Page 2 of 31 Aug 1934 Issue of Albert Lea Freeborn Patriot in Albert-Lea, Minnesota

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Albert Lea Freeborn Patriot (Newspaper) - August 31, 1934, Albert Lea, Minnesota Freeborn Patriot program and principle of the farm Holiday movement by Richard Bosch chapter ii the decline of agriculture the experience of the american warmer in trying to make a living u like that of the Little girl Alice in her dream a through the looking Glass a As told by Lewis Carroll. Nice was walking with the Queen when suddenly the Queen took Are by the hand and began to run. A the Queen went so fast that it wag ail she could do to keep up who nor and still Ute Eileen kept crying taster faster out Alice tit Ane co Usu no go Laster enough she had no breath left of say go. A the curious part of the thing was Matt however fast they went Urey never seemed to pass ran on with the wind Uisu Iii in Alice s ears and almost Dow my her hair Oil her Hearne Ian eled. Anally Coney stopped and the Queen said a you May rest a Little now. Lui they were standing under Ole very tree i rom a Man tile Nan started rimming a in this country a the Queen explained a it takes All the Jou cml do to keep in the same the Farmers have been a run i in a a but financially speaking have not even remained in the same place they Nave lost Money have piled up debts of Tun ten in fourteen billions of dollars. As a member of the present eco nomic system the Tai Mer make exchanges buy and sell. In effect the Farmer in swapping dollars with other people but for every Dollar he receives he gives More than two dollars in return. In other words the buying Power of the Farmers dollars according to the department of agriculture is less than fifty cents. No one Farmer or otherwise can keep on swapping two dollars Foi one Dollar very Long unless he can make up his losses by exchanging one Dollar for two dollars or in some other Way get something for nothing. The Farmer has not done a a cannot do this. The Farmer is getting the Short end of his exchanges because of his Lack of organization and because he is under the Handicap of various forms of Legal and commercial discrimination such As taxation freight rates interest rates Anc. Tariffs. Of All the burdens imposed upon the Farmer the dishonest Dollar is unquestionably the most unjust. If a Farmer borrowed a Bushel of wheat weighing six pounds he would at once see the injustice of a manipulation of the Standard of weight which would Force him to pay Back a Bushel weighing one Hundred Twenty pounds or let him off with thirty pounds. The effect is exactly the same when the Dollar the Standard of value fluctuates in its general purchasing Power. The Farmer borrowed a cheap Dollar but is now expected to pay his debts with a High priced Dollar. The Farmers debt situation is the same As that of the nation As a whole in regard to the National debt incurred during the world War. The producers of the nation Are paying this debt several times Over. We paid once when we produced the materials and sacrificed lives for the War. We began to pay a second time because at the end of the War we were in debt for the value of the wealth we had produced and destroyed. The piling up of interest will make us pay a third time. The dishonest Dollar the collapse of prices will make us pay a fourth or fifth time. So that our total payments for the War will be four or five times its actual Cost. That is if we continue to be slaves to a Bankers Gold Standard if we allow our Money and credit system to be controlled by a few men. The Farmer is now bankrupt because As described above he has been exchanging two dollars for one Dollar and has been Payin with High priced Money the debts he contracted with cheap Money the statistics gathered by the department of agriculture show in figures the Farmers troubles. Since 1910 farm mortgage indebtedness has increased from $4,320,470,000 to $9,-�1,390,000 the total debt is Between thirteen and fourteen billions. But a recut Turest Gross income decreased from about $12,000,000,000 in 1929 to $5,200,000,000 in 1932. Sine 1928 the Farmers prices have dropped sixty per cent but what be Guys has dropped Only 28 per cent. So mat the Farmers Dollar is now Worth less than fifty cents. From 1913 to 1930 farm taxes increased two and one half times. But the value of farm lands has dropped fifty per cent and More since 1920. From 1914 to 1919 the Farmers received seventeen per cent and in 19 less than seven per cent of the National income. In other words the Farmers Are getting less than one third of their share since they Are Twenty five per cent of the population. There were about 100,000 fewer farms in the United states la 1930 than in 1920, but Over 200,000 More tenants. Tenancy has increased from 38.1 per cent in 1920 i to 42.4 per cent in 1930. The 1932 year Book states a this increase is composed mostly of croppers who do not even own work Stock since 1920 More than a million farms were lost through to redos ures. For the fiscal year 1931-32, 2.84 per cent or about 178,000 farms were lost. In extreme cases Farmers have made payments for their farms seven or eight times greater than the amount of their mortgage and then have lost everything because through no fault of their own they were a few Dol the application for membership i Farmers Holiday association and for one years subscription to the farm Holiday news Freeborn county Farmers Holiday association r. 3, Box 107 Albert Lea Minn. Enclosed find $ which please apply As follows for membership card in National Farmers Holiday association for one year $100 $ for one years subscription to the farm Holiday news $1.00 $ total yours truly name. Rural route and Box number or Street address. City or town. County. State. Clip this now and Send with your remittance of meeting interest Lars Short charges. In addition to losses by foreclosures. There Are losses by bankruptcy default of contract a a feeding Back a a and tax sales. Tax sales took about 78,000 farms in 1932 so that for 1932 the total losses from foreclosures and tax sales were 262,000 farms or 4.17 per cent of All farms. Senator capper made the following statement at Washington a for to years the Farmer did business at an annual loss of 15 per cent. How did the Farmer clo this impossible feat of doing business for to years at an average annual loss of 15 per cent ? he lid it by borrowing by mortgaging Bis farm mortgaging his Home his cattle his farm machinery his work Stock finally in the last few years too frequently by mortgaging his growing i. Cong. Rec. No. 27, p. 1719. By Way of contrast with the Farmers condition consider the statement of congressman Patman appearing in the congressional record of March 27, 1933. Bergh sr., in 1923 Are even More True today. A it has come to a condition where the most useful occupations Are paid least the less useful More and the least useful and useless the i. It is to meet and remedy this condition that the Farmers Are organizing into the Holiday association. Everywhere and always men and women will fight to protect their Means of livelihood their Homes and their children. Yes the women too even More than the men on March 22, 1933 while their husbands were away to present a mass demand for Relief legislation at St. Paul the women of Madison Minnesota called on their sheriff and stopped a foreclosure Sale i the economic Pinch a. 218. A one of or. Mellon a Banks in Pittsburgh made a two Hundred per cent net profit last year using the government credit the words of Charles a. Lina continued next Issue have you subscribed for the Patriot ?

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