davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
BY FRANK r. WILSON,
Federal Farm Loan Bureau,
WASHINGTON ID. C..

The Federal Farm Loan Act,
adopted in June, 1916, and signed
by President Woodrow Wilson short
ly after, creates a comprehensive,
cooperative banking system to lend
money to farmers and prospective
farmers for purposes of land pur-
chase, farm development, and the
refunding of Indebtedness.
The system consists of two main
divisions; money assembling
agency, through which the -accumula-
tions and savings of the country are
gathered in, and a money-lending
agency, through which this money
is distributed for agricultural uses.
The Farm Loan Act, in brief, pools
the farm mortgages of the nation; is
sues a collateral trust security
against these pooled mortgages, and
sells these securities in the open
market.
The establishment of this cooper
alive banking system was made nee
essary by reason of the fact that
banks in most parts of the United
States have not possessed the facil-
tiles to properly take care Of farm
loans because these loans required
too long a time to run; because in
terest rates to farmers have been
too high, ranging from per cent per
annum to per cent per month; and
because private money-lending agen-
cies had not realized the reflex adj
vantages to themselves of long
time, amortized loan to the farmers
The machinery provided in the
application of the Farm Loan Act
has three main divisions:
First-The Federal Farm Loar
board in Washington, D. c., com
posed of the secretary of the treas.
ury, William G. McAdoo, chairman
ex officio, George w. Norris, Farm
Loan commissioner; Herbert Quick
Captain w. S. A. Smith, and Chas
E. Lobdell.
Second-The twelve Federal lanc
banks throughout the United States
Third-The national farm loan asso
/ Citations, each composed of ten OF
more farmer borrowers, which asso
Citations secure loans for their mem
bers from the Federal land banks.
The Federal Farm Loan board i
in charge of the entire system. It
first important duty was to divid
the country into twelve bank district
and locae one Federal land bank il
each. The board also provides tn
banks with temporary governing
boards during the process of growth
Later system of cooperative Sc
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
MANY LIKE THIS IN PENSACOLA.
SIMILAR CASES BEING PUB
LISHED IN EACH ISSUE.

The following case is but one of
many occurring daily in Pensacola.
1t is an easy matter to verify it. You
cannot ask for better proof.
w. H. Connors, Jr., captain fire
department No. 8, S. Reus St., PEN
sacola, says: ''The strain / have
been subject to at times, taking cold
and being exposed to all kinds of
weather weakened by kidneys. The
trouble soon showed itself in my
back. 1t got so was troubled with
a weak back nearly every time took
cold or had hard run. Mornings on
getting up, / was all tired out and
found it hard to stoop without great
effort. l began using Doan's Kidney
Pills and found relief right off"
Price SOC, at all dealers. Don't
simply ask for kidney remedy-get
Doan's Kidney Pills-the same that
Lr. Connors had. Foster-Milburn
Co, Props, Buffalo, N. Y.-Adv.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
THE SCRATCH PAD
BY THOMAS EWING DA5NEY.
LESSONS IN Love-. NO. 2.

LESSONS IN Love-. NO. 2.
Girls have a mania for pretty
dresses land we don't blame them in
the least-considering the unbeauti-
full appearance of the average male,
they need little contrast), there
fore the complete lover must know
how to compliment their raiment.
For example, when the first glad
smile of greeting has faded-as even
the loveliest flowers will wilt-stag-
ger back slightly, throw your hand
to your eyes in gesture suggesting
intense dazzlement, and then Groom:
Tighten the softness of eidertown a
thousand times and yet maintain its
sense of substance, and it would not
equal the softness of the gauze that
decks your simple flowing garments
if you can gulp couple of times
while saying this, it will help the gem
eral effect, and che will smile like a
land agent.
In return for its baked beans,
Billy Sunday is giving Boston some
hot shots.
The festive first of April draws on
apace when some brilliant admirer is
sure to send US another cotton
| doughnut.
Germany says the entente's reply
is another declaration of war, But
they will describe the next drive by
a term still stronger.
Whatever other excuse he may of
fer, the lump of iniquity who gave
] US that Canadian dime can't say il
was the result of a leak.
| Our old friend, "Mawkish senti-
ment" is taking an airing again in
the editorial columns of the papers
that are undergoing spring Thaw
Says Hugh Sheringham in one Of
his novels: 1.-THE mayor looked at the
poet with the air of a loaded can
| non." We don't blame him in the
| least, and we hope the printer viii
put enough "n's" in the last word Of
the quotation.
Inasmuch as the fresh water of th'
storm killed so many oysters, it ha'
been considered safe to remove tn
cannon from the state patrol boa
Misunderstanding of course that
was bivalvular ferocity that cause,
them to be put there in the frs
place. No ether Interpretation seem
logical.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
ADMIRAL DEWEY.

Dead at the age of eighty, after spending
nearly the allotted span of three score and
ten years in the service of his country, Adj
miral Dewey, hero of Manila, and the
Nestor whose wise councils later were SO
potent factor in improving our navy, has
bequeathed unto the world a splendid
example.
Not Granville in the Revenge, not John
Paul Jones in the Bonhomme Richard, re-
sponded more to the call of duty, against
tremendous odds, than did Dewey that
May day, when he sailed his six vessels into
mine-strewn harbor to engage ten, besides
the land forts, his guns outnumbered and
outcalibred by the enemy
The man who faces odds with this spirit
no matter what his walk in life is certain
of success.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18

this has been questioned. He is a
matchmaker, and keeps q boarding
house ON the side-we are not pre-
pared to say which side-and his mil
itary education was secured while
watching the inaugural parade which
indicted Gov. Cats into office. So
his qualifications to head tho military
interests of Florida, and tottake the
place of a man of Mr.. Fosters expe-
Tfence and caliber, must be Apre- emil
nent. He viii move the arSenal to
Tallahassee, in order, we hresume,
that he may run it without interior
ence with his boarding house opera
, tons. Here's looking at yeu, Gen
eral.-Lakeland Telegram.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
SUNDAY SCHOOL DAY.

February II is the date designated by the
Florida Sunday School Association for a
great Sunday schoolrally Governor Cats
has given official sanction to movement
that will have the private endorsement of
all thinking people. In Pensacola it is COM
mon knowledge that the Sunday schools
are not as well attended as they should be
If especial preparations are made for a
great rally on February IL, with the day
featured by some special program, mayhap
by the end of the year we will be able to
chronicle the most definite advance in this
direction that has yet been made.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
GOOD RADIANCE.

With the clause stricken from the post
office bill, proposing to raise the postage
on newspapers and magazines, the crusade
of the press will be hampered only by the
artihcially raised price of paper.
What the trainers of the bill were
thinking of, when they prepared the meas
ure--if they were thinking of anything
is not clear; to raise the rate on one kind of
merchandise newspaper-and lower
it on another-as butter-would be as IL
logical thing for the government to do as
it would be inconsistent for it to discourage
the greatest influence there is for better
law and order, better farming, better hy-
giene better schools, better roads, better
babies, and an increased prosperity.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
The Federal Farm L Oan Law
(The Cooperative Banking System)

government will be inaugurated I'M
der which the associations of farmers
will direct these big financial insti-
buttons, under the supervision of the
Federal Farm Loan board.
Each of the twelve Federal land
banks starts business with a paid
up capital of S750Q00, subscribed by
the government, if private investors
do not subscribe it within thirty
days after the books are opened.
These banks have the right to lend
to national farm loan associations up
to twenty times the capitaf stock of
the banks. The lending capacity of
these banks is automatically in
creased by requiring the farm loan
associations to reinvest in the capital
stock of the banks one-twentieth of
the amount their members borrow.
Thus the capital stock of the banks
| increases in the same ratio as their
loans. The banks acquire additional
money for lending by selling their
own bonds to investors.
When a bank lends money and
takes first mortgages on farms in
exchange, it issues bonds against
these mortgages and sells the bonds
to produce more money to lend.
The bonds issued by one bank are
| secured by the assets of all the banks
operating under this system, and the
rate of interest on the bonds is adj
| justed by supply and demand. The
rate of interest charged to members
of farm loan associations for money
which they borrow from the banks,
cannot exceed by more than l per
| cent the rate of interest paid on
the bonds. This margin is provided
to pay the cost of operating the
banks. So, if the bonds sell at a
per cent and the cost of operating is
1 per cent, the interest rate to the
farmer-borrowers will be 5 per cent,
If the cost is held down to one half
of one per cent, the interest rates to
the farmers would be 4 1-2 per cent.
So, briefly, the members of the as
,sociations of farmers borrow from
the banks; the banks issue bonds
against the farm. mortgages and bor-
row money from investors; the farm
ers invest an amount equal to one
twentieth of the amount they borrow
IN order to provide an increasing
capital for the banks, and the whole
process is done under governmental
supervision and without profit to any
! individual
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
State Press Comment
Good Livestock

Good Livestock
Discussing the value of raising
good livestock in Florida, the Flor
ida Grower says it is reminded of a
story of President A. P. Anthony, OF
the Duval County Fair Association.
Mr.. Anthony as an experiment rails
ed native razor back hog along side
a pure-bred of exactly the same age,
giving them each the same feed and
the same treatment, and they were
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
Vor Pobuh.
THE CUBA BOND CASE.

