davidaulloa/AmericanStories huggingface dataset:
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16
SCHOOL LAND SALE.

Probably no more excellent oppor-
the man with a little capital who
wishes to engage In farming, than will
be afforded by the sale which the
State Land Board at Boise, Idaho. pro-
poses to hold at Burley on April %.
At that time all Of the unsold state
land In the Minidoka irrigation pro-
ject will be disposed OF at public auc-
ton. About 5000 acres will be Offer
ed for sale, including some OF the I'm
est land on the project. The terms
are 10 per cent down, balance In 40
annual installments at 8 per cent in
terest on deferred payments.
Uncle Sam has wrought a marvellous
transformation In this section In the
last ten years. In 1906 the land con-
tract embraced In the Minidoka pro-
ject was a desolate desert waste con-
taining not one human habitation.
Today the tract presents the appear
ance OF an old developed community.
Comfortable homes, we'll kept lawns,
substantial barns. and other evidences
OF a prosperous community are seen
on every hand. The Oregon Short
Line railway ~traverses the irrigation
tract and furnishes Transportation ia
c%ilities, and four towns located along
this line within the limits Of the pro-
ject offer convenient shipping points.
The crops r diversified. and improv-
ed farming methods and Increasing
numbers OF graded and registered
stock bespeak a progressive commu-
MY.
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16

State Treasurer Eagleson has pro-
posed changes in the manner of max
ing state loans and their payment,
and the handling of the states funds.
In ONE respects his plan is identical
with that advocated by d. W. Davis for
the past several years. and in other
respects differs radically. This is a
Subject which will be discussed more
than n other during the coming
campaign, and one which should be
studied from every angle. The posi-
bilities of making Idaho taxless de-
ponds entirely upon the handling of
these funds. Mr.. Eagleson's plan is
as follows:
Idaho has over two and one-half
million dollars invested in farm mort
cages, bearing 6 and z per cent inter-
est, payable semi-annually. 1t has
about the same amount invested in
school bonds at the same interest rate,
and about five million dollars in land
sale contracts bearing 6 per cen in
terest, payable annually. In other
words, the state is getting about 6 per
cent interest ON over ten million dol
lars from the sale of it's permanent
endowment fund lands.
The state has still for sale approx
mately three million acres of endow-
ment fund lands, about seven hundred
thousand acres of which are covered
with me%rchantable timber. 1t is esti-
mated that when all this land and
timber are sold the state should have
upwards of one hundred million dol
lars to invest in farm loans and school
bonds.
This vast sum of money, if secured
and used for public benefit, as it ac-
cumulates, will control and lower the
interest rates charged in the state, in
the opinion of Mr.. Eagleson. In any
event, he states, present interest rates
must be reduced from time to time to
meet commercial rates. Why not re-
.duce them now, he asks, in order to
get other possible benefits?
The recent extension of time for the
payment of state land purchases from
16 to 40 years has greatly stimulated
their sale.
"How much more money the state
would get from the sale of its lands
by a material reduction of interest
and a longtime amortization of the
principal can only be estimated" says
the treasurer. "That it would be ex
tremely profitable to the state by the
none will even doubt, and that other
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16
STATE TREASURER DISCUSSES LOANS.
Would Change System of Making Appraisements, and a
= Material Reduction of Expenses-Amortization Plan of
Payments for State Loans Suggested.

