The Algona Upper Des Moines from Algona, Iowa on June 28, 1934 · Page 7
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The Algona Upper Des Moines from Algona, Iowa · Page 7

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Algona, Iowa
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Thursday, June 28, 1934
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The Algona Upper Pes Moines, Algona, Iowa, June 28, 1934 MRS. HENRY RICKE OF WteLEY PASSES Services Held Thursday A. M. With Many Paying Tribute Wesley: Death relieved (.he suffering of Mrs. Henry Ricke, 65, Tuesday morn- Ing after an illness of three months duration. Mrs. Ricke was born Agnes Klnas on January 21, 1869 in Hanover, Germany. She came to Iowa in March. 1887, after having become the bride of Henry Ricke on February 15th. the Bame year. They settled at Williams, Iowa, where the family lived until in March, 1903, when they moved to their present location a mile and a half south of town. Mrs. Ricke was a devout mesntoer of the St. Jog-phi's Catholic church and was a lover of her home and family, which came first In all her considerations. Funeral services were held Thursday morning at nine o'clock with the Rev. A. J. Wagener in charge. Besides her husband she leaves ten living children, namely, Mrs. Mary Tnissen of Algona. Prank of Boone, Will of Wesley, Lee of Morgan, Minn., Lawrence and George of Williams, Mrs. Clara Ooetz of Wesley, Louis. Raymond and Roman at home. Three children preceded her in death, Odelia, In Infancy, Reinard at the age of 7, Edward at 23, who died in the fall of 1918 at the Graet Lakes Naval training station while in service during the World War. Burial was made in the St. Joseph's cemetery. Relatives and friends from a distance who were here last Thursday to attend the services include Mr. and Mrs. Franke Ricke and son, Prank, Jr., and daughter, Eleanor, clem Siemer, all of Morgan, Minnesota; Mr. and Mrs. Henry Kroeger, Mrs. Christine Engelking, Mrs. George Engelking, Gus Ricke and son, Richard, all of Doon; Mr. and Mrs. John Ricke, Mr. and Mrs. Tony Ricke, Mr. and Mrs. John Coon, Mrs. Prank Bohenkamp and son. Will, all of Breda; Mr. and Mrs. Gus West and eon, Joseph of Eagle Grove; Mr. and Mrs. Henry Oetker and son, Glenn; Frank Freeze, Mr. and Mrs. Edward Freeze, Mrs. Ben Ricke and Leo, Mrs. John Walkup, Herman Drummer, Mr. and Mrs. Frank Drummer and Lawrence, Mr. and Mrs. Clem Freeze, Mr. and Mrs. Leo Freeze, Frank Oetker all of Haverhlll; Mr. and Mrs. Tony Edel and three children of Zearing; Clem Ricke, Mrs. Bemholt, Mir. and Mrs. •John Handfelt, Sr.. and daughter, Florence, Mrs. John Handfelt, Jr., Mr. and Mrs. Andrew Halmes. Mr. and Mrs. Ben Hnimes, Mr. and Mrs. Chas. Murphy, Mr. and Mrs. Ed Miller. Mr. and Mrs Henry Holdgrapher and son, Derlck, George Stacbler. Mr. and Mrs. Etosr Huffman. Mr. and Mrs. Roy Maubach, all of Williams; Mr. and Mrs. John Lutzke, Mr. and Mrs. Hugo Pape, of Waverly; Mr. and Mrs. Edward Keegan of New Hampton; Mrs. Mary Hendricks and son, Will, Mrs. Joe Bonnett. Mrs. Henry Bonnett and two daughters, Helen and Rose, Mr. Tithe, William Sherman, Mr. and Mrs. B. Ricke, Mrs. Walter Klaas, Mrs. John Trannell. Mrs. Rose Trannel, Barman Klaas, all of Menominie, Illinois; Mr. and Mrs. Leo Wirth, Mr. and Mrs. Lawrence Wirth, Mr. and Mrs. John Wirth, Fred Wirth. fill of Gilbert; Mrs. Ben Dankbar and daughter. Bertha of Garner; Mrs. Al Lansing of Festina. Tb? funeral services were attended by one of the largest groups of friends and relatives in local history. KOSSUTH FARMS AND FOLKS Lonte Smith and Edward Allen, FleH Representatives (By I/m»s B. Smith) Fred McGregor who lives on When I visited the Glen JenMnson the 'farm north of Algona, I found Glen Armstrong mail route about four milss cultvating a fine field of corn, as pood is any I have seen. _Tho cemetery known is the gypsy cemp- .ery Is located at this Sexton Scene of Social Gatherings Sexton: Mr. and Mrs. E. A. Branagan and lamily of Emmetburg were Bunday visitors at the horn., of Mrs. Branegans sister, Mrs. Essie McMahon. west and about one lile north of Swea ;ity was just, coming ] .1 from the field the ( ther evening when i i stopped ther? and rom the way It looks o me he and Jim Inrncr. his next leighbor north, are rying to see which an raise tlr? largest :lt in the shortest, ime. Mr. Harner ins a three year old gelding that weighs: between 1800 and 1900 Complete Hog Count Important in Record The mnjor Item to be listed in fnrm record books in June is the complete hog count, as of June 1. said G. A. Bonnstetter. Othor miscellaneous items should be kept up-to-rinte. He nl.