The Bismarck Tribune Newspaper, February 8, 1935, Page 3

Legislation Needed for Bank’s Loan Difficulties Dieh! Finds Land Department of Bank of N. D. Confronted by Problems of Collections, Operating Costs ant, declared Friday, 1907-06 and returned to Fort Dauphin for his second term. On his second furlough in 1915 he returned by way of the Holy Land and spent three weeks in Port Said during the heavi- est fighting in the Dardanelles. He returned to Madagascar for his third term in 1917 and in 1918 became man- ager of the station in Ambovombe Additional oclety THE BISMARCK TRIBUNE, FRIDAY, FEBRUARY 8, 1935 of the World Go By,” and Allan Ban- ik, who played several guitar num- Ts. Over 100 attended the gathering, the guests including several legislators and their wives. Mrs. Carl J. Olmanson headed the committee serving refresh- ments, ek k Miss Hewitt Outlines Selma Jacobson, Mrs F. 8. Lunde and Mrs. M. G. Josund. xk ® Card Party Feb. 20 Scheduled by Lodge One hundred couples enjoyed the dancing party which the Sons and Datghters of Norway gave at the An- social events will ‘be continued with bers in charge were Mrs. John O. Lyngstad, Mrs. Fred Jansonius, Miss Mabel Isabel Campbell, Mrs. C. M. Overgaard and Mrs. H. T. Perry. * * * Miss Marguerite Lauder of Mis- | soula, Mont., left Friday for Chicago where she is to spend a month as the guest of a sister after visiting for a week with Mr. and Mrs. Bert Bjorn- son, 615 Seventh St. Miss Lauder at the home of Mr. and Mrs. Charles for 20 minutes or until the crumbs are brown. Save the centers of the onions to juse in a cream sauce the following day. | A carved stone slab weighing more than a@ ton, believed to be one of the world’s earliest printing machines and jestimated to be more than 2000 years old, has been brought to England and of the school f * + cient Order of United Workmen hall =, and Heavy Indebtedness pe OR lor evan: : , Educational Methods Weanesday evening folowing the ree wed oe ago. eae from Cries s Rev. Torvik again returned to the|Six Tables in Play Miss “rat lular lodge meeting. People here for| she is returning to Missoula. Alden Hewitt, supervising ithe legislative session were invited as Difficulties besetting the farm loan department of the Bank of North | United States in 1925. From 1027 to . teacher ian Th s+ Y * Dakota can be solved only by legislative action, Lester Dieht, state account- | 1994 he served as manager of the ste-} At Bridge Luncheon service, isa a peseran couieren aro special guests. The series of winter! Aq guest wednesday and Thursday Radio Star Diehl made his assertions in an audit report of the ent agement of which he said has been administered ive the first consideration being to safeguard resources of the bank as sistently as possible.” During his present furlough he- is living at Moorhead, Minn., where four children of the family are attending either the Moorhead high school or Mrs. John R. Fleck and Mrs. Philip R. Webb were joint hostesses at & 1:30 o'clock bridge luncheon for. 25 guests given Thursday afternoon at’ the general topic, “The New Educa- tion,” for the Liberal Arts club dinner meeting held Thursday evening. The Program followed a 7 o'clock dinner a card party on Wednesday, Feb. 20, it is announced. Mrs. Selma Jacobson, chairman, Olaf Amundson and Mrs. Carl J. Sundland served on the Liessman, 615 Seventh St., was Miss Margaret PreFountain, Streeter, who stopped here while en route to Un- derwood where she is to visit for two ie hich Mrs, V. J. LaRose gave for the |social committee for the function. While the loan department presents Concordia college. Mrs. Kenneth Nor-lthe home of Mrs. Webb, 618 Fifth &t.