The Bozeman courier., September 26, 1923, Page PAGE SIX, Image 6

About The Bozeman courier. (Bozeman, Mont.) 1919-1954

Image provided by: Montana Historical Society; Helena, MT

                
The Bozeman Courier
"PUBLISHED IN THE FAMOUS GALLATIN VALLET"
THE OFFICIAL PAPER OF GALLATIN COUNTY
Phone
Established
80
1871
Published Every Wednesday Afternoon at No. 43 West Main Street,
BOZEMAN, MONTANA
REPUBLICAN COURIER COMPANY
Enter in the Postoffice at Bozeman, Montana, as Second Glass Matter
Under the Act of March 3, 1879.
:
SUBSCRIPTION RATES BY MAIL — PAYABLE IN ADVANCE
$2.00 Six Months
$1.00
One Year.
$ .50
Three Months
UNCLE SAM'S LOSS OUR GAIN
The Farm Mortgage Bankers' association is out with a state
ment that the late William Rockefeller, brother of John D., owned
over forty-three millions in public bonds that were free from in
come tax, hence the million dollars or more he might have paid
on income tax was shifted to somebody else.
answer that in order to understand the viewpoint. Farm mort
trage bankers loan money on farm mortgages at S per cent plus)
1, 2 and 3 per cent commission and then sell their mortgage loans
to investors. Such an investment would net less than 3 per cent
per annum to a man as rich as William Rockefeller because he
would be in the 58 per cent surtax class. The farm mortgage
bankers have lost all such customers for their mortgages as Mr.
Rockefeller.
What is the Farm Mortgage Bankers' association? Let's
But these men bought freely of mortgage loans when there
was no surtax. There were plenty of tax free public bonds then.
It was not tax free securities but the surtax that drove these rich
men out of farm mortgage investments.
Rockefeller is claimed to have saved himself a million dollars
a year in surtaxes by investing in tax free public bonds, hence,
the farm mortgage bankers say, his tax was shifted to the poor
man.
But was it?
He bought school bonds, state road bonds, city hall bonds,
county bridge bonds, federal government war bonds. Every tax
free bond yielding a low rate of interest because it was free from
income tax. The farm mortgage bankers admit that some of
his bonds yielding as low as 3*4 per cent and most of them only
4 per cent. Now he might have bought farm mortgages yielding
6 per cent. Manifestly he gave up a possible one-third of his
interest income to avoid the surtax. The federal government
lost its surtax but some school district built a school house with
Rockerfeller's money at an interest cost much lower than its tax
payers would have had to pay had school bonds not been tax free.
The federal government lost a surtax but the farm owner and
the home owner taxpayer in the school district gained by getting
cheap money. ^
The figures given before the house committee by expert bond
statisticians showed that the low rate of interest on bonds saved
to the land taxpayers in counties, cities, districts and states be
cause their bonds are tax free is greater than the surtax the
federal government loses when rich men buy tax free stuff. If
the federal government wants to collect surtaxes from men like
Rockefeller congress should reduce the surtax rate to a figure
that they can afford to pay before they rush into low rate public
bonds. Until congress does that tax payers in our school dis
tricts and our counties will gain what the federal government
loses from men like the Rockefellers.
MONEY IN WHEAT
Why is wheat grown in the eastern and southern sections
of our country in competition with Minnesota, the Dakotas, Mon
tana and other wheat growing sections of the country?
The answer to this question is obvious the moment the facts
are set down on a map of the country. Wheat grown in South
Carolina brings the grotver 53 cents per bushel more than the
grower in South Dakota receives for his product.
In South Carolina not enough wheat is grown to supply local
demands. The grower in this situation gets the terminal wheat
market price plus cost of transportation from that point to his
local people. The South Dakota and the Montana grower gets
for his wheat the terminal market price less the cost of trans
portation.
The Virginia growers get 33 cents per bushel more for their
wheat than the average Kansas grower receives,
have a ten cent margin over Illinois producers.
Intensive farming is showing some remarkable results in
wheat growing as it is in other directions,
paper devoted to agriculture in that section of the country, re
cently described the process used last season by Charles Kams
who threshed out 520 bushels of wheat from a ten acre field, an
average yield of 52 bushels per acre. This reads like the old yield
in the Gallatin—yet it comes from a section never noted for high
wheat yields.
This result was achieved in a crop rotation program which
included wise and careful use of clover, manuring,. potatoes and
cultivation.
