satcbday, jandaky ia nj2 CAPE MAY jTAE_AND WAVE Page Five ======

XC I ij Stndebaker I 8 ANNOUNCES I New Models j 1 New Prices j * | Series 22 BIG-SIX Prices Touring ; $1785 2 Coupe 2500 ) ft Sedan 2700 ft Series 22 SPECIAL SIX Prices Roadster (2-Passenger) $1425. - § Touring 1475 Club Roadster 1475 2 Coupe (4-Passenger) 2150 « Sedan 2350 ft The New LIGHT SIX ^ ^ Prices Reduced Effective January 7th 5 Touring $1045 Roadster (S^assenger) 1045 £ If ■ Coupe-rRoaidster __v 1375 Sedan 1750 A All Prices f. o- b. Factories ROBERT G. PIERPONT S * SUCCESSOR TO PIERPONT & BROWN City Hall Block WILDWOOD, N. J. ^ THIS IS A STUDEBAKER YEAR •

notice, c fc * _x _ Notice is hereby given that the following local budget and tax ordinance ■ were approved by the council of the Borough of West Cape Mav, Cape May County, New Jersey, on January 5th, A. D. 1922. A hearing on the budget and tax ordinance will be held ait Borough Hall on Monday, the twenty-third day of January, A. D. 1922, at 7. SO P. M„ at which time and. place objections to said budget and tax ordinance of the said borough of West Gaue May -for the year 1922 may be presented by anv taxpayer of the^aid borough. Local budget of the Borough of West Cape May for the fiscal year 1922. This budget shall also constitute the Tax Ordinance- An ordinance relating totaxes for the year 1922Be it ordained by the Borough Council of the Borough of West Ca--e May, in the County of Cape May, that there shall be assessed, raised l>v taxation and collected for the year 1922 the sum of Fifty-nine Hundrxl end Eleven Dollars i ($5911-00) for the purpose of meeting the appnopriati' is set forth in the following statement of resources and appropriations for the fiscal year 1922. Amount of surplus revenue $500.0* RESOURCES _ , 1922 1921 Surplus revenue appropriated — NoneMisceilaneous revenue — Poll and dog tax $200.00 Franchise tax : 200-00 ^ • , $400-00 $2,00000 State railroad tax 400-00 Amount to be raised by taxes 5, 91166 4,314.00 $6,311-00 *4,914.00 APPROPRIATIONS _ 1922 1921 General Government — Administrative and Executive $900.00 Assessment and collection of taxes 440-00 _hterest on current loans 250.00 $200.00 WOJMs 1 ,550.00 1,200 00 300.00 20000 HeaKh _r 100.oo 100.00 — 6°« MW Minting and Stationery ^ ® 300 00 Water rent, fire hydrants 146-00 146 00 WW"1"* 1 100.00 100.00 fiC — : 1,900.00 1,400.00 ?Srxrr — ™«° G R : — 2000 20.00 Painting am 160.00 gsfg* - _ ' >*«» TO, odinue, i»U «le >■» „ PTOTid«l by luT13"'00 "S"M WIMta U, J=- » „ EDW™ MORTO!iAttest: THEO W. REEVES, Borough Clerk.

; IN MEMORIAM e 1 EDMUNDS — In loving memory of 9 | Deborah N- Edmunds, who passed I] away January 15, 1917. t Today recalls sad memories d Of our loved one gone' to rest, 9 And those who think of mother today r Are those who loved her best, e Sadly missed by B HUSBAND AND DAUGHTERS 1 — * — ' : SOME ASPECTS OF THE FARMERS' PROBLEMS j (Continued from page 2) . ) ' eral good than In the case of other Industries. The spirit of American democracy Is unalterably opposed, alike to enacted special privilege and to the special privilege of unequal op- ) portunity that arieec automatically ) from the failure to correct glaring 1 economic inequalities. I am opposed ) to the injection of government Into ) business, but I do believe that It Is bd ) essential function of democratic gov- ) ernment to equalise opportunity so ' far as It Is within Its power to do so. 1 whether by the repeal of archaic | stktutes or the enactment of modern ; ones. If the anti-trust laws keep the . farmers from endeavoring sclentlflcallyj to integrate their Industry while other ) Industries find a way to meet modern conditions without violating snch stat- . utes. then It would seem reasonable ) to Ond a way for the farmers to meet them under the same conditions. The law should operate equally In fact. Repairing the economic structure on one side la no Injustice to the other side, which Is In good repair. We pave traveled a long wag from