THE CUBA BOND CASE.
Editor The Journal:
Some days ago there appeared in
The Journal an article to the effect
that Cuba had sued North Caro-
lima for a large sum that some of
the western states had tried to coll
lect the repudiated bonds of some of
the Southern states but had failed in
every case. My recollection is some
one gave to the state of South Da-
kota bond for $4,000 dollars
which was placed in the hands of an
attorney who carried it to the high
est court. The claim was overdue
and the money paid to the state.
Respectfully,
L. DAKOTA SMITH,
st. Andrews.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18

Preliminary estimates by John D. North
rop, of the United States Geological Survey,
Department of the Interior, indicates that
the quantity of crude petroleum Produced
and marketed in the oil fields of the United
States in 1916 was 292, 100000 barrels. This
quantity is greater by per cent than the
corresponding output in 1915, which
reached the ecord-breaking total of 281,-
104, 104 barrels Mr.. .Northrop estimates
that SO per cent of the 1916 total came from
the Oklahoma-Kansas field, 80 per cent
from California, and the remaining 80 per
cent from Appalachian, Lima-Indiana, Ill
inois, North Texas, North Louisiana, Gull
coast, and Rocky Mountain fields
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18

exhibited together in the same pen at
Duval Fair, the one weighing 460
pounds, and the other exactly 26
pounds, both being IA months old at
the time. 1T is the kind of a hog"
said Mr.. Anthony, "that has kept
Florida poor. A man is richer for
every one of this kind he Kills before
it has drawn a long breath, and the
longer ne keeps one and the more
of them he keeps, the poorer he
Miami Metropolis.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
Stomach and Liver Troubles.

Much of misery and suffermgs
caused by disorders of the stomach
and liver, may be avoided bA taking
Chamberlain's Tablets-obtainable
everywhere.-Adv.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
General Christian

]. B. Christian, the new adjutant
general, appointed to fill the place
of Clifford R. Foster, one of the
finest men in al Florida, and who
was nominated without opposition in
the June primary, is a gentleman to
fame and fortune unknown in Flor
ida. He is from Alabama, and may
have lived in Florida long enough
to Be eligible t. hold office, though
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
THEY SAY
BY T. {. o.


"The thing can't understand"
said Arthur B. Hayes, prominent
Washington attorney here on BUSH
ness, as that dining car isn't OPP
Grated on the Seaboard Air Line.
Coming over from Jacksonville last
night, it was 9 o'clock before I got
dinner, which / ordered at $50. The
car was crowded, and the one man in
the buffet simply couldn't deliver
the goods any sooner" Speaking about
the leak, he said; "The whole case
rests on pure assertion. Lawson says
Congressman Henry said something;
Congressman Henry says he didn't.
Congressman Henry is a man of es-
tablished reputation know him
personally; he has universal conf
dence. This cannot be said about
Mr.. Lawson. No, l don't think the
business is a party frame-up. 1t is
true republican presented the mo-
ton for an investigation. Possibly
the republicans are more prone to
believe the charges and the democrats
are more prone to disbelieve them
neither side knowing for sure. There
may have been a leak, but it was
probably an accidental one, not in
volving the honor of trusted off
Gals"
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18

Editors Note: Tomorrow's in
stallment win tell how the farmers
may organize national farm loan as
sociations to borrow from the Fed
eral land banks.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
COOPERATIVE MARKETING

