Book Description

Excerpt from The Need of New Blood in Southern Agriculture; The Pioneer Co-Operative Credit Associations in the United States; Co-Operation as a Training School in Business Methods: Addresses One of the most marked benefits resulting from these credit unions is the virtual stamping out of usury in the communities in which they exist. The farmer finding no difficulty in obtaining a moderate loan for productive purposes quickly and cheaply, no longer has to depend upon the generosity of the neighbors, the forbearance of the local storekeepers, or the cupidity of the usurer. However, not the least important is the moral and educational value of these credit unions. They teach their members busi ness methods and self-government. They imbue them with self reliance and self-respect. They endow them with a high sense of mutual responsibility, stimulate them to further efforts in the direction of co-operation and mutual self-help, and make them better farmers and better citizens. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.