The Powder River County examiner and the Broadus independent. [volume] (Broadus, Mont.) 1919-1935, 1921-07-08
MONTANA BOUND
TO MAKE GOOD


Rosebud, Mont.--A reyeisw g er Nth the
tana reveals 9 few tnterestnx 1acts
lions Of the country. but very oniik X
other parts Of the country s from tn, the
fact that Montana seems tc az na ne p .ss9
fo os yesrs a. and ni has had 10
period has subscribed most ltberaly to
az war activities a. massses ec OF oaEt
in no small degree to keep o up e ner sm1
practiced out Of necessity has oeen a
ment Of thrift % we and i here to-day.
state Of Montana is not experiencing
heavy slump IN MA iano v sausa sections
Of the country. Had Montana reaped
bountecus crops during the period Of
high prices. she would have . 1 sa.,a
as other sections where large crops
were harvested and proceeds we're
spent for unnecessaries Of NE AS
s: Of q cot Cf anS
have remained the same az they nave
been for the last few years. And with
a return to anything like -, normal no ma
show the same attractiveness as IN for
mer years. We are emerging from
very mild winter. which has been a
man. With reasonable season the
farmer and rancher win profit by the
lesson of the recent past: no money
has been spent for feed by the farmer
and the mildness of the season Is
prOpitiOus sign for a good lamp ana
calf crop. which in itself Will pc Dig
man and give rise to greater return
d dur sss t ssie tail Sssa ana facts
coupled with the fact that range CON n,
the state, bids we'll for the banker and
has added to his depleted confidence.
From the facts that the farmer has
in many Instances some for sale, fur
Their assurance Is given that the baak-
err will net be called upon to furnih
as large amounts 20 OF III money as ne yea mas
We do not find the money situation
as acute in Montana as we do In some
sections Of the country This casrs may }ro be
the fact that land value are more
nearly normal as compared with the
pre-war. prices than they are IN some
R Rave not 'h Been noI boosted by bounteous
returns from crops within the state,
but rather held in check from the
practice of economy out Of necessity.
by saying Montana saved from neces-
sity while other sections Of the coun-
try spent because they had it to spend.
nor Dixon to retain the banking head
in the department CT banking In the
state gives added confidence. to the
industry of the state. and gives nn-
will not be the means of overriding
good judgment, and that state institu-
tons will continue under the efficient
until the financial strain |
Is entirely renewed.
Ten state banks have closed doors
within the state during, the past few
two of which have reopened
possibly two, all will reopen In due
lime. Thrift is being practiced every.
where. Economy Is the watchword and
TO liquidate a large portion of their |
indebtedness the coming season. With I
and value practically the same as be.
;oung stock. and with what now bids
AIR to be sure sale Of last years
.rop of wool and that CT the coming
season, as well as the nearness Of ap..
arm products, and also from the fact
hat little will be asked from the bank
r by the stCckman and farmers. he
Recent announcement of the decision
lphol ding the validity Of the federal
arm loan act. and the certainty OF
he renewal Of the trend a;t,, OF money nc as
ranks of the state. and as a result
money win be returning to the state
II the same channel from which it has
,een severed for the last Is months.
There is still another gratifying
eature of the financial situation In
Iontana. and that is the recent dis
overy of Gil in the state. The last
ew months have brought in a number
f good oil wells and much interest as
veil as capital is being attracted to
he state through that source. No doubt
tut what Montana will be one of the
eading oil-producing states in the
ear future and the entire financial
ituattop within the state will be much
improved therefrom.