The Nonpartisan Leader Newspaper, July 6, 1916, Page 15

e 0% G ) .O...O.'....‘..‘........O..O............................l.....“.'............O........O...0.......‘..O.C.....OOO_O.........C....OQ...... i oooooooooooooooooboooooooooooooooooooooooooocooooooooooooooooooooooooooooqooooooooioobooooooo Y1) R. FARMER—you’ve been thinking ‘about the financial problems which are inseparable from your farm opera— tions—of course you have. You've been hoping that the state—or the federal goVern- : ment—or some combination of circumstances would construct some system by which you could get money when you want it —as much as your business demands and is worthy of. Like the grait marketing problem, the live stock situa- tion and the hundred and one propositions that the farmer has” to figure out, this money question is aibig, vital, real problem. Its settlement involves the question of success or failure in agriculture. The farmers wanted a grain marketing agency for 30 years before they really got down te business and organized their own independent selling agency. Of course there were experimental efforts, a few progressive fellows making an attempt to show their more conservative neighbors the way— but it took nearly a generation for the farmers to really wake up and go at the job in numbers sufficient to secure success— and they put it across in good shape too. Encouraged by that " success the farmers now have a financial agency of their own, a big, strong, cooperative loan agency; an organization which the farmers control—which they direct and from which THEY will get the PROFITS themselves instead of paying tribute to the grain gang and the money pirates. who fatten off their needs. The machinery is complete to serve the farmers in exactly the same measure that they wish to be served by THEMSELVES. The new Federal Rural Credits Law is in no sense adequate to the needs of northwestern farmers: It cannot relieve a situation that it does not meet and it will be scant help in its present form. Under the state laws in North Dakota it will be some time-before an adequate Rural Credits law can be made effective. Meantime the need for money is as pressing and the conditions which confront the farmer just as serious as though nothing had been attempted in t_he way of relief measures. Will YOU join an effort to help YOURSELF? Will you take advantage of the only relief immediately in sight? Do you believe in cooperation sufficiently to COOPERATE in a splendid organization which is-designed to serve you as no other institution can serve you—and at the same time you serve yourself you are lightening ‘the ‘burden for _your brother farmer. Here is the proposition in a nut shell. The Equity Rural Credit Association, organized in 1915 "with a capital of $500,000.00 (increased June 12, 1916, to $1,000,000.00) is an organization of farmers banded together for the purpose of solving so far as they can the Rural Credits . - proposition for themselves. The Association is officered by strong men, most of them large and suceessful farmers; it is rapidly becoming one of the large financial institutions-of the northwest—it is being. made so by the farmers themselves. . Your support and cooperahon lS needed. Your active and enthus1ast1c supportr—your generous and cordial support _Just in_the “same measure 'you .support this farmers’ move- ..ment the movement c¢an benefit you.. ‘others in making The: Equlty Rural Credit Association a great : -and a useful thing to the farmers- of the northwest? Will you Jom with Here’s the way to help: yourself 2 The capital stock of the Assocxatxon 1s dlvuled into shares. ‘of $25.00 each. These shares sell at- $30.00; $25.00-for cap- ital and $5.00 for: organization and surplus .The shares are- - non-assessable.. They bear dividends af the:rate of 8 per cent, and the additional profits, after making due preparation for - ‘the safety and solidity of the corporation are divided on ‘the patronage d1v1dend plan-——REAL COOPERATION You should have as many shares in tlns association as you can possibly afford. ' Its affairs are very economically man- aged; its expenses are small and its-funds are used for but one purpose, loans to farmers for long or short terms at lowest rates of interest. Many millions of business are in sig'ht. The farmers are calling for money-on farm loans in large number. Farmers’ elevators and individual farmers are in need of financing so that the year’s business may: be completed and the.crop sent to. market under the best conditions. The many millions of dollars which the producers of the northwest have in the banks are not being used in their mterests Every farmer should have a part-in building-up this farmers’ institation. ; ‘Make an mvestment m the shares of the Equity Rural Credit Association. The time to act is NOW. The da.y of actmn is HERE the: way- to cooperate is to COOPERATE T he Equlty Rural Credit Assocnatlon Herald Bulldmg, Fargo, North Dakota ; THE OFFICERS: " President, C. J. Lee; First vice president, C. B. May; Second vice president, W. H. Bell; Secretary, A. M. Baker ; Treasurer and General Manager, S E. Hall. - THE BOARD OF DIRECTORS: Henning 'Gunhus, Edinburg, N. D., farmer; Zack Shockman, Berlin, N. D,, farmer; E.-G.- Quamme, j _Finley, N.:D.; banker; C. J Lee, Valley City, N. D.;: ; “farmer; J. W. Wasson, Velva, N. D., farmer;. C. B. ‘May, Argusvxlle, N. D., farmer; W. H. Bell, SHey- ) Ealrmount 5 * enne, N. D,, farmer; Wllham Dahlq N. D., banker; A, M. Baker, Fargo, N. ._,.Co-operators Herald. i 0000000000000000 ,o‘odoouo‘nuco‘ooodoouuoooolnu'nooou'ooub'ou‘uoo_buuc"uuuno‘od'flu_ou'oioouhouu‘od’noo‘o'ouo’o‘c‘poi‘do\ouio‘é‘o"i‘vinoo_bo