The Bismarck Tribune Newspaper, October 1, 1921, Page 8

rg PAGE EIGHT THE BISMARCK TRIBUNE SATURDAY, OCTOBER 1, 1921 FIN ANCE BOAR D TEACHES IN CHINA | ASKS TEAMWORK, SAYS GRANGAARD North Dakota Man, Secretary : of Finance Board, Explains . Plan of Operation GETS MANY INQUIRIES —__— Immediately After Establish-' "ment There was Flow of & Inquiries \ Minneapolis, Minn., Oct. 1. —| Functioning but a few days, the head- | quarters office in this city of the War Finance Corporation agency which will give financial relief to farmers and bankers of the Northwest, has | been besieged with a number of in- quiries, which presage a period of activity for the corporation’s agency here. The local headquarters are for the states of Minnesota, North and South Dakota and applications for | loans will be received at the local of- fices, and sent to Washington with yecommendations from the executive committee of the Northwest branch of the corporation, to be. acted upon by the War Finance Corporation. Officers had been established but a few hours when inquiries began pour- ing in, M. O. Grangaard, secretary of the agency’s committee and in charge of the Minneapolis office, declared. In addition to the many personal cal- lers asking about the proposed plan of financial aid, much correspondence | has come in. Mr. Grangaard is the vice president of the First State Bank | ers, N. D. . i of etablt ment of the northwest | offices here for the corporation will not mean that a flow of easy money | will run from the treasury to the af- fected ' districts,” Mr. Grangaard declared. ‘The advancing of money to the banks which in turn will loan it to farmers in direct need will force co-operation between the farmer and the banker, which is absolutely neces- sary and desirous : at the present time.” % Money advanced by the corporation will be primarily for the banks to| help the farmer, who, if forced to sell vall of his’ products today, would suf- fer extreme financial loss,’ the secre- tary said. Under the:Congressional act, the War Finance corporation is authori- zed to make advances to any bank, banker or trust company which may have made advances for agricultural purposes—such as having connection with the growing, harvesting, prepara- - tion for market, and marketing of agricultural products, or the breeding, raising, fattening, and marketing of livestock. ae These financial institutions wishing to make loans to the farmers will make application to the offices here. Notes of the fatmer taken as collater- al by the bank wishing to make the loan, can be used by that bank as collateral. against which the War Finance body will make advances, Mr. Grangaard pointed out. The executive committee, made up of R. E. Macgregor, of the North- ern National Bank, Minneapolis; C. T. Jaffray, of the First National Bank, Minneapolis, and J. L. Mitchell of the Capitol National Bank, St. Paul, will meet every day to pass upon the applications, after which they will be sent to the War Finance Corporation in Washingon with its re- commendations.- It is hoped, Mr. Grangaard said, to act upon applica- | tions within 24 hours after they are feceived. POTATO GROP ABOVE AVERAGE Nearly 8,000,000 Bushels Is Estimate Made ‘Fargo, 'N. D,, Oct. 1—Dig potatoes as rapidly as possible—as soon as they are mature and as soon as they can be gotteh out of the: ground.. W. R. Porter, marketiig specialist, Agricul- turd]. College: makes. the. foregoing suggestion folhowing a survey of po- tato growing arcas of the state made in connection with marketing confer- ences of potato associations. “North Dakota has a potato cnop estimated to be 10 per cent above the average for the United States, and prospects that prices for potatoes will be good this year. The estimate for the United States is 63.7 per cent, and ours 73 per cent, compared to a ten- year average of 76 per cent. Some 20 North Dakota potato associations are affiliated with the Minnesota Potato ‘Exchange this year in the marketing of their crop, so good distribution is anticipated for a part of the state chop at least. The bulk of these local associations of ‘North Dakota are lo- ed in the Northwestern and South- eastern part of the state, and.in the Red River Valley. The September estimate: for the 's ‘crop is 7,891,000 bushels, and erage for the whole country is 322,985,000 bushels, ‘Damaging frosts can be expected at any time now, according to Mr. Por- ter, so fields of tubers that are mature should be dug at once since weather conditions have delayed