New Iberia enterprise and independent observer., September 09, 1916, Image 4

About New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944

Image provided by: Louisiana State University; Baton Rouge, LA

                
ENTERPRISE AND OBSERVER
Consolidated
Officiai Journal of the City of
New Iberia and School Board.
Subscription - $1.50 per Annum.
FARMERS LOAN BANK MEET
ING HERE.
m
i! i ir
The establishment of one of t)
Federal Farm T.onn Banks
New Orleans will mean the passing
of short time h :ivy interest bear
papers ami the farmer's
ht ma re—foreclosure proceed
ings.
the bent-tits that
selection of New
trs. bankers and
over the St;;te of Louisiana
other territory contiguous to New
,
It
n
rill
Thoroughly appreciating
follow the:
Orleans, farm
business men
]
r . , . ■•in ■
Orleans have joined forces in an'
J
effort to impress on the members'j
of the Federal Farm Loan Board ;
the wisdom of naming the Sojth
ern Metropolis as a Farm bank'
site.
I
With an executive committee, |
die membership of which is com-:
posed of leading Louisianans, a
consistent campaign is being,
waged to secure recognition for
New Orleans. The battle is par-,
tieipated in hv Honorable IIarr_\
®. Wilson. Commissioner of Agri-'
eulture, and Justin F. Denechaud,
Secretary of the Immigration Di-'
vision of that Department. The
preliminary work comprises a
campaign of education so that the
farmers inav become familiar with
the rural credits system that will.Mr.
«id so materially in the develop
.e r—— ... i
ment of Louisiana and the entire
Southland.
Mr. Denechaud arrived in New
Iberia to arrange a meeting to be
field in New Iberia at the Court
House at six o'clock P. M., next
Monday, to be addressed by W.
JL Leppert representing the New
Orleans ">mn it.«r 0» ur'.na'.'c
ment. Mr. Denechaud is travel
ing in advance of Mr. Leppert and
from here he will visit other sec
tions of the State in the interest
of the movement. While in New
Iberia Mr. Denechaud will confer
with Parish officials and some of
the prominent business men to
arfimulate interest in the meeting 1
to be addressed by Mr. Leppert.
In connection with this cam-;
Paign it might be wdl to give
tures of the act creating the Fed
eral Farm Loan Board which is
to administer the Federal Farm
Loan System in the same way the
Federal Reserve Board adminis
tered the Federal Reserve Bank
in? Systém.
some of the more essential fea- ^
'
The Act provided that ten or
more farmers in any community
may incorporate as a National
Farm Loan Association. The
loans they apply for must aggre
gate not less than $20,000.00. Each
individual loan must be not less
than #100.00 and not more than
$10,000.00. The loan may not ex
feed one-half of the fair appraised
value of the borrowers land, plus
•ne-fifth of the insured value of
Bis buildings. Each member of
•he association agree to purchase
•ne share of location association
stock at a par value of $50.00 for
each $100.00 borrowed. Iiis lia
bility for the debts of the associa- j
tion is limited to double the
amount of his stock or $10.00 per
$100.00 borrowed. There is no
•ther joint and several .liability,
I nder tbe present borrowing
faeihties available to the farmers |
t , ?i a l es ' the avera ~ e I
fost of $1,000 ,s $8;>.00 per year|
taking the country as a whole,
1 1-2 per cent interest. At this
rate a borrower in thirty years
will pay $2.805 interest on a thou
sand dollar loan. The compound
mterest on this interest, which
the lender gets is $3.595. Thus •
it $1.000 loan for 33 years, nnder
the present facilities, costs tht
farmer $2.805 j n interest paid out
and costs him $3.595 in compound
interest lost, or a total of $6.400. j
At the end of 33 years the bor
tower still owes the principal
#1 Oivi making his total cost
17.400.
Under the system provided by
fhe Federal Farm Loan Act the
farmer's total cost on a $1000.00
loan for 33 years, figuring inter
est at the maximum of 6 per cent
allowed bv the act. will be *2.310
which covers both tbe principal
and interest and thereby saves
him *5.090. Thus the farmer will
readily see the advantages he will
soon enjoy after the location and
eneration of one of the Federal
Yanks in Louisiana. New Orleans
the designated point for the hank.
