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The Princeton union. (Princeton, Minn.) 1876-1976, January 05, 1922, Image 2

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I
ISM,
DEFENDS FARM
BLOC 1NC0HCRESS
President James R. Howard Addresses
Members of Farm Bureau Fed-
eration in St. Paul.
AN ASSET NOT A MENACE
Agricultural Bloc Organized Not in
Interests of Any One Class
but of All Citizens.
St. Paul, Jan. 5.The agricultural
bloc in congress is working for the
best interests of all citizens, without
selfish motives or secret dealings, Jas.
R. Howard, president of the American
Farm Bureau federation, said in his
address at the opening session of the
Minnesota Farm Bureau federation's
third annual convention here. For the
first time, Mr. Howard disclosed that
the agricultural bloc was organized in
the Washington office of the farm bu
reau federation, in an effort to force
the passage of constructive legislation
"to save not only the farmer but
theby
industries of the whole nation."
Mr. Howard's address was devoted
to a vigorous defense of the agricul
tural bloc. Insisting that the bloc is
"not a menace, but a national asset,"
he said that there have been "blocs
galore" in congress, but that the farm
bloc is the only one ever organized
"without selfish motives and in the in
terest of all citizens." The American
Farm Bureau federation deplores con
ditions that make bloc legislation
necessary, he said. No organization,
he said, has been more pronounced in
its opposition to class legislation or
the development of class conscious
ness. The federation "never has adhas
vocated and never will advocate any
policy that is not for the well being
of all Americans," he declared.
With Mr. Howard on the program of
the first day of the convention were
Congressman Sydney Anderson, chair
man of the joint congressional com
mission investigating agricultural con
ditions Mrs. Ellsworth Richardson,
an Iowa farmer's wife Governor J. A.
O. Preus and W. C. Coffey, dean of
the college of agriculture. The first
day's sessions were at University
farm, where the day was set aside as
"Minnesota Farm Bureau Federation
Day" of Farmers' and Home Makers'
week. Sessions during the remaining
two days of the meeting were sched
uled for the state capitol.
"Present banking machinery is not
adapted to the farmer's require
ments," Congressman Anderson told
the farm bureau delegates, summariz
ing the findings of the congressional
commission. "The fundamental re
quirement of agricultural credit is that
the note or obligation must be of such
maturity that when it becomes due it
can be paid not by making another
note, but out of the proceeds of the
farm. That requires a longer period
of maturity than the six months which
is now allowed in the case of paper
discounted with the federal reserve
bank. We must find some means to
make it possible for the farmer to get
a production credit of a sufficient
length of maturity that he can pay the
note when it becomes due out of the
proceeds of the farm. That means
paper running from six months to per
haps three years. The principal rea
son which prevents bankers from tak
ing paper of such maturity now is that
there is no way by which the banker
"can get the money on the paper if it
becomes necessary for him to get it
before the paper becomes due. So
long as the banker finds it impossible
to get money on the paper before ma
turity, if he needs it, he is goine: to be
unwilling to make loans for that
length of time. To meet this situation
it is necessary to provide a facility
through which this pap^r of longer
maturity can be discounted so that the
banker ODn raise the necessary cash if
he needs il There a~o three ways by
{which that \n be don? One is to
create in the federal land banks a
farm credit department. Another is
to create an entirely new agency, and
another way is to modify the War
Finance corporation in such a way as
to enable it to do that sort of busi
ness. My judgment about it is that
the fairest plan is to create in the
federal land banks a farm credits
department having authority to dis
count for banksstate and national,
incorporated livestock associations, all
banking institutionspaper of this
character. This paper could be made
the basis of an issue of short-time de
bentures, just as farm mortgages are
now made the basis of farm loan bonds
under the present farm loan system.
What I think we need, so far as this
longer-time credit is concerned, is
nothing more nor less than a reserve
bank through which this paper can be
discounted and through which the far
mer can reach the investment pool of
the country."
As Guaranteed.
Mr. Henry CarrYou guaranteed
that the engine of this used car would
revolop sixty horsepower. Look it
over.
The DealerThe sixty horsepower
is all there, only they appear to be
pulling in opposite directions.
She Was Not Positive.
The Theosophist"Does your hus
band believe that his soul leaves his
body while he sleeps?"
The Materialist"I am not certain,
but he's got a suspicion that his money
leaves his pockets."The Belletin,
Sydney.
tilt **?/"fiM JM A
Senate Authorizes Probe Action. Fol
lows National Demand Suggest
ed by Grain Growers.
