The Nonpartisan Leader Newspaper, August 8, 1921, Page 14

Agricultfire Stabbea by Big Financiers (Continued from page 6) They fix the price of interest. Why not deflate themselves ? Why not deflate the strong and pro- tect the weak? The ‘answer is, of course, that the gentlemen who do the deflating pos- sess the power of kings—even greater power. They deflated you farmers as a mat- ter of course because the farmers had no power of resistance. But in their blind greed to get the last possible dollar from the expiring export trade, the international bank- érs overreached themselves and pulled a lot of their friends into disaster along with the farmers. The Euro- pean market was drying up and now they have dried up the American mar- ket. They destroyed the power of the farmer to purchase. They reduced the purchasing power of the farmers by some 10 billions of dollars. The farm- er stopped buying machinery, harness, . tools and everything he could get , along without. And now there are idle factories all over the land. When you cut down purchasing power of 85 per cent of the population to the tune of 10 bil- lions of dollars, there is bound to be a vacuum created in the trade and fac- tory centers of America. Let us take note of some things that have happened. Let us take the manufacture of cotton goods. Cotton mills even back in June, 1920, were beginning to slow down, but in June, 1920, our cotton mills consumed 555,- 155\bales of raw cotton. In June, 1921, these same mills consumed only 461,- 656 bales of cotton. And remember that raw cotton is purchased by the mills now at less than half the price paid in June, 1920, so that cotton goods are much cheaper to the con- sumers. The cotton farmer and his family can not buy back their normal supply of cotton shirts, socks, stock- ings, dresses, etc., even after he has raised the raw cotton. Let us read the figures of lost purchasing power in the report of the total sales of Montgomery Ward & Co. and Sears, Roebuck & Co., the two largest mail order houses in America. These houses do business almost ex- clusively with the farmers and the people of the rural towns and villages. The total sales of Montgomery Ward & Co. for the first six months of 1920 were $59,298,492. For the same six months’ penod of 1921 the sales were $37,170,691, a decrease of 37 per cent. FACTORIES , RUNNING ON HALF CAPACITY Sears & Roebuck’s total sales for the first half of 1920 were $140,467,- 928, and for the same period of 1921, $89,451,291, a decrease of 36 per cent. It is asserted in a public statement by the Committee of Manufacturers and Merchants on Federal Taxation, which is composed exclusively of busi- ness men and manufacturers and com- . prises 'a membership of over 81,000, - that the manufacturing plants of America are running on a basis of about 50 per cent of their 1914 output. Deflation of the farmer has brought abou¥ a situation where there is no trade abroad and not much trade at home. The farmer is raising a big crop this year. Where is he going to sell his surplus? In Europe? They would buy it over there, providing we would take their goods in exchange. But a. gentleman by the name of Fordney, who occupies a seat in congress, is putting a fence around the United States called the Fordney tariff bill. This fence i built like a fish trap. It will let goods out, but it won’t let any in. Europe owes us now something like 20 billion dollars. If we are not willing to take her goods, she won’t buy from us because she has no means of payment. Mr. Fordney’s fish-trap tariff contrap- tion is an effective bar against the farmer selling his surplus in Eu- rope. Farmers may eat their corn next winter, and burn it. That’s not so bad, for so long as the farmer has corn to eat or to burn he won’t starve or freeze. But the farmer is not going to sell his corn to Europe if Mr. Ford- ney can prevent it, because if he does he will have to take some things in exchange that are similar to things which certain gentlemen in New Eng- land and some other eastern states manufacture. These gentlemen would rather see the farmer burn his corn- than to have the fdarmers trade it to Europeans for goods. CONGRESS HAS NOT HELPED SITUATION Congress has now been in session about four months. The farmer is having a lot of things done TO him but not much done FOR him. Con- gress passed an emergency tariff for the benefit of the farmer. Some con- gressmen have been honest enough to admit that the emergency tariff was a piece of stage play. It can’t possi- bly do the farmer any good, but it