lands would rise in value is also self
evident.
THAT every school district,
taxpayer and borrower of money
would be benefited is also just as
s~elf-evident. Every dollar of in
crease in the value of the states
lands adds Just that much more
to the amount of he endowment
funds which will carr interest for
all time, and as this interest is all
used for the expenses of schools
and the state Institutions, it re-
duces taxes accordingly"
MIR. Eagleson recommends the sale
of state lands on a 5 per cent basis
that is, 4 per cent interest and / per
cent amortization of principal.
The greaest handicap to agr!cul-
tural development, he points out, is
the high rate of interest that farmers,
merchants and manufacturers are
obliged to pay for money to make i'm
p%rovements. By mobilizing n hun
uitu DlllllOn lllO Odu III llt ntAl
few years at a low rate of interest on
the / per cent amortization plan, Ida
no would not need government aid to
get cheap money.
There are now between 1900 and
1400 farm loans on lands in almost
every county in the state. They range
from 5000 to $780, 900 and cover tracts
of from five to $50 acres. Records
show that the small borrower pays
both principal and interest more
promptly than the large borrower.
Bankers will agree that 10 loans Of
800 each are safer than one loan Of
800, based on equal security. Small
state loans are therefore desirable.
The amortization plan which he Of
fers is not new, says Mr.. Eagleson.
1t has been tried out successfully in
many states.
Instead of relying solely upon the
reports of appraisers, the state treas
urer recommends that county COM
missioners should report on the values
of lands offered as security for state
loans. They should be more familiar
with the values and they have assess
ments to guide them also. They like
wise e~qualize land values yearly.
County attorneys could pass Oh abb
s~tracts, relieving the attorney gener-
ais office of this work. Collections
could be made by county %treasurers,
being made a part of tax notices. The
county treasurer could have all tax
data at hand. In Ease of non-paymenl
similar procedure could be had as
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16

with the non-payment of taxes. The
counties mught be allowed an ap-
~praisement fee of 1 per cent for addi-
tional expenses.
By placing all school bonds. sale
contracts and mortgages on a 6 pei
cen semi-annual payment basis. 8 per
cent to apply as interest and the bal
ance on the amortization of the prin-
cipal, the state would actually ave
money. This would put all land sales.
loans and school bonds on a 36-year
basis. The purchaser of land or Dor
rover of state money would dispose
of his entire debt in SO years. The an
nual payments would be so light that
he could we'll afford to meet them.
The treasurer takes for illustration
a tote for $1,000. dated January l,
1917, at 6 per cent interest and amor
tization, payable semi-annually, which
would be $50 every six months at the
rate now charged. Instead of count
ing all of the $50 as interest each
time, the state would, under the amor
tization plan, take 8 per cent semi
annual interest on the new principal
semi-annually, and apply the balance
of the payment to am~ortizating the
principal, thus reducing the principal
each payment and also the moun
of interest paid, but increasing the
amount to apply on the principal.
Thus the interest on $1,000 at 5 per
cent for six months would be $25
which would permit So to apply on
the principal. This would leave 1895
on which to figure interest for the
$24.SS, and s5.12 to apply on the prin-
cipal. For the third period of six
months there would be s9S9.SS on
which to figure interest, or $24.75, and
1928 TO apply on the principal. Fol
the fourth period of six months there
would remain $9S4.63 to figure inter-
est on at 5 per cent for six months,
or $24.62, with $5.3S to apply OF the
principal, and so on for SO years,
when the principal is all paid.
"If laws can be passed giving us
this method of handling just the ten
million dollars we now have to loan"
says the treasurer, at will NEAR a
saving to the borrowers Of the state
of that amount of money every 36
years and the people will not have lost
a dollar. On the contrary they will
be saved much of the expense of han
ding their funds while getting them
on a better basis. / think 1t would be
wise to permit those school districts
having outstanding bonds, every n
who now has a state loan, and every
holder of a state land certificate to
come under this new arrangement.
and furthermore allow them the priv
ilege of paying a part OF all of the
principal at any interest paying date"
The state treasurer will be pleased
to hear from anyone Interested
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16
the country districts.

N't V'
The decision to take this action was
made yesteday afternoon at a meet
Ing Of the executive OF the Citizens
Recruiting league In the board room
OF the Grain Exchange, with Chief
Justice Mathers In the chair. The
meeting adopted the suggestions pre-
scented IN a report by Edward Ander-
son, chairman OF the organization
committee, Both the chairman and
Mr.. Anderson have sons at the front.
1t was decided that the league
would require $4,000 to carry on its
work, and subscriptions will be asked
from the provincial government, the
city Of Winnipeg, and from several
OF the large corporations.
The registration scheme IL to be
backed up by a whirlwind speaking
campaign, which Will open on Sunday
next. On this day every minister in
the city will be asked to devote n part
the services to an appeal for recruits
but not for any particular battalion
Canadian.
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16
HOW CANADIANS VIEW
OUR PREPAREDNESS PLANS

