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PAGE FOUR
_‘Wl"——'_ —— A ——" —— e Ry
Bewwed Daily Except Saturday
i By The
” Dispatch Publishing Company
106 Seveath Street North
TB A -
OMAS. E. BROWN Editor
Subscription Price—Dally
POP WOOK .cccvoricanroremmosmosessrsosmsosesres 16
SRR BBONEE. ........cclermmrinsirimomoceontessssson’ 00
Three Months cocevvcanccasve 1.76
DR MONIEE ..coconstnannanaacva §OU
080 YOB! o..vevccnnnnanennnnnn 6.00
Entered as second class matter
Juse 2nd, 1920, at the post office at
Cordele, Ga., under Act of March 3rd
1879,
WMembers of The Assoclated Press
The Assoclate@ rress 18 excusively
entitled to the use for republication
of all news dispatches credited to It
or mot otherwise credited In this pa.
por and also the local news published.
" Georgia watermelons, peaches and
«Bobby Joneg are the all-absorbing
topic Among folks in Georgia who
are not so well versed in politics.
There is a treasury surplus of near
1y four hundred million dollars this
o« summen in the federal government,
The income tax rates were lowered
and the money flows at a still great
er pace from this source. The cus
toms receipts, too, are jumping. The
latter means that other nations are,
trying to sell their goods in this coun
try despite the high tarift wall set
“up by the Fordney-McCumber law. |
e it N
£ One more victory against ('ouli«lm-!
and the trusts— Nye won against the
regular republicans in the North lm-i
kota primary Thursday, Of course
Nye and all his supporters are radi
cals—they never could have been any
-2 thing clse and won. As for us, we
% are ready to take any radical dose
fi!ofigct away from Coolidge and the
Fordney-McCumber tariff. It is cost
ing us individually—costing us col
lectively many hundreds of millions
of dollars to have Coolidge and the
trusts instead of a representative
government in Washington. We are
gétting weary of our burdens laid up
-0l s by the special interests who
u’le using the government to enrich
themselves to the hurt of other
classes,
There are constant calls upon llold
er and Russell for their resignations
from the offices which they now hold
to go on a good sportsman’s footing
with the other candidates in the races.
Russell is running the Georgia sp
preme court and at the same time
bidding for the votes of the bar to
become senator. John Holder has the
road mileage in one pocket and the
paving awards in another to give out
to those who “buck up to me.” Talk
ing about vindication — it is worse
than hoggish to have the largest
patronage and political influepce
there is in the state as chairman of
the highway board and then reach
out for more—for another office to
control and manipulate, If he wants
to be governor, surely he doisn't ex
*pect to be both heaq of the highways
and governor,
Few people will find it in their
Learts to criticise Governor Walker
unfavorably for commuting the life
sentence of Batchelor., Many circum
stances connected with that case jus
tify the decision not to let him go to
the electric chair. Tursueqd all his
life by family relations unbearable, he
sought to end his own life while he
was wiping out the others. He only
shicceeded in killing his mother-in
law and there the law laid its hand
upon him. He was insang, is of a low
; mentality today and will always be.
We doubt if he will ever be able to
understand the consequences of suchl
a crime. The law isn't vindicated
nor the state saved from future mur-:
tders when such as Batchelor are ex
'cculcd. But it ought to be the end
of his individual liberty. Batchelor is
_ ot a safe person to release upon so
ciety. Life imprisonment is best.
MORE OF THE RADICAL
' BROOKHART
We cannot refrain from thinking of
; Brookhart’s fight in lowa—the almost
superhuman task of defcating Senator
Cummins, one of the wheel horses in
the present Coolidge republican ma
¢hine that is running the government
for the special benefit of the manufac
turing and banking clements of Amer
fcan business, That defeat was not a
mwore accident, It wis accomplished
in one of the greatest fights that wag
wer made hefore the voters of any
state in this American union,
During and soon after the war
there were radicaly, thus termad by
the whole American public which wag
nearly unanimous in its loyalty to the
sovernment, The radicals were pun
hed lightly and passed up—hbut no
body had any use for them, They
e still given little consideration by
he whole public, But big busginess
which seized the power of govern
ment by expending some of the great
sar riches to buy the elections and
the control of congress even bhefore
Wilson went out of office, has since
nade a constant practice of calling
werything radieal that runs contrary
n the political wishes of big business
Brookhart isn't a radical, He is
o friend of the great farming ele
aont in this country., The greatest
wced agrienlture has in this day in
\merica is—more leaders like Smith
W, Brookhart. Here are some of the
asons he assigns for the thousand
ercent increase in farm failures
vhile big buginess — United States
eel, roilroads, the great combines
n all other lines, farming m:i(:hiuui'y‘”
wooleng, fabrics, food and ('lnlhin:zi
jecesgities—are all at ‘peek prices and
sarning fat dividends:
The cecond cause for this increase
n farm failures is the high cost of
wyedit. The Federal Land Bank has
welped some on jong-time credit bhut
t is «till too high. The shorttime
redit system ig organized entirely
wainst agriculture. It fits commer
ial business and quick turnover only.
