The Nonpartisan Leader Newspaper, December 16, 1915, Page 13

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

i ¢ i ’ - g ——— R According to reports the First Na- tional Bank of Cosselton, closed its doors the early part of last week. R. C. Kittle, president, and W. F. Kittle, cashier, have been placed un- der arrest, i The shortage of the defunct insti- tution is variously estimated at any- where between $20,000 and $235.600. It is said that practically everybodyl in ‘the town and the country around the town, including farmers and la- borers, have been, “hit” by the fail- ure. It was reported that as the news of the failure spread to the surrounding community, farmers poured into the village until the town was filled. Farmers walked, the streets in a frenzy of excitement till late at night. .As the realization of the calamity bore in upon them talk of how much on the dollar the bank would pay was rife. Diverted Bank’s Funds, It is charged that the failure is due to heavy drafts made on the bank in the interest of large land holdings which some of the officials are reported to have in McHenry county. The officials deny that the bank’s funds have been diverted to any such purposes. The frequency with.which such ca- lamities befall trusting ard confiding depositors causes one to doubt whether his money is safer in a bank than in a tomato can or an old so-k. Every few days newspager . reports bring similar tidings from various parts of the country. As long as the ppenalties for the criminal negligence which result in the wholesale robbery of the people are light there will be inducements for such tragedies. As long as men, in this age ‘of “frenzied finance” are permitted to juggle with the public’s ~money just that long will we have these disastrous results. Lax Law Enforcement. Just as long as the present laxness of law -énforcement and lightness of penglties' ‘and “megligence of ’p'}unish- ‘ment ‘prevail just that long will the hard-earned savings of the thriity and industrious be swept away in this manner. : It is not altogether because of dis- honest bankers. Neither is it because all bankers are dishonest. They are not. . But. many of them who would be honest are tempted to be ‘dishon- est by the present banking system: THE NONPARTISAN LEADER It is difficult to compel people to be honest and at the same time spread the net of temptation before them. Banking System to Blame. We would not minimumize the guilt of these or any other bankers. We would in no wise excuse them. But in the interest of bankers and all others we would point out that the present private banking system is at the bottom of it all. We have not yet heard of a post- office having to close its doors.be- cause the postmaster had speculated with the public’s money. We have never yet heard of a person who lost a cent by depositing his money in a yppostal savings bank. Y It is said that there has never been but one bank failure in China. The depositors took the banker out in the street and, cut him to pieces with their knives. That was a severe meas- ure but an effective one. We would not recommend such measures. If '‘we were to recommend at all we would say, buy postoffice money orders. They are good -even if you lose them. They will draw no interest, it is true, but they are ab- solutely safe as long as Uncle Sam- —_— Farmers’ Friends at Casselton Fail THIRTEEN in Business uel does business and, when he quits business you will not need any money. This bank failure business is a ser- ious matter. One does not realize how serious it is until it hits one personally and hits his community. The Lesser of Two Evils. - As we see it now, the safe thing to do is to put this banking business in the hands of the government. That might stifle private enterprise and individual initiative but it would also put an end to such tragedies as has befallen the people around Cossleton. If government-operated banks is an evil, which we do not admit, the question arises, is it not a lescer evil than such disasters as these bank failures? It does not seem so disastrous as long as it hap- pens in Casselton and mot in Your-~ town or Mytown. But how do you know that the next one will not be in Yourtown? All bankers assure you that they are your friends, just as these did. They are nice, amiable gentlemen, They :are good, citizens and most of them mean to ‘do right and be on the square. But look what happens, That’s all we have to say; look what happens. Many farmers like to be chummy with the banker who is robbing them because the banker has pleasant ways of qbviously overlooking his own :sup- erivrity for their gratification—and his own benefit. "When In.Fargo Go To DEWEY’S STUDIO Photographs and Portraits Wedding Groups a Specialty Over Alex Sterns Cor. Broadway and ‘N. P. Ave. WILD OAT SEPARATOR A ‘real wild, oats :separator that will positively remove wild oats from tame oats, from bar- ley and from any other grains. Possibly you 'saw ‘this machine with the cotton flannel lined drum at your state fair. It cre- ated an unusual amount of in- ; terest. Many who saw it pro- | nounced it the only separator on the market that can separ- | ate wild oats from tame ‘oats successfully.. Farmers and seed: men are ‘using it with great suc- ; cess, [ Tested by Experiment Stations | This machine has stood up under the most rigid tests of | the experiment stations. If | you don’t want wild oats on your ¥ farm write us today and let us tell you about this won derful separ- - ator. Litera- ture free. Albert Hoiland Fargo, N. D. HOILAND , CLASSIFIED ADVERTISMENTS _Here is a_chance for farmers to do business with farmers. If yon do fancy breeding, of 'horses,” cattle, Hogs, chickens, put your ad in this department. Ak If ‘you have ‘anything ‘to sell or trade to farmers, insert ‘your ‘ad. in this department. : ) other farmers have to :sell ‘put your ad .in this department. This .is the paper that reaches the live .and up-to-date farmers of North Dakota. X : Rates in this department -are 20. cents per: line for first insertion, 10 ofiexflx‘rper ‘line. for subsequent inser- ons. . 