davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-04-04
ReSn0s,sih;lifies

THE responsibilities of public Office
are very great"
"rhey are" answered Senator Sor-
ghum Every once in awhile | feel
as IL ! ought to neglect my golf and
help my private secretary do some of
the work
Evening star., 1926-04-04

Grand Opera" comes from Chicago
in a perfection. from time TO time.
which calls on all fair-minded persons
To Judge the Lake metropolis by her
crime waves.
Evening star., 1926-04-04

Woodrow Wilson gave his complete
confidence TO few people. This fact is
a discoura cement to the authors who
seek to utilize his unique personality
as stimulus to popular interest in
publications of memoirs.
Evening star., 1926-04-04

The former Kaiser of Germany is
interested in landed holdings to an
extent which may cause every holder
Of an iron cross to wonder whether it
will entitle hin, to any kind OF a re
bate in the purchase of house and
lot
Evening star., 1926-04-04
Sex Relatively.

woman wears such fiimsy dress,
Each year her clothes grow less and
less
A man sticks to his baggy togs
And on his way serenely togs.
A woman only needs enough
OF space for rouge and powder puff
A man in his attire must ask
For room to hide his old hip flask
Evening star., 1926-04-04

Money is not all powerful. A multi
millionaire objects to the marriage of
his daughter with jazz composer and
Immediately finds himself utilized in
connection with a song plugging"
campaign.
Evening star., 1926-04-04

which would be viewed with great in
terest and profit by every visitor. The
same might be said of the exhibits of
the Indian Bureau. Bureau. of Educa :
ton General Land Office. the Patent
ONCE, etc. II is to be hoped the APP
propriations committee will act favor.
ably and act at once. as 1t is apparent
there ia no time to lose."
Evening star., 1926-04-04
The Art Of Letters.

Your little boy knows his alpha.
bet.'
Yes We don't think We will edu-
cate him much further. He already
knows enough to be radio an
nouncer"
Evening star., 1926-04-04
The F-f-farmers B-b-bill

From the Oklahoma City Times.
1t is beginning tG look as II tom
sressnaen seeking reelection will have
to stutter when telling how they nave
helped the farmerR
Evening star., 1926-04-04

Suspicion asserts itself that time is
liable TO he wasted in trying to repre-
sent President Coolidge as an unre-
strained base ball fan or as an unmiti
gated golf enthusiast.
Evening star., 1926-04-04
The Evening Star Newspaper Company
Nusineas once:


The Associated Press 10 exclusively entitled
te the use far republication Of all news dis
patches creiited ta 10 ar not ethervlss creS-
1ted IN this paper ard alse the local news
published herein. All rights of publication
OF special dispatches herein are also reserved.
Evening star., 1926-04-04
SHOOTING STARS.
BY PHILANDER JOHNSON


The Easter blossoms smile today,
Returning in resplendent youth;
Reminders in their humble way
OF a Sublime. Eternal Truth.
Evening star., 1926-04-04
sos.

"a storm al sea is a terrible thing"
'It is. | don't know of anything
else that can tame radio jazz band
into silence"
Evening star., 1926-04-04

From the Lowell Evening Leader.
r. Doubtless the architects of these
skyscraper churches will see to it that
there is plenty Of room at the top.
Evening star., 1926-04-04
ReslrIar Hypothesis.

Twinkle, twinkle, little star
How / wonder what you are.
From thin nebula you grow
In a. picture studio.
As simmer first you pass
With little puff of gas
Then publicity afar.
Twinkle, twinkle. little star.
"Hoss races in SO uncertain" said
Uncle Eben, dat q tip from an enemy
lie. jes' as good as one frem . friend"
Evening star., 1926-04-04
A Fancy Role.
Dst-Dispatch.

