The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1921-08-11

dCVelOD the New SAleul ldd"s 1"o
first Of two articles appears here
with
The Bismarck Rotary club will be
the first Rotarian Club in the United
States to inaugurate a plan for I'M
porting dairy animals into their coun'
ty If the plan is fully carried out.
The farmers OF Burleigh County
who are interested in dairying, are
awaiting with great interest ana eH-
pectation for the approval OF sucn a
plan by the Rotary Club or some other
such organization in the county, be-
causc they realize that the dairy COW
is going to be their salvation. Like
wise dairying is going to be the only
salvation for some Of the grocerymeh'
the drygoods men, the baker ana DanK-
er during the coming year and those
years that are yet to follow.
Never in the states history has the
interest in dairying been so Keenly
aroused as right now and never mas
the price on dairy cows been so raw
orable as at present. With short.
are of feed in the dairy districts OF
this state, Minnesota, and Wisconsin,
together with the surplus OF gooa
stock, which has not been sold due ~
= lack of financial assistance, the pest
tyDe of dairy animals are offered at 4
very reasonable figure. TaKlng mo
consideration the good work that the
Rotarian Club has already done tor
the betterment of Bismarck, the plaD
Of financing the farmers OF their com,
munitv for purchasing dairy STOCK WIZ
nrobably ,be the greatest monument
to the rotary club of all it's work anu
thew will be able to look back to tnls
sten as the most constructive move
mont that their minutes report. Such
Dlan has been worked out, similar
tn those already in progress in sever
al states which IS as follows:
The Bismarck Rotary Clnb coulo,
by its present Organization, originate
bureet, either by subscription or py IS
suing shares, to finance farmers IN pui,
cha sing the best means of llveilnooo
IN the farm today-the dairy cow
This budget could be used for per-
iod of several years, turning the money
over and over as quickly as payments
ore made. The plan calls for three
vears time. interest at 6 percent, anu
n,vments made monthly. A mortgage
On the animal and the progeny woula
be held by the club or lts agent u''''
the animal is fully paid for.
An explanation OF the plan wouIu
necessitate too many details, Dut IN d
concise way it may be stated that th's
plan. has three distinctive advantages
for an investor: o,,
First-The principal decreases each
month. ;os
each month.
Third-The mortgage on the pro-
penv "a well as the animal makes ine
soc,r;tv stronger as each new calf IS
produced.
Interest Seems Low So,
The interest of 6 percent seems low
and that Is actually what IL woulu
cost the farmer. but where enough
money is turned back on each month )
navment. this could be used Tor ilhahc,
ins another carload of animals ana
tho principal would again go TO WORK
.nd make more. interest for tne III
vastor A change could be made mere
mr. any other place in the PLAN II hec-
essary. as the plan is made e'as'"
enough for such changes.
The monthly payments may ue eo ~
plained by taking the actual oos. ,,eh ",
the animal, $4,000 Cprices are mucn ecn
lower at present.; the interest :o'
tbree wears, $2700; three annual IN
snactions, $500, and a monthly pay.
ment of $500 per animal is VIVA.
would he due. AS stated before DAIRY
stock can be purchased much under
thiS nrice at the present time Du'
thoca f;pures are easy to understaho'
How Plan Has WORKED
This nlan has been worked IN sever
NJ other states where it has been very
successful to both parties, JPN a
recent visit to Marinette, "lseons'a'
the writer founl that the town oisa
ization had just unloaded three iiol'
carloads of dairy cows for their larh'-
ers, which made their total business
for the sixteen months, under TINS pan,
amoun: to more than $4,000. IN 1919
tho output of dairy products IN tnls
county amount ed to $250,OOO per year )
in 1917 the output of dairy products
amounted to $l,O00,O0O per year, anu
for 1920 they ran betwo"n one and one
half to two million dollars.
What great opportunity is offerea
tho bismarck Rotarians to carry on
with their motto Of Service BEFORE
Self" by starting this budget and 60
ing through to the completion o1 tne
MAN. The farmers of Burlelgh county
I, on&i0f