THE N. A. O. S. 



171 



on land as is the case with our Federal Farm Loan Act is land 

 credit and not cooperative credit. North Carolina is building up 

 a most promising program of success in the field of cooperative 

 credit, under the leadership of the State Market Director, Wm. 

 R. Camp (Fig. 32). The subject of credit is treated at length in 

 the next chapter. 



Economic Significance of Cooperation. While agricultural 

 cooperation in the United States is indeed small when compared 

 with Europe, yet it is growing greater day by day. But a very 

 small fraction of our total busi- 

 ness, measured in dollars and 

 cents, is carried on through co- 

 operative channels. But the 

 future is full of promise. The 

 states are one by one creating 

 State Market Bureaus, and these 

 Bureaus are under directors who 

 quite generally agree in promot- 

 ing sound cooperation, and put- 

 ting it in the hands of wise 

 leaders. And soon the three 

 thousand counties of the United 

 States will each have a county 

 agent who will also be a pro- 

 moter of real cooperation in agri- 

 culture, and finally the United 

 States Department of Agriculture 

 has the Bureau of Markets which 

 through its chief, its field agents 

 in marketing, its various experts, and its publications, is becom- 

 ing a tremendous influence in favor of cooperation among farmers. 

 Hence the future of cooperation in agriculture seems bright 

 with promise. 



The N. A. O. S. The National Agricultural Organization 

 Society aspires to do as much for American Agriculture as Sir 

 Horace Plunkett's Irish Agricultural Organization Society did for 

 Ireland. The one real clearing-house of ideas, principles and prac- 

 tices in cooperative and other forms of agricultural organization 

 is found in the conferences on marketing and farm credits held 

 by this society. The published volumes of the proceedings of 

 these conferences contain the principal papers read, but not the 

 full report of debates, discussions, and round table talks. This 



fill North Carolina Credit Union Movement. 



up, 

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