St. Paul, Jan. 5.Passage by the
United States senate of a resolution
authorizing a federal investigation of
the export grain trade is the direct
result of thousands of letters and tele
grams sent to Washington by grain
producers, at the suggestion of C. H.
Gustafson, according to northwest
headquarters of the United States
Grain Growers, Inc. Mr. Gustafson,
Grain Growers* president, three weeks
ago launched a national campaign to
obtain early action on this resolution,
charging that present "ruinous prices"
were due to a "smashing" process,
despite an export demand that in 1921
absorbed 90,000,000 bushels of wheat
more than in 1920.
In Minnesota, presidents of county
farm bureaus responded vigorously
to Mr. Gustafson's appeal.
The resolution authorizes the federal
trade commission to inquire into the
margin between farm and export
prices of market manipulation, profits
and losses of grain export firms, and
methods used by foreign buyers. The
resolution was introduced last summer
Senator E. F. Ladd, and was
pigeon-holed" in committee until the
United States Grain Growers launched
a nationwide campaign for its pas
sage.
Work of County Agents.
A total of 1,001,090 persons were
served in various ways during 1921
by county agents and other farm bu
reau and agricultural extension ser
vice workers of the University of Min
nesota, according to the annual report
of Frank E. Balmer, University farm,
state county agent leader.
Membership in county farm bureaus
grown as follows: 26,136 in 1918,
30,156 in 1919, 46,299 in 1920, 48,909
in 1921. Of 78 counties 55 have adopt
ed the continuous $5 a year family
membership plan.
Important service was rendered in
supplying improved seed to farmers.
Improved seed corn was secured by
729 co-operating farmers in 44 coun
ties, amounting to 12,701 bushels, im
proved seed wheat by 697 farmers, in
volving 20,934 bushels in 43 counties
improved seed oats by 219 farmers, in
volving 5,498 bushels in 25 counties,
and improved seed potatoes by 1,315who
farmers, involving 33,875 bushels in
40 counties.
Although the cost of the county
agricultural agent service, as jointly
maintained by the United States de
partment of agriculture, state exten
sion service, county commissioners and
county farm bureaus for the year end
ing June 30,1921, was $362,619.47, the
profits which resulted from demonstra
tion work only of the county agents
for the year ending November 30,
1921, amounted to $581,231.33, a little
more than one and one-half times the
annual cost of the agents' work.
Good Year Ahead for Farmers.
Washington, Jan. 4.Farmers
the nation can enter the new year "m
a spirit of hopefulness and good
cheer," Secretary of Agriculture Hen
ry C. Wallace said today in a state
ment setting forth whrt he considers
the bright side of the agricultural out
look. But in his message of optimism
the secretary warned that "boom
times" are not in prospect for the far
mer in the near future. With the far
mer's situation improved those who
deal with him will find times better,
Here are Mr. Wallace's hopeful signs'.
Credit conditions pre better both
through regular channels and through
the special agencies created to m^et
the farmers' needs. Interest' rates
also are softening.
Reductions already made in fi eight
rates on farm products lighten by
that much the transportation burden
which the farmer has been carrying.
Cost of producing farm crops v/ill be
lower relatively in 1922 than in 1321.
Very likely there will be a reduction
in the acreage of some of the grains
of which v/e now have such a large
surplus, and this should tend toward
better prices.
The paralyzing effect of the sudden
drop in prices last year is wearing off
and farmers enter the new year more
hopefully, believing that the worst is
over.
Congress has indicated a willingness
to enact such legislation as promises
to be helpful.
"Farmers are coming to see more
clearly that the task of putting farm
ing on a sound business bosis is really
up to them and that through orga
nization they c?n reduce marketing
costs," Secretary Wallace said. "In
this they will have increasing help
from the department of agriculture
and the various state agricultural col
leges which now see better than before
that they must give the farmer the
same sort of help in the marketing of
his crops that they have been giving
him in the production.
"In the industrial and financial cen
ters there is coming to be a better un
derstanding of the important part the
farmer plays in our general economic
scheme, and consequently a decidedly
more intelligent and sympathetic atti
tude toward him and his problems.
"With prices of farm products fall
ing and the future very uncertain,
even those farmers who had money
laid byand there area large number
of suchhave been restricting their
buying to what they had to have.
Now, with the growing belief that
prices have hit bottom, buying will be
resumed and should increase in vol
ume, and manufacturers and retailers
who make or sell things that farmers
need or want should have better busi-
of
nesa this coming year.
