davidaulloa/AmericanStories huggingface dataset:
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
is EVERY INCH A DEMOCRAT
Col. eardner's Party Loyalty Cannot
Be Questloned-He Has Always
Been True to the Faith.

MIR. Nal, Quinn thinks Gardner is
being wronged by the circulation Of
a story appearing in the press of the
state to the effect that the guber-
Material candidate is independent in
politics. The published statement was
copied from a book Of st. Louis pub
lcation and of course found wide pub
LEGATION. Mr.. Quinn calls attention
to a contributed letter in yesterdays
Republic from John l. Martin, in which
the writer fills a wide half column
with proofs OF Gardeners loyalty to
the old faith.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

The Times is not committed to any
candidate in the pre-primary canvass.
This paper believes in a fair chance
for everybody and plenty Of publicity
for each mans claims, 1t viii not
knowingly publish anything that is I'M
true or unfair. Any one Of the many
candidates asking for the votes Of
Missouri Democrats would make an
acceptable Governor,
Statements will be made all the
way down the preliminary battle line
that some folks won't like. The b
man will have to rise above insinua-
tons. The victor will come to hi
own through a vale Of fears. No re
marks that any one man can make
will be able to hold back from NOM
ination the man Missouri Democrats
yearn to have over them.-Columbia
Daily Times.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Mote: In the first and second les
sons Of this Primer the general pro-
visions and effect of the Gardner State
Land Bank Bill were explained. In
the present lesson the relations Of
such a bank to the farmers sons and
the high cost of living are set forth.
The bill was passed by the last Leels-
Iature Of Missouri, signed by the Gov
ernor and will be voted on by the peo-
pie in November under the initiative
and referendum. II is to become eff
fectiVe December 1, 1e16.)
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Ale pays out about 5000, 900, 900
a year more than he should pay. AND
MONEY SAVED is MONEY MADE.
Q.-And why has he been over
charged
A.-Chiehy because of the old sys-
tenn of from n to five year loans.
Renewals became necessary, with high
commissions, or else the farmer would
have to sell part of his investment,
thus reducing his capital or earning
power. AND A FARMER HAS TO
HAVE CAPITAL THE SAME AS A
COMMERCIAL MAN.
Q.-What would Missouri farmers
save in interest under the Gardner
plan?
A.-With farms in our state mort
gagged for $113, 900, 1000, the mortgages
running from n to FIVE years, about
$40, 100000 worth mature annually.
Renewal commissions of 2 per cent o.
tai $4,000 0 annually. Under the Gard
ner bill the interest reduction lat least
2 per cent under old rates. would be
about $4,000, 900 MORE SAVED every
year.
Q.-Would the new law bring about
farm expansion, more capital and in
dependence?
Ayes, With an appropriation Of
81, OO0, 900 as a loan from the state,
to be paid back by the bank from the
reserve fund, the fee for which is in
cluded in the 4 $40 per cent interest
paid by the farmer, the state land
bank could loan as much as $40, OO0,-
600 on this original working capital
The banks sale of debenture bonds
by notes and deeds Of trust or mort
cages, the land being appraised at
half its cash value, should bring a
hundred million dollars into Missouri
in a short time.
Q.-Why would investors favor it?
A.-Instead investing in a SINGLE
farm mortgage, they would turn to
Missouri, the first state having a land
bank. They would put money in
bonds on THE GENERAL FARM
PROPERTY, KNOWING THAT THE
MONEY WOULD BE EXPENDED,
AS REQUIRED BY THE LAW, FOR
IMPROVEMENTS. 1t is the safest
investment on earth.
Q.-What would be the general re-
suit?
A.-Hon. Noah w. Simpson Of Lew
Is county, lawyer and member Of the
Forty-eighth general assembly of Mis-
souri,, who introduced the bill designed
by Col. Fred D. Gardner, says. by a
system Of mobilizing Tor consolidating
these farm loans can amortize them
selves tpay off in easy stages) in a
long term Of years, ard in the end
the borrower has not only had his
money at a reasonable rate, but at the
end Of the term Of years for which the
money was borrowed his mortgage
loan is fully paid"
Yes. And crops will have grown in
what now are waste places; there
would be more subdivisions of farm
lands; the farmers son will have
been kept at home because Of the
greater opportunities; production will
have increased and thus reduced the
high cost Of living for everybody;
there would be fewer mere tenants
in Missouri. AND YOU WOULD
HEAR MUCH LESS ABOUT MIS-
souri, FARMERS BEING LAND
POOR.
END Of Lesson II. Lesson III. will
appear in next issue.)
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

