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1. Lrotx
s,
7iTH YEAR:
CHERISTIANSTED.
V.l L 8 A,
MONDAY,
20:m
APRIL,
1925
THE
ST. CROIX AVIS.
is priunted and
published
daily (Sundays
and Holidays excepted) by G. Johansen
at
the Avis Office.
TERMS--
59 cents moxthly in oduance,
2 cents
per single
copy.
Entoredeas
seeond-class
mat'er
Moy
26th 1917 at the Post Office
at
Christian-
sted.
St. Croix, V.
1. of the U
S. A.,
wit-
der the Act of March 3,
1879.
A WORD ABOUT FARM CREDIT.
It
r.mains
to
be
demonstrated
il
¢
there is any considerable
number
of farn.-
ers of the class
able
to offer
security
for
credit
who have
uot been
getting it.
The
¢ >mplaint
of lack of eredit
facilities
has
been chiefly from
people
who
coull
not
offer a proper
basis for
accommodatiors
or who borrowed more
than
s
good
for
them, although in boom
times
the
banks
are sometimes
¢t fault
in
misplacing
so
much
credit that they do not have enough
to go around
where
it
is
deserved.
All
of this,
however,
does
not
prove
that
credit facilities are inadequate.
The first condition preccdent
to the use
of eredit is that
the
would-be
borrower
shall have demonstrated
that
he is
capa-
ble of using itladvantazeously.
The best
way
he
can
do
this
is
by
working for
wages,
saving
something
from his wages
and making
a smali start
with
the
capi-
tal thus scquired.
The man
who is
able
to make
a showing of this kind generally
is
able
to
command
a
proportionate
amount
of additional capital.
USE oF CREDIT OVERDUE.
There
is
a
tendency
t>
over estimale
what
might
be
done
1f a
great fund of
¢ edit
was
made
available.
Peopie
a
e
prone
to think of only a reservoir
of
cre-
dit could
be ‘tappes.
conditions
might
be
revolutionized.
They
imagine
that
all
farms
might be improved,
pr:ductton
in-
creased
living and
working
conditons
changed forthwith; but this is
not POSSL-
bIe.
Sueh changes
are gradual
and
evo-
lutionary.
FEven if the eredit
or
money
was
to be had,
the physical
labor
requir-
ed would have
to be spread
over
a
long
t:me.
The
real
improvement
of cond:i-
tions
is accomplishzd
by
the
labor that
can be spared
for that purpose
over
and
above that required
to make
a living.
The
amount
of capital
that
is avail-
al}}e
for borrowing
1S limited, and exag-
gerated
by
the
various
schemes that are
—alyays being
advanced
for foating bond
issues.
It
must
be
saved
by
somebody,
No. 98.
-
CHRISTIANSTED
THEATRE
TARIIRIO
8.15.
THIS EV:NING
8.15.
“Claire Adams”
~
:
IN
& { HE KILLEF{”
fHE KILLER IS A THRILLER.
The
Emery-Hoper
ranch was
located
in Arizona
on the
Mexican
border.
Its
man-
ager
was Herry Hoper, who killed frogs,
birds.
children,
men
and
women
as easily
as
he played the piano or talked intelligently of art and
literature.
In
a memorandum
beok he listed
the People
he
would “‘remove’,
and
when
they
were
killed. always
in such
away
that
no guilt reflected
on him,
he
crossed
off their
names
and placed
a date opposite.
Into
his
net
of death
fell a beautiful girl and her
little brother,
and
a young
New
Yorker who dared
to attempt
to rescue
her
from her seemingly
hoveless
position
As a novel,*‘The Killer’”attracted
mich
comment
and interest
bacause
of the power
of the story, the unique and daring centra:
“2ure, and
the verility of the plot.
Arnd all the
attention
it attracted
as
a
book
has
been
(ransferred
two fold to
its
screen
version,
which offers a melodrama
probably
never
before
equalled
on the
shadow
screen.
LOOK OUT FOR
“THE KILLER"
THURSDAY:
(11
ee
DOLORES CASSINELLE]R
|
IN
iU
l
@
ADMISSION
R
T R
- hEOe,
L0
BOEPNce ....
..
...
vc
o
cisr
sa i
iis
diars
Le
Children
15e.
and
10c.
and if more
emphasis
wis
laid
upon
saving
and less
upon boriowng progress
would be more rapid.
‘he
use
of credit
within
reasonable
limits
is
good:
it en-
ables
persons
who
have
capital
and who
by reason
of advar.cing
years,
want
of
experience
or lack
of inclination
are
un-
able to
use it, to place
it at the
command
of other persons
who desire and
have the
opportunity
to
use
it
The
transfer
under
such
conditions
increases
pro-
duetion,
but
the m: nufacture,
of credit
on
a
great
scale
does
not
increase
the
supply of
labour or
increase
production.
There
is
no
doubt
that
the amount of
credit
commonly
in
use
is
far
beyond
the
uneeds
of industry and
that
the
pro-
duecticn
of
the
country
might
be
fuily
as
great
os- it
is
with
a
very
much
m aller employment
of credit.
EviL FFricTs
oF EXCESSIVE
'NDEBT-
EDNESS.
This
excessive
use
of
credit tends
to
make
the buiness
situation
more
sens'-
tive and
uncertain.
It
makes
the
flue-
tuatiors
of prices
ani employment
more
violeni.
It is mainiy responsible
for our
great
swings
between
prosperity
and
depression.
I
@
prrson
owns
a
given
property
without
indeditedness
he isina
more
secure position
than she owns twice
as much property orly one ha f paid for,
and if in his eayerness
for
b g profits
he
gets
to be the owner offour tones
as
much
property
but
in
de*t
75
per
cent of ibs
vlue, his pusirion
is precarioas.
When
such
over-reaching
becomes
general,
the
situition
is critical,
and
ripe for
a col-
liipse.
(To e
concluded
)