davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

Minneapolis. Oct. 17.-{E1-The To-
cal grain market was fairly calm at
the close Tuesday after stormy day
in all pits.
Wheat futures closed Sc higher, the
limit allowed during any "a hours Of
trading.
The big item of news was the buying
Of cash wheat by the government
emergency relief corporation In Min
neapolis and elsewhere.
Flax went up 10c from the previous
closing level on Argentine news Of
bad crops and then dropped back &c.
Dec. and May wheat closed SC high
er. Minneapolis Dec. rye closed ~
higher. as did May. Dec. barley
closed 80 higher, and May ~ high
er. Dec. and May oats closed 8 high
er. Dec. flax closed 8 higher and
May Z higher.
Cash wheat undertone was firm
and strong. Winter wheat was un-
changed with offerings light and de-
mand fair. Durum showed q better
undertone In early trade. Cash corn
continued fair to good with prices
unchanged. Oats demand was steady
with offerings very limited. Rye de-
mand continued good for the mode
rate offerings. Barley was somewhat
unsettled but demand continued fair
to good with choice quality scarce
Flax demand was fair to good with
local crushers buying steadily.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
I
. ne [XP[RTS PLAY lT


Inc 0e00lnG
The proper bidding Is South pass,
West pass. While North holds five
card spade suit. his hand Is strong
enough to justify an original bid Of
one no trump. East passes. South
bids two no trump. North can then
bid three spades and South will 60
to three no trump.
The Play
II East elects to open = heart, the
declarer Is relieved Of the guess. With
. diamond opening. declarer will win
the trick and must lead small spade
to dummy's king.
When East's ten drops. declarer
must try to determine whether Easts
remaining spade Is the jack or ace.
OF course. II he plays East for the ace
and returns . small spade. finessing
the eight spot, this will force East's
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Will End Committee
Elections Wednesday

The last Of IL district committees
in Burleigh county to supervise i'd
ministration Of the federal wheat al
lotment- acreage reduction program
will be elected at two farmer meet
ings Wednesday, according to County
Agricultural Agent H. o. Putnam.
The last meeting will be held at
Baldwin at 2 p. m. and Wilton ut 9
p. m.
Two elections were to be held Tues
day, at Mckenzie at 2:30 p. m. and
Sterling at p. m.
O. B. Swanson, Clark Crawford and
Burns Bailey were named to the
eighth district committee Monday
evening at Moffitt. In this district
are Morton, Long Lake and Wild Rose
townships. Swanson will represent
the district on the county wide COM
mittee.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
THE BISMARCK TRIBUNE
ADVERTISEMENTS
$50 to 2.6s: all weights common and
medium 100 to 400: feeding lambs
SO to IS lbs. good and choice 800
to $50.
SIOUX CITY

Sioux City, Iowa. Oct. 1.-tAP-
U. 8. D. A)-Cattle $500: fed year.
lings about steady: matured steers
dull, tendency lower: other classes
little changed; choice yearl n & :
around 600; bulk grain feds salable
500 to SEQ; choice heavy heifers
$50: most cows 200 to $50; low cut
tiers and cutters largely les to Its:
choice 800 ID. stockers ATS: 800 ID.
offerings 400; numerous sales SIS
down.
Hogs $500: slow. mostly 20 to Is
lower; top 4.25: early bulk $50 to $50
Id. weights 400 to 4.25: scattered
sales $50 to 3l5 lb. butchers $50 to
400; sows mostly ais to $40; prac-
teal sow top $50: extreme heavies
down to $50; feeder pigs 3.75 to 400.
Sheep $500; no early action for
fat lambs, undertone steady to weak:
feeders unchanged: best slaughter
lambs held above 6.2s: odd lots good
yearlings $50 down: early sales me-
dium to good feeding lambs 500 to
SOS,
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
DULUTH CASH GRAIN