furnishes a good excuse for the Ford- ney bill. After “protecting” the farm- er it is then only just, of course, to protect ‘the eastern manufacturers, principally the trusts. This was the * purpose of the emergency tariff. The emergency tariff fooled some of the farmers;"but I don’t believe that it fooled many Nonpartisan league farm- ers, for the members of the Nonparti- san league have an alert and efficient press which is always up with the times and keeps its readers informed on what is doing. The farmer has taken his bitter dose of deflation and it would seem that he has had enough, but he is not through yet. There is another dose for him. In a subsequent article I propose to tell the farmers another story. This story will deal with “Taxation.” Hav- ing deflated the farmer good and plen- ty, those who made their millions out of the war now propose to make the consumers pay the taxes. COOLIDGE CALLED Editor Nonpartisan Leader: I write to call your attention to an article .written by Vice President Coolidge in the Delineator for July, 1921, head- ed “Enemies of the Republic. " He refers to the Nonpartisan league on page 39 (if I understand him right). He intimates that they are guilty of treason! It seems to me he should be liable to impeachment for such utter- ance. It also seems to me that_he could be prosecuted for using such a headmg, “Enemies of the Republic,” in referring to the Nonpartxsan league. Archer, Mont. J. J. MORGAN. EDITOR’S NOTE: The North Da- kota state government has- written Mr. Coolidge pointing_out the lies in his article regarding the state of North Dakota, and demanding that he issune a publie retraction. It will be remembered that Taft not long ago was forced to retract some of his statements about North Dakota. Here is a chance for Coolidge to prove he is at least as fair as Taft. You can, not prosecute any one for making false statements against a state, or a. political organization or party, ac- cording to lawyers, LEADER CLASSIFIED DEPARTMENT This is the place to advertlse your stock, farm machinery, chickens, for sale and auction sales; to make your wants known and have them supplied. results come from Leader Classified Ads. Rates are 15 cents per word per issue. league when advertising to sell their own pro of 10 cents per word is made. ship receipt when claiming the 10-cent rate. full rate. Ads must reach us two weeks before date of publication. ALL CLASSIFIED ADS MUST BE PAID IN ADVANCE ‘ @Epoy0 Farms — e FARMS NEAR NEW YORK CITY. DAIRY, GRAIN, potato, fruit, poultry. 752 plcinres sent free. g}?ycum Farm Agency, 141-Z Broadway, New York — e e I HAVE CASH BUYERS FOR SALABLE FARMS, Will deal with owners only. Give description and cash price. Morris M. Perkins, Columbia, Mo. SELL YOUR PROPERTY QUICKLY FOR CASH, no matter where located. Particulars free, Real Estate Salesman Co.,, Dept. 535, Lincoln, Neb. MEN, WOMEN—BUY LAND WITH CO-OPERA- tive company. Public Farm, Helenville, Wis, FARMS CHEAP TO CLOSE ESTATE. Charlson, Ray, N. N. A, leestock —_— HOLSTEIN CALVES, SEVEN WEEKS OLD; BOTH sexes; practically pure blood; $25 each, crated for shlpment anywhere, Beglstered bull calves, $50. Edgewood Farms, Whitewater, Wis. ———— s e PUREBRED DUROC BOARS FOR SALE. MARCH and April farrow; Orion breeding; $20 each. Papers furnished. = Herman Lieske, Henderson, Minn, BIG TYPE POLANDS ABOUT FOQUR_ MONTHS, about 80 pouuds, 820 Pedigreed. Henry Jan- nusch, Glencoe, Mi Plensnnt View Farm, Lumber LUMBER AND SHINGLES AT REDUCED PRICES. Farmers’ trade our specialty. Best quality. Robert Emerson Company, Box 1156N, Tacoma, Wash. FIR LUMBER, DOORS, MILLWORK, RED CEDAR shingles, Ienceposts ‘from mills stralght to you. Send_ bill for money- savlng prices. Lansdown, Box 909K, Everett, Wasl LUMBER—DIRECT FROM MILL TO YOU. BIG saving. Don’t buy without getuuz our price. J. Madsen, Sauk Center, Minn Corn Harvester CORN HARVESTER CUTS AND PILES ON HAR- vester or windrows. Man and horse cuts and shocks equal corn binder. Sold in every state. Only $28, with fodder-tying attachment. Testimonials lnd catalog free showing picture of harvester. Proce Harvester Company, Salina, Kan. Wanted to Buy WANT TO HEAR FROM PARTY WITH POWER well nmchlne for sale. Wesley White, Des Lacs, SHO’N‘UN RIFLE AND REVOLVER. M. A. NAF- talin, Fargo, Professional Schools 100 YOUNG MEN AND WOMEN WANTED_LEARN telegraphy. Salary $120 to $200 month. Earn ex- penses while learning. Free catalogue. United Rail llways Telegraph School, Bremer Arcade, St. Trunks, Bags, Suitcases TRUNKS, BAGS, SUITCASES. WHY PAY TWO middlemen