THE P. L. RENOUDET LUMBER
COMPANY.
The news that the P. L. Hen
oudet Lumber Company of this
< itv had consummated a deal of
1\000 a eres of valuable timber
.'a",! in the State of M : ssissippi.
half
which cost approximately a
million of dollars was gratifving
j n . a
to the peuple of New Iberia, who
, were somewhat apprehensive that
the scarcity of timber would
mean the shutting; down of the
biggest industry we have in our
midst. The land fronts on the
Mississippi river near Natchez,
and will he towed here as fast as
^ required by the mill to meet
*he demands of the trade throuuh
out the country. It is said to be
one of the few remaining; large
tracts of virgin evpress in that
.• p. „ , .u
section, ror several months we
uiew t j lat ;\f r (îeorge Cousin.
; manager of the P. L. Renoudet
|"L um ber Company was investigat
• . .1 .• ,
,ing the timber in those swamps t
I ..1 • - , /,
with a view of having the Com-'
| pjmy , which he represents, make
the purchase, and we are more
than pleased to announce that
this large deal will give them
'sufficient timber to operate the
m j]] here for at least ten years,
assuring steady employment for
I
'
a mim ber of our people familiar
with saw mill work and we dare
gav man y of our citizens who left
here when this big mill was com- 1
celled to shut down will seek,.,.
their same old positions both on
«i,„ ......i.. .i,„ .„:n |
,the yards and in the mill proper.,,,
Cousin is having the machin
er y overhauled and otherwise put
1
into shape to begin as soon as the
first drag is brought here. The
timber will be floated down the
Mississippi and thence through
the locks at Plaquemine and on
up the Teche to this point.
ST. MARY HELPS OUT OUR
PARISH FAIR.
At the recent meeting • of the
Police Jury in St. Mary Parish
* untc «uiv in öl. a ans 11
it was decided by the members
!• i I IV« 1 1 t « . «
of that official body that the ap
propriation of the State, which is
$250.00 would be donated to the
Teche Fair Association for the
1 con duct and expense of the Fair
|to be held h "
0 f the month. uiu ri „u.u»
joint »Fair.
. i ,1
will be practically
be held here the latter part
;h. In other words iti
»»»«il., _ - tv :_
^ This understanding was brought
' about by the presence in St. Mary j
i * . . n .. »
at the meeting of the Police Jury
of iDr. J. A. Goodwin and Sec-|^
retary Bernard. It is their in- j
tention to also interest the goodi
people of St. Martin ville to join|°
with Iberia and St. Mary andj°
make the Fair one of the biggest't
attractions ever held in the State 1
otuatiiuuis c»ci iinu ill IIIC OtctIC •
outside of Shreveport'. All of the|.
necessary arrangements are now |
' * " —
necessary arrangements are now
being made for th<> buildings and 1
floor space and Mr. R. A. Jacob
and Secretary Bernard are ex
çeedingly busy arranging space
for the exhibits that is cx- i
pected. Sheds are to be erected j
•"i Weeks, St. Peter - and Julia
c.i—. ' • - -• - '
Streets for the accomodation of
whatever live stock that is to be
brought in from the Parish and
District and we are told that the
entries already received far ex
expectations. By reason of
j the interest St. Mary and St. Mar
tin will take in the exhibits, there
is no doubt the attendance will
be double that of last vear. No
^„trance or fee for either admit
tance or entrv is one of the draw
i„g cards and the board of diree
tors knew what they were doing
w hen they decided to make everv
or.thing free fof both exhibitors and
visitors.
n
NOTICE.
The Protestant Cemetery As
|sociation will hold their regular
monthly meeting at Hotel Fred
«rie at the o'clock on Monda v,
September the 11th. During the
unusually intense heat the organ
jization have been rather lay in
attending meetings, having an
excellent ground committee, Mr.
John R. Taylor and Mrs. J. C. M.
