The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1922-04-13

lault III pdym6nC Wnen interest OF
principal is due, does not impair the
tangible security, but often results
from poor seed, unskillful farming
methods adverse climatic conditions,
or uncertainty. Of prices for farm
products. However, over the latter
farmers in the past have had no con-
troll. On the other hand when the
present wastefI and antiquated mar
keting system is supplanted by a CO.
operative system that will insure the
farmer about go cents of the consum-
er's dollar instead of 80 or 35 cents,
his credit will improve proportionally.
And since the countrys' prosperity
depend so largely upon the farmers
prosperity there should be no lack of
cooperation on the part Of business
men for securing the lowest rate of
interest for farmers that is consist
ent with the security they have to Of
fer. And land offers the best security.
Situation Can Be Remedied
Moreover, the underlying reasons
for farmers inability to always meet
their obligations promptly ian excuse
for demanding high interest rates) is
to a large extent durable. And to this
end the propaganda to substitute di-
versified for all grain farming and
giving more attention to livestock and
cultivated crops evidently points the
way. To illustrate: In communities
where bankers during the past years
loaned money freely for the purchase
of improved livestock, obligations are
as rule, met promptly. Such farm
ers can secure credit accommodations
where others find it difficult to bor-
row money. = JET. .
To secure lower rates of interest,
therefore, the ability to meet obli-
cations promptly becomes vital con-
sideration and varied production as
well as cooperative marketing system
seem to indicate the initial remedy.
y And while the propaganda for pro-
notfns Gne lsirs industry az sstsar'
antee of increased prosperity has as
sumed large proportions, it must be
remembered that it's success or fall
ure will depend upon the quality Of
dairy cows that are purchased. Natur-
ally the inferior cows of eastern dairy
centers will be unloaded upon this
state unless they are selected by ex-
perts whose services involve no per-
sonal profit. On the other hand the
temptation to purchase the refuse OF
eastern herds and palm them off at
the price Of quality animals, for what
there is in it, by parties in the busi-
ness simply to make money, cannot
be overlooked. For it is conceded by
men who know that one extra good
cow will return more actual profit,
all things considered, than half a
dozen scrubs or so called "star board
ers." The necessity for importing only
cows that will return a profit is there
fore of vital Importance. Otherwise
the dairy industry will prove a sore
disappointment. -,
am satisfied that farming in
North Dakota will yet become a prof
table, and hence a desirable vocation
"a vocation that young men win en-
Wy above city job. We have the soil,
and our climate is in sympathy with
our soil. Infinite wisdom correlated
these two factors that wonderful re-
suits might follow intelligent COM
pliance with their demands. Moreover
| failure may be equally distressed
where natures demands are misun.
derstood or ignored.
T. But we are making progress. Di-
versified farming guarantees a. sure,
income. Cooperative marketing viii
| insure a larger income and, as q re
suit of these improved conditions, IN.
terest rates win fall. @ s .%:s T.. \. +. a
| Why all this concern for the farm.
er, do you ask? Because ultimately
and unquestionably the burden Of this
great American government falls st
| largely upon the land. Upon the farm
er. The land produces the wealth tha'
all covet, but the farmer invests hi
| capital, performs the labor and as
| sumes q tremendous risk and doe,
| this for the general welfare as wei
as for himself, hence he is entitled d
economic justice for the service b,
/ renders and, being heavy borrower
he should not be required to pay ~
/ Iiexorbitant rate Of interest. s
/ Will some one please explain VIII,
] that industry which creates the bull
of the naticn's wealth is practicall,
i in bondage to that same wealth ? .
4 other words why those who Great
4 wealth do not control wealth
n News reaches some places quicke
1 than il does others. The America
Il Legion has received a. letter from
q world war veteran who says, 81 un
H derstand the government is giving Y
I adjusted compensation with the optic
of taking land or money. I've just dis
Il covered an island III the ST Lawrenc
river that I want, so-tell the goverT
ment TIL take that.
TER | I H'|A|IIa !