The surplus credit all gravitates to
vew York.
Last vear at one time over four
billion dollars was loaned to the New
vork Stock Exchange and it had an
wverage of about three billion. This
noney was loaned at about 3 1-2 to
| 1-2 per cent,
At the time if the farmer wanted
. bank loan to assist in producing
he food of life itself he must pay
om 6 to 12 percent in some of the
states, besides the risk of having his
loan called before his crop had me
rured. This excess cost of credit cop
‘vibuted something to thoe increase in
‘arm bankruptcies.
Many times more disastrons thar
he cost of credit was the deflation
f agriculture by the Federal Reserve
Banking System. This policy was de
sided at a confercnce on May 18, 1020
Sonate Document 310, Sixty-Hoventd
“ongress, fourth geasion.
The method of forcing deflation by
jiging the discount rate was kep!
weret from the farmers and the gen:
ral public. It was well tipped 01l
y big business,
During the next few months all of
i big fellows went out after long
“me loans to tide them through the
rash that was to come. To aid them
v {his cperation there was further
Jlation after the conference had de
ided on deflation.
When big business was ready and
Il set (this does not apply to lenry
ord. who did not get the tip) in Oc¢
yhor, 1920, public notice was given
! {he reduction policy just at the
‘me the farmers' crops were matur
i and ready for market. :
There was no available credit left”
, {inance the farmers in holding
eir crops. They were forced to soll
Jeir Liberty bonds as low as 80 cents
n the dollar and to dump their crops
pon the market to meet the loans
qat were called upon demand of the
Joderal Reserve for general reduction.
The market broke and there never
as such a panic in farm prices in
1 the history of agriculture. Secre
iy Wallace gays the decline in rarm
Hues was $20,000,000,000,
Secretary Hoover says the decline
1 the crops .of 1920 and’ 1921 was
£17.000,000,000 more, making a total
Joflation for agriculture of §37.000,
00,000, Aside from the foreign loans,
his is more than the World war cost
{le government of the United States.
The Manufacturers’ Record says
ther business was deflated in the
um of $18,000,000,000. Since other
1 siness was three-fourths in value
nd agriculture only one-fourth, this
wans that agriculture was deflated
sbout six times as much in proportion
5 other business. However, the prin.
ipal deflation of business was in lit
}.lo business and not in big business,
vhich had the tip and prepared itself
. advance,
The farmers as a whole deposited
Lnr more in the commercial banking
cystem than is ever loaned back to
}"grlculturo. Labor deposits many
times more than it ever borrows back,
Under these circumstances, the Fed
(ral Reserve owes it to agriculture
ty protect its price and to labor to
rrotect its wages, but instead it ruin.
ed them and sent a million farmers
to hankruptey.
Then followed thousands of little
hanks and pow little business enter
prises over the agricenltural scctions
must fail, too, Thorugh it all big
buginess hag prospered and more than
transferred the cost of the war to
agriculture,
What is the answer! The farmer
and laborer must become their own
bankers in a cooperative eredit sys
tem with cooperative reserve and all
under their own control,
’ We concede the right of the com
mercial interets to have their com
}p](:m system under their own con
trol, We demand for agriculture and
Jabor the same rights upcn ths co
cperative plan, . They have no oa
rights or even permigsion undor ih
laws as they now cxist,
- We are the only civilized counigy
in the wolrd that by law prokib..;
farmers and laboring people from de
positing their own savings in a co
operative gystem of their own,
The last item that produced this
great digcrepancy against agriculture
Is the tariff and patent laws that
enable the manufacture of what the
former must buy to fix the prices of
their products at the factory while
the prices of farm products are fixed
hy the sale of an average 10 per cent
surplus. in the competitive markets of
the worid.
