The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1911-03-10
Seed Grain for
Needy Farmers
County Commissioners VIII Buy the
Seed Grain From the Nc
Lean Go. Farmers

lue county COMMISSIONERS tOOk
action Tuesday on the seed grain
proposition and arrangements were
made with Wells -Dickey Company
of Minneapolis to take $4,000 of
the bonds to run two years with
2 per cent interest. The board
had advertised for sealed bids and
three sealed bids were offered and
three representatives were present
in person to bid on the issue. The
representatives were T. L. Beise-
ker, of Fessenden, president of the
Washburn State Bank, Fl. B.
Brown, Of the Wells-Dickey Co.
and r. E. Funk, of the First Ma
tional Bank of Washburn, repre-
sented the Minnesota Loan & Trust
Company. None Of the represent
atives filed any sealed bids but urg-
ed on the commissioners the ad-
visibility Of considering open bids.
This arrangement was agreed to
with the result that the commiss-
toner's realized premium of $8Ol.-
so on the $4,000 issue and in adj
dition the successful bidder fur
nishes at his own cost lithograph-
ed bonds. The best sealed bid
was at par. This saving effected
by the commissioners will bring
the rate of interest down around 6
per cent. Among the counties
that have SO far sold seed grain
bonds have been Bowman, Will.
aims, Sheridan. Divide aud Ward
[and none of these bond issues have
brought better than par except
Ward which sold $4,000 issue
with a premium of 1862 and they
haye all drawn I per cent and in
most instances have been five year
bonds. The result of the sale in
Mclean county is certainly flatter-
ing, two year bonds with pre-
MUM of $80l.5 so, making the net
interest close to 6 per cent.
Close to 400 applicants for seed
have been filed with the county
auditor, but the commissioners are
of the opinion that there are pro-
baEly' others who wish to avail
themselves of the privilege and
they have postponed action on ap-
plications to March 20 and will
consider all applications filed at
that time. Anyone wishing to
avail themselves of seed grain
should get their application in be-
fore March 20.
The matter of purchasing seed
grain has also been deferred until
March 20. Sheridan county com.
missioners purchased their seed
grain in bulk early in February
ndpaid up to $l.1s for wheat and
48 cents for oats. Their plan is to
ship the grain to elevators and dis
tribute it from different towns, the
recipient getting an order for SO
many bushels of seed and will be
required to take whatever is hand
ed out 10 him regardless of quality
and at fixed price. There is talk
of the Mclean county commissions
ers adopting more business-like
method in handling, the PROPOSE
ton. There present plan is to a.
ward the applicant a fixed sum of
money and then let him do his own
buying get the best grain at the
best price obtainable. The COM
missioners, Of course, though, will
reserve certain required restric-
tions that are provided for by law.
This appeals to us as much more
satisfactory plan than the one
which Sheridan county adopted.
We know Of many Of our old set
tiers who have from 1000 to 5000
bushels Of wheat on hand in their
granaries, some Of which 10 1909
crop, and very choice seed. Wei
have heard it estimated that there
Is enough Of this wheat in the ooun-
ty IN the hands Of farmers and ele-'I
vators e supply all the seed that