the eta conception of govferumenl as merely a defensive and policing agency ; A and regulative, corrective, or equallzW lug legislation, which apparently Is of Yf • *T>ectal nature. Is often of the most Q general beneficial consequences. Even ji( ' the First Congress passed a -tariff act Y? that was avowedly for the 'protection O "f mannfacturers : but a protective H tariff always has been defended as a y£ means of promoting the general good vr through a particular approach: and 5 the sUtnte books are filled with acts M. for the benefit of shipping, commerce. ^ and laboe. 5 ~ O Now, what is the fanner asking! sK Without trying to catalogue the re3 medial measures that have been sog gested In his behalf, the principal proUS posals that bear directly on the Im NV provement of bis distributing and maryf ketlng relations may be summarized as ys follows First: storage warehouses for cotjot ton, wool, and tobacco, and elevators for grain, of sufficient capacity to meet the maximum demand on them at the peak of the marketing period. The R farmer thinks that either private capl Vf tal most furnish these facilities, or the state must erect and own the elevators and warehouses. R Second: weighing and grading of K agricultural products, and certification thereof, to be done by Impartial and ££ disinterested public Inspectors (tMs Is already accomplished to some extent rv by the federal licensing of weighers R and graders), to ellmlnato underpayYf tng, overcharging, and unfair grading. Q and to facilitate the utilization of the R stored products as the basis of credit Third : a certainty of credit sufficient y? to enable the marketing of products In an orderiy manner. R Fourth : the Department of Agriculture should collect, tabulate, summay? rlze, and regularly and frequently pub3 "sb and distribute to the termers, full R Information from all the markets of the world, so that they shall be as well yS Informedeof their selling position as buyers now ars of their buying posiR tion. Fifth : freedom to Integrate the busl•ff ness of agriculture by means of con solldated selling agencies, co-ordlnat-R ing and co-operating in such way as to *£■ put the farmer on an equal footing ri with the large buyers of his products R and with commercial relations In other Industries. \r When a business requires specialized Q talent, It has to buy It So will the K farmers ; and perhaps the best way for tbem to g« It would be to utilize some yg of the present machinery ef the larg- ^ est established agencies dealing In term products. Of conrse. If he wishes, (lie fuiiuer uiuy go farther ami engage v In flonr-mllllng and other manufactures A «f food prrducts. In m.v opinion. X however, be would be wise to stop V short of that. Public Interest may be O opposed t" all great lniegratlon« : but. a In Justice, should they be forbidden to X the farmer and permitted to others? If The corporate form of association cany not now he wholly adapted to his jjbX jects and omdltlons. The looser coX operative form seems more generally V suitable. Therefore, he- wishes to be C free. If he finds It desirable and feas Ible, to resort to co-operation with his Xj fellows and neighbors, without run V ' "lng afoul of the law. To urge, that the farmers should have the same libj*, erty to consolidate and co-ordinate V their peculiar economic functions Vy which other Industries In their fields enjoy, Is n*t. hewerer, to concede that I any business Integration should have jcvv legislative sanction to exercise monopollstlc power. The American people ! are as firmly opposed to Industrial as

-I to political autocracy, whether attempted by rural or by urban Industry. For lack of united effort the farmers as a whole are still marketing their crops by antiquated methods, or by no ,5 methods at all, bat they are surrounded , by a business world that has been modernized to the last minute and Is tirelessly striving for efficiency. This efficiency Is due In large measure to big business, to united business, to Inv tegrated business. The fanners now seek the benefits of such largeness, union and Integration. The American farmer Is a modern of the moderns In the use of labor saving machinery, and he has made vast strides In recent years In scientific tillage and efficient farm management, bnt as a business in contact with other businesses agirculture Is a "one horse shay" In competition with high power automobiles. The American farmer Is the greatest and most intractable of Individualists. While Industrial pro- . ductlon and all phases ol the huge comJ mercial mechanism and Its myriad ac1 ceesories have articulated and co-ordi-nated themselves all the way from natural raw materials to retail sales, the business of agriculture has gone on In ouch the one man fashion of the backwoods of the first part of the nlnir teenth century, when the farmer .was 1 self sufficient and. did n<4 dejiend npo:», j or care very much. wLut the great world was doing. Tb» resnlt Is that the agricultural group Is almost as ' much at a disadvantage In dealing with ' other economic groups as the Jay farmer of the funny pages In th6 hands of sleek urban confidence men, who sell 1 him acreage In Central Park or the " Chicago city hall. The leaders of the farmers thoroughly understand this, ; and they are Intelligently striving to ' Integrate their Industry so that It will ; be on an equal footing with other busi- ' As an example of Integration, take J the steel Industry. In which the model Is the United States Steel Corporation. , with its iron mines. Its coal mines. Its [ lake and rail transportation. Its ocean , vessels. Its by-product coke ovens, its Wast furnaces. Its open hearth and , Bessemer fumades. Its rolling mills. Its ; tube mills and other manufacturing processes that are carried to the high- , eat degret of -finished prodoctioq com

