The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1917-05-17

Sam, who in turn loans the money to
the Allies who turn around and buy
wheat and various other supplies from
us at high prices. We will get the
money back ten-fold. The governor
explained that the banks Of the state
are expected to subscribe about ten
per cent of their capital and surplus.
Some of them can be disposed of to the
banks customers. Every man who
takes even $4,000 worth Of these bonds
is doing patriotic act. One should
subscribe just what he can afford. One
can afford to deprive himself of GER
tain luxuries in order to assist in the
raising of this money. The United
States is engaged in the worlds great
est war. If we don't take up these
bonds the government will have to tax
us, for the expenses of the war must
be paid. The governor thinks the peo-
pie of the Northwest have not yet full
ly awakened to the serious condition
of our nation.
The governor explained that the Fed
eral Reserve bank of the Ninth dis
trict has capital Of $2,50O,OOO with
$50, 100000 deposits. This bank will
take care of the national and state
banks of the district SO that the crops
and labor will be properly financed the
coming fall.
The bonds are issued as Of date of
June Is and the last installment is due
the last Of August. Spreading out
these payments will not unsettle the
bank balances. He explained that
there is no money in this for anybody
No commissions are paid. The work
is all being done free. Instead of sub.
scribing two million dollars we ought
to subscribe six millions, he said. This
would have great moral effect on the
enemy. The United States is the rich.
est nation in the world, he said. The
U. S. debt per capita is but $35, while
that Of Germany is.$295.
"We face condition, not theory
the time has come when we must take
our place in this war with men, mon.
ey and organization to save the worlc
for democracy" he said.
r. e. Barron explained that the
Ward county banks had believed thai
it would be necessary for them tx
raise 20 per cent of their capital ant
surplus and were prepared to do this
Tracy Bangs, we'll known Crane
Forks attorney, gave rousing patri
otto address. eve are confronting 6
serious condition." he said. ut is hare
for us to realize what war means. Owe
in Canada they are realizing it. Theil
boys have come back, leaving a les
here, an eye there. We may be abb
to prevent some of this butchery b,
raising this money" He explained
that it takes seven people at home K
support every man who goes to fight
Defining patriotism, he said the mar
who went to fight for Germany is a,
much patriot as the man who goes t.
fight for the United States. A patriot
is the man who offers his all for his
country.
"The war must be fought until Ger.
many is not only whipped, but until
her people are educated to democracy
he said. "War is hellish; tits murder
Gus except where it is fought for the
betterment of the world"
Secretary Fadden of the North Da-
kota Bankers association, stated that
he had returned from New York but
recently, where he learned many
many things about the war. He said
plans were being laid for a three-year
war and it would not be surprising if
the war lasted five years. It has been
learned that Germany has immense
stores Of food and ammunition and is