*o suggested that farmers keeping the college complete records, who made late inventories, take anoth- inventory of quantities of ;lace. although the cr typ.v,' bodies ine:i removed. Mr. entorirs as of January 1 were filled out have feeds and livestock Juno 1. Wh- r ro in- rip-snorting Fourth haven't given the flftli a single thought." Tlie regular teachers' June examinations hnd been held the week provi- ovlous by Superintendent Shirley. Seventy-four KosMith county teacher? !iiid tnken the tests. Announeement had just been marie, of the mnrrintre of Ed Thnves. junior fare of the business. president, (the White House) at Washington. D. C.. before returning. C. M. Qulnby fz Son dry goods store find dissolved partnership and the senior member had sold his Interes'ji to P. A. Krnu : e of Illinois. A big closing out, snle \v:is to be held nnd fifteen extra harl been advertised for to partner of the North Kossuth Record. to Miss Georgia Sclimiit of Gormania. the evrnt having tnken plnec the piT- vi us Tuesday. John T. Bohnnnon and family had First- Lutheran Church M. A. SJostrnnil, pastor Confirmation elass on Saturday at 10 just returned the previous Friday from a. m. Morning worship next Sunday at ..................... t ........... ....... ....... !en!;in.-cn is having i in April or May. they probably nre> n pleasant trip through the east. They : 9 o'clock. Suvidav School next Sunday 'cmo wood sawed in-,"" 1 nccurnto and may cause error injiuul been shown the residence of the 'at 10 a. m. to lumber Jim rn o summary nnd analysis nt the <ml B'.n'ne with th? as- ! ° f " 1(I yMr. according to L. O. Al- 1st-vie-.? of Ray Huff, twen. extension reonnmis:. is operating t.:e tunl inventory tnken June 1 Th; Sexton Lades Aid meet tliis week Thursday afternoon at the home of Mrs. Ray Black northeast of town. Mrs. Ray Thomas and children, Iowa City are visiting her parents, Mr. and Mrs. George Olsen and other relatives. Miss Helen Wise of Plymouth, east of Mason City is visiting this week with her grandmother, Mrs. Sarah Wis? and family. Mr. and Mrs. Ansel Richards of Algona were Sunday dinner guests at the home of Mr. and Mrs. A L. Greenfield and daughter, Edith. Mr. and Mrs. Stanley Gardner and little daughter. Donna Jean of northwest of Algona were Sunday visitors at the home of her mother, Mrs. Mary Huff and famly. Mr. and Mrs. Harvey Steven and sons Wilbur and Everett and Mrs. Charles Aman all attended the annual Clapsaddle reunion held in the park at Fort Dodge last wsek Thursday.. Mr. and Mrs. Eldon Harris and little son, Lowell, of St. Charles, Illinois. cam e last wesk Thursday and visited with his mother, Mrs. Ida May Harris and other relatives. They left Sunday morning. Mrs. Ida May Harris, daughters Marie and Mary and Mr. and Mrs. Eldon Harris and little son, Lowell of St. Charles, 111., were Saturday evening supper guests at the home of their daughter and sister, Mr. and Mrs. Homer Anderson and family in Algona Mr. and Mrs. Oscar Hammond of near Wesley and Mrs. Amy Smith of west of Sexton drove to Swea City last week Wednesday and visited over Thursday at the home of Oscar's parents, Mr. and Mrs. Ed Hammond and family and with his brother. Mr. and Mrs. John Hammond and family. Mrs. Henry Hawley and daughter, Naoma DeWilde and the letter's little daughter, Constance Joy of Mason City came last week Thursday to visit at the home of Mr. and Mrs. B. E. Sanders. Naomi returned to Mason City Sunday evening, but Mrs. Hawley and Constance Joy remained for a longer visit. sister also owns one of the' calves so | fa ™' Mr - Gould was not. home so did of course that cuts Clifford's herd | not &? a chance to meet him. How- Her dream to look like Brooksie/ c'.andy spring colt for which they were adjusting a halter when I was there. Mr. McGregor has a two year old colt An ac^ . will aid ; 9\v. There are. some Rrrntly in arriving at a more correct luite large logs which estimated inventory for January 1. Glen figures are T -" :i: ' 1{1 R count including pips far- pounds p.ii'd"a !rom 35 ° to 2°° years old. rower! nfier Drcpmbnr 1 nnd on hand In my travels I stopped in to see P. A. McArthur, who lives northwest of which will tip the scales right at 1600. A 'gona. I