For some years our agricultural college people have been
telling us that so far we have been doing little more than scratch
ing the surface of the agricultural possibilities of this country.
Results right here in Bozeman show that grain crops for the first
two years following clover or alfalfa show remarkable yields with
the output of grain the third year dropping down to about half
the yield of the first two seasons. And yet many of our farmers,
on irrigated land too, keep
year after year.
A small acreage in wheat in .South Carolina, if handled in
manner to get the best results, will, even now, yield a handsome
profit. Diversification of crops will bring relief to wheat ^
ing states where depression now prevails. In some of our north
western states seventy-five per cent of the cultivated
devoted to wheat growing. This is just a case of placing too many
eggs in the same basket. Of course there are many farms that
can grow nothing but wheat, as for instance the dry land sections
of the Gallatin. But how come so many irrigated farmers keep
Ohio growers
The Ohio Farmer,
r
cropping wheat, oats and barley,
on
grow
area
on planting wheat when they can grow other things?
The need of America today is more sound and correct infor
mation on these subjects and less reliance placed on demagog poli
ticians who go about the country telling people they can cure the
ills of wheat growing, and all others who have complaints against
the operation of economic laws through the alchemy of legislation.
♦
GERMANY GIVING IN
)
It is reported from Europe that the German government is {
about ready to cave in and quit its resistance to France's efforts j
to collect just reparations for the damage done to her cities and
property. It was inevitable that the end to an intolerable situation
would come sometime. France realized that she had no other
recourse in order to collect an account than to go into the Ruhr
and stay until Germany came across with real payments.
Germany has hoped that in some way she could avoid pay
ments. Great Britain's unwillingness to help France collect was
Germany's hope but at last it has been driven home to the Ger
mans fhat France is determined to stay in the Ruhr in spite of
Great Britain's objections.
The German government's debt to its own people for money
borrowed during the war has been cancelled with worthless marks,
It is as though our own government had repudiated all of its
Liberty bonds. The time has come when Germany must have real
money and France's struggle hold on the industrial throat of the
country makes it apparent that the Genhan people must either
! pay France or starve
Franee said that her <*.„^„<. 3 , of the industrial district of
Germany wou ld be a test of endurance. The one who could hold
i
out the longer would win. Germany is showing signs of weaken
ing. Negotiations are on. All Germany has to do is to begin
paying. As she pays France will recede. The German people will
have no war debt taxes to pay. They have robbed their
people for that. They can begin to pay taxes to France to repair
the property they wantonly destroyed on French soil. When
Germany begins to pay its just debt of reparation to France
Europe will begin to right itself economically. It looks as though
the dawn might have come.
own
TURN STATES-EVIDENCE
The Mine Workers of America at last have discovered that
murder and slaughter of human beings in labor controversy is a
crime that must be hung on to somebody else in ordqjr to protect
the miners' union from becoming an outlaw in the minds of the
general public.
The published indictment of communists in their effort to
control the labor union contains the charge that "Eighty-six Lith
uanian bolshevists led the Herrin massacre of non-union miners.
The mob leaders, sixty-seven of them, were members at Herrin of
the bolshevist Lithuanian branch of the communist party of Am
erica.
~
99
This revolting, inexcusable crime was fomented, promoted
and caused solely by communists," says the writer of the miners
union's indictment. "It was a carefully planned affair, schemed
with all the diabolic cruelty and disregard for law that character
izes the communist movement.
4<
99
That is the language nbw used by an official document of
the United Mine Workers of America in describing the Herrin
massacre. It is an admission that the public press was right about
it and it is a repetition of the most severe censure that those out
side of the miners' union have given to that horrible affair.
But when the state of Illinois attempted to bring the
derers to justice it was the miners' union that furnished the
funds for the defense; it was union miners who terrorized the
community to such an extent that a jury dared not convict those
who had tortured and massacred their feliowmen.
While the crime at Herrin was breeding terror and fear every
where it was other union miners who drove about in mobs and
forced all independent or non-union mines to close under threats.
It is something for the United Mine Workers of America
officially to admit that murder is murder and massacre is mas
sacre. In order to clear its organization of either complicity
sympathy it should now conduct a vigorous prosecution on its
own account. If the United Mine Workers of America wants to
rid its labor union of the bolshevist element and regain the sym
pathy of the publiclt should bring the Herrin murderers to justice
through the power of its own union. The miners union should
turn states-evidence.
mur
or
a
ROTARY LEARNS
OF CONVENTION
Review of International Meeting in
St. Louis in Spring Presented By
J. A. Woodard, Delegrate From
Bozeman.