patible with the large trade it has 5 built up. AH this Is generally conced- • ed to be to the advantage of the con- • snroer. Nor does the steel corporation Inconsiderately dump Its products on ' the market. On the contrary. It so ' arts that It Is frequently a stabilizing influence, as Is often the case with oth- ' er large organizations. It la master of. Its distribution as well as of Its pro- ' duct Ion. If prices are not satisfactory j the products are held back or produca tlon Is reduced or suspended. It Is not 5 compelled to send a year's work to the market at one time and take whatever It can get nnder such circumstances. It has one selling policy and its own export department. Neither are the 1 grades and qualities of steel determined at the caprice of the buyer, nor does the latter hold the scales. In this sin - gle Integration of the steel corporation Is represented about 40 per cent of the - steel production of America. The rest • Is mostly In the hands of a few large companies. In ordinary times the steel corporation, by example, stabilizes 1 all steel prices. If this Is permissible t (It Is even desirable, because stable - and fair prices are essential to solid ; and continued prosperity) why would It be wrong for the tenners to utilize ? central agencies that would have similar effects on agricultural products? Something like that Is what they are t aiming at 1 Some farmers favored by regional i compactness and contiguity, such as the 1 citrus- fruit-raisers of California, ali ready have found a way legally to 1 merge and sell their products lnte- - grelly and In accordance with seasonal and local demand, thus improving > their position and rendering the consumer a reliable service of ensured 1 quality, certain supply, snd reasonable 1 and relatively steady prices. They have not found It necessary to resort to any special privilege, or to claim - any exemption under the anti-trust legislation of the state or nation. With1 out removing local control, they have f built up a very efficient marketing I agency. The grain, cotton, and tos bacco termers, and the producers of hides and wool, because of their numbers and the vastness of their regions, and for other reasons, have found Integration a more difficult task : - though there are now some thousands > of farmer's co-operative elevators.. ; warehouses, creameries, and other enterprises of one sort and another, with r a turn-over of a billion dollers a year. They are giving the farmers business 1 experience and training, and, so far » as they go, they meet the need of r honest weighing and fair grading: bnt > they do not meet the requirements of rationally adjusted marketing In any 1 large and fundamental way. The next atop, which will be a pat- > tern for other groups, la now being i prepared by the grain-raisers through the establishment of aalea media which , shall handle grain separately or col- > lectlrely, as the individual farmer may elect. It Is this step — the plan of the > Committee of Seventeen — which has > created so much opposition and Is thought by some to be In conflict with . the anti-trust laws. Though there Is now before congress a measure designed to clear np doubt on this point, - the grain-producers are not relying on any Immunity from anti-trust legisla1 tion. They desire, and they are entitled, to co-ordinate tlielr elTorts Just 1 as effectively as the large business Interests of the country have done. In . connection with the selling organizations the United States Grain Growers i Incorporated Is drafting a scheme of ; financing Instrumentalities and auxlll- . ury agencies which are Indispensable to the successful utilization of modern . business methods. j It Is essential that the farmers . should proceed gradually with these plaqg, and aim to avoid the error of 1 scrapping the existing marketing ma- • chlnery, which has been so laboriously , built up by long experience, before I they have a tried and proved substi1 tute or supplementary mechanism. 1 They must be careful not to become 1 enmeshed in their own reforms and , lose the perspective of their place in the national system. They must guard r against fanatical devotion to new doctrines, apd . should seek articulation with the general economic system t rather than its reckless destruction as > It relates to them. V To take a tolerant and sympathetic view of the farmers' strivings for bet1 ter things Is not to give s blanket endorsement to any specific plan, and 1 still less to applaud" the vagaries of f some of their leaders and groups ■ Neither should we, on the other hand, allow the froth of bitter agitation, ' false economics, and mistaken radical- ■ ism to conceal the' facts of the farmera' disadvantages, and the practicability of eliminating them by well-con-1 sldered measures. It may be that the farmers will not show the business sagacity and develop the wise leader- • ship to carry through sound plans; bnt that possibility does not Justify the j obstruction of their upward efforts. t We, as city people, see In lilpli and s speculatively manipulated prlvs, j spoilage, waste, scarcity, the resultof defective distribution of fnrui pn ■: I nets. Should It not occur to us tin,j we have a common Interest wi:h ti e ( e farmer It: his attempts to attain 11 tle- , gree of efficiency in distribution cor- ^ responding to his efficiency In producj tion? Do not the recent fluctuation* , In the Alay wheat option, apparently . unrelated to normal Interaction of supply and demand, offer a timely ; proof of the need of some snch stablll tzing agency as the grain growers have In contemplation? j It Is qpntended that. If their pro- , poaea organizations be perfected and s operated, the farmers will have in 1 their hands an lnstrnment that will be s capable of dangerons abuse. We are : told that It will be possible to pervert It to arbitrary and oppressive prlce- . fixing from Its legitimate use of order-