Robertson, whose good business
judgment in every thing concern
ing this sacred spot has been
thoroughly tested but on next
Monday very important matters
must be discussed and decided by
as many of the Association as pos
sible. should the weather con
tinue its afternoon sprinkling
remember rain is no wetter to at
tend a Cemetery meeting than a
h?.se ball or card club. So please
close your account book, or drop
your knitting and be at the Hotel
Frederic at five o'clock promptly
M. L. POMEROY, S*cty.
Proceedings of the School Board.
s j on on t he above named date, at
| two o'clock P. M., with the fol
lowing members present: Presi
dent Verret, Me
New Iberia, La., !>ept. 5, 16.
Pursuant to the call of the
President, the Iberia Parish
School Board met in special ses
rs. Oeo. F. Win
ters. L. L. Gonsoulin, J. D. Walet,
rivsse Landry, Madison LeBlanc
and II. R. Min vielle, these mem
! «•: s constituting «picrum of the
Board.
The following is the call which
' rough t the above named mem
b ers 0 f t he School Board togeth
er in special session:
j New Tberia, La., Sept. 2, 'lti.
Dear Sir—By order of the Pres
ident. there will be a special meet
ing of the Iberia Parish School
Board Tuesday. Sept. 5, 191G at
two o'clock P. M.
At this meeting, action will be
taken on the matter of disposing;
of the timber on this
school lands.
»r.. » f
The members of the committee
«pP° inte,l t( > h a v e charge c
tllsposal of the saitl timber
appointed to have charge of tht
are
specially urged to be present.
Yours verv trulv,
L. À. WALET, Sectv.
On motion of Minvielle, sec
onded by Mr. Walet. and carried,
the reading of the minutes of the
. . • ,.
P ^ 10US meetin 8 was. dispensed
^
Conc< « the matter of the
proper disposal of the timber on
'this Board's school lands, Mr.
r
ard s
n ,, .
„ i
Hazard Vaughn,
in behalf of Mr.
,. , ,
I T'
If lv * ti n
tive proposition to the Board for
its consideration:
Mr. Ilewes of the Jeanere'tte
Lumber Co., tentatively agrees to
purchase the School Board's cy
press and tupelo timber on Sees.
16, on East side of Bayou Teche,
at a price netting to the Board
$5.00 per M. feet for cypress, and
$1.50 per M. feet for tupelo; said
timber to he floated, provided
there is sufficient water, in one,
t —* — ;
0 t" ree J ears ; it being dis
fin HAMlf AA/1 4I1 /» nnî<
understood that the said
Hewes binds himself, after
I " e K innin ?> to float all of the mer
c hantable cypress and tupelo tim
ber from said 9611001 lands within)
—
mer chantable cypress and tupelo
timber left, on a»i<1 Innrlc of tlio
«Mu SK.UUU1 m mi» wiiuiuj
three ^ears, market price being
* uarante ed to the Board for any
merchantable Cvnress and tnni>1n
fiom
tim ^ er . Ieft on said lands at the
j ex P' rat i° n °' said time ; it being
fiirflior hh /1 am 4 aa /1
L, L Î - 0m
. 00 t0 ^ 2000 00 worth of tlm "
j ^ er ^ oa ted the first year,
a P ro P or t io nate amount the sec
ftn< * third years, until all
f ™ erc hantable cypress and
UDe ^° timber shall have been
1 a .^' total net amount
• , . . _ . _ _ ~ #
. 18 " oar " 18 to receive be
| ' npr es ti™atcd. but not guaranteed
I«« —ij*—i-x; 1*„_
—•.""" """ Bu
1 ^ '^ ^ said tentative offer by
'J 1 ^ Hewes to be confirmed or with
■.y a 7 n b ^. him within two weeks,
during which time he is to satisfy
himself a s to the legality of the
sa e ""dertaken by this Board.