| % weeks, haany Problems because of increased |taxation or otherwise to make good |e: Flasher, is » daughter of Rev. and| yellow jonquils centering the indi- Hewitt outined, TAETLWS enietion bed Joads, the banking department has|the principal loss to the real estate| Mim Torvik. Vidual tables introduced @ spring note! methods in various fields, including |Program Given for ; * (qj been managed to “keep a sufficient |hond payment fund and there is little 6 missionary is writing & book lin the decorative theme. music, and then opened the subject ; Today’s Recipe | Portion of the funds of the bank in question but what te loss to be tak-|f0r “Aly devotions in the Malagasy |"'rn tne card games, Mrs, J. ©, Pel-| musi, and then ope Presbyterian Women|, nu cash and liquid assets to meet the de-/en eventually would be larger if these during ‘his preeea a tler held high score and Mrs, Ber- ** ® qmands of the depositors.” farms had not been refinanced, nard Andrus received second high A program of music and readings Stuffed Onions > tay: ‘Three problems were listed by Dieht | “Advances made by the farm loan ; honors. Out-of-town guests includ-| Legislators’ Wives added interest to the First Presby-| Four large mild onions, 1 cup fine- which he sald must have legislative (department have been collected, The| Offers Instruction ed Mrs, D. O. Thomson of Minneapo- Ladies’ Aid Guests |*er!#n Ladies’ Aid meeting held Thurs-|1y chopped meat, 2 tablespoons minced aid for solution. They were: Loan |farms owned by the state have gone In P) Painti: lis, who is the house guest of Mrs. J. day at the church parlors with Circle hi collections, cost of operation in rela- |back on the tax lists. A total of $834, laque Pain INGA. Fleck, and Mrs. M. J. Ratelaff and ; 3 as the hostess group. Women of the|™UshTooms (optional), 1 tablespoon tion to income for operation and in-!788 collected as interest out of re- — Mrs. H. Claude Funden, both of Man-| Several legislators’ wives were ‘church not affiliated with the organi. | minced parsley, 1 egg, +4 teaspoon salt, Gebtedness of the department to the|financing, aided through| Instruction in the art of plaque |dan. among the guests when the Trinity |zation and legislators’ wives were in-|% teaspoon pepper, 1 tablespoon but- Bank of North Dakota. not forcing @ greater tax levy to meet |painting is being made available to| Mrs. Webb also entertained at two|Lutheran Ladies’ Aid held a meeting | vited as special guests. ter, % cup coarse stale bread crumbs. On the basis of facts disclosed by|bond interest,” Diehl said. Bismarck residents by Mrs. Dorothy [evening card parties recently, inviting /and program which were followed by| Phyllis Wahl, who played “South| Spanish onions are preferred but any his audit, Diehl explained: ——_——_—__—__ Degg, who is opening a studio at her |guests for three tables each time./® supper Thursday afternoon at the|wind” and “The Wood Thrush,” was|large onion can be used. Peel and Collections of interest and " home immediately. Miss Madge King received high and|church parlors. For the program, I./introduced by Miss Belle Mehus, her|cook in boiling water until tender, Principal on farm loans amount to To introduce her project, Mrs. Degg | Miss Mae Maassen received consola-|A. Esko sang two solos, Mrs. Anton instructor. Miss Esther Howe then letting the water cook away. It will “very little.” is giving an exhibit of her work jtion award at the first party, while|E. Hedahl talked on “The Life of |read “Popping Corn” and “The Young-| take about an hour. Drain and take s Total administration fees re- this week-end in the Webb Brothers|Mrs. James W. Guthrie and Miss|Esther” and Mrs. Carl Lewis con-|est in the Family.” Miss Marjoric|out the center of the onion without Aradiostarcannot cancel her work be- ceived by the department “will not Furniture company display windows. |Luella Luchsinger won score prizes|tributed piano solos. Red, white and Hawley, accompanied by Miss Cynthia| disturbing the outside layers. Mix cause of a headache. Nor need you. Rely begin to cover the cost” of hand- j Among the types of art work which |at the second, Mrs. Guthrie holding} pink carnations were the floral note) Dursema, entertained with a “Musical ;meat, mushrooms, salt and pepper. on Bromo -Seltzer. It not only relieves ling collections, she will show are plaques, satin|high and Miss Luchsinger low. in a Valentine's day decorative theme! Romance,” telling the story and sing- |Add egg without beating and mix very headaches promptly, but also eases ner- Little hope exists that the de- painting, mirror painting, silhouette x ky used in the table decorations. Mrs. Yous tension. Bromo-Seltzer has other A total of $834,758.20 in interest was collected through federal refi- nancing of loans—“a large part of Madagascar, will be the guest speak- ler when the annual foreign mission- ary festival of the Trinity Lutheran church is held Sunday, to Rev. Opie 8. Rindahl, pastor. For his sermon at the morning worship, Rev. Torvik will speak on members, During a recent visit to Chicago she gathered many new ideas. vertisement appearing in this news- Paper. 