The Bismarck Tribune Newspaper, January 2, 1935, Page 2

PRODUCTION COSTS FOR FARMER IS AIM OF PROPOSED BILL Eicher of lowa to Submit Plan to Congress to Replace Adjustment Program Washington, Jan, 2. — (7) — sa farm cost of production plan will be offered in the coming congress by Representative Eicher (D-Ia.) as aj “permanent” agricultural program to substitute for the adjustment pro- gram now in effect. ‘The Iowan announced he has pre- pared a bill intended to assure the farmer a price on farm products, consumed in the United States, equal to the returns industry receives in ifs operations. He may introduce it CAPITAL Commercial COLLEGE 31415 Main Ave. Phone 121 Bismarck, North Dakota Do you want a per- manent position and asalary every month in the year? Then, get the training in our evening classes. Tui- tion rates reduced and time for recitation increased. Classes on Monday, Wed- nesday and Friday eve- nings from 7 o’clock to 9:30. Tuition rates for three 4 evenings a week, $8.00 a \}emonth; two evenings a week, $6.00 a month. and evening classes begin’ Wednesday, January 2, 1985, We wish all our students and former students a Happy and Prosperous New Year. | R. E. Jack, Principal Otto Bauer, Evening Class \Thursday or wait until he can confer on the details of the plan with Chair- man Jones of the house agricultural committee. Eicher said he is not satisfied with the attitude taken recently by Secre- tary Wallace that if the majority of farmers want compulsory crop con- trol they can have it. He feels it overlooks the general public's con- sumer viewpoint and the necessity of preserving foreign markets. The cost of production program he will sponsor, Eicher said, will assure maintenance of an adequate reserve supply of feed and foodstuffs to meet drouth needs, preserve foreign mar- | kets and prevent domestic prices be- g dragged down to world levels when world prices are low. Under Eicher's plan, tural department would determine a fair domestic cost of production price jeach year, based on a farmer's capi- tal investment, a fair wage for his management and labor on a ba: jcommensurate with like services in industry, a four per cent return, | transportation costs determined on a |zone basis, and depreciation, Under the plan, if the cost of pro- duction of corn was determined to be $1 @ bushel and the domestic con- sumption sufficient to take up 80 per cent of the crop, the farmer mar- keting 1,000 bushels would be paid ; $800 for 800 bushels, the domestic share. He would be given a receipt for the world market share, based on the current world market price. Eicher proposed to have the re- ceipt negotiable and eligible to be used as collateral for loans, up to 90 per cent of its face value. If the markets outside this country brought better prices than the world price at the time of receipt, the farmer would obtain the additional amount. WORLD CONDITIONS national Conditions Dis- cussed by C. L. Young A bird's eye view of economic, po- litical and international high-lights throughout the world in 1934 was presented by C. L. Young, local at- torney, at the regular noon luncheon of the Rotary club Wednesday. ain was showing real signs of recov- ery; France, Italy and Germany were in worse economic condition; and the United States was in a doubtful stage of recovery mainly through the bene- ficiaries of a lavish federal govern- ment. There are still between eight and ten million unemployed in the United States and most of the busi- ness upturn can be traced directly to relief or reconstruction projects, he said. The trend to dictatorships which spread from Italy to Germany and has been felt to a lesser degree in even the United States and Great Britain was the most potent political force during the year, Young said. Curtailment of free speech, free press rise of intense nationalism were among the chief characteristics of the dictatorships. Marked by international unrest and a constant fear of war, the year was a turbulent one from the inter- national aspect, Young said. He went on to point out the many interna- tional crises that arose and discussed their settlement. Young was introduced by Fred Copelin, program chairman. Guests of the club were J. E. Pyle, Fargo; R. K. LeBarron of St. Paul and 8. O. LeBarron, Emerson Logee, Sidney J. Hoffman and Lorin E. Duemeland, all of Bismarck, Thirty nations ratified the Argen- tine anti-war pact, to the boom of cannon in the Gran Chaco and the beat of machines in the munitions factories, Tam going on, and build and build, just as fast as I can get the money —or borrow the money.—Charles M. Schwab. Closing- Out Sale PRICES SLASHED These Bargains TO JAN. 15 ONLY! Regularly $1.49 Regularly $1 39c Regularly Se Mi. L. Silk Baby 3-Piece Baby Suit, ONLY ....... ree Regularly Ladies’ Sweaters, ONLY 98c t0 $1.49 Gay Colors—Latest Styles Toy Machine Gun, 39 c ONLY ...... ONLY s...sss.s.