0 - i :*Copy must reach us by Monday to Insure its appearance in the current issue. Address,— Nonpartisan Leader, Box 919, Fargo, North Dakota. FOR SALE—Choice pure bred White 'Wyandotte Cockerels; price $2 and . $3; Mrs. J. A. Flever, Sykeston, N. ORGANIZING STUDY CLUBS. Farmers of Slope ‘Country ‘@etting ‘Together for Social Intercourse, United Political Action. Here ‘is a letter -wiich speaks fo# itself .and the Leader urges that the good example set by our brethers at Shollsmade b: followed by the League members in all of the coun- ties of the state. One of the ways to be prepared for the work of the League. next year is for the farmers to get together often .and study the |- various laws they wish and get all the information possible on those subects. The Leader will take pleasure in getting up a form -of organization, by-laws and make suggestions as to reading, etc., and will have them ready for any group of farmers who wish to follow the example set at Shollsmade. . course of study and list of books ‘1l also be outlined. Of course , ly members of the Farmers’ Non isan Political Lea- gue will be al . to join and par- ticipate in the .cational discussion~ of the clubs. So let the Leader hear from all parts of the state as fast as the farmers’ groups can be or- ganized for this purpose. The letter from Shollsmade is as follows: s Shollsmade, N. D., Dec. 8, 1915. The Nonpartisan Leader, Fargo N. Dak. To the Editor: In order to keep up interest in the i League and to give the farmers an -opportunity to study the measures advocated by the League; such as, the single tax, rural credits, tremina) -elevators etc., we have formed a lo- cal organization to be known as the Davie Nonpartisan Farmers’ Club. The officers of this club are As- lak Nasset, president; J. C. Hart, vice president, and C. H. Dale, secretary- treasurer. Those desiring information or those wishing to cooperate with this club may write to either of these officers at Shellsmade, Slope County, N. D, and, enclosing stamp for a re- rly. The objects of this club are po- Iitical, cooperative and social. The members will make a thorough study of the political situation and topies of the day during the winter months when they have the most leisure, o that when they are called upon at the primaries, they will be prepared to act intelligently. We would like to see a local club in every township this winter doing likewise and, we are prepared and anxious to help start such organiza- tions in Slope county and to coper- ate with them. Only members of the Nonpartisan League can belong to our local club. We believe it to be the duty of the “Leader” to suggest methods of organization and to do all in its power to start local clubs. C. H. Dale, Secretary-Treasurer. The Leader fights for the farmers. — G SIMPLIFIED SPELLING The simplified method of spelling the following twelve words has been adopted by the National Education- al Association. As a matter of pro- gress and for the sake of conven. ience it is requested that all copy. prepared for the Leader and all mat- ter set for the Leader, follow these rules closely as ‘possible. tho for thoUGH. altho for althoUGH thru for thrOuGH. thruout for thrOuGHout. thoro “for thoroUGH. thoroly for thoroUGHLY. thorofare for thoroUGHfare. program for programME. catalog for catalogtUE prolog for prologUE. decalog for decalogUE redagog for pedagogUBE Consolation For All No matter whether you are car- nivorous or herbivorous, there is con-~ solation for you in the recent re- searches of Dr. J. E. Goldthwait, pub- lished in the Boston Medical andg Surgical Journal. After comparing the anatomy, the pathology and other peculiosities of meat-eaters and, veg- etarians he finds that each group is blessed with a serarate set of sus- ceptibilities. So, therefore, if you .are a vegetarian, you will be pleased to know that “in the carnivorous -are seen -especially tuberculosis and the infections in 'general, the nervous dis- eases and acute mental disorders, the hyperglandular disturbances, the pro- gressive anemias.” But if you are carnivorous and writhing in the grip of a .carnivorous disease, then you may find comfort by -reflecting that |- “in ' the herbivorous type, arterios- clerosis, gout, diabetes, chronic renal diseases, gall-stones :and :degenerative mental disorders are common.” As for the man who has lost his appetite and can’t eat .at all, he can dance with joy as he ponders the many perils of eating and face star- vation. with sublime equanimity.— ' E; 0.J. in Life. ' ' Now Is the Time To i Buy a Watch .. 2 Rystad’s Fire Sale’ Not damaged; all watches were. in safe. 20 year gold filled cases, Waltham or Elgin move- % ment at $7.50. ; Mail orders promptly attended to. ~ 0.0.RYSTAD . - < N. DAK. {8 RN, 5

Other pages from this issue: