The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1936-02-14

the total sum OF 5000.
Thus It IL seen that after de-
auction OF $500 Tor the Improve
ments the company Waa To get
$4,000 Tor the 8 farms 81 $50
acres. Besides the above para
graph in the contract there was
another az follows: -
"It is further expressly agreed
that the one half of the 1928 crop
to be applied on this contract, as
hereinafter provided, will, at the
option Of Callahan be accepted by
the company in full settlement for
the 1929 taxes. on land, and all in
terest accrulng up to and includ-
ing November /, 1925" This was
a good break for Callahan if the
crops for 1928 were poor
II again the pencil Is used, and
some calculating done, II viii be
| found that Callahan wasaEo nav
1852 interest first payment and
% annual payments Of So, 127.86.
or 26x$2, 127.S6 or SIS, 1850 plus
the 1852, or q total Of S54, 828. so
II the payments wer made as
per contract, instead Of $4,000 the
face of the note. This shows what
interest will do in Is years. Be-
sides this the company was Of
course re-investing each payment
each year at s per cent, and the
interest on the interest each year
derived from that mooney com
pounding continually. asas
I However, Callahan planned on
paying for the farms i9lfeur OF
five years and have the IA after ter
minated. And basing conclusions
on 1927, it looked very easy for
workers like the Galatians.
| The contract was signed. The
work was done by the Galatians
and paid for by the company. In
this way the Galatians were earn.
ing money while others were not,
There was no fuss in the carry
| ing out Of the contract.
i The Callahans farmed their ole
homestead on the reservation, the
I first and second tracts they haC
bought from the Union Central
] and did the extra work on anC
II farIned the third and last tract
bought in the fall Of 1927.
In the fall Of 1928, the Gala
hans turned oyerwto the Uniol
} Central Life 10000 bushels :.
No. hard Northern premiun
wheat, worth over 10 orAs13 thou
sand dollars. They put it in th,
elevator for them at Redstone
This crop came off all their land
including their original home
stead. The contract had been NOR
than. fulfilled. The Galatians ha
made good again and haae don
their part, and showed their goo
faith.
But in 1929 the crop failed. tn
Galatians only got enough to pa
expenses and provide the mean
for putting in the 1880 crop. The
could not deliver crop that year
0 but they turned over more tina
a the amount OF their annual cor
] tract payments in money from tn
e sale OF pigs. There was no com
plant from the company. Tn
: 1880 crop failed. Also 81, SO, 8
and "a.
/ The Galatians got enough re
{ turns to keep operating, and the
D did; summerfallowed and farme
: the big. fields to perfection. The
3 did their part and did 1t well, bu
4 the rain did not come, and th
! crops failed. Year after year th
Galatians toiled on and on. The
q worked on many side contract
!. Tor the company by which the
Z could make a dollar-and Away
/ | satisf actorilY. They used thei
{ trucks in the fall hauling frui
: and vegetables and peddIng then
among the people-all hands Wer
!. busy at whatever they could Pin
to do. They worked their machir
cry on outside jobs whenever the
: could find job The Callahan
: managed 20 make living an
. keep off relief-and their farm i
operation. They had the labor !
: their own family, and the mach
2 inery, 80 with what they carmel
!. working together as q community
4 they were able, to carry on. An
3 there was no sickness until Moth
s er broke down.
I: The company did not find faul
4 or complain. When the Callahan
J. had grain or money they delivere
4 it. But when the rains failed, who
4 the crops withered even on. the