noticed h? had a nice looking field of oats just norUi of his Go to it, boys, I'll be back to see them again some time next winter. Fred's boy, Clifford McGregor, showed me his 4-H calves of which he has six of the slickest I have yet seen. Clifford's grove. I believe this is as good if not the best of any I have teen. —o— When I caFed at the Ben Gould down to five. The largest calf Is just a little over a year old and weighs 960 pounds. Arfchte iDiteworth who lives a few miles northwest of Swea City, was testing out a new way of taking a turkish bath the other afternoon when I stopped there. He and his man were putting a new hay rope In the- barn. Archie was up In the peak of the barn putting the rope through the carrier and If you have ever tried that job you know most of us would do more than perspire. Although a little hot under the collar Archie was In MIH humor when he got down and ready to talk business. While out in the country north-west of Swea City, I stopped at Louie Thorson's potato fleld where he and the boys were busy killing weeds of which there are pl-snty since the rain. Mr. Thorson has between 30 and 35 acres of potatoes planted besides which I noticed some onions and other garden truck. The fteld of potatoes looks fine and are of a nice dark green color. Mr. Thoreson said that a few potato bugs are hatching out but thought he would . . wait till the second hatch and then !„*„ °T; spray. In other words, he's going to "kill two bugs with one stone." —o— Dewey Anderson, who lives in the neighborhood northwest of Swea City was plowing corn the other afternoon ever, I made the acquaintance of Mrs. Gould. — o— Stanley Gardner, Chester Bailey, and J. M. Rich are among th? many good farmers out in this vicinity also. E. AL Stoffel wa> just rating dinner when I happened along. I did not want to bother him as he was busy so was soon on my way. The Ross Cook and E. J. Titus filling stations on No. 18 at the northeast edge of Algona apparently wer? doing business in the usual way. Mr. Cook himself happened to be away and I say E. J. was busy so will see yoh again, boys. — o — A. J. Slagle was busy repairing; hay slings therefore preparing for the hay crop, when I visited him. — o — Wm. Etherington, George Miller and Clark Scuffham are among the busy farmers of that section. Mr. Miller has a piece of ry-i that is starting to jipen, harvest, time is on the way. As I came along; to the Plum Creek .Juno 1. Mr. Albnugh said, is required in the statement, of "proof of compliance" with corn-hog contracts to be made next winter. Mr. Albaugh suggested that farmers signing the corn-hog agreements make certain that all data back to December 1. 1933. are listed In tho AAA record book. The complete business record may be kept from the date of inventory, but for proof of compliance It Is necessary to have hog sales, purchases, farrowinps. deaths, nnd those ustd for home salughters listed from December 1 through the year. f f 1 X f ° und •» •• ** Mnrmger. Mr. It's the dream of hundreds of thousands of cows to look like Brooksie, for Swift's Brookfield Butter is carrying her picture into millions of homes. Swift's Brookfield Butter, Eggs and Cheese and Swift's Premium Milk-fed Chickens and Golden West Milk-fed Fowl, are shipped in refrigerator cars with our other foods to more than 35,000 consuming centers. The same Swift 8s Company salesmen who sell beef, pork, lamb and other meats, also sell butter, eggs, cheese and poultry. Instead of a dozen trucks being used for the delivery of a dozen products to a store, the same truck is used to deliver all these products to a store. The Swift method lowers distribution costs. Over a period of years, Swift & Company's net profits from all sources have been only a fraction of a cent per pound. We buy butterfat, eggs and poultry. Sell yours to Swift & Company In daily touch with more than .35,000 consuming centers of meats, poultry and dairy products to tbe 1934 Ccatwy of Progrca* arc cor(U*Uy iuvitcd to viait Utc "Sanit Bri<l«c of Service" UK) Ibc Swift Flout at tbc Uuiuu Stock Yaid«. and as the weather was pretty warm we had a littl-? /is'.t by discussing the outlook for crops and prices and as I have been over a quite a bit of the country this spring and summer and heard repcrts from men from other states, I told him as a man from the north-central part of Minnesota told me a couple of weeks ago, that we arc- Hying in a paradise and don't appreciate It. Look around yourselves a little folks, and see If this Is such a bad old county after all.! It looks to me that the biggest shortage outside of cash will be In small grain and hogs. Oeorre Doocy and fawlly were Jiwt coming out of the house after supper the other evening when I stopped tr-:re and as most of the Doocy's In the county seem to be subscribers to our paprr I asked him how he would like to get in the swim. He said O. K., he would try It and then remarked that he had five boys growing up who will no doubt be good subscribers to our paper as their father and uncles are now. B. N. Oleson, who lives three miles west and one mile north of Swea City was putting new spark plugs in his tractor the other evening whfn I stopped there and from the looks of the old plugs it sure n-reded the new ones. Bert is one of the few who are having exceptionally good luck with hogs this year. He has a bunch of spring piRs of which there is very litlle choice be- twren which is saying quite a bit considering the number he had in the lot. WMln driving througli (he country about .six miles northwest of Bancroft I aopped in to L. O. Batten and family as an excuse of course to see if Mrs. Hattni had one of her fine apple pies handy, but I lost out. Gu n fs the family must like those pits pretty well, too. Henry Sohauberg-er, son of Wm. Shniiberger. northwest of Bancroft, hart a pleasant surprise Monday evening, on June 18th. About 70 friends of Henry and families dropped in to c.lebrate hLs 20th birthday, file evening was spent with games of al] descriptions and topped off with a fine lunch. —o— T. R. Dnocy, who lives 5 miles north and a mile west, of Bancroft was not home the other day when I stopped there, but Mrs. Doocy and the childr-n were home so I enjoyed a pleasant visit. I noticed the little fellow was t-at- ing watermelon. Don't know whether it was home grown or not but maybe if I stop there in a month or so I can coax one of the boys or girls to tell me where the patch is. —o— Fred Ubben who lives a few miles southeast of Lakota and his man were putting up alfalfa hay the other day. Fred muH have a lot of hay ground because the barn, which is large, se-.'-m- <d to be almost full. Of course, they were busy so I didn't delay them long. Just long enough to enroll them in with tlie rest of our large family of subscribers. taking in some corn thit day. A. E. Hopkins no-'heast of Algoni up through the timber, stopped to chat a while, while the horses were resting as It was pret'-y hot that afternoon. We :alked about this, that and the other thing and at least gst acquainted anyway. See you again, Ed. Wm. Altwegsr and his son were cultivating corn when I called. Mr. AH- wegg says the we?'!* are sure doing their stuff since the rain. When I stopped at the farm of Mrs. John Kain one of the boys said he had just had a little break down with the tractor, of course causing him a little delay. One day last week I «toppnt at the Henry C. Nelson farm. Henry was sure doing business. Had a couple tractors plowing besides using horses on the harrow and was I lucky, just lunch time. Of course I enjoyed a doughnut or two. Well my tune Is up, having called on quite a few who were not at home which of course I did not get to s.ee, am calling It a we'->'{. (Taken from the flies of the Upper Des Moines-Republl^an for Iho week of July I, :914) Twin boy-* had been born to Mr. and Mrs. Lloyd Vipond on the previous Saturday. Three conventions had been hrkl t he- Saturday before in Algona—the republican, democratic and progressive. Andrew Peterson had just purchased ;he Swea CUy elevator, known before ns the Mlddl-e and Charles Kinney elevator. County Attorney E. J. Van Nes.= had tone the previous Monday to El Reno, Oklahoma, on business and also to visit his father. Taken from News and Comment: "A good many fellows who are planning a Congregational Church An outdoor service for both the Sunday School and church is being planned for Sunday morning, July 1st, at the Blackford Park at 10:45. Transportation will be furnished for all; the automobiles leaving the church at, 10:30. After the service a picnic dinner is to be served. Bring disht-s and food for family's needs. In case of rain .services will be held in the church with the picnic dinner following. By the way, I was down to the Algona Rendering Works last Saturday afternoon to check up and