Bemidji Daily Pioneer Newspaper, April 26, 1919, Page 4

s SRR TET, " PAGE FQUR ? VIGTURY LOAN BONDS APPEAL - TO ALL CLASSES OF INVESTORS L Abrie:to. Mon of S o Moderate Means As Well As to Wealthy. From Purely Commercial Standpoint Issue Should be Heavily Over-Sub- scribed and Remain at All Times In Good Demand. “When the devil was sick the devil & monk would be, but when the devil was well the devil a monk was he.” It would be a queer specimen of & man who would contentedly pay his . doctor while he remains sick and dis- !, continue paying him for services al- . ready rendered after he regained 'his ¢ health. Such an attitude would be one of outlawry, of repudiation of . debts, of ingratitude and of yellow- ' ness. This is precisely the;attitude of : the man who says, “Well, it's all over : mow, so why worry.” If our Government demanded from every citizen the greatest possible sac- rifice in order to meet its honest obli- gations incurred for his benefit, such sacrifice should be willingly and grate- fully made by everyone. However, in the offering of the Fifth War Loan or Victory Loan, the Government is not demanding or even requesting from its citizens the slightest sacrifice,—on the contrary, it is affording them a rare investment opportunity, and it is the purpose of this article to outline the attractive commercial features of the new loan. Victory Liberty Loan. The Government will issue $4,500, 000,000 Convertible Gold Notes, to be dated May 20, 1919, and maturing May 20, 1923, the Government reserving the option of redeeming them on June 16th or December 16th, 1922, at par and accrued interest. Interest wi]l be paid semi-annually, June 15th and Decem- ber 15th. There will be two classes of these notes: (1) The 43;% Note exempt from State and local taxes and from the Normal Federal Income Tax. For the year 1919 the Normal Tax for individ- uals is 8%. On account of the exemp- tion from the Normal Income Tax a yield of 4% % 1s equivalent to a yield of 5.16% on a mortgage, corporation bond or other form of taxable invest- ment, i, e, 6.16%-—8% (.41%)=4.76%. For corporations the Normal Tax fs 10% and, therefore, the 4% ¢ notes when held by a corporation are equi: valent to mortgages or corporation bonds ylelding 5.299%. It is inconceiv- able that these bonds will ever sell at any substantial discount from par, and, in fact, after their distribution has been effected, there is _every rea- son to believe that they will be selling at a premfum. The mnotes ofter an ideal investment for savings banks, insurance companies, financial institu- tions and corporations in general, and with a return to normal interest rates it I8 highly probable that the commer- cfal banks will invest heavily in these notes as a secondary reserve. The .notes, therefore, offer the small inves- .tor prabtically all of the advantages |Ior a demand deposit, paying interest ‘at 4% % without the deduction of the .Normal tax. The exemption of the ducome trom local taxes is also a lea-ltlmel in good demand. e e e e e e S e oats, etc:; do well. Good water ab- tained by digging well 25 to 40 ft. _Water for stock still easier. Price $3,000; $1,000 cash and 10 yrs. time on balance. 2d428 160 acres 2 miles from Bemidji, Minn; 22 acres in cultivation; bal- ture not to be overlooked. Many states now have State Income taxes| comparatively level. Clay eoll,| wearer, Experience unnecessary. and other states are contemplating the suitable for both farming and Guaranteed 'Mills, Norristown, Pa. also exempt from,the ‘“moneys and (2) The 3% Nots carrying a fur- turnished by 'a-30 ft. well with ther tax exemption.from what is known as Income Surtaxés and from War-and Excess Profits Taxes. This additional tax exemption will make these notes particularly - attractive "and = advan® tageous to individuals with large -in: barb wire fen Buildings in- sured for $600. ce $5760; $3,- the Excess Profits Tax. The follow.