Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1916-12-21
RURAL CREDITS SOON TO BE IN oPERA71oS

The United States government will launch into the loan
business and this will loan to the farmer on farm d
for security This does that the government is o
into the banking business any than it meant that to
government going in the contracting business when #
structed the Panama canal The will issue bonds
which will bear from to cent and which will be tax
able which adds several per cent to their value an invest
ment The proceeds realized from the sales of these bonds will
be loaned farmers The investor will have gilt edged
security in the bonds.
The work connected with the Inauguration of the Farm
Credits act passed by the last session of Congress- will be
the hands of the farm loan board There will be farm loan
bank attend the end of the work which will consist of the
banking Then every community which desires may have
it's association organized from citizens of the COM
muny, to whom applications will be made originally who
will in turn apply to the farm loan bank
The first issue of bonds will be between $00OO0O0O and
$15OOO0O00 Applications for farm loans have already been
made amounting millions The first bond issue will cover
than the present applications and is intended a
ditona demands which will come in from day to day That
there need for the providing for rural credits
and that it proving popular and acceptable is evidenced
the applications for loans.
The rural credits act will not believe, have
ency inure the who has money to lend 1t will how
operated to relieve the farmer from the high interest
he has been forced to for farm oans though his
security has been the best 1t will afford of financial
relief to the who is engaged in agricultural pursuits and
who in times of financial srngency has been seriously cmp
because he could not procure his land security
the time when needed it unless he paid high interest rate
i There question but that great benefits will be realized
only by the farmers but all who benefit from the prosperity
of the farmer in the community The inauguration the rural
credits act will have disadvantages and there will be obc
lions and obstacles overcome but the end these will
as met and solved and greater efficiency will result 1t
another step in the direction of agricultural independence
poultry raiser who has been mining eggs out Of the rock
salt in which they have been preserved since freshly laid last
and who has been selling them for fifty cents and bet
ter Dozen explaining why they high time
democratic administration and explained that the Europe
causing the high prices there being such extraordinary
demand for and of shells the battle fronts War
certainly "shell.'
The claim for 93 of T. c. Coffin employed special
by the attorney general in the suit instituted by ne
state to recover losses through embellishments by o. Alien
IRON the surety which furnished Aliens bono has
decision of the rejected Justices Bulge ana
Morgan so deciding, and Justice Sullivan dissenting linus
nave the ambitions OF a young man come to naught
Some of the newspapers of the state devong columns
of space in telling what the legislature should do this WINTER
Judging from the work of legislatures in general ana o
legislatures in particular, it would be appropriate
devote columns in outlining what the Legislature should not w.
Over the battle front of Europe John Bull thought h
he had sprung something the tank terror OF 1eu'o
Nothing whatever Idaho several western states
dry on account of anks" Perhaps John can use 1e"
'hen on the battle front. He's welcome to his pick
Roosevelt has announced his intended visit to tne III
islands and the word must have reached them by this u
not word from the FIJI savages. Perhaps they are ~
hghly civilized than we give them credit for
No would suspect that there were lndsi
duas working for the welfare of their party until after Tue
on ana so many office seekers present themselves III
e reward
IS interesting, not to say amusing to watch the en- h
OF such newspapers the Spokesman Review they
gay ease themselves into position of political
ness.
# How Charles Hughes be wishing that he was
.he supreme bench to assist in deciding the
: OF that eghthou law
No doubt Roumana will agree with Sherman that "''
e lcertainy hell