The time is drawing on apace when our
farmers must dispose of their hogs. AS the
local demand can not absorb the produc-
ton, recourse must be had to shipping;
both Louisville and Jacksonville are logical
markets. But there are very few farmers
in this region who cam make car1ot ship
ments the others must therefore pool their
shipments in order to fill car
Now the price of hogs varies according
to size and condition; but how will track
be kept of them all? How will the returns
be divided?
This is how it was arranged at Yazoo
last April when seventy farmers cooperated
to ship 425 hogs The Progressive Farmer
tells the story:
These hogs weighed Friday morning cassed
according to quality and size and each farmer given
Shipped Sa e as s5d he Sold fS m FSH were
fS5owIns prices Coca hsa2y
Seght medium boss 200 poands
s7s5 car q feeders. 50 to i25 pounds
-Four I,, days after the shipment
s
s Ssy sbo and &c E -
Twelve ears Of hogs have been shipped cooperaveiy
industry to grow rap Fhse' months and the
1t Escambia county had a demonstra-
ton agent, he would be the man to whom
these details could be entrusted; as it is
some member of the community making
the shipment must be designated Inter
ested farmers may study the details al
greater length in Farmer Bulletin No. 718
Cooperative Livestock Shipping Associa-
tions," issued free by the Department Of
| Agriculture in Washington.
The plan is perfectly safe, as the packing
house statements appraise the stock &C
| cording to grades, and allowing for tht
natural loss in weight due to the railway
journey any attempt at fraud will be read
! lily detected
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18

Business is fine in the entire
southeast" said F. C. Dabney, COM
mercial agent of New York Savan-
nah steamship line. eve are carry
ing increasing freights, have recently
put in another boat and have two
more building. | am certainly glad
to hit Pensacola again-it is always
one of the towns / like to make, and
! am glad to note its steady improve
ment."
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1917-01-18
ODD, ISN'T 1T?
Twenty thousand Chicago janitors

threaten to strike if they don't get a
raise, and many flat jewellers hope
they don't change heir mindA
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
Governor Names State Boards.

Santa DETERMINATIONS of mem
bers Of the cattle sanitary board. peni-
tentiary board and reform school
board were sent to the Senate last
week by Governor de Baca. These
nominations follow:
Cattle Sanitary Board-W. C. NC
Donald, Lincoln county; James ].
Hyatt, Luna; James W. Medley, So
zorro; Hitherto Gallegos, Union;
John w. Rhea, Chaves.
Penitentiary Commissloners-M. A.
Otero. Santa Fe; w. ]. Barker, Santa
F6; Warren Graham, BernaliIlo; d.
f. Thomas, Chaves; ]. Dario CordoVa.
Taos.
Reform School Board. d. Fer
nandez, l. c. F~loersheim, L. l. Taylor
and William French, all of Colfax;
Chris Wiegand, San Miguel.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02

him at the time were his wife, his
nurse, two sisters of charity, Arch
bishop j. B. Pitaval Of New Mexico
and his private secretary, Miss Clara
Olson, whom he had caused to be
summoned a short time previously,
saying he wanted to do some work. He
made a number of appointments on
the 18th.
Washington e. Lindsey, Republican
Of Portales, Roosevelt county, is now
governor of New Mexico, having been
sworn in in the Supreme Court room
by Justice c. ]. Roberts, succeeding e.
c. De Baca, Democrat, whose death
occurred at st. Vincent's sanitarium
here Feb. IS, as the result Of a pro-
longed illness with pernlcious anemia.
The body Of Governor De Baca was
taken to the executive mansion on the
18th. Wednesday 1t was removed to
the main corridor Of the capitol build
ing. A special train left Thursday,
the 22nd, bearing the body to Las We
gas, where burial took place.
John s. Clark Of Las Vegas will sue
coed Mr., Lindsey as president of the
Senate. Mr.. Clark has been acting as
Republican floor leader In that body.
Senators Reinburg of Santa Fe, and
Kaseman of Albuquerque are various
ly spoken Of as his probable successor.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
STOMACH MISERY
GAS, INDIGESTION
"Pape's Diapepsln" fixes sick,
sour, gassy stomaChs In
five minutes.

Time I'll In Eve minutes all stomach
distress will go. No Indigestion, heart
burn, sourness or beIching Of gas. acid,
or eructationb of undigested food, no
dizziness. bloating, or iodl breath.
Pape's Diapepsin is noted for its
speed in regulating upset stomachs.
II is the surest. quickest and most GER
tain indigestion remedy In the whole
world, and besides Il is harmless.
Please for your sake, get a large
~ifty-cent case Of Pape's Diapepsin
from any store and put your stomach
right. Don't keep on being miserable
life is too short-you are not here
long, 90 make your stay agreeable.
Eat what you like and digest It; en-
Joy It, without dread Of rebellion in
the stomach.
Pape's Diapepsin belongs in your
home anyway. Should one Of the fam
lily eat something which doesn't agree
with them, or in case Of an attack Of
Indigestion, dyspepsia, gastritis or
stomach arrangement at daytime or
during the night, It is handy to give
the quickest relief known. Adv.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
GOVERNOR KENDRIck RESIGNS.
Secretary Of State HOux Succeeds as
Executive Of Wyoming.

