Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1922-02-09
LII

thinking, and uniting - never before
to eradicate these inequalities, they
are subjected to stern economic lee
lures, and are met with the accusation
that they are demanding, and are the
recipients Of, special privileges. Let
US see what privileges the government
has conferred on the farmers Much
has been made Of Section 9 Of the
Clayton Antitrust Act, which pur-
ported to permit them to combine with
immunity, under certain conditions
Admitting that, nominally. this ex-
emption was In the nature Of q special
privilege. though ! think II was so In
appearance rather than In fact,-we
find that the courts have nullined It
by judicial Interpretation. Why should
not the farmers be permitted to &C
complish by cooperative methods what
other businesses are already doing by
cooperation In the form Of incorpora-
ton? II It be proper for men to form,
by fusion Of existing corporations or
otherwise, a corporation that controls
the entire production Of a commodity
or a large part OF It, why ID It not
proper for a group Of farmers to unite
for the marketing Of their common
products, either In one or In several
selling agencies7 Why should 4 be
right for hundred thousand corporate
shareholders TO direct Is or 80 or 40
per cent Of an industry, and wrong for
hundred thousand cooperative
farmers to control a no larger proper
tion Of the wheat crop, or cottcn, Or
any other product
The Department Of Agriculture 10
often spoken of as a special concession
to the farmers, but In its commercial
results, 1t is OF as much benent to the
buyers and consumers OF agricultural
products as to the producers. or even
more. do not suppose that anyone
opposes the benefits that the farmers
derive from the educational and re-
search work Of the department. or the
help that II gives them In working out
improved cultural methods and prac-
tees, In developing better yielding va
rieties through breeding and selection.
In introducing new varieties from re-
mote parts Of the world and adapting
them to our climate and economic con-
dition, and In devising practical meas
ures for the elimination or. control o.
dangerous and destructive animal and
plant diseases, insect pests, and the
like. All these things manifestly tend
to stimulate and enlarge production,
and their general beneficial effects are
obvious.
II Is complained that, whereas the
law restricts Federal Reserve banks
TO three months time for commercial
paper the farmer IL allowed dx
months on his notes. This Ia not Q
special privilege, but merely such
recognition Of business conditions -
makes II possible for country banks
to do business with country people.
The crop farmer has only one turn
over a year, while the merchant and
manufacturer have many. Incidental
IL, I note that the Federal Reserve
Board has Just authorized the Fed
eral Reserve banks to discount export
paper for q period Of six months, to
conform to the nature Of the bust
ness.
The Farm Loan banks are pointed
10 as an instance Of special govern
ment favor for farmers. Are they not
rather the outcome Of laudable efforts
to equalize rural and urban condi-
tionsl And about all the government
does there Ii to help yet up IN ad-
organization and lend .
little credit at the start. Eventually
the farmers will provide ell the capi.
tai and carry at the liabilities them
selves. II Is true that Farm Loan
bonds are tax exempt: but % are
bonds Of municipal light and traction
plants. and new housing is to be eX-
empt from taxation. In New rsrk, for
ten years.
On the other hand. the farmer reads
Of plans for municipal housing prof.
ects that run into the billions, of hun
dreds Of millions annually spent on
the merchant marine: he reads that
the railways are being favored with
rates and virtual guarantees
Of earnings by the government. with
the result to him Of an increased toll
on all that he sells and all that he
buys. He hears OF many manifesto
lions Of governmental concern for par.
ticular industries and interests. Res
cuIng the railways from insolvency 10
for the benefit Of the
country as q whole. but what can b
Of more general benefit than encour.
agement Of ample production Of the
necessarles Of life and their
even nov from contented producers to
satisfied cOnsumersf
While II may be conceded that
special governmental aid may be nee.
essary In the general Interest. we must
all agree that II Is difficult to see why
4 Triculture and the production and dis
fribution If farm products are not &C.
corded the same opportunities that are
provided. for other businesses; esre
rIalIy as The enjoyment - ihe farrss
" such opportunities wen'd appear :.
he even more cu;.if.huiorv 10 the -
II