The Nonpartisan Leader Newspaper, April 6, 1916, Page 20

THE ‘'NONPARTISAN LEADER To Protect Farmers - Apply Regional Bank Plan to Grain . Storage, Suggests F. O. Hellstrom By F.0. HELLSTROM The marketing of mnonperishable farm products is a question of all importance to the farmer, in fact it touches the consumer as well as the producer.- - : Under present eonditions the wheat grower is compelled to. rush his pro- duct onto the market and sell it re- gardless of the price. ’ The professional speculator know- “ing this condition gathers in the grain and as soon as the farmer has sold his holdings and the bulk of the . grain is out of his hands, prices are forced up. : The producer under this system gets only the minimum price and the consumer pays the maximum price. What is true of wheat is true of cotton, which are the two great staples, wheat in the north and cotton in the south. What is true of wheat and cotton is true of corn, hogs and cattle. 4 .. ' Other Countries Advance P ' In other countries the: government has taken steps to protect the pro- ducer and consumer. In Canada the government has loaned its credit to finance a system of warehouses for storing the grain. . In New Zealand the government has taken over the business of the public warehouses, and also the fin- ancing necessary to aid in storing and moving the products of the soil. In the Province of Yucatan, Mexico, the government has provided publie warechouses where the planter can store his sisal (from which binder twine and rope is made) and obtain a loan from the government secured by the warehouse receipt. ; But in the United States the pro- ducer must rely on private ware- houses to store his product, and the banker to finance the movement of the crops which place him beneath the upper and nether millstones, interest and storage, a sort of heads I win - and tails you lose game of chance. Both the public warehouse man and the banker have been protected under the laws of the land. Helps Bankers, Not Farmdérs The government ‘has provided the . regional reserve bank fer storage and safe keeping of the commercial paper [Nsa The above picture is of Gordon W. Randlett, reelected vice president of the Tri-State Grain Growers’ associa- tion at its meeting in Fargo in Jan- uary. The association comprises a membership in North and South Da- kota and Minnesota. When In Fargo Go To DEWEY’S STUDIO Photographs and Pertraits Wedding Groups a Specialty Over Alex Sterns " Cor. Broadway and N. P. Ave. Systems for Accounting. ®.° For largest line of GENERAL MERCHANDISE in Walsh County---See ) .O....0..............C.................0.0....0‘ EQUITABLE AUDIT CO. Inc. "%t e ‘Farmers Elevator Companies’ Home of Auditing and 06003000000000000000000000 of the bank. The government has lent to the regional reserve bank it’s credit by authorizing the issue of government notes that may be loaned to the banker at a low rate of interest upon the security of commercial paper endorsed for discourt. This system has been pronounced * the best currency and banking system ever devised. o Why not apply this system to the storage and marketing of grain? Let there be established at suitable terminal points a terminal warehouse association of producers of farm pro- ducts, for the storing and selling of their product. Let the government: guarantee . their bonds and take a first mortgage lien on the warehouses that should be erected and owned by the association. : Let ‘the government grade and weigh all products received and issue warehouse receipts, showing the na- ture and quality of the product stored, and also show what the average sel- ling price has been for twenty years preceding the date of deposit. Real Rural Credits These certificates should be avail- able to seture a lean equal to eighty per cent of the average value of the produce. - The government should is- ‘sue it’s motes and loans to the asso- ciation at a low rate of interest and hold the storage receipts as security. The terminal association should be formed by the cooperation of the local or primary elevaters or warechouses, being affiliated and bonded and super- vised by the government, thereby en- abling the producer to deposit his pro- duct in his local warehouse or elevator and receive a warehouse receipt for it properly authenticated. The = terminal association shall maintain under government