davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
order ,istrinI in Murder Case.

MARSHALL. y. c.. Aug. CA mis-
trial was ordered today i'm the trial
OF jcssc Massey. charged with the
Staying Of L. j. Farmer. a deputy
sheriff OF Madison County, who was
shot from ambush recently. The case
has been in progress in Superior
Court four days, and the jury. after
forty-two hours elaboration, was
unable To agree on verdict
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
PLEAD NOT GUILTY !"
OF KENNEDY MURDER
Mrs. Obenchnin md furch In Los
Angeles COurt-'rrinis to
Start November 4.
by ANsociatcd Press. |

Los ANGELES, CAL. Aug 90
Pleas OF not guilty were entered in
the superior Court here today hy
Mrs. Madeiynnc Obcnchain and Ar
thur G. Burch, Jointly indicted by
The Los Angeles County grand jury
on charges OF having murdered j..
Helton Kennedy. broker. in Beverly
Glen. near here, August .
ThcT trial was set for November
|. Hearings Within ten days Will be
held on motions for separate trials
filed by the defense.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
purceIIyiIIe Nine wtnn.

PUitCELl-NlI4LE. VA, Aug 99-
The Purcellville baseball team de-
featcd the Leesburg team Saturday
on the lattcr's grounds. to O. These
teams are members of the Loudoun
Middlcburg. are now tied for first
place in the race for the pennant. The
battery for Purcellville Saturday was
File and Hoo; for Lecshurg, Lodge
and Drake,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Poor nout stor.d I'm New yo,,,

BOSTON. Aug. 29.--In one o. the
poorest bouts seen here In months.
Eddie Fitzimmons, of New York. was
given the decision after ten rounds
with inky Mitchell, of Milwaukee
The AFFAIR was as slow as second
rate turtle race. and the fans Kissed
and hooted from the first round to
the tenth
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Tcnnin Star suGer. ReIopse

NEWPORT. II. L.. Aug. 29.-Mlie.
suzanne Lcnglen, French tennis
wizard has suffered another relapse,
ii was announced Monday. and VIII
not he able to appear on the tennis
courts of the Newport Casino We'd
nesday. rs had been scheduled. Sew
eral hundred tickets had been sold in
advance and there was considerable
among tennis fans.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Jess neiIcyex fin prenaredne.x

TOPEKA. KAS.. Aug. a9.-Jess
willard. while IN this city today on
business, said that he had started
training for q proposed bout with
JACK Dempsey. lie said he would
scale MS present weight OF 255
pounds down to cas-. his weight when
he lost the title to Dempsey at To-
ledO. July {. 1919
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Greenwood Win, CONTEXT.

tNFF.N WOOD, MISS. Aug. 29.-
Greenwood made II two straig.. over
Clarksdale here today by defeating
the visitors. to 0. in series OF
nine games to determine the cham
pionship of the Mississippi State
League split-season. Boyd, for the
locals. pitched invincible ball in the
pinches.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
DISPLAY CLASSIFIED
Commonwealth or Virginia.
ONCE %! the
superintendent OF Public Printing.

