The Delta independent., 1922-01-27

gar companies have been the main
factor in keeping business moving.
In judging the result sof last years
sugar beet crop it should be compared
not with the years Immediately pre-
ceding. but with the returns from
other crops during the same period.
1t must be borne in mind that 1921
was a year of acute agricultural de:
preston. Sugar, like all other prod
ucts of the soil, shared in this depres-
sion. The decline in the price of
sugar was greater proportionately
than in that of any other important
staple. But while wheat and corn and
other crops accumulated on the grow
er's hands, disposal of the sugar beet
crop offered no marketing difficulties.
1t was promptly taken and promptly
paid for and, as already stated, in
many communities the cash received
for it was almost the only currency in
general circulation.
This is one great advantage of sugar
beets from the point of view of the
grower. Within thirty days from the
time he begins lifting his beets a large
part of them has been paid for, and
within ninety days practically all the
of the seasons work are to
his credit in the bank or have been
used to liquidate his outstanding obli-
cations. When the farmer puts his
beet seed into the ground he knows
that, whatever his output, he will re-
ceive a certain price per ton for it
and that, while his financial return |
will vary with the yield and with the !
price of sugar, there is no possibility |
Of the crop being left on his hands, |
,r of his being compelled to sacrifice |
t at a price far below the actual cost |
If production.-Facts About Sugar for |
7th.
For reasons of enlightened self.inter-
,st the United States is interested that
europe get on its feet. Deprecated |
international debts, balanced
rational budgets, economies in arma-
nents, freer trade-all these matters
fleet the well being of the corn and
wheat and cattle and cotton farmer, as
veil as of the American manufacturer.
Yet it is questionable whether such
conference should be called by the
United States as has been proposed in
Congress. There are several countries
hat would regard such move as an
that America is ready to
,lay Santa Claus. That would be de-
The world needs to get
lown to brass tacks. 1t cannot be
aved by philanthropy.
Europe needs radical remedies. But
t is primarily Europe's problem. 1t
would be we'll to wait and see what
Europeans have to offer, what sacri-
ices they are willing to make, and
hen to consider what America can do.
Kansas City Star.
Somebody is always bobbing up |
with the suggestion that we should
make a present Of the ten billions we
have in war loans over there. 1t is
worth while to recall that the great
private financial interests Of this coun-
try have much money invested In
European war loans Presumably
these private loans are secured, but
whatever their supporting is. probably
much Of 1t is of deprecated value and
for its rehabilitation in
worth on the general fiscal rehabilita-
tion of the debtor nations. With the
public loans cancelled, this recovery
would be speeded up as matter Of
course. and the serenity Of our great
private financial interests would i'm.
prove at the same pace. Everything
would then be hunkydory for every
body but the American taxpayer. and
what's ten billions, more or less, to
him? Just the same, 1t would be
political suicide for the party in power |
in this government which gives con.
sent to the cancellation of our public |
foreign loans.-Potosi (Mo.) Journal |