w. F. Jasmann furnishes the Press
with the following clippings from a
Canadian paper which show how they
view our plans for a greater navy. Mr..
Jasmann's father is a resident of Can
ada and writes that the Germans have
to be very discreet In their utterances
there, as the war spirit is strong and
a little ~indiscretion would lead to un-
friendly n~eighborly relations. which is
probably natural under present condi-
lions The clippings are interesting
as showing Canadian sentiment:
Two years ago President Wilson OF
the United States had more admirers
outside his own land than any other
man produced by that country since
the days of Abraham Lincoln. Many
people have been bewildered by his
attitude on many vital problems since
that time, but the greatest surprise
of all lief in his recent declaration that
he United States should have 'incom-
parably he greatest navy in tne
world"
Few people realize what the Pres
ident's declaration involves. Today II
costs the United States s145, 100000 a
year to maintain her navy. II would
cost her fully seven times that amount
or over 1000, 000, 900 a year to main
tain the greatest navy in the world"
along with the merchant marine nee
essary to coal. provision and supply
II. This would be the amazing SIT
uation providing Great Britain were
prepared to stand by and allow her
self to be overtaken. But such a
prospect Is unthinkable. The United
States would wake up ten or twenty
years hence to find Great Britain as
far as eve In the lead and the world
would witpess a repetition OF the
Kaiser's mad race for naval supre-
macy only on a more colossal and
more ruinous scale.
The president feels II necessary to
give some justification for his Wild
dream and he draws attention TO the
thousands OF miles Of American sea-
coast and states that no cher navy In
the world has TO cover SO great an
area of defence. Stun and D%oDsence!
The British navy has TO cover a ten
fold greater area Of defence. More
over Great Britain has TO feed 49,
000. 900 people almost entirely with
imported ~food-stufs. With Great
Britain Vt 10 naval supremacy or
prompt starvation. The United States
has absolutely no need for the great
est navy in the world.
The d~isagreeable truth Is that the
president has toyed with his watch
full waiting" policy and with his coun-
try's honor until the American people
are up In arms. He finds his political
strength shattered and is plunging In
10 insane attitudes In a frantic effort
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16

New Spring hats Of the latest styles
have Just been received at the Vogue
Millinery PaEaors.
See the Queen Incubator at Oliver
& Mckown's.
American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-03-16

to stay the slump In public opinion.
Had the president played a holder
game from the start and accepted his
share of the burden to bring about
world disarmament 1t had been better
both for the United States and the
world. His "greaest navy" program
will render hopeless the cause OF dis
armament at the end of the war and,
II persisted In, II will one day bring
a clash between the two great divisions
of the Anglo-Saxon race that Will be
%ruinous to civilization and to demo-
cratic progress.
The Canadian finds II impossible to
believe that the president Is serious.
The conversion Is quite too sudden
from the man Of peace at almost any
price to the warrior OF such colossal
programs. We do not like 20 be un-
charitable but We are reminded OF
.C~leveland's Venezuelan message and
are inclined to think that Wilson, too,
is ploying politics. II SO, he is play
ing with fire. The lingo element In
the American nation will respond to
his appeal no matter how wild and
dangerous II may be. 1t will be well
for the American nation and for the
future OF the worlds peace II Wilson's
greatest navy" policy and Wilson
along with It, II need be, is thrown In
to the discard.-Camrose Canadian.
Winnipeg awakened with a jump
yesterday to its full responsibilities In
the var when a meeting OF the lead
ing business and professional men de-
cided to put in force the Lord Derby
scheme OF voluntary registration. The
city will be divided into districts, and
order to secure the name OF every
male from Is to As years Of age.
Fifteen thousand recruits are wanted
there.
These men will be divided into three
classes as follows:
Glass 1.-Unmarried men and Wild
overs without children between the
ages OF IS ahd 80 years.
Glass 2.-Unmarried men and Wild
overs without children between the
e OF 30 and As.
Glass married men and widow
ers, with children. between the ages
OF IS and As years.
The various classes will be urged
70 enlist In the order named. All
employers OF labor will be asked to
make a return giving full information
OF the men In their establishments.
A system Of badges to be promin-
emily worn will advertise to the world
those who are unfit DR. who are en-
gagged in necessary labor. In fact the
men OF the city are to be marked and
classified in the most systematic man
ner. 1t viii take an army OF men to
do this work, but there are plenty OF
volunteers among the older business
men. When the city 10 completely
organized attention Will be given TO
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
MILL CITY FIRES DISASTROUS
One Dead. Another Hurt and $780, 900
Damage Done.

