The Fargo forum and daily republican., 1916-08-30

passed py congress and signed by
President Wilson is simple piece of
financial machinery by which the gov
ernment assemblies capital and lends
1t to farmers on first mortgage secur-
1ty for periods Of from five to forty
years at low rates of interest.
The hubs of this machine are twelve
Federal Land banks to be established
in twelve districts not yet selected.
These banks will be capitalized at
$75O,OOO each and if the public does
not buy the stock, the government will
do it.
Any farmer who owns land or who
wants to buy land may borrow from
those banks up to so per cent of the
value Of the land and up to 20 per cent
of the value Of the permanent i'm
provementS.
To utilize the system, it is necessary
for the borrowers to organize them
selves into local farm loan associations
consisting Of ten or more farmers in
each association. These associations
then petition the Federal Land bank
Of their district and indicates the
amount Of the loans desired. The Fed
eral Land bank then sends appraisers
to value the land. If the loans desired
do not exceed SO per cent of the value
Of the land, the Federal Land bank
| advances the money through the local
Farm Loan association, and the local
association forwards to the Federal
Land bank the first mortgages on the
lands in question as security.
The rate of interest to be charged is
not yet determined but it cannot under
the law be more than 6 per cent and
it may be less.
The loans may extend from five to
forty years at the option of the bor-
| rowers and both interest and principal
may be paid off in annual or semi-an
nual installments or at the option of
the borrower.
No one farmer may borrow more
than $4,000 nor less than $100.
The borrower must specify to what
use he is going to put the money. The
law requires that it be spent either for
the purchase of land for farm use; for
the purchase of equipment, fertilizer
or livestock necessary to operate the
~~~o-~~~~o-~~~~-~-
"'Come to their aid without delay,
women of Russia!' pleads Nine. Brus-
Siloff. Do not waste your lives in
ga1ety and merry-making, playing
cards and buying furs and diamonds!
l appeal to those who have hearts that
beat and throb, to those who have God
in their souls. and who understand
that the war is our. great, solemn, sa-
cred sacrifice, in the name of patriot
ism and self defense If 800, 900 Rus
sian women follow the example of
their French and English sisters, each
choosing from the hospitals one help
less cripple and adopting him, the fu-
ture of our heroes will be well pro-
vidcd for
The answer Of the Russian women
in English is a paraphrase of the IA
nous response of men TO the call of
Abraham Lincoln for soldiers in the
American Civil war:
I'VE are coming, Madame Brussi-
loft, three hundred thousand strong!'
The women of Kiev and Kishinev
in the southwest, of Lodz and Kami-
nitz near the border, of Moscow and
Of Petrograd to the north, of KaZan
east, of ArchangeI by the sea-all are
Joining in the choral response to the
plea in aid of the derelictS Of Mars.
In Germany, France, Austria, Eng
land, Italy, Belgium, Serbia and the
rest of the stricken lands, it is the
same inspiring story of woman's de-
votion to her country and to humanity.
The mother love at the cradle is
scarcely more eXalting than the woman
love that is hallowing the scenes be-
yond the reach Of projectile and shell.
Can the mandates that are kindled
by the war outweigh the moral values
of his love when the guns are stilled?
If so the worst of the holocaust is Yet
to come, but the faith of mankind in
man has not been shaken to that dread
point