Kichmond. Va. August 90. 1921.
SEALED pROrOSAl.S WILL BE re-
THURSDAY. SEPTEMBER 5. 1921. for
the PRINTING. BINDING. RULING.
etc. Tor the state OF Virginia for ono
year from October /. 1921.
Printed schedules, showing in de-
tail the classiilcations. on which all
bids VIII he required to be made, viii
be furnished 10 bidders on applica-
ton.
Contractors wln be reu.:ired to en-
ter into bond with rccurity. to he ap-
proved by the Secretary or the Com
monwealth. for the prompt and faith
fui execution Of their contracts
The right is reserved Of rejecting
any or all bids and the work viii be
awarded in such lots or portions AS
the Superintendent may deem proper.
All bids to be enclosed in sealed
envelopes and "a DO plainly marked
proposals or Printing ard PRO
DAVIS BOTTOM.
superintendent of Public i'rintinc.
SEALED PROPOSALS. WILL BE re-
ccived at the SAME TIME AND
PLACE for furnishing the following
papers for the use OF the Common
wealth:
i25 nEAMs 3Gx52 100 ID. Z. s. Fla,
go HEAMs l7x22 i. lb. Canary
$50 IsEAMs i7x2s sois ID. Flat.
250 REAMS l7x22 "a Id. Fiat,
i25 REAMS l7X2S 1854 ID. No. 2
$50 nEAMs l7N2s 2G,4 Id. No. 2
10 nEAMs No. Bond. assorted
w,ishtS, sizes and colors.
weights. sizes and coiors.
80 REAMS SKIS SEE lb. 40. .
900 EEASis 25xss-so No. ! s. & S.
t.l a al
ncedcd. and to he paid for as de-
40 REAMs 3sx50-l2o No. / Coated
Rock for Annual Bulletin, Depart
mcut of Agriculture. 10 be delivered
100000 Second Sheets. s!4xIl.
wrapped in packages of 50o-No.
Canary Writing: - lh n,, basis; .,,
times. in such quantities. and into
such places ns the superintendent may
direct without charge FOR freight or
dr."aSc,
B.ddefs Will furnish samples of
size and weights advertised for. The
right is reserved to reject any or all
bids.
All bids to I've incloscd in scaled
envelopes and to be plainly marked
proposals Tor Paper.
Nojc.-Dids for paper viii be opened
at the pleasure OF the Superin-
tcndcnt.
SEALED PROPOSALS WILL BE
received At the SAME TIME AND
PLACE for furnishing incidental OF
flee stationery supplies. consisting OF
PENS. PENCILS. INK. RUBBER
BANDS. etc. etc.
All bids to be made upon blanks
to he furnished by the Supcrintcnd-
-nt Of Public Printing and to be in
closed in scaled envelopes marked
Proposal for Furnishing Stationery
Supplies"
DAVIS BOTTOM.
Superintendent OF Public Printing.
Aug. 2G-2S-30; Sept. l-3-5-i.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Giants Purchase nookic.

KNOXVILLE, TENN, Aug. 20
Irish" Malone. the smoke ball king
OF the Appalachian League. has been
sold by the Knoxville club too the
New York Giants for September de-
livery. Malone is q right handler.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
FOR SALE

Up and at IL. Only three acres left
unsoid OF the property we represent
on Dumbarton Avenue. BE quick or
you will miss your chance. We have
attractive offerings of land in various
sections. We also venture to assert
that we have the best and cheapest
building. lot on North Avenue Buy
now and take your profits later
EDWARD S. ROSE co. INC.
Lands. Lots. Loans, Rents, Sales
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
hUCTIONS-LEC1LS
I.egn; Notice,
OF

CREDITORS take notice. Abe PI0thIn
?ei Brook Avenue. has aold his grocery
store to Julius Gross All bills due must
H. presented not later than August 30
Tor payment. tSigncd) julius l.. Cross,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

Southern Association Results.
Birmingham, 3; Memphis. 0.
Little Rock, 4: Nashville. s.
New Orleans Mobile. postponed.
rain.
Chattanooga Atlanta. off day.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

south ATLANTIC Association Results.
Augusta. ]: Charleston. o. -iS''F
Greenville, ID; Charlotte, IA. 81
Spartanburg. 8: Columbia, 6. as
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Club Owners vie seeks Divorce.

