Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1898-01-12

q
was not maxim any loans now, that
there was money panic and they had
decided not to make any more loans
for some time. 1 thought we could
see great piles of money inside the
wire fence that separated us from the
bankers, you know" At this he nod
ded.
"And l thought you said, jist as
plain as ever hear you say anything:
':Why liant you got plenty of mon
ey7"
"sYes, yes, we have plenty of mon
ey, but we are not 1oaning any at this
time say each banker, jist as though
they had all agreed to say the same
thing.
$50 Thought we travelled and trav-
e1ed and coaxed and coaxed, and we
couldn't git cent, as it were.
FINALLY I thought we was goin
along the street, both feeling sad and
discouraged. when jist in front of
Spring Bros. & Hodsworth's big dry
/
Bill Bowers of Sandyvil1e.
Hello, Gaskins,' says he.
"That was the first we had seen of
him. Our minds was so troubled.
eve stopped, and arter inquiring
about the folks, and the stock and the
meetin that is goin on at Center VAL
ley school house, he asked:
What are you dom in town.
"And thought you up and told
him about haviu to pay the mortgage;
and of our havin been to every bank;
and of our havin been told the same
tale by each banker, and then you
said, 4 guess, Bill, we will have to
lose our farm
"When he up and says, says he:
Why, Gaskins, haint you heer it?'
" Heard what?' says you.
Why haint you heard of the new
1aw?' says he. Why, congress passed
the law yesterday. was jist over to
the courthouse and they showed me
the kilograms
T" Why, what law do you mean,
Bill?' say You.
"Then you and Bill sot down on a
box and I leaned agin the house, and
says Bill:
Why, yesterday, lobe, they pas
sed law in congre authorizing the
secretary of the treasury to, at once,
have engraved and printed full legal
tender paper money to the amount of
ten dollars per capita of the popula-
ton IF the United States, and that
money is to be set apart, only to be
loaned to counties on county bonds,
and the counties are to git it at one
per cent interest. Then the county
treasurers are to lend the money only
on first mortgage real estate security
to the farmers and business men and
mechanics, at only two per cent inter
est, and when the man that borrows il
pays it back, or any part of it, the
amount of his payment shall be cred
, tied on his mortgage and as fast as il
, accumu1ates in the county treasurer
Office he shall forward it to Washing
ton and git it credited on the county
bond they hold. The one per cent
the government gifts is to pay for max.
in the money and keepin the books al
> Washington. The other one per cent
that the borrowers pay is to go toward
paying the county treasurer's salary
= and clerk hire. This money, lobe, is
: as good as gold, because the govern
meut agrees to take it for postage an6
SIGH. All you have to do, lobe, is tc
GO over there to that grand old court
= house, give your mortgage to the PEG
d pie of the county, and git your money
and after this you will only have t.
t pay two per cent interest instead Of
six or seven, and you kin save you
e farm
. "We11, Jobe, thought you and m,
and Bill Bowers went over there, anC
sure enough, what Bill told us wa!
:, true. The county treasurer told u.
that he would put our application OF
file, and as soon ashley git the money
: out and here, possibly in thirty days
- we could git ninety per cent of tn,
value of our farm, if we needed tina
much.
"And while we was standing Their,
a ta1kin to Treasurer Hochstetter
y heard George We1ty exp1ainin to Et
Walters how nice it was for person
S to be able to give mortgage to tn
people of the county for money to pa,
for home and then the county goil
that PERSONS security and gittin tn
It money from all the people of tn
e United States, and exp1ainin tina
there would always be jist enough
e money to do business on and no more
since the county would only borrow
II from the government when some Cit
it zen of the county had use for tn
money and was willing to give GOO
security and pay two per cent for il
h And, Jobe, thought you looked hap
pier than you kave for ten years"
O "We1l, Bet
''Hold on, Jobe," says 1. "Wel1,
. thought You and me and Bill Bower
= started up the street, and when w