profits? * Buy from factory direct. Send for free catalog. Gem Trunk & Bag Factory, Spring Valley, Il Tobacco CHEWING, 10 POUNDS, ss 20 pounds, $5. Smoking, 10 poun sz 50; 20 , $4. Farmers Union, Mayfield, BONDS INDORSED (From the Journal of Commerce, Philadelphia.) A few years ago the state of North Dakota, by due process of law, start- ed a movement whereby it could be of special service to its citizens. This service is the making of loans to the farmers, and about 80 per cent of the inhabitants of the state are farmers, while another 16 per cent of the peo- ple depend in some form or other on agriculture for their means of liveli- hood. 2 North Dakota has authorized the sale of a bond issue of $3,000,000, and the interest on these bonds is 5% per cent per _annum, and the denomina- tions are in $100, $500 and $1,000. The bonds date from July 1 this year, and mature in the years 1931, 1936, 1941 1946 and 1948. From the standpoint of security we know of few bond offerings whith can show a better and more stable se- curity than these North Dakota bonds. From observation and investigation the bonds have behind them a secur- ity which is as strong as the prover- bial Rock of Gibraltar, and in safety they compare with a United States eggs, produce Best To members of the National Nonpartisan ducts or uupplymg their own needs, a rate League members must give the number of their member- All advertising for sale of lands carries the Patents —— PATENTS SECURED. PROMPT SERVICE. AVOID dan%u"nus delays. Send for our ‘‘Record of In- vention’” form and free book telling how to obtain a patent. Send sketch or model for examination. Preliminary advice without «charge. Highest refer- ences. ~Write today. J. L. Jackson & Co., 163 Ouray Building, Washlngwn, D. C. INVENTORS—BEFORE DI‘ICLOSII\G YOUR II)EA to others write for our ‘“‘Evidence of Disclosure’ form. Send sketch or model of your invention for exnmlnnuon and advice. Ask for free book, ‘‘How btain a Patent.”” Avoid dangerous delays, erte today. Merton-. Roberl.s & Co., 107 Mather Building, Washington, D. Help Wanted SEVERAL HUNDRED MEN—WOMEN OVER 16 wanted immedlately to prepare for U. 8. government Dositions. Railway malil clerks, city mail carriers, customs _clerks, _$110-195 month, Su.n(ly Short hours, Long vacation with pay. Common education sufficient. Full list positions free. Write lmmedlalely Franklin Institute, Dept. P-48, Rochester, N. =:224b, Kochester, N Wt b ol 0 PR MEN WANTED FOR POSTAL MAIL SERVICE. Examinations scon. Salary $1,400-$1,800. Experi- ence unnecessary. Write for free particulars about position. Columbia School of Clvll Service, 338 Pupe Building, Washington, D. (. Dogs and Pet Stock ——— AI\OTHEB LITTER OF THOSE SCOTCH COLLX}L‘ ps. Males, six weeks old, $6; (‘ hane Russell, N. D. PEI)IGREED SCOTCH COLLIE PUPPIES REGIS- red, heel-working stock. Tollefson Brothers, Chrlsflne. N. D. FOR SALE—FO0X AND WOLFHOUND PUPS. $15 & pair. Not related. Louis Holets, Wykoff, Minn. COLLIE PUPS FROM HEELING PARENTS, $8 each. Jens P. Jensen, Oberon, N, D. (cmnlcs, $4. Fruits and Produce FRUITS AND PRODUCE—BUY FROM GROWER and buy for less. Apples, penre. dpmnea, peaches, potatoes, onions, A. Grower and Shipper, Cory, e CHICKS 8 CENTS UP; ALL KINDS; POSTI’AID Book free. Superior House, Windsor, ADVERTISEMENTS AIL CLERKS WANTED / FRANKLIN INSTITUTE $1600First Year ! chm;e. C{l) snmnle Railway Malil rk Examination Men-Women,o, quesulons (2) tt;cheduh;n sl:low- places next examination; Over 17 S @° il ot many government /" dobs now open. TENTS AND TARPAULINS 2,000 used -rmy tenh which were rumhnud from the U. 8. Governme Arrny tents, 16x16, each $20.00 to Army tents, 9x9, each $13.00 to Boy Scout tents, each Tarpaulins, new, 12:(!6 each Tarpauling, used, 9x15; each These tents and hrgnullns are made of 12-ounce duck, which is much heavier than the ordinary tent. BARRETT & ZIMMERMAN MIDWAY HORSE MARKET St. Paul, Minn. BEATS 16¢ GASOLINE Increases Power and Mileage 409 Amu.l lum invention. Wonderful retor, Guaranteed to re- duee ollne bills from one-half to one- tlfi::] and Incr;om powa: of any per cen Sonl on 30 DAYS® TRIAL Fits nny m;ke of car. Putonina fe\‘v) minuf miles to a gallon of guoli tionate increas ' un 'l‘-keldnve-n trial offer, Nme your car. AGENTS WANT Al . All! FllfllON C. RBUR!TOR CO Ohio men with autos. Install Rideezee, the BETTER THAN AIR INNER TIRE. Cheaper than tubes, a light wr;sment supstance ‘guaran- '@ business the BIDEEZEE COMPAN’Y. ST. PAUL.mlflNN Mention the Leader When Writing Adverthc},// ik $200 monthly and commission to T o