"Everything considered, therefore,
we can enter the new year in a spirit
of hopefulness and good cheer. I
see nothing which indicates boom
times for the farmer in the near fu
ture, but there does seem to be prom
ise of better times both for the far
mer and for those whose business is
largely dependent on him."
Bulletin on Farm Leases.
So many farms are operated by ten
ant farmers that various differences
and problems concerning rentals are
bound to develop. W. L. Cavert, farm
management specialist with the uni
versity's agricultural extension divi
sion has prepared a special bulletin
(No. 51) entitled "Farm Lease Con
tracts," which may be had on applica
tion to the office of publication, Uni
versity farm, St. Paul. Mr. Cavert
gives advice concerning the selection
of a farm by a tenant, the selection of
a tenant by a landlord, and keeping
up the productivity of the farm, in ad
dition to explaining different kinds of
leases. If called on, county agents
and the university's specialists will,
so far as their tenants permit, offer
suggestions to tenants or landlord in
solving rental problems and perplexi
ties.
Some Disgusting Americans.
If the American people want right
to prevail in international relation
ships they must do away with that
petty and provincial viewpoint which
antagonizes the achievement of such
an objective. During the last week
forty-four citizens of this country
have taken it upon themselves to dis
tribute a message to the people of
India in the form of a poster. In that
they are clearly within their rights
and there is nothing very harmful.
But when these same forty-four
citizens give out a message to India
pledging American support of the na
tionalist campaign to overthrow Brit
ish rule they are out of order and are
acting contrary and injurious to the
American government.
Not only that. They are even false
to the people they propose to benefit.
Forty-four citizens would have the ig
norant Indians believe that the Ameri
can government is officially behind
their actions.
Nothing is further from the truth.
The American people, at least those
are in their senses, are not for
meddling in India affairs. If Senator
G. W. Norris of Nebraska, Mayor
Hoan of Milweukee and other political
trimmers of that type, want to pledge
their personal support to the India
mutiny well and good. But for these
same men to pledge the support of all
America to their scheme reveals that
either their prejudice will not let their
common sense prevail or else they are
mentally irresponsible.
If we remember rightly, America is
at this very moment confronted with
native self government problems in
Porto Rico, Haiti and the Philippines
that sound very similar in India. If
forty-four Americans are going out to
save the world and usurp the duties
that rightfully belong to the secretary
of state and to the government it
would seem to be wise that the saving
should begin with America, that our
colonies should be made satisfied with
government before we save the British
colonies.
Now that the forty-four have made
the Indian believe something that isn't
true, it will be interesting to see how
many of them go to India, where "their
hearts lie," and actually do something
besides pledge away other people's
rights.Minneapolis Journal.
A Near Tragedy.
JackDid you hear about that ter
rible accident at the ball last night
JillNo, what was it?
ONAMIA
The young people are enjoying some
good skating on the river.
Miss Alda Gravel is spending her
Christmas vacation with her parents
here.
Miss Ethel McQuaig was an Onamia
visitor one day last week.
Jas. F. Warren went to Elk River
Saturday morning.
Miss Rena Jackson is spending a few
^he coal for thinkers
SILVEPASH
Best for the money
Ask your Dealer
For Sale by
Whitney Coal Company
$5 Portrait Free
In order to be doing something
during these dull times, we will make
you a 14x20 oval convex $5.00 portrait
FREE. We want you to show it to
your friends and advertise our work.
All we ask of yousend us 95c to pay
for postage and boxing and v/e will
send the portrait prepaid, free. Mail
your photos, with 95c. Give us a trial.
No frame catchbuy your frame
where you please. We copy anything
and everything. Money back if not
pleased.
PALM ART CO.,
Hastings, Neb.
THE PRINCETON UNION: THURSDAY, JANUARY 5,1922r
days in Minneapolis.
Chas. Gish went to the cities on
business Thursday.
Miss Leona Fridley, who is teach
ing school in Kimball, is spending her
vacation with her parents here.
Mrs. Chas. Goldsmith and daugh
ter, Alice, of Wishek, N. D., spent a
few hours in town Saturday.
Miss Bethel Warren has gone to
Minneapolis for a week's visit with
her cousin, Miss Annie Warren.
W. F. Benzie has gone to Watson
ville, Cal., for a month's visit with his
wife and children, who are spending
the winter there.
Rev. Roper returned home Monday
after spending a week in the northern
part of the state.
Miss Dorothy Orton, who is attend
ing high school at Lake City, spent
Monday at the Jas. F. Warren home.
She will spend her vacation with her
parents at Vineland.
THREE CORNERS
Mr. and Mrs. Glenn Archer and fam
ily spent Sunday with Mr. and Mrs.tin
John Hager.