| Of listings, Can use more godd list- ing table shows the relative yield at| n&s from Minnesota. Address In- S ternational Real Estate Exchange varying ratés of income of the 3% % |. Byureau, Coer d’Alene, Idaho, or see net income from mortgages, corpora- tive, Bemidji, Minn, _ 2d428 tions or ofihor form of investment, which are not ox Tax: FOR SALE—Five room house, one lot: 86x1-40 and store and. ware- a taxable 2 and 3, sec. 30, R. 30, T. 149; two $5,000 412 erty bonds, balance in box bolts or | ¢l and complete maintenance G WE P Afl 10,000 4.26 cord wood, f. o. b. cars at market % " | 25000 -8 .| price, time o sult purchager—on| LAake Julla Sanatorlum, Puposky, the lughest marlet price 30000 o amL | RS Hhaber o, pay for’ Tand. FOR ANY Kind of real estate deal, see | for:.£ge . metald, Irabligs: and gg'ggg i 5%; A. W. Bowman, Moorhead, Minn.|' or write E. J. Willits; 218 Beltrami; ‘scrap. iron.. We llq.) pay. freizht A : :-“ 4 o L Ave. . Phone, 41. 1213t( | B~ : Y on all' out of town dt,}npmem:s for 76,000 " §70 | POR TRADE—Haye 40 acrés of lind | WANTED—Middle aged woman or ro 100 poum‘iisfi)and «r. Highest 100,000 9.38 fn Port Hmp«t town::lip, I :ivould c?gxp’etezzt 8}{(’1 tlo ahyelp ;’;fi tgx‘-'glg o e pnees pal r hi y . 160,000 7 10.42 Hke ‘to trade for cottage and one elderly inva) ady. . Bixby. b 200,000 3§18 dare: in Bemidll, ooty Malstal) Ave. _ 4a4zs GOLDBERG’S HIDE & F UR CO. 500,000 g 13.40 M.;,__ WANTED—Competent girl for gen- Phone 638-W . 112 4 3d Street 1,000,000 and over 78 “13.89 " | FOR SALE—120 acres easily cleared eral housework. Mrs. J. L. Elwell, : | R A careful study of this table shows land, about 2% miles east of ise- Nymore. Phone 766. 64426 the enormous advantage of this tax midfi. Description as. follows: | ——0—07————— . exempt feature to, of even fairly largs incor 2L 8 For the.year 1919. the Excess Prot- its *Tax reaches :40%::dn .the amount 3% of NW3, sec 14-146-33. This land belongs to the county of Bel- trami ‘and formerly used as the fect to this tax, the $%% Victory | FOR SALE—Cheap, if taken at once, bonds offer the same net yleld as a as party is leaving town;. 5-room taxable security ylelding 814 %. house, partly modern. Good loca- The-purchaser of the 4% % notes or tion. One block from City hall. the 3% % notes'also receives complete| John Tenpstrom, 409 Amg“cg tax exemption on bonds of the previ- avenue, Telephone 301-J., 12d5 FOR new notes wblcfln)ed for.by him and electric lights. Lot extends to still owned: t.ho date of his tax re-| lake shore. One block seuth of |FOR {ractive’afia decidedly ag.| Dewey avenue. A R RENT Furnioned room. 51l Popular fiction. '~ Get your'summer reading now. 18 the conveértibilfty; the 3%9 wholly |- “eye tncubator: Phone -60..:3d426 tax exémp ids ‘being ‘convertible at | it any time:into 4% - partially -taz ex- FOR SALE—Practicuily ~new. gas empt bonds and vice versa. This con- range, $30.00. Can be seen at gRvO! 1120 Beltrami.: Address, Mrs. E. J. vertibility creates a favorable market Lettord, Cnas Lake, Minn 33426 factor, for-the reason:that if at any i e T e IF YOU WANT—To sell or exchiange | FOR RENT—Furnished rooms- for your property, write me. Minne- sota Str. Chippewsa Falls, . John J. Black: ence all suitable for cultivation.| WANTED Man or woman, salary $24| miles from town on state road: Will cost from $15 to $30.per acre | fy)| time 60c an hour spare time,| $60 a year. Address G. care ol to put into cultivation.' Land lays| gelling' guaranteed hosiery to| Pioneer. credits tax” in-Mimesota and simflar ago; a log barn 20x46; a chicken good farm for sale. State cash house 18x24; granary 10x20; price, full particulars. D. F. Bush, ~0- taxes in otheristates: .- store house 10x30.. -Good: water 15 | - Minneapolis, Minn.. 1a426 || sota_Ave,. a_ bargain at $1250; et R ate ST Y. WANTED—Grl, at' Erickson hotel. || heat; 50 ft. lot; garage; part cash: Vie house, Fourth ward, on Sixth St.| WANTED—Bell boy, at Markham . P. LAHR .......... #%% i tory Phone 716-J. 6d51 hotel. 