them in a business that is now overcrowded, and in which 

 neither fair wages nor overhead expenses are being made, 

 when there are so many occupations making such great 

 profits as enumerated above? It is not fair to the soldiers, 

 nor to the farmers, nor to the consumers. 



All officials of all farmers' organizations should concen- 

 trate their united influence on Congress at once to induce it 

 to build or commandeer factories and put the soldiers to 

 making all those articles needed by the farmers in order to 

 squeeze the excess profits out of them and force their price 

 down. Have them financed free by the government, paid 

 skilled union wages and sell their products at cost to the 

 farmers and general public. That would suit the soldiers 

 much better than to place them on land where nothing but 

 privation and destitution and pauperism will be their final 

 experience. 



Industrial and Financial Panic Coming. 



As sure as like causes produce like effects there is coming 

 a financial and industrial panic within a decade in the United 

 States unless averted by the farmers unionizing to ward it 

 off. This will be caused, as were previous ones, by over- 

 production of farm products through opening up vast areas 

 of cheap land for homesteads. 



From 1870 to 1900 railroads were built through the five 

 great agricultural States of the two Dakotas, Nebraska, 

 Kansas and Oklahoma and many millions of acres of free 

 government land and cheap railroad land were brought under 

 cultivation at little cost. These States flooded the markets 

 with farm products until prices went below transportation 

 to market at times. The result was that nearly all values 

 were taken out of farms and farm products all over the 

 United States. This resulted in farmers everywhere ceas- 

 ing to buy any manufactured products because they were 

 out of money and could get none for their products above 



