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Full resolution (TIFF) - On this page / på denna sida - Footnotes - Chapter 12 - Chapter 13
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1254 An American Dilemma
dent new federal agencies give more specialized types of agricultural credit, such as the
Farm Security Administration, which will be discussed subsequently, the Commodity
Credit Corporation, which is part of the previously mentioned “Ever-Normal Granary
Plan” system, and the Rural Electrification Administration.
Even this incomplete list is impressive enough. Possibly it may reflect a certain over-
lapping between various oflices, but in the main it indicates a real effort to solve the
problem of agricultural credit in its various phases.
U.S. Department of Agriculture, Agricultural Statistics: 1^40, p. 599.
The total amount of such credit held by the various F.C.A. agencies and by the
Commodity Credit Corporation on January 1, 1940, was not much more than half of
that held by one single group of private institutions, the insured commercial banks; it
was about the same in the South.® Woofter’s study of 646 plantations in 1934 shows that
a little more than one-fourth of the short-term credit came from government institu-
tions.** The follow-up study of 246 plantations showed that less than half of them used
any short-term credit at all in 1937; among those who did, over two-thirds used private
sources of credit, usually banks, but in a few cases used supply merchants and fertilizer
companies. The government institutions, however, had become more important at the
expense of the private organizations. They were used somewhat less infrequently than in
1934, and they granted higher average amounts of credit.^
Ibid.y p. 25.
Woofter. Landlord and Tenant^ p. 55.
Schmidt, of, cit,y p. 280.
See, for instance, Tha Tenant Farmer (February 15, 1942)*
Sterner and Associates, of, cit,y p. 305.
Information from field offices in Mississippi, January, 1940. See also Sterner and
Associates, of, cit,, p. 297.
Schmidt, of, cit,y p. 238.
Monthly Refort of the Federal Emergency Relief Administrationy May i, through
3 h i 934y P- 6.
Refort of the Administrator of the Farm Security Administrationy rp4 r, pp. 28-29.
Sterner and Associates, of, cit,y pp. 300-30 1,
Ibid.y pp. 300 and 305.
^^lbid,y pp. 301, 302, 304, and 308-309.
82
7^/4?, Table 125, p. 306.
88 Refort of the Administrator of the Farm Security Administrationy 1941, p. 10.
8^ Schmidt, of, cit,y p. 233.
Chapter 13. Seeking Jobs Outside Agriculture
^
"Whether upon the plantation or in towns, whether in the cruder trades or the
artistic crafts, the Negroes played an important role. We find them on the rice or the
tobacco plantations, serving their masters as carpenters, coopers, blacksmiths, sawyers,
“U. S. Department of Agriculture, Agricultural Statistif<: ig4o, pp. 619, 620, 632, and
633.
**
Weefter, Landlord and Tenant, p. 212.
* Holley, Winston, and Woofter, of, cit,^ p. 25.
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