The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1918-02-14

and other products that should be
preserved that way. There would be
creameries and cheese factories or
creamery and cheese factory suffi-
cient to take care of the dairy pro-
ducts. There would be wooden fac
tory sufficient to manufacture the
wool into cloth and tannery suffi-
.cient to dress the hides of the CATTLE.
sheep and other animals slaughtered.
How much Of population would be
necessary to care for the manufac-
turing needs Of the corporation / do
mot know, but probably counting
those actually engaged in the manu-
featuring business with those neces-
sary ii look after the business details
of the corporation, the necessary Of
flee and managing force, would sup
pose that no fewer than 1000 persons
would be required, or rather an addi-
tional population of not less than
1000 in addition to the 1900 fami-
lies directly engaged in the agricul-
tural work.
The houses built by the corpora
ton should be modern and beautiful,
costing not less, l should say, than
$4,000 each. AS material would be
procured by wholesale and as the
structures presumably would be
mostly cement construction, much
better houses should be built for
$4,000 each than can be built under
present conditions for that amount.
Assuming that 2,400 dwelling houses
would be needed, the cost of these
would be $7,2O0,000. To build and
equip the necessary factories and
mills, build the necessary public
buildings and purchase the necessary
implements and equipment for farm
ing purposes might require an ex-
penditure of perhaps million dol
lars more. Then would come the
making Of 800 miles of roads con-
Meeting the central city with all parts
of the corporation farm.
In Southwestern Kansas excellent
roads can be constructed very cheap
ly. Thehe would be no heavy grades
and few bridges and culverts to
build. Neither would it be necessary
to construct hard surfaced roads.
Perfectly graded and oiled dirt roads
would answer every purpose. feel
certain that such roads could be con-
structed for less than $500 a mile.
Placing the cost at $500 mile the
cost for roads would be 100000,
making the total cost of land, build
ings and dwellings, factories, schools,
implements and general equipment,
$14, 100000. ,..
The capital stock of the corpora
ton would be- divided into shares of
500 each and each resident of the
community would be required to own
at least one share. If there were
five members of family for exam
pie, five shares at least would be
owned by that family. =.
Land owners within The limits of
the corporate holdings would be per-
mitted to turn in their land at an APP
praised value and take in lieu thereof
stock in the corporation equal to the
value of their lands, or they could
sell the land to the corporation and
take payment partly in stock and
partly in cash. Poor but reputable
men should be permitted to purchase
stock, giving their notes to the cor
poration' 70 rany unpaid balance on
the stock, the notes. bearing the same
rate of interest the corporation had
to pay on bonds issued by it to secure
necessary capital, the stock so sold
would be held in the treasury of the
corporation. with the notes until the
same were paid. To get whatever
capital might be needed above the
amount Of. cash received from sale OF
the capital stock, the corporation
should issue its bonds. / believe that
the corporation could form a joint
stock land bank under the Federal
Farm Loan Act and in this way be
enabled to sell its bonds on 4R per
cent non-taxable basis.
In the election of officers to con-
duct the affairs of the corporation
each stakeholder would be entitled
to one vote and only one, regardless
of the amount of his stock, but in the
distribution of dividends he would
receive in proportion to the number
of shares he held. In order that the
stock of the corporation might not
fall into the hands of outsiders it
would be required that any stock
holder desiring to sell his stock must
sell it to the corporation and if he
sold all Of his stock he would also
be required to move out Of the cor
poration and give way to resident
stakeholder. The workers on the
corporation farm would all reside in
the city and be transported to and
from the places where the work was
being carried on in fast motor buses. |
Tho longest distance that would be |