The Nonpartisan Leader Newspaper, November 15, 1920, Page 12

ANES Mmmw&mmmanm ADVERTISEMENTS Government Merchandise At V3 Its True Value © Army goods renovated in-the Govern- ment laboratories under the personal supervision of Government Inspectors. These goods have been inspected and accepted by _the Goyernment as_to their condition.” You can’t beat this for qual- lt?v guarantee. These goods were man- actured for Uncle Sam’s boys and not for the market., We refer you to the Contract Department, Surplus Property Division, Washington D. C. Place your orders at once, as this stock soon will be _exhausted. An opportunity like this will never happen again. { 20,000 pair genuine n"s'v :‘I Russet ghoes, slightly Shoe $12.00, wearing value. Our price $2.90. $2 90 Pair 25, 000 pair Field Shoes, manufactured under Government specifications for $3 90 Pa:r strength and durability Three thick- nesses of sole leather, foot leather lined waterproof,” slightly worn, but a $15. 00 value. Our price $3.9 5,000 '.l‘rench shoes, Tr ellch slightly worn but guar- anteed to equal new in Shoe wearing value. Heaviest of grade leather, waterproof, triple sole, stud- _ ded with hob nails, and heels with metal horseshoe; worth $18.00, our price $4 90. §333c‘3£€2? Army $4.90 Pa:r made of. Overcoat - est grade, 90 per cent wool. Some of these coats have been slightly worn but have been renovated in the Government’s own abora- tories and are guaranteed to be in first class condition. These goods dye a beautiful blue or_ black. Raw material is worth more than the price asked for the coat. Our 51:»1'1<:e $8.75 Each New army _bed ankets d}n darlé gray medium_an Army Bed Blanket FI3 jmoivmy,and dark colors make a beautiful auto robe and we are selling thousands for this purpose. Also blankets which were used a few times in local camps, but have been laundered and renovated in the Govern- ment’s own laboratories, and guaran- teed to be in first class condition by their inspectors. Renovated wool, 1re-.g'ulm' $9 to 812 sl ket i .p‘i‘;.": $4.90 New wool regul‘.r $12 to $15 value, our 'price each $5 90 Either of the above blankets are won- derful bargains. Mail $1.00 deposlt on each item ordered balance on._- delivery. Overcoats and * blankets shipped by express, shoes b parcel-post. Satisfaction guarantee Kingsiey Army Shoe Co. Deptss 3852 Cottage Grove Ave., Chicago, Ili. FREE—TOBACCO ® It tells how you can get un- taxed Kentucky Natural BOOK ! LEAY Tobacco DIRECT from thg, growers; how to make your own Cci gars, smoking and chewillg tobacco at home for much less than store prices; save most all the money you now @ spend for tobacco and still have the finest on earth, the kind we Kentuck- Y iang who raise it use at home where it grows. Also a free bottle of Ken- tucky I‘lnvorlng Mitture to improve its fragrance. The pamphlet is frep and gives full directions. If you would like to have one Write Burns W. Beall, the Trust Buster R. F. D. 77 CAVE CITY, KENTUCKY Save 75% by making your ownrope ur- ing spare time: all halter ties, tow ropes, hay slings, etc. Own an ¥Economy rope machine. Makes solter. more pliable rope and any lenth or thickness 0_ioose ends. Will not unravel. Use bmder twine. No time to learn, Sell extrarope to your neighbors_ if ogou wa.nt Regular rlce mnchlno $5. on this t $4.25. ECONOMY MFG. co. 'l'ribuu Annex 507, Hinlemfls. Mina. d in quantities to ag! PHONOGRAPH FREE AND RECORD o m::d u(zlé-tl'-l!l‘hh wgn d.rghl Nwl!od 'X.r?n‘l?l‘u & d Wgo wlthhh'rg F.-é’“"‘ el go‘l’fl‘l!xchn Gl"n tarufi e nnly 21 I-m colmdfi um.