The Bismarck tribune., 1934-07-19

of all news dispatches credited to It
or not otherwise credited In this
newspaper and also the local news Of
spontaneous origin published herein.
All rights Of republication Of all other
matter herein are also reserved.
Full Speed Ahead
Under ordinary circumstances the
July ! crop report for North Dakota
would constitute a major calamity
for the people of this state. Not
only are all cash crops the worst on
record but the shortage of hay and
forage will be a severe handicap
throughout the fall and winter.
The condition of cattle has i'm
proved largely because farmers have
turned their animals into grain fields
from which, earlier In the year, they
hoped to obtain cash income. Were
it not for factors outside those of
weather and production, the outlook
would be the darkest on record,
despite improved agricultural prices.
AS pointed out by this newspaper be-
fore, it makes no difference to the
farmer what the level of prices may
be If he has nothing to sell.
Based on current prices and estt-
mated yield, the adjustment pay
ments for wheat will net North Da-
kota more than the wheat to be mar
keted this year after seed require
ments are deducted. This is almost,
If not quite, true Of corn. These
payments, independent Of crops har-
vested. will total approximately $l8,-
100000, a figure not to be sneered
at in these times.
This, with payments for emergency
livestock sales, will do much to help
many farm families to keep the wolf
away from the door this winter. In
cases where these payments, together
with other income are insufficient,
the emergency relief set-up Is pre-
pared to function.
There will and can be no real pros
perity for this area without crops at
fair prices, but the current shortage
is the best possible insurance for
good prices to come and, as always,
we have the hope that next years
crops will be bountiful.
One OF the assurances that q
change Is due Is the increased activ-
ity in water conservation work
through the Civilian Conservation
Corps. In the range sections Of the
state this work will do much to pre-
vent q repetition Of the woeful Short
age Of stock water another year. II
we conserve what rainfall we do get,
we may eventually get more on the
Biblical theory Of ito them that hath
shall be given"
In the background, too, Is the i'm
proved condition of industry, for the
farmer Is just as interested in In
custrtal prosperity as the city man
is in agricultural success. AS pur-
chasing power goes up In the indus
trial centers the consumption Of farm
products will increase.
Hence the farmer, even though he
has little to sell now, gets encour-
agement from the Dun and Brad
street forecast Of business for the
third quarter Of 1894 which points to
further gains.
This service is paid for by busi-
nessmen who put faith in Its reports.
It Is not political in any way and
has no private axe to grind by delud-
ing the people as to what the future
holds. As such things 60 1t is worthy
of trust.
Here Is its analysis Of conditions
throughout the nation as . whole:
"on the breadth Of the foun-
dation which has been laid dur
ing the last six months, the third
quarter Is being launched from
position of the greatest strength
that has marked the beginning
Of any quarter during the last
five years. All Of the seven
primary factors established an
impressively favorable trend dur
ing the quarter just closed. Com
mercial failures declined almost
uninterruptedly. Com m odity
prices revealed sustained
strength. Wage scales were def
initely higher. Fluctuations In
employment were attributed
chiefly to the outbreak Of strikes
during this period but an i'm
provement was maintained.
The signal to business contained In
this analysis Is full speed ahead"
TO agriculture it says "be Of good
cheer. When you get good crops
prices Will be fair and the consum-
Ing populace will have the ability to
buy them"
We Can't All Escape
From World Affairs
WHEN you look around 1t the trou-
hle6 afate Of the nation theoe days,