THE OMAHA SUNDAY BEE: MARCH 10, 1015.
LAND BANK ENDS
FIRST YEAR WITH
GREArSIIOWING
Omaha , Financial Institution
Makes Prof it of $25,000 Duo
1 ing First Twelve Months
of Operation.
The Federal Land bank of Omaha,
in the one year it has been in opera
tion, has put out nearly $7,500,000 on
farm mortgage loans, has a lot of Lib
erty bonds and farm loan bonds on
hand, and besides shows a net profit
for the rear of $25,544.90.
The first years business of this
bank closed March 7. The first birth
day of the1 organization was celebrated
March 8. V '
At the close of business March 7,
the bank showed the following re
sources:.; '" .; -,''.'.'' ;'
Farm mortgages: Jowa', $2,705,150;
Nebraska, $2,741,440; South Dakota,
$1,813,550; Wyoming. $210,600; Lib
erty, bonds on hand, $12,500; farm
loan bonds -on hand, $65,575; furniture
and fixture!; $14,664; abstract deposit,
$10; cash on hand, $50; cash in banks,
$638,046; total, $8,2001,581.
The liabilities were:
Capital) '
, V. 8. sorcremtnt if H0.7
AIAIIVNII Iftlfll mvh AMU....... llffi'lV
tadivtdiwU IMS
IU Pr cent (arm loan bonda out-
tandlnf .....a 7,000,807
Do borrowers
42.37S
Mil
4.071
15.144
Payments (principal) . mortsat
loana ......... .,
Subscription lot farm loan bond
(nftaaelfnad) ........ ,
Profit, leu expend it urea
TotU ...................... ....l,I01,tll
Under the federal farm loan act the
bank was organized a year ago with
the following officers:
President, D. P. Hogan, Massena,
la. vice president, Joseph. M. Carey,
Cheyenne, Wyo.j secretary, Frank G.
Odell, Omaha, Neb.; treasurer, B. D.
Morcom, Sioux Falls, S, D.; di
rector. Warren C Baker, Mitchell,
S. D.; attorney and registrar, Merton
L. Corey, Hastings, Neb.
V Develop Organisation.
The officers were confronted with
some tremendous problems at the be
ginning of the year's work. They
had but little more than the copy of
the federal farm loan act upon which
vto begin their operations. They were
required to develop a workable or
ganization, not to handle a few loans
gradually, but to perfect such an or
ganization a could promptly yet con
servatively supply the fair demands
ade upon the institution by progres
sive farmers throughout the states of
our district, Iowa, Nebraska, South
Dakota and Wyoming.
The following table shows by states
the number of local associations
which have been organized and those
which are in process of organization
to. make applications for loans:
tataa or District - Oraanlied. OrtaoUlnc.
Iowa , to ii
Nebraska
til
(1
South. Dakota. .....10
ti
sol
Wyoming ........ IS
VoUt 4 ..............,....m
; Loans By States. "
Loans made by the Federal Land
bank of Omaha during the first year
of ks operations have been by states
is follows: ::
...tS.TSt.llt
TEE HOUSE OF
MENAGE
The Store for Gentlewomen '
1613 Farnam Street. . .
Invites You to Attend the Revue of
.Authentic
Spring Fashions
Women's
'1a T Be BtU at ' . BBS
TheEM PRESS THEATER
. Mon., Tues., and Wed.
March 11-12-13 V
Afternoons and Evenings v i
' ' Copied models from the follow
ing French houses: ; ' " '
: Callot,- Cheruit, Jenny, ; Premet,
Paquln Lanyln, Frame Rolf, Geor.
gette.
v 1 J
Original Models
From
: Michael
:
5 Beautiful Mannequins
, m Striking. Setting .
J' ill r;
" OKA CNB . .
iectures in His Inimitable ,Way
mm
Nobraaka S.T41.440
South Dakota, 1,I11,J60
Wyoming 110.(00
Total ST.MO.no
The federa! government furnished
only the initial capital for the federal
farm loan system. . As loans were
made and mortgages executed to the
Federal Land bank of Omaha :- in
amounts aggregating $250,000, these
were deposed with the representa
lives of the Federal Farm Loan
board and after the securities had
been appraised by the Federal Farm
Loan board bond issues were author
ized for each' series. The bond issues
of the Federa,' Land bank of Omaha
for the first year aggregate $7,000,000.
Part of these bonds have been sold
to the United States treasury and the
remainder to investors large and
small throughout the United States.
RUSS AT PEACE
WITH ROUMANIA,.
JORMERXOMRADE
, . (Cootlnaed Trma - Pais Ou.)
the arrest tf King' Ferdinand of Rou
manian , . '
Other provisions pf the treaty are:
The evacuated places are to be oc
cupied 'permanently by- Russian
troops. -;!
Local authority will be invested in
local self-governing bodies.