1 Ing and stabilizing' the flow of term products to the market, to the mntual benefit of producer snd consumer. I 1 have no apprehensions on this point In the first place, a loose orjanlza- | tioa, such as any union of termers must be at best, cannot be so arbl•rarlly and promptly controlled*** a ' treat corporation. The one Is a inra- | boring democracy and the other an agile autocracy. In the second place, with nil possible power of organization, the farmers cannot succeed to any great ; extent or for any considerable length of time, in fixing prices. The great law nf supply and demand works In various and surprising ways, to . the undoing of the best laid plans that attempt to foil !l In tbe third place, tbelr power will avail the farmera nothing if it be abused. In our time | and country power Is of value to lta possessor only so long as It Is not | abused. It is fair to say that I have ; seen no signs in responsible qnnrter* . of a disposition to dictate prices. s There seems, on the contrary, to be a commonly beneficial purpose to realize | a stability that win giv- an orderly I and abundant flow of farm products , to the consumer and ensure reasonable and dependable returns to the pro- | dueer. In view of the snpreme importance to the national wetlrbelng of a proeI perous and contented agricultural pop1 ulatlon, we ahould be prepared to go - a long way In Assisting tbe farmera to ' get an equitable share of the wealth they produce, through tbe lnauguraI tlon of reforms that will procure a : continuous and Increasing stream of farm prod nets. They are far from getI ting a fair share now. Considering > his capital and the long hoars of labor ' pnt In by the average fanner and his family, he la remunerated less than ' any other occupational class, with the possible exception of teachers, rell- ■ glous and lay. Though we know that > the present general distress of the farmers Is exceptional and Is linked - with the Inevitable economic readjust- ' ment following the war. It must be remembered that, although represent1 Ing one-third of the Industrial product I and half the total population of the nation, the rural communities ordl1 narily enjoy but a fifth to a quarter of ■ • the net annual national gain. Notwithstanding the taste of prosperity that 1 the farmers had during the war. there Is today a lower, standard of living 1 among the cotton farmers of the South than In any other pursuit In the country. ' In conclusion, It seems to me that the farmers are chiefly striving for a generally beneficial Integration of their business, of tbe same kind and character that other business enjoys. If It should be found on examination "«!! the attainment of this end requires 1 methods different from those which 1 other activities have followed for the same purpose should we not sympathetically consider the plea for the right to co-operate. If only from our 1 own enlightened self Interest. In ob1 talnlng an abundant pnd steady flow of 1 farm products? 1 In examining the agricultural situation with a view to Its Improvement, we shall be most helpful if we maintain a detached and Judicial viewpoint, remembering that existing wrongs may be chiefly an accident of unsymmetrical economic growth Instead of a creation of malevolent design and conspiracy. We Americans a re. prone, as Professor David Friday well says in Ills ; admirable book. "Profits. Wages and Prices," to seek a "criminal Intent behind every difficult and undesirable economic situation." I can positively as- ' sort from my contact with men of large affairs, including hankers, that, as a whole, they are endeavoring to fulfill as they see them the obligations that go with their power. Preoccupied with the grave problems and heavy tasks of their own Immediate affairs, they have not turned their thoughtful . personal attention or their constructive aM1ltl$s to the deficiencies of agricultural business organization. Agriculture. It uftiy be said, suffers from their preoccupation and neglect rather than from any purposeful exploitation hy them. They onght now to begin to respond to the farmers' difficulties, which they must realize are their own. On the other hand, my contacts with the farmers have filled me V 1th respect for them— for their sanity, their patience, their balance. Within tbe last year, ond particularly at a meeting called by the Kansas State Board of Agriculture and at another tailed by the Committee of Seventeen. I have met many of tbe leaders of tbe newfarm movement, and I testify In all sincerity that they are endeavoring todeal with their problems, not as promoters of a narrow elasa Interest, not as exploiters of the hapless consumer, not as merciless monopolists, bnt ashonest ment bent on tbe Improvement of the common weal. We can and must meet such men and fneh a cause half way. Tbelr business Is our business— tbe nation's business. Moral Agitation. » "I understand you have been having a crime wave In Crimson Gulch." "It alu't that at all," protested Cactus Joe. "It's a great reform. The : lawbreakers all got sudden!® inj pressed with righteous lndignath - <mu started in shooting one another up indiscriminately." Funeral Arrangements. Teacher— What Is the presidential succession law, John? John — The presidential succession law provides that If both President and vice president die the cabinet members will follow In succession. — Boys' Life. Improving the Chance. "The Idea of your kissing the parlor maid, John." "Well, yon sent word that yon were not at home," — Louisville CourierJournal.