The Nonpartisan Leader Newspaper, June 14, 1920, Page 7

Iowa Land Boom ADVERTISEMENTS e : _Actual Farmers Left Holding WS Sack Report Shows ¢ v 5 HE land ‘boom that swept . ; PR Iowa during the summer L8245 ) |° hani 4 N«/“h‘ of 1919 forced prices: of % ! fi:fi::{g}f:fif{o‘ffionm“ 5 ‘farm lands in that state | | Khaxi s i gsod condon 1soses:: e Young man, are you 2 ; A % ®”S up to.a level at Whmh it . D ‘;v:”u‘l sgm".‘sk mg"&:d‘ '3’ ne%v 12:to % n 52‘5’ : Come tx heysszeggy B was impossible for any.| | Q. D, weol orercoate oo 3 S i | but the exceptional farmet to make || Marchiog shoe?l, ‘how soles. and heels 3,50 y, tools not. bools. (] fi]m"’“" flmi‘m- - P ~more than 3 per cent on his capltahza‘ E:;‘.'hl’:“’";‘.‘&u" f',’f’_",e,' _.".',‘.’f’m’ ] that'a the mecres of ch. S s os departm ’0' I Nites): . 135 : d-. v lowing an intensive study of the Towa. g{flfivfigfidfi' L tae / gt x;ién B boom. The department report adds | | B, dentmunionalls, best makes zo0 .m.m"h?e"fifi nm 2 tew b e T 5 v NEW £ — i iy g:xziti?xf ?gloma lr::g; gro(;;zt ;Jofn t%§-~ ‘| . D. woot wrap tesing . ins.ia. 20 FREE 35}35?&?:“‘:‘2“%&7&2?3‘5 : a Oll Mflnll 5 3 ’ . || Baw it 1,00 5 Sfeatipss i|:tenants to buy land on boxrrowed capi- |- Sidn pas 225 3 EAR RAD | L. e M M tal with a fair chance of paying out.” T ) L N A TRADE '»w“-“"afi'a'fm:';*;’mfio%?&"m?: et Sndinge, mads s the et || EEEHSEAELI 8 A s & = vi o s investigation, were: 5 b M e AL U Ly : Sctoo Au‘ro-'l’RAcron-Avwnon : bk d A0 ) The general incregse in SParrn Tand ] D o anuaalr, bar st L2 B Sl N T B mat s W Bea h/il;l;r values in the United States during | | i fottd Mot iiition =i . S ¢ o _g';ging“m‘ igni it m; » 1919 was 21 per eent (much less than | | Yoy Gas oo Siaakoi s oo $12000°B inqpi, ofit P o . profits theentire year, . the decreased purchasing power of the ||~ We sell wholesalo to storekeepers. "ifafl’ order : Gl ?gmgfimflgpgd dollar),-but in Towa land values in- | | ~Reforenor: National Bankof Commercs. X think you can easily plekc up §1200 02000 beling su J1 . v 7 e Admiral” P ! oy save ‘the mzbt onthe creased 32 per cent, or. $63 an acre. ‘U.- S, SALVAGE COMPANY Agricuttural College. " D. J. ez, Mo., ¢ T ,}':&“ going out, and the and ‘CITI RESIDENTS GAIN Wabasha, St.,E. Cor.. |0th, St. Paul, Minn, $49.00 & day wi an [ e SAakEIT A 2 3 - - n des ‘earning the regular mil i | R < : ) s e AT EXPENSE OF FARMER - ,A"m"'a’ Hay" P ress . . "M ving A BETTER: OF ? T, T. Jones, Hickox, Ga.y an Admiral awnar‘:lgsnlie g Pie Al R . Two-thirds of the inerease in yalne . TPWNES*E'SENgS:;TENTS iarys, Kanses, b wmfl:m:i%fl % tons (0 E Lt i “on farms bought and resold during the | | soremman I Bt Dawerrol balzx maad , : -1 boom: was appropriated: by remdents : of towns and cities. i The department report adds: ? " %At current prices-for land it is not- Apia s : “building vitamines a 5 4] natural sweet nnvor of the wheat, tal ouneedudk.whlchlsmch RRETT & ZIMMERMAN llldvmy Hom Market ,- Box123 r* than the or-- mh e e e e THIS BANK PAYS 6% Interest ; Certificates issued for six or twelye months. |- The First National Bank of Taylor 2 St.. Paul, Minn. Taylor, N.. D wanlnone fix‘clusl:e Tapres: mtltg:nnufid Tis xtra-] ny. Uneeda.” ‘All high- class Out’ customers ‘are given the privi- " only financially unprofitable for the |- & LS %‘f:ngf“"“"“"“““m i e ‘tenant to become an owmer but for the | dinary _ tens SRR e 9. . | ‘great' majority of tenants it'is prac- -money order along: ERLE SSCEN i OvE {: tically. impossible. 