Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1917-03-01
HARRIS Grove Farmer., oluh.

riS Grove Faremrs' club met with
Mr.. and Mrs. N. G. Rogers. All
members present except Mr..
Brown and our members who are
spending the winter in California.
Hope TO see them at our next
injecting. There was no program
until after dinner. Minutes of
| the last meeting were read and
approved. Miss Mildred Gowens
began the program by playing
two fine piano solos. Lois Rog-
ers, Lucille Latta and Harlan
Jones each gave rccitations.
! Reading of selections by Mrs.
l4alla, Mr.. Gowens, Bruce Orr,
Mr.. Whitcman, Mrs. Selvy and
| Mrs Meats. Each reading
brought forth much discussion.
Next we discussed the questions.
No. 4. Will the new farm loan
| act be Of any assistance to the
|renter who wants TO buy land, but
has little or no capital? We think
| the farm loan act will be: The
government must require abso-
Ilutely the same maximum re-
lquirements from everybody that
/ docs business with these banks,
land the local banker will take in
Ito consideration the personal
| equation of a man wanting to buy
Hand. Not more than $4,000 can
be borrowed or less than 800.
| No loan can be made for more
than 80 per cent of the value of
| the land morlgagcd and 90 per
cent of the value of the pcrman-
| ent insured improvements upon
lit The loan must run for not
Hess than five years and not more
than forty years. The loan must
| he paid in payments. No loan
bank can charge more than 6 per
cent. You can borrow to pur-
chase equipment, fertilizers, Or
\ live stock necessary. Long time
loans do away with the evil of
parly foreclosures of farm mort
gages and renewing of loan every
three or five.years. 1t goes with
Tout saying that a farmer will take
more interest in piece of land
as an owner than as renter. He
Twill take better care of it and i'm
prove it. 1t will improve rather
that deterioate. With long time
loans. more of the income can be
|placcd into equipment for the
farm, equipment not only to
bring larger returns in dollars
land cents, but will make the fam
lilly feel like staying on the farm.
The modern equipments that our
lefty friends have is the greatest
lure to farmers wives and daugh-
tiers, that the city has. Now that
the mortgage is not going to come
due i'm two. three or five years
land III don't know how I am going
TO renew it," or II don't know
what ! have to pay''--with this
|bugaboo removed, why, anyone
who has the welfare of the farm
err at heart can readily advise him
to put some money in making his
]housc modern. Let the family
have the same chances for COM
fort and pleasure that the aver
age laborer has in the city. We
hope the new farm loan bank will
do wonders for the farmer i'm
helping him get a home.
No. 2. Why should there be
an embargo on foodstuffs and not
ON other things? We farmers
think it would be unfair and un-
just to single out grain and grain
products upon which to levy an
cmbargo. Even at present prices
they are our cheapest foodstuffs.
practically all other necessities
which are being exported, such as
steel, copper and cotton, have
risen in prices. The farmer in
the middle west is as much en-
| Titled to any benefits accruing
from high prices as the farmer of
the south and the manufacturer
lof the east. 1t is unqucstionably
1 true that if there is Justice in
stopping the advance in the prices
in products of The farm, then
there is justice i'm stopping de-
lclines, but we have not yet heard
Iof any acl ever being proposed in
any legislative body for the pur-
lpose of preventing the products
Iof the farm from selling at price
4 that was too low If the farmer
must sell on open market when
the price is TOO low. he must have
the right to do so when it is high.
No. 3. Does the draining Of
low places i'm western Iowa make
a difference in the rainfall? 1t
does not. because our bear
ling clouds are formed in the
southwest.
Questions for March:
| No Would il ho doc;rohlo