A 'review of the Rotary Interna
tional convention at St. Louis last
summer, was the feature of the end
of-the-month evening meeting of the
Bozeman Rotary club Tuesday even
ing. The review was given by J. A.
Woodward, delegate from the local
club to the session.
He told members that the out
standing ^figure at the convention
was the appearance on the fourth
day of Warren G. Harding and his
wife. He said the couple wére given
an ovation which lasted for several
minutes.
"What impressed me most at the
time, and this was true of every Ro
tarian in the convention,
the sincerity
friendliness of the man, his simplic
ity and devotion."
said Mr.
and
Woodard "was
Throughout the business of the
convention "The Boys" was the main
topic. This was the great activity
of the organization during the year,
and the work accomplished was only
a starter for greater good in the
future
is
One speaker wanted this ae
tivitv "donlinued indefinitely,* feaid
Mr. Woodward. "He wanted to have
annual conventions of Rotary boys,
where the youths from all parts of
the world could assemble and get ac
quainted and thereby learn the points
of view, habits and customs of the
others."
The speaker reviewed the
pro
ceedings of the convention from the
opening session with the huge and
fine pageant, through the different
business sessions with extracts from
the addresses of the many giften
speakers, and references to the many
social features following the business
sessions. •
HOLD TEACHERS EXAMS
IN BOZEMAN NEXT WEEK
Teachers examinations will be giv
en in Bozeman Oct. 4. 5, and 6,
Thursday, Friday and Saturday of
next week, according to an announce-1
ment made by Lucile Quaw, county)
superintendent of schools. The ex
aminations will be held in the Y. M.
C. A., Thursday and Friday and in
the court rooms Saturday
All teachers teaching om permits
or whose certificates expire before
next June, are required to wirte in
these examinations, according to Su
perintendent Quaw. Teachers who
have credits to apply on examina
tions must present fiem at the time
the examination,
Missoula and Bozeman
summer
credits in subjects granted prior to
(Continued on Page 7)
CHIROPRACTORS
MEET IN BUTTE
NEXT SESSION
Delegates present Tuesday at the
annual convention of the Montana
Ch^ropracijic jaaociatioit i selected
Butte as the meeting P lace of the
asso J; iatl ® n m 1924>
, ., ,
ceed themselves the coming year.
They are: Dr. J. E. Daniels, Boze
man, president; Dr. J. T- James, Kal-J
lu
ispell, vice-president; Dr.
Downs, Billings, secretary-treasurer,
and Dr. P. T. Barnes, Missoula,
chairman of the board of directors
Tuesday all delegates present
the convention were entertained
guests of the Bozeman chiropractors
to a picnic lunch in the Gallatin can
yon, followed by an afternoon along
the river and a banquet at Karst's
McCRACKEN'g
Special Sale
of
Outing Flannels
Right now—today—will be your best opportunity to pur
chase your winter supply of outing flannels for the entire
family. Stocks were never more complete. Prices will not
be lower.
27-inch
36-inch
Dark Flannel
Dark Flannel
Good weight
29c value
Good weight, 25c value
19c
23c
36-inch
27-inch
Extra Heavy
Striped Flannel
White Flannel
Heavy weight
23c
29c
Special Sale
New Silk and Wool Dresses
in Fall and Winter Styles,
featuring values to $15.00
Friday Morning
• -
)
Starting
9
at seven o'clock in the even
camp
ing
At a special session Monday, held
hotel, the state
at the Bozeman
ehircipr&ictors discussed Way» and
for the advancement of their
means
profession,' , stressing particularly
the questions of advertising and na
tional donations.
Before adjourning they prepared a
resolution, expressing appreciation
for their reception in Bozeman and
for the way they had been entertain
ed while guests in the city.
1
ALONZO B. SWIM DEAD
AFTER LONG ILLNESS
Alonzo B. Swim, died at the home
of his son, Clarence B. Swim, 601
Sixth avenue south, last Monday
night after a prolonged illness- The
* body was shipped from the West fun
eral patrlors to Genoa, Neb., for
burial.
Mr. Swim was born in Scott county,
Iowa, February 2, 1864. He has
lived in Bozeman for the past 14
j
months.