The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1907-10-03
EDITORIAL COMMENT
Hard Time. Editorial.
Editor of the Independent.


Dear Sir.--I think your hard times editorial
in the last issue OF your valuable paper not
we'll founded, believing that yot appreciate the
value of exchange of thought will give you
nay ideas on the matter assuming Of course
that you will take them for what they are
~ chat money in the east has been tight for the
past Two years we will edmit, but that eve
ss6.ould expect hard times in the next year here,
7 see no reason Tor 90 thinking. Conditions
are different than in many previous years-an no
while q presidential campaign, Aefetntgre, aas
usually sxitatod the needle OF the financial coz
pass-Wa1l Street-considerabl TINS tme t1e
main causes for those periodical! cisteeoancsa -
removed, There will oe no agitation on the
money question and the Posso :et elec5,on o.
hind the throne thanks to the gentleman who
"a now at the helm-is eliminated, one man
looks al good to them as another now
Therefore can see no reason or excuse 1or
expecting very hard times in the near future:
believe the depression Of conditions IN the east
was the result Of an abortive attempt to give
the Roosevelt administration black eye-the
deal miscarried and the general cry in higher
circles now is ssCrisis over''-s'no grounds Tor
scare" etc. Things begin to look up there al
ready and the returning tide will quickly wash
away the little depression made IN the rock OF
sound progress by this class Of designing pessi-
mists.
II, according to an article in another part OF
your splendid paper, sthe farmers in N. Oak.
will receive more for their crops this year than
last.'' Why should we in N. Oak. have a scare?
Every year many thousands OF mortgages ma
ture are paid or passed along to tie next sea-
son; if farmers get more money this year than
usual for their crops are money loaners going
to suffer? Trust companies must place. their
money out, it cannot lie idle, being thoroly
scared of ''frenzed finance securities IS 1t not
hat Tr71cf vii
more than ever BEFORE that the best paying,
most certain investment or loan is N. Dakota
farm land?
AS a dog that suddenly sets up bark at
night will soon get every dog IN the nelghbor-
hood to barking 50 will pessmistic talk engen-
der force until all the people begin to use smoked
glasses. Ought not our motto always De, no
exceptions IF you can t boost don't knock
Yours for the bright side of everything:
g. d. Shaft.
The above undoubtedly refers to our leading
editorial in last weeks Independent Mr., Shaft
certainly must have taken our meaning wrong,
for we made a particular note that we did not
wish to be considered a calamity bowler, real.
ling that unless we did so, there might be some
who would mistake the import of the editorial
1t seems that Mr.. Shaft misunderstood us, for
no one can say that the Independent ever did
any s'knocking,' and the tone of this paper
has always been lust the opposite from pessi-
MYSTIC. We believe that in the editorial, we
gave the people good wholesome advice, back
ed up by one of the ablest bankers in the coun-
try, man who has handled money for many
years, and one who has given the financial sit
uation at this time, a very careful consdera-
ton. We merely advised the people to keep
free from debt as far as possible, and we still
stick to this bit of advice Many man has
gone under, because he found it so easy to pur-
chase the things which he could get along with
out. There are instances where man makes
4 - loh% nd rirrhf haro ic
where one should use extremely good Judgment.
Again we say, be certain that when you dOgO
into debt. you will be able t. pay out some
time Mr.. Shaft can you honestly say that
this is knocking? Is this pessism? We advised
the farmer to arrange his business so that he
would nave steady income, instead OF a con-
tinual drain on his pocket book? II you call
this pessism, then we believe you are mistaken
as to the meaning of the term. Can you give
us an instance when money did not tighten
Just before presidential election? Can you
honestly say that money is not scarce at the
present time?
Locally, money is loosening by reason Of the
crops being marketed. The farmers did not
buy very heavily Of anything last spring,
which was q good thing, and for that reason
they will have more money to pay debts con-
tracted during previous years.
If you do not think that there are q few mort
cages to be paid in Ward county, Mr. Shaft, we
will refer you to the register of deeds. Have
YOU taken the trouble to look at his books late
II? But youwill say, the farmers will be able
to pay out. We hope they will, and we believe
they will in time, providing they take the ad-
vice which we gave them in last weeks editorial
We have the utmost faith IN Minot and her
business men. We have the utmost faith in our
farmers aud the quality OF the soil, and the fu-
tnre of our crops. We have the most produc-
tive soil in the world. Farmers are able to cul-
tivate the land with less than anywhere else in
the world Thousands upon thousands have