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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 1, 1921)
THE BEE: OMAHA, SATURDAY, JANUARY 1, 1921.
'20 Corn Crop Yield
Of 255,528,000 Bu.
i Greatest Since 1906
Winter Wheat Acreage Third
In Size, With a Total of
3,333,000 Acres All
Crop 8 Large.
The final estimates of Nebraska
crops as approved by the bureau of
rrop estimates at Washington and
submitted by A. E. Anderson, agri
cultural statistician, are as follows:
Nebraska planted 7,S60,000 acres
to corn as compared to 7,030,000
ncrcs last year. The average yield
of 33.8 bushels against; 26.2 bushels
last year is the highest since 1906.
The production ranks fourth in size
fince 1866, being 255,528.000 bushels
compared to 184,186,000 bushels a
1 lie w inter wheat . acreage was
third in size, with a total of 3,335,000
acres against 3,716,000 acres a year
ago, the latter being the highest on
record. The yield averaged 17.4
bushels this year and the production
58,029.000. bushels compared to 14.8
bushels last year and a production
ol 54,997,000 bushels. This year's
production ranks fifth and the yield
Decline Is Rapid.
The state's rank as a spring wheat
slate is gradually becoming lower.
In 1899 nearly 2,000,000 acres of
spring wheat were grown, while this
year only 258,000 acres were planted,
which is next to the lowest acreage
on record. The decline m acreage
was very rapid from 1899 to 1909,
but siuce then it has remained quite
constant except when increased in
1917 and 1918, due to the war de
mand for wheat. This year's crop
averaged 9.5 bushels, and the pro
duction was 2,451,000 bushels. Last
year 668,000 acres were planted,
which averaged 8.5 bushels and pro
duced a total or o,67.()00 ousneis.
The production of all wheat is 69,
480,000 bushels, compared to 60,675,
000 bushels a year ago, from a total
o: 3,593,000 acres against 4,384,000
acres last year. Last year's acreage
exceeded the next highest on record
by 508,000 acres.
Yield 34.6 Bushels.
A total of 2,400,000 acres of oats
were planted compared to 2,133,000
aeres a year ago. The yield was 34.6
bushels anl last year 32.8 bushels.
The production is second on record
since 