42441 doE u.:::.n Hotel Building Equivalent to | poR SALE—Lot 4, sec. 19; Lots 1, WANTED—First cook, second cook, : dining room girls, graduate nurse, .. Investment miles south of Blackduck; price practical nurse, general maid and ylelding % $35 per acre, $1000 cash or Lib- engineer. Adequate salary With N1% ofNW14, sec 14- 146-33; SE- WANTED—An A 1 auto mechanic, a man who is. willing: to give our customers the best there {s"{n him, poly to County Audl and knows his hlllxlsllnus{ to su I: a i poor farm. Apply to County Audi-| man we are_willing. to pay top of income. In excess o209 earned on tor, Bemidji, Minn. \ 6d51 notch wages. Apply to B. P. Mc- invested capital. :To corporations, sub- : e Mahan, Supt. C. W. Jewette Co. 3 d42 ous {ssues: (mited to $20,0C0) amount- { FoR SALE—Five room cottage, hard| reasonable rates. 314 America ing to threeé.times the amount of the wood floors, - city water, sewer, Ave. 6d62 time' the'3%9 bonds are in great de- FOR SALE—160 acre farm; 30 acres | 5t tne country than all other diseases mand and ko loa premiom the 4% % under high state of culuvi;tlon and | put together, -and for: years it was supe FOR RENT—A garage, at 819 Be- midji Ave. 419tf ‘WANTED e FOR"- RENT—House, bara and.gar- R -den -plot; pasture for .cow; 4% 418t2 imposition of such a tax, from which Bt"tc’:ol‘aisiifl&“?(;{- E’!’:filz- ; :{":‘l};’ R!;d 1d426 Quickl these bonds are exempt. They are| Potatoes do s b g Stomp 4 room frame house, bullt 5 -yrs.| WANTED—To hear from owner of SNAP S! - 5-room house, No. 821 Minne- renting for $156. per mo. pump. . 2% ‘apfles 2 and 3 WANTED—Girl for -goneral “house- || 240 acres, 8 milea from Bemidji, onj Jefferson -Highway;. 20 acres hird:Street: Cafe. - 42540 meadow; some ~ buil i;xgs. Only 760 cash; b yts. on balance at 6 WANTED«—To buy; 3 or 4 room cot- || $10 per acre for quick sale; ter ns. per cent. This is thé making of a tage<OmW one acre lot in Bemidji. fine farm. .. 2d428 gtate lprice a.ndM size of cottage in ;lty s\'igwr, large 8;’;388- N}!lll( 'ng g, - rst letter. rs. Olga Youn or. per mo. cash an comes and to corporations. subject to | Send. for our semi-monthly bulletin| G oo }ueh “ Minn, R.%o.¥ o ibalance at $20 per mo. for.80. 6-room house on Beltrami Ave., onths, without interest. 80 acres; 2% miles southenst 3 WANTED—GIrl, for general house-|| from Bemidj $16 per acre, part Victory bonds as compared with the| p M. Malzahn, lacal representa- Ev:rk. 612, America Ave. Phone || cash; land adjoining listed at $35 3d426 {}. per acre. 7-room ‘house; modern exce 34426 | GEO. H. FRENCH........ Phone 93 "FOR RENT this sale quick we are going to sell way Every book at just one-half the price. . Late copyrighted fictxon books selling at and $1.256— . RENT—Furnished rooms, RENT—Modern furnished Normal . school. Inquire 1204) room. 715 Lake Blvd.-... 2d426 JUST HALF PRICE [t el el ol R S i vantageoys™fenture .Gt the new bonds | iGR SALE—60-egg_capacity. Buck-| - 3ra St. 5430 Over 200 books to select from; selling at BOc and 70c to close out at 30¢ and 38c. Gift and Toast Books, 50¢ for 25c. your.son and daughter to read. Clean and There 18 more Catarih in this section 60c and.75c¢, closing out at just Ya-price. ‘The ever.popular.“Oh, -Skmnay" book, $1.50 for 75¢ bonds - wil tomatically. go to the | fenced; 3 room house, d log | posed to be incurable. Doctors prescribed “Stunt Book”, $2.00 for $1.00.. main road, 4 miles from town; 4% % bonds go to a premium, they will carry the 3% % bonds to the same 4 1 premium, Willits, 218 Bel. Ave.. Phone 41. Altogethier, the.bonds offer such ex- |~ " ""|cine, ceedingly .uttractive features to the [FOR SALE—Good 9 room house; | Co., moderate aeans, to the wealthy. and to corporations that it would seem as though tha“issue for its pyrely com- mercial features should be heavily over-subscribed’ ‘and remain at all per month; including interest. E. J. F, St S RN SO -3 5% e S FOR SALE—Highly improved 10 acre farm, only one mile from new mill; about