The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-04-13

The farmers administrator, nandl-'
caDped by two renegrade commission
ers elected by the farmers as farmers
and honest men, have reversed the
ten year history of Sheridan County's
going into debt at the rate of $780,
600 peyear, and have during their
tenure in Office reduced the county's
Indebtedness at the rate of more than
100000 per year. This miracle in
the financial history Of the state has
been accomplished by horny handed
farmers, who but a couple years ago,
were on their farms raising wheat;
accomplished by men whom the white
cOlared gentry, laughed at and poked
fun at, and predicted all sorts of ca
lamity would befall the county should
misfortune overtake it In the way of
their election.
The farmers administration yindi-
Gates itself and it's ability and set a
record Of accomplishment which it
challenges the state to break, and IS
solving the problems Of high taxes
for the farmers of Sheridan and holds
up torch Of hope for the future.
Bonds Coming in All Week.
The bonds Of the 1918 seed grain
issue, due April 1st, have been coming
in all the week and have been paid
promptly upon presentation by COun-
ty Treasurer Olson and Deputy Treas
urer Ole Moe until all but $4,000 of
these Seed Grain Funding Bonds is
sued in the summer of 1918 for the
purpose Of paying the Seed Grain
warrants which Jim Redmond, Mat
NnS and IimmOns so ably manipulate
ed to the detriment Of the taxpayers
oI Sheridan County, in order to wiz
tne war Of democracy, have beer
presented and paid. These bonds
nave drawn from Sheridan County
lae huge sum of $85, 10000 in interest
alone since they were aoated in 1915
OF the sum of S17,150 each year. The
redemption of this bond issue mean!
ynaJ Sheridan County will reduce it,
eg9aded indebtedness from $4,000 t.
SS909OUO or a reduction of 80 per cent
Made Possible by Careful Management
Inc redemption Of this bond issu,
vas made possible only thru the care
tn ~ management of the finances O
sheridan County. 1t will be remem
se6ed ss that Dan Olson purchases
SSlIVO,OOO of United State Treasur,
l N0!es last fall with part of the none,
SGluca Daniels County paid to Sheri
gan la County when Reg. Tyler and Ju
11la'Hln refused to call that amount O
SSOuus. These securities were sold
~ 7gm days ago so that the Count
treasurer was able to redeem tha
TTIlOunt OF bonds, and the Count
treasurer also kept additional fund
ia T. ms Office from the tax collection
~. lau IN anticipation of the re-
Sellpuon OF these bonds. 1t becam
biIsSdfy, however, to call upon th
MIN, oai.As Of the county for addition;
issroy IN order to pay part of tn.
S9S = out out of drafts for a total {
oI'0yU presented to them. April 3r,
NJ NY nan of the banks were able I
6oT 5' yneIr drafts, and their oblig;
wba$tI Ib.l$ 70 tne county, which means thu
ba b,'a'eYer u additional moneys that wi
noro needed to redeem the entire issu
moro.l4 1liah the pro rated share
bsrisys, must be drawn from Il
sfart;Ia A$ mat are able to pay, while Il
r,o-t -lsion OF the State Ranking Denar
csIa,a ,sii,1 and the Attorney General will !
erat;a.o s'gu 70 the fact that some banks O
to ,,lls mn. IN N Sheridan County are unab
y meet their legal obligations.
m EXAMINERS REPORT
critic;.dS5t tEg State Examiner very severe
not r,lliclsed 5sed the County Treas,Ter Te,0i +
COME tteposlting all the monevs Of +,
tbe b,;y tt IN the banks in the county
faHfalmIae fslIae ne made his exan,in atioo l.
ali IN an even though these hanks h
money Tor which they we
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