F,alce, owner OF the Boston Amer-
lean League baseball club, was sued
for divorce today One Elizabeth
Nelson is mentioned in Mrs. Frazee's
complaint. s =
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
70 and Ito Acres

WITH 4!!sn h5y IN 5Nf nG2o>HY f RS15'
ABOUT ia MILES WISH OF;
COUNTY. viItGINiX.
BY virtue of a certain deed Of trust,
dated l4th day OF August, 1920, and
recorded IN the clerks office. Ienrico
County Circuit Court. in d. ID. 2I5-N,
page 344. default having been made
secured and being required so to do
by the beneficiary, we will sell by
auction. upon the premises, OH
WEDNESDAY. THE 3lST DAY OF
AUGUST, 1921,
At 5:3o O'Clock p. NJ.
tho real estate located as above. The
dwelling. which is comparatively
new, contains S rooms and is locat ed
in lawn interSperscd with Il DIVERSE
fed growth OF shade trees. thus rem
derinS II most desirable for rcsidcn-
tial purposes. Property answering
TO This Is greatly sought by those
Its ncarncss 10 Laurel Station. on
r.. +. &c i. r. r.. also commends II,
Persons desiring TO compete for this
property will he taken out TO tho
sale by the auctioneers, so kindly
advise us beforehand.
TERMS: Cash as to expenses OF
sale and a note OF sl.7oO. with GO
1921. till paid, tho residue to be
named at time of sale.
EDWARD s. ROSE,
WILLIAM S. ROSE,
Trustees.
THE BEST AID In this column is the ad
that te'ls oil tho facts about tho propo-
mum
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
SPECIAL.

Take an evening of and attend
trustees auction sale Of country
home on Hungary Road l12 miles
west of Laurel Station, r., +. y.
Z. II. See ad in this edition. Good
profits have been realized by persons
who use their spare time in this
EDWARD S. ROSE Co.
AuctionccrS.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

Florida state League Results.
Jacksonville. l: Daytona, 8.
r"ndO, 3; 81. Petersburg, I..stcf
Tampa. {; Lakeland. 3.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Deaths

az his residence. $40
Seminary Aveuu". Gi"t"r i'arh. im n"
77th year Of his Ugr. Mnrshall NJ.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

Appalachian League Results,
Knoxville. ca; Cleveland, 80.
Greenv;lle. ); Bristol. 3.
kingsport, 4: Johnson City, 0.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
REAL ESTATE EOK SALE
Far,ns aud Land ior Sale y
FARM BARGAINS.

We have a large list of
farms that we can sell at
bargain prices. If you are
looking for a farm, large
or small, see us.
G. L. & Fl. l.. DENOON,
8O7 East Main Street.
rhhMS-it you want to uuy farm .,s
nIest Eahtern Land Co.. 30i-30l MAYO
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

internation.I League Resnits. n "
SE0ehester'o s-S; Jersey City. Hi Is
Buffalo, 2; BaItimore, 4 q ls1sss
Toronto. 10; Reading. ). q, h,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
J. II SfS.

90, acres. lot OF lne timber; ..
acres cleared: excellent soil. NO
building: cheap. Ii7S0
20 acres. improved Broad stree,
hoah' good dwelling. barns or
,1ptb' crops tools and stock.
100 acres; IS In cultivation; Z
room dwelling. good outbuiIdiu.s:
NC" shady laHn: on IN. tyad'
hshf h!chnond. all crops. near
h'sh school: 175 per acre.
POLLARD L RAOuY.
Richmond Va.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

Ey EDWARD S. ROSE CO, INC,
Real Estate Auctioneers.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

j. d. CARNEAL.
Trustee
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

THE BEST AID In this column is tho ad
that teIls all tho facts about tho propo-
TO use these Want Ads 10 to DO sure Of
results.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30

LOMBARDf STREET-Loi. extra MID.
trontng.: sfnOOth paved street. Price
ilnOO. Ehsy terms. Kyland Realty Go
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-30
Houses FOR Sal.

