The Bismarck Tribune Newspaper, June 7, 1921, Page 8

PAGE EIGHT TUSD AT, JUNE 7, 1 oy The following prices effective June Tth including artis and lighting. ssten, defpoiatable rims, extra rim and carrier, : ue Price Price F. 0. B.. Bismrack. Phone 318 NORRIS TELLS HOW EXPORT “BILL WILL SAVE FARMERS BY SENATOR GEORGE W. NORRIS ‘The. bill which I have introduced is intended to provide'a method by which farm products in ‘America can be sold in foreign markets. ‘We are confronted with a condf- tion here that makes it ‘impossible for farmers to dispose of their prod- ucts for a price that will pay. the actual cost of production.. In Europe there are millions of people suffering for these products, but they do not haye the money. with which to buy. ‘he. bill, in: effect, provides for a middleman between the producer in America and the consumer in Europe. It follows the legislation.:of. Congress in creating the: War Finance Corpora- , tion, under: which the -menufactured products of Americca have been sold in: foreign. markets, ‘and, if. enacted, would do for American. .agriculture what the War Finance; Corporation did for, American: manufacturers. The, corporation would deal only in farm products. It .would,have a eapi- tal of $10,000,000: (double the original suggéstion) sapncriped. by. the: govern- ment of the ited . The sec- retary of agriculture would be, chair- man ‘ofthe corporation and the other four, members would be appointed by the, broeident ‘and, confirmed by the Cooperative Plains: + The compassion would be empower- ed to huy farm products from produc- ers and associations of producers, and it is expected that it would work through the farm organizations and in cooperation with them. It is, authorized .to secure lower freight rates for these farm products and.the Shipping Board is directed to utilize some of its ships that are not in use for the purpose of corey ing the products across the ocean the’ cost ‘of operation. It is. expected.that purchasing opera- tions will be formed {ir the various countries of Europe where they are in need of these prodyste,' Particularly, Poland NORRIS) Poland Czechoslovakia, Belgium and Germany. I have been assured by representa: | tives of foreign nations that there will be no difficulty or delay in organizing cooperative institutions, the obliga- tions of which will in turn be guar- anteed by organizations of banks, and in some instances the guaranty will be further endorsed by the govern- ment udder which the organizations are formed.’ It. is intended that’ the agricultural corporation orgattized: under the: Dill, will sell products‘to such foreign or- ganizations, on time, upon such obli- gations thus guaranteed .as:are in the judgment: of the board of direct- ors ample security. These securities: will be ‘held by the corporation, and.on the, stréngth of them, the corporation will issue: its debenture ‘bonds, ‘at a rate of interest that will enable them to be sold in this country, at ‘par. The money received from the’ ‘aale of these bonds will then ‘be reinvested the same as the original capital stock and the same operation can be re- peated until the amount'of bonds: is- sued. by the corporation is equal to) ten times the capital stock. same extents and .in the same way that ‘the bonds issued by: the War) Fnance Board are no wexempt. In my judgment, the enactment of the bill into law will result in a mar- ket for American farm.products at a profit to the American farmer, ‘The ‘American farmer is entitled to’ an the use of this much federal money |[* because in the operation of the grain'} - t| corporation there was a net profit of 60 or 70 million dollars, all of which has been. paid into the treasury of the United States and evey dollar of which was contr! tuted by. the grain growers. of the cou For full particulars write, telephone or stop at thisofficeof the A.‘G. Albertson, Gen. Ag’t. Pass. Dept. CANADIAN PACIFIC RAILWAY _ 611 Second: Ave., South, Minneapolis, Minn. _ other automo! Touring Car'. Roadster ‘ FORD SALES AND SERVICE BUA Filled. with Gasoline. $617.95. BT1.10 810.55 883.50 a 504. 15 An Announcement by bh The Studebaker Corporation -.0f America _ “Bight mone ago, 0, when, the cna of ma- terial and labor appeared | to have reached their peak, we made substantial reductions: in the prices of Studebaker cars. : These re- ductions were in anticipation of our ability, after the turn of the year, to purchase ma- terials and to fabricate them at lower costs. The expected savings have been realized. With them, other savings have been made, , as a result of the greatly increased volume’ ~ which Studebaker has this year enjoyed. During fe ie five months of 1921, our. volume of bisi ae has exceeded that of any The Studebaker plants are running at ca- pacity. with gill, orders on hand for over 7,000 cars. S.. le manufacturer except Ford. . ; In this quarter we shall produce'21,000 ‘au- tomobiles against 11 000 in the corresporiil- ing period of last year. This is an increase of i appromixately 100 per cent. : No other automobile manufacturer i is mak- ing ‘a comparable showing. We believe that the confidence of thé ite ing public, which has made and is making : this record possible, will continue, because, it is supported by the quality and: value of | “our products, and these we shall uphold. We expect that as a consequence the | pres- ent. _ecgnomical and efficient, brodactine basis can be maintained and that we are justi- * fied:.in. making: further reductions: in” the prices of Studebaker cars. ' ' NEWERICES OF STUDEBAKER CARS - \ FOB. Factories on ans June. Ist, 1921- Touring Cars and Roadsters LIGHT-SIX 2-Pass, Roadster LIGHT-:SIX, Touring Car , SPECIAL-SIX 2-Pass. Roadster SPECIAL-SIX Touring Car. SPECIAL-SIX 4-Pass. "Roadster BIG-SIX Touring Car iia h Coupes and Sedans oe 2-Pass. Coupe-Roadster . .$1695 LIGHT-SIX, 5-Pass. Sedan SPECIAL-SIX. 4-Pass. Coupe _ SPECIAL-SIX 5-Pass., Sedan " BIG-SIX 4-Pass, Coupe. : BIG-SIX 7-Pass. Sedan ALL STUDEBAKER CARS ARE EQUIPPED WITH CORD TIRES _ THIS IS A STUDEBAKER YEAR — The Studebaker Corporation of America — e Detroit, Mich. “South co Ind. Walkerville, Canada - BISMARCK MOTOR co. C. BERTSCH, Manoxer