The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-03-07
Attack Failed
Upon investigation
Continued From page one.

III
1913. Owing to the fact that there
was oven 81, 900, 900 worth of stock
sold and paid for between the date of
the assessment and the first OF Feb
ruary, 1913, 1t rendered his statements
without foundation, and from the
mere fact that upon Dec. 81, 1912, the
Independent Harvester company had
on hand and in banks over $4,000 In
cash, which is shown in the financial
statement accompanying this article,
and proves c~onclusively that h reso-
luton was intended to be misleading.
Thrown Out by Senate.
Now, after taking into consideration
these facts. and others which are too
| numerous to mention, the committee
upon these resolutions defeated Sena-
tor Gilbert's attack by a unanimous
vote, and on the day following, when
the committee report was made to
the house of representatives, accord
ing to their findings n recommends
| tons a vote was taken to kill the reso-
luton and adopted without a dissent
ing vote.
What Co. operation Does.
To show what cooperation can do
for the farmers, a few years ago 200
of them started to build a plant and
manufacture a. line of farm machinery,
that by degrees has shown to the
point where today $4,000 farmers are
members of the Independent Harvest
| err company, and they have built a
plant the buildings of which cover
from ten to twelve acres of ground, and
through their efforts have produced
one of the most successful lines of
farm implements in he land. And
these 1900 men are by reason of their
being stockholders in the Independent
Harvester company enabled to buy
lit. S-na1Sr~a - rrfn@n thnt "a NJ fh
them from 10 to 80 per cent compared
to what they have been compelled to
pay for similar machinery purchased
from other companies, and as there
are upward of 1000 Of these members
located in North Dakota, it can read
lily be seen hat the saving to the
members in this state alone, will
amount to many thousands of dollars
every year.
A Great Business.
TIE Independent Harvester Co. now
have general distributing houses
located at Watertown, S. D., Sioux
Falls, s.. D., Omaha, Neb., Kansas
City, Mo-, Wichita, Kan, Oklahoma
City, Ok, Sherman, Texas, Des Moin-
es, Ia, Minneapolis, Mimi, Madison,
Wis, Kalamazoo, Mich. Indianapolis,
lid, Billings, Mont, Plano, Ill, ind
Fargo, N. D, and they also have local
agencies established in many towns
throughout each state, and are
establishing more agencies as fast as
their capacity will warrant; and it IS
only at matter of time, until there will
be no section OF any state, that can
not, be supplied with this great line
of machinery at greatly reduced prices
TO the users. .r ..,
From these facts it is easily seen
why many attacks have been made On
the Independent Harvester &c. by
it's enemies. and It is also easy to con-
ceive that many attacks will be made
upon it in the future owing to the
fact that as times goes on and its
goods become more generally used
throughout the states, and more of
them sold. the less the other COM
panies will have opportunity to sell.
Financial Statement.
The fact that the Independent Har-
vester Co. gives to, the public its full
and complete financial statement
according to the audit Of Warwick,
Mitchell, Peat & Co., chartered ac-
countants, assisted by w. H.. thinner
man & Co.. engineers, of Chicago;
proves ~conclusively that this great in
stitution, differing from its rivals,
courts the fullest publication Of every
item of it's business. 1t has nothing
to be ashamed of; on the contrary 1t
is proud to present this exhibit of
what has been accomplished by in
dependent means, while at the same
time saving thousands Of dollars to
the men who have bought it's prod
utcs.
The personal attacks. of J.. F. Gala
han, an attorney Of Casselton, n. ID.
and others against the Independent
Harvester Co. the first great Farmers
Co-operatiVe Co. to manufacture farm
machinery in his country reminds the
thinking man of the little dog that
runs. to the railroad track whenever
the train rushes by and barks and
banks and barks.
The Independent Harvester Co.,
Plano, Ill. Balance sheet as at Dec.
81, 1912.
Fixed assets as appraised by W. H.
Zimmerman Co., Chicago:
Real estate at Plano On
Guiding 120 acres farm
landS) IzI,54S' UU
Less mortgages thereon. 31,300. 90
eO,O4s. 90
Factory, office and farm
buildings, houses on fac
tory site and new plant 236,217. 90
Machinery, tools, equip
ment, patterns, jigs and
dies ....s... 16Z,US5 90
Furniture and fixtures .... 10,205 90
Branch house equipment. 4,074.S9
Total fixed assets, as