41/43 But, then, there are the crops; he can get money on the coming crops. There is, too, the live stock money can be borrowed on the stock. The increase of our flocks and herds is, of course, a patriotic cry (and founded on fact); but the secret pinch is this--if foot-and-mouth, pleuro-pneumonia, or rinderpest threaten the stock, the tenant-farmer cannot borrow on that security. The local bankers shake their heads--three cases of rinderpest are equivalent to a reduction of 25 per cent. in the borrowing power of the agriculturist. |