Word: barham
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Dates: during 1920-1929
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...function. Banks are already overloaded with farm "paper" that has become worthless; even the most liberal system of lending money considers some security essential and the farmers have no security to offer. Mr. Craig (quoted above) said that the farm credit corporations were "absolutely worthless." Mr. J. M. Barham, bank president at Avoyelles, La., said: "The banks would like to help but they cannot for they are already drained to the limit. They are all loaded down with farm paper. ... It is a fearful predicament for these unhappy people. . . . Unless something is done they will be face to face with...
When Winter Comes. But an even more disturbing question arises when the flood victims wonder what will happen to them when the Red Cross funds run out and winter comes down on the impoverished country. Said Mr. Barham: (above mentioned) : "I think it is the duty of the Government to do something. . . . Don't you think it rather childish, to put it mildly, to expect the Red Cross with $15,000,000 to handle the whole problem, the damage bill alone of which will exceed $500,000,000? ... I don't know whether Mr. Coolidge is interested...
...Barham...