La Junta tribune., 1914-05-09

Dss1ssiek d iasuel : rsysl lserss -
abanG thaee oun1Fs = Asys lAn6e1
egeoeeo = SEIZURE eayetal ssesssafy -
sUv1ve tAs1s agsscultusai iatsess4s ~
)eon1ng tsosehss = ssesEias eoeD
esafive loaA- Whfls q Int thess
boane vess esaato1 . ualy ths ovn-
- q ~ lares estate thia systeo
- afoorvar1s a1aDesd - that Tie
enal1os MD ovnes coal1 Dseot b Il.
~ eWnar vAo Wishes % ssessH .
lean g1vee . 0oeseAes b ~ assoeia-
aea- He = required 70 ~ Interest
= ~ Ssts ef hon thrss anl hal1
= bD9S ~ eeat- anl nAy besrov -
= tvothir1s q ~ valve cf ~
taSD. TAis valuatSoa u asrivel q ~
eaDeta1istng H. ineo0e which ~ eaa
~ - isen n.
h b eAAsaeeseiseie ee EusupsqA
enaneo tAat ~ fAsn valuss ass 11o1
hsoely ~ ssAsi1ssatica Of u acenal
earning eapae1sy q eaeA fafn. ADDar-
eotly tAe De1eo which Q naighbosine
0sD ~ bsiaG has httis 70 q With
ths valse Which b plaesd upoa aay
particular fnSa- The theory = anl
Il sssms % b sossd. that The valse
of the fAsn b Dot % nseA vhese u
lSss - u is What wtll Il cara.
whea the association has groap
q tAeee nost&agee II pledges then
b. trust 6sed. and issues . ssriss
Of boaAs secured By the pledge Of
the 0ortgaees. These bonds are thea
sol1 and usually bear an interest Of
nom three 10 three and ons-half Der
csat Ths association not oaly p,sdess
tAs assoeiatioa itself 70 that II
sense every member Of the assoeia-
ttoa 10 hack Of the bonds. These
bonds have always brought Q good
Drics evsa in Tie most dineult timss
financially.
TIE ~ortsass givsa b. he land
owner 70 not due at the end Of . Ger
tain number Of years. st which time
the entire principal must b. paid -
are American farm marriages. In.
stead they run for from twenty TO
sixty years With IN agrsemest incor.
pointed into the mortgage that each
year the farmes shall pay Q certain
sum Of money which shall include In.
tesest and . small instailment upon
the principal. In this way the mort
gasor gradually pays Oh his mortsase
paying little more than the amount
which would In America BE- required
- interest alone. The chief advantage
70 the farmer 10 In this fact that he
10 allowed to pay Oh the loan By max.
i09 anall animal ~ ~>-l..~s>a go
msnts. Other advantages are that he
Will never have TO renew the mort.
gage which will continue to run until
the paymsats have cleared the farm
of ths 6e6e: ~ will never BE- CON
peISed 70 ~ any ressval eoQnio
eaoe. es6 yin aovss have y - % ~
e1peass o. bsiagins aovn he titIs o.
hsvins II e1anined every two yeass.
- y oooe un1es our Americas oye
ee0.
NssMsssa aa1 oshulss oslltnssh.
Ths Rst1sses aal 0ehuise Dslitsseh
eaaks asO smaller eonnuaisy iooeitn.
etoas. oseasiss1 upon ths eooessative
e'as. asd are Dot opssatsl for Des1s
% ths investor. Rstassea easks %.
seets ncPs particularly 10 ~ eoun-
~ While 'the 0eAulse- -Dslitssch haaks
eoesate largely IN uFban eomouais1oa.
JAs Rsioesoa b ths most purely ..
operative While the Rsi9seoa hanks
leas nossy Tor . ioas Dssiod q tias
tAsy % aos ssasrally loas ses - Doas
Q DesSod q dine - - The Lan1-
seAaftsn. TAsy receive deposits mon
tAsar Deoeees. Dayins thso inteseoe
= . savings baaks. Ths eas q
Casesl. Germany. whicA 90 - eassa
- . fAiP representative q Ne type
eAarges ~ ~ ceot = GAeet tiDe
Soaas. Thsy pay ~ ~ eeal - -
DesltA Which ere lsfs VIII thso sse
- agreed Ieas pssiol q tins. 90
= Def oooe - Deposits leel ~ .
eoestee toA lt b fesal heveves.
ehas ~ soes - Interest vasies h ~:
eeeoot Daoeeo. 0inee theee baaks 0uoe
oest ~ eeoDeeitiea q ~ jnans
seeek ~ eaviaes baaks b saeA eoor
asaity. Tbey essssslly sss ahss -
ee0Oees s1eeessfully ~ ~ soaooo
thsir sspeasss sse vesy tghe .Shs1s
eocess u0ually oesving vithous oa1osy
~ G1ses thsy - ~ ~ y oahe
asy asBe Deeots - ~ = ~ -
veeeesS - - tAe eeAes baa1n.
e 00ou.
Tbe koee SufAl eeo1k svueo0 = -
veese. 4 asena1ly b eoefotieo vOuD1
~ Deovo . ensoall ~ e9 Desosoe
susal ajl0entA Il vsslA ~ - yeu
eayvAseA ~ fns0es ~ - -
0eeiaee1 . loas aDea ~ asse lnves.
aeoe tee00 - 0n1e - astual -
vaaee. H = ~ vhsss ~ ~ -
~. q ] - Suno1ag . loGlng bos1-
ooao ~ 0oso 0ooaV bessov -
vespe = q. y ! - ~ DsD1oe.
~ . ~ Dso1noe vA1e1 ! - ~.
~ soo1olv - osootaoly. ~ ~ !
~ ~ - bueloees - bslses. nusal
OguR V0E1um - 0Gw0DR - -