From the St. Louis Post Dispatch.
1t begins to look az If Sir Austen
Chamberlain was merely the window
dresser at I4ocarno.
Evening star., 1926-04-04

The Chinese go on fighting regard
less of peace negotiations in the rest
Of the world A few further foreign
eptanslements might heneft them.
Evening star., 1926-04-04

Last years coal strike is settled. but
next years prices are not.
Evening star., 1926-04-04

When. upon his accession TO the
rank of general of the Army on the
Evening star., 1926-11-12
New Bond Issues

NEW YORK. November IL (Spectsll.
The SIS 900 900 Berlin Electric Ele
waited and Underground Railways Co.
3O-year first mortgage 6i2s were or
fered today at 9412. to yield about
6.95 per cent The bonds are callAble
at iO2ia up to and including Octoper
I. 1891. and thereafter to maturity
October II. 1856. at par. The sinking
fund operates to purchase the oonds
i'm the open marekt at par: or, IL MOI
SO obtainable. to call by lot at Par.
The bankers are Speyer & Co. the
F;Q,iita BILE Trust co. and Blyth. Writer
& Co.
A syndicate headed by the Bankers
Trust Co. Is offering an additional
issue of 10000. 900 Youngstown Sheet
and Tube s per cent debentures. due
1943. at 103is. to yield over o.61 per
cent. The bonds are redeemable at
100 and interest.
The Missouri Pacific Railroad,
through Kuhn. Loeb & Co. offers to-
day s13,156.0o0 in 61l per cent Sc
cured bonds. maturing serially 1881
to 1856. at an approximate yield or
$50 per cent. The security Ia stock
Railway, and the proceeds are TO be
used to retire the company's per
cent notes now outstanding against
the deposit Of this same stock.
Offering is being made Of 81 500. 600
Northern Indiana Public Service GO.
first and refunding mortgage per
cent bonds. series &C" by banking
group headed by Halsey. Stuart & Co.
The bonds mature November l. 1856
The price is 9Sla. TO yield over sos
per cent. One hundred and nineteen
communities in Northern Indiana, in
cluding such cities as Hammond
South Bend. Fort Wayne. Elkhart and
East Chicago. are served by the com
pany.
Taylor. Ewart g. Co., Inc, and the
Detroit Co, Inc, are offering a new
issue of $500. 900 Harris County. Tex.
4y. per cent direct obligation bonds
due serially April TO- 1927 to 1855
inclusive. at prices to yield from +.2S
10 $50 per cent.
Evening star., 1926-11-12
LUMBER TRADE DROPS.

NEW YORK. November u CP).-
Lumber mills OF the country for the
week ended November show the nor
nal seasonal decline in the industry.
rhe National Lumber Manufacturers
Association reports. Nominal decreases
fn production. shipments and new bus
tness are shown by softwood mills
compared with the week before. but
q slight gain in production compared
with a wear ago. Hardwood mills in
creased production and ueN business,
but shipments fell Off. Unhiied orders
Of a2s Southern pine and West Coast
mills amounted 20 5SS .933,13T feet
against sol S67,7S0 feet the previous
week
Evening star., 1926-11-12
WHEAT HAS SETBACK .
ON CANADIAN REPORT
European Buyers Holding or
Pending Settlement Of British
Coal Strike.
BY the Associated Press.

CHICAGO, November l2.--Wheat
prices went downward early today.
Influenced by the Canadian govern
ment crop report pointing to a larger
yield than recently had been fore
cast Besides, talk was current tina
European buyers were holding off
expecting settlement Of the British
coal strike. Starting IS to. I cent OF.
the wheat market here underwent
material further setback. Corn. oats
and provisions were also weaker
corn opening % 10 a down and
subsequently showing further sag
Ia addition TO d bigger wheat
Weld 'ofiicially reported for Canada
estimates were at hand today putting
the Australian wheat surplus at 112
600 900: bushels as compared with a
previous estimate of 104 900, 900 bush
els Generally favorable weather, too.
was noted as prevailing both in Aus
tralia and Argentina, although some
dispatches from Argentina referred To
chilly temperatures.
According to one leading authority.
SO many ocean steamers have been
diverted from regular wheat trade
routes 10 carry coal to Europe that
even after the ending OF the British
strike 1t Will take some time before
vessels can be put back again into
Argentine and Australian service
This circumstance was commented on
as likely to prolong demand for
United States and Canadian wheat
Evening star., 1926-11-12
BONDS
SCORE ADVANCES
U. S. Government Issues
Lead investment List to
New Top Marks.
BY GEORGE T.. HUGHES.
,,aJ N;,r,tnh 20 The Eiar

