The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-10-07
Notice to Taxpayers.


paid in October to avoid the S per cent
penalty which accrues November l. II
not paid, real estate will be advertised
in November and sold for taxes the first
Tuesday in December; and all personal
property taxes for 1896 and prior years;
must he paid before November l, to
avoid sale for said taxes.
All 1887 taxes will be due November
l, 1897, and will be received by me on
and after that date, at my office.
All 1897 real estate taxes become de.
linquent January l, 1898, and the penal
ty Immediately attaches; but the per.
sonal property taxes for 1897, do not be.
come delinquent until March l, 1895;
when the penalty attaches.
Dated Sept. 80, 1897.
S. H. NELSON,
Treasurer of Steele County, N. D.
Cooperative Ranking for Farmers.
The American Agriculturist, of April
A, again discusses editorially the 'ena
tire feasibility of cooperative banking
among farmers" "This can be done,''
it says, "by slight notifications of the
system of cooperative savings fund and
building associations or cooperative
banks, which has proved so remarkably
successful in American cities. These
institutions now hold over $500, 900
OF deposits anlare thoroughly demon
strated practical success. The Saxon
Land Credit association Ga report upon
which can be obtained by writing to
the secretary of state, Washington) is a
modification of the Raiffeisen system,
which in Prussia and Germany has
achieved the same success among the
working farmers of those countries that
the cooperative banks have achieved in
our American cities. The peoples banks
of Italy and neighboring countries,
based upon much the same plan, have
had marvellous success. A report Civ
ing further particulars upon the Saxon
Land Credit association has been pub
lished by the department of state for
free distribution, il which Consular
Agent Peters says with q truth that
can never be questioncd:
"What American farmers require to re-
levc them of the present financial strain
under which they are living is the power to
borrow at the lowest possible interest con-
sisteNt with their securities and the finan-
cial conditions in the great centers Of the
world. So long as they must borrow from
he local money lender they must pay q
nigh rate Of interest for accommodation.
It is this high rate of interest under which
our farmers are now striving and failing
that is responsible for the general unrest
and dissatisfaction. Remove the high rate
of interest, give them the same opportunity
TO use their credit as men engaged In other
business, exchange the present mortgage
on the farm for one with reasonable in
tercst, which the farmer can pay and have
something left for the savings bank. and
we will restore happiness and prosperity.
'"The question has been solved by the
farmers and landholders of Europe and
the solution of the problem did not con-
sist in the issue by the government of a
mass of debascd currency circulated
among the people at a fictitious value. The
end was reached by the farmers and land
holders by their own force and coopera-
tion. by the founding of associations which
is tlrae b+>eassss$e .I,eSTas.sr the land and
whose financial strength was measured by
millions of undoubted securities which,
the public was only too glad to invest in. u