In 1923 there were about 11,000,
oeo farmers working on the farms and
about €0 billions of capital left’ after
the deflation. The gross production
of these workers and this capital was
£12,348,000,000. The same year there
were fewer than 9,000,000 workers and
only about 40 billious of capital em
ployed in manufacturing, but its gross
production was $60,000,000,000 or near
ly five times as much as agriculture.
The first answer is usually that
high wages make high values of man-|
ufactured articies, but labor only got
$11,000,000,000 out of the $60,000,000,-
000,
It is next said that 24 billions of
the 60 is raw material. The farmer,
too, has his raw material, but we will
forget that.
In this thirty-four billions of raw
material there are many duplications.
One manufacturer’s finished produyct
is the next manufacturer’s raw mate
rial and a profit is added to the value.
There are perhaps five or six bil
lions of profits in the thirty-four, leav
ing twenty-nine billion that 1 subtract
from the total of sixty. This leaves
hirty-one hillion as the gross produc
ticn of manufacturing and it is still
more then three times as much in
Croportion as in agriculture.
This is the other cause of the ;:i-i
rantie increase in farm bankrupteics,
\s a remedy I suggest a governmental
‘orporation with cepital enough to
andle the entire exportable surplus
of agriculture. 1
I estimmate it will requiic $].300.-%
W aO, Are the farmers entitled to
it that much from the national‘
reasury Under the transportation
wt the railroads received $536,000,000i
from the treasury to pay their de-i
ficit in operation and war-time return
.
@
| aries.
B
Sefly-go
IS SWIFT
& iy
'‘DESTRUCTION
Flies, Mosquitoes, Roaches,
Bedbugs, Ants, Fleas, Moths.
Sold by druggists and grocers
in 50c¢, 75¢, $1.25, $3,50 sizes
Manufactured and Guaranteed by
THE SELIG COMPANY
ATLANTA, GEORGIA
Over 30 years of progress
and service,
BIACKE: DIRURBNE iidiiviiitiaien N 0
Hitcheoek's Liver Powder 19¢
BBH Lt e i RO
WIS OAGU] L an R
Caldwell's Syrup Pepsin
LAREO (o i b, 'OO
Caldwell's Syrup Pepsin
BIBRIY (0 S i e
Groves Chill Tonic .........c..... 49¢
MANY OTHER DRUG ITEMS
SPECIALLY PRICED
WILSON MERC. CO.
10th St. & 17th Ave.
TAE CORDELE DISPATCH
during ihe first six monius, aficr they
nave receivod loans of §107,000,000
more, 1 agriculture were accorded
2% mueh in proportion it would get
over $4,600,600,000, but $1,500,000,000
is probubly all it will need,
This ecorporation would bhig to the
farmers the average cost of produes
tion, plus margin enoush to yleld a
5 per cent retura npon their capital
investment, This would raise the
price of all their produetg to that
level and the tariff would protect it
in the heme morkel, The surplus
weuld be left on hard for disnosal in
the world market, It wonld be financ
ed 8o there would be no competition
in gelling and no necessity for dump
ng. This would certainly improve
the world 'm:n'ki:l and might even pre
vent a los¢ upon the surplus..
But if -there were a logs it weuld
wmily Be Wpen about 10 per cent of
the gross production and it would he
small in proportion to the gain on
the other 90. per cent in the home
market and could be paid by an ex
cise tax upon the total sales.,
I would further provide that all
co-operatives might subscribe for
o a’efi%i Y
,4:,",’.& v 675,/ I
Gl B, MY T SRR
AN
Blade Needs “ifif
° R
Stmppnng g’%
A tough beard “turns” ',j;:f*%“‘
the keen edge of your k;-{r..iffi
blade. Heat and cold [l (8 *
contracts and expands ;#g}éfi‘
sensitive steel and de- ;«%;H’*
stroys the cutting edge. fu i 23
That is why every “-:-' b
blade,—even a new onc %
—needs stropping. 4‘ A
A few strokcs on 7 ;t“a ‘,v.f'“if;:"
the James Stoc: ; fé’;’;i
per makes : B 7%
blade sharpe: oo
Detter than 1. . sigla g
s BN
s cuted with
P wl le he
ODELS FO fl & f,,_;.f,'.fi}:e {\v?ii;gczé
Gillette cigarette case,
S ‘ "%
&.-hlffi'
‘| JONESPATE
= | bRUG Co.