‘nnl.ec “TE M; .co.lfi" 209, Glllgiflfl Mention the Leader When Writing Advertisers B Y Satisiaction gi a‘flssrcfflét‘mmmmm‘wm&&w;mwmmwmmumwmmmwmmmxmmmwww,ammmfimmmummmw“____ S \ ‘State Hail Insurance Saves $5,000,000 Second Year’s Test of North Dakota Plan Costs 28 Cents as Compared With Private Rate of 77 Cents Per Acre : NORTH DAKOTA HAIL INSURANCE ‘ Savihg under state plan Cents per acre Cost of \private msurance....— i Cost of state insurance........ =" 28 49 A 49-cent saving on the 12,132,974 acres covered by state hail insurance this year meant a total saving of $5,945, 137 26 for the year. der the North Dakota plan, has passed through its second year and again has cost the farmers just 28 cents an acre, in com- parison with rates of from 70 cents to 90 cents an acre charged by private companies for the same amount. of in- surance. The North Dakota law guarantees the farmer $7 per acre for a total loss. The fund tu pay these losses is made up by two methods. First, a flat tax of 3 cents per acre is levied on all till- able land in the state, whether it is cultivated or not. This is to force the owner of idle land to contribute to the cost. After the hail season is over and all losses are adjusted, an additional “indemnity tax” is levied on all culti- vated land, unless the owner of such land withdraws it from the act. In 1919 there were 12,852 hail losses. This was considered an average year. In 1920 the losses were heawvier, total- ing 14,424, After adjustment it was - found that the state would have to pay $3,472,630 to meet these losses. The flat 3-cent tax, levied on 27,673,- 395 acres of tillable land, -brought in $830,201. A 25-cent tax on the 12,- 132,794 acres of cultivated land re- maining under the law brought in suf- ficient revenue, added to the 3-cent tax, to meet all losses and also to pro- vide interest on the warrants that will be -issued by the state to ,pay the losses, to provide sufficient money for any refunds that may have to be made in adjustments and to pay all running expenses of the office. REVENUES AND EXPENSES OF HAIL DEPARTMENT This is the way the revenues of the hail insurance department were se- cured and the way they were expend- ed: Receipts 3-cent tax on 27,673,395 701 -1 R S e S $ 830,201.85 2b-cent tax on 12,132,974 ACTS, euemmrmrmemmmsnsememneneens 3,033,243.50 - Total hail fund .............. $3,863,445.35 4 Ex'pendituies Payment of 14,424 losses..$3,472,630.42 Estimated interest on warrants at 6 per centy for 7% months ............ For . anticipated abate- . ments and refunds and for maintenance ex- 3 = PENSE eeeceeccerciaeeenees — 260,590.20 Total umani ik nati: $3,830,201.85 The actual overhead expense of maintaining the hail insurance depart- ment, adjusting losses, ete., will tetal $110,000, or approximately 8.17 per cent on the total losses. This is the lowest hail insurance expense ratio on record. The expense ratio of private companies runs from 20 to 25 per cent. In South Dakota, under state insur- 130,223.64 ance, the ratio of cost in 1919 was 7 per cent, in Montana 5 per cent, - The cost of adjustments in private companies is at the rate of $10 per ad- justment. In North Dakota the rate per adjustment was $4.60. This is slightly higher than in 1919, when the average rate per adjustment was $4, the increase being due to the necessity of paying adjusters somewhat higher salaries -to meet the advance in the cost of living and hold competent men. North Dakota farmers saved over. $5,000,000 in the last year through state hall insurance. The average rate throughout the state for $7 worth of insurance in pnvate companies is 77 cents an acre. To insure the 12,132,- 974 acres with private companies would have cost $9,342,389.98. The tost of the state hail insurance was | $3,863,445.35, a saving of $5,478,- 944.63. COST OF INSURANCE WAS ONLY 4!; PER CENT Due to the fact that the holders of. idle land paid a considerable portion of the -cost of the North Dakota hail in- surance, however, the actual saving to the farmers wha cultivated their lands and came under the state hail insur- ance wasanuch greater. Each farmer who came under the law paid 28 cents an acre. Under private hail insurance the average rate would have been 77 cents an acre. . The saving was there- fore 49 cents an acre, or $5,945,137. 