-... LOC Regularly 15c $1.69 $3.98 Genuine Leather Pocketbook, ONLY. Regularly AZAR Door West of First Nations! Bank the agricul-| REVIEWED AT CLUB, Economic, Political and Inter-| Young said that while Great Brit-| and the right to organize and the} THE BISMARCK TRIBUNE. WEDNESDAY, JANUARY 2, 1985 i What's enough chairs for the group? from you? Big Increase Shown In N. D. Auto Sales Sales of both new cars and new jtrucks during 1934 showed a sizeable increase over those for 1933, figures jannounced by Commercial Service, Inc., revealed Wednesday. A total of 7,667 new passenger cars were sold in 1934 as compared with 5,241 sold in 1933 while 2,198 new commercial vehicles were sold as com- pared with 1,125 in 1933, During December, 151 new passen- ger cars were sold, compared with 105 during the same month in 1933; |52 commercial vehicles were sold as compared with 20 the year previous, FERA Will Vacate Legislators’ Rooms FERA administrative headquarters jand & portion of engineering and other |departments faced moving day Wed- nesday, as legislators made demand for committee rooms now being occu- Pled by the workers, Nelson Sauvain, chairman of the jboard of administration, said he had been asked for the committee room space in the legislative wing. Plans are being made, he said, to provide space for the FERA on the eighteenth floor of the capitol and in the Mem- orial building adjacent to the state- house. For the past few months, FERA has occupied the legislative wing, with E. A. Willson, state administrator and his assistants, in the lieutenant gov- ernor's quarters. Willson said he believed the eight- eenth floor and quarters in the Mem- What electrical fixtures are shown? Wrong trousers. orial building would be inadequate for the force which must move. The relief organization now occu- ples the 15th; 16th and 17th floors of the capitol. The 18th floor heretofore has been set aside as a “platform room” from which sightseers could view the surrounding countryside. FERA Director Makes Changes in Personnel Several changes have been made in the personnel of the FERA county of- fices according to Pearl Salsberry, state director of field work and wom- en’s activities. Ralph Kvamme of McClusky, who reported back from the state university recently, will go to La Moure county as administrator; C. A. Narum of Fargo, formerly Bow- man county administrator has report-. With This © Lino Hundreds of former dry agents taking Civil Service examinations for posts as treasury. department al- cohol tax inspectors blame this picture for their failure to qualify for the new jobs. They charge the Democrats with tricking them out of jobs they won under the Republican regime. five minutes to examine the picture, then asked to answer from memory 25 questions about it, in- cluding the following: Name at least two items indicating the season of the year. over the door? Could the bare-headed man reach his hat from his position in the picture? Are there They were given Is there a transom” How many of the men are standing? Which man is shown farthest The man wearing the soft hat has on (1) a dark suit, (2) no coat. (3) light suit with dark shoes, (4) a light suit with light shoes, (5) a dark coat with light ed to McHenry county as administra- tor and Earl Battien, Sheridan coun- ty worker, will remain at McClusky. paeidentiaheseeenir yet I used to be a reformer—until I reformed.—Edward A. Filene, Boston merchant, Every Communist knows the party will now wipe out with an iron hand the remnants of this gtoup (of Trot- skyists).—Karl Radek, Soviet official. Helping millions to 612 Broadway WANTED BEEF CATTLE AND BUTCHER HOGS (Live or Dressed) ALSO POULTRY Farmers’ Cut Rate N Meat Market Phone 216 Statement of The Bank of North Dakota Bismarck, North Dakota December 31, 1934 RESOURCE U.S. Treasury Notes (Par Value) ... $11,884,000.00 U.S. Treasury Bonds (Par Value) . + 1,201,550.00 Federal Farm Mortgage Corporation and Home Owners Loan Corporation bonds (Par BA scceee — 696,875.00 Cash & Due From Reserve Banks & Trust Companies 5,698,285.82 $19,480,210.32 State of North Dakota Bonds— Real Estate Series (Par Value) .... State of North Dakota Bonds—Mill & Certificates of Indebtedness, School, County, State and Municipal Bonds 3,219,745.82 Warrants ......... 129,058.68 Real Estate Loans Assigned to State Treasurer 850.11 Bills Receivable: Loans to Operating Banks ........... Loans to Operating Banks Now Closed. Loans to Collection Department. Loans to State Institutions Other Collateral Loans .. Homebuilders Contracts ....». 1,424,092.70 Furniture and Fixtures . 20,000.00 Bank Building ... 80,000.00 Real Estate Sold on Other Real Estate ......4. 86,487.74 $29,103,897.34 Total . 1,500.00 levator Series - “1198747 4,718,457.47 Undivided Profits . Reserves for Government Mortgage Corporati lon Bonds .....0+cccccocscxmus Deposits Certificates of Deposit, Public Funds .. $11,058,018.78 Certificates of Deposit, Private Funds . 688." Cashier’s Checks ... ws —-500,445.07 $ 2,000,000.00 567,240.69 9,610.80 2,305,50649 26,527,045.85 wecsuns + $29,108 807.84 R. M. Stangler Manager Did you ever notice . .in a roomful of people. . the difference between one cigarette and another . . and wonder why Chesterfields have such a pleasing aroma Many things have to do with the aroma of a cigarette... the kind of tobaccos they are made of... the way the to- baccos are blended... the quality of the cigarette paper. T takes good things to make good things. Someone said that to get the right aroma in a cigarette, you must have the right quantity of Turkish tobacco—and that’s tight. But it is also true that you get a pleasing aroma from the home- grown tobaccos . . . tobaccos filled with Southern Sunshine, sweet and ripe. When these tobaccos are all blended and cross-blended the Chesterfield way, balanced one against the other, you get « favor and fragrance thats other acct necklace. Mr. and and siste: Knief wa crepe froc Mr. an after the crip to Mi fand will | it Brock store, ga \igSrockton Mrs. 8 Bismarck about se’ ashier a and Sulli some tim home in The brid 8t. Char! 100 G By Nearly ernor Ol sonnel of and Bisn ed by C rell at t reception ll tolo The Ne comman¢ which th style. M Patrick | Poland p ing room George F ‘Moscatel and Mis eral fron home fo guests a mas tea Americat _-Women, from 3 t Miss Chi were re dent, Mi er, Miss trice Re tors’ M angeme Advi Ord Eight Eastern member: visory be bow wh of the E ning at The b duties i ©. Brain M. Berg B.K. 8) W. B. | Prank G Mrs. the join and Ma tee that seascn | Jan. 11, and thei spaced ¢ planned ‘Old 4