500 | ness session when Women’s Nonparti- san Club No. 1 met Thursday evening at the World War Memorial building ing appropriate songs. dining room. The club, assisted by its auxiliary, will be hostess group for the convention. Following group singing led by C. G. KALSOMINE ag FLAT WALL thoroughly. Fill onions with mixture. SAVE 50% on a Partment will be able to repay pictures, silhouette and pastel com- i A. M. Olstad was chairman of the) Mrs. George A. Welch presided at|Melt butter and add bread crumbs.| Setefits. too, thanks to its 5 medicinal “except in part” a $1,191,190 loan |Has Secured Madagascar Mis-|Dinstions and pastel pictures. There Nonpartisan Women committee which also included Mra,|the tea table which was appointed in| Mix well and cover the fillings in the | étevients. It contains no narcotics, y from the Bank of North Dakota. also will be an example of a new Make Meeting Plans|s. 8. revold, Mrs. 0. 0. Lee, Mrs, green and white. Committee mem-jonions. Bake in a moderate oven a More than $500,000 in taxes sionary for Annual Mis- Lied Lal window tata which << must be for the real estate . Dee originated. Entertainment plans for the bien- Saad Wives tase: oe oe sionary Observancé Mrs, Degg has studied plaque paint- | nial State Federation of Nouparvisea Possession of land it owns, sensei, ing for three years with Mrs. May O.| women’s clubs convention here Feb- Principal loss to the estate Rev. G. T. Torvik, missionary from | Foster. instructor for the Spokane, |ruary 12-14 occupied most of the busl- EMERGENCY ‘Coletadhe aids Y® "| See is evening addres ne'nes Bll Would Facilitate — |severa monvert of tne cs toast Net Deficit of $182,991 chosen “Bringing the Gospel to the | Sale of F: Prod tors brought to the city by the legisla- SPECIAL! FINISH BRAKE JOB CHAINS Although income exceeded expense |Tandroy Tribe.” ‘The offering to be e of Farm UCE | tive session. in the department by $145,664 from August 31, 1933, to October 31, 1934, & net deficit of $182,991 still remains, Diehl said. A large proportion of the income, Diehl explained, represented handling charges of refinanced loans, and “will not be available in normal times.” Expense of collection of loans are heavier than when payments are made readily, he explained. “Only 12.2 per cent of all loans are in good standing and 61.6 per cent of all loans have three or more years interest un- paid,” he added. Originally, Diehl said, the one-half per cent fee charged by the depart- ment for making collections on farm loans was thought to be sufficient to operating costs. “No one realized the present situa- tion in regards to farm loans would under direction of I. A. Esko, will sing special anthems. Representative H. C. Williams, Lid- Washington, Feb. 8—(7)—A bill —e spoke on the early history of | designed to facilitate the purchase Richland county. Representative Arlo and sale of farm products through a, Beggs from Turtle Lake, McLean $100,000,000 government tion | county, the youngest person ever corpora Rev. Torvik received his bachelor |has been introduced by Senator Fra-/elected to the state legislature, gave of arts degree from St. Olaf college, Northfield, Minn., in 1698 and was or- tier (Rep., N. D.) The corporation would be empow- his impressions received in serving his first term. Among other visitors called dained to the ministry in 1901. Three |ered to operate elevators and storage | upon were Mrs. Helga Kolstad, Steele, days after his ordination he left for | warehouses, to buy, process and sell|president of the state federation of Madagascar by way of Norway and | farm products, to act as agent in sales | Nonpartisan women; Mrs. D. B. Mc- France, accompanied by his bride of 15 days. Rev. and Mrs. Torvik at the normal schools in Montbilliard and Glay, France, and arrived at Fort Dauphin, Madagascar, in February 1902. of During his first term he served as imanager of the Manafiaty station. He Europe in [ and to make advances for assisting “any person in financing” sales, Tests conducted in Pittsburgh by scientists indicate that the average {healthy person changes his position 38 