NEW YORK, November 12.-High
grade bonds forged ahead again today
under the leadership of United States
Government obligations. For the sec
ond day in succession the three Treas
ury issues, the 4Es. the 4S and the
3&s, sold at the highest prices In
their history. At the same time the
fourth AZ Liberties touched 1903.
where they were above anything wit
messed in months.
Today. too, more than Yesterday.
prime corporate bonds participated in
the buying movement; Illinois joint "a
duplicated the high OF the year al
10Sh. American Smelling and REIN
ing SIS. Consolidated Gas 51ss. Amer
lean Telephone and Telegraph 5Las
and bonds of this grade were in
vigorous demand.
All this was continued response to
the money situation. After the re
duction in the quotation for bankers
acceptanceS yesterday the showing OF
the Federal Reserve Bank statement
with it's rise in the reserve ratio was
very significant.
The prompt sale OF new offerings
was another indication OF the abund
ance OF investment capital seekins
employment. All the new bonds were
quickly taken aud the youngstown
Sheet and Tube 6s sold on the ex
change above the offering price OF the
additional issue.
Next TO the high grade domestic
loans. foreign bonds were the rnosi
conspicuous. Japanese 6Ia sold at par
and above for the first time on record
and the Japanese sterling ~ went
along Part or the buying was said TO
be coming from Japan. but part AZ
least was easily explained by the Weld
the bonds offer at the market price
They were selling today at the same
price they will become redeemabie at
in 1899. French bonds were strong
also. especially French government,
as and some of the railway loans.
Both issues Of Belgian IS crossed 9S,
approaching their previous high.
Commonwealth of Australia 5s rallied
from their recent low.
Railway bonds were the most &C
tive In the speculative and senli-specu
lative group. St. Iouis-San Francisco
incomes and adjustments were nota
bly, strong, while Chicago and East
ern Illinois 5s and the Fries were
fractionaly higher.
Evening star., 1926-11-12
COAL SMELLS EARNINGS
OF WESTERN MARYLAND

BALTIMORE. November L. tSpe-
ciaD One Of the first of the rail-
roads to make public an estimate OF
October gross earnings is the West
nrn MARYLAND Swelling revenues
from the rush of coal shipments
make the 81 per cent increase in this
instance probably a good deal better
than the average railroad will show.
Gross for last r?onth totaled S2.6O9. :
es4. Coal and coke freight alone
leaped ahead l03 per cent.
In the final week of the month there
was no let-up in the big gains re-
ported week by week over last year.
coal freight was more than double
the 1925 period and total gross 90 per
cent better. Tie first 10 months OF
the year shows estimated gross earn
inSs of S19.9l6.63o. compared with
1888, S45. FOR Tie same period last
year. More than half OF the 1925
total consisted Of earnings from coal
and coke traffic.
Evening star., 1926-11-12
By EDWARD c. STONE.

Stock of the Capital Traction Co.
led broad trading on the Washington
Exchange today when S. shares
changed hands during six separate
transactions at 104. There was further
trading in the newly listed Federal
American Co. common, 81 shares sell.
ing at 80 this price being unchanged
from the last sale. Nine shares OF
Washington Gas were firm at ~.
Railway and Electric preferred came
out at e0%. - shares OF Firemen,s =
Insurance Co. went at 23a.s and 90
shares OF T.anston Monotype sold al
9.1.
Two bank stocks appeared on the
boa rd Eve shares Of Second Natlondi
selling at 261la and As shares OF Fed
eralAn er.can National al 81. lh the
unlisted department. Eve shares OF
Chaplin Sacks : per cent preferred
recorded a. transfer al 70.
In ths bond market d. &. Paper os
sold al IS. Georgetown Gas so at ss.
Capita! Traction 5s at 1o1, and Wash
inSton Gas is at 100lz.
Able Address on Wills and Trusts.
John A. Reynolds. assistant wee
president of the Union Trust 20. Oh
Detroit, made a fine address before
Washington insurance men ana many
bankers last evening at the Kale1gn'
81 the monthly meeting or the Dls
trict Life Underwriters Association
ff;s subject was wills and lhsur'
anca Trusts" Of which he las made a
spec!s study riir off :ials OF MS
company claim tiias the institution
now has the largest trust business OF
any bank In the United States. so that
his views were absorbed with great
eagerness by local fnanciers VINO are
Evening star., 1926-11-12
STEEL AND MOTORS
LEAD STOCK LIST
Two Big Firms Shares at
Top of Bull Movement on
Latter's Extra.
RY STUART p. WEST.
ersl nisrsfci, m The Star