Cheyenne.-Governor John B. Ken.
drick, who has resigned that he may
be sworn in as United States senator
from Wyoming. was presented a
handsome suitcase by the employees
at the state capitol who have served
during his administration. His pri.
vate secretary, Burke H. Sinclair
who is to enter the employ of a gu.
gar company, where he will organize
a publicity department, was present.
ed a travelling bag.
Secretary of State Frank L. Houx.
who became acting governor upon the
resignation of Governor Kendrick, ap.
pointed John C. Thompson, Jr,, news
editor of the Wyoming Tribune, his
private secretary.
Senator Hendricks private secre-
tary will be Joseph o'Mahoney, news
editor of the State Leader, who until
recently resided at Boulder, Colo.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02

German naval and military leaders
in Berlin estimated that the total
tonnage sunk during February would
not exceed 100000 and expressed sat.
isfaction with the achievements OF
the submarines. The announcement
was made by the German admiralty
that 1000 troops bound for Saloniki
persisted when the Italian transport
Minas was sunk Feb. II. An armed
merchantmen is raiding commerce in
the Indian and has sunk two
British steamers, according to an an
nouncement in Toxic. The British
army estimates provide for an army OF
100000 men exclusive of India and
for a navy personnel of 100000.
Berlin admitted Withdrawing some
troops from mud-filled trenches in the
Somme sector and stated that a
French attack south of Ripont in the
Champagne failed. Activity by French
detachments in the Vosges was an
nounced.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02

The British have captured Pys,
Serre, Miraumont and Petit Mirau-
mont in great offensive on western
front. German line is pierced to a
depth of three miles, military observ-
ers declare. Drive is believed to be
prelude to gigantic onslaught along en-
tire front. London announces sue
cesses for British forces in Mesopo-
tamia and declares the invaders,
after defeating the Turks, have
crossed the Tigris river. Minor en-
gagements are reported in northwest
ern Russia and in the Carpathian
mountains. Rome announces that
Austrian attacks have been repulsed.
Berlin says that the situation in Ru-
mania is unchanged.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
Founder Of Lad veaaa plea.

East Las Vegas.-Peter Trambley,
for fifty years q miller in Las Vegas,
whence he came over the Santa Re
trail, died at his home from the in.
firmities Of old age. Mr.. Trambley
was a native Of Canada. of French
p~arentage. He came to the United
States when a young man and eventu.
ally became a teamster on the Santa
re trail. He located a home on the
side Of the trail, about which grew
up a populous part Of the city of East
Las Vegas.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
.GOVERNOR DEBACADIES
NEW MEXICO OFFICIAL PASSES
AWAY At SANTA FE.
Was 90 When Sworn In and Strain Of
Exercising His Functions as Elk
eeutlvs Lessened Chances Of
Recovery.

western Newspaper Union News Service.
Santa F4, N. M.-Governor E. 9. de
Baca died Sunday afternoon at 4
o'clock OF pernicious anaemia.
Governor de Baca had been III for
some time, faiHng health forcing him
to take only a minor part in the am
paign for his own election last fall.
He was worn in virtually on a sick
bed, barely a score Of persons attend
ing his Inauguration. which was held
in his room in a local sanitarium.
The end came 30 peacefully that for
several minutes It was thought the
governor merely was sleeping. with
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
Raiders Held for Hearing.

Feming.-The twenty-one Mexicans
caught in Mexico by Pershing's troops,
held at Columbus and alleged to have
been members Of Villas band which
raided that town March 9, 1916, were
brought here for preliminary hearing
before United States Commissioner b.
Y. McKeyes.
Western liberal. (Lordsburg, N.M.) 1887-1919, 1917-03-02
Women MAJ oet RInht to Voc.

Santa Fe.-As the constitution pro-
vides only that women may not vote
for Officers" in New Mexico cleo
lions, a bill was introduced in the
Senate comforting on women the right
to vote on constitutional amendments.
If such a law were passed, 1t would
give women the privilege of voting on
the proposed %prohibitory amendment.