The Alliance herald. (Alliance, Box Butte County, Neb.) 1902-1922, October 19, 1916, Image 16

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    i! '
i !
t
I !
if.. v
RAILROAD TOPICS
T. Cone, superintendent of the
Sheridan division, wri In Alliance on
ipany business, Wednesday.
Nn. Highland of Los Angeles,
Oallf.. Is visiting at the home of DIs
imtcber and Mra. A. J. Welch.
Mrs. W.'V. Tultt expects to leave
tt the pant when? ah will spend the
jrinter with her parent.
Mrs. J. M. Johnson and children,
family of Urskeman Johnson, have
.returned from Deadwood for the
winter.
L. II. Moaner, who la on a vaca
tion, expects to go to Rueblo, Colo.,
Mid Visit Assistant Superintendent
I. A. Rneey of the T. R. O. Hallroad
Oompany. He also experts to vlalt
n ft ranrh near Rallda, Colo. Mra.
Kosher acocmpanled him.
Friday afternoon ab mt 2 oYlork
the Burlington fire department was
called to the shops on account of a
re. It was thought at first that the
whole roof was on Are, but throur.h
the faithful efforts of the boya It was
oon extinguished, and It was found
that only the tar paper on the roof
had burned, with the exception of
alight damage to the flues, from
which the fire was caused.
The father of Operator Hellman at
.Tbedford was overcomo with heat
while helping to put out a fire at
Thedford October 17, and died from
the effects. Tho fire started from
aome unknown cause and spread
from two to three miles wide and
about fifteen miles lone. Mr. Hell
wan Is a resident near Thedford and
was trying to put out a fire in a hay
tack.
Mr. and Mrs. If. L. Ormsby and
daughter Mabel returned to Alliance
Monday morning after being gone on
a six-weeks vacation. On lcuving
Alliance they went to Colorado
Springs. While there they took In
the most Interesting points of inter
est, including Cripple Creek, as well
aa the canyons. From there they
went to Casper, VVyo., and vlnttod
their son Hugh. On leaving nCsper
.they visited Mr. OrniHby's relatives
at Truinbel, Nebr., und then went as
far east as Vlcksburg, Mich., New
York City, Niagara Falls and Buffa
lo. They report the weather fine up
till the time they reached Niagara
Tails, at which place It turned very
eold. From Niagara Falls they went
to Washington, D. C. While there
they visited at the home of Mr. Hern
call, who will be remembered as an
operator and agent on the Alliance
division a few years ago. Mr. Hern
call is now working In the postolllce
at Washington. On their way back
to Alliance they stopped at Uutiing
ton, Iowa, and visited with their son
Clarence, who is traveling auditor on
that division. Mr. Ormaby will go
to work about November 1.
Al!y ' in self with the progressive
boosters of the Commercial Club.
T. W.
1
TELEPHONES:
FAHMKIW tXH'IJ) IK) IJKTTKK
(Continued from first page)
of directors of the federal land bank.
"Money cannot be borrowed for a
term less than five years or longer
than forty years, the Idea being to
make long-term loans. If a farmer
wants money for less than Ave years
he will have to look elsewhere for
the loan."
The plan of payment provides for
the puylng of the Interest plus a cer
tain per cent each year on the un
paid portion of the loan, l'rof. Pugs
ley used the following example: If
the loan was secured for a 33-yenr
period at 6 per cent then 1 per rcn
would be added requiring the bor
rower to pay 6 per cent -each ypar
for 33 years and at the end of 33
years he will have paid not only the
Interest hut also the prlnclpnl.or the
loan, and will be free from debt with
out, as far as he Is concerned, pay
ing more than the Interest. 'Pay
ments of any sum will bo accepted
after five years. Should the bor
rower die the mortpapo becomes due
and may either be paid up by the
heirs or assumed by them.
Itonri SoM to Cover Mortgages
Th" mortrnpen come In to the
land bunk and the bank then Issues
and rrlls bond to the amount of the
mortrnge. These bonds will sell nt
n low rate because they are free
from every sort of taxation. Includ
ing the Income tnx, and bemuse they
are secured by a mortgage of fjo ier
cent of the actual valuation of the
land and 20 per cent of the actual
valuation of the buildings, and also
because the bonds of any one bank
are also guaranteed by the other
eleven banks.
The Interest on mortgages to the
land banks cannot exceed 6 per cent
at the most, although a percentage
more may be added to cover the pay
ments. It Is believed that under this
system farmers can get money at
from 4 to 5 per cent.
For each flOO borrowed the farm
er Is required to purchase one share
of stock In the federal land bank,
th same costing $5 per share. When
the debt Is paid the farmer automat
ically re-sells his stock to the bank
and receives his $! with the Interest
accumulation. The stock may be
purchased for cash at the time of the
securing of the loan or may be de
ducted from the total of the loan at
the option of the borrower.
On each share of stock each mem
ber ts liable for the $fi paid In, plus
R per cent, and not one cent more.
This is the same rystem used In the
national banks. There la hardly a
possibility under the system that a
member would be called upon for his
I responsibility, little as It Is. If a
! member fails to pay his Interest, for
j two years his loan Is subject to fore
, closure.
j Prof. PiiRsley was n member of
the federal commission which was
sent to Kuropo to Investigate the
land banks there and report to the
United States government. It was
largely through the findings of this
commission that the bill was passed.
