The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1918-06-06
Eastern Capitalists to Fl.
nance War Production on
Indian Grounds
NORTH DAKOTA MAN
LEADS THE PROJECT
Hundreds of Thousands Of Acres of
Choice Land in Montana and Wyo-
ming Available for Cultivation. p.
Morgan Among Those Interested.

morgan Among 1AoSc 1HtcIcStcu.
NEW YORK, June 6.-As a step to-
ward winning the war, group of East |
ern capitalists, prominent among them |
being J. p Morgan, has formed a
So 100000 corporation which will fl
nance the cultivation of wheat on four
Indian reservations in Montana and
Wyoming. The new project was the en-
| dorsement of the United States govern
ment, having been suggested by the
department of the interior.
| Three of the reservations in Montana
are the Grow, Black Feet and the Fort
Peck, the fourth being the Shoshone
in Wyoming The large scale upon
which the land is to be cultivated may
be realized from the fact that the acre
age covered by these reservations is es-
timated at from 10000 to 100000
acres of choice land upon which wheat
will be cultivated.
Thomas u. Campbell of Grand Forks,
n. D., is president of the new corpora
ton which will furnish the facilities
for wheat growing on the Indian reser-
vations Frederick w. Stevens, for
merly with j. p. Morgan 4 Co., is vice
Observation-Disclosures Rosseau, secretary
and treasurer, and John S. Johnson,
assistant treasurer.
The banking interests who have fur
nished capital for the new enterprise
may be CLEANED from the members of the
direc torate, which consists of Thomas
| d. Campbell j. S. Torrance, San Fran
$ cisco: Frederick w. Stevens, Ann Ar
4 Dor. Mich; j. 2. Morgan, Charles III
Sabin, president of the Guaranty Trust
company; James A. Stillman of the
r / National City Bank; Maxwell Epson
/ and Francis II. Sisson, vice president
of the Guaranty Trust company.
= J. p. Morgan when asked to give hi:
!, views on the new project said:.
s''Of course we are in hopes that tn,
/, enterprise will not prove d losing one
We know little or nothing here in thu
East about practical farming ON larg
: scale but we believe that Mr.. Camp
. bell will probably be able to overcom
= the natural handicap of weather eondi
tions, scarcity of labor, material. &c
# and viii be able to make the enterpris
e ultimately profitable. The determining
|; factor, however, in our final decisio
IS to go into this proposition was the de
sire to lend our aid and eo-operatio
1t with Secretary Lane in this war meas
e ure of increasing the supply o
IF wheat by cultivating ON a substantis
es scale lands which might otherwise nc
nc be used.
The department of the interior nc
- long ago expressed to Mr.. Campbell til
or desire that he should undertake the fol
w nation of group of sufficient fnanei;
ID strength to furnish ample funds for ii
in cultivation of wheat during the war
N the districts named, it being. obviousl
impossible for the Indians to undel
> take the cultivation of this land on
n large scale.
"a Secretary Lane became impresse
with the vital Importance as a W;
~ measure of putting as much as possib
~ of this extensive acreage into whea
~ He therefore summoned Mr. Campbe
~ who has long been successful farm
along scientific lines in the Northwe
- and in California and urged him
u form a corporation which should lea
= the land in question for series
oi years and at once undertake active
the work of cultivation.
The corporation has no right or tit
to the land itself and Secretary La
specified that the corporation shou
=, provide all the funds for such perm
ds nent improvements as may be necessa
in along the line of farm buildings, 6
eel The corporation will also provide mon
a for the extensive agricultural MACH
icry required and for any other nect
sary investment in plant and equi
ment account.
ep- A substantial part of the land
ppe each reservation is under irrigati,
This present irrigating system is to