Duluth, Oct. l7.-(P)-Closihg casl,
prices: Wheat: No. I dark northern
731s IT'S: No. 2 do 72s.739s; No. 2
do 70S -72ls; No. northern 73h
IT'S: No. 2 do 72h -73x: No. amber
durum 74h -93ls; No. 2 do 74ls-93.s
No. l durum 1915 -74h: No. 2 do 73h :
74h: No. ! mixed durum 70 -90h u
No. do 73h-90h: No. l red durum
1875.
Flax on track 1.70. LAY: to ar
rive l.70la.
Oats No. 8 white 26-27.
No. rye $3.50.
Barley choice to fancy 40A -42A
medium to good 37H -30N; Lower
grades 25aa -38s4.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
BOSTON WOOL

Boston. Oct. 17.-(P,-(U. 8. Dep.
Agro-Very little wool Is moving In
the market here. Not enough busi-
ness is being transacted in most lines
of greasy domestic woods to establish
market prices. Asking prices, how
ever. are not showing any change on
stable offerings and there Is no ap-
parent pressure to sell at the present
s'1oment. Odd lots and cleanup Of
ferings Of inferior character are said
to be moving at prices in the buyers
favor compared with prices realized
in the period Of active trading Q
month ago.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
For Sale
WINTER VEGETABLES

WINTER VEGETABLES
DIRECT from the farm to you at 106
Main Ave. Opposite weather bu-
reau. Phone 23l. Carrots, onions,
cabbage, rutabagas, beets. Special
potatoes. Toe per bushel, zoe peck.
Special prices on all items In truck
load lots.
FOR SAL%TYPEWRTTERS, Add
ing machines, EXPERT REPAIR
ING on all office machines. Sup
plies. CAPITAL TYPEWRITER
co. 207 Broadway. = block West
Of Postoffice. Phone $40.
FOR sALE-Remington 5000 auto
matte rifle. Call at 8l6 Avenue B
upstairs.
FOR sALE-Parlor heater. Sell CHEAP
II taken at once. Call at Bismarck
Bargain Store.
FOR SALE-McCaskey fileproof nc.
count register In good condition
Cheap price. Suitable for retail
store. First National Bank, Bis.
marck, N. Oak.
FOR IMMEDIATE SALE-Gravel DO,
and hoist. A bargain. w. F. Gag.
ner. 5OO-9th st.
tionS following ruptured appendix
Shortly after milking the cows the
young man complained of headache
and a pain In his side. A doctor was
called and on his advice Wendt wa!
brought here. Upon his arrival here
doctors said there was virtually NJ
hope for his recovery.
Wendt leaves his parents and . II
year-old brother. He was not mar.
rted.
Funeral services will be conducted
Thursday afternoon from the LII
theran church at Emmett. The body
will be buried in the Emmett GENE.
terry.
The Wendt farm is IL miles ives
Of Garrison, on the other side OF thu
Missouri river.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Houses and Flats

FOR RENT-A very good broom
modern bungalow, close in; imme-
date possession. Geo. M. Register.
FOR RENT-To responsible party
completely furnished 6 room modern
house. Inquire at 619 Mandan st.
or phone 46S.
FOR RENT-Five room m d e r n
house. with garage. Near Capitol.
Reasonable rent. Phone 46O-M.
FOR RENT-Six room modern houCe
and garage. Reasonable rent. In
ouire at IA 6th Ct.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
NEW YORK

New York, Oct. 17.-(P)-Butter, 49,
Ill, steady, unchanged. Cheese 49,
238, firm and unchanged. Eggs 49,
SAG, irregular. Mixed colors, UNI
changed.
Live poultry steady to firm. Chick
ems, express 1917 fowls, freight and
express Ills: other grades unchang-
ed. Dressed steady to firm and UNI
changed.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Produce Markets
CHICAGO

