The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1922-02-02
A MESSAGE TO THE BANKERS OF AMERICA

n a
Day After Tomorrow Thomas McAdams president OF the Amer
lean Bankers Association has the following to say:
Everywhere the query Wat is the outlook lor p
ness" Never before faced great problems clam
orns for intelligent solution To America the world looking 1o
faeng and constructive leadership and largely depend
the conditions which shall prevail here and abroad Oh e ia
AFTER TOMORROW-he day after shall have passed through
the period REIMBURSEMENT and REHABILITATION ana De once ~
actively engaged producing and consuming IN All orderly o
like way VIZ,
Good business then depends upon good Judgment now "'h
good Judgment individual initiative and hard work as the essen
elements making 1872 stepping stone 10 laneia' s"
end industrial activity. -.
What our first STEP What important task this
houre carefuyes prayerful-attnetoh
There real challenge in the answer-AGRlCuLIuh
The fundamental America is the productivity OF her
soil Transportation manufacturing obng banking merehandz
ing labor life when the farmer prospes all sune
when his purchasing power materially curtailed God his
bounty has given and the water We have the man
lower machinery have the gold shall be put them
actively work that the world may be clothed ana ea ana
America prosperity built the firm foundation OF
wealth created?
crop that can be made any planted
harvested opportunity forever ostme and money that can
never reganed Rotation agricutura sound and
divesicaon desirable providedfor commodity OF which
great surplus supply there be substituted something more
sorely needed.
World movements indicate gradual clearing up Of the foreign
financial skies If the series being held
re-esabsg the buying of Europe the fall may
facing active demand for fundamental commodities
1t will then be late plant the necessary crops.
Should the foreign situation not materially then imam
a America provide machinery the surplus
temporarily decentralization values The demand
not long delayed needs the world be properly
FLIED Today crops be both planted and financed materially
different basis incurred during the period of high
cost of production.
WHAT SHALL THE BANKER DO?
of his neghbohOod approach this planting
ceruness and rugged determination succeed Put
their hearsthrough continued sympathy and
the rough Many of them dscOu
the of
1hey look forward backward and the
help bridge the gulf between the dheartenng past
and the promising future.
They still need support-he their
lawyer and school teacher
himself to be iquidated
AS in the immediate past display confidence those
shown their willingness work and their ability
them financing their need for seed fertilizer nipple
If press forward successfully agriculture
not be allowed to become demoralzed.
For forty years the South crops financed
farmers only collateral his character
gage This collateral is still avaiable-make it. HIS sue
CESS IS NATIONAL PROSPERITY
Put the American farmer his through paenalisc
legislation of specious nosrumhe neither needs charity
but through the application of fashioned Amer
lean banking and business principles
Again his feet he will stand unsupported and
will American business be renewed strength activity
american labor find fields for Employment
THEN SHALL WE SEE THE DAWN OF THE DAY AFTER
TOMORROW.