Saturday news. (Watertown, S.D.) 19??-19??, 1913-07-03
BANK
SALVATION or THE STATE.
Every Farmer Should Read What
this Man Had 10 Say Il The
Bankers Convention.

That the fairness Of South Dakota
must devote more Of their time To /
stock raising and less to small grain
II they are to realize the fiil value /
OF their land, and that the siIo is the
key to the situation IN this state was
the declaration Of ]. w. Parnley uf
Ipswich in a very thoughtful and in
teresting address before the state
bankers convention here last week.
The address will be read with much
interest over the state. Mr. Parnley
said &
First Of all let us consider where We
are at and whittier we are going. The
last federal census showed that We
had practically $4,000, 900 people in
the continental United States AN hl-a
crease Of 81 per cent. during the pre-
ceding decade. Computing our in
crease in population for the future ais
I in the past with certain allowances.
made by the world statisticians, the
next census will give us practically
i115,000,000 people and in $50 200 ,Q00,-;
900. These figures announce the mag
lnitude OF the problem confronting the
lfar-sighted statesmen and economists.
| 1t is not problem of tomorrow but
Of today. Some in this audience will
istnl be in their prime when we mum.
Der 2o0.0 900. In that remarkable
! hook entitled 81 ighway of Progress
written in 1910 by Mr.. James ]. Hill,
4 the greatest wilderness conauerer 'of
i this nation, he asks the question,
5IttyNhere are our children to find stand
Ing room and the tens of millions OF
1.-The future a place for wholesome in
4 dustry Eomn entiig on this he
8 sagely adds, This Isl an Intensely
4 practical question. 1t Is immediate
/ For within twenty years we must
house and employ, in some fashion, ~
Ety millions of additional population
land by the middle Of this century q.
a time when the child now born will
i be in the prime Of life, there will be
q Approximately two and one-han times
as many people in the United States
4 as there are today @
4 Present conditions Iii the United
4 States as well as III the northwest
u give us pause and it is In order for us
n to make short inventory of our liye
& stock resources. The federal census
OF 1900 showed that we had SO .335, ,O0(
head of cattle. That of 1910 1862, ,00l
4 or a decrease OF SO per cent. Re
Il Gently the department of commerce
!, gave out comparative figures for The
nine months ending respectively Mar
i 81, 1907, and March 81, 10 13re removed
Il from each other only six short years
!. land the figures are still more start
ling. During the first period we ex
ported 20o,0oO,0o0 pounds of fresh
| beef. During the the latter period
4 100000. During the first we export
/ ed 100000 cattle. During the latte,
4, $4,000. We imported during the for
A mer period 12,500 head Of cattle and
I during the latter We imported $4,000
Il With these figures before lis it Is moi
4 necessary TO ask or answer the Dues
i tion, What of future prices of meat?
Il He who runs may read. What is true
i Of meat prices is true OF dairy pro.
j ducts. si
4 state simple facts with no bol-
a Duets, when / say that am address.
ing men Of affairs, men who have the
welfare of the state, the nation and
the race at heart, men who handle
4 dimes and dollars With the same care
as sums running into six figures, men
who have reached their present high
standing by hard knocks, whose word
goes far In the financial world as well
as in the home hamlet. To you IN
no small measure the public looks
4 FOR business advice and guidance. Let
us look the situation which confr0nts
us3 squarely in the face. We must
meet ~ soon, not late, notice many
lin this audience who came to TIE
great vest while the buffalo were stiil
Igrazing on the rich. native grasses.
You have seen the ups and downs
and downs and ups Of western devel.
opment and your experience has not
been different from that Of the pioneer
since the day that frst immigration
agent, Abraham, started out to view
the Promised Land. Our problems ID
the building Of q new country have
been full Of perplexity and disappoint.
ments and many have been the Will
o-the,wisps We chased apIy to find
that We we're going round and round
lin Visions circle still, Ne have
made progress; but now different
would have been south Dakota,s sta.
tion had We taken Il as nature intend
cSntinued = - j.