The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-11-20
MOVEMENT BACK
TO farm NOTED
ATFARGOM MEET
Speakers at Landowners Con-
ference Say Tendency Is
Developing Rapidly

JllC lIIO.oU CllSOul 8 AlA6 0cPGNDo "a III
farm land situation is the definite
trend from the city back to the farm,
persons attending the third annual
landowners conference sponsored by
the Greater North Dakota associa-
ton, we're told last night.
Evidence of this trend was reported
by A. w. Byerly. in charge of immi-
grafton and colonization work for the
Northern Pacific railway.
Many tenants and some farm buy
ers have come into the Northwest this
year from industrial centers, speak
ers reported. Farmers of North Da-
kota are meeting farm mortgage obli-
cations, it was reported. and collec-
lions for the federal land hank for
the first 10 months of this year are
as good as they were in the same pc
riod of 1929 and much batter than in
1928.
Colonel C. F. Mudgett. manager of
the Bank of North Dakota, reported
the bank has loaned s2,000,000 on
North Dakota farms this year. with
applications for an additional $780,
900 on file.
Farmer Viewpoint Given
A report on the Tenant Farmers
Meetings" held last winter in Al
counties and attended by over 10000
tenants and land owners was made
last night by B. E. Groom. who with
Wesley c. Mcdowell of Valley City
conducted the meetings for the
Greater North Dakota association.
For these meetings" Groom said.
I'VE usually tried to get information
from local parties on types Of leases
used, cropping practices, returns and
sales in each community and these
were discussed along with the land
sales contract sponsored by the asso-
citation. At the conclusion of these
meetings we felt that we had been
given a lot Of information on the
viewpoint of the farmers on these
problems.
1.-TWO types of leases the $3.50 croI
share and the rs per cent net to own
ers were found to generally FREEDOM
mate over the state and. for the farm
ers are as satisfactory as can be de.
vised for general use on improved
grain farms. For the unimproved places
they are very satisfactory, Ind fol
odd quarters the only solution seems
to be in long term leases with a fixeC
rotation program under which one
third will be summerfallowed. or put
in cultivated crop each year, to bring
the land back to profitable produc.
ton. Under this system such land.
can be rented, made to produce anc
the owner will get one-third net from
two-thirds of the land each year.
Farmers seem to be keenly inter
ested in any land sales discussion ane
that invariably elected plenty o.
IDEAS" Groom continued. "Wher'
non : resident owners are trying tt
maintain and improve their propert.
their efforts are appreciated, but thu
management of too much of this lane
indicates that owners have mor'
money than faith in it. Offers to sci
on what are called easy terms doe:
not get buyers, for farmers cen tt
have a different notion of what cas-.
terms are than owncrS. TWent.
years ago all regarded a deal as on,
of easy terms If the cash paymen
was one-fourth of the purchase price
interest 6 per cent and a small caSl
payment required annually. That 1
, not true today, for over the past pc
Rod of years there have been tor
: many reverses and losses. Senti
ments expressed tat the meeting
clearly indicated that buyers woul'
. no more freely sign straight fixe'
B payment contracts and put up a fey
thousand for initial payments an
:, quicker than they would walk int
$ the first building they came To witt
!, a bank sign on it and make a deposi
! CT their entire savings and capita
They are thinking about aosolu.
safety and security. and in the nea
, future we can not expect to fin
many buyers with a good bank roll.
AT the same time, we believe tina
the average farmer does want to owl
a farm of his W and just as 500
as conditions permit there are larg
numbers of prospective purchaser
right here in the state. The term
. and conditions under which the
5 can buy the farms they want ipteres
! them much mor than the Price. Tn
. land sales contract proposed by on
/ association with its cash initial pay
Q ment. fixed operating system. pay
Z ments during a 15-year-period. an
o varying according to earnings, me
1 with very general approval on tn
part of prospective buyers and loca
fowners who want to sell. Some sale
2 are being made and land worth S.
5 is not begging buyers at SIS on tina
basis.
5 we arc not assuming that We hav
: set up a perfect contract and kno'
that for some districts and for som
properties it is not practical. 1t
5 also very evident that some bank
S and other agencies cannot use 1t o
nronertieS that. They must sell. but W