Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1923-05-10
.LeYitan Helps Farmers
Through State Banks
STATE TREASURER EXTENDS
CREDIT TO FARMERS WHERE
MOST NEEDED

MOOl NEEOEO
Since becoming state treasurer it
has been my aim to place the state
funds where they are needed most
and for that reason I have distributed
these funds as far as possible among
the country banks, said Solomon Levi
tan, state treasurer in a statement
today.
This year, more than ever before,
our farmers and our farm commun-
tiles have been in need of money for
their taxes and other expenses. The
farmer is having hard struggle.
He bought his land at high prices
and today what with the expense in
Cured in running his farm, the high
cost Of living, high taxes and the low
returns for his produce he is often in
Strengthened circumstances. Some of
our farmers have been compelled to
borrow money to pay, their taxes and
have made only bare living. Hence
the farmers credit is frozen one,
and consequently it has been a strug-
gle for the country banker as we'll
Il have done my best to place our
state funds in as many of our country
banks as possible. Over 200 new state
repositories have been added. There
are now $50 banks which are deposit
tories of state funds. My aim is to
give every banker and every commun-
ity fair play. | realize the great SER
vice that our bankers are performing
for our state and they deserve every
bit of help that I have been able to
give them. have tried to administer
the state funds so as to give the great
est good to the greatest number.
"The more money placed in our
country banks the greater the relief
these bankers have been able to af-
ford to the farmers. | believe that the
better business conditions being re-
Elected this year in all lines cannot
help but have a happy effect upon the
condition of our farmers. The ex-
tension of this added credit this year
may help them tide over the period
of depression and enable them to take
advantage of better times that are
just ahead.
In administering the affairs of my
department it has been my aim to be
a real seryent of the people and to
economic here as / would in my own
business. Just as an example, it has
been the custom for the Secretary of
State to prepare a warrant for every
item to be paid which was then pre-
scented toAthe State Treasurer who
made out check for the amount.
This check was almost an exact copy
Of the warrant To eliminate this sup
LEGATION I have devised a plan where
by the Secretary of State makes out
the check and presents it for my sign
ature The elimination of this dupli-
cation will, believe, save the state
over $4,000.
My aim is to secure the best of
efficiency without too much red tape.
am still looking for other ways to
economic. am bearing in mind I'll
the time that our people want lower
taxes. The only way in which we can
reduce these taxes is for every state
department to find ways to save and
to eliminate unnecessary expenses.
This is an age Of progress. Things
which were good enough yesterday
will not today There are new ways
to be found to do the same things at
less expense.
Il want every citizen of our state
to feel that he is welcome at the state
treasurer's office at any time. We
shall be glad to have our people come
in and look over our work and if they
have any suggestions to make I, shall
be glad to consider Them