GRACE. WEST-Spl-nGld modern IVES,
Grace street Groom HON. for snl. or
r.at Delivery September J. rhon.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
Thurner-Clemings Wedding

Miss Edith Clemings and Mr.. Hugo
Thurner were married at the Luther
an church on the Linnville pike at
nine o'clock Tuesday morning, by Rev.
Howard E. Dunmire. Carl Thurner,
the groom's brother, kindly volun-
teered to take the happy couple to
the church in his handsome new auto
mobile and guaranteed their safe re-
turn to Newark in time to start on
their honeymoon journey. He kept
his promise, and then some! But in
stead of heading directly for the sta
ton made bee line for Oklahoma
where the bride and groom were
loaded into a most disreputable fliv-
yer and taken a sight seeing journey
through the city, much to the joy of
the general public. But Carl made
good his promise and unloaded them
at the station before the train left.
Upon their return Mr.. and Mrs.
Thurner will be at home on Beech
street.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
NEW SERVICE STATION

AS East Main street is expected to
be opened on or about November l,
it is undoubtedly a pleasant surprise
to the car owners of Newark to know
that they will be accommodated with
a new drive-in service station on the
corner of Arch and East Main sts.,
at the same time the street is opened.
1t has been announced by Mr.. VIM. z.
King, owner of the new station, that
the building and boulevard lights will
be erected of dark green "Pebble-
Dash" construction. The pumps,
fences and other decorations are car
ried out in a beautiful white and
green color scheme. The very at
tractive station is so located that
patrons visiting it, can easily be ac-
comodated with water and air without
the slightest inconvenience to them
selves. Mr.. King also announced
that he will keep on hand a few ac-
cessories such as fan belts, spark
plugs, tubes, patches, ETC., so as to
supply the demand of the patrons.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
THE TIME FOR ALL NATIONS TO
DISARM HAS COME

The purpose of the Committee on
Disarmament that met for the third
time in the Convention Room of Court
House last Tuesday evening is ex-
pressed in the above language.
The assemblage was a large one,
and nearly all Civic, Fraternal and
Labor organizations were represented.
Some very encouraging reports were
submitted with reference to arrange
ments, and it begins to look now as
though this demonstration to be held
on Armistice Day, Nov. 18th, will be
one of the greatest events of the
year. There is to be parade; sew
eral bands have been engaged for the
occasion, and very interesting pro-
gram has been arranged to be carried
out at the High School Auditorium
Immediately after the parade.
The Committee reported that they
had provided method for financing
the demonstration which was to be
taken care of by the various organi-
cations, taking part therein. Mayor
H. H. Scott was present representing
the civic bodies. The Mayor, on his
own behalf, rendered the Committee
very liberal donation to help along
with the work, which was accepted
and a vote of thanks was extended
him for the same. Thus the Hon.
Mayor becomes the first contributor
to the fund to cover the expenses in
cident to the demonstration.
1t is to be expected that the mer-
chants of the city will decorate their
places of business and there has been
a good committee selected to look
after this part of the work, and it is
to be hoped that they will receive the
cooperation of the merchants to that
end
This will give the American people
the best opportunity they have ever
had to register their individual and
collective disapproval of continued
preparation for war. 1t will serve
a double purpose, it will demonstrate
to Americans themselves that the
time is ripe to end the foolishness OF
war and it will also prove to the en-
tire satisfaction of the representa-
tives of the foreign countries that
America is in earnest.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
Camel Cigarettes, i7c package, ct
If ERMAN'S DRUG STORE

Please ask your Grocers for
bread bearing the Union Label.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
TRADES AND LABOR ASSEMBLY

