF them
are losing by the action of the money market but the aver
age individual will the upward tendency OF the
English pound and the French franc for example we have
understand by the economic sharks that the
difference the value of foreign money and own has
been and barrier that prevents foreign trade reach
ing proportions it should. Discounting foreign money
makes products high foreign countries cannot buy
Therefore the advantage of this country to have
foreign money advance trade may be restored to normal
conditions good things have happened since the