The Nonpartisan Leader Newspaper, November 11, 1915, Page 10

i i it i1 } i R Toe "PAGE TEN T b Varns Following up his recent statement about the enormously excessive inter- est rates charged by some country banks, especially in the South, the compitroller of the c'urérncy, John Skelton Williams, has sent a letter to all national banks in the: country, calling their attention to the laws limiting the rates of interast and re- quiring that every director of every bank shall know of the contents of the letter. ! The revelations made by the comp- troller in his speech to Kentucky bankers a few weeks ago were as- tounding. They showed that some country bankers were engaged in' a sort of pawnbroking bu incss of the worst sgort in their dealings with small borrowers, charging for the use of small sums fof short petriods rates equalling 100 to 200 per cent per an- num. Evidently the comptroller consid- ers that such extortion is a reflec- Here is God’s Buenos Aires is the second Latin city in the world, as everyone knows No one is disposed to deny- that Buenos Aires has the finest newspa- per office in _this or any other world. There can be no question about the magnificence of the opera house or the luxury of the Jockey Club. But when you get right down to the facts in the case, there are somea things that this great, wealthy and magnificent city lacks, or seems to lack. No Babies on Streets In the first place, in all the eight months the writer never saw a baby on thes treets of Buenos Aires, al- though he was moving about pretty actively all the time. Perhaps this might be cited as circumstantial evi- dence that the lucky Buenos Airéans are not called upon to undergo the ordeals of infancy and adolescence, but, instead, are ushered, full grown, into this vale of tears. Another object, familiar enough in the streets of other cities throughout the world, but entirely absent from Buenos Aires, is the beggar Not a singlé beggar was" seen~in "the “eight|™ “Usurious ‘to' make any profit out of money bor- try. A banker who lends morey to Own Country THE NONPARTISAN LEADER Bankers| tion on the national banking system |§& - and he proposes to use the power the || law gives him to stop it. Bankers in most small towns cannot make the business profitable if they | undertake to lend money in small |} sums at the relatively low rates of |&§ interest prevailing in the cities. They | are performing a service to the com- | munity for which they are entitled |jg : to a reasonable compensation, -but i i M AIL BOX even the small country banker should |& | i realize that the success-of his husi- ness- depends on the--pro:perity of his patrons, and they cannot expect |8 It is no longer necessary for you to give up your occu- pation and go to great ex- pense in order.to acquire an -education: in' book-keeping..or. shorthand. ' THE PEOPLE’S COLLEGE _ has developed an improved system for teaching book- keeping. by correspondence. Under this system, every en- try made by the ‘student is checked by the instructor, thereby eliminating the possibility of error. We know of no.other correspondence. course that does this, and a resi- § dent school can do no more. The banker and his patrons must be || We Can Prepare You For Any Bookkeeping Position at Small~ mutually helpful. Bank loans should | Expense In Easy Monthly Payments be made to facilitate trade and indus- Our Elementary Course in Bookkeeping is arranged in 25 easy lessons and covers those principles used in ordinary commercial transactions. Our Complete Course is arranged in 52 weekly lessons and fits you to serve as an expert book- keeper. Every Cooperative Enterprise Needs a Bookkeeper. When you employ a bookkeeper or accountant to keep or audit your books, you are laying bare the inner secrets of your ‘business to somebody. :Make that somebody one of your own members, interested in the' Success “°§# of your enterprise-—not an outsider who may become the tool of these who are deeply interested in the failure of your cooperative movement. Take No Chances. Develop Your Own Bookkeepers. Right in your own ranks there is plenty of talent which, with training” can perform zll the services of bookkeeper and auditor and ‘stenographer. And this training can be had at an expense of an hour’s time and a few cents a day. When you have bookkeepers among your own people then you will know that the business and financial secrets of your movement will not reach a Chamber of Commerce somewhere, whose business interests are opposed to yours. The Correspondence Method of Instruction Is a Success. Do not be deceived by the mere notion that these subjects cannot be successfully taught by correspondence. In fact, they are especially adapted tothe correspondence method. We are getting the finest of resultsevery day. The People’s College is a co-operative enterprise, organized, owned and controlled by the four thousand members of the Pecple’s Collége Union. - It costs Five Dollars tc become a member of this Union, payable $1.00 a year. You ought to be one of us. We also give a thorough training in Arithmetic, Penmanship, Short- hand, Law and English, as well as in Bookkeeping. Write us for partic- ulars of the course you are inter- ested in. THE PEOPLE'S COLLEGE A BUSINESS COLLEGE IN YOUR rwed at usurious rates. f.?ople in distress, and who takes ad- vantage ‘of their importunities to charge excessive rates is not a bank-|[ er, He is a panwbroker.