The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-27

WAHMH OF q TOW HtEHF HAEW NhkE -
G. Towniey who has proven his
loyalty and his ability TO do
thinus--AND THE NONPARTi-
SAN LEAGUE PROPOSES TO
GIVE Mr.. TOWNLEY AND HIS
ASSOCIATES ALL THE POW
Err 1T CAN, NOT. TO SELL
GOODS TO YOU AS HIGH AS
POSSIBLE, ut a higher price
every year, but to secure the
goods for the League members
as cheap as they can be secured
on the world market-where the
GOODS. are manufactured or
products grown. When you have
delegated your power and estab-
Iished this store system, the
farmers will have more power
not only politically, but in do
ina business than the Steel Trust
has e day. But they will never
secure that power until they
Give men authority 20 work out
\ plan the same az MIR. Schwab
worked out a plan whereby the
steel owners can now get W for
steel where they only got ~
before.
Mr.. Townley receives only $500
month and. 5000 a month travelling
expenses, Mr.. Schwab OF the Steel
Trust receives ONE MILLION a
year and expenses. And Schwab Is
not paid too much because last year
under his MANAGEMENT one company
in the steel trust made $24S,O0O,OO0
more than it made in 1914.
If Mr. Townley could be given the
power to save the farmers $24S,0O0,-
600 in their buying during one year,
It would be a good investment to
pay him a million a year, but Mr..
Townley is not looking at it in this
light-HE IS SIMPLY WORKING
TO PERFECT AN ORGANIZATION
THAT WILL GIVE THE PRODU-
GERS AND CONSUMERS A
SQUARE DEAL, and whatever his
rewards may be, he is willing to
leave that 70 :Ea future.
HOW GAN YOU DO BUSINESS
WITH NOTES?
Ninety per cent Of all business is
done with paper. For instance, il all
the farmers and business men at
(name of town. would take all their
money out of the (name Of town.
banks, THE BANKS WOULD GO
BROKE, or
If all the farmers and merchants
at and around (name of town. would
go in and pay all their notes at
the banks, the BANKS WOULD
HAVE TO CLOSE UP BECAUSE
THEY WOULD HAVE NO IN
COME.
They have power and make money
because the people cooperate with
them, because they have THOU
SANDS UPON THOUSANDS OF
NOTES. BEARING IN
IN THEIR VAULTS.
They can borrow money from the big
city banks and from the national
government-not because they have
they have farmers notes
in their possession, drawing a good
rate Of interest.
Did you ever stop. to think that a
note is better than money or a farm?
MONEY IN A VAULT HAS NO IN
COME. A FARM DOES NOT PAY
EIGHT PER CENT PROFIT UPON
THE INVESTMENT AFTER PAY
ING ALL EXPENSES, WAGES FOR
AND FAMILY. ETC,
HAIL INSURANCE. TWINE AND
OTHER THINGS NECESSARY TO
RUN A FARM. A NOTE COSTS
EIGHT PER CENT PROF
1T. -..
We propose to put your notes in
the vault Of this organization, certi-
~ to them, make a sworn statement
like a bank does and then borrow
money on these interest bearing
notes. Take the money and pay cash
for what the stores buy and sell for
cash. The interest you pay on the
notes will more than pay the interest
on the money we borrow.
Fifty thousand farmers in North
Dakota at 500 each means
FIVE MILLION DOLLAR or
uanization. An organization with
100000 drawing an income Of
8 per cent-that means the big
gest financial organization in the
state, and means not only SO
stores but hundreds Of stores in
the state, in all the trading een-
tiers. An organization that can