CORDELE, GA.
(I RS R R
’#Q\ e //’\\
BN N
! }}x \ <’<‘i 7
* g
| \\ S
' L
i W ' AA
%\\ o s
Y
WHERE |8
SERVICE -’;_"_";\
18 ‘A WORKING
STANDARD
NEXT ELECTRICAL
JOB
Acme Flectric Shop
C. V. ARNOLD, JR.
and
offered in choice se
lection of staple and
faney groceries.
We Deliver the Goeods
PIIONE 96
Lexwvis
Grocery
Co.
. C. LEWIS
stool in this corporation and thus re
tire gove unent investment and con
tinue it s a great co-operative cxact.
v as we are doing in the Federal
Land Dank.
Agriculture is demanding equal
rights and protection under the laws
¢f Congress with the other industries
of the United States.
An Antwerp concern wi'l have
of all tzlephone cferations in
arecce.
Ml i eSI L R
Church furniture made in this
country is being used in Central
America,
| Protection
; _Aga A A
| SumierColds |
' SCOTTS |
Rich inCod-Liver
Oil Vitaniins.
Pleasant foTake J
We Carry A
New Linc
of Wedding Gifir,
Birthday tokens, and
Jewelry with an
Expressicn
in it.
Cur goods are dcpcu}!ub!u de
gigns in the very. Jatcst Cree
tions. We wiil appfeciate a
call to lock them over.
S. M. Dekle
Men And Young
M it N ol
CIll S INCCUS
We Have Just Whot =1
You Need in Wear- ‘Q i
AT ing Apparel {x
- Such as Dress Shirts, {ies \g
Silk, Cotton, Plain or Fancy |3
Sox, Sox Supporters, Plain XH
or Fancy Belts, Suspenders, |
s "
Arm Bands, Handkerchiefs,
A'thletic Underwear, (x
-fords, Tennis Shoes, Lighr
Weight Pants, Caps, Hats and
almostanything else in read v -
to-wear that a man needs.
Late In Style, High In Qualty, Low In Price
Sid Thompson's Store
Lewis & Thompson Old Stand
) AN |
‘ L]J’? “y‘«’\
i ? ':‘ :‘\ F\. \
Pt y " 2 "
4 -\ € o
LT T, ot S
NTR o e @'figqfl ,fi‘\t“,%’,)
. hi Ao, | s Gl A
(il ) e;Q ¥ g
o, S Fo s ~-&5 & ‘h;‘t:lf‘;w, o,!"’ Lt
0 R ~.V \‘ :‘&«‘;,\‘s
: }:\‘h a 3; b j}i‘x.&
b Q“’?’" fi\;ig't‘:‘.}
; %ifi’my A
“ : ® 4‘ ":&
! . iR =2 1 g
How far do you mntengd
: “AR
to drive your CAE.?
Don’t judge a motor car by its first 10,000 miles.
Almost any car will go that far in a fairly satis
factory fashion. .
The miles from then on will show you the dif
ference between Buick and a ot of other cars
that sell for the same money.
Buick cars are built for future, as wel! as for pres
. ent use. Big volume makes it possit’e to huild
them without a quality compromise, and stll
keep the pricelow. Comeinandlook them over.
s 3 ™ ’ (;-;5-49-)6!‘:
L il -‘: \ ¥ "H(:’-
The Better BULCK.
% Ky '\b/}‘ ':,."‘ ('Q
af ; i 3
° La & i A 4 lxh.i;.J'ij?
BUICK DISTRIBUTOR CORDILE, GEORG
Wken better automobiles are built, Buick will build them
P P e PPN P P A PP P 3
e A
H F. CORBET"
* s N V- Bl - -l
; S T 4™ e
PLUMBING "
'EVERYTHING IN TEE PLUMBING LINT
LI o e LY e
a : Residence Phone 372 :
§ Opposite Light Plant Phoue 375 Cordele, G 2,
FRIDAY, JULY 2, 1920