visit with W. A. Vigars. the manager. Found Mr. Vigars doing a thriving business and in fine humor. Luck for me after the tpeel I gave them a couple of we^ks ago. Well, anyway, I succeeded in gettng him to subscribe for our paper and you will see his ad, "We Gel 'Em." dead or alive. I don't know which in the classified ads tills week. THEATRE CHATTER § (By Edward Allen) While out in the vicinity of the Good Hope church. I made the acquaintance <Jf Rev. Allen Wood, past;>r ot ihe church, a fine man and hii> congregation, has a fine pastor. When I stopped at the B. F. Mil- tug farm he was bu^y cultivating corn. i<j we cut our visit short, as the corn LS growing fast. — o— While north of Alg*uu I stopped in at the Georije Bovvers place; their c.un is tusaisting W'L the farming. —o— Walter (irubb jut>t north of Alguuji is also one of our new subscribers. \Vil iam rowen may fu.nlsh tlie title Tor the picture in which he is appearing this evening at tlie Call Theatre, Thin Man," but from what we have observed of Myrna Loy, who plays the leading feminine role, it would be enough to keep any man thin were hf to worry about keeping that beautiful leading lady looking in his direction. One more night here, this evening. A benefit picture Is being sponsored by the Veterans of Foreign Wars, Friday only, Richard Dix in "Ace of Aces," a good, lively war picture, with plenty of thrilling ariplane shots. It has been some time since a real air picture came along and this one should take in right royal fashion. • * * Saturday's double program brings Eddie Cantor in "Kid from Spain." and Jack Holt and Fay Wray in "Black Moon." The "Kid from Spain ' is a revival, brought back because of public demand, and "Black Moon," is a feature in itself, ideally suited to Holt and Wray. Next Sunday and Monday. Wheeler and Woolsey, those goofy comedians, who made "So This is Africa." will be back in "Cockeyed Cavaliers." You know they're cockeyed before you get inside ihe theatre, the only question being as to how cockeyed ihty will be. Thtlma Todd lends pulchritude to the feminine side of th e cist. As usual. Whtfcler and Woolsey grt in and out of more scrapes ptr minute tuan even Max Baer. Jiiixmv Dinuute and Lupe Veiez in "Joe Palloka" art- the Bank Night feature, next, week plus the usual new:, and comedy and may be a short cr two. You never know when you go into the Cull whether you'll get ou! at tli- utual 9:15 p. m. if you see the- fu.*c. show, or 10 p. m. There's plenty ol always. Ben Ueruie ^topped off at Clear Lake on ins way fruin Hollywood 10 tite lair in Chicago, to play u cuiic-- He Lad just finished working m • Sin.'-.. tiv- Works." with Jack Oakif. Well, the- show is coming he-re iicU Wednesday. July Fourth. It will be t:ie feature on the big holiday bill wincu Manufcer Rice liiu> arrtUHied. Twenty Years Ago Neivs Repair ^ Repaint Rebuild NOW Every home needs constant repairs and upkeep. Find these needed repairs and get. busy on them. They will never he done for less money than today. Talk these matters over with ns. No obligation on your part. F. S. NORTON & SON Alpona, Iowa. Phone 229 vwvrvww^rwvvvwwwvvhrw The Farm Credit Administration Excerpts from a Speech by F. A. O'Connor, general counsel for the 8th District before the Iowa Bankers Association . . . every FARMER should read this: "I need not, in this presence, dwell for a moment even upon the place of agriculture in this republic, and especially less need I dw:-H upon it in speaking to the organized bankers of the greatest agricultural state of the Union. "You men before me today have viewed the Iowa farmer in every stage of his kaleidoscopic career. You have seen him at the dizzy heights of spurious affluence, nnd you have viewed him in recent years, reduced to a role akin to peasantry. And gentlemen, so dependent is the Iowa banker upon the Iowa fanner that a picture of an Iowa banker is a reflected portrait of the Iowa farmer. You sailed up with him, and you have sunk with him to the almost bottomless pit of despair and destruction. "So as I view it, the farmer'* problem is your problem, as wtll as the problem of every other citizen of the state. The Iowa fanner is deeply concerned in two things, first, to preserve and own his home, and .second, a system of credit that will enable him to finance his operations, thereby giving him livelihood and ultimate security. *•* "Then it was that forward looking men