THE BATTALION
PAGE 4
TUESDAY AFTERNOON, JUNE 27, 1944
—EXTENSION—
(Continued from page 1)
greater contribution to citizenship
can you make than teaching peo
ple the stewardship of life?” he
asked; “teaching people to think
for themselves and not being per
suaded by speeches.”
Outlining briefly the reason for
calling the conference—the first
one in two years—Acting Director
Prewit said there had been a turn
over of 70 per cent in Extension
personnel since Pearl Harbor. Ac
cordingly the program was design
ed to refresh county Extension
agents upon basic Extension work
and clarify any problems in the
emergency wartime programs.
Miss Maurine Hearn, vice direc
tor and state home demonstration
agent, and Miss Hazel Phipps, as
sistant state home demonstration
agent, were introduced and spoke
briefly. Miss Hearn expressed ap
preciation for good wishes from
Extension workers, and pledged
herself to administer the duties
of her office “fairly and to the
best of my ability. We have a job
to do, and we will do it.”
Miss Mena Hogan of Washing
ton, field agent for the southern
states of the Federal Extension
Service, who will participate in the
demonstrations of the women’s di
vision, was introduced from the
platform. The morning joint ses
sion concluded with a discussion
on post war planning led by E.
C. Martin, acting vice director and
state agent, and a talk on farm
labor by Caesar Hohn, state farm
labor supervisor.
Beginning at 1:M) p.m. Monday,
the men agents will hold group
demonstrations on livestock and
poultry, and the women on horti
culture and dairying.
Wives of county agricultural
agents present will be the guests
of the Women’s Extension Club
at the home of Mrs. R. E. Callen
der at 7 p.m., and members of the
men and women county agents as
sociations will hold a joint meet
ing at dinner at the mess hall at
the same hour.
Wednesday Morning, June 28
8:30-12:30 — Poultry—Districts
4, 5, 8, 9, 11 ,12. Animal Industries
Lesture Room. Presiding: Ruth
Thompson. Time Keeper: Thelma
Casey. 1 Broad breasted turkeys—
5. A. Moore, W. A. Boney, Ted
Martin. Blood Tests—W. A. Boney.
2. Egg Grading—S. A. Moore.
20 Minute Recess.
Presiding: Thelma Casey. Time
LOUPOT’S
Trade With Lou —•
He’s Right With You!
VICTORY
BUY
UNITED
STATES
WAR
BONDS
AND
STAMPS
Mercantilism As
Basic Established
Order is Explained
By Dr. F. B. Clark
(Continued)
5. Promotion of foreign trade.
“If a mercantilist had undertaken
to expound the relative importance
of the different industries of a
nation, as later economists did,
he would have put foreign com
merce at the head of the list and
agriculture at the bottom. As a
reason he would have explained
the relation between foreign com
merce and naval power. Of course
this statement does not mean that
mercantilists considered agriculture
unimportant, but simply that they
did not consider it as contributing
so directly to the strength and
greatness of nations as does for
eign Commerce. In their scheme
manufacturing industry occupied
a middle place, being more closely
connected with the supreme na
tional interest than agriculture but
less so than foreign commerce, to
which, however, it was a necessary
Keeper: Zetha Mclnnis. 3. State
and National Poultry Improvement
Plan. 4. Poultry Sanitation—W. A.
Boney. General Poultry Manage
ment—Ted Martin.
8:30-12:00—Publicity and Re
ports—Districts 1, 2, 3, 6, 7, 10.
Meeting in YMCA Chapel. Presid
ing: Bennie Campbell. Time Keep
er: Dora R. Barnes.
8:30-10:20—C. A. Price, C. W.
Jackson, Beulah Blackwell in
charge. 4-H Club Demonstrations
that can be given in 10 minutes.
Cottage Cheese in the Meal—Hazel
Phipps. Home Management—Lou
ise Bryant. Home Improvement—
Bernice Claytor.
Reporter schools that forward
the Extension teaching program.
Correlation of narrative reports,
radio broadcasts, newspaper sto
ries, club reporters work with the
Extension program of the county.
10:20-10:30—Round Table.
10:30-10:50—Recess. Presiding:
Sadie Hatfield. Time Keeper, Ben
nie Campbell.
10:50-11:30—Analysis and Man
agement of Work—E. L. Williams.
11:30-11:50—Control of Household
Pests—H. G. Johnston.
11:50-12:00—Round Table. .
12:00-1:30—Noon.
Wednesday Afternoon, June 28
General assembly—Guion Hall—
J. D. Prewit, Chairman.
1:30-4:00—Gibb Gilchrist, D. L.
Weddington, J. D. Prewit.
Adjourn.
