The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1911-12-07

Nead-f fEsCeutrsNesa When Is tCits
: I've TER cent CT tae asssssett salus
Z 'soa vi a ctSy may be rot mere Tia
two or three Per cent OF ,h- asses
cd valuation OF that city after q Yea
or two OF growth. This Is also tru
OF village, township and county OF
eaniEattens. Very seldom, II eve,
are such bonds reenaiated.
Our contention is applicable a
well 10 first mortgage farm loans
for the basic relation is the same
Not more than thirty to forty percen
is loaned on lands and iuasmuch u
these lands have been approaching il
faiue for the past ten Yeas and viii
so continue for the next ten or TWEEN
~ years 10 ONE. thereby continually
increasing the value OF the property
covered by the mortgage. you car
readily See that western securities
are really the prime securities Of
the nation TODAY. Aud so they Will
continue TO be, for We have the soil,
the climate, the enterprise and the
scientific knowledge and ability 10
produce more a%bundantly than any
ether section OF the country.
The banks of the West carry
tAiS!4 lSSClNSS III lilc pdtihS Qt lllt
East. The great eastern insurance
Sn1 surety companies receive a large
portion of their premiums from the
West likewise other concerns. and
so in an objective business way the
East is near to the West but when
the equation is reversed and our
section, with its splendid invest
ment opportunities. looks toward
the East, the latter at once decides
that the West is too far distant for
such relations. This tendency which
seems really operative in the East
should be diverged and the relation
ship changed.
Certainly our securities should be
considered on the merits of heir
real value; not in regard to the num-
Der IF miles from South Dakota to
New York or other eastern cities,
out as TO the actual valuation sup
porting each and every security Ii
eastern capital will flow West for the
investment and at the same
time eastern people would find them
selves dealing in the very best and
safest securities there are on earth.
The Black Hills.
"i2 the western portion of
State We have u wonderful Back
the timber, mineral, and seem
IL resources of which are most wor-
thy IF consideration. 1t has been
said that the richest one hundred
miles square in the world are sit
uated in this district and, be that as
~ NOV t1,n ovforf nj thni. viphoc c.,r
at best be only imagined and that
the mineral sourc of the section
only been touched is without
question. The report CT the State
Mine Inspector for the past yea1
shows that the output of gold for
the reriod amounts to $7,625,506,
.anAing us third in the column CT
in this particular industry.
The Black Hills section of South
is indeed Il veritable wonder
land, OVERLOOKING with romance, and
with mystery, a lard of untold
wealth and %boundless opportunity.
is there a country of more
picturesqueness than this. In scen-
lie originality its beauty and gran
Geur may be equalled but cannot be
surpassed. lis mountains and VAL
leys. mirrored lakes anli turbulent
t.es.ns. its hot springs and majestic
cliffs, are the wonder and admiration
of al. seekers of natural beauty who
come to US. There Nature has been
largeness of riches i~ncalcu.able from
great mines of gold, from rich de-
of mica and OF tin. The swift
flowing streams are filled with noun
lain trout and other fish, small game
Is plentiful, the hillsides are clothed
in bounteous forests OF cedar, pine,
and spruce, and altogether the coun-
try is one stored with pleasant asso-
and prolific in health and
pleasure giving opportunities.
"With its unusual scenic beauty,
It's soil fertility, remarkable water
powers, equable climate. ana oppor-
.unities for hunting, fishing and rec
certainly the Black Hills
section of South Dakota offers every
of becoming not only al
rendezvous. famous through
the entire country but a happy
center as we'll, for nowhere are
here superior facilities for ideal
BODYBUILDING.
"To those in less favored sections
Who are seking a home or an ideal
of rest and recreation, in for
st or on farm, by lake Or by brook;
Who desire a seasons camp fot
themselves, their family and their
who yearI to visit and
Know the most interesting and in-
scenes i'll u country. to
hem We extend an invitation to
;ome to our Black Hills. the White
OF the West, for in them
here is no disappointment. South
keeps her promises.
Social Advantages.
This state offers as much to the
in the line OF social advant-
Iges IS many of the older states
The rural free delivery system is now
attended Eel all of the older settled
OF the state, and much CT
he new. The rural telephone wire
to be seen extending to practical
y every house where it is desired.
The matter Of education of the peo-
lie is receiving more attention than