Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1916-09-23
OMAHA PRESENTS
ITS CLAIMS, s,,oR A
FARp -, $, BANK
4 -
Men i sentting All Lines of
Business Before the Board,
Pointing Out Need of
Such Institution.
MUCH TESTIMONY TAKEN
This City Shown to Be Logical
Location for Accommoda-
tion of Many People,
FACTS AND FIGURES GIVEN
MUCH TESTIMONY TAKEN
FACTS AND FIGURES GIVEN

Omaha to have that bank.
in hearing that lasted all day and
brought out an overwhelming mass
of facts, tending to show the states
need OF such an institution, and Oma-
These two points were made clear
has great advantage as the point OF
location.
After hearing farmers. bankers,
colonizers and loan men all forenoon
and half the afternoon, the board sud
denly turned to the Omaha case, and
Francis A. Brogan of Omaha went on
the stand to present it.
Mr., Brogan asserted Omaha had
been located logically and necessarily
by the natural rtend OF commerce and
industry, and in the heart of the agri-
cultural region. He suggested as
tentative district for this bank, Ne
braska, Iowa, South Dakota and
Omaha Logical Location.
III there were no Omaha on the
map, practiced eye could discern
where it would naturally be and
where a great city would develop"
said Mr.. Brogan, lust as astronomers
are able to determine the location OF
certain planet long before they have
been able to locate it in the heavens
with glass" He showed that within
800 miles of Omaha there is nothing
in the way of industry but agriculture.
IF thad been determined" he said,
ito establish one such bank, instead
of twelve, Omaha would still have
been the logical place in which to
make the experiment"
Mr.. Brogan furnished the board
with several maps specially prepared
for this occasion, showing the rail-
roads and trunk lines that converge in
Omaha, and other maps showing the
zones in which mail is delivered from
Omaha in six hours after it is mailed
here, and in twelve hours and eight
cen hours.
Presents Some Figures.
He showed that there are seventy
seven passenger trains out of Omaha
daily and seventy-six in; that thirty
six of them leave for, and thirty
seven enter from Iowa; eight leave
for, and ten return from Missouri;
six leave for Wyoming and seven re-
turn from there, and that there are
seventy-two mail trains out of Omaha
daily and sixty-eight in, and a lot of
other figures on train facilities.
He summarized the grain and live
stock figures, pointing out that Oma-
la annually received 100000 gallons
Of cream from the farms, and that it
eads the world in the production of
creamery butter. In every way he de-
veloped Omaha's importance as an
agricultural center, and then showed
The farm mortgage indebtedness of
The four states proposed for the dis
.rict in 1910. These figures follow
-owa ..................... .s2O4242.723
Nebraska ...................... 62373,472
south Dakota ................. 32,77l,359
Wyoming ..........!........... 4207,9S
Total ...............".... 5000 536
Omaha is the Distributing Point.
Mr.. Brogan showed that there are
orty national institutions such as the
lohn Deere Plow company, the Ford
Motor company, etc, which have
ound it necessary to establish branch
distributing points in Omaha and also
hat there are 1000 country grain ele-
'ators in the proposed territory.
In brief OF ninety-six pages the
'ast store of information Mr.. Brogan
presented was filed with the board
.fter he left the stand.
Z. V. Parrish, manager of the bu-
eau of publicity of the Commercial
,lub, went on the stand to state brief
y the work o fthe bureau of publicity,
which, he asserted, is misnamed, and
S really bureau of development, as
shown by the success of its great
eed-corn campaign Of 1910, and other
He assured the board of
he bureaus readiness to cooperate
n getting information regarding
hese banks disseminated throughout
he state and adjoining states.
Bankers Favor the Bank.
Luther Drake assured the board
hat the bankers locally were in favor
If a Federal farm loan bank, had no
ceiling in the matter and would CO.
operate.
Everett Buckingham, general man
lger OF the Union Stock Yards, as
serted that the stock yards is a mort
gage litter, and in locating bank |
he board need only follow the ma
ural lines which the live stock fol-
owed in finding its way to Omaha.
J. b. Swearingen, president of the
Omaha Grain exchange, developed |
he subject of Omaha's importance |
IS a grain market.
John L. McCague asserted that of
III financial centers the people In
omaha and the region around were |
he best acquainted with the working
" such banking plan, as they had
'een SO educated largely by the large
and loan business here.
T. {. Byrne said thai nearly $l7O-
100000 worth OF merchandise is dis
ributed from Omaha annually
Presenting Other Facts.
J. A. Roberts, salesmanager OF the
<ellogg Corn Flakes company, told
If the colume of business done in Ne
'raska, Iowa and Missouri.
w. d. Hosford of the John Deere
'low company said larger number I