Land Credits; A Plea For The American Farmer

Paperback | January 30, 2012

byDick Thompson Morgan

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915. Excerpt: ... sonal rural credits, but because I realized the vital importance of the proposition, and because I find that it is so little understood, not only by the people at large, but by those who are charged with the responsibility of legislating on the subject, that I thought it wise to provide for a hearing that would give all those who are interested in the subject a chance to be heard, no matter whether they be for or against the proposition. "Such a hearing as I have proposed would give us the arguments on both sides presented by the best experts obtainable, and would, therefore, furnish us with the best possible basis for the drafting of a bill that would bring the necessary relief, and by having constantly before us the arguments of those who are opposed to the proposition we would be aided in drafting a bill that would not unnecessarily antagonize their interests." Hon. William A. Oldfield, Of Arkansas: "Congress should do two things in the matter of establishing a personal rural-credit system: First, establish a system which will create a piece of productive farm paper which is as good and sound as the farm paper created by the best of foreign personal rural-credit systems; second, create a healthy public sentiment among the investing classes for that paper. You must have buyers as well as sellers before you can do business. If I were to take a load of cotton to Des Moines, Iowa, I would have to dispose of it as souvenirs, as there is no commercial market there for cotton in the seed. But let me take it to my home city during the season, and the moment I reached the public square there would be buyers to meet me. Precisely the same thing is true respecting investments. In planning a system for this country it is important that one should know the reasons ...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915. Excerpt: ... sonal rural credits, but because I realized the vital importance of the proposition, and because I find that it is so little u...

Format:PaperbackDimensions:100 pages, 9.69 × 7.44 × 0.21 inPublished:January 30, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217786812

ISBN - 13:9780217786812

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