The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1920-10-22
$27,OOO,OO0
THE SOUTH DAKOTA hOHAL
CREDIT BOARD DISTRIBUTE S
100000 A MONTH.

Dakota have secured benefits OF the
rural credits act. since it became a
law. Every county in the state. Is
included in the benefits, and to date
SEQ 900 has been loaned to farm
ers TO assist them III the developnleh
of the state. The rural credits board
is one of the busiest O"rganlZatlosS III
the state. The department has Sc
cured money for loans at the lowest
possible rate, and up TO the time OK
the present financial situation forcing
up rates. the loans have bee made
at the rate Of So per cent, but even
with credits being limited generally,
the department has been able TO help
out farmers ut a rate OF $50O,O00 a
month, and is in shape by a new loan
to carry on at the same rate or bet
ter for another six months. About
$4,000, 600 was placed at the low rate,
and 1000, 900 at a rate slightly high
er, and this ate will be maintained
until money can be loaned at figures
which will allow a reduction. While
the policy from the start was one OF
development, since the financial
stringency the efforts OF the board
have been devoted to making loans
to farmers who have mortgages com
ing due, which they must care for, and
on account of the low price OF stock.
This policy along with one of using
the funds to assist in meeting the ne
cesSities of farm business, has been
the policy for several months, rather
than the one used at the outset of
making the loan for development puc-
poses. The purpose Of the board at
the present time being to care for
the pressing needs Of farmers. The
largest portion Of the loan in dollars
has been placed in the Sioux and jim
river valley sections of the state, but
i'll number Of loans, practically as
many have been made west of the Mis-
souri,.
The water problems of Mitchell
and other own in the immediate
easily be solved, according to a Lin
coin, Neb., g~eOiogist, who writes that
it is a we'll known scientific fact that
the Missouri river formerly ran in the
James river valley, entering the state
south Of Bismarck and leaving it near
Yankton. The Missouri river water is
exceptionally good, he says, and the
old river valley is still flied with that
water, running in a Subterranean
channel, perhaps 200 feet under
ground. He says he has invented an
electric device which will locate the
old channel within one or two feet.
The underground current, he SAYS, is
charged with electricity, thus making
its location with his instrument easy.
In Perkins county is one Of the
few small herds of antelope yet re-
naming in this state, and the local
game wardens in that section are do
ing all they can to prevent their ex-
termination. Hunters take every op-
p%Ortunity to take a shot at them if
they think they can do it without get
ting caught, and the efforts of the
wardens in past years have apparent
ly not helped, as the herd numbered
far more a couple OF years ago than
it does now. The penalty under the
state law for killing ar antelope is
q Jail sentence. No fine is provided
for as an alternative.
The question of engaging the sery.
ices of a business manager is the
nhtAE n,oftAy eaI41r1AI - L. r.L-.4
Ged to the voters at a special election
called In Chamberlain. The mayer
plans spending the winter in CalifOr
MIA, and as no one else a be found
to accept the office Of mayor, a move
ment was i~naugurated to have the af
fairs Of the city conducted by a bust
ness manager.
Residents of the Black Hills have
been appealed to by attorneys at Riv-
erside, Cal, for aid in a~scertaining
the whereabouts of Mrs. Ina Brit. or
her father. +. B. Fleming, former resi-
dents of Lead, who are heirs Of G.. w.
Brit. who died recently at Riverside,
leaving a valuable estate.
AL the september examination lOf
school teachers, there were 1888 ap.
plicants for licenses, and of these
seventy-nine were granted first grade
certificates, GIL second grade certifi
Gates, 223 third grade certificates and
IL primary certificates.
Hundreds OF people of Epiphany and
the surrounding region will be present
at the unwilling and dedication of a
monument in honor of the service men
at that place and vicinity, which has
been erected in Epiphany.
A fire originating in the kitchen Of
a hotel destroyed a whole city block
in the city of Crescbard. The prop
erty damage was estimated at 1925,
600.
An outstanding feature of the crop
Improvement Of the Edmunds county
farm bureau is the agreement of 80
farmers to try the soybean next year.
Prairie fires are reported so far
from Walworth, Potter and Lyman
counties.
Work on the road project between
Madison and Wentworth rapidly is