The Ward County independent., November 02, 1916, Image 12

About The Ward County independent. (Minot, Ward County, N.D.) 1902-1965

Image provided by: State Historical Society of North Dakota

*s
15
-A
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FRAZIER
Polical Ad.
BURLINGTON.
The report of the principal of Bur­
lington schools shows the following
particulars: Room 1 Enrollment,
boys, 13, girls 16 per cent of attend­
ance, boys 97.6, girls 91.4 total 94.5.
Room 2—Enrollment, boys 12, girls
11 per cent of attendance, boys 94.8,
girls 94.8, total 94.8. Room 3—En­
rollment, boys 9, girls 14 per cent of
attendance, boys 85, girls 77 total 80.
Room 4—Enrollment, boys 7, girls 4
per cent of attendance, boys 98.1, girls
84,3 total 93. Total enrollment of
the school—boys 41, girls 45 per cent
of attendance 90.5. The above facts
show a very creditable condition of
our public schools and speak very
highly for the loyal manner in which
the parents are lending their assist­
ance to the teachers in building up an
interest in educational affairs.
E. A. Madsen is making arrange­
ments to go to Raymond, Mont., the
last of the week to inspect the large
general store at that point in which he
is interested.
Mrs. J. Y. Millar was a visitor to
the Wonder City Tuesday.
The mines in this district are being
greatly hampered in their operation
by the lack of cars. A movement is
on foot to call the attention of the
state railroad and warehouse commis­
sion to this fact, and also call their at­
tention to the fact that the mines at
"Wilton in which certain officials of the
Soo line are interested are peculiarly
free from annoyances of this nature.
In this connection we cannot forbear
to remind the public that they should
by all means lay in a goodly supply
of Burlington lignite at their earliest
opportunity. We gave the same
warning last season and when it was
too late many were sorry that they
gave no heed to our advice. Don't
make the same mistake twice.
The regular meetings of the Bur­
lington Camp M. W. A. are held the
second and fourth Tuesday evenings
of each month. Thd next meeting will
occur after election and consequently
there can be no excuse for failure to
attend, brothers.
The Ladies' Aid will hold their an­
nual sale on Friday evening of this
week at the Opera House. In con­
nection with the sale supper will be
served from 5:30 to 8:00 p. m. Let
everyone turn out and make this oc­
casion a marked success.
Judging from the way grain is be­
ing brot to town one would have no
idea there was a crop shortage this
season. One day this week we ob­
served seven heavily loaded grain
tanks lined up before the local eleva­
tors waiting their turn to unload. Both
the Hogy and the Olson Grain Com­
pany houses are doing a splendid bus­
iness this season. Besides the eleva­
tors which he operates here and at Des
Lacs Mr. Hogy has to attend to his
large farming interests north of town,
and any one of these interests would
be sufficient to claim the entire atten­
tion of an ordinary man, but Hans
carries his responsibilities lightly and
is constantly alert and keeping his
various enterprises running smoothly.
We understand Mr. Hogy still has a
cows for sale at the old Muir
V-
Frazier is for Hughes BECAUSE Hughes always made good
Frazier is for Hughes BECAUSE Hughes is not given to empty
promises
Frazier is for Hughes BECAUSE Hughes is a friend of the com­
mon people
the
greatest state in the union—
ranch up the Mouse, and farmers in
search of A. No. 1 dairy cattle should
make it a point to look over his herd
as there aire still a few of the choice
cnes left. By reason of his absolute
candor and straightforward dealing
one takes no chances when he deals
with Mr. Hogy.
A movement is afoot to improve the
condition of the road leading to Mi
not. Burlington township is graveling
a mile, or two of the road and it is
now proposed that owners of automo­
biles and others interested in having
a good road to Minot shall turn out
on a given date and fill the "chuck
holes" and make such other improve­
ments as will put this road in first
class condition. This is a commend­
able move and we trust the Minot
merchants and autoists will unite with
cur people and help the good cause
along. Portions of the road construct­
ed under the supervision of the county
commissioners are now in a scrry con­
dition and should receive attention be­
fore a freeze prevents doing a satis­
factory job.
There is some talk of resurrecting
that ancient landmark known as Lo­
gan, but we have classified the report
along with other fabrications, such as
enormous bean crops, corn yields and
such like products of. the contorted
imagination of her correspondent.
We are glad to note that Tasker is
"beating back" and is now represented
every week by a grist of good live
news from that hustling community.
RURAL CREDIT LAW.
Turin, Iowa, Oct. 30th, 1916.
