"the Way Out of the Rut," European Cooperative Rural Credit Systems. Correspondence And Comments On the European Cooperative Credit Systems. Their Adaptation to the Needs of the American Farmer

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WHY FARMERS SHOULD BE ON THE SELECT COM- MITTEE.
[Letter to Senator Duncan IT. Fletcher, President of the Souttiem Commercial Congress.] I have your valued letter of August 14 wherein you say : Inclosed herewith are some remarlis which I had occasion to make to-day in the Senate, and I would be glad to have your criticism on them.
I have carefully gone over this presentation, as contained in the Congressional Record of August 14, and it seems to me to give a con- cise and conservative outline o
...f the European co-operative credit systems.
EUBOPEAN COOPEEATIVE BUBAL CBEDIT SYSTEM. 13 On page 1, second column, of your remarks you give a list of repre- sentatives who have been in Europe this summer, commissioned by the American banking interests to make a preliminary investigation of these systems. I note that at your request, this committee is also to report the results of its investigations to your association prior to the departure of the Select Committee for Europe.
While this preliminary committee was in Paris I received an in- vitation to meet it there.


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