enact'd new laws and agen- CH>-, which, with existing institutions were coupled together by act of congress and denominated the Farm Credit AdniiniMration. I wunl to .sjx'ak of it briefly—of i'.s aims, iUs purpo.v.s. and to .sjx'ak briefly too, of its luuniiiittruiioii in the country and particularly in the Eighth District, the Omaha .sot- up, oi wliich Iowa forms a part. "Tlie set-up is comj)0it'd of four banks, namely—the Federal Land Hank, the Federal Intermediate Credit Bank, the Production Credit Corporation, and the Bank for Cooperatives. "The function of the Federal Land Bank is to loan money to fanners and lajid own.rs, secured by first mortgages for long periods of tune at a low rate of interest, and amortized payments yearly which will liquidate the debt within the maturity period. "The Federal Intermediate Credit Bank is what might be termed a wholesaler of credit. It loans money to finance companies, wh/j in turn finance live stock industry in all its phases. It also loans money direct, and it is expected that it will rediscount the paper taken by the Production Credit Association. It has been in operation since 1923, and has made a marvelous record. I', acquires funds only from the sale cf it* own det>.mures to investors in the own market, and it may surprise you to know that the debentures of the Federal Interinediaie Credit, Banks of this country ar.- sold at the lowest rate of any paper 011 tlie Amerkan market, goiem- inent bonds not txceuted. TliL-. bank, in the country at large, ha^ loaned nearly a billion and a half dollars, all of which was st-cured by a sale of U> own debenture with practically no loss. It luniiihes money to the Production Cr'.-dit At- bociations. and other borrovx-;>. at the r-iasonable rate of '.wo per cent. "Tlie Production Credit Assucia- liuiis are set up in units of five or six counties. In Iowa, we have s*'V- eiitecn Production Cr till Association clistm-U. It was wr.hm the contemplation oi congress v.'hen !:.<-• law Wa^ ellacU-U li.al '.hese '.iis.jCia- tiuns would take CJU.T thf Ht-g.'ji.a. Agricultural Cr ml Corpora.: ion Imiclioiis, alid be a i>-nuuiic-iii -:u- CJjCratHe UlMUUtioi:, thut WOU.U Ije within reasonable distance to all borrowers, and that would afford funds to rarmers desiring loans upon the ordinary chattels on the farm. The initial capital of tlKse associations is furnished by the government, and the fund Is maintained by a resale of the farmers' paper to the Intermediate Cir-dlt Bank, which in turn Is capitalized Initially by the government, although tho latter bank nius through Its operations added materially to Its coop?rate structure. "The Bank for Cooperatives— its function is to furnish capital to all typos of farmers' cooperat'vo organizations, the two principal examples In the state of Iowa being farmers' elevnitors and farmers' creameries, although money is lonn- ed to any other form of fanners' cooperative organization, such as the handling of beet sii'?ar, grapes and other industries. •*• "The P;-deral Land Bank, of cour.-e. Is the big unit of the administration. It has been in operation .since July, 1910. You are reasonably familiar with its operations. ••• In this time of crisis the Emergency act of 1933 was enact-" d. What remedy did it offer? You. n.s bankers-, know that the funds loaned by the Federal Land Bank come Irom the mlc of Its own bond;;, secured by its mortgage loans. Neci'ssaii- ly tiie.se loans must bo .soundly mride. if thr bonds are tu find buyers to provide funds, otlicrwi.se the fund would dry up at its source. *** "Therefore, congress provided for what we call the Land Hank Commissioner's loans. The fund out of which these loans are made is a direct appropriation out of the Unit- i-cl States treasury—two hundred million dollars was first voted, and since May. 1933. this has by en increased, to eight hundred million dollars. The primary purpose of this fund contemplated that it be used according to the government regulations, to save the farmers of the nation in so far as it was possible u> do so. "Said funds can be loaned on either firs: or second mortgage .vcuri- ty. only upon the condition that out of the loan the applicant will liquidate and settle all his debts. It, may be loaned upon a second mortgage subject to a first mortgage h- Id by me on*' other than tiie Federal Land Bank. "• "The law authorizes combined Federal Land Bank loans and Land Bank Commissioner loans, up to 75 per cent cf UK- value of the land and buildings, with a limit of $7500 in land bank commissioner loans to any one individual. "What yard stiek did the Federal Land bank employ in 1U33? Land hud no market value. Fear swept over the agricultural area. Hope was dls- apl>-aring from the farmer's heart. Every land mortgage other than the Federal Lai.d Bank had taken to tlie so-called tall and uncut timber. Thty were panic stricken, and gave •:.