The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1910-02-03
The Independent Farmer
DEPARTMENT DEVOTED 70 THE INTERESTS
Ii MOST IMPORTANT MINISTRY OF THE NORTHWE -

ulation IS made possible with money.
This money Il furnished mostly BY
the laboring and farming GLASS Of this
country. Primarily, ali wealth has its
origin, from. products of the; soil. and
labor for its production, transporta-
ton and manufacture,
From the earliest historical rec
ords down to our. day, we learn that
man, in every, class and under all
conditions, is, and has been a gam
bier. The most. fastidious and re-
spectacle form of gambling has beeR
termed insurance. Under that name
one. man for a certain consideration,
CANDLES that ship. shall make safe
trip, that a house SHAH not burn. or
that a certain man. shall, not die. The
other man bets that it will not do,
these things, when,, as a, matter of
fact from the interest he has in this
property and in his own life, he is
really aiming for the same object as
the man With,,whom he bets. This,
gambler who insures another mans
life or property does not produce one
iota. He makes his living from his
bets. His bet lis always safe and av-
erages IS cents on the dollar profit.
In time and with increased business
he must find a profitable use for his
money. Every day there is flow of
currency from millions of farmers
and laborers gambling on their prop.
erty and lives, to the terminal of all
ganlbiingA-New York.
( This is the modern Sodoma, the in
dustrial parasite center of 10000, 900
OF people, WhoH humbly. worships the
calf Of gold-Mall street. They wor.
ship it when they send their hard
earned money in insurance premiums.
These premiums have already as
sumed the, proportions. of colossus,
and while 'rtheyr temporarily toucn
Wall street, the farmers wheat is
means of speculation, And while
We blame Wall street and the govern
ment for not 4suppressing this evil,
let US take some blame ourselves.
" Ahe tarmera' Equity society must
aim at remediaiGreforms rather than
eoercive, measures. IF farmers must
gamble Esoti.' their own property let
themNorgafize local insurance associ-
,atiDns: IN ifarmernhas no business, to
dst any 'one1 else gamble: on his own
life: If sheo has any surplus. money,
:he:'ea NJ personally invest. it, in his farm
equipment or adding more land to his
farm 1T isnfaE better and safer to
leaNu: anrtuninc,imbered farm to
widow than an insurance policy, that
Rlay he, fought and yitiated by a pref
udiced court and an able pettifogger.
Again the Farmers Equity must
aim to control line elevators, and
build large terminal warehouses at
important shipping points and CEN
tiers of manufacture of cereals. That
will tend to avoid congestion and aid
9runiform supply, and in Ne effort to
check the stream Of insurance prem
iums, the. society could establish !
bank in every state where people
with surplus earnings could invest in
choice first lien on farms, instead of
sendine:fheir money out of the. state
TO &N pafk i:of shafkA h bread anal
grain speculation. 49,
The Farmers Equity society has
great future. The state is dotted with |
farmers elevators and local insur-
ance sotletBs RI That; is the proper
beginning and will eventually mean |
the: industrial revolution: OF. this coun-
try: t3Gak] II ,tG:}31 II atss,s al
4 ~. &C. A. Arness.
I :i,tliisii ~. Maza, Md. II