The regular meeting of the Newark
Trades and Labor Assembly was
called to order by President Victor
Walk last Sunday morning, and was
opened in regular form with about
thirty members present.
The minutes of the two previous
meetings were approved as read.
The committee having charge of the
Disarmament Day program reported
progress. All who are interested
should watch the papers for patricu-
lars.
The Non-Partisan Committee made
its report.
A communication from President
Gompers was referred to the Dis
armament Committee.
A communication from w. M. Nor
gan was received and filed.
1t was reported at the meeting
that the son of EX-President VIM
Cocanour would be buried at Cedar
Hill on Tuesday, and Bros. Smith
Kline and Sharritt were appointed as
a committee to draw suitable resolu-
tions in honor of the young man who
gave his life for his country in France
Under Good and Welfare the dele,
gate to the Ohio State Federation OF
Labor Convention, Bro. Jos. Dolan
made a very clear and comprehensive
report of the work done at Hamilton
Ohio, and the report was accepted
with thanks.
No further business the Assembly
adjourned to meet again on Sunday
Nov. 13, at nine o'clock sharp.
Gottlieb Zinn, Sec'y.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
Burial of Joseph COcanOur

The remains of Joseph Cocanour,
son of Mr.. and Mrs. w. H. Cocanour,
who died of pneumonia in French
hospital, November 2, 1918, arrived
in Newark last Friday evening. The
funeral was held at the East Main
street U. B. church at two o'clock
Tuesday afternoon, Rev. P. E. Wright
officiating. and burial was made in
Cedar Hill cemetery. Cocanour
Chapter of the American Legion
(named after the deceased) of Fred
ericktown, held services at the grave.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
CHAPTER American Banking Institute

About thirty-fve officers and en-
ployes of the Newark banking insti-
tutions met at dinner in the dining
room of the Hotel Warden Friday
evening for the purpose of taking
preliminary steps toward the forma-
ton of a chapter of the American In
stitute of Banking. A committee on
organization was appointed consisting
of Mr. Norpell, Mr.. Wolfe, Miss FLOYD
and Mr.. Coyle. The object of the
chapter is the study of the banking
business in accordance with course
outlined by the Institute of Banking
with the cooperation of the American
Bankers Association.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
City Notes

Diphtheria Still Prevalent in City
At present there are about twenty
cases of diphtheria quarantined in
Newark, most of which are mild in
form, but as dangerous cases can be
contracted from mild ones, it behooves
parents to watch their children care
fully and call in physician upon the
first indication of a sore throat.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
NOTICE TO ORGANIZED LABOR

The following master bakers have
NOT SIGNED the contract with the
Bakers Union and are not entitled
to the Union Bread Label. Doneff,
40 South Third ST.; Kuster's Arcade
Annex; Huber's, 81 South End ST.;
Weiant & Crawmer, 38 North 3rd st.
51-6t BAKERS UNION 172.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
NOTICE TO ALL B. & O.

A special and very important meet
ing of B. & o. Veterans will be held
Friday evening, October 28th, 1921, at
1880 o'clock Central Time) at B. of
l.. E. Hall on East Main street.
Each and very member is urgently
requested to be present at this
meeting. .--
D. MORIARITY,
SILAS HIGGS, President.
JOHN DOYLE,
NJ. WHEELER,
E. E. E. MOORE,
Committee.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
News from Our Locals

Secretaries and business represen-
tatives of the various labor organ
izations are requested to furnish
weekly The Leader with the news
from their respective organizations.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
NOTICE TO PATRONS

The Levitt Shop, II West Church
street, will be closed all next week
till Saturday for invoice. Those de-
string Yarns or other materials to
finish work started should cali this
week.
Miss Bowman will not be in the
store after October 29th.
LEVITTS
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
Free Theater Tickets

C. C. Beckman, the South Second
street grocer, is giving free ticket
for the Grand Theatre with each so
cent cash purchase.
Newark leader. ([Newark, Ohio]) 1917-1946, 1921-10-28
JOHN DUNCAN

is a Candidate for Township Trustee
(Second Term) on the non-partisan
township ticket. Would ask all of
the voters, both men and women, to
vote for him. Many thanks. st
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-02
kkkxff kkkfk ~
X BAGLEY =