I'm the first lesson Of this Primer,
the main features Of the Gardner
State Land Bank Bill we're set forth.
In the present lesson is shown the
fuller effect Of the measure which was
passed by the last legislature, signed
by the Governor and will be voted on
at the November election. The law is
to become effective Dec. 1, 1851
LESSON H..
Q.-What does it mean to be LAND
POOR?
Ask Missouri farmers. THEY
KNOW. 1t is having land which they
would like to cultivate but haven't
the means-unless they grow" a
mortgage, which, under the old condi-
lions Of high interest and big commits
sions might eat up the land,
Q.-Why have the interest charges
been high?
A.-Because farm mortgages have
not been easy to convert into cash,
The loans have been for compare
lively short periods-not long enough
to permit the farmer to pay out.
Q.-How does the Gardner Land
Bank project differ?
A-By loaning the farmer money
at four and three-tenths per cent for
as long as twenty-five years. And he
can pay back the principal in yeerly
installments with the interest, or pay
1t up at any interest period. On a
twenty-five year loan the farmer
would pay only $3.50 a year on each
500, and this includes interest, re.
serve fee and the PRINCIPAL.
Q.-Why does the farmer need
state aid?
Ali you leave it to private CAPT
tai to start land banks, dividends and
increased expenses would leave the
farmer borrower no better off than
he now is. The state land bank would
have no salaried officers, except a few
appraisers and additional clerks, be.
cause state Officers and employees al
ready on the payroll would look after
its affairs. And there would be nc
shares Of stock on which to pay divi
dends. THE FARMER BORROWERS
WOULD GET THE DIVIDENDS.
Q.-What about the existing state
banks?
An the agricultural districts o.
Missouri-communities Of less thar
5000 people-there are only about G
banks with a combined capital OF
some $4,000, 900. They can place 2E
per cent in farm loans Isl, 250, OOO).
which is certainly insufficient. And
the country banks do not care to tie
up their loans even for five years.
which in itself is too short a time for
the average farmer.
Q.-What about the federal reserve?
A.-The federal reserve act does
not permit the central bank to re
discount farm mortgages as it does
commercial paper.
Q.-Then the otate land bank be.
comes a necessity?
Ayes. The American farmer is
producing ten billions of dollars an.
nually, and is borrowing six and a half
billions every year, and, as former
President Taft has figured, is paying
sA per cent interest. He is at the
foot Of the ladder of financial consid.
eration-and at the top of interest
rates. And the FARM is THE BASIS
OF ALL PROSPERITY.
LOSS OF s2o0,OOo,000 ANNUALLY.
Q.-To what tune is the American
farmer bled by high interest commits
sions?
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
LESSON N.