Minneapolis, Sept % - One man
was burned TO death one other seri.
ously burned and property estimated
at 100000 destroyed by two fires
here
Hans Christianson, stableman EN-.
ployed at the Campbell Livery com
pany's barn, 1929 Central avenue. was
burned to death when the building
was entirely destroyed Twenty-four
horses were burned
The origin of the fire is unknown
The barn and it's contents We're val
ued at S35 600 The horses which
burned were valued at $4,000. The
fire had obtained considerable head
way before the flames were discoy-
cred.
A second fire, occurring at the same
time, completely destroyed the plant
OF the Foster Robe and Tanning COM
pany. The loss on the building was
estimated at $4,000 and on the CON
tents about 100000
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
WASHINGTON LEARNS
DETAILS OF VILLA RAID

Washington Sept %. r. An oiiicia
account of Villas raid on chihuahua
City received at the war department
from Brigadier General Bell at Fl
Paso, Tex, says the bandit chief cap
tured some OF Carranza's artillery and
sixteen automobile loads of arms and
ammunition, liberated 200 prisoners
from the penitentiary and made of
after being joined by from ] 1000 To
900 soldiers OF the Carranza garrison
According TO General Bells informa.
tion Villa himself went OF the gov
ernor's palace and made a speech
from the balcony after his forces had
captured the palace, the penitentiary
and federal buildings.
General Bell expresses the opinion
that the raid was completely success
full and that Villa accomplished even
more than he said he would Treyino' S
personal guard deserted him, it ap-
pears, and in the confusion many GOV
ernment soldiers were killed by their
own comrades
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
GIRL is ATTACKED,
SHOT, TIED TO TREE

Bemidji Mimi. Sept %. r Sheriff
Charles Gunderson of Itasca county,
With posse Of more than 100 armed
men. is searching the woods in the vi
cinity of Round Lake school, Good
hope township. for an unidentified
man who assaulted and shot Olga
Dahl. nineteen-year.old teacher of the
school. after tying her to a tree near
the school building
1t is believed the man hid in the
woods and attacked the girl when she
came from the building at the close
of the days work She was found.
tied TO a tree, twenty-four hours later
by persons who began a search for her
when she did not return to her room.
ing house
She is suffering from two gunshot
wounds in the face and ather in
iuries II is believed she will die
Owing to the nature OF the country
in which the sheriff and his posse
are searching little progress has been
made.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
TEUTONlC FORCES IN
RETREAT IN BALKANS

London, Sept 23-Under heavy
usso-Roumanian hammer blows the
Teutonic forces in Dobrudja have fall
en- back more than five miles and are
still in retreat
The Bulgarians are burning villages
and rayaging the country as they fall
back. The capture of Szekely Udvar
hely, an industrial town Of about 5000
inhabitants, forty-five miles inside the
Transylvania frontier, is officially an
nounced.
Sofia dispatches admit the German
Bulgar attack against the Roumanian
lines have been heavy and that the
Roumanians have gained little
ground at some points
The defeat of Field Marshal Mack
ensen in the Dobrudja invasion ane
the check administered to the Austro
Germans on the northwestern frontier
Of Roumania has caused a renewal OF
the demand here for a settlement OF
affairs at Athens.
1t Is no longer any secret that the
new Greek cabinet is not regarded as
favorable to the allies. English CORE.
spondents at Athens cabled that ii
was highly improbable that the allies
would be able to enter into cordial
relations with the new ministry.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
HUGHES SPEAKS IN
MANY INDIANA TOWNS

