The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-12-31

eral government to loan $4,000, OOO
to farmers in the Northwest to
finance livestock purchases. Bust
ness leaders Of the Northwest sup
ported the plan and when it failed
in Congress, private capital was SUBJ
scribed to accomplish the same pur-
pose.
The Agricultural Credit Corpor-
alton was organized with $4,000, 900
capital and started operating in 1924.
Money was loaned at six per cent to
be used for purchasing cows, ewes
and pure bred sires. In the four
years of operation the corporation
has made loans Of $1,190,7O8 to
|2,142 farmers in North Dakota with
which 1854 ewes were purchased.
North Dakota cattle loans totaled
$500, $50 and 6,248 head were secur-
ed by 1896 farmers. It's total live
stock loans for the four years in
North Dakota was 1854, 1859 to
1858 farmers. 1t was in view Of
this service to the northwest by the
Agricultural Credit Corporation that
President Coolidge recently pointed
to the work Of the corporation, and
its successful operation under the
direction of C. T. Jaffray and asso-
ciates, as one of the big develop
ments in the northwest during his
administration. North Dakota banks
have likewise rendered distinct serv-
ice along similar lines in their en-
deavor to improve agricultural con-
ditions within the state.
Railroads Contribution
The sheep campaign furnishes a
striking example of accomplishments
when private corporations and BUSH
nessmen's organizations carry on
promotion campaigns under the di-
rection of the North Dakota Agricul-
tural College. The Great Northern
Ry., Northern Pacific Ry. and 500
Line put business initiative behind
the sheep campaign. They extended
aid in getting orders, buying and
distributing ewes. Commercial
clubs, bankers and business men
helped. County agents assumed the
brunt Of the work both in selecting
farmers who should be interested
and in follow-up. The agricultural
Credit Corporation and local bankers
furnished the credit.
Calculations from the U. s. census
show that there were 203,549 ewes
in North Dakota when the campaign
started in 1924. Since that time
1854 ewes have been shipped into
the state, an increase of "a per cent
in four years. Farmers have found
sheep profitable.
The same railroads, in cooperation
with the agricultural college, made
possible the better beef train and
better seed train. In its own area,
the Milwaukee Ry. has Joined in
campaigns suggested by the college.
Creameries, implement companies,
and other industries kindred to agri-
culture are also playing an import
ant part.
Business Men Active
That business men Of Mort, Da-
kota have taken it upon themselves
to help speed up North Dakota g
agricultural development is indicated
from reports received by the Greater
4VVStu 00AV60 0SoVCA0t1Vu 4IO1Il
chambers Of commerce in larger
cities which also conduct branch
offices Of the state development
b.dy. Summarizing these reports
the associations review points out
specific projects as follows:
Grand Forks-Co-operation in 10.
eating creamery; establishment of
sugar beet factory; feed crop cam.
| paigns, conducting annual All-Amer.
lean Turkey Show.
Devils Lake-Conducting annual
poultry show; distribution Of 1900
baby chicks during 1927 and devot-
ing major part Of 1928 program ia
agricultural development work.
Minot-Initiating campaign ir
1925 resulting in placing $40 dairy
animals, including so pure bred sires;
sponsoring 1926 district campaign