Con what data and experience is
the Gardner Land Bank Bill based?
A.-Principally on the successful
operation of land banks abroad. IT
WILL NOT BE AN EXPERIMENT IN
MISSOURI. Col. Fred d. Gardner,
who designed the bill, wa sborn on a
farm and is a successful business man.
He knows from experience, as well as
observation, what our farmers have
suffered through having to pay exces-
sive rates for money necessary to ope-
rate a farm. And he spent a year in
Europe just before the present war,
studying the subject. In designing his
bill he has had the advice Of the best
financiers and lawyers, as well as
farmers, in the first-class nations and
states-including Missouri-FOR THE
PROTECTION OF THE STATE AS
WELL AS MEETING THE NEEDS
OF OUR FARMERS.
Q.--And he thinks the chief need of
the farmer is money at reasonable
rates OF lnterestl
A.--Unquestionably. The land bank,
by lending money at 43 per cent on
long terms, permitting the borrower
to pay off the principal in easy yearly
installments, not only will aid the ag-
ricultural classes by increasing pro
duction, but help everyone. Figuring
in commissions, the American farmer
pays an average Of 8 1-3 per cent on
ruinous short-term loans.
Q.-What is the system in other
countries?
A.-The longest time limit for farm
loans is 70 years in France, GO years
in Hungary, 60 years in Denmark, 65
years in Ireland, 30 years even in Fin
land, and so on. AND THE AVER
AGE INTEREST RATE PAID BY
FARMERS ABROAD, OUR COMPETI-
TORS IN THE MARKETS OF THE
WORLD, IS BETWEEN 3 AND 4 PER
CENT.
Q.-What has this done for the for
eign countries?
A.-Farmers in these countries have
been using $25, 900, O0O, O00-think of it!
lin longtime loans. The result was
that their exports of foodstuffs IN
CREASED (before the war;, while
AMERICA BOUGHT MORE AND
MORE ABROAD. Government figures
show that in 1880 about Sc per cent Of
our exports were food supplies. In
1912 --latest figures at hand they had
decreased to 2O.72 per cent.
Q.-Cite special articles, for in
stance.
Am comparison with Germany
(before the war;, American cattle de-
creased 81 per cent and swine IA per
cent, while poultry increased II per
cent. On the other hand, Germanys
exports of cattle increased 4 per cent,
swine IA per cent and poultry 20 per
cent. Also, Germany's INCREASE OF
CROPS PER ACRE WERE MORE
THAN AMERICA'S-S0 per cent more
rye, 100 per cent more wheat, 30 per
cent more barley, 100 per cent more
oats than the American farmer raised
per acre.
Q.-And what is the answer?
AIT is BECAUSE THE FARMER
ABROAD COULD GET MONEY AT
LOW RATES TO CULTIVATE HIS
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Farmers in many sections Of the
state are organizing Gardner for gov
ernor clubs. Down in Randolph our
ty Gardner clubs are said to be very
numerous and according to newspa-
pers, influential farmer Democrats are
pushing the candidacy Of Mr. Gardner.
THUS the sentiment for Gardner
grows ssys the Clark Chronicle.
The farmers are strong for him"
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

