Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1918-03-01
FARMERS WARNED
Of NEW SNIHDLE
MAN is ADVERTISING THAT HE
WILL ORGANIZE FARM LOAN
r ASSOCIATIONS FOR $500.
SMALL TOWNS MAKE RECORD

Ahead of Cities in Buying the Smile
age Books-American Soldiers Lost
on Tuscania Protected by Govern
ment Insurance.
Washington. Another scheme for
swindling the farmers of the United
States has been discovered by the fed
eral farm loan board. A man adver-
Using himself as an authorized organ
izer of national farm-loan associations
Is sending out advertising matter EN-
blazoned with the national flag, stat
Ing that he will organize such associa-
tons at $500 each, and will teach 9TH
ers the trick for a certain sun Of
money. His advertisements have
reached farmers and business men
over a large part Of the United States.
He claims to be so busy organizing
national farm-loan associations that
he needs help, but will take time to
teach others for a monetary considera-
ton.
All such representations are fraudu-
lent. In order to borrow under the
farm-loan act, 1t is necessary for
farmers to organize cooperative ma
tiOnal farm-loan associations in their
local communities. 1t is a violation Of
a ruling of the federal farm loan
board, published more than q year ago,
for a national farm-lOan association
or a joint-stock land bank to spend
any money for promotion purposes,
ASS 'ations thus organized will not
be , artered by the federal farm loan
board. Farmers are warned therefore
against anyone asking a fee for his
proffered services in connection with
applying fer a loan under the federal
farm-loan act.
Results of the smileage campaign,
which put books of theater admis-
sion coupons on sale in nearly every
town and city in the country, show the
small towns and villages far ahead OF
the cities In overselling their proper
tionate quotas Of books.
Pilot Rock, Ore, was the first town
In the country to send in a check. Lau-
rens, Iowa, a town of 900 population,
took in 500 before the first smileage
book was received. Titouka, Iowa,
with 200 population, bought $83 worth
of books, the largest sale In proportion
to population yet returned.
The coupons In smileage books are
exchanged by the soldiers for admis-
sion to entertainments in theaters
built in the camps by the commission
on training camp activities. Admis-
sion charges range from 10 cents to
25 cents, or from two to five smileage
coupons.
Any American soldiers lost or the
torpedoed transport were protected by
United States government insurance
and government compensation. Those
who had not applied for insurance
were covered by automatic insurance,
which is payable to a wife, child or
widowed mother. The automatic in
surance aggregates about $4,000, net
ting $25 a month for 240 months. In
surance that had been applied for is
payable to a much larger class of ben
efciaries and can go as high as $10,-
600, netting $3.50 a month for 240
months.
The compensation In case Of death,
given by the government without
charge and regardless Of rank or pay,
ranges from 500 to $75 a month, based
ON the number of dependents. Pay
ments under the compensation feature
Of the military and naval insurance act
in case Of death are payable to a
widow, children, or dependent Wild
owed mother.
The automatic insurance ceased N
February IL. but the compensation
feature Of the act Is a separate pro
vision. The scale Of compensation In
case of death follows:
(a) For a widow alone, S25.
CD For a widow and n child, $50.
(c) For a widow and two children.
SAT. so, with IS for each additional
child up to two.
(d) If there be no widow, then for
one child, $40.
(e) For two children. $50.
(f) For three children, so, with S.
for each additional child up to two.
(g) For a widowed mother, $40. The
amount payable under this subdivision
shall not be greater than q sum which
when added to the total amount pay
able to the widow and children. does
not exceed $75.
To meet the shortage of small silver
change In Norway a large issue Of ne