the. opera- tions. ‘Late varieties such as Green Mountain are probably in greatest r, for in such centers of this is in the Berthold district tops are still green, and will probably be green when fi oceur. To dig these late varietios in an immature condition would also mean a loss, since shipment would he more difficult under such conditions. ASK PRIZE FOR QUEEN i Budapest, Oct. 1—The Hungarian | Union of Relief prganizations has ask- ed that the Nobel peace prize be awarded to Queen Wilhelmina of Hol- _ land, for her efforts to re-establish; peace in Europe. * ‘ ‘hoping to “share in the profits that Miss Eva Melby. of Madifon, has left for Foochow, China, to be- come a member of the faculty of the Anglo-Chinese college there. COOPERATION IN AIDING RUSSIA BEING PLANNED American, England and German Banking Interests Negotiat- Wis., | SS M ing For Contracts \ EXPECT CONTRACT RESPECT, (The Associated Press,)—-American, Engiand and Ger | man banking interests have begun) negotiations looking toward co-oper- ation in the rehabilitaiion of Russia through the financing of industrial en- terprise in the» Soviet republic, ac- cording to information which has reached interested commercial circles here. { The proposed ass nce would not be based upon a recognition of the! Present government of Russia but would be extended “with the convic tion that the Russian government would: respect any contracts which! might be made,” one of the, repre sentatives of a London house, whici:| is promoting the movement, declared. | He added that negotiations were be-| gun only “after it was established that | the Soviet government was no longer; ‘red’ but had swung to the right, and; was: aiming _at something essentially the same aé the goal of other repudo lican nations.” » . The Russian governinent is under- stood to have .been intormed of the! purpose, of the American, English aud) Berlin, Oct. /1. German interests and to: have been told frankly there ws no’ intention | at this time of? making’ Russia a, fourth party to the contract, but only | the object of “a solicitous and profit-| able, movement.” | The Russians ‘are believed to have| taken it for granted that the. interna- | tional bankers were planning: “a| benevolent . exploitation” of | Russia: | which would not only yield them profit; but would held to: stabtlie: the uncer-/ tain eccnomical situation there. Certain Russians here who have dis- Played lively interest in these nego: tiations assert there is a possibility they will succeed regardiess of wheth-| er the present Russian government stands or falls,-although it is admit- ted that at this time tne only result! of. the movement has neen to secure the promise of a number of individual but strong, banking houses in each of the three countries tv support the plan if good evidence is offered that the Soviet government will give the foreign financiers a free hand. Pat Up Large Sums. . ‘A number of foreign banks and narticularly English concerns already have placed large sums at the disposal of the Russians and also have sold them much merchandise, in many in- stances extending credit for as long as five years,” said a ‘ trialist who is interested in numerous Russian movements. , “Other foreign:concerus have flatly | declined to have any commerce with! the Russian Soviet und the actions of these concerns have oeen widely ad- vertised. The fact of the matter is, and many financiers see it that, whether the present hussian govern ment prevails or not, vist fortunes ar waiting in Russia for (he men who ultimately must develop the country’s atent resources, as well as rehabili- tate the present run-down industries.” A Russian refugee here, once wealthy | and a member ofthe old regime, not | daring to return while tne Soviets are | in power, nevertheless has decided to devote his efforts to. promoting plans to “exploit” Russia at long range,| will later make many Rockefellers of | Russia.” “I know Russia and 1 know the Rus- | sians and I understand what kind of a government exists ‘there now,” this | man , declared. “This government,| which has prevailed notwithstanding | prophecies of its downfall every | month for the last four years, will not} be immediately overthrown but grad. ually will give way, as it has bee giving way, to a less radical and a more reasonabe regime. ’ “The new government will represent the different classes of Russia an through its agency,there will eventua! ly arise the United States of Russia— a United States richer in natural re- sources than the United States of America.” This new state, deprived of} ready money by war and revolution, | will welcome the advent of foreign capital and foreign experts and 1 aw convinced they will reay profits as they | sow investments.’ i Prediet Success, Ne expressed the belief that the resent negotiations, which he said ne/ ‘stood were proceeding “se- | large measure sic-| though: response’ from America | had not indicated the proposal was be i KEYES’ EARNINGS EXCEED HUSBAND’S PAY AS SENATOR MRS. FRANCES PARKINSON K By N.'E. A. Service. North Haveraill, N. H., Sept. 30.— To be the wife of a United States senator would .satisfy most women's ambition. To: mother. three lively boys would keep most women occupied. But this is only part of it with Frances Parkinson Keyes, whose rev- enues fnom her writings exceed the salary of her husband as senator from New Hampshire. Mrs. Keyes is putting a new novel, {“The Care2r of David Nobel,” on the market in, October. Also she is vice president of the League of American Penwomen and business manager of their magazine, “The Penwoman,” vice president the Children of the American Revolu- tion, adyiser on the ‘National Council W°C. A.; state chairman pshire of the’ Woman’s ing considered there as iuvorably as in England and Germany. The Germans are particularly anxious to co-oper- ate with the English the Ameri- cans, he explained, for even individual commercial —allianc represent to them “another link a. friéndship which may. later result in a new Ger- many, able again to take; her place among the great financial powers of the world)” ALLEN RITES AT SON’S HOME) Funeral services for George D. Allen, who died in. Bismarck .a few weeks after coming here from Sibley, Ta., to make his home, were held yes- terday from the home of E. J. Gobel, his foster-son, 423 Fourth. street. Rev. L. R. Johnson, pastor of the First Baptist, church, officiated. A quartet sang. Many beautiful floral offerings draped the casket. Intérment was in St. Mary’s ceme- tery. The pallbearers were Grant Marsh, Charles Anderson, Herman Stroelke, Fred Ode, 0. E. Gilmore and STOP! Using Tobacco and: Snuff. -GoldSeal No. 10- Kills the desire for tobacco, snuff and cigarettes. A guaranteed harmless veget- able. treatment. Sworn. affidavit and testimonials ~from grateful men who have .been cured. ‘Our FREE book tells why you should not use tobacco or snuff. Write today. Or we will send C. O. D. and .you pay the postman. $2.75. ‘Tell your friends. INLAND CHEMICAL CO. Dept. D. Bismarck, N. D. ot |! |ning But fo/e@ybaust the list would mere- ly. exhaust-the reader, It. wagthe ‘triple dutics of writing, and ‘rearing her ‘boys, and carrying gut her ‘social obligations as the wifo of the governor of New Hampshire— for it wag from the governorship that the senator stepped to bis seat in the senate—that prepared Mrs. Keyes for her many-present duties. “TJ made more-than a thousand calls in the ‘capital last year,” she says— and this is the more remarkable when it is noted that the Keyes do not keep a car. ®riends speak of her as “the woman: who always has time’—for no mat> ter Ew many or pressing the de- mands on her, she always seems to find the precious minites for any duty. ONO OOO E. A. Shipp, three. representing the Odd Fellows and three the Yeomen. The .roots of a young oak tree have been known to lift a bl REX: : 20 and 35c Do. childhood’s memories sing in your brain? ‘Does the romance of youth still ;throb in -your veins? Does the spirit of adven- ture lure you along on the wings of. fancy THEN ALLAN DWAN’S ‘A BROKEN DOLL’ Also Ruth Rowland in THE AVENGING ARROW VAUDEVILLE MONDAY YOU BE THE JUDGE || HOUR. Drive into our ‘centrally located, warm, fire proof Building, any- time of the day or night, for any kind of automobile service, and decide for yourself whether you have ever received more prompt, courteous, efficient attention at a more reasonable charge. : WE HAVE EFFECTED ECONOMIES THAT MAKE POSSIBLE A NEW LOW WINTER STORAGE RATE — AND OUR CHARGE FOR REAL EXPERT MECHANICAL WORK IS ONLY $1.00 PER Lahr LIVESTOCK TOUR TO FLASHER TO ATTRACT MANY Carson, N. D., Oct. 1—-A tour to the Flasher dairy circuit, in which farm: ers of Grant and Morton counties will join, will be taken Wednesday, Oct. 5. Many who were unable to make the New Salem tour will go on. this tour. ‘The tour starts at the Peter Cander- berg farm at 10 o’clocie WeGnesday auc trom there the ‘tourists will visit the Cottner and L. A. | ilavens ‘farms, reaching Flasher in timc for lunch. GREAT HOST OF | SCRIBES ATTEND LEGION MEETING Kansas City, Moi Gét?