F. M. Seidell, county agent, has
the necessary Information for the
forming of the farmers' associations
and all Interested should apply to
him and the Information will he
forthcoming immediately.
Farris
FA1RISMARCY COMPANY
We are
Omaha
SECTIONALISM CRY
REACTS
HUGHES
Q. 0. P. Candidate Is Mocked
by Record of His Own
Party in Congress.
LAWS ENACTED ARE FOR ALL
On Its Achltvementa Administration
Invites Judgment as to Whether
Its Work Is Sectional In Its
Scope and Purpose.
Charles K. Hughes has raised the
cry of sectionalism, complaining to bin
Western audiences because the Im
portant Committee Chairmanships In
the House and Senate have been filled
this being due to seniority promo
tions by Sput hern members.
"During the last year of Republican
control there was not a committee
chairmanship from the South." replies
Congressman James II. Aswell In his
speech reported In the Congressional
Kecord. "Was that nationalism or
blind. Ignorant partisanship?" he
asks.
"Let the people decide," he suggest,
"whether the following great measures
enacted by this so-called South-controlled
Congress are sectional or na
tional :
"The Underwood Tariff Law, Just
to the consumer ns against the special
privileged class, followed by a non
partisan tariff commission removing
the tnrlff question from politics.
"The Income Tax Law, causing the
rich to pay their just proportion of the
expenses of the Government.
"The Rural Credits Law, the first
legislation solely for the farmers.
"The establishment of rural routes,
the extension of the parcel post, mid
better mall service for our rural popu
lation. "The Good Roads Law for all sec
tions and for nil our people.
"Farm extension Inws, Including
Smith-Lever Act. grain and cotton
standards, regulating cotton futures,
and so forth.
"Numerous Just labor Inws, the most
beneficial in a century by the Ameri
can Congress.
"The ',n( Labor Law for the chil
dren of the whole country and for
civilization.
"The Federal Reserve Act. giving nn
elastic currency and preventing finan
cial panics the greatest act ever
passed In the history of our Govern
ment "Conservation acts for the people as
against special Interests.
"Anti-trust laws and arbitration
laws, preventing special-Interest control.
Working for Your Interests and
Appreciate Your Business
Office, South 34.
Rooms 110-112 Exchange Building
Stock Yards Station
CATTLE FOR
"Shipping act for cpen markets tor
our products and commercial mastery
of the sens.
"Federal Trade Commission Act
protecting the Individual as against
the vested Interests.
"The Seamen's Law for the work
men, and public safety.
"Legislation supporting the Presi
dent In keeping us out of the Euro
pean war w hile maintaining peace with
honor to the American Aug.
"Mr. Speaker, for the sake of the
great dignity of the high office he
seeks and In the name of common de
cency, let Mr. ex-Justice Hughes speci
fy and nnme the sectional measures In
the above list nnd mention those he
would repeal I"
100 PER CENT. AMERICAN.
"I am the candidate of a party
but I am above all things else an
American citizen. I neither seek
the favor nor fear the displeac-
ure of that small alien element
J among us which puts loyalty to
any foreign power before loyalty
J to the United States." From
President Wilson's Speech of Ac- i
J ceptance. J
Typewriter ribbons of all kinds
The Herald carries the largest stoc'
in Alliance at all times. Thone 34 0
I am offering at private sale the following cattle, all of
which are good, native stuff:
8) HEAD OF COWS
112 HEAD OF YEARLINGS
30 HEAD OF CALVES
Parties desiring good stuff should communicate with me at
once, either in person, by telephone or by letter.
FRANK ROGERS
Plione Ash 8152 '
ANTIOCH - NEBRASKA
Mieilirs Sale of Attached rropcrty
Notice is hereby given that by vir
tue of an order of sale issued by L.
A. llerry, county Judge, in and for
Box Butte county, Nebraska, in fav
or of L. F. Hulen, and against
Charles E. Maynard, and to me dir
ected, I will at 1 o'clock P. M. on the
30th day of October, 1916. at the
northwest corner of Box Butte ave
nue and 2nd street, in Alliance, Box
Itutte County, Nebraska, offer for
ale at public vendue the following!
poods and chattels, to-wlt: J
1 piano, 1 dining table, 3 leaves, 8
chairs, 1 buffet, 1 chiffonier, 1 dress
er, 1 library table, 3 rocking chairs,
(J rugs, 2 beds, springs and mattress
es, 2 tubs of cooking utensils, 3 ta
bles, 1 bundle curtains, 1 Ironing
hoard, 1 carpet sweeper, 2 sample
cases, chlnaware and silverware, and
other household furniture taken on
;in order of attachment ns the prop-.,
erty of Charles E. Maynard.
Dated this 16th day of October,
1916.
C. M. COX. Sheriff.
burton & Reddish, Attorneys.
lti-2t-776-7523
&xesx& Turn Over
a New Leaf
By subscribing
for THIS PAPER
R. F.
Night Calls, South 1498
Nebr
SALE
TTT A. 7
our
Printing
If it is worth
doing at all,
it's worth do
ing welL
First classwork
at all times is
our motto.
Let us figure
with you on
your next job.
Marcy
i
I:,
.
('
X