The herald and news. [volume] (Newberry S.C.) 1903-1937, 1922-11-24
LEGISLATION NEEDED
70 AID FARMERS
By T. Cushing Daniel


North Carolina is especially interest
ed as evidenced by the fact that rep
resentatives Of the various ccopera-
tive associations are planning to meet
in Washington on the 14th and 18th
Of December, for the purpose OF stu
dying pending so-called rural credit
legislation. There are other farmers
organizations from the South and
West that will probably hold a con-
ference in Washington, on.the same
subject within the near future.
The Joint Commission on Agricui-
tural Inquiry, headed by Congress-
man Sydney Anderson, has complet-
ed its thorough whitewash Of the
policy OF drastic deaation and ma
ch;nery has been set in motion 10
rush through some kind Of credit leg
islation, apparently in accordance
with the recommendations of the
commission.
There are number Of bills pend
ing--one introduced by Senator
Nocbeck; one by Senator Cse2e
which was fathered by Eugene Mey-
er, Jr.; one by Senator Simmons, and
some by various others. All pretend
to be for the purpose Of aiding the
farmer. All are dependent Cor their
success or failure upon the financial
control exercised by Wall street.
Of interest to the North Carolina
farmer and citizen is, the following
correspondence which l have had
with Senator Simmons over his pro-
posed measure:
Wrightsville Beach, n. Z.
June 9, 1922.
Senator F. NJ. Simmons,
Senate Office Building,
Washington, D. C.
Dear Sir:
I have read Senate. Bill No. 357S
introduced by YOU April goth, 1922.
As you have assumed the responsible
ity of this money bill and in order
that the voters in North Carolina may
clearly understand your position o2
the money question kindly let rne
know if you endorse the present
fraudulent ''gold basis" Federal Re-
serve act upon which this money bill
you have introduced is based. Ow-
ing to the paramount Importance of
the money question now being pre-
sented to the people, and in order
that your position may not :,e ais
understood l would be obliged : you
would give me frank answer 10 eshe
above question.
Yours truly,
(Signed) T. Gushing Daniel,
President, the National Honest Mon
ey Association.
- Washington,
: June 1o,s1S22.
My Dear Sir:
I have your letter Of June 9th,
written from Wrightsville Beach.
From your letter it appears to be
quite certain that you have not even
read my bill; at least, not with any
decree sof understanding.
It would be useless, therefore, for
me to undertake to make any answer
to the question you SAX, which ven-
ture to say to you was not very cour-
teously put.
Very truly yours,
(Signed) F. n. Simmons.
Mr. T. C. Daniel, President,
National Honest Money Association.
Washington, D. C..
Wrightsville Beach, N. C.
June Is, 1922.
Senator F. NJ. Simmons,
Senate Office Building,
Washington, D. C.
Ny Dear Sir:
Your letter Of June 10th, 1922, in
reply to mine Of June 9th received.
If you understand S. Bill 357S that
You have introduced you should know
that its functioning and fate depend
upon the gold basis Federal Reserve
act controlled by international bank
ers through their agencies as provid-
ed in said act, the Advisory council
and the Federal Reserve beard, tha-
now control the money system. CT L: {.
United States.
There is no provision in the bill
you have introduced TO put in circu-
lation or add one lawful dollar to the
amount in the monetary system Of
the United States TO be used by the