Chicago, Oct. 17.-(PeButter was
again unsettled in tone Tuesday with
some prices revised downward. Eggs
and butter both ruled steady.
Butter, 1915, unsettled; creamery
SPECIAL (93 score) 231k-24; extras 1927
%: extra fi-sts t90-9l, 20;-2lA; firsts
1880 1914; seconds (86-8D 1871
II. standards 600 centralized carlots)
II.
Eggs. $3.50, steady, prices I'M
changed.
Poultry. live cars, AZ trucks,
steady; hens 8-1l1s: Leghorn hens z;
Leghorn chickens 81.: Rock springs
1Oh IL. colored 10: roosters tn: tur-
keys 8-14: spring ducks 8h-1l, old
81 10: young and old geese 8.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
For Rent

FOR RENT-Large store room with
full basement. Heat furnished. In
Quire Prince Hotel.
FOR RENT-Store building at Heb
ron, N. Oak. Excellent location
Reasonable rent. Suitable for gen.
eral store or beer parlor. Write s..
E. Halpern, Glen Ullin. N. Oak.
WILL STORE parlor furniture for use
of same. No children. Best of care
Phone 383-LJ.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

tional labor board. pledged the Weir
ton West virginia) company to take
the strikers back without discrtmina-
ton. It further promised the board
would supervise q December election
at which employees will select repre-
sentatives for collective bargaining
with their employers.
The settlement. which also refers
any future disputes to the board, was
signed by E. T. Weir, chairman Of
the National Steel corporation and
its subsidiary, Weirton Steel, by vii.
liam J. Long, for the strikers and
Senator Robert F. Wagner, chairman
of the labor board.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Big Steel Company
Signs With Workers

Warrington, Oct. l7.-(P)-A signed
contract with employers and the gov
eminent Tuesday found Thousands OF
Weirton Steel company strikers re-
turning to work.
The agreement, effected by the ma
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Miscellaneous
FOREIGN EXCHANGE

New York, Oct. 17.-lF1-Foreigr
exchange firm. Great Britain de.
n,and in dollars, others in cents
Great Britain ASH; France 5.69k,
Italy 7.65; Germany $3.50; Norway
22.85; Sdewen 23.45: Montreal In New
York 800; New York in Montrea
1O3l21a,
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
RANGE OF CARLoT SALES

Minneapolis. Oct. l7.-(R-Range
Of carlot grain sales: Wheat: No. I
hard spring 72it-73 No. l dark
northern 69s. -72s4: No. 3 hard winter
Co.'S; No. 2 soft white 681s: No. am
DER durum 1875 49,: No. mixed
curum g. -69sa.
Corn: No. yellow IS.
Rye: No. 2 ~.
Barley: No. 2 special IS; No. 2 S.
81: sample grade 29A.
Flax: No. 1.68-1.7l.
Oats, not quoted.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Ruptured Appendix
Fatal to Young Man

Rudolph M. Wendt, Jr., 26-year-old
farmer of Emmett. who MIXED cows
on his fathers farm Monday FORE
noon. died shortly after midnight
Tuesday in a local hospital.
His death resulted from complica-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Work Wanted

VOlA VOSluVOO
EXPERT WATCH REPAIRIN0-At
one half price. All work guaranteed
one year. Regular 81 90 fancy crys-
tai, soc; watch cleaning. regular
$2OO, new 500. Wrist watches
cleaned, regular $500. now $3.50.
Main spring. $l.25. Dean e. Kysar,
310-4th st. End door north OF
Montgomery Ward.
WATCHES AND JEWELRY CARE
FULLY REPAIRED-Also the New
G-S F1exo Crystals at low prices
c. M. Walker. known in the jewelry
business In Bismarck for the past
five years. Located at Harris and
Woodmansee.
HAIRCUTS 10 SUIT THE HEAD
Only experts can do it. Face and
head treatments. Bring the whole
family. Children Csc. Profs. Klein.
gartener and Maddox. Murphy!
Barber Shop.
TIGHTENING without shims all au
to and truck wheels with wooder
spokes and steel felloe. MAXI
sQueaky wheels absolutely tight aIlt
true. Call 605 Tire Service.
WANTED-Work on farm by man an,
wife through fall and winter. Elk
perienced. Write Tribune Ad. Nc
1921.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
CHICAGO CASH GRAIN