26, practically $6,000,000. The total risk of the hail insurance department in 1920 (the amount that would have to be paid if every acre in- sured was destroyed) was $84,930,818. The cost of insurance was therefore 4% per cent, as compared with a cost of from 10 to 12 per cent with private companies, The great saving under the .state plan is due to a number of causes. One reason is that so much more acreage is taken in that risks are better dis- tributed and there is therefore no chagce of the fund bemg wxped out by a few heavy losses in one locality. Another reason is the fact that idle land is compelled to pay a share of the cost. A third reason is the more economical administration, which is due partly to the larger territory cov- ered, partly to the economical admin- istration of the fund under the farmer administration in North Dakota and partly to the fact that there is no necessity of paying large \commissions and meeting heavy advertxsmg ex- penses. South Dakota, Montana and Ne- braska have forms of -tate hail insur- ance, but do not compel idle lands to’ pay any share of the expense and are on what is known as the “voluntary system.” As a result a smaller share of the acreage is covered in all. these states than in North Dakota and the rates for protectlon, while showing a slight saving as compared with the rates of private companies, do not come near making the saving that is shown in North Dakota. RAGE TWELVE LB : ADVERTISEMENTS SI’ECIAL FOR NONPARTISANS $ 89 " Delivered Blvu! possible value to make us _more Guaranteed three months daily wear. Sizes 12. ~ Blac! $ ,sn';,':.':,'f" T hrown. 45900 Pay on Our completo ecata- arrival. log shows full line Deliver- of work, dress, and ed free. school__shoes; - sent free. rite today. GENUINE We sell -by mail at RAWHIDE manufacturers’ AT prices—no - middle- Evory ':Ims guaranteed. ; men's profits, FARMERS ECONOMY HOUSE Use Coupon Today. Desk A, Minneapolis, Minn. 8ize....... hlnk Si. Send...... veeopalrs gipet Tttt wn 1 Wiil pay on ar- rival. If not satisfactory 1 cnn nturn them and will Mund my money and postage. 1§ risk nothem.. Nnmo ..... T O R P PR SO PP AddPess -« i hvanninivasarinos to ourJob / if ygu wear a Flsh Brand Slicker A-J.TOWER', COMPANY ESTABLISHED 1836 BOSTON MAS S - Make Your Auto \@firdeFeed \\__‘OnYour A 25 to 50 bushela wer 3 hour GRIST MILL : right on your own farm. NO BELT TO BUY Connected in less than ONE MINUTE practically ‘any make car. GRINDS & CORN ON COB as well as all small grain. Fifteen Days’ Free Trial Let Us.Send You One Today Only $49.50 County and state agents wanted. Lawrence Auto” Power Sales Co. 199 W. 3rd St., St. Paul, Minn. ack, Enclose strip of paper fitting around second joint of nger. -ring arrives merely deposit $2.50 with A Send today. . L.JACKSON CO. Dept. 103, 1530 Vine Place, Minneapolis. DOLLARS IN HARES We pay $7.00 to $18.50 and up a pair and express charxas Blg Profit. We fur- nish guaranteed % grade stock and buy all you raise. sé back yard, harn, cellar, attle, Contract and Illustrated Catalog Free. Standard Food & Fur Ass'n 401Y Broadway New York PLANS FOR POULTRY HOUSES D All Styles. 150 Illust.rut.lonu Alao co Ful Tgg Basket e I NLAND. POULTRY JOURNAL: ept 59, lndiananolls. ind. Mention the'Leader When Writing Advertisers 'S friends." of “The