The Bowbells tribune. [volume] (Bowbells, Ward Co., N.D.) 1899-1969, 1920-09-10

4OtIOO1O tlOlO Sttltu &
WHEAT FOR $2.65
s Fargo, N. D.. Sept. 9. North Da-
kota farmers should hold their
wheat for a price. of at least $2.65
& 1.-the elevator. s@:s I: ...;:4s
This is the advice of no less an
authority than Dr.. p. F.. Ladd: him-
self. DR.. ,Ladd accepts the figure
1876 not because he is satisfied it
I IS the price the grower should re-
cefye, but because the United States
department Of agriculture has de-
cided. from its study OF wheat grow
sing. that it 80 per cent Of the wheat
growers of the United States are to
{ receive a reasonable profit on their
work they must have a minimum
price OF $2.65. ,sss.. j, 80. III;
Furthermore. DR.. Ladd believes
that IL the farmers of North Dakota
will hold steadfastly to their present,
program, and If they are Joined by
d fair proportion Of the growers in
other states, the farmers can, by
1922, themselves fix the price OF
wheat - g !. ..5
DR.. Ladd is emphatic. however,
in pointing out that, if the farmers
are to control the price Of wheat,
they must be In position to finance
the holding OF the crop. This In
wolves the strengt thening Of the Bank
of North Dakota, not its weakening.
as proposed by the j. ". Al, and the
establishment of other banks in 9th
er grain growing states, either dir
ectly by the state. as In North -Da-
kota, or by cooperative action. .:
Selling: Now Below Cost
The ito arrive price Of No. !
dark northern in Minneapolis yes
terday was just under $3.50. The
gamblers who fix the price, however,
1 deduct 10 cents from this amount
for commission and prof1ts, when
paying the North Dakota farmers,
plus freight, which Is nine cents
from Fargo, and proportionately
more from other parts Of North Da.
kota as one goes west. When the
..to arrive price in Minneapolis is
$3.50, therefore, the North Dakota
farmer who ships from the eastern
counties of the state must deduct
y 19 cents. He therefore gets only
+$2.41, Or "a cents per bushel less
than the cost Of production as, de-.
termined by the government. ....
Taking Manager ]. #. McGovern's
estimate Of the 1920 crop. as 6O,-
900, 900 bushels, North Dakota
!. farmers will lose $14,40O, 600 on
this crop II they sell at the present
figures. .ss &: s. ~,
ss And this amount. which is what
s the crop will actually cost North 4Da-.
kota to- grow above what it will
bring Will be 4t0la len by the Il TWine
sCities grain gamb blers For Dr. l
sLadd is firmly convinced that the
price OF wheat Will 60 much higher
before the next crop is marketed.
He points ito. the shortage in the
Argentine, that is already sending
wheat higher in the gambling pits.
He shows also that war still grips
Europe, SO that it will be several
years. at best. before the supply OF
wheat catches up with the demand.
II All Stick Can Get $2.85
q Therefore. it the farmers of.
North Dakota will but stick together
in holding, their wheat, they are al
most certain to receive a living price
for it. Dir. Ladd believes that busi-
ness and banking interests of the
state should be glad to stand back
of the farmers In statewide move
ment for holding the 1920 crop for
a net $2.66. for it stands to reason
that II the farmers receive for their
crop less than it costs them to pro-
auce II. all business in North Da-.
skota will suffer.
Dr.. Ladd feels strongly that the
time has come when the farmers
must stand together for their rights.
You see very few. young men on
the farms today. z. he says. Most
OF our farmerss are old men or mid
dle-aged men. The young men
have left the farm Even BARRIERS
are paid more than a man on the
farm. I'm. not blaming the, bar
bers 'm not saying they are over.
paid am simply pointing out that
when the farmer ts the lowest paid
slaborer In the United States 1t lis
folly to expect that the boys will
stay on the farm And what is go-
ing to- shappen to the farms when :
the present gener alton Of Il farmers. !,
passes away T. MI s8 s $5