To the Editor:
I have just read the criticism in The
Independent of the new rural credit
law. It appeairs as a political adver­
tisement, but it seems to the writer
that this is no excuse to find fault
with an honest effort to give the peo­
ple of the United States a rural credit
law. Of course, this law is not, per­
haps, perfected in every detail, and as
a matter of fact, it cannot be so per­
fected, like the rural credit law of
Germany, until the states all pass
similar legislation. The reason is that
the title laws are all within the juris­
diction of the states.
The rural credit law does not seem
to be understood by those whom it is
intended to benefit. It is purposely
not understood by those like the writ
el of the above mentioned political ad,
who for some reason wishes to dis­
credit it. It is in reality nothing more
than a system of banking that issues
bonds against mortgages, and in so
doing removes as far as possible,
every objection of an investor to a
mortgage. If the man who thinks
that there is nothing possible wrong
with a farm mortgage, let me ask
what he would ask if he had $10,000
and was offered for his cash a farm
mortgage? He would surely ask
about the title and the valuations of
the farm. If the farm was at some
distance from his home he would find
that he would of necessity spend con­
siderable to satisfy himself on these
two points and he would, of course,
charge more interest or commission
than if he went into the market and
bought a security that did not require
any expense or special knowledge to
be safe. This in short is the reason
the farmeir is paying a higher rate
than the city, corporation or govern-'
ment, while his security is no doubt
the best. A government or municipal
bond has the advantage over a farm
mortgage in four principal points—
first, the title to a farm is not exact­
ly perfect and must be shown to be so
by an expensive abstract that costs
something and requires bother. Sec­
ond, the valuation of a farm might be
too high and the investor must satisfy
himself as to this in some way. He
either makes his estimate so low that
he knows by a general knowledge of
the country that he is safe, or he
takes the word of the agent, or he
comes and inspects the farm himself.
Any of these methods requires ex­
pense and bother. Third, the mortgage
is taxed while the bond is not. Fourth,
there is always a market at some price
in cash for a bond while there is not
for a mortgage. A new buyer must
of necessity go all thru the original
program before he is safe in buying a
farm mortgage, and of course, the
borrower pays for all of this expense
and bother, over and above what a
bond would be required to pay, that
did not present any of the above de­
scribed expenses or hazards.
A rural credit law should be merely
a system of titles and banks that
would remove all of the above obpec
tions from a mortgage. The state or
government should take care of and
guarantee the title. This can be done
by installing a recording office that
would prevent errors being recorded.
This office could certify as to the con­
dition as well as an abstractor. To
provide against unavoidable errors
and contingencies, an assesment of
one-tenth of one per cent is collected
at each and every transfer of mort­
gage, to make the government safe.
This answers the'first question. The
bank and state work together to get
the valuation correct, and the state ap­
praisers have the last word. This
protects against fraud, and answers
the second question. The bonds that
are issued against the mortgage are
not taxable and this answers tha
third question. The bank or rural
credit society has a reserve in cash
and makes the bonds readily saleable
because the bank or society stand*
ready at any time to cash the bonds
with 4 per cent interest. This /gives
the investor a demand deposit, backed
by the best security in the world,
drawing 4 per cent interest.
This will put the farm mortgage on
the market the same as a city or gov­
ernment bond, with a ready market in
cash at some price. Of course it is
not true that these bonds would al­
ways sell for par, but in this respect
they would be no different from other
bonds.
As a matter of fact, the power to
create such a system is not within
reach of Congress, because the taxa­
tion laws and the title laws are all or
partly under the state jurisdiction. In
order that there would not be too
much confusion and misunderstanding
on the part of the investor, these state
laws should be all exactly alike in the
various states. Mr. Wilson has suc­
ceeded in getting the present rural
credit law passed and it will advertise
"I AM FOR HUGHES" SAYS
N N A I E
The Farmers' Candidate for Governor Supports the Peoples' Candidate for
President
The Reasons Why Frazier Will Vote for Hughes Are the
Reasons Why Every North Dakota Farmer
Should Vote for Hughes
The farmers of North Dakota through the Nonpartisan League have made the Republican party of North Dakota once more an instrument
of the common good. They have restored to it the aims for which it was founded. They have selected a state ticket worthy to be placed alongside
a national ticket headed by one of the greatest of all Americans—the man who is THE PEOPLES SPONTANEOUS CHOICE for president—the
greatest governor of
Charles Evans Hughes
Vote the Republican Ticket, not because it is the Republican Ticket but
because its candidates are the best that honest patriotic men could name
VOTE FOR
McCUMBER
and the Republican State Ticket
Republican State Central Committee
Wm. Lemke, Chairman
the necessity and the possibility of a
rural credit law and it will lead to
the discovery of the proper method in
the end, if it is absolutely of no other
value. The writer of the above men­
tioned political ad criticises the pres­
ent law but does not mention any way
to improve it. In this respect he is no
different from all the rest of the Re­
publican campaign writers and speak­
ers. If this writer wants to say some­
thing worth while about rural credits,
why don't he point out the defective
places and then tell how to remedy
the defects?