super- vision a free and open market for the sale of farm products. This will enable the producer to carry his product at a neminal cost, conse- quently will remove the conditions that cause the violent fluctation in the market, and conditions will be- come uniform with stable prices. The producer would get for his products what it is worth, no more and no less. The speculator would quit the game because his chance to manipulate the market would be gone. TRY OUR CEMENT PAINT . FOR WATER PROOFING $1.50 and $2 per gallon. barrels less. F. BARTON . Fargo, N. D. Box 1106 €000000000000000000000000 Ask for Little Sioux = Biscuit /< Packed in an “Aertite” Moisture Proof Package MANCHESTER BISCUIT CO. Fargo, North Dakota. Watch Us Grow 000000600©000000000000000 Write for References. 00000000000000000000000000000000000000000000000000000 .....‘Q..GO..0.0'0.0...‘.._.Q....O...O......O......... LEAGUE MEMBERS ATTENTION! Lundeen & Henderson ADAMS, NORTH DAKOTA 006000000000000000000000000 00000600000 TWENTY-ONE .........O......I......‘......“...0060..0...0..6.0.. J. R. Kirk Commission Co. Inc. ; South St. Paul, Minn, - -~Sales Agency and Authoerized Representative of the American Society of Equity Consign Your Live Stock to Us and Get a Square Deal, .........0............:..............0..00.0000...... ° ° [ ] @ ° ° ° [ ] ° (-] [} [\ [} ° ° ° ° ° e ° e e ® ° ° ° ° ° e [ ] ° ° e ° ° [ ] [ ] 9 ° ° ° [ ] ° ® Q ® ° ° ° ° ® S ° The Old Reliabte MADISON - 6-40 AUTOMOBILE DIRECT FROM FACTORY DELIVERED AT YOUR DOOR I PAY THE FREIGHT : The MADISON has elegant, beautiful, stream nes. ) ) d High class and thoroughly ' dependable. Upholstered with genuine leather and curled hair. 40 horse six cylinder high speed Europ- can type of motor. 120. inch wheel base—30x4 .inch tires. ' 56 imeh rear-sprinz. It is as good as other cars sold for from $1200 to §$1400. ‘Write to me at once for prices and’ terms. . F. O. Hellstrom ' BISMARCK ~ . N. D. ...O.....C......O.........O‘.....“.“v........(’...’. 0 0000000000600000000200000000000 Q....O..O..‘..‘.......C.'......'...“..'0'.""@.'“.."'. Increased Production—Pro- fitable Prices for Your Produce A privilege to purchase your: implements direct from the ° manufacturer, elliminating targe profits charged by jobbing monopolies, expensive sales- 2 men and dealers is the propo- sition that confronts our good farmers to-day. The Wilberg Plow Attachment is a Practical Labor Sav- ing Implement that every farmer should own. Our 1916 model will be sold direct to the farmers at prices we sold it to the jobbers for. ' Thus enabling you to buy two machines for what you had to pay for ene. .. Write for special club order prices. H Wilberg Plow Attaqhment Co., Nome,N.D. 0000000000000000000000000600000000000020006000000008 St“dy Law Oppértllglnities Law offers big opportunities to men Why? (X X} » Od’ogboooo;ooodoooooooono_ooo.ioooooooogoogoo who can represent Labor in-its fight on: special privilege. Only a. law-trained working man can do this.- The lawyer is in a’position of power. Look at Walsh, London, Darrow, Hilquit, § Sheppard, LeSueur. What they are doing you can do when you are trained. WITH THE PEOPLE’S COLLEGE because—We give you the best course for the least money—We send Jou a magnifi- cent law library of 14 volumns written by America’s most noted legal experts—We train you by mail and you can finish at our resident school without extra cost—We give you the best legal education obtainable PLUS the working class interpretation. - NOW—Hundreds of our students are now practicing success- ‘fully. Begin now and in 2 — a short time you can be volm:e ai ;;mum:;{ sent to. you doing the same. You. Dol » don’t need a college edu- - = cation. No ‘matter what yéur age or occupation—no matter where you live, how small your €alary or HOW little time you have—our method of Lome training will prepare you to be a successful lawyer. The cost is smal—payments to suit you—and only your spare time required. - Let us tell you about it. Finding out costs 'nothing—involves no -obligation. But it will mean the opening of the door of op- portunity for you. g MAIL THIS COUPON NOW. The People’s College 5 FORT SCOTT, KANSAS Please send me the particulars con-: % cerning your €ourse in Law. EUGENE V. DEBS, .Chancellor, Dept. L. ARTHUR LeSUEUR, President, Dean of Law Department. R This 14 2 THE PEOPLE’S COLLEGE, " FORT SCOTT, KANS.