SNsclJ DlspAtcu W IHc Guar
NEW YORK. November l2.-The
Two big stocks which have been at
the front in ali the upward swings for
the last. six months-Jnited States
lead again today.
The most important single influence,
which was te,t throughout she entire
share list. was the simple statement
ipv the president of General Motors. i'll
announcing the extra 81 dividend that
yhis action was the best possible eN1-
dence Of the present position or The
company and the confidence felt re-
Karding the future.
General Motors started III almost
2 point higher and quickly increased
its gain. Later on the market for
the stock indicated more uncertainty
as to whether the good news had not
heen discounted. United States Steel
opened UP ID half point a. l491+. then.
suIling through 15c, continued to ad-
since sharply. 1t was evident that
2 short interest in the steel shares
was being punished, and the further
rise in Baldwin Locomotive on top
Of Yesterdays spectacular Jump was
also set down as bad squeeze Tor
operators on the short side.
independent Steel shares followed
the lead of United States Steel. Re
public Iron and Steel was UP over,
9 point and Gulf states and Colo
RADIO Fuel were in demand. Wall
Street reasoned that If the General
Motors board could feel SO much as
surance over the outlook, there was
less cause tn be uneasy over the cut
ting down in the dcriand for steel
in the automobile industry.
Public utilities stocks continued to
hold their gains and in some instances
20 increase it. Federal Light and
Ira sold at a new high for the
wear. Standard Gas and Electric at
one stage was up over point. frac-
rional advances occurred for While
IN Brooklyn Manhattan Transit. In
,+rnattonai Telephone and Telegraph.
North American Power and Light and
American and Foreign Power.
Oil stocks were another group
which was conten, to hold It's
higher ground. with here and there
some increase. Phillips Petroleum was
The leader, going through 5s where 1t
was I'D over point National Supply
sold al a new high for the year above
So Morland went higher at the start
then eased off.
General Asphalt rose another point.
then reacted. Further buying occur
red for a time in Shell Union and
Skelly Oil.
smelling and copper issues we're in
.ljned TO do better. especially Amer
lean Smoking and kennecott. There
was another Mpturn in NoolN orth.
Radio Corporation above to was up
more than point. The advance in
International Harvester. like that in
the fertilizer stocks. suggested that
industries depending upon agricultural
patronage had pretty we'll adjusted
themselves 10 the depressed state Of
cotton.
Evening star., 1926-11-12
GRAIN EXPORTS INCREASE.

BALTIMORE November l. tSpe-
cian.-Despite the space shortage
grain exports in October from Balti-
more showed slight gain over those
Of a year ago. Last months grain
shipments from the port totaled
1.6l7.37S bushels most of ii wheat,
while in October -! last Near eN
ports were i,419.s97 bushels. Flour
exports were Sits barrels III Octo
her and oe,239 barrels in October of
1925. Thus far this wear 1a,014.720
bushels of all grains have been
shipped through this port, while in
Ihe first 10 months of 1895 grain eN-
ports were 25.52S4o6 bushels.
Evening star., 1926-11-12
MARCY IS RETIRING.
Chairman Of Armour Grain Co. te
Travel and Live on Ranch.

CHICAGO. November II 49,
George e. Marcy. chairman Of the
board of the Armour Grain Co. is
retiring from active business. His
membership on the Board Of Trade
sold. for $500 Yesterday and NJ.
Marcy announced his plans to spend
much time now on his California
ranch and In travelling.
Ill health is believed TO be the mo-
tive for the retirement OF the execu-
tive. who is 63. He was president of
Armour Grain for the Is years prior
to it's reorganization last year and
has been a member OF the Grain Ex-
change for 81 years.
Evening star., 1926-11-12
STEEL BOOKS OPENED.

NEW YOEk November l. I'D
Illinois Steel 90 has opened books on
sheets and tin plate FOR the first quar-.
ter of 1922 delivery a. unchanged
prices. Inland Steel is taking book
irSs al current levels for the same
period. Independents in the foungs'
Town district also are opening books
on Tin plate for tirsI quarter at the
prevailing price Of $3.50 base box
Evening star., 1926-11-12
CHRISTMAS DIVIDEND.

NEW YORK. November II R}.--
Butte Copper and Zinc declared a
Christmas dividend Of 80 cents a share,
payable December "a to holders Of rec
ord December q. The previous dis
bursement of so cents was paid or
Christmas eve last year.
Evening star., 1926-11-12
NEW YORK MARKETS.