If the farmers of North Dakota
really want to do something in the line
of law making they have it in their
power to create a rural credit law
within their own state, within their
own jurisdiction that will be worth at
least $500,000,000 in cash. It will
make North Dakota the Mecca of all
land buyers. It will revolutionize the
whole method of farming, because it
will give the farmer a loan from ten to
fifty years in length that can be re­
newed or changed at any time that
won't cost more than 6 per cent and
this will be enough to retire the loan
at maturity. In other words, that in­
terest and commission they are now
paying is plenty to pay both princi­
pal and interest in twenty years.
Now, Mr. Political Ad Writer, what
have you got to say
F. W. BISBEE.
PROPERTY DESTROYED BY
HALLOWE'EN MERRYMAKERS
Young Men Overturn and Unroof
Buildings as Hallowe'en Pranks
Took Possession of Cafeteria.
Hallowe'en was celebrated in the
usual fashion Tuesday night, only a
little more so. During the early part
of the evening the younger element
appeared in their ghost costumes and
seemed to have been plentifully sup­
plied with soap, from the appearance
of the windows about the city the fol­
lowing morning.
The work of destruction did not
commence until a later hour and
grown-ups, who ought to have been
employed otherwise, mingled with the
youths. On the north side scores of
small buildings were overturhed and
in some instances the roofs were torn
off. One small building was placed on
a wagon and dumped into the river.
Delivery wagons and a good many
other things that had not been nailed
down were found long distances from
home the following day.
A crowd of fully 25 young men filed
into the P. & L. cafeteria, ordered
coffee and doughnuts, and after eating
their midnight lunch, walked out with­
out offering to pay the lady cashier a
cent. Mr. Phillips treats the matter
as a joke and says had he been pres­
ent he would have insisted on them
partaking of a square meal.
It May Be So.
Willie—"Why is a wife called her
husband's better half, dad?" Crab
shaw: "I suppose it's because she
Isn't satisfied with splitting his salary
llftjr-flfty."—New York Times.
Frazier is for Hughes BECAUSE Hughes will not become a sec­
tional president
Frazier is for Hughes BECAUSE Hughes will make American
citizenship SOMETHING TO BE PROUD OF—not to
blush for
"4'
I
The very best of
and HUGHES
?l Islq
Sarcastic Caddie.
ii A beginner on -brand-new golf
course was haying a particularly try*
Ing experience pn a hole laid across a
well-meaning but exasperating plowed
field. When he did not miss ttie *b&U
he hit the ground behind it. EtUr cad­
die, summing up the position VKith
cold, professional gyp,
companion:' "My word! 'It wouldn't
cost him much If he ,Vjis playip'.. witii
new-laid eggsI" -'j
Father's Position.
One evening we were entertaining
our guests. One of tHe men took my
little brother on his lap. The man
.said, "What is your father, my little
man?" He answered, "A man." The
man asked him then what his father
did, and he answered: "Just what
mamma tells him to do."—Chicago
Tribune.
'If
O
"d'ATISfACTION"
A WARM GARAGE
Firefljes'. Light..
The larvae of the fireflies are able
to produce a glow and this has lad
some to mistake them for glowworms.
In reality there are no real glowworms
In the United States. The source of
the glow in immature fireflies is not
known exactly, but it is believed that
some of the minute glowing organism^
of the female insect may adhere to the
young, enabling them to give forth a-,
light of their own.
Thing of the Past.
Betty had been punished. ITcr aunt'
did not know that, and, when she came
into the room and found Betty sitting
disconsolately before the window, she
said "Why, look at our little Betty..
She looks ready to cry. What is going
to happen, I wonder?" Betty looked
up and then said solemnly: "It ha»
happened."
Is neceseary ifjou expect to use your car this winter
You want to keep it from freezing up and you want the garaeeTwarm for the
work of adjusting the motor or repairing, etc.
(\rarilHihlMlSnfl vvl
lin
1 i"K,the
wVWWlnUfll^l the cold that make it as comfortable as it
r„. u» ... .... can be made. It's easy to put on and
For Walls, Cmltnga andPartition does not cost much.
This is just one of the many uses for Cornell Wood Board. Come and see us
andeconomicalfr
6
severa'
OER.VICef
MINOT
wil1
keep out lots of
J0*38 where it could be used very satisfactorily
BOVEY-SHUTE LUMBER CO.
goes with our goods
N. O.