In every town militia will be formed
from the inhabitants of that town for
defense of the interests of the popu
lation. (
All Russifn prisoners and all those
arrested for political reasons will be
released. ' .'
An international commission with
two Russian and two Roumanian rep
resentatives will be created to take up
points of conflict between the coun
tries..- ;' -
Roumania will have the right to
leave detachments in Bessarabia for
the defense of Roumanian property
and inhabitants residing there.
Eussian War
Party Sets Up
v J ; New Republic
(ContlBacd From Para On.)
of the war. Ke was expelled from
Europe for preaching peace and ar
rived in New York on January 14,
1017 tint rtnmA n Puaai ! Anrtl
after the overthrow of the imperial!
government.
Lenine Denounces War.
The evacuation of Petrograd by the
government and the populace . con
tinues. Most Of the population are
reported to be indifferent to their
fate. Lenine has denounced those
who oppose ratification of the Ger
man peace, claiming that a revolu
tionary victory will come from the
peace. M. Bibenko, the bolshevik
commissary of marine, i hat disap
peared.
Premier Lenine and Foreign Milt
ister Trotzky are the signers of a I
message sent out by the Kussian gov
ernment wireless ordering the bol
shevik representative in Sweden to
have no dealings with the "German
socialist imperialistsThe message
reads: . . ,
"We cannot negotiate with' strike
breakers such as the partisans of I
Scheidemann (the German majority
socialist leader, who are traitors to
the working classes." - ,,
Apparel
rwrr- m I a
: II
r ii i mi
Lone American
Sentry Drives
Off 40 Teutons
(Cntiaad Fraia Pac Oae.)
certainly did not wish to be discov
ered. They cut the American wire with the
greatest caution, making no noise, but
the sentry who. later drove them off
was watching their performance all
the time. . . r
American troops in the ' sector
northwest of Toul have been sub
jected for the first time to sn attack
with, liquid fire. Enemy troops car
rying flame projectors were just open
ing the attack when an American pa
trol, which happened to be near by,
fired on them. The Germans fled
precipitately, pursued by the Ameri
cans. They cropped four projectors,
two of which were flaming The
Americans went into action so quickly
that the enemy had no chsnce to light
the other two. No damage, was done
by the Karnes. - The projectors lay
in No Man's land for three days.
Early this morning they were brought
in by an American patrol. All had
been punctured by shots from the
American irencnes.. s,
Movies of Flame Projectors
Late this evening the projectors
were taken to headquarters. - They
were strapped to the backs, of the
men who brought them from No
Man's land and moving pictures were
taken. They are of a type, long fa
miliar on the western front." '1
Late this evening the enemy bom
barded American positions, heavily,
but without result' ?
On the Lorraine sector, as on the
front northwest of Toul. the Ameri
can aftitlery is showing effectiveness
and accuracy.. Its shells are register
ing weir on points back of the enemy
lines, especially on crossroads.- bat
teries and working parties.
' Because of a new but probably tem
porary rule, it is not permitted to dis
cuss American casualties, no -matter
where they occur. : ' :' .:'-'
v
- i- i
SLASHING NERVE OF SAMMIES
Makes No Difference What Are the Odds, .
Americans Promptly Bust Into Germans. ,
WINS ADMIRATION OF FRENCH
(By AaaocUtad Freaa.)
Washington, March 9. German
troops in the attack in Lorraine, on
the night of March 4, twice gained
a footing in the American trenches,
only to be driven out in fierce fight
ing. An official dispatch today trom
France eivinir an account, said the
Americans showed a rare quality of
courage, self possession and calm
bravery, which won them the admira
tion of the neighboring French troops
and the hearty congratulations of
the French hi eh command.
The Americans engaged were the
latest to enter the trenches, going into
train with the French. First news
of their presence on the battle line
note in the French official statement
of March 5, which told of their brave
conduct - in repulsing the Germans.
Today's dispatch, which gave . the
first details of the fighting, said: s
"After a very heavy artillery
preparation, including shells of all
calibre, which completely demolished
the ground of the sector, a strong
attack was made upon the positions
occupied by the Americans. A few
of the enemy succeeded in penetrat
ing into a trench, but an energetic
tnd severe counter attack threw them
back in confusion. 1 ..'
"Meanwhile another .section suc
ceeded in cutting the barbed wire in
front of the positions where the fight
ing was going on, but they also were
quickly dispersed by the precise firing
from the rifles and machine guns.
"A third company finally succeeded
in stealing its .way into the lines
and attempting' a flanking attack,
which was on the point of success.
Here especially the Americans gave
proof of splendid energy and a morale
i' : . . -,- .. . ... ' . ' ' . . . . .. . , 4 .. . Ill
Our formal shov Fashions
will be presented to tile omen of Omaha
Monday, March eleventhv and Tuesday, March twelfth
.- . .
