The Philippine problem 1898-1913 . hen, in 1909, to fifty-six; in 1910, tosixty-five; and as already stated, to eighty by1912. Then there has been established an Agri-cultural Bank, under the auspices of the gov-ernment of the Islands, thus following thepolicy of other colonial nations in providing abank whose operation is confined by law tofarm loans. The farmer with a crop to movemay now borrow capital to effect that opera-tion at an ordinary commercial rate, instead ofpaying from twenty to one hundred per cent,as was the common occurrence before thisinstitution was founded. Individual Ameri
The Philippine problem 1898-1913 . hen, in 1909, to fifty-six; in 1910, tosixty-five; and as already stated, to eighty by1912. Then there has been established an Agri-cultural Bank, under the auspices of the gov-ernment of the Islands, thus following thepolicy of other colonial nations in providing abank whose operation is confined by law tofarm loans. The farmer with a crop to movemay now borrow capital to effect that opera-tion at an ordinary commercial rate, instead ofpaying from twenty to one hundred per cent,as was the common occurrence before thisinstitution was founded. Individual Americans are now to be foundin some prosperous pursuit, usually with theirfamilies, in nearly all of the provinces. Fromthem radiates a steady influence of examplethat gradually changes the ways of the nativesin the immediate vicinity to those of this highercivilization. As a rule, these pioneers are youngmen, former governmental employees, oftenex-soldiers, who first learned in Manila businessexperience the ways by which money may be. The Old, Natives Threshing Rice with their Feet. Bulacan Province.
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Keywords: ., bookcentury1900, bookdecade1910, bookpublisherbosto, bookyear1913