$3.50 would include interest, reserve
fund fee and THE PRINCIPAL, thus
paying off the entire amount by the
time the term Of the loan shall have
expired. In giving preference to the
smaller loans the idea will be to en-
courage subdivision of farms, thus
being of SPECIAL BENEFIT TO
FARMERS SONS.
Q.-What papers would the borrow
er sign?
A-Notes of unlimited liability for
the protection of the state, and the
deed of trust or mortgage. If a lien
or mortgage already exists this must
be paid off first out of the loan, there
by SAVING INTEREST CHARGES
ON THE OLD MORTGAGE. The re-
mainder Of the loan, as stated, is to
be expended for improvements.
Q,-So you say this would give the
farmers son land his father greater
opportunity to be prosperous?
A-Emphatically YES. AS Col.
Gardner says, we have failed to i'm
press upon the country boy the fact
that he is engaged in the Oldest and
most important business in the world.
He must realize the dignity of his po-
sition. ALL HE NEEDS is FACILI
TIES FOR MAKING IT PROFITABLE
AND ENJOYABLE. HE NEEDS OP-
PORTUNITY.
Q.-What has been the result Of the
lack of opportunity-a chance?
A.-Hardship, and a loss Of popula-
ton in the country. Outside Of ST.
Louis and Kansas City, Missouri has
lost 2 per cent in population in the
last 10 years. Such splendid agricul-
tural counties as the following have
shown losses, these being picked out
because they were represented on the
Missouri bankers commission, to-wit:
Galloway, So per cent loss; Saline,
1875; Platte, Il; Lewis, To; Cooper,
10, and Atchison, 17.6 per cent loss in
population in the last 10 years.
Q.-What has been the chief effect?
A.-REDUCTION IN PRODUCTION
AND A CONSEQUENT INCREASE
IN THE COST OF LIVING.
Q.-What are the figures in point?
A.-Twelve of the principal articles
of food have advanced more than &c
per cent in prices in the last 10 years.
For instance, bacon, 1913 per cent
round steak, 10Y; fowls, "a, and so on
It's no wonder the cost of living has
increased when production has de.
creased and OUR POPULATION HAS
GROWN AND is GROWING-IN THE
CITIES, And if the farmer boys keep
on coming into town, conditions, un.
less relief is given, will be harder fol-
everybody.
Q.-What viii come to pass If the
farmer is not aided?
A.-Further losses in country popu-
lation, still higher cost of living, and
even worse times for the farmer be-
cause he is "hog-tied" financially.
AND THE NEXT GENERATION
WOULD HAVE TO CULTIVATE
GREATLY IMPOVERISHED LAND.
Q.-And what is the other side-the
relief by the land bank-the probable
cure for being LAND POOR?
Alarm Improvement, a chance
for the country boy, a building up of
rural communities better social con.
ditions through growth Of closer
neighborhoods. WITH THE Pros.
PBRITY OF THE FARMER THERE
is BOUND TO FOLLOW BETTER
ROADS, BETTER SCHOOLS. BET
TER CHURCHES. And directly will
come benefits to the merchant, the
banker, the laborer. For all Of us
depend IN the farmer, and his welfare
spells a greater measure Of success
in life's main UNEMPLOYMENT.
MENT AND HAPPINESS.
END of Lesson III. Lesson w. viii
appear in next issue.)
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Mote: In the earlier lessons Of
the Land Bank Primer various fea-
lures of the Gardner measure have
been explained. The present lesson is
to show the basis of the bill-what
similar laws have done for farmers
abroad. The Gardner bill was passed
by the last Legislature, signed by the
Governor and will be voted on in No
Vember. 1t becomes effective Deem
Der l, 1850
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

nothing about the game. l have been
content to vote the ticket regularly,
put up my part of the campaign fund
and use whatever influence have for
party success without considering per-
sonal reward. l am a business mar
and have devoted my life to business
pursuits. If ! am nominated I will
devote all of my time absolutely to
looking after the states business for
four years"
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

