Conservative. 19
would bo out of work , or tlioro would
bo fewer of them nt work.
In this way the bank helps every la
borer iii the place.
HELPING THE FAUMEU.
Spring has come.
It is time to plow niid plant.
The fanner needs seed and fertilizer.
During the winter he has spent all the
money from last year's crop.
Ho goes to the dealer in fertilizer at
the nearest village , and says to him :
"What is fertilizer worth ? "
The dealer says , "Forty dollars a ton. "
The farmer says , "I will need two
tons and a half , and that mil amount to
one hundred dollars. "
The dealer says , "Yes ; will you take
it with you now ? "
The farmer says , "I have not the
money now. " The dealer knows all
about what the fanner is worth , and he
says , "Take it along , and give mo your
note payable at the end of four months.
By that time you will have money from
your crop. "
The fanner gives the dealer his note ,
the dealer endorses it and sends it as a
payment to the wholesaler from whom
he purchased the fertilizer , the wholesale
, | j dealer sends it to the manufacturer of
fertilizer , the manufacturer takes it to
lias bank and borrows money on it and
uses it , less the interest , just the same as
if it were cash.
The farmer gets his seed in the same
way.
At the end of four months ho pays the
note.
Thus , instead of the fanner being com
pelled to wait until ho can get the cash
with wliich to pay for the fertilizer and
the seed , ho obtains both when ho needs
them. The dealer , instead of having to
wait until the farmer has money before
ho can sell him the fertilizer and the seed ,
sells them in the proper season , and re
ceives what is practically as good to him
as the cash ; the wholesale dealer receives
from the retailer what is as good as cash
to him , and the manufacturer receives
what is as good as cosh to him.
How could this be done if it were noi
that the banker had collected it the idle
money of other people and was ready to
make good loans with it ?
The farm would go implanted , or only
a small part of it would bo worked.
So the bank helps the farmer.
HELPING THE COAL MINER AND THE
COAL OPERATOR.
The operator is the owner of say 500
acres of coal under the surface , whicl
ho wishes to market.
Ho builds tipples , inclines , check-
houses , necessary railroad , and houses
in which the minors are to live. Whei
the mine has been opened at great expense
ponso , ho is ready to mine and sell the
coal.
coal.But
But it is the custom in the coal busi
ness to sell to the dealer and take his
note for the price. Ho is further delayed
) orhaps , by lack of water in the rivers ,
or scarcity of cars 011 the railroad. So
; he operator can got no money in per-
laps less than four months , but he gives
employment to say 500 miners , who have
: o bo paid every two weolcs in cash.
This requires a very largo capital , and
lad the operator to depend upon him
self , the mines could not bo opened , the
minors would not bo employed , and what
las become a mining town and a center
of industry , would otherwise remain a
jarren place.
But liis banker will discount his note ,
furnish the money to make up his pay
rolls ; the miners are regularly paid iii
cash , and what would otherwise bo an
unproductive investment beneath the
ground , becomes a means of livelihood
for hundreds of honest laborers and their
families.
And note this important fact , that coal ,
after being mined , is worth about eight
bimes what it was before mining , and
the difference represents what is paid for
muor 10 UIKU ic oiiiui uiu giuunu.
WHY EVERYBODY CANNOT GET MONEY
AT A BANK.
Some people say , "What good is a
bank tome ? "
"I cannot get any of the money. "
"Poor people cannot got money at a
bank. "
"Why is this ? "
There are ten millions of depositors in
the United States.
They ore people who have saved up
money out of their wages and their bus
iness.
In every deposit generally more than
one person is interested.
In many deposits a whole family is in
terested.
If wo estimate three people to each de
posit , wo have thirty millions of people
interested in deposits in the United
States.
When these people put their money in
banks they expect the banker to keep ii
safely for them until they want it again
If the banker loans out their money
ho must be sure that it mil be paid back
The banker cannot give the money
away.
Ho cannot loan it to everybody.
Ho must loan it only to people who
have property or business out of whicl
they can pay it back , no matter wha
happens.
The very largest part of all the money
in banks belongs to the depositors.
It is the people's money.
The benefit of the bank then to poorei
people , to laborers and mechanics , anc
others like thorn , is not that they can go
to the bank and get money.
But the money ? ' .s put into circulatioi
by loans to merchants and business moi
and farmers who employ labor.
The more they can borrow safely the
more labor they can use.
And the more labor is employed a
good wages , the more prosperity there is.
Money without labor remains idle.
Labor without money can do little.
If , however , money and labor can bo
Drought together , you got great results
you get prosperity.
In a county without a bank , labor
struggles 011 alone , getting little to show
'or its work , and suffering much.
Money is hidden , and might just as
well bo under the sod.
It is from places like tin's that the peo-
ile call for more money.
They laiow they want something.
They tliiuk they want more moiioy.
They are in distress.
What they really want is to got the
money , of wliich there is already enough ,
into circulation.
That is what the bank does.
It puts money into circulation and
makes it possible for labor to earn what
it should.
Permanent homes are the units of the
state. The love of homo is primary
patriotism. The composite of American
liomes is the American Republic. When
the integral parts are enlightened , re
fined and contented , the concrete is
solid , substantial and beneficent. A
government with no permanent homes
is inconceivable. The nomadic tribes
of Indians whom wo on the west bank
of the Missouri river have succeeded never
established and embellished permanent
homes. One of the most accentuated
and emphasized distinctions between
savagery and civilization is found in the
fact that the former never has and the
latter always has established domiciles.
Evoiy man and woman who cultivates a
love of homo in the household is doing
kindergarten patriotic work. Love for
a government ultimately depends for its
strength upon the power of the govern
ment to protect the home , and no citi
zen or subject can cherish a love for a
country which affords no protection to
the homes of its citizens.
PASSHadloy D. Jolni-
ING AAV AY. son , who was el
ected a delegate to represent the unor
ganized territories of Kansas and
Nebraska in 1852 , recently died at Salt
Lake City at the ago of 87 years. Mr.
Johnson had been long identified with
the development of the Northwest. Ho
was a native of Indiana , but had pioneered
neered Iowa , Nebraska and Utah. Ho
was a man of great determination ,
much reading and very optimistic views.
His life record was one of industry and
usefulness.
Abram Nave , for nearly half a cen
tury identified with the commercial and
manufacturing interests of northwestern
Missouri , died Juno 28 at St. Joseph in
that state at the ago of 83 years. Mr.
Nave was known everywhere in the
Missouri and Mississippi valleys as a suc
cessful merchant of the highest charac
ter for industry , probity and prompt
ness. His life should bo an inspiration
to all the young men of ability and am
bition who seek success in the walks of
manufacture and commerce ,