The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-07-15

One third of the total of the total
net income of farmers in this
country in the year of 1925 went
for the payment of interest on
mortgages! With the present de-
cline in farm income, the item of
interest on mortgages is literally
strangling a large per cent of our
small farmers. Bankers in New
England will no longer grant an
extension of payment 10 the small
farmer. Such a thing as new
loans to small farmers is prac-
tically unknown, at present. "Cash
Or foreclosure" is the cry of the
creditors. The Federal Reserve
Bank, gift of our Wall Street gov
eminent, is advertising cynically
in our farm journals, Beautiful
New England dairy farms, with
comfortable dwelling houses :.
on the easy payment plan."
Inc small armer ana
the Future
What does the future hold for
the small farmer of New Eng
land? Or of any other part of the
country, for that matter?
Most small farmers realize that
something very crucial is happen
| ing to our economic structure.
Most of US are bit afraid of
reality, however. Not understand
ing fully what is going on, we
dread to see these changes of his
tory. 1t is so easy to listen to
the words of those who have man.
aged to attain a position of lead
ership in the system which has
brought US to our present position
They say, "Have confidence. The
present system has served you well
in the past and it will solve oul
present troubles. To change is tt
invite chaos"
Farmers Face Chaos
So we close our eyes. We are
lulled temporarily 10 sleep. We
plunge on. Only to find that the
tide has swept US backward, anC
into real chaos.
No, the burdens of the small
farmer cannot be solved in the
proverbial manner of the ostrich
We must open our eyes more
widely than they have ever beel
opened before. We must learn t
distinguish between the bunk ped
died by the clever statesmen of tn
moneyed interests, and the in
terests of the small farmers as
class.
We hear, everywhere, loose tai
! about reforms. About tax reform
for instance. Let US consider thi
2 newest attempt to delude the fan
mer.
How Taxes are Used
4 The direct taxes of the Me-
q England farmer of course, go t
o pay town, county and state eS
q penses. These expenses are rel
q resented by
al 1. Wages of teachers.
: 2. Upkeep of school property.
81 8. Roads.
4. Indebtedness.
b 5. Support of the needy.
f 6. Cost of government.
, 7. Profits to contractors.
Il 8. Graft.
? 9. Upkeep of public institution
d prisons, hospitals, homes for o.
phans, the aged, the insane, etc.
Federal taxes (paid by farmer
= in the prices of goods that the
buy) represent the following item
1. Past, present and future wer
approximately 81 per cent of Il
- goods that they buy) represent Il
following items.
> 2. Other Indebtedness.
8. Federal projects, roads, ha
bors, etc.
a. Institutions.
5. Cost of government and Il
bureaus.
6. Profits on government CO.
tracts.
z. Crafts.
Of the state expenses, educ
tional expenditures should not
decreased. In fact, they should i
crease with the population.
> Prosperity" in COOlidge's Hom'
:, Town, county and state indeb
!, edness cannot possibly be Gu
n With continued refusal of the Fe
It eral government to provide for t
unemployed by tax upon the
comes of the rich, and by the u
of all funds now spent on We
preparations, many local Cover
ments have long reached the upp
" limit of their capacity to borro
:, and are issuing script to an
. reasing extent, based upon the
& future capacity to borrow. Al
h yet these local governments @
able, in the largest number
cases, to maintain their unel
N ployed citizens only at coolie lev
Plymouth, Vermont, horne of
y great Cal. symbol of prosperity
has been feeding her needy up
< approximately IS cents, per p
Ill son.
m Starvation Diseases On Tncresa