GROUND PROPERLY. THIS THE
MISSOURI FARMER COULD DO UN-
DER THE LAND BANK BILL.
Q.-Take Ireland. That country was
very poor, whereas the farmers now
are more prosperous than ever before.
What of Ireland?
A-The Secretary Of Agriculture for
Ireland told Col. Gardner that a bill
lion dollars had been loaned to Irish
farmers at ~ per cent, against which
the government has sold bonds as Mis-
souri, expects to do. More than half a
million people purchased these bonds.
Q.-Were there any losses to the
government?
A.-NO. In Ireland the records show
there has not been a single default in
payments by farmers. AND THE
PLAN HAS BEEN WORKING FOR
MORE THAN THREE YEARS.
Q.-What has been accomplished?
A.-This billion dollars which has
been pouring into the agricultural dis.
tricts of ireland, which has a popula-
ton not very much larger than Mis-
souri,, has brought a revival of the
whole country.
Q.-Has the effect been far-reach.
ing?
Ayes. Instead of a declining pop.
ulation in the country districts as we
have in Missouri, the effect has been
to increase it. 1t has stimulated a de-
mand for fertilizers, building supplies,
machinery, electricity and all sorts Of
improvements. 1t has brought greater
prosperity to all classes.
Q.-What about our farmers com
peting with those abroad?
Alarm products and prices large
ly are regulated by international com
petition. For instance, Missouri wheat
in Liverpool completes with wheat
from Russia, France and Argentina.
The same with meats and other
things. So you see if farmers in 9th
er countries are able to get money at
about half what our farmer has to
pay, and considering the fact that
OUR LANDS ARE PRODUCING
LESS AND LESS FROM THE LACK
OF FERTILIZERS, RELIEF is VI
TALLY NECESSARY.
Q.-What of South America?
A.-Today in the United States we
are buying $117, OOO, 900 worth OF hides
a year because Argentina and Chile
furnish their farmers money at low
rates of interest.
Q.-What have we Americans done
toward establishing land banks?
A-Well, the FIRST EFFORT IN
AMERICA is THE PRESENT ONE
IN MISSOURI, though a land bank
was established several years ago in
the Philippine Islands. The Filipino
farmers had been paying usurious in
terest rates. Our government first
tried to induce private capital to find
a way to stop It. BUT PRIVATE CAP
ITAL WOULD NOT START A LAND
BANK. THEN THE U. S. GOVERN.
MENT DID so WITH A CAPITAL OF
HALF A MILLION DOLLARS, LEND
ING THE MONEY AT 4 PER CENT.
so GREAT WAS THE BUSINESS
THAT THE BANK HAD TO DOU.
BILE IT'S CAPITAL. IN THREE
YEARS THERE WE'RE BUT FIVE
FORECLOSURES AND THE BANK
HAS LOST NOTHING.
Off we can help the Filipino farm
ers, why can't we help our own?
Ave can and will, under the
Gardner Land Bank Bill, and at the
same time, through the sale of de-
benture bonds and the maintaining Of
a reserve fund to refund to The state
the $1,O0O,OOO appropriated as the
original working capital as a loan to
the bank, TAKE NOTHING FROM
THE TAXPAYERS AND AT THE
SAME TINE PROTECT THE STATE.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Mr.. and Mrs. ]. 7. Cauthen
vent to Buckner Sunday morn
ing for a visit. From there Mrs.
.Cauthen will go to Swain, Kan
sas, for a visit.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
BANK WOULD HELP TO
KEEP BOYS ON MISSOURI FARMS
Under the Gardner Bill Loans Would be Available at Low
Rates of Interest to Encourage Farmers Sons to Sub
divide the Land and Till the SoiI-IncreaSed
Production Would Reduce High Cost
of Living for Everyone.

whch the Gardner, Land Bank Bill will be discussed from Every possible angle AS
lhe Land Bank Bill will. be tbs subect of wide discussion, our readers would dc
vel to clip and preserve tn series II they want to b. in a position to- meet mi
objection thai may De raised or to correctly answer any question that NAV be
asked regarding the bill
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
INDEPENDENCE FOR FARMER
UNDER LAND BANK BILL
What 1t Will Mean to the Agricultural Classes to Get
25-Year Loans at 49, Per Cent-Gardner Measure
Expected to Bring a Hundred Million
Dollars of New Money Into the .
State of Missouri.

which the Gardner Land Bank ill viii be discussed ron every possible aMe As
the Land Bank Bill viii be the subject OF wide discussion our readers would do
well to clip and preserve tn series II they wan to be in a position to meet ary
objection that may be raised, or to correctly answer any question that may be
asked REGARDING the bll
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Miss Mary Vaughan left Sat-
urday for a visit in st. Louis
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
FARMERS ABROAD GREW
PROSPEROUS With LAND BANKS
Data Gathered by Col. Fred d.. Gardner in Europe lust
Before the War Demonstrates That Missouri Would
Not Be Experimenting Success Has Been
Proven-Fac8 to Show What Rural
Credits Have Accomplished.

wMd51 MS us Is inc iourh OF a series OF four articles for which we have ranged in
the TanGS HsnE ne 81 LAM BANK BA viii be. discussed from every possible angle. As
obIecHo," ~ anu reserve IN series II they want to be In a position to meet ny
asked regarding the bill my 4Wh u' may De
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

Mrs. w. P. Ford went to Well
ington Sunday morning for a
visit.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
COAL! A
COAL CO.

