The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-02-12
Meniency" Of MINI.
Rural Credits Means
Increased Misery
Demand Aged Farmer Mortgage 1892 Crop and PAY
TO on Delinquencies

grant the destitute farmers OF the
.tste a moratorium on their in
terest and principal which they
eOuId not pay, the Bureau promis-
al that it would show them Glen |
;encv" Just what this leniency !
of the Farmer-Labor Rural Cred |
its Bureau is can be seen from the |
following letter sent US by a |
farmer:
STATE OF MINNESOTA
Department of Rural Credit
St. Paul, Jan. %, 1892.
Mr.. George Baumann,
Route ,, Box 81,
Bagley, MINI.
Dear Sir:
Your letter of January 18TH re-
ceived and we note what you
state in regard to making pay
ment Of your tax item and the
November %, 1881 installment.
If we are to carry you along it
will be necessary that you give
additional and collateral security
in the form of a first crop mort
gage on the 1882 crop to secure
payment of this tax item as well
as the November %, 1881 install
ment and the May %, 1882 in
stallment.
We have taken the liberty to
draw notes and crop mortgage in
connection with your loan and if
you wish to be carried until next
fall on these amounts then we
kindly ask that you and your wife
sign the enclosed notes and croI
mortgage in triplieate before 9
Notary Public. When these pa.
pers have been properly signed
witnessed and acknowledged YOU
will retain the triplicate, or vel
low copy, and return the notes
and all other papers to this office
This crop mortgage is takel
with the distinct understanding
that it is a first crop mortgage OF
the 1882 crop and this Depart
ment reserves the right TO return
the same to the borrower in cas-
it is found not to be such.
We ask that you kindly Civ
this matter immediate attention S
that these papers will be returne
within few days.
On the ether hand, if you wis
to make payment of amounts du
at this time, you can do so, an
if so we ask that you kindly RI
turn the papers to US unsigned.
Yours very truly,
WILHELM MICHELET,
Manager, Collection Division
Per H. G.
Their "leniency" is to demar
Of the farmer who cannot pa
their robber demands crop NOR
gage for 1882 in order to secul
the payment of the installmen
Que November %, 1881 and Ms
%, 1882 and to secure the pa
ment of the tax item which
mounts to $74.31. THE "LEl
lENCY" OF THE FARMER-L4
Dor RURAL CREDITS b
REAU is TO GET A NOR
GAGE ON THE LAST CLEA
THING THE FARMER HAS
THIS YEARS CROP, WHO
HAS NOT YET BEEN PLAN
ED-AT SEVEN PER CENT.
This crop mortgage is tax
with the distinct understands
That it is a first crop mortga
on the 1882 crop and this Depa'
ment reserves the right to retu
the same to the borrower in ca
y Is found not TO be SUCH" TIL
Is THE "LENIENCY" OF TT
FARMER-LABOR PARTY
THE SMALL FARMERS.
This farmer, George Baumal
nomesteaded this land in 1900.
Is now 70 years of age and
Vile is Y. After thirty years
unremitting toll the capital
class, thru the Farmer-l.aber p
W now demands of him a mo
gage on his 1882 crop, IN reti
Iof tie right to stay on the la
u ne mortgages this crop Il
Will grab everything he gets
harvest time. If he does not Il
wal attempt to evict him.
M ms is not an individual ca
Ihe Rural Credits Bureau Is c
sylng through the same "
street policy against thousands
ner farmers. The Federal L
banks are doing the same.
u1tfe capitalist class is dema
OF the small and middle fla.
80 the last drop o. blood.
M Is against this plumber CT
nus nus horrible oppression and
seloltation Of the small and mi,
tn eIs that we must organ