The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1918-09-13
PLAN TO HELP FARMER WHO
WANTS TO BUY A TRACTOR
Realizing That on the Farmer De-
ponds the Winning of the War.

ponds the winning OF the w ar.
A problem that eonfronts the
farmer of the Pacific Northwest to-
day is help. The help that the ship
yards have left on our farms is, in
the main, expensive and inefficient.
As result of this condition, many
progressive farmers have been wise
ly turning their attention toward
tractors, trucks and other forms of
power driven machinery which do
away with the more expensive power
Of horses and save the feed and la
Dor they entail. How to finance the
purchase by farmers of these trac-
tors and other forms of power ma
,hinery has been a problem that not
)nly concerns the farmers, but his
implement dealer as well.
Power driven machinery in most
cases is expensive and as bust
ness proposition many farmers want
two full seasons to pay their trac
Tor bills while most banks are not
lsually willing to have their money
nut for so long time.
There has recently come to my at
'ention plan for financing the far
ner that seems to me most practi-
al and has been successful in those
districts where it has been tried.
This is the plan of the Western
Farm Credit Co., which has recent
y opened offices in Portland The
plan, which has much merit in it,
works like this: The purchaser Sc.
'ects the tractor he wises to buy and
pays the dealer certain amount
4own on the purchase price, giving
his note for the balance. The COM
Dany furnishes the dealer with a
simple business-likc contract or form,
FOR this use and when the sale has
been completed and the sales-con-
tract properly filled out and signed
the company takes over the farmers
obligation, giving the dealer the ne
nessary cash. This enables the farm
CT to secure the needed machinery at
once, so that he can start it to work
and make it earn dividends for him,
80 that when the time comes to fin
ssh paying for the machinery bought
on these easy terms he is in a po-
sition to make his payments prompt
ly.
This plan is great help to the
dealer because it helps him to in
crease the volume of his business
by financing sales he might not
otherwise be able to make because
of the burden of these long time
credits.
Bankers should favor this propo-
sition because it means the increas-
ing of crop production and means
the opening up to them of an oppor-
tunity to loan their money for a
shorter time for many other lines of
farm activities. They should well
come the advent of this plan in their
-ections
We ave repeatedly pointed out
-tthat power driven machinery is sup
planting much of the power furn-
shed by horses on the farm and it
IS doing this on basis profitable to
the farmer. Especially at this time
when our country is in such great
need of increased production is this
plan for time sales worthy of care
ful consideration on the part of all
farmers in the Pacific Northwest
who can make use of it in purchas-
ing farm tractors or other power
farming machinery.
Tractor Purchases by Northwest
Farmers to Be Financed
Portland, Ore, Aug. 21.-Mr W.
D. B. Dobson, secretary of the Port
land Chamber of Commerce, an
nounced today that the Western
Farm Credit Company, Ltd, has
hcen induced to establish branch
office in Portland. to handle in the
Northwestern states of Oregon.
Washington, Idaho and Montana. the
work of financing tractor purchases
in which this company has been en-
gagged in other parts of the Pacific
coast Arrangements have been
made to take offices here In the
Northwestern Bank Building.