Committees
General Committee—W. I. Glass,
chairman.
Men’s Program Committee—
W. I. Glass, Chairman, W. N. Wil
liamson, Ted Martin, H. G. John
ston, L. L. Johnson, C. R. Heaton,
G. W. Barnes, Walter Grist, R. O.
Dunkle, A. B. Emmons, J. M. Glov
er, Jr., G. L. Hart, Joe Hall.
Women’s Program Committee—
Isla Mae Chapman, Chairman; Sa
die Hatfield, Jennie Camp, Bennie
Campbell, Lucille Shultz, Georgia
Mae Evans, Virginia Ryan, Cora
Kirkman, Sybil Guthrie, Nellie
Cundiff.
General Arrangements — Knox
Parr.
Housing for men—J. A. Scofield.
Housing for women—Doris Leg-
gitt.
ally and deserving, therefore, of
the fostering care of the govern
ment.”
6. Exaggereated importance at
tached to gold and silver. “Regard
ing the precious metals, the theory
implied (and in this case held) was
that they constituted the most im
portant category of national
wealth. The reasoning here would
have turned on their relation to
the national economy as an inter
nal medium of exchange. With them
in possession in sufficient abund
ance the state could easily satisfy
all its wants because they were
universally exchangeable. This
could not be said of any other
category of wealth.”
We have here allusion to the
most representative mercantilistic
concept—the identification of the
concept of wealth with the avail
able supply of gold and silver.
Since mercantilism amounts to
nothing more than the adaptation
of the business point of view of
the merchant to governmental pol
icy there is nothing strange about
the mercantilistic conception of
wealth. The whole thing resolves
itself into what the business man
has in mind when he speaks of
“making money.” The process of
making money in business means
simply getting hold of more and
more hard cash. The mercantilists
consider the same thing applica
ble to the affairs of states.
7. The assurance of a “favor
able” balance of trade. “The bal-
ance-of-trade theory was a natural
consequence. If the precious met
als are of supreme importance, a
nation should strive to accumulate
them, and since you cannot have
too much of a good thing—in as
large quantities as possible. If
mines are not avalable, and they
were not in the cases of the lead
ing nations of Europe at the time,
Spain alone excepted, foreign trade
must bring them in, and to ensure
that, a favorable balance of trade
must be maintained.”
In the balance of trade concept
of the mercantilists we have,
therefore, nothing more than the
assumption on the part of the mer
chant that claims against one’s
customers in excess of the claims
of creditors against the merchant,
while not quite as good as the cash
itself,are the next thing to it, and
the sources from which the cash
is derived.
8. Vigorous sponsorship of pro
tective tariffs. “ the supreme
importance of a favorable balance
of trade and the necessity of high
duties on certain products as a
means of lowering the debit side
of the international balance sheet
(is the mercantilistic conception of
protectionism). The influence of
duties in encouraging the manu
facture of certain goods was
considered, but only to the end
that such goods might be exported
and thus help to swell the credit
side of the balance sheet.”
Although endorsed, in some re
spects from a different point of.,
view, it would be hard to show
that any argument advanced today
in support of a protective tariff
does not resolve itself into an en
dorsement of mercantilism.
A few other points could be
mentioned as characteristics of a
soicety organized according to a
mercantilistic setup. The ones here*
enumerated,, however, are enougfy
to enable one to identify as such
mercantilistic tendencies in an or«
der established in another way,"'*
and, if you please, a movement
away from or into mercantilism.
It can be seen from the above
that under mercantilism there is
no denial of the right of private
property. If anything the right of
private property is in some re
spects exaggerated. There is no'
question that under a mercantilis
tic arrangement there exists the
right to both real and personal
property. The significance given^
to money is cooroborative of this
fact. The opportunities to secure
title to property were, to be sure,
much more narrowly limited, so^
far as it relates to the ordinary
man between mercantilism and the
order seemingly destined to sup
plant it, is to be found in the way- 1
one goes about the choice of his
business or calling. Those persons
already established in business, in
cohoots with the government, make*
(Continued On Page 8)
LOUPOT’S
A Little Place . . .
... A Big Saving!
Heij You, Aggies™
If you paid your Student Activity Fees and didn’t
get your Batt card—do so at once! Take your yellow
receipt to the Student Activities office, Room 3, Ad
ministration building and get your card issued.
Beginning Thursday, the Batts will be distributed
by circulation lists only and unless you are signed up
and on the list, you’ll not get your Batt.
C’m on gang, let’s get head-out and get this matter
of Batts cards cleared up right now, so you wont’ miss
a single issue.
It’s simple—just take your yellow recepit to the
Student Activities office in the Ad building and get your
blank Batt card.
THE BATTALION