Bemidji Daily Pioneer Newspaper, September 22, 1922, Page 6

PUBLISHED DAILY:EXCEPT SUNDAY BY TH BEMIDJI PIONEER PUBLISHING :COMPANY or. but, nof fnl"'~ THE WEEKLY PIONEER—Twelve every Thursday lnd senl postage ™ ’or. in advance 52 TTHE Fm!k's DOLLAR “The reductlon of the purchasing power { of the:-farmer sifice the fall of 1920.is now - génerally recognized -as ‘one of ‘the -chiéf disturbing factor¥.ih geheral business. The restoration of this. rightfully considered ©one of otr okt Pressing problems, -since the farmer con- stitutes aboiit one<third of the. purchasmg public. : With good -average cropa, #such a8 R rres 1921¢in. exchmgwe vfiluey ‘This year hias increased -about sixteen g cént and it is worth about sevemty-five ¢ents. This low exchange value of -the farmer’s dollar was worth only sixty-three has been‘slow in returning-to normal, In:a'moteworthy address delivered at-the Minnesota ‘state fair beforé the Nuorthiést Tractor Trade association; Congressman Sidney ‘Anderson of ‘Minnesota gave #n in- teresting statement of the ups aind dowiis of ‘the ‘farmer’s dollar. m Anderson; it will ‘e ‘reme , ‘was chairmian of ‘the Joint Congressional Committee which made a -thoreugl’ investigation of lgncultural probléms last year and -this. the purchasing power of the lar, the commiltee selécted 'a8'a -basis.'of ¢omparison for exchange values the year 1913 when-a-normal -price-relationship €x- isted. From Mr. Anderson’s statement quote the following 'interésting Htatistics: “Using the purchasing power of dfarm commodities in terms of all commodities, including farm products, in 1913 as a basis, the farmer’s dollar in ‘1917 whas Woith 1,07 ; in 1918, $1.12;.and in 0. l’ule the prices of farm products during this period were more than 100 per cent ahpve 1913, farmers were only about 10 r cent better off than they were in 1913. ertheless, this margin of 10 per .cent was reflected in greatly increased volume 91 retail sales during this period. In fact, many -farmers‘ were misled into believing that-they were making more money than they actually were | 1 W, and ulcurred greater mdebtednes,s than the aptudl situation justified. | “In’ 1913 the average #: United States; #fter allowi P 16r the farmer’s investmient, was $444, as compared with an average wage for per- soms employed in mines, factories, trans- portation, banking, government, or farm employment of $723. In 1918 ‘the " ¢ received as ‘wnges $1,278, a8 ¢br Wwith $1,094 in the other employmierits re- ferred to. By 1920 the farmer’s income in money had dropped back to $465, while e wages of persons employed in other in- ustries had only slightly decreased. “In terms of the purchasing -power of Miages, the farmer’s average. refim for la- jor, risk and management in 1913 was 4, as compared-with $723forémj § ] byees m;oihepmdustrm. -In 1918-it was $825, with $593 for employees in; m compare . tail merchants, purchasing .power ‘is a ffim b u.h fact, an examination-of the indicate ‘the volume ‘of retail nle: !lumi; ' that -there is .3 véty defifiite ‘rek ‘between the volumie :of -snles ade by ré- goods which chasing power of £t ‘Pro " Commenting ‘on thése statistics, Mr. Kn- derson stated: : “I have not ntioncd«thmfiwesmim- ply because they re 'interesting :an statis-. i tncs, but’ because ‘they Show fhat ‘thewé : fienty of the fatmer ‘and the ms‘pé ‘the merchant Who ‘déals rerchant who Heals rwifh the qmer anid the price of 't ‘Has to buy, thdn the; finér i “The. restorg;on of condif perity in the ipendent upon th Nfler rehtlonihrp betwedn thése resd)ustnenh every éleme t of cost which-is a-factor itr'the ‘final ;price which ‘the‘Consimer Pa; st “bear its Fenson- able firoportlo of defi:: S ;l[ quoted indicate thdt" the farmer dxd ‘not ‘e ing value of his - ‘Plyere can be:no ripid retirmn to r;x'ial businéss until ‘this ‘eéxchihge valu bf’m “Products'is ¢rel - — s THE 'DAIRY SHOW Mr. ‘Barker ‘furthe¥ urgféd ‘that Business ‘men take every fiitéréstiin the ¢oming Na- tionzl ‘Pairy -Show.-and -is strong ‘in favor- ing a plan to organize a group of business men gvxth cars to take as many farmers as Npo bPe to'this great Uity ¢, ‘for dne, will atterid big car lodd of farmeérs With " m, quymg for th% transportation to. and. from the show. This we consider a most commend- dble ‘work -and ‘urge ‘all who possibly ‘eah -t ‘aftsrge with farmiers in {his section to make a trip by auto. We feel certain that - a great mafiy fariiérs Will dvailthemselves of this sglendld opportunity. Mhiis is‘a'Nationul Show, and worth going miles to see. Minnesota is indéed fortunate to have held ‘within its gates at Na- tional Dairy Show two successive, years, ‘and -all ‘farmers wmid thoie interesfed. in dairying will profit grenfly by attendmg t}ns expo; iom. s E BAND BOYS OF OURs Barker figde a complete re- " port of just how the band boys made,a;con- tinuous hit at the big state fair. . “He de- scribed "t mémtbers 5t ‘the Oivie shd Com: .merce -association just how he felt when appearéd before the big grand- stand 106dded With' soie” forty thousand people. - _“Did. you'ever feel the ‘shivers’ go down your spine from the tip of your hair to the tips of your- #cw"' ‘asked 'Earle.. “Well, that’s just' ‘it telt to'sée that bunch -of ‘sevefity-two ‘white:clad lads perform-in Yigh class musical style.” ~Earle almost made the “shivers”.xun, up ‘gifd ‘down:the-spine of hiqagstibl;&mfgre he fimshe hls story. § -1¥920, how ver, . el aidisister, Mrs. ers-and sister of ediate teather, weré guests ut[der; ‘Who s atithe home of Mrs. Anna Carter. M#s. Peter Ciountre und Miss ‘Ettel iitiiig 62 3 visitors at the school “The teachen tell fp) on: were * last W :flflut they -dre y more visit the' ight in ki Fpood for you, the dq Tdde thh the ¢ po oW ° dttending Nigh a1'6% o’clock- dinner Tuesday evening|school in Bemidji. A full evening entertainment con-|’ 801 ‘stuints, them _fo _elimimate Hron dhe- ays&m 'lflven e Fey it & pox!ohs T RO T Two Ways to Redufié ' GILL _BROS H‘A’VE g You can buy a splen_ - did suit herethis fall for less than you expected. - You will get HoYe &émal service for the piice mkaay here than you-can get eWheY-e $30 | Exiil pefiar valaes ¢ ZEX SRRt 1 'mknnfu mts llllIIIlll||lIlllIIllllllIlllllllllllmll“llllllllllllllllliIIIIlIllIIIIlll [ T T T I N