The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1921-07-21
BUILT A TOWN ON
PURE-BRED LIVESTOCK.
South Dakota Man Points Way to
Success That Prairie Might
Profitably Copy.

FroIltaDly copy.
Right now the pure-bred live
stock industry is a popular topi>
in this prairie country, and prom.
Use of its revival is flatterine
Many of our farmers were get.
ting profitably into the business
when war conditions interrupted
and changed everything. The
tendency now is to take up the
loose ends and begin where the
war left us.
This is not a stock country, but
some stock is a profitable asset
on any farm, and pure-bred stock
is the most profitable.
The following graphic story,
by f. E. jackson, banker and
pure-bred stock farmer of Hur-
ley, South Dakota, which appear
ed in the current issue Of the
Bankers Monthly, was called to
our attention by a local banker
who is of the opinion that what
was done in the South Dakota
town s territory can be done here,
and suggests that the farmers
may depend on their banks for
assistance in carrying out the.
plan.
Mr.. Jackson s story:
About sixteen years ago | came
TO this bank as cashier, and dur
ing that sixteen years / have seen
This community grow to be one Of
the best known In South Dakota
for its pure-bred livestock While
our town doesn't amount to much
so far as its size is concerned, it i
has gained quite reputation be-
cause of the interest our bank has
taken in pure-bred livestock. Nat
utally the bank itself has grown
aid its business has increased in
profits to its stockholders during
that time.
During the sixteen years | have
been of rather optimistic frame
of mind regarding purebred live
stock. And while | have not lost
any of this optimism the past few
years during which pure -breds
have been inflated to unreason-
able prices and have then drop
ped to low prices, have been ex-
tremely conservative. In fact, it
has been my policy during this
time to counsel our customers to
do nothing but maintain their
present herds, keeping the very
best of the females and keeping
right on producing. / have coun-
seled, however, against the pur-
chase of any high priced breeding E
stock, and against the purchase
of any breeding stock at all I'M
less it was absolutely necessary,
counselling in this case, that such
purchases should be financed byIl
The sale of surplus males.
When prices were inflated, | !
Knew that they must fall, but [ /
lidn't know when and / didn t !
xnow how much. Now, with the {
leflation, perhaps the time has
come when can consistently go /
ahead with an aggressive pro- i
gram again. The main problem 5
low, however, is to carry through g
his stress the established herds {
hat have grown to be profitable l.
lere. | have suggested to my h
customers that they get more e
and seeded to grass, and hang n
INTO their good COWS and brood b
ows, and even breed their mares,
IS / look for horses to be good p
before a new crop can o
e raised 1
This represents the attitude | a
ave right now, but for the in a
ormation of those bankers who c,
nay not have had as much ex- b
erience with pure-bred livestock el
as /, | think it might Il
e well to explain some of the al
lans / have followed previous to ST
he time when livestock values tC
vere abnormally inflated. fe
My first job in bank was for in
man who was himself a pure ct
red cattle breeder. His success q
lspired me, and | made up my
lind then and there that as soon es
5 I was able, ] would have a te
erd of pure-bred cattle myself. to
ONE ten or twelve years ago i to
as able to realize this ambition, if
nd purchased from my first em- til
Ioyer my foundation Short TIL
orns. tn
/ found that having herd of al
Y own was a big advantage to ne
e in handling the banking bust
sss of pure-bred breeders in this
ction. In the first place, l was N,
stter able to advise them, and da