\pr.Siioiis ;o their panic by declining to renew loans or to make new loans, and by wholesale foreclosures. "At tiiis tragic moment in the life of tiie American tanner tlie Land Bank look that mighty constructive step which en:Hits it to the gratitude of farmers and bankers and c'. ery interested American, in any way dependent on thv farmer. After a compre::eiwjve study oi the i-inn pj'oblvm. co'.ermg 135 years. lii the United States, an analyc-l.-. oi | tr-.-i.u::, beioiv and alter wars and in pc.i i'-H-Li cf ciepi c^.loii, a^ Weil u^> in Algona National Farm Loan Association II. 1). lliilrlniis. Si-cy-Tivas. 17'-. K. State !St. normal times, it decreed that increased loans should be made and for such purpose land should be appraised at Its normal value, and then determined that the period from 1909 to 1914 represented tho normal period In the life ot American agriculture, and values should be fixed accordingly. *•• "Tho government has a right reasonably to expect, that Its loans will be repaid by a re-vivlfled and reincarnated group of American farmers. **• "It may not be newa to you to hear that in this as in other fields the 'cluselcrs' are not wholly absent. Those who start foreclosures in the belief that pressure will be put on the land bank to extend, It- .self and make unsound loans, with the cry that the farmer mortgagors must be saved, Is one pronounced cxampk-. If anyone thinks the land bunk of Omaha is immune from every kind nnd form of raid, he la an unsophisticated amateur. "And there are. attacks upon and criticisms of the Bank? 1 reply- yes, oceans, mountains of them. ••• "Possibly some appraisals were too low", and certainly some too lii(,'h. If the appraisaols are too low as u basis of .sound value, why does not .some other loaning agency in the country invade the fi-"kl and L'lve relief to the farmer? The vaulto of insurance companies and trust coinpunii's are loaded with mo- iit-y, .'*•. king Investment, and real ••state is it legal ivcslment for such UiiKi;,. If thost' who criliciae the land bank .so .severely because of low appraisals are cornet, there should b:.- no difficulty in rinding other sources from which funds could be obtained. Human nature is much the .same, and one of the proofs of this fact Is that quite universally men are disposed to be rather generous with other people's money. Tills is especially true with regard to fcov- eriuneni funds. Millions of otherwise very line citi»-.u.s are quite willing to distribute the government's funds generoiuly among their neighbors. **• Apparently no other organization luis sufficient faith to loan its money on Iowa farms on any terma. H>, nee those charged with the reijwfcibUity of lu-ming government lunds should be supported in their effort to determine values and commitments that will iitford reasonable expectation ol payment. "ft should be remembered that criticitm and charges again-t the bank should be based upoa a knuw- ledge of all the factors I think ninny honest niiiukd men have found fault with the Omaha bank where there has b.-en luck of knowledge of the iiuiidt; operation ••• "I do not speak lor iht president of the United States or tor any ol- ficer of the Fiirm Credit Administration in Washington or in Omaha, because I liave no right to do t>o. Wliat I say is for myse'l' alone. It is my own opinion and I ttand upon it. "' "Tlie Farm Credit Administration U a mighty instrumentality, sc r . up no;, for a day, nor a year, nor u decade, but a cooperative credit institution to help hit agriculture to a place of permanent self-^ufficeiicy. It, ixpi uienU a heroic effort to ln- sme stability t.j tlie giviUett calliii;; in America--Agriculture. U should Jjot I>L- ijiiide the foot ball oi poljlicj or politicians. Criticism thould be HLV .mil frank, but it iJiouki be bui- • d on lut't^. And it incompetent i r u:.Ji'--iit;.t men aiv holding Jobo tiicV ^Ji0.i:U bv-

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