We r prepared to furnish the bes
Of coal, and solicit your patronage
Orders promptly filed.
Office phone l22-Mine phop. az
GEORGE M. VAUGHAN
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14
psmoeratlo Prospects.


interviewed by a reporter Of the
Hannibal Journal, Col, Fred D. Gard
ner said, in part.
What is the political outlook?
IF o mean Democratic outlook"
he replied, " It couldn't be better. Wooa-
row Wilson will be renominated by
reclamation at the st. Louis Sonven.
ton and reelected by an overwhelm-
ing majority"
"But the goyernorship?"
81 am leaving that entirely, so far
as I am concerned, with the Demo
cratic voters Of Missouri. ] am more
concerned about Democratic success
In November than l am about per-
sonal political preferment. If the peo-
pie believe | am the man to lead the
PARTY to victory I will be nominated,
/ am in no sense a politician-know
Banks Favor Land Bank.
We have been told by some that
the banks over the state would oppose
Gardeners Land Bank bill. But we
have interviewed several bankers Of
this county. and they tell MS that this
is not true; that national banks don't
loan money on real estate, and that
the banks wish to see the farmer OBJ
tain money as cheap as possible ana
that the farmer need not fear the
banks opposing the Gardner Land
Bank bill. Farmers are not asleep
these days every time they have their
eyes shut. They understand that much
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

1t is highly pleasing to the Gardner
for governor supporters to note how
many Gardner for governor clubs are
being formed all e Missouri. 1t is
a poor political vision that does not
recognize Col. Gardner as the over
whelming choice of the people for the
nomination and election.-Rolla Her
aid.
Of the noise they hear about banks
being against their interests is sim
ply political clap-trap.zFayette Demo
cratic Leader.
The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1916-07-14

I'm the first lesson of this Primer,
the main features Of the Gardner
State Land Bank Bill we're set forth,
In the present lesson is shown the
fuller effect Of the measure which was
passed by the last legislature, signed
by the Governor and will be voted on
at the November election. The law Is
to become effective Dec. I, 1e16.)
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-03-23
Do Not Fail To
See Auto Show

The first Super-Six for Logan is
now on the way and will arrive with
in the next five or six days.
The Logan Garage & Supply Com
pany have arranged to place the
wonderful SuperSix on exhibition in
the window of the Harris Music Co.
for four days.
The people OF Logan and Cache
Valley will be invited to call and
see this car. Free concerts will be
given during this time, and 1t is ex'
pected that ladies as well as gentle.
men will call ana inspect the most
talked of car OF the age.
After the fourth day the car will
be taken out onto the hills and 9th
er trying places, where demonstra.
tons OF Its superior Performance %
will be given to prospective buyers
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-03-23

and others who desire to see just
what this car will do.
After all prospective buyers have
had an opportunity to see the Super
Six, this first car will be turned oy-
er to Mr.. Hyrum Nebeker, who Sc
cured first place in the line up Cor
delivery, Mr.. Nebeker took a ride
In the Super-SiX and saw 1t perform
on the hills OF Salt Lake City over
month ago, and placed his order
for car.
Those who will want early deliver.
les of SuperSix should place their
order at once. In the latest report
from the Hudson factory, they say,
you need have no fear OF mid.
summer change in design or model,
as 1t stands today, we know OF no
way to improve the Super.Six car.
LOGAN GARAGE & SUPPLY CO.,
C. NJ. Harris, Manager.
Adv. II