times in eight hours of sleep and that it is abnormal to sleep without moving. Donald, Grand Forks, and Speaker William M. Crockett, Wales, who gave some amusing impersonations. Musical entertainment consisted of piano solos by Mrs. Paul Kurtz, who Played “Flight of the Bumble Bee” and “Oh, Gladys;” vocal solos by Miss Hazel Devore, who sang “In the Gar- den of Tomorrow” and “Let the Rest 100,000 pounds on sale, when interior spring painting is start- ing... 2 colors only, buff and crea While our stock lasts. Per package regular fin e ible to offe: tremely low price because we made wu Gamble's We —by installing these already aa and rebuilt shoes your- self. For Ford B, V8, PerShoe 3.1¢ Chev. 30, 32, Per Shoo aac Twin Type Pull Out For 4.40 to 4.95, 3)" to 414", each 35° Per Pair.65¢ For 5.00 to 5.77, ea..39¢ Per Pair.75¢ maintain the department and = spent a year on furlough in We'll pay you spot cash for your old tires even if you don’t buy new tires from us. We don’t care whether your tires are almost new, fair-to-middlin’ or cripples. Their mileage doesn’t matter. We 3 NEED a Niagara flood of them. Wouldn’t you rather have big, full-bodied 6 ply tires with their far greater safety, stamina and exist. Coste of Operating Grow “The costs of operating the farm Joan department have been increas- ing apace with acquisition of farms through foreclosure and deed, and ill necessarily increase in the future \ unless conditions change drastically. ’ “On October 31, 1933, there were principal batances in open loans of $18,645,594 and $7,025,657 in land own- ed, disclosing the fact that 27.37 per cent of the money hed ro re mortgages at this time estate bond payment funti is tied up tinctive rounded top . autifully grain tions, pees airplane and amateur br teow as pn Ie broadcasts. Its formance isfy your ev. Sesire. Complete cash jes ae ory $4250 Coronado Console, Foreign reception, ere seein eee —— Battery Operated Mantel Radio 4 . your present tires to Gamble CA. . Hi inet 64 except ¥ gh federal Te nance. Stores. You'll be ples ty aoe: R.C.A. licensed. \d-rubbed cabinet. 5-tube Hp cacy lors pales oper prised to learn how little it costs he money invested in real estate 4 oad nae aves in lands owned, to have new 6 ply tires on your car. which shows that the trend is toward @ larger percentage of investment in lands owned as time goes on under Need for Remedy Obvious Radiators. i. lor “If all I borrowers were to pay alt of tte Interest each year, tow, ot Inner Tubes . . . eer FOR ALL Gist leasions™ BP Piston Rings. . i 10° to 2 cost Fp F the 2200 farms now Gearanteed 18 athe a ear Head Gaskets . stiditr. 2% to 39¢ of ing service 5 ays price, owned by the fund. It is obvious that FREE Trial. Exch. Poets 5 Fan Belts 13¢ to 7% some remedy is needed to provide ; each 0 an Sjcdeia wei <) ' funds for lee eee oe iene farm eee $595 “Ligaen Radi Pets 5S to 15¢ Joan department.” Each, Bxck- adiator Hose... uessn 5¢ to Of the $1,191,190 borrowed from the bank by the department to be used in payment of taxes, insurance, fore- closure costs, improvements and cost of operation, “there appears to be little hope the farm loan department can repay this loan, except in part, and that over @ period of years,” Diehl! said. Brake Lining . . Fm 12¢ to 36¢ 40 Five Lb. Boxes FREE SOAP CHIPS 200 Ibs. —a s suppl of 2 lutely —E of this Nearly $2,500,000 for taxes, interest on Big 10 Inch Pliers . . . . 4% Socket Wrench Set 2 . . 3% Hub Caps . . . . 10 to 39% Connecting Rods . . 4% to 7% Valves . « « « « 10 to 25¢ Mufflers . . . ‘18 to 12.78 Spindle Bolt Sets . 75¢ to 1.19 CLOSE OUT PRICES ON CAR HEATERS DURING FEBRUARY It will to buy a heater now eae seer at these close-out sale prices. soap chips, al with the se Model D Blackstone or the Blackstone Power Washer. Blackstone is the pioneer of the Wash Machine Model D with 200 Ibs. Soap Chips, Cash Price , COTY SALUTE TO YOUTH! S&C Hot Water Heater, New- $595 Phone ala Wave Nook. 104% Third St. THIS IS THE Special Price for a Limited Time Onty To all young and lovely ladies... to sub-debs Coty is still Coty...the one powder that women everywhere have come to accept as the very symbol of purity ... quality...desirability; the powder that more women use than any other est Model. 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