Oakes weekly Republican. (Oakes, Dickey County, D.T. [i.e. N.D.]) 1883-1898, 1890-11-07
Bright and Future Prospects
for Investments in North
Dakota Lands.

An Cakes Writer Expresses His
! Views-Of Interest to Investors
and Home Seekers.
| There has never been a better
time to invest in North Dakota farm
mortgages than now, all things
duly considered. The majority Of
farmers are poor and need money.
Many Of them have good farms,
with improvements representing an
outlay Of from $250.00 to $1,500
and unincumbered. They want
small sums, say $4,000 to $500 to
tide over. The trouble is that the
loan companies and individual lend
ers have largely been frightened
away by the cry of failure of crops
during the past two years, occasioned
by lack of rain. The farmers who
are weakened, improvident, or
through their own ignorance Of
farming have made total failures
have left the country, and in all
such cases for the country's good,
and it has left good, thrifty, care
full and capable farming community,
who have unbounded confidence in
the ultimate successful issue and are
here to stay. Two hundred and
fifty thousand dollars could be loan
ed in small sums at 10 per cent,
secured by real property worth one
million dollars, in this State alone.
Baldwin & Wasson, Of Oakes, North
Dakota, could loan fifty Thousand
dollars in Dickey and Sargent coun-
ties. There has been NO total fail
ures in crops. The reports sent
East have been largely and wilfully
exaggerated. In three or four coun-
ties there are CASES of entire crop
failures and will be cases of destitu-
ton. Such can be found not only
in every State in the Union, but in
every city, town and hamlet. The
rains of 1888 and 80 haye been
local-on some farms enough has
fallen, while on others, often ad-
joining, there has been but little
rainfall. It is no uncommon thing
to have on one farm yield of from
Is to 20 bushels No. 1 Hard wheat,
and on farm adjacent, with same
soil and equal facilities and atten-
ton, not half the amount. There
are dozens, Of farms near Oakes,
which for the past three years (fail-
ures of crops notwithstanding have
averaged from 10 to 20 bushels, and
some few higher. Got some good,
reliable and we'll posted agent-and
the woods are full of them-and he
will hustle you up perfectly safe
and adequate security, rstmortgage
in every instance. One old-time,
Dakota crop will.set us all on our
feet. Nine-tenths Of the farmers
came here with little or no money;
they have been at disadvantage,
but most of them-ALL thrifty ones
have gotten more or less ahead.
Others who brought money here
have added to their store every year.
This is absolutely correct. People
come here with )the idea that they
will make money faster than in the
East, and because they do not, in
these off years. become discouraged.
As matter of fact they have prob
ably done as we'll, even during these
off years, as they would have done
had they remained in the East. The
very nature of the pursuit of farm
ing (plodding and uneventfuD has q
a tendancy to make them morbid,
and the enforced idleness during the
1, long winter months increased this
tendency. While our crops tribu-
tary to Oakes have been light there
has been no failure, and farmers ar.
busy as can be getting their ground
ready for the spring seeding, which
as rule is done in March and April
} They tell US the ground has no
been in as good condition Gull o.
moisture) for five yeats, and all ar,
looking forward to beuatiful har
!, vest in 1891. Parties in the crowd
ed East who are renting and farm
i ing other peoples land can com
here with $500 to one thousand dol
3 lars and buy a farm of their owr