Smyrna times., 1924-05-21
FARMERS AND BANKERS HOLD
MUTUAL AID" CONFERENCE
DISCUSS PLANS AT NEWARK
FOR BETTER UNDERSTANDING
Six Strong Points Brought Out In a
Policy For Future Agricultural
Financing In the State

Open discussion at a conference of
farmers and bankers of the State held
in Wolf Hall, at Newark last week,
developed a set of recommendations
which will form the basis for futher
efforts by the Delaware State Bank
ers' Association to instruct its MEM
ber banks in farm fiscal affairs for
the mutual benefit of the conference.
The morning session was taken up
with speeches from which the round
table discussion grew. ]. D. Reynolds
a farmer of near Middletown, present
ed the Farmers Viewpoint" while
D. H. Otis, of Madison, Wis, talked
of the closer relationship between
these two social agencies for mutual
benefit and outlined more profitable
means of disposing of produce and Sc
curing better credit.
Six points, were stressed Thursday
afternoon, which it is believed, will be
pamphleted and sent to Delaware
banks as a formulation of policy in
future agricultural financing. General
ly, these points were: (D Encourage
ment of more liberal system of credits
to farmers. (2) Development of the
Boys and Girls Club ideas. (3)
Plans for the transfer of mortgages
now held on farm lands to the Fed
eral Land Banks to extend time for
payments. (4) Aid in securing more
effective and liberal farm leases. (5)
Institution and practice by farmers in
keeping of books of account and
records, in order to provide better
business basis for this work, and (6)
Encouragement of cooperative organi-
cations and "Poolings" for better dis
tribution of products. The endorse
ment of the State Bankers Associa-
tion will no doubt be given the pro-
gram and lead to desired results in
overcoming the handicaps complain
ed of by the farmers of the State.
Fifty bankers and farmers from the
State and other states participated ir
the conference sessions and were en-
tertained at luncheon at the college
dining room at Newark.
Frank Zimmerman, of the Cham
bersburg Trust Company, Chambers
burg, Pa, in the morning session ex
planned the purpose of the Agricul
tural Commission of the Nationa
Bankers Association, and outlined
changes in farm practices to NEE
present day economic needs which haC
been effected through its activities
Dean c. A. McCue, of the Universit!
of Delaware, who presided at th'
morning session, explained the exten
sion program of the agricultural col
lege Other discussions by member
of the University faculty were mad
by DR.. c. c. Palmer, A. D. Cobb, R
| o. Bausman and 7. A. Baker.
| Robert P. Robinson, of Wilmington
presided at the afternoon session. W
R. Titlow outlined the activities of tn
Baltimore Federal Land Bank, o
| which he is president, in aiding tn
farmer.
| Kent county was we'll represente
at the conference. Among those pres
ent from this county were: Walker /
Mifflin, member of the State Boar
/. of Agriculture; Frank c. Bancroft
! Ed. Willim, E. H. Donovan, Ralph {
Wilson, Secretary of State Board {
Agriculture; w. T. Derrickson, Chic
j of Division of Markets; Roland
Handy, local representative of tn
Eastern States Farmers Exchange
and County Agent Russell E. Wilson
.