half under cultivation; basement for house; splendid well; HEALTH INSURANCE ON WAY Many Réasons for Assuming That the i Natlon Is About Ready to Take # Important Step. - It 18 only fair to assume that our country is steadily moving in the di- rection of compulsory sickness or health insurance. The reasons for this assumption are many, but among the most Important are the following: (1) The force of the example of Eng- land and of eight other European coun- tries with whose soclal Insurance laws the people of this country are rapldly becoming familiar; (2) the general fa- vor with which the proposed legisla- tion Is regarded by the extremely ac- tive and Influential body of social workers in the United States; (8) the appointment of no less than eight commissions to investigate health and other forms of social insurance; (4) the support of the movement by numerous public health administrators and experts; (5) the gradual but irre- sistible swing of organized labor from oppositien to support; (6) the present sympathetic attitude of the leading po- litical parties toward the demands of labor; (7) the willingness of labor, of- ficlally expressed through state labor federations, to assume half the cost of the proposed insurance, and (8) the readiness of various state leglislatures to_act upon social reform measures which do not threaten to add to the troubles of the overburdened taxpayer and incldentally to those of the legis- lator. These reasons, declares Modern Hos- pital In an editorial on the subject, are clearly indicative of the fact that the trend of the country’s thought is in the directlon of health insurance, NOTHING SACRED TO YANKS Ancient Edifices, With Their Historic Memories, Have No Power to Oven awe American Soldlers. You can't awe a Yank. You can feast his eye and his mind on history and castles and things that are so old they are sacred. But you can’t awe him, Stephen Doughton writed In Chamberlaln's, .You cap, g3 has been| done, for instance, take him to War| might consider part trade, only wick castle and show him the moat,’ n‘;"&mfin -i :‘1’"“‘8- 218 Bels";i';; the portcullis, Caesar's tower and won- : o ders that date from 900 A. D. Then|FOR SALE—80 acre improved form; when he sees the broad rampart on the 26 acres under -cultivation, log castle wall he thinks what a fine place house, barn and .other buildings! it would beto Qance, and he does. Team, cows, young stock, pigs and machinery and 50 bushels potatoes. Recently # hundréd Yanks on leave Al for $4000. K. 3. Willits, 218 in England made d two<day tour. They Beltrami Ave. Phone 41. - 5d428 played bdseball at the home of the) . . lnte Willam Shakespeare, -Stratford- FOI:.’.S‘:LIFE—BO acre émprovl:g’ a(an:; : ,| abou acres under cul on; ruins of the famous Kenflworth castle. log barn, chicken houss, :"3 5 house, nice sightly home; % mile Just to add a sort of finishing Amerl-| f15i; 1 jttle Bass Lake; only $2500, can totich to the tour they had peanuts E. 'J. Willits, 218 Beltrami Ave. at Warwick—think of it, peanuts at| Phone 41 ) . 5d428 sacred ' Warwlick. — But lest the Yanks be falsely ac-{FOR SALE—156 _acre {mproved Warwlck | ~farm; 60 acres under high state cused of carrying peanuts to Warwic of cultivation; lot of fine timber; let 1t.be noted that Harry Gorden|. g4 jog house, barm, granery, Belfrldge. a former- Chicagoan, 00w 8| chicken house; on fine lake, lots of department store man in London, sent fish; exceptlonal!y low “price of up 50 pounds of the delectable goobers|: $2150. E. J. Willits, 218 Beltrami just to make the boys feel at home Ave. Phone 41. 5d428 while ‘gallivanting about the castle’s m——“——"“———'—‘—k SALE—House, barn and acre moats and ramparts and towers and lot; fine location. $500. E. J. places. Willits, 218 Beltrami Ave. Phone 41, 5d428 N | FOR SALE—Mitchell six auto; in - good running order, for sale very N . cheap. E.J. Willits, 218 Bel. Ave. g ° Phone 41. . bd428 AUCTIO}I:I i SMi:,E—kFl;adt McGoan, H seed barley, buckwheat, corn on hn'l‘rd::?z":m;nu: ‘p’:r ‘P.’