Richmond, Ind. Sept % 1t was a
voieeweary Hughes who started out
on his second day in Indiana His
voice was dangerously near the break.
ing point
Emphasizing that he stood for ad
equate protection for the young and
that the present Democratic child Ia.
Dor bill only affected 10000 out OF
100000 children Of the nation, the
Judge added
III our friends on the other side pass
child labor laws in the states in which
they are absolutely in control there
would be no child labor in the nation
Just now they can't pose before the
American people as the special friends
and champions of children"
One issue which took particularly
with the audiences was that as to pro.
lection of American rights at home
and abroad and his declaration that
weakness and vacillation of this
kind breeds disrespect" Because Of
popularity of this line of argument.
the governor used 1t a number Of
times in rear end of the train speeches
Starting from Richmond the days
program included speeches at New
ton, Frankfort, Kokomo, Marion, North
Manchester Warsaw. Goshen, Elkhart
and South Bend
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
SHOULD PREPARE FOR
INEVITABLE REACTION

New York. Sept % American
business men. aided BY the federal re-
serve bank system. will be able sue.
cessfully TO withstand the shock OF
European competition after the war.
in the opinion Of Charles Hamlin, gov.
ernor Of the federal reserve board
His views were expressed at the an.
nual dinner Of the Institute Of Ae.
countants
Il estimate that the wealth of the
United States has increased during
the last two years by $40 900 000, =
he said Bank deposits have increas-
ed between six and seven billion dol
lars, and the stock of gold has increas
ed more than 500. 100000 Since the
first Of the year the importations OF
gold have amounted to $500 100000
No nation in the world has ever
enjoyed the prosperity that this coun
try now enjoys
Mr. Hamlin said he felt this time
was one in which American business
men ought to be conservative in order
to prepare for the inevitable reaction
Commenting the federal reserve sys.
TEN. he said that in the future no
business man who deserves credit will
fail TO get IT,
"Neyer again will this country see a
collapse Of credit such as We have
often seen in the past" he declared
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
BANDITS BEAT VICTIMS FEET
Introduce What They Call New Hooi
Treatment"

Minneapolis, Sept 23 - lntrodueine
what they referred to as the new
"hoof treatment" Minneapolis rob
bers attacked Victory Johnson near
the Mississippi river, in the Mill City
and splintered bones in his feet Ly
clubbing him on the pedal extremities
until he produced his money.
Police officials prepared for an in
sanity hearing. later when they saw
Johnson walking on his hands dowr
the stone steps at the station to re
port the robbery The robbers obtain
ed $50
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
PLACE EMBARGO ON FOOD
Petitions TO President Calling for ES
ira Session of Congress.

New York, Sept 23-Petitions ask
ing the president to call special ses
sion of congress to meet the increas
ing cost OF food by placing an embar
go on foodstulf expectation were dis
tributed among 10000 retail grocers
bakers and other small dealers
throughout the city.
Efforts will be made to get the pc
titions signed by 100000 consumers
The Master Bakers association
which launched the movement here
has decided to make a nationwide
campaign.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
LEADERS FAIL IN EFFORT
Hungary Diet Rejects Motion for Con.
vocation.

London. Sept 23-The Hungary
diet has rejected the motion of Counts
Andrassy and Apponyi, leaders Of the
opposition. for the conyocation OF the
delegations. according TO a Budapest
dispatch
The demand OF the conyocation OF
the delegations, bodies which consider
affairs which Austria and Hungary
have in common. was the climax OF
the vigorous war which has been
waged against the administration
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-09-23
Oysters Killed by Millions.

Baltimore, Sept. 23.-More than 2,
100000 bushels Of oysters have beer
killed by an unknown blight on the
vest beds in the Chesapeake bay. One
theory is that sea nettles have de
stroyed the spawn. The state con
servation commission has asked the
Federal government to send experts
from the bureau of fisheries to make
an investigation.