The Tupelo journal., 1908-06-05

you can take your wife, daughter or
sister and spend the week t the A. &
M. 1t will be q great event this year,
and the beautiful surroundings will
make it the most pleasant and profta-
BILE place in which to enjoy an outing.
Remember the "Round-Up and be on
hand. Director Lloyd will furnish full
information concerning the event later
and it will be given publicity in this
department.
Mississippi needs cheap money for
tho purpose OF developing her splendid
resources. Millions of dollars have been
sent North and East every year for a
long time for life and fire insurance
that was loaned up there at a very low
rate and used to develop that section Of
u country. Practically none Of it has
been invested in the South, although
u lands afforded the best security
possible. Suppose that the farmers OF
Mississippi could get money at five, six
or seven per cent for the development
OF their lands into improved farms?
Would it not work wonders? And
these very lands are the best security
that the world produces. Their values
are not subject to luctuation as are the
bonds and stocks that r commonly
invested in by insurance companies for
the protection of their policy-holders.
The Insurance Field OF May IA, the
leading insurance publication of the
United States, forcibly demonstrates
this contention. In a table officially
published concerning life insurance
companies, their business, earnings,
losses, etc., it presents these remarkable
facts: The three big New York com-
panies, the Mutual, Equitable and New
York life, show a great reduction in
the value of their securities during the
past ~eventful year. Theirs are solely
stocks, bonds and like securities. The
Mutual shows a decrease Of IA per
cent. the Equitable SO per cent, and
the New York Life So per cent. There
is only one company that loans upon
lands Mississippi lands that the
writer is acquainted with-the Union
Central of Cincinnati. This company
has fifty millions loaned upon lands,
n million of this being in Mississippi;
and this same table shows that the de-
crease in its securities for the past year
was only one-tenth of one per cent.
The Union Central on Jan. l had
loaned on lands in the immediate vicin-
ity of Mississippi 50, $4,000 in Texas,
81, $4,000 in Oklahoma, 81, 1926 900 in
Tennessee, $4,000 in Mississippi.
1851 900 in Louisiana, 100000 in Ala
bama and S494 900 in Arkansas. And
the decrease in values during the pan
icky year just past was only one-tenth
OF one per cent in comparison with the
enormous shrinkage shown in the state
ment Of the three big New York CON-
panies mentioned above who take
stocks, bonds, etc. The writer has no
interest whatever in the company men
toned, does not carry q policy with it
even, but does commend the manage
ment for their wisdom In loaning it's
funds upon Southern lands for the de-
velopment of this section of the
try. The wisdom of this cours is
plainly shown in the statement pub
lished in the Insurance Field. Other
companies should profit by this expert
ence and invest with us a portion at
least Of the enormous sums paid an
nually by our people for protection.
This has been the writer's contention
in Greater Mississippi" for the past
five years.
Application was made at this depart.
ment a few days since for a veterinary
surgeon to go to a county in the State
to investigate a suspicious disease that
was killing the stock. The department
has no surgeon that can be used to an
swer such calls. The Live Stock SAM
tary Board, OF which the writer is
chairman, has as a member the profess
sor Of veterinary science at the A. &
M. college, who is by virtue of that
position State veterinarian. However,
his services are always in demand at
the college, where regular classes are
taught and the State stock to look
after. There is a just demand for COM
petent persons to attend to just such
cases. 1t has been suggested, and with
good reason, that the Live Stock Board
be authorized to appoint assistant vet
erinarians at different points in the
State, and that these veterinarians be
sent in response to demands in their
immediate territory, they to be paid
for the time actually in service. This
plan would be economical and much
more effective than having one man
to attempt to cover the entire State.
Travelling expense would be proper
tionately lessened and the man could
be gotten on the ground much quicker.
The Importance of this demand is de-
serving of attention at the hands of the
Legislature when it again assemblies
two years hence.
Automobiles are coming into more
general use in Mississippi than former
ly. Yazoo City has a line that takes
the place OF a street car system and fills
the bill comfortably. Jackson has a
line recently placed in operation that
carries passengers to Clinton, Raymond
and Cooper's Well, and when the
weather is good has more than it can