, . , r ''' 1 r - '* sop "
onded by Mr. Landry, and
., ___ car
ried, that, in the event Mr. Hewes 1
confirms the foregoing tentative j
offer within two weeks, the com-'just
*■ '■ I ■■uu .M -i-i-iiu*
m
{§1.000.10
-TO
LOAN
-AT
0 PEO CENT
IBERIA OWLDINS ASSOCIATION
J
j mittee in charge of the disposal
; of this Board's timber is hereby
authorized to close with him: but,
in the event of the withdrawal of
the said tentative offer within the
above specified time, the Presidnt
of this Board is hereby author
ized to advertise for thirty days
in one of the New Iberia papers
•or bids for the purchase of this
Board's timber, the Board reserv
ing 1 the right to reject any and all
bids.
There being no further business,
the Board adjourned.
L. A. WALKT. Sectv.
LOUISIANA STATE FAIR
CATALOGUE.
The editor acknowledges re
ceipt to-day of the Eleventh An
nual Catalog and Premium List j
of the Louisiana State Fair,
Shreveport November 1st to fith
inclusive, 1016. The Catalog an
nounces Premiums amounting to
over $lfi.OOOOn and covers a:J
Departments for all classes of
Exhibitors. The Catalog will be
mailed free to any person inter
ested in tbe State Fair or who
intends to make an Exhibit
there. Tf yon want a copy be
sure and write to Louis N. Brreg
gerhoff. Secretary, P. 0. Drawei
110ft, Shreveport, La.
OUR FRIEND—THE HORSE.
Notwithstanding the great pro
duction of motor-driven vehicles,
our good old friend, the horse,
and his sometimes recalcitrant!
cousin, the mule, seem to hold
their own.
The Rockford Republie, whose
editor is something of a statis
tical says: "Statistics of the
Department of Agriculture show
that at the beginning of this
B *
year there were 21,166,000 hor
ses on farms, 4,565,000 mules and
3,182,709 horses in the cities, a
total of 28,913,109. In 1800, in
round numbers, there were 14,
000,000 horses on farms in the
United States, and in 1900 there
umteu oiaies, «
were 18,000,000.
"The value of the horses and
— ,
'mobiles in the country are worth
<fe1 *2fiO AftOcOnn T«
me value oi ine norses ana
mules in the country is $3,032,
292,000, while the 1,800,000 auto-!Fair,
mobiles in th«> ommtrr uwp »1i I
take careful note of this—the hor
ses and mules in the United States
$1,260,000,000. In other words
—and let the automobile dealers
:
are worth three times as much as
the value of the automobiles.
" 'If all horses died to-mor-,each
row. we should probably starve
to death,' says the treasurer of j
the Massachusetts Protective
# 'y —- j'
sociation for Horses. 'We depend,
upon the horse for what we
j or w |j a t we W ear.'
With the friendly horse play
ing so valuable a part in our
economic system, let us all treat
this useful aminal with kindness |
and consideration. During the;be
hot summer months especially all
persons driving horses should j
i™" «-* ,c " U1 » c " ,,n
and for what we wear.'
remember that the dumb and)
patient animal feels the heet
as intensely as its driver."!
I...MUU iwiwuuu m
JULES WEILL
JACOB WEILL
LEOPOLD WEILL
WEILL BROS.,
HORSE AND MULE CO.
LAFAYETTE, LOUISIANA.
Fins Cane, Cntton and Rice
Milas. B uggy and Brood
Mares.
No order too small or too big for us. We sell
better BROOD MARES and CANE MULES for
less money then anybody else. Every head sold
under a positive guarantee and delivered at your
place.
It will pay you to get our prices and see
our stock before buying elsewhere.
From 150 to 200 head always on hand
Largest Concern of its kind in La. Honesty our Motto.
Phone 199. Branch Stable, Abbeville, La.
A LETTER.
Mr. Editor
Kindly reserve space in the next
issue of your paper for a discus
...
sion of matters of genernl interest
to this community which came up
before the Police Jury at their
session of the 7th instant, and
which they flatly refused to en _
pertain; these matters would
.have, to doubt, reflected seriously
'up 01 * some of their political
- • -
friends.
A. B. ROMERO.
in
NÖTIGE.
The Board of Directors of the
Teche Fair Association will re
ceive bids, at their office, Sept.