Chicago. Oct. H.-(R)-Wheat, No.
hard 70-70h: No. I mixed (weevily)
81: corn. No. ! yellow 1914 80: No.
white 36A-37: sample grade 1890
oats, No. 2 white 25-25A: sample
grade l9-l9A: no rye; harley, 1896
timothy seed, 5.7S-6.25 cwt.; clover
seed, o.OO-12.O0 cwt.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
SOLUTION TO PREVIOUS
CONTRACT PROBLEM
By WIN. Z. MCKINNEY
BRIDGE

Secretary, American Dgidge League
Regardless Of how scientific the
game Of bridge becomes, Lady Luck
viii always govern her share Of the
hands. There win always b the
good breaking" hands and the ''hard
luck" hands. The preceding problem
hand, shown here, II one o. those par
feet breaking hands. and while the
declarer, BY making the right hear
and spade play, can make six ~
trump, It sould not b bid. u course.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
MINNEAPOLIS FLOUR

Minneapolis. Oct. 17.-P)-F1our q
lower; carload lots family patents
quoted 6.40-6.50 q barrel In 80 pound
cotton sacks.
Shipments 25,745.
Pure Bran 13.O0-l3.50.
Standard Middlings 14.0O-l4.5O.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
rEhlBINA PIONEER DIES

Walhalla, N. D.. Oct. l7.-<R1 Be-
bastian urlaub, @, resident Of POM
bina county for 50 years. died Sun
day night ct his farm home near Il
Roy where he h0mesteadsd IN 1870
He was member Of the county
board for - years. prominent IA
church and school work and I lead
ing farmer.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
CY1RR sr0cxs

CURB STOCKS
New York. Oct. l7.-(R-Curb:
Cities Service, 2ss.
Electric Bond 81 Share, TN.
Standard OIL Indiana, 20.
United Founders, Us.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
MONEY RATES

New York, Oct. 17.-(AP)-Call
money steady; y per cent.
Time loans steady: 60 days Is to
u; 3-4-5 mos. v to y; 8 mos. u to Y
per cent.
Prime commercial paper IL.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
GOVERNMENT BONDS
WINNIPEG CASH GRAIN

Winnipeg, Oct. 17.-(P-Cash
wheat: No. northern 57ss; No. 2
northern 54h; No. northern 52A.
Oats No. 2 white 1914; No. 3 white
26A.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Business and Professional Service Guide
Statesmen

NEW PRODUCT SELLS ON SIGHT
to merchants. Positively one Of the
fastest selling articles on the mar
ket. Write @ e. + Distributors.
ll5E Robert st., Fargo, N. y.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Apartments for Rent

FOR RENT-Two very desirable I'M
furnished apartments. Kitchenette.
living room, bedroom and bath.
Electric stove, electric refrigerator,
laundry and locker in addition.
Fireproof building. Good downtown
location. Rent reasonable. Inquire
at the Bismarck Tribune Office.
FOR RENT-Well furnished room
apartment. Also good sized single
room kitchenette apartment. and
small sleeping room with clothes
closet 411-5th st. Phone 273.
FOR RENT - Furnished room
ground floor apartment. Private
bath Rental $500 per month. 6l8
9Th st.
FOR RENT = Furnished q room
apartment on 1st floor. with pantry
and closet. Heat, lights and gas
furnished $500. Adults only.
Phone 1470-R or call at 306 w.
Thayer.
FOR RENT-3-room apartment with
private bath. sleeping porch: very
close in. Washing privileges. Fur
nished or unfinished. 1913 End St.,
or phone BOOM.
FOR RENT-Practically new three
room apartment. Private bath. Gas
range. electric refrigerator. use Of
electric washer and vacuum clean
er. Also heated garage. Call at 400
Eleventh st. or phone 1861.
FOR RENT-Modern 4 room apart
ment. Private bath. Hot water
| heat. 514 Seventh st. Adults only.
FOR RENT-DoWnstairs apartment
Three rooms with private bath.
Furnished or unfinished. Also
one light housekeeping room. Call
at 8O8-7th St
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