-t. commodations for — correspondents representing the biggest newspapers, magazines and news - distributing agencies in the country will be pro- vided during the convention of the American Legion here October 31, November 2. The plan devised by the | convention executive committee calls for a press-box the entire length of the stage, with a nassage leading under the speaker’s stand to. a press- room where typewriters will be pro- vided, together with ‘multigraph ma- chines ana operators at specially in- stalled telegraph keys. | Newspaper men, provided with cards that vouch for their creditials may go freely. back and forth from the. press “box ‘to the press room. Stenographic reports of the conven- tion preceedings will be transcribed in “takes” which will be turned over to the American Legion News Service desk , where the. copy will be edited paper writer. * The edited copy will be sent, a page at a time, to the multi- graph machine beneath the stage, where it will: be stenciled and multi- graphed, and the copies sent back to the press box, to be distributed’ to the news correspondents. Under ‘the plan an adequate run- story of ithe proceedings will r@ach the press box on an average of ‘twenty minutes -behind | actual happenings on the convention floor, according to’ Chester T. Start, chair- man of publicity. Canadian foreign trade for July, 1921, decreased by, over. 3115,000,000 as com- pared with July. of last year, LONG AUTUMN NIGHTS ORAIN THE BATTERY =). * Long night use and the strain caused by slow starting reduces the battery’s condition to the danger point. Better have us keep a sI eye on it by frequent tests and also give it an outside charge, when needed, in our shop. Electric Service & Tire Co. 215 Main Street down to' what might interest the news- |° SOHN BORTELL ‘Auto Radiator and Sheet Metal Werk BISMARCK. N. D. RADIATORS FOR AUTOS, TRUCKS AND TRACTORS ae re anced out by up to date We are agents for ‘We haxe the oldest shop in the slate. Sead (un your werk. The price will be right, All work guaranteed. CORWIN MOTOR CO. POLAND CHINAS’ FEATURED, , Carson, N. D., Oct. i.—The Grant county fair as predicted, was featured by the Poland China Breeders’ ex- hibits, especially in. the big promo- tion show. This exhipic called for the exhibiticn of four pigs from one litter farrowed since March ;. Forty-four hogs were nominated up to the 1st ot July in this: one class, but;on account of the had weather but thirty-two were able to be exhibited. THIEVES STEAL HOGS. Zap, N. D., Oct. 1— inthis vicinity and Ire1 Muench: r2- ports the loss of two hogs’ fronr his pasture, He offers a reward of $106 When isa Battery Old? _ Some men are young.at eighty —others are old at forty. © It’s about the same way with batteries. Their usefulness depends on the’ care they have had, the amount of work they Have had. to do, how they have been used, and most important of all—on the original quality..of the battery. ‘There are many. good: reasons. back of the decisions of the manufacturers of 173 makes of cars and trucks to use Willard. Threaded Rubber Batteries.* Come..in and: we'll ‘tell you more about them. f Willard. Service : Station 408 Broadway Willard Batteries ves are busy | Motor Sales Co. for their arrest and conviction, and also promises to treat ‘cm rough if any are caught in the a A cemetery for pet animals is main- tained in Paris, ALL KINDS OF TOPS for all kinds of cars.. That’s our slogan. We can fit any kind ;and make of car with the top best fitted for the purpose. Bring your car here and let us fit it for you with the best auto top to be had in this section. Our tops are all guaranteed water, sun and: weather proof. They are durable and service- able under all conditions. Bismarck Furniture & Upholstering Co. 220 Main Street De eee ' GOOD VALUES - IN USED CARS One Ford ‘Touring—Hassler Shock- Absorbers, Demountable Rims, Prac One peas Ode Dg. — Completely overhauled, Ne Goodyear Tires... $685.00 M. B. Gieman Co. Nisuaacn —— = Pron CS ST RESET SOS" Safety and Service THE TWO STRONG PILLARS ON WHICH _ WE ARE BUILDING OUR BUSINESS B MOCLINTOCHK CO MINNEAPOLIS. MINN, ” With our new McClintock Burglar Alarm System which we recently installed, our bank is a safe place to keep your Liberty Bonds and other valuables as well as to do your general banking business. First National Bank, Bismarck, N. D. GET A SAFETY DEPOSIT BOX NOW Safety OPEN ALL NIGHT | First 50c RATE $8.00 MONTHLY