15th, at 10:30 A. M. for the fol
Rowing privileges a n d concessions
lowing privileges and concessions
to be operated during the Teche
auto-!Fair, Sept. 28-Oct 1, inclusive:
I Candy wheels, Baby Dolls,
reu 1'onds, Shooting Galleries;
Coffee
Stands, Cigar, Cigarette and To
baceo Stands, Soft drinks, Mag
_ . _
Destaurant, Lunch and
azine Stand.
These concessions
•will b£ let
-
to one individual or one cor
noration or company, with the
j privilege of operating as many
As-'stands under each concession as
j' ^ ««
the concessionaire desires;: pre*
eativided that at least two stands of
each of the above named conces
sions shall be established and ope
(rated, except the magazin stand,
and providd further that each
| additional stand above two, shall
the;be priid for at the rate of one
half the amount paid for the orig
j inal bid of two stands. •
All stands except the restau
rant stands must be provided for
by the successful bidder of con
cessions. Tne location for such
stands to be designated by the
j Superintendent of Concessions.
The bids must be sealed and ad
dressed to the Board of Directors
of the Teche Fair Association and
must be accompanied by a certi
fied check of 25 per cent of the
amount of the bid and the re
maining 75 per cent to be paid
three days before the opening of
the Fair.
The Board reserves the right
to reject any and all bids.
For further information, ad
dress Superintendent of Conces
sions, Teche Fair Association,
New Tberia, La. and address
sealed bids to Board of Directors,
Teche Fair Association, New Ibe
ria, La.
R. A. JACOB,
Supt. of Con cessions.
Rheumatism Follows Exposure
In the rain all day is generally
followed by painful twinges of
heumatism or neuralgia. Sloan's
Liniment will give you quick re
lief and prevent the twinges from
becoming torture. It quickly
penetrates without rubbing and
soothes the sore and aching
joints. For sore, stiff, exhaust
ed muscles that ache and throb
from overwork, Sloan's Liniment
affords quick relief. Bruises,
sprains, strains and other minor
injuries to children are quickly
soothed by Sloan's Liniment.
Get a bottle to-day at your drug
gist, 25c. i
( man, will start out to walk to
s0me place across the railroad
track: sees
GAMBLING WITH FATE.
A pedestrian, often a grown
a train coming, he is
j? a ' mrr - v an( J he tr ' , s . to l,oat
U r '!! n 0XeI . e e,ossi ng; he
I fenerally succeeds, but some
; t"™s he does not, and whether he
0r not be 13 ^ ambhn ^ Wlth
i a t>' ,. ,
, .°^ s . cim . " n ? mo ^ ni ? trains
which is a violation of law, and
.iump off. They generaly suc
ceed, many times they get off
with a few bruises occasionally
.they get off with a broken limb
[and sometimes they lose their
lives, which they risk every time
they do such things.
People ii. buggies, motor cars
and on horseback race with trains
at grade crossing, risking a wreck
and death or injury, which often
results from this gambling with
fate, but their kind do not heed»
the warning, going blindly on t
an awful death.
'In hundreds of ways they
gamble with the grim monster,
who is sure to win sometime or
another, is certain to claim bis
victim, whether they hurry into
his clutches or not. The spirit
of gambling seems to hold them
fast to the love of runnm" risks.
Tt is a spirit, hard to satisfy.
When they lie mangled,
crushed and bleeding, victims of
their own recklessness, their sur
viving relatives say that God lias
taken them, laving the hlpjne on
their Creator, when perhaps, it
is the work of TTis arch enemy,
Satan, who delights jn suffering,
death and destruction. Do not
gamble with Fate.—Ruston Lead
er.
LAND
for rent in largo or small traefs on
shares or for cash. Also desirable
tracts for dairy purposes.
WEEKS & WEEKS.
Get a Lawn Mower Early
Don't let the grass and weeds
get the start. Keep the
grass down and it is a
pleasure to keep your yard in
good condition.
Buy yourself a lawn mower
this season. Buy from ns
if we have what you want
at the right price. Come and*
Uni ilcrli Hirdvari Compaq!
F1AHCIS J. VOOBHIES,« Manag«.