Were It not for Homer. the Greek
poet, the society he describes would
have vanished from human knowl-
edge.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Rooms for Rent

FOR RENT-Reasonabl Large,
clean, furnished room in new home
Private entrance and bath Suit
able for two. Light housekeeping
II desired. 1915 Seventh st. Phone
1755-W.
ROOM FOR RENT IN MODERN
new home. 21a blocks from G.. P.
Hotel. Clean and quiet and always
hot water Call at 503-4th st. or
phone 120-R.
FOR RENT Furnished sleeping
room. Reasonable rent. Gas heat.
21l Rosser between Second and
Third Streets. Close in.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Tribune's Grain, Livestock and
Mqrket Report for Tues, Oct. II
MINNEAPOLIS CASH GRAIN

Minneapolis, Oct. 17.-tFeWheat
receipts Tuesday - compared to Is
o year ago.
Minneapolis cash wheat ana coarse
grain closing quotations today follow:
Wheat Delivered To Arrive
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
CLASSIFIED AID
RATES
l insertion, IS words
45c

20 WORDS .....s.ss..sss... 'SOS
2 consecutive insertions, not over
IS words ....................$ .B5
) consecutive Insertions, not over
- words .$l.VU
8 consecutive insertions, not over
Is words 81 As
All ads OF over 8 words add Sc per
word to above rates.
All want ads are cash In advance
Copy must be received ut The Ttib-
une office by 900 q. m. to insure
insertion same day n the regular
classified page.
Cuts, border or white space used on
want ads come under the classified
display rates Of Is cents per column
inch per single insertion.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Lost and Found

LOsT-Dress belt, navy blue geor-
gette with large white polka dots.
Please return to Tribune office.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

CHICAGO STOCKS
(By The Associated Press
Midwest Util. II.
McGraW FL. ~.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

INVESTMENT TRUSTS
ny The Associated Press
lover counter at New York;:
Quarterly Inc Sh l.28: 1.4l.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17

MINNEAPOLIS STOCKS CLOSE
(By The Associated Press
First Bank Stock 6A.
Northwest Banco SIS.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Wanted to Buy

THE WESTERN PRODUCE COM.
PANY Of Mandan Is again open for
business. Bring us your poultry.
hides, furs and junk for highest
market prices.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-10-17
Garage for Rent

FOR RENT - Garage at Sill 0th
Street. Phone 613-J.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
THE WOMEN

A nationwide poll among wo-
men has resulted in the selection of
the II greatest American women
leaders of the past 100 years. 1t is
an interesting list. As might be
expected, those who were leaders
in reform take five places, as a
gainst two for college presidents
and two for authors. Amelia
Earhart, by her flight across the
Atlantic, won a position among
the II. 1t seems strange that that
one feat placed her ahead of Evan
geline Booth, who did not make
the list.
In spite of the great prominence
given women in the theatre and in
the movies, not n of the stage Or
screen luminaries was given a place
on the favored list. On the whole,
it is a very substantial list and
gives a good idea Of the important
part in American life played by
women leaders.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
ARE BOOKS

John Erskine, author of several
novels which have had large sales,
is very gloomy about the prospects
of the publishing business. He told
a New York audience hat radio,
the movies, magazines and news
papers were cutting so deeply into
book sales that he is sure that there
is not much of a future in the pub
fishing business.
Mr.. Erskine admits that the de-
preston has been chiefly responsible
but his contention that book sales
would still be declining if we were
having a period of prosperity is
not convincing. Books sold well
in 1928 and 1929 and were sub
iect to about the same competition
as they now meet. Until we have
had a chance to see what happens
in the next period of coed times,
we are not going to take Mr. Err
|.kine's gloomy prophecy too serious
w.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
COMMENT
BOOST GAS TAX

