Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1917-01-18
FARMING WESTERN
LAND ON LOAN PLAN
Hungerford Potato Growers
Association Finds Way of
Developing Northwest,
WAGE GARNER MAY HELP

otaho NlC"Ni
association is a newly incorporated
concern in Omaha, which plans TO sell
farms to the wage earners and then
farm the farm for the buyers profit
besides.
The association is the owner OF
several thousand acres of land in the
northwestern part of the state, which
it will now sell out in hve-acre tracts.
1t is said to be excellent potato land,
and potatoes are to be the principal
cvop. The land according to Off
Gals of the company. has been pro-
ducing from $50 to 200 bushels Of po-
tatoes to the acre.
However, the association says that
it does not make use OF these higher
figures i'll arriving at the estimates of
what can be made per year. Neither is
the present high price of potatoes
used as a basis for their calculation,
but they are more conservative than
that. 1t is pointed out, however, that
at 100 bushels per acre. and at con-
sentative price per bushel even much
below the present price of potatoes,
the purchaser should be able to pay
for his land in two years from the
profits of his crop alone.
Peoples Association.
1t is planned to make it strictly a
peoples association. The building and
loan plan of operation is followed
and applied to purchases of farm land
instead of merely to the purchase or
building of city home. The idea is a
new one.
The land in five-acre tracts is to be
sold to the wage Garner on monthly
payments. The company will then
farm the tracts for the purchaser on a
large scale, on cooperative basis,
and with the most modern machinery.
By having many of these tracts in one
locality to farm, the company be-
lieves it can make use OF modern
machinery and do the farming on a
large scale with such equipment as
the small farmer could not afford to
have on hand for the cultivation of
merely his individual farm.
This, it is maintained, will reduce
the cost of labor about Is per cent
To Rotate Crops.
They expect to rotate the crops,
getting every penny the land will pro-
duce, but the potato is to be looked to
as the principal crop. Northwest Ne
braska potatoes are known all over
the country.
The purchaser is to have two-fifths
of the profits each year to apply on
the payments.
The association is incorporated for
$4,000 Arab L. Hungerford is presi-
dent and manager, Edward P. Snow
den is secretary and treasurer, and in
addition the following are on the
board of directors: G. ]. Hungerford,
Earl w. Snowden and H. S. Hunger
ford.
Arab L. Hungerford has dealt in
land for ten years, with headquarters
at Crawford, Neb, where he has &C
CURED much knowledge of the agricul-
tural conditions and needs of the
northwestern part of Nebraska, hav-
ing, it is said, farmed more land in
northwest Nebraska than any other
five men in the section. E. P. Snow
den came from ST. Joseph four years
ago. He has during the last year been
associated with Mr.. Hungerford in
dealing in land in the northwestern
part of the state.
Plan of Development.
1t was during their operations in
Dawes, Box Butte and Sioux counties
that these men studied out this plan
and came to the conclusion that they
had discovered the way to develop this
part of the state as it has never been
developed before, and at the same time
fill long-felt want among those OF
medium financial means who are desir-
Gus of becoming the owners of at least
small farm.