Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1922-07-12
PREUS REVIEWS FARM
OUTLOOK in NORTHWEST
Survey Shows No Valid Reason for
Pessimism Governor Declares. !.
Bank Deposits Increase

A cursory survey of the agricul.
tural situation in the Northwest
shows conclusively no valid reason
for pessimism. Governor Preus said
at a meeting Of Farm Land Dealers
Lunch Club, members Of the. North.
west development committee of the
Civic & Commerce Association and
the Minnesota State Horticultural
Society, yesterday afternoon at Don
aldsOn's tea rooms.
"Our present situation is as good as
possible. We have our land,
the best in the world, and we have
local conditions never before surpassed
in their gratifying aspect. !.
Bank deposits fell off late in 1920
and in 1921: Our banks recently
showed a. heavy increase in deposits.
Wheat today is selling for IL cents
more a bushel than six months ago
and fax is bringing so cents more
than it did last December. Cattle are
worth about one dollar more than last
December and hogs are worth about
$3.50 more than six months ago.
e If present prices of farm products
maintain through harvest we will sur
pass by So million dollars the 1921
value of farm products, which was
about 172 million dollars. In live
stock we should realize this year about
is million dollars more than last year.
"In Minnesota our products are COM
modities almost entirely classed as ne
cessities. Our price fluctuations are
not so great as those of California or
Florida. Our prosperity fluctuations
are not so great as in other localities
and in this respect we can be thank
full to our program of dairying and
diversified farming.
@"We need, however, a new credit
system which will enable the farmer
to hold his produce until the time for
disposal is propitious. We have been
progressing steadily in our banking
and farm credit machinery but this
marketing need is not yet FULFILLED.
We should have constitutional
amendment to enable the Legislature
, to create such rural credit system.
"Of the 81 million acres of tillable
land in Minnesota, one-half is under
pillow. There is great field for new
farming and this field must be turned
over to diversified program. Every
community should have at least one
creamery. y f. -. 2s-@ -
Diversified farming is the saliva
ton of the highly developed agricul-
tural sections and the hope of, the I'M
developed tillable sections of the state.
1--WE are not grateful to Providence
unless we are optimistic -
=. Urges Support to Tourists.
Depressing from agriculture. Cover
nor Preus urged support of the great
tourist industry which attracted 3O0,-
900 visitors III the state last year and
is likely to. exceed that figure con-
siderably this year. -, &, -. ,...:..
III "Five millions Of people in the
United States will travel somewhere
this year for the VACATIONS" said the
Governor: "Just as California and
Florida are the winter resorts by ma
ture, so is Minnesota the summer re-
sort by nature. When our 1000 miles
of hard roads are complete, we can't
keep the people out of our state dur
ing the summer months. We must
prepare to meet this influx and help
pull surrounding states out of the
mud Many of these visitors will come
to stay. They all bring wealth, new
wealth created elsewhere, into the
state. Some Of this wealth will re.
main always Minneapolis Tribune.
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