= = r y y y = y ~ - - y y - = - =
Mr.. and Mrs. Ed Wright and Bill
Wrench spent Sunday between trains
in Shevlin. ,.. ~. -- .s.
Mrs. George Hansell returned Mon
day from jamestown, N. D., where
she spent a week with relatives.
Hardin Anderson of Clearbrook
spent Sunday in Bagley.
Mr.. and Mrs. ]. B. Temblay motor
ed to Fosston Sunday to spend the
evening. 49,. .-. .s .-..r... ...
Mr.. and Mrs. Louis Ackley and
family Of Superior, Wis, arrived here
last Saturday for a few days visit
with Mr.. Ackley's sister. Mrs. W. L.
O'Neill and family. ~.
DR.. and Mrs. D. R. Campbell ac-
companied by c.. j. Scrabeck, DR.
and Mrs. W. c. Convey and Mr.. and
Mrs. Roscoe Kaiser motored to the
Twin Cities Saturday, returning the
middle Of the week.
Manager l.. L. Hauge of the Koors
cream station attended a meeting OF
the Creamery Operators association
at Thief River Falls, Wednesday. Mr.
Hauge is president of the asso-
citation.
Miss Mikkelson of Shevlin spent
Wednesday in Bagley with friends
Mr.. and Mrs. Odin Fureseth and
baby of Duluth, who have been Wis
iting the formers parents here, left
for Lengthy for a visit with friends
Miss Neil Hanson arrived here Sat
urday from Glasgow, Mont, for q
visit with relatives and friends.
Mrs. Robert Gunderson and chill.
dren of CIearbrook spent Sunday at
the DeVere Wilson home.
H. F. Vance and O. Fureseth
transacted business at Bemidji Tues
day.
Tom Moen, who is employed at
Cass Lake spent Sunday in Bagley
with his family. 49,. .
Mrs. A. j. Haugen returned home
Wednesday after a visit with rela-
tives at Bemidji. -. .-.
Mrs. John Sommervold left late
last week for Sioux Falls, S. D., fol-
visit with her brother who is an
instructor in the college at that
place.
Alvin Hayne, former Bagley boy,
arrived here Friday and is spending
a few days with his father, H. Hayne
Miss Alta Post arrived here Sun.
day from Detroit, Mimi. near which
place she has been teaching school.
Lindberg Jacobson and Leonard
Jensen arrived here Sunday from Nor
way and will make this country their
future home. Mr.. jacobson is related
to R. H. Peterson of this city.
Misses Alice and Theresa Peterson
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-05-02
FARM LOAN ACTIVITY

of the renewal OF operations OF
the Farm associations will undoubtedly be received "C
much satisfaction There has been much speculation as to why
operations did not start larger scale upon he
the decision of the United States supreme
court February 49, Federal Farm Loan act con-
that the loan system subject to the economic conditions
which affect phases of financial existence Before
Federal Land banks Of the country begin the
the farmer for them to acque te
funds which draw and the method prescribed by law Tor
acquiring these funds the sale Of Farm Loan bonds
maximum interest rate of five cent has been liked
by law and compromising feature for the low rate OF
teres bonds have been made tax exempt Under
bonds would find ready even
at this rate these ordinary times they
are Business of all kinds foreign and domestic
high lending interest has been established The yield
is therefore, particularly attractive although the bond
of the safest conservative that
be made.
many other exempt bonds the market car
ryng higher of interest such municipal school and
state bonds with security equally good the Farm Loan
bonds naturally chosen preference to the Farm Loan
bonds. '+-.' ,
Upon the improvement of the bond market will depend
very largely the Farm Loan bonds sod Congress
might flexible the rate of interest," but this hardly
likely until at least sufficient trial has been given under the
present rate Of interest. ~. > ~ 80 :.
When the operation Of the act begins extensively it will
do remedy the whole financial srngency with which
country large and particular the farming portion of it,
finds ITSELF it will act of aiding the hquda
present loans made by country banks who turn will
able pay the loans city bankers and they in their turn
able pay their borrowings from the Federal Reserve
banksand this surely would help the general financial con-
dition. 49,