Lincoln County times. (Jerome, Idaho) 1911-1919, 1913-02-27
AOITATIN0 REFORMS.
ea,,. New Methods Must be Adopted
that will Make II Easier for
the Farmer.


finn being started in the daily press
of the state for the relief Of the set
,ers and those who have come here
~ develop the untold resources of
our great state. As we stated last
week the hue and cry has always
gone up from the state house that
capital must be encouraged, but not
= word in favor of the settler. The
agitation in favor OF the betterment
e the man on the land has hereto
fore been confined to very few
weekly papers located ON some Of
the leading segregatlons, and this
ooitation has been met with frown
on ,he part of some OF the state
officers and irrigation companies,
that capital was in this way being
driven from the state.
We have often pointed ont inI
these columns wherein immigration
IN the state was badly hampered by
the lack Of Consideration shown the
settlers in their demands for re-
forms by previous land boards.
Although we have been often CEN
snred for our sentiments in this re-
card. We are pleased to note that
these same sentiments are being ex-
pressed by some Of the state officers
As well a. other newspapers IN the
state. Under the title Make II
Easier for Farmers the Boise
Statesman of recent date says edi-
torially:
1t is possible in other countries
notably Germany, France, Denmark
and some Of the English colonies, ,t'
place securities based on farm land'
upon such conservative basis a Il
negotiate loans at 1 per cent inter
est and ON 80 years time.
1t is admitted, however, that il
each locality varying conditions de
mand different mcthod- Of applying
the basic principle and that cacl
must be- studied ~ to it, spccia
needs. Therefore the plan opcrauv
in Germany might not be desirahl
as a whole in Idaho.
1t is fact, though, that ldah
cannot make progress under tn
present unsatisfactory methods
handling loans for irrigation an
other betterments. There are surel
public spirited men who would CIV
their services on a commission II
siitutcd FOR the purpose OF iorm'
lating some plan of placing our s.
curities on a more liberal basis i'
the land owner one that would gl'
the settler the benefit of amortlz
ton or payment through a sinklI
fund-liquidation of mortgage II
debtcdness on such small annu
payments, and at a low rate OF D
terest, that the payments would II
be, AS at present, a burden retar
ing improvement and discouragll
all those who 1esirc to. progress.
Let us presume case OF l"'
Of $1,000 or an Indebtedness OF I'll
amount under the Carey act.
present the settler must pay ten
OF the total each year at 4 per ce'
making his payments at the out
around $500 year, and not
from that for the entire perl'
Under the l0-year plan at !
cent which he could take advant'
of Immediately upon making pro
his annual payment (interest a
sinking fund) would toe s325, lei
ing nearly $500 a year for lmpro
ments. That would furnish
best possible inducement for rec
nation Of our arid land. Simila
farmers operating improved pa
could get cheap money under
cumstances that would remove
heavy weight carried by many
them today
As we have before stated, the
ands of settlers are already here
The invitation Of the state, ana
until tbn,, r, ,,tx.ap nrnnpr con