Mr. and Mrs. Nelson King and fam
ily spent Sunday at Walter Went
worth's.
Mr. and Mrs. Pete Mattson returned
home from St. Paul Tuesday evening.
Ed. Johnson from St. Paul is visit-
yd^fdti^^i
We Sell at Right Prices
Lumber, Lath,
___Posts, Shingles,
Sash, Doors, Etc.
Wood and Coal.
Cement, Lime,
Plaster, Roofing,
Building Tile,
Brick, Etc., Etc,
RUDD LUMBER CO
J. V.fMORGAN, Manager Princeton, Minn.
The Leader Meat Market
Cash and Carry Plan
Price, Quality and Service
See our big stock.
Call and see our big reduction
in Meat Prices
Highest market prices paid for
Veal, Cream,
Chickens, Eggs
and Produce
Bring in your hides and have them made into
robes, overcoats and leather.
CALVIN OLSON
Princeton, Minn.
We Are
Equipped
To do repairing on all makes of cars.
First-class workmen and satisfaction
guaranteed.
Vulcanizing and tire repairing.
Prices reasonable.
ing at Pete Mattson's.
Mrs. L. Rust spent Tuesday evening
at Westlund's.
Mrs. E. Schaeffer returned home
from M. Wicklund's Sunday.
We wonder where Fred Steeves and
family have moved*. They were living
on A. Steeves' place.
The Swedish Lutheran church had
its Christmas program Tuesday even
ing. Quite a number of folks around
here attended. The program was ex
cellent.
Mr. and Mrs. Gust Haglund spent
Sunday at M. Ax's.
Mr. and Mrs. Gust Dahline and son
an
North Side Auto Co.
PRESCOTT & JONES, Props.
Also Agents for Firestone Tires
1
Mr. and Mrs. E. Siffings spent
Saturday evening at John Haglund's.
Miss Caroline Mattson and a nephew
of Mr. and Mrs. Pete Mattson came
home to spend New Year's with Mr.
and Mrs. Pete Mattson.
Mr. and Mrs. Elmer Thompson and
Mr. and Mrs. E. Schaeffer spent Sun
day at O. Hamilton's.
Mrs. E. Kroohn was visiting at Mar
Wicklund's Sunday evening with
Mr. and Mrs. E. Thompson.
Mr. and Mrs. E. Schaeffer, Laura
Welin, Mrs. Orin Hamilton and Oscar
Crist attended the Congregational
church in Princeton Sunday evening.
We were sorry to hear of Mr. Gott
werth's death.
We
Woul Pleased
To
Have You Drop In
When in need of
anything in the
Building
Line
We can supply
everything needed.
Remember
Our sole object! to
keep the^fact before you,
expecting that when in
need of anything in our
line, you will give us a
call. &
CSS**
iiirti*te^itebaMaiiM^^
SH^TX
On The Farm
O In Town
This Bank endeavors to be un
usually helpful to the farmer.
It is our suggestion that on
the frequent trips to town you
come in to visit us. We highly
value our business relationship
with the farmers of this vicinity.
Make use of our banking facili
ties and business counsel to solve
your problems.
THE PRINCETON
STA TE BANK
5% Interest Paid on Certificates of Deposit
FARM LOANS INSURANCE
t^ttoooooooooooooooooooooooooooeMooooooooooooooooooooQ
tSft
IV
GWJE.
WIFE, a,
BANK BOO!
^f PRESENT.
BEFORE A MAN MARRIES HE OUGHT TO SAVE MONEY.
AFTER HE MARRIES HE MUST SAVE MONEY.
THEIBEST WAY TO SAVE MONEY IS TO GIVE YOUR
WIFE A BANK ACCOUNT IN OUR BANK. SHE WILL HELP
YOU GET AHEAD, BECAUSE WOMEN ARE BETTER MANA-
GERS THAN MEN.
TRYJT. YOU WILL FIND THAT WE ARE RIGHT.
YOU WILL=RECEIVE 5 PER CENT INTEREST.
SECURITY STATESANK
PRINCETON, MINNESOTA
Pl^SIK^i|SPI^)BP^gW^P!SaRg
R. D. N. SPRINGER, Oph. D.
OPTOMETRIST
f Dr. Kline's Sanatorium. Anoka WWfc*to
Princeton, Sunday, Jan. 15
(UVTIL. fi
At MERCHANTS HOTBL
Sys Rzaaainod and Glaxcaa Fitsatf
"If your credit is srood at the bank.
srood with m

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