The Nonpartisan Leader Newspaper, October 12, 1916, Page 14

Eye, Ear, Nose . and _,v’l'bhroa't., : - Edwards building, . Fargo, N. D. - M. A Baldwm REAL ESTATE, LOANS - ¥ 626 First Avenue North “\ Fargo, ‘North Dakota | , CHANEY-EVERHART CHOCOLATES - THEY. ARE. GOOD to. fint one hundred erte tar ‘information. Fargo, N. D. Pmm. 0. *C. Hailmun $$$$$s$$$$$$$$$¢§ FarmLoans 8 Wll a- loap on your l‘m this hllf Wo llwm have money to loan on leng term payments .at low . interest rates, Thlfty—fonr ye‘n of continuous busi- “nesa in the “Write us whnt you want, _ J. B. Folsom Co., " Office’618. Front Strect ' FARGO, #$ Opposite N. P.'Station N. D. $ 8! $ $$$$$$$$$$$$$$$$ _ e»éfieéea eem.@ MAGNETOS ALL MAKE&REPK{RED AI\D OVERHAULED [Howard B. Tilden| | Magneto' and Battery Expert| | - 7UFifth St N, FARGO,N.D. riggs Connty Pure Bred Live Stock Assocxntxon’ = [sate, 0ct. 26,16 HERONS, BELGIANS AND ‘CLYI)ESDALE : Wnba for partlculars, F’BANK~PAULSON, Sales Mgr., Hannaford, N. ‘D. § System.’ - (Contix'lu‘edd-'fibni"‘fia"ée [ e of the rates, because the rates were so~ excessive they froze out practically all the _independent’ mining" companies. That proceeding proved to be a failure, “ because the steel trust billed the ore as _one continuous shipment from the mines down ‘to_the lake shore, and in their ore boats _down to the perts on the lower lakes-at Chicago and Lake Erie. Hence the pomt Wwas: made that our state com- ' mission . has “no jurisdiction; that the - ‘ 'shipment was aninterstate slupment . “The fact is—and I am telling what I know of my own knowledge—that within our state.in ‘the matter of rail- road transportation of the ore, it is almost 1mpossxble for the independent companies - to operate They are at a disadvantage.”. Judge-Gary, president of the steel cor- . poration, - admitted a few years ago before the ways and means committee of congress that the steel corporation made .a profit of 55 cents a ton for hauling: ‘ore. The profit .is>probably not now so great, as there has been a slight reduc- tion in rates by the interstate commerce commission since then. But it js still a handsome: revenue. - The important part of it is'that the maintaining_of these high rates not only freezes out the.inde- pendent companies and makes .an addi- tional big profit for the steel trust i ing the mining of ore, but that it results in the lowering of the:value. of: the cre in the - . ground for ‘taxation purposes. TRUST REDUCES TAXES BY HIGH FREIGHT CHARGE The value'of the ore.in the ground is Teached by taking the:value of the ore - at the Lake Erie ports-and subtracting _mining ‘and transportation - costs.- So ~'that the higher the rates cha‘rged by the railroads the less: the ore is taxed in the ‘ground - under - the present Minnesota ‘It is true that Minnesota gets a return in taxés on’the charges made by the railroads™for carrying:ore, for. it levies a gross carning tax against rail- roads,” thus getting back part of what it loses through lcssening of the yalue of the ore in-the ground by high rates. ~ But ‘most of the haul of the ore is' by boats on the lake, also- owned by the steel trust, so that on a large part of the excess freight charges the state of Min- nesota gets nothing, but at the same time the ' taxation value of the ore. m the . ground is lessened. The state tax commlssmn in»1914 found the value of iron ore in the ground was about 37 cents a ton, on the average. . This figure was reached.by an elaborate process of : subtracting from the value of the ore at the furnaces the costs of mining and transportation and discounting the future value of the ore. The tax commission figured how long it would reasonably take to mine the vari- ous deposits at “the™'present’ rate of mining;. and ‘considered that ore that . would mot..be mined for. a few years, or for 10 to 20 :years, was-not. worth today. in the ground as much as ore that woild be mined unmedmtely The result of the figuring was- to:. place the value on the . ore in the ground at about 37 cenfs a ton on: the average. That is, there were ~1,478,090,978. tons in the ground, according to the commission’s rth : sutveys, and this was $543,678,682, or -abol For taxatlon purpose ebdooeoooeeeowaeooesoeoOOQOOQQQoooooooooobo" I3 409502200569 ‘WHILE IT LASTS, The Equlty has made arrangements to furnish ‘all of its pat- rons seed wheat for the commg year. - Best Quality .Thls wheat is of the very best quall'ty’ of sprmg wheat and there is only a limited supply. : ATTiis whe:'it while it lasts will be sold for $2.05 per bushel f. o.. b. Duluth, Minnesota; sacks included. : A deposit of 50c per bushel must be made now and the bal- ance paid ‘at time of delivery. The railroad rate on seed wheat is the same per cwt. - as the carload rate. ) " List your orders NOW with The Equlty Co-Operatlve Exchange St Paul, an. 000@6@@000090.0000....0..0. SHIP US Your next can of cream—sweet or sour.. A square deal ' guaranteed. Daily remittances. Fargo Ice Cream & Dalry Co. (Creamery Department,) Cox Sanitarium A DRUGLESS’ INSTITUTION Chronic diseases ' cured.- Appende- citis . cured without = an operation. Write today. D] 101-3& street lontl: o Fargo Woolen Mills ‘Dlrect from Mill to Consumer ' FARGO N. D. Manufaeturers and Jobbers of High Grade Sweatel s, Caps, Toques, Wool - Skirts, Men’s Flannel: Shirts, Underwear, Hosiery, Wool Blankets, Mackinaws, Etc. OUR ENTIRE PRODUCT is sold to the 'Consumer at prices, which only direct from MILL TO CONSUMER “. SERVICE CAN ' OFFER. -Why not have our salesman call?: A large line of samples bo select from. Fill in space below and mail to us. W. COX, FARGO, N. D. Fargo Woolen Mll‘ls L FARGO, N. D. Please have your salesman call il ihe it that I am under no; obhgatlon to pl _'vs‘ en g ; aee an order \