NEW YORK. November u tP).---
Eve-Steady: No. western. 10. +. o.
n. New York and 1861 c. i. (. export.
whea, futures opened easy: domestic
December, Ian. Other articles un-
changed.
Evening star., 1926-11-12
PRICES ON PARIS BOURSE.

PARIS, November II Pl.-Prices
were heavy on the Bourse today. Three
per cent rentes, 80 francs: exchange
on London. l4o francs 90 centimes.
Five per cent loan. SO francs. 80 cen
times The dollar was quoted at 90
francs IS centimes.
Evening star., 1926-11-12
RUBBER STEADY.

NEW YORK. November IL ,Spe.
cial).-Crude rubber, smoked ribbed
sheets. maintained the price level OF
the last three days at today's noon
quotations of 41;Sc This compared
with 42hc q month ago and Si.ez q
year .agN
Evening star., 1926-11-12

The San Francisco Chronicle says
it 10 easy to recognize an American
at a bun hgft. He cheers for the
bull t;r. ~
Evening star., 1926-11-12
Calls Cotton Outlook Brighter.

Secretary .Jardine says there never
before has been such determine tfon
on the part Of every one concerned
bankers. farmers and others--to put
across a program OF constructive agri-
culture in the South as is now under
way. lie believes that cooperative
marketing on a larger scale and more
diversified crops will accomplish per-
manent results. The first step in relief
will be through money furnished by
finance corporations operating under
the intermediate credit banks.
Evening star., 1926-11-12

Am TYP FdrS(8)
Am Wa Wo CT 30
AM Voolen.
Au Writ Pa pr. .
Am Zinc.
Am Zinc pf.
Anaconda 90.
Archer niels.
armour OF IllfA..
Armour Of IlltB J
Art Metal %.
Asso Dry Gt2 }
Atchison co..
All Birm T. At. .
All = Line etfSh n }
! All Gulf 4 WI.
Atlantic Renng.
! Allan REF pf 80
! Austin-NichoIs.
Austin Mic pft7)
Baldwin l. 90.
Bald Loco of ~
BALTIC q Ohio 90
BALTIC 4 Oh pf(4)
Hsrnsdall A Cd.
Bayuk Cigar.
! Bedding Bros(3)
Bethlehem Steel
Both Stl pf Cd.
| Bloomingdale.
Booth Fisheries
Botany A ~.
Briggs Mfg 90.
! British Emp Cd.
! BklnEdison 90.
Blkn- Mn Tr 90.
! Bk-Man T pftsI
Bkln Un G(t1l).
! Brown Shoe 90.
Brunswick Balk
Brunswick Ter.
, Burns Bro (10).
/ Burns Br Is -
/ Burns Rro poo
Burroughs go.
/ Bush Terminal.
; Butte Copper&Z
B0tte&Super(2).
Ryer & Co.
By-Products Cd
j Calf Packg{4)..
; Calf Petroi(2)..
4 Calumet & Ar(6)
, Calumet&Hflia)
! Can Dry (c2A).
Can Pacific ti0).
! ca Sc 'Threshing.
] Cent Leather.
Cent Leather pf.
Cerro De p 90.
Certain-Teed(4)
Chand-Cle pft4)
Ches 4 Oh tf1zI
Chi & Ea st III pf
Chi Great West.
Chi Or West pf.
Chi Mil&StP.
Chi Mil&Stp pf.
4 M&StP CTS.
e. M&StP pf CTS.
Chi & Nwn o..
Chi r 4 Pac.
< r ] & p pf t6),
Childs (t2.40).
Chile Cop t2n).
Chrysler Corps
Coca-Cola Co..
Collins & Aikt4).
Col Fuel & Iron.
Colo Southern
Col Gas & El (5)
Col G&Ei CTS 90
Col G & e pf 90
Col Ca rbon o..
Com Cred (2)...
Con, Inv (S.S0).
Com In TT pt 6i7
Com Solv B (S).
Conxoleum.N..
Con Cigars 90.
Con Cigars pf(7l
Consol Dfstrihut
Con sol Gas o..
ConRRCuba pf 8
Consol Textile.
Cont Bakg A 80
Cont Baking 3.
Cont Bak pf 80.
Cont Can (f6)..,
Cont lnsur t6).
Cont Mot 5000.
Corn Prod(f2A)
Corn Prod pf(7).
Coty. Inc (f6)...
Cuba Cane Suga,
Cuba Cane Su pf
Cuba Co (4)...-
Cuban-An 9 %.
Cuban-An pf(1)
Cuban-DoEi Sug
Cudahy Pkg 90.
Cudahy (ne1'>
Cuyamei FL 80.
Dawson Cne,n
Del & iIud (s)..
Del l. T. Wn 90
. T. G Wst pf. :.
Detroit Ed tS).
Detroit Ed rts.
pevoe&Ra( 40)
Dcdse Bros Cl A
Dooge pr t7) -
Dome Mines CD.
Dupont de NJ.
Eastman (*S>.
f.; senione B. BIO.
e. AutoLt(fsh)
electric Boat.
Eiec Power a Lit
Elec p & l. pf(7)
EP&Lpf 40% co
Elec Refrig (c2)
EIec Sto BRt(f6)
Elk Horn......-
End-John (5).
Engineers Pub S
Engnrs PS pfNt
Erie r r.
Erie lst pf.
Erie I'd pf.
Erie Str, S S(2A)
Eureka Vac %.
fairbanks (3).
Famous Pi (je).
Famous pf 81.
FedLighttsi.4o)
Fed Min E. Smelt
Fed Min pf 60
Fed Mot T(fsoc)
Fifth Ave (S4c).
Fisk Rubber.
Fleischmn(t2A)
Foundation 90.
Fox Film A 60.
Freeport-Texas. 3.
Gabriel Snu (ts)
Gen Am Ink (3)
Gen Asphalt.
Gen Bakg pf 80
Gen Cigars "a.
Gen Eiec (hs)
Gen Elec sp zoe
Gen Motorttll)..
Gen Mot pfl7)..
Evening star., 1926-11-12