'I‘he average net ! “Famous fop its Flavor™ - worth of tenants, as determined by N We furmsh the sacks ‘with your ~this stndy, is only about 12 per cent of ‘the average farm capxtal Evenif the : R tenant ‘can borrow the. remainder of .the capital necessary to become an ‘owner, he can not expéct to earn, un- . ¥ der the favorabli conditions: with Fe- S rt is > _spect to crops and prices prevailing in- ~§$fi?§3m%,§*mm“m Il | 1918, more than 3% per cent on the | gAm 8 R %mni-- v “total capital borrowed: - Falling prices g 10100 barra T P ] for’ farm: products - or: unfavorable B e flOverZOOOcommmi' : ~crops would make the prospect even : e B D less satisfactory.” - v = Bl RERCRON eling The report shows that the 'boom was own community: be- - fore: some one else tali:ses ad\aamnge ‘of largely engineered by land specula— ‘tors, most of ‘the sellers living in cities or towns and most of the purchasers being actual farmers, who are- thus. left “holding-the sack” and finding it impossible’ to make interest on-their ML A“B'Am‘"m Mill Co. investment, even in a good year. .795-801 TmtBldx. Owensboro, Ky| .- WHY SUGAR IS HIGH .- Editor Nonpartisan Leader: ; X : > .estimated that the profiteering ‘mid- N | dlemen now own half the sugar cane i § . “and beet land in Cuba,- Hawaii and SRR | California and - hold mortgages ‘on’ ; é : ; mokt of the other half, andhas they M | T S i | own all' of the sugar mills they have e o get the .hlghe.St price gained full power of price-fixing, both NCE Y | and best fill, ship your | f§ ‘for producers and consumers. -Unless : this land-grabbing and price-fixing is | e Cattie, Sheep and HOgS speedily curbed by adequate graduated : |- tax“-laws- the profiteering middlemen | - el : . to the will soon acquire adll the land, control ; ~ . 3 /| all production and price-fixing, the:: s EQUItY Co-Operatlve | same as the old regime in Russia,«. - i Exchange : ‘Oakland, Cal. . S. M. CARTER. A*j\':"', - UNION STOCK YARDS | FROM A STICK,ER at Chicago, Iil.~ South St. Paul, Minn. DR Nowbartah Lisdero ot ant a. Nonpartisan and-have been ‘ever | ' smce the League started and will be as long ‘as it ‘lasts, and hope it will be forever, I like to put my ‘money where it does good. I'did not join the League | three months ago to'try and get an indorsement: for county office of some | - kind (like a few did in Stutsman coun- | ‘| ty) and then when they failed to get 1 the indorsement turned agamst the WRITE FOR INFORMATION 'WB PAY s:x PER CENT. mmm'r' on certxfleates o:’ depom: for 6. or 12 months. " -All - in _bank - guaranteed by t.he stah of North Dakom" .under the depositors’ \guarantee la FAnuEns su'm BANK Gunon, ; g 1 League and ran it down. i) o 93, TWI 3 ; Mfl ne, 13 /‘c “Our townshxp is strong’: for the m.‘ ALeague .- RUDOLPH DUURSMA Woodworth, N D THE FANOUS LIBERTY 18- 32, One-Man, Four-Plow, Four-Cyhnder, ngh Grade, Long-Lived Kerosene Tractor A few of the reasons why: it is the best for you: 17. '\doqt economical in fuel—ask us about comparntlve tests THE LIBERTY LEADS THEM ALL. " 2. 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Orion Pn‘l}flnder 2nd and’ Col.” HONEBRINK BROS.; Atwater, Minn. ' ADMIRAL HAY Pl!:ss COMPANY Hansas City, Moy » VAV AV AVAVAVA VAV v' VA ' Mention the Leader When Writing Advertisers sy s