®l)c Commonrucaltl) of ilTa00acl)U0ctt0. 



STATE BOAED OF AGRICULTURE. 



CIRCULAR No. 23. 



June, 1914. 



Rural Credit, Banking and 

 Agricultural Co-opera- 

 tion IN Europe. 



By J. Lewis Ellsworth. 



From the Sixty-first Annual Report of the Massachusetts State 



Board of Agriculture. 



BOSTON: 



WEIGHT & potter PRINTING CO., STATE PRINTERS, 



32 DERNE STREET. 



1914. 