oss.So0 2p.m. l,s62.lo0
A-paid this year-no regular tate- S, -. ..
El0% In common STOCK paEaoie = n -
ZPlus 6es IN stock.
APayable when earned
EpeyAble in cash or stock-
G-P{ue ii60 share In stock,
H-fius 81 . share in special STOCK
Plus 9Hs in stock.
J-plue az in stock .,
K-Psya6le 1I40 of share quarterly in
1xi.2flus .. in stock
N-Pius $50 share in stock.
Dividend rates as given IN the ABOVE tAele
are the annua! cash payments based on the
latest quarterly or half YEARLY declarations
:Partly stock. fPaitly extra tPayable
able IN. 4: quarterly. fPlus 81 in, stock;
au1rterly,
Evening star., 1926-11-12
Huyler's Business Picks Cp.

Irwin F'uerst. president Of Huylers
Inc. reports that since the new man.
agement took hold early this year
Huyler's wholesale business shows an
increase OF so per cent over 1925.
September and October showed
larger. wholesale and retail volume
than at any period in the past six
years. According to the announce
ruent. t1uyler's. which has three es-
tshlishments In Washington. Will
within q few weeks Ne operating a
total OF SO new andy. soda and lunch
con stores in various cities.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-06-10
THE BISMARCK TRIBUNE

power in q small body or elected htate
officials to loan the public funds OF
the state. If public funds are per
mitted to be loaned, it is natural
that the weak banks should seek such
loans. The weaker banks are the
more money they will ask for, and
likely get, with the certain result
that the safety of such funds is con-
stantly jeopardjzed and great losses
will necessarily occur. This is the
costly but plain lesson Of our ex-
pcricnce with the Hank Of North Da-
kota. With this object lesson before
us is it not our duty to profit by
the experience and take the neces-
sary steps to protect our state again st
the recurrence Of such a financial
disaster? This is what the 1ndepend-
ent platform calls for and what COM
mon sense dictates should be done. -
Referring to the farm loan bust
ness as "the only useful field in
which the Bank Of North Dakota may
function" Shafer said that a general
dcpositary bank is not necessary for
the operation of the farm loan de-
partmcnt. South Dakota and Min
nesota have loaned millions, the
North Dakota Board of University
and School Lands also has loaned
millions, all without hank. It would
be easy, he said, to reorganize the
bank so as to continue only its farm
loan department for $50 long as it
may seem necessary or proper for the
state to make loans to farmers"
Replying to the statement of Gov
crnor Sorlie that the Bank has saved
money in marketing rural credit
bonds, Shafer denied that such was