The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-01-10
WATERWAY:TO
RESULT IN BIG
SAVING FOR n. D.
Many Facts Brought Out in
States Plea For Compile
tiOn Of Project
COMMITTEE REPORTS
Mi"imu" Annual Saving on
States Grain Crop Alone
Placed at $7,943,216
COMMITTEE REPORTS

Completion of the Great Lakes
st. Lawrence deep waterway will re-
suit in Il minimum annual saving to
North Dakota Of $7.943,2l6 or the
states grain crop alone. This amount
would:
Pay the interest nt z per cent
on the states farm mortgage in
debtedness of $82,4lO,56O and
amOrti2e the debt in less than :
20 years; or
Pay off North Dakota's bonded
Indebtedness of $26,859, 900 in
less than four years; or
Pay interest at the rate Of more
than per cent on the total bank .
deposits in the state; or
Add $40 an acre to the value Of
North Dakota cultivated land IL
capitalized at per cent, the
average interest rate on farm
mortgages.
These facts, and many more of
equal force, are brought out in
"North Dakota's Plea for the Great
Lakes-St. Lawrence Deep Waterway
released for publication today BY
the Greater North Dakota Ass"ria-
tion. The plea Is made in the form
of report to the association ana the
North Dakota Tidewater Commission
from a joint committee appointed by
Governor A. G. Sorlie and c. f.
Danielson. president of the Greater
North Dakota ssociatiOn. 1t was
prepared by Orville NJ. Fuller, assist
ant professor of agricultural econo-
mics, and DR.. A. H. Benton, head Of
the department of marketing and
rural organizations, North Dakota
Agricultural College. DR.. Benton is
chairman of the committee, other
members being DR.. f. H. Towne
University of North Dakota, c. W
Graves, Grand Forks, p. r. Trub-
shaw. Valley City, and James s
Milloy, Fargo, secretary Of the
Greater North Dakota Assoc iation.
The report was given to the public
today on the eve Of the opening OF
the Tri-State Farm Congress in Fargo
at which Hon. W. L. Harding, former
governor of Iowa, will speak on the
waterway project. While in the state
Mr.. Harding will, at the invitation oi
Governor Sorlie, address a joint ses.
sion of the North Dakota legislature
Extracts from the report followe
The Case For North Dakota
North Dakota is vast area Of
arabic land and compares very favor
ably in size with some of the coun.
tries with which she has to compete
for the sale of her surplus products
This great state is more, than 81,
times as large as Belgium, about
txsyo a \ sndc 1n vt01S onA .
little less than two-thirds the siZ.
of the whole United Kingdom. France
Is less than three times as large as
North Dakota and Japan is abou,
three and One-half times the area 0l
this state. OF course, these figure.
do not include the dependencies ol
these countries, but when we realizt
that North Dakota is only one state
out of forty-eight Of the Who'll.
United States, it is not difficult II
conceive Of the development which
might take place.
In comparing North Dakota will
these, other states we find that il
ranks sixteenth in area. II is larger
than the combined area of New York
New Jersey, Connecticut and Massa
chusetts, and has more square miles
than any state touching the Atlantic
Ocean. If these states with thcil
comparatively small land areas car
support a population which is ter
or fifteen times as great as that
found in North Dakota, then WI
would conclude that there is room fol
expansion in this great state.
Surplus Producing State
North Dakota is essentially an agri.
cultural state and is known as !;
producer Of small grains. According
to. figures gathered showing raj
shipments, North Dakota has shipped
out 92.3 per cent Of the average
Continued on pees six.)