.'u.?“ ‘.'.'a: on cob, wheat, cook stove and heater, fn:.h tlt':‘a :d:sgce. l')::l\.ld will be run for wheel barrow, grain, cradle, farm et e. o Ads oharged on our books coat one| utensils, all farm implen;ante. At cent 8 word per issus. No ads run for Peter Larkins, Turtle ver, on less than 35c. sale April 26. Sale starts at 1 o'clock. 6d426 FOR SALE—5 acre lots and other land on easy terms, will take liberty bonds. Mathew Larson, tents, 165x15, 12 oz, doublefill Nymore, Minn. Phone 780-J. duck. Be seen at 418 America Ave. | FOR SALE—One Ford runabout, Price $30 apiece. Nels Loitied.} cheap for cash. Box K., Solway, 12d59 | Minn, 104429 e [ ———— S —————— FOR SALE—White reed baby buggy, | FOR SALE—See the Bemidji Sta- 1012 Minnesota Ave. | tionary store for rubber stamps, fac simile signature stamps, no- FOR SALE y eals. 240 acres jn Beltrami county, Minn., tarial seals and corporation !;‘5:(‘ 4 1-2 miles from railroad town -of ___________.____——| Turtle River. Good road, rural de-| FOR SALE—Lots 9-10-11.12 on Bel- livery, telephone; 10 acres partly trami Ave. For terms write F. A.| cleared; 80 acres easily cleared, Holloway, Cedar mpldn, Ia. 1734 210 acres tillable; 100 acres can Park Ave. 15(!430‘ be put into cultivation at $10 perf —m— acre, and 100 at $15, $20 acres|FOR SALE—Five room cottage, city mixed timber. Sandy clay loam water, sewer, and electric lights. sofl; tlay subsoil. Potatoes, corn, §4-1Mo mag of small means, to the man of modern except heat, 50 foot lot,|remedy, s taken internally ~and acts : . thru the Blood on the Mucous. Surfaces barn; fine location; $500 cash, $35 | (Fr the Blood an the Aoocous e e ;ward is offered for any case that Hall's Willit, 218 Beltrami Ave. Phone Catarr!!\ Medicine Iallsyto cure, Sendfor 1, 2 5d4281 circul d _testimonial . ST CHENEY & CO., Tolado, Oblo 215 THlRD STREET Sold by Druggists, T Hall's Fumuy Pills iur constipation. remedies, and by ‘constantly, failing local same premfum, and conversely it the | barm, chicken house, good well, on to cure with local treatmient, pronouneed Children’s toy bOOkfl at: Yy-price, it 1 . ise: only $2000.00, easy terms. E. J. | ncurable. Catarrh s a lacal diseast .. One table of-solid and shelf-worn: books from 75¢ diti d theref i) titue: Vadhs | liene and, thereior reaures congi || t0 $1,50, to close out at 2Be.. . manufactured by F. J. Cheney & VAR Toledo, Ohlo,-is a constitutional High War Prices Are With Us Yet : Wlth fighting ended, the troubles war brought us dxd not stop. f During the war the. telephone companies, like most othel' industries, were hit hard hy high prices for equipment and by the loss of trained employees. Now our former employees are gradually being relea_sed from military service and resuming their old positions. Although the price of telephone equipment is still very high, we are able to thain it more promptly than a few months ago. - Our plant facxhhes, whlch during the war were extended only for urgent needs, are gradually being restored to a normal condition. And telephone service, too, is steadxly improving and get- ting back to our pre-war standard. But the cost of furnishing telephone servxce is much more than it was when the war began. And high prices for equipment and generally high operat- ing expenses are problems we shall no doubt have to meet for several years. NORTHWESTERN TELEPHONE EXCHANGE GO. THE BEMIDJI DAILY PIONEER" ’ SATURDA* EVENING, APRIL 26, 1919 Any farmer who can. afford a gar- den can afford an up-to-date set of cultivating tools—that is, assuming rent, Phone 776-J. 44tf | that he is gardening for results and not to keep up his muscle. > FOR LUMBAGD 'fi'YMusterole. See Hew - BOOKS! We are going to close ou\t our book stock to make room for table space for the fountain trade. To make Boys and Girls books. Just the stories you want Almrcmmbm 0 & Mccread It Relieves below cost $1.50, $1 35 | gntertaming [emm—— e et Defective