—Xansas | City Star. months. .Statistics chow Argentina: to be the richest nation per capita in B the world. For once statistics are confirmed by personal ob:ervation. No Dogs to Bark at Rleon: Another thing Buenos Aires lacks is dogs. At least our staff man saw | only one dog during his eight months’ stay. One dog to 13 million people! Neither was a drunken man seen | in two-thirds of a year. On the other || hand, the beverage made famous by | our late Secretary of State is un-|# known to Buenos Aires. A vacant |8 stare is the only response to a re- quest for grape juice, though couched in correspondnence school Spanish of the purest water. Color Line Drawn, Too Argentina appears to be a “white man’s country.” At least the man referred to saw but one negro dur- | ing his stay. Indeed, in view of what |§ has been ‘said, we feel justified in going even further and proclaiming Argentina, in the vernacular of our |% Fort SCOfl_', Kansas. own exuberant West, “God’s coun- J.1. SHEPPARD, President try.” ARTHUR LESUEUR, Vice Pres. Pat This In Your Mail Box The People’s College, Fort Scott, Kansas. Please send me full information con- | erning your courses in bookkeep- | " P& Lender Aghts for the farmers. OUR READ THIS AL"'L‘ mYOUNG PEOPLE Presents. for All: That Will Wnte ‘Answers toOur Problems. - ~wife and three children: how many--such mothers would ‘be--able - FIRST PRIZE - SECOND PRIZE -, THIRD PRIZE = - FOURTH PRIZE - - To Every School Pupil Under 19 years of Age That Sends an Ans- wer The-Leader Will Send a Beautiful Christmas Card Free. HERE ARE A North Dakota farmer took a wagon load of wheat contain- ing 52 bushels to-an elevator where the wheat was graded No. 4 and’ docked 6 pounds. Two dag's later hé took the same w! paid for at the price: of No. 1, whfle it was! docked only 2 and . one-half pounds, Between the pru:e recexved for ‘the first load and the: net" -price received for the second load, allowing-for-fluctuations of : the market meanwhile, was' a net-actual difference of $9.87. : ose the total -wheat crop of North Dakota to he 110,~* 000 000 ushels. iost to t " load. eat to' another elevator and it was graded No. 2 nnd Supi:ose that because of m:sgradmg and dockage there is he farmers that raised it $9.87 on every second “wagon. g H l 3 3 B7 Tivents y Dollars in Gold ik im : ug:vpr:;n O:J:énls?eerzlglgf in the Nonpartisan League would - Ten Dollars.in Gold . 6, - Ftve Dollars in Gold - = “Three Dollars How many at $10 each’ the farmers of North Dakota. were to establish their . own elevators would they not eliminate the loss they now sustain in dockage and in gradmg by privately owned elevators? x 7. What is a parasite? 8. How many news (f)apers now published in the state of North . Dakota have advocated the' abolition of the present system of dockage and misgrading of gram? Why have not the othsrs done so? . s 9. It the farmers who compnse 75 percent of the population, THE PROBLEMS. y stick together, can they or can they notpchange the laws of Nerth Dakota so that they will retain for themselves and their families the money that is now taken from them by the present system of docking and mxsg'radmg of grain? another n load, 52 bushels, of with: this amount to enjoy a vacation of travel and recreation? i RULES AND GONDITIONS OF THE CONTEST i *Wnt. plainly. Give name, postoffice address, county and state, - Contest -open to -all -school hoys and school girls under the . age- of nineteen years. A All replies \flll he considered -that reach ‘the -office of - the Nonpartlsan I.aaden in Fargo: not later than' 12 o’clock noon on r 15, Each oonieetani will be nllowed to send but one set of ‘answers. “Neatness in writinpg and brevity of statement will he favor-:]“ memmmwmw ‘i ! .hSuppose it all to be put into wagons containing 52 bushels eac § HERE ARE THE QUESTIONS TO BE ANSWERED: 1. What would be the total amount of loss in ‘dollars -to the - farmers of North:Dakota in Dockage and Grading Alone?. - b 72. How many automobiles at $460 each would that amount uy: 3. How many boys and girls wonld that amount send to col- lege for four years at $400 per year? 4, If it costs $100 for 'a month’s vacation for a farmer’s d)ly considered. Write on one side only of the paper. v Mail. Answers to “Contest Editor’, Noipnrt-nn Leader, an‘ o '919, Fargo, Nortli Dakota. : Names of tho vnnners will be printod in the Leader of Decemher 29, We invite 'ull our yonng friends to enter this coniest. All l\nrds will ho strictly on merit, Ak e /3]