To The Editor:
When we were in the World
War, we tried to avoid waste of
fuel and food. We observed days
of semi-fasting religiously. The
menu was pared down and rear
ranged toward quicker conclusion
of the war. Some commodities
were dealt out like doles by ret IL
stores. An excessive supply of it
might mean criticism or criminal
prosecution. These measures by
the American public back nome
spelled plenty for their fighting
expeditionary forces.
l am lot stingy nor wild on the
economy subject. But if extreme
domestic economy during the war
is workable and worthy, it is even
worthier in peace. If l were asked
as a legislator next month what l
would tax first to balance the bu'
get in North Carolina l don't know
what my answer would be. As a
plain taxpayer though, disrobed of
all sayso now since my ballot has
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
NO MORE DIMES

John D. Rockefeller, ST., has ap.
parently abandoned the practice Of
giving away dimes. 1t is now near.
y a year since he has favored any.
one with a shining new ten-cen'
piece.
The elderly fnancier made man,
persons happy with these gifts
many of which never found theil
way into circulation. They wer'
often kept as tokens. Just why h
is not giving any more away is no,
known for sure. He simply stop.
ped doing it without giving any
reason. However, a member of hi
household has let it be known tina.
many persons kept repeatedly ask
ing him for dimes. This becam'
SO annoying he was forced to enc
the habit.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
. PROBLEM FOR THE
LAW

To The Editor:
Because of carelessness, indifer.
ence, poverty, disaster, Or dire dis
tress, as the case might be, a pro-
| perty-owner has failed to pay his
taxes. When the May following
comes around the sheriff advertises
his property, adding to the tax al
ready imposed, the cost of adver
tisidg, other expenses Of sale, a
penalty varying from time to time
with the moods of the different
Legislatures, and on top of all
this, usurious rates of interest n
til the owner can redeem the pro-
perty-all of which amounts in
many, if not a majority of cases,
to absolute prohibition of redemp-
ton.
Granting that the owner failed
to pay his taxes because of care
l~essness or indifference, a penalty
would be justifable; but the fact
is that few farms in recent years,
with the low prices of farm pro-
ducts prevailing, have been able to
pay anything like the expenses of
the farm, leaving out the matter
of taxes altogether. In such cases
l doubt the justice of a penalty,
though it might be condoned on
the assumption that all should be
dealt with alike. But to collect
20 per cent, IL per cent, 10 per
cent, and Never less than 8 per
cent on such UNPAID taxes after
sale of property, until paid! is
without justification, and puts the
State in position of a parent who
tells his child to "do as I tell you,
not as l do" for the interest laws
Of North Carolina forbid a citizen
to charge more than s per cent
interest. An exception to this
rule is that of crop lien and chat
tel mortgage accounts which bear
10 per cent, but this can be added
only n time.
Why should the State wish to
violate the spirit of its own laws?
Consistency! thou are a iewel!''
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-01-06
There is a big demand for

cash. There is a big demand for
government bonds which are now
selling at high prices.
So long as the banks have the
money the government can Dor
row at low rates. But this isn't
doing general business much good.
The more government securities
pile up in the banks the less money
they will have to finance business.
| AT present the demand for credit
is light but that won't last indie
fnitely.
Mean while if the government
continues its lavish borrowing ano
issues more short term ~securitie.
the banks will put more and more
of their resources at the dispose.
of the government.
In time, the ability of the gov
eminent to borrow at a very low
rate will be very much lessened
rates will rise and general business
will suffer, in the event that trade
picks up, from a restriction of
credit.
The banks are today virtually
the sole source of government Gre
dit because they have the cash and
want to put it to some use.
There is grave danger, however,
of overlooking them with govern
ment securities.