Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-01-25
Cows AS Collateral

Eighty per cent OF our loans
On dairy cows have liquidated
themselves within eight months;
we consider them the safest
loans we make to our farmers.
This is the emphatic state
ment of banker and one who
knows what he is talking about,
for he is one of the pioneers in
this line, for the declaration
comes from ]. A. Johnson,
managing vice-president of the
Ashburn, (Ga.) Bank.
The Ashburn bankers prob
ably have done more in putting
over Turner county's COW, hen
and hog program than all 9TH
ers combined.
So far as we can learn every
community that has turned to
dairying has become prosper
Gus, farm-own;ng community.
Not only is this true in this coun-
ty, but it is true in Europe. 1t
is claimed by authorities quail
fled to know that dairying
transformed Denmark from a
country of tenant>farmers to one
where practically every farmer
owns his own farm and has a
substantial deposit in the bank.
In one generation 90 per cent
of Denmark's farmers have be-
come land owners instead of
renters.
The same story might be told
of Wisconsin. California, Min
nesota and Iowa. Is dairy farm
ing more profitable in the North
than in the South, asks F. H.
Abbott, secretary of the Georgia
association. and he answers his
question this way:
This question has been answer
ed emphatically in the negative
not only by scores Of Northern
dairy farmers who have come
i South and proved the case for
F7themselyes but in a notable letter
il written a few months ago by an
experienced Pennsylvania dairy
man, former manager of one of
the country's largest dairy farms
and a graduate of the countrys
leading dairy school. This letter,
addressed to the late George t.
Belts, former president of the
Ashburn Bank, Ashburn, Ca, and
4 also president of the Georgia as
ISOLATION, claimed the following
advantages of the South over the
North for successful dairy farm
ing: ! Cheaper land; 2 Cheaper
buildings; Cheaper cattle: 4
Cheaper labor; 5 Cheaper concen-
trates for feed; 6 Less tubercu-
losls in herds; 7 the season of
the highest butter-fat prices. the
season of butter-fat production
IN the South; Prices for butter
fat mere, equal or higher; 9
anger pastures season.
low much safer for Southern
kers to gamble on dairy farm
under such natural advan-
S than for bankers in the less
bred Northern states who have
le their farmers rich backing
kind of farm program and
9se whole farm loan system is
sed upon chow many cows"
show many bales"
Dairy farming" or "cow-hog
Y farming must not be con
ID with 'dairying," which. as
/tlted industry is almost in
I'VE class as cotton farm
m wheat farming or ito
alarming" or any other
u farming where the eggs
y placed in one basket On
her hand dairy farming"
balanced farm program
nough cash income from
checks and cooperative
poultry sales to pay farm
lg expenses with no add
lr cost above the labor
to raise the surplus
crop or crops. 1t means
ity, plain farm prosperity
bee" And I doubt if a
case can be found in the
South where this sort Of
nee" has fallen down ex-
Isolated cases where it has
tucked into the whirlpool
ssive one-crop losses.
ousand cases can be cited
nut the Cotton Belt where
,ow-hog-hen program
she sole salvation of both
hnd banker. There is
highest danger of over
cow-hog-hen program
ath; the real dnager is
Htoo slowly to make it as
an instrument as it
made in staying the
aiming tide Of farm de-
solving the present
It problem.
coming faster than
orgia; that is theo-