The weekly times-record. (Valley City, N.D.) 1912-1922, 1915-01-14

I'VE "02S\@v UW0O-sSOOOt ~
in our state penitentiary, many miles
of good road can be built each year,
while under the present practice Of
distributing the money back to each
county in small sums, the money does
but very little good.
Dourine.
The Federal and State Governments
through their veterinary departments
have made a strong effort in the past
year to stamp out dourine in North
Dakota. Many horses have been killed.
The Federal government agreed to pay
and have paid one-half of the claims
presented to cover the appraised valu-
alton of the horses killed, with the un-
derstanding that the Governor would
recommend to the legislature that the
state pass an appropriation bill to
pay the other half. AS Governor Of
the State, l agreed to this and in full
fllment of my promise recommend
to this legislature the passage of an
appropriation bill sufficient to pay the
states share of the dourine claims.
feel that these claims are just and
should be paid.
Lever Bill.
The so-called Lever Bill is now a
law and, under it North Dakota is en-
titled to $4,000 year for farm extern
sion work. Each year the amount Of
money apportioned to each state be-
comes larger, but we can only receive
this additional money by passing an
appropriation that shall meet the con-
ditions imposed by tho Federal gov
eminent. I wish to call the attention
of the legislature to this subject and
to ask that bill be drawn to meet
the conditions of the Federal govern
ment and any member of the house or
senate interested can obtain copies of
the Federal law and what it proposes
to do at my office.
School Lands.
A certain amount of school and in
stitutional lands should be sold each
year, not large amount, but some,
wherever the crop conditions and f.
nancial conditions warrant, so that
gradually these lands will be gotten
under cultivation and will pay their
share Of the taxes for the support of
the state. In addition this would give
to teh state very large fund to loan
to the farmers of North Dakota upon
their farm mortgages at a moderate
rate Of interest. BY doing this l be-
lieve that we in North Dakota can
solve the so-called farm credit propo-
sition. I know of no other way by
which we can obtain a large sum of
money at low rate of interest and
make it available to our farmers upon
mortgages on their lands.
In the past year the board of Uni.
versity and School Lands have loaned
large sum of money upon farm mort
cages. They have endeavored to ex-
ercise care and judgment and l be-
lieve that the loans have been uni
formly we'll made and the loaning of
this money has been a great help to
the people OF the state, but the
amount of money the state has now
for loaning is limited.
When the state loans any of the
school funds upon bonds or farm mort
cages, it should require that after the
bond or mortgage shall have been in
force three years that one-tenth or
one-twentieth of the principal be paid
each year. This would give the state
a revolving fund and many more ap-
plicants for loans could be cared for,
and, as principal payments were made,
the loans would become safer.
The bulk of the farm mortgages of
North Dakota are held outside the
state and when we pay the interest on
those mortgages the interest leaves
North Dakota and never comes back
unless it shall be reloaned to US, but
when the money is loaned by the state
from the school funds upon North Da-
kota farm mortgages, the interest is
paid into the state treasury and is
paid outfrom there to help maintain
and support the schools of the state,
thereby reducing the burden of school
taxation and we keep the money in
the state and a people always prosper
j where they keep their money at home.
Then again. when interest rates are