It is a most comprehensive exhibition pr
v distinctive
Millinery
Tailored
Suits
Your attendance is cordially
THOMPSON
beyond all praise. Almost entirely
surrounded, they did not dream for
one instant of surrendering and .their
efforts to extricate themselves were
so determined that they succeeded in
displacing the enemy without leaving
a single prisoner in their hands.
"The same - date towards 4:30
o'clock in the morning, an American
patrol of four men and one sergeant
encountered an enemy patrol that was
cutting the-barbed wire and-which
was composed of nine . men. Giving
proof this time of splendid offensive
qualities and without considering
their numerical inferiority the Ameri
can patrols threw themselves upon
the adversaries and after a. furious,
combat succeeded in putting them to
flight brinking back with them two
prisoners.
"In the attack and hv the defense,
the American soldiers assumed, the
brilliant place, which they intend to
hold among the allies armies.
Sheriff Says He is Not
Conducting Hospital
Health Commissioner Connell Sat
urday ordered Sheriff Clark to hold
for his orders four'women who had
failed to pass physical tests at the
city jail. Clark ill: disregard the"
order, he said, as it js not within the
scope of his ofike to hold as pris
oners women not regularly commit
ted by the court "I am not conduct
ing k hospital," said Sheriff Clark;
New Persian Cabinet. ;
Washington. March 9. The Per
sian minister today informed the State
department of the personnel of the
new Persian cabinet; which is headed
by Mostovif-El-Mamalek as premier.
' 4
Si' "
: i ;
character-displaying
Dresses
-fabrics -Accessories
BELDFN v;m
HALF BILLION BY
SCHOOL KIDDIES
IN GARDEN VORK
President Wilson, in Letter to
Secretary Lane, . Urges' That
Children Take Active Part
This Summer.
Washington, March SKPresident
Wilson, in a tetter to Secretary Lane,
expresses the hope i 'that "every school
will have a regiment in the folujiteer.
war garden army the army otscnool
children that it is estimated mayraise
this year produce valued at $500,000,
000. ( -f -"- .'-
The president's letter saidl
"I sincerely hope that you may hi
successful, through the tureau of edu
cation in arousing - the interest., of
. t 1 1 1 .1 ' ' ! I '
icatucrs ana canarcn in ine scnoois
of the United States ill the cultivation
of home gardens. Every b6y arid girl
who really sees what the home Jirden
may mean .wil)," I am sure, enter into
the purpose with-hlgh spirits, because
they would all like to feel that they
are in fact fighting in France by join
ing the horn garden army."
"They know. that'America has un
dertaken to send meat and .flour, and
wheat and other foods for thesupport
of the soldiers who are doing the
fighting, for the men and women whj!
are making the munitions ttnd for the
boys and girls of western Europe and
that we must .also food ourselves
while we are carrying on this war
The movement, to-establish girdehs,
therefore, and to have the children
work in them is just as real and pa
triotic an effort as the building of
ships or the firing of cinnon. I nopfi
A t
-
-Coats -Blouses-
invited
that this 'spring every school will have
a regiment in the volunteer war gar
den army." .
It is Secretary Lan'e idea that is
being worked out through Commis
sioner Claxton of the bureau of edu-.
cation to have 5,000,000,000 boys and
girls of the schools in every city, town
andvillage fn the country,.' captained
by 40,000 teachers, produce as nearly
as possible all of the vegetables, small
fruit's and eggs for their home consumption.--
-
Lee Magee, Star Outfielder,
. Sold to Cincinnati Reds
, St. Louis, March 9.Lee Magee, in
fielder, was released py the St Louis ;
Americans today to the Gncinnati
Nstiopals. A three-cornered trade was
involved. , ... .
' "lB7returnfor Magee thi t. Loui9
Americans receive from Cincinnati
Tirtt G- Hendry jutfielde-f-the New
Ycift Americans willTget 3 i'player,
ietnef from' the Cincinnati Nationals
or from the St. Louis Americans.
1 Magee . was obtained, from -the New
?ork Americans ain July, I9l7i. New
ork obtained him from the rBook
lyn Federals., wheri the. war -with the
Federal league ended." Magee's salary
jast year wa-$8,500; He-was offered
less man ?,uuu lor xnij season py
the St. Louis Americans a.nd has not
yet signed a contract
Sinn Feints Arrested
(AfteriSeUure of Pigs
London March' 9. Diarrhii Lynch,
Sinn Fein "food 'controller," was ar
rested Thursday, in" connection with
the recentommartdperijig of pigs in
Irelind, ' according to an Exchange
Telegraph dispatch from Dublin.
' American Aviator Killed.
San'Antonfo, Tex.,' March 9. Lieu
tenant Leslie p. Chandler of Hinsdale,
111, was killed jn an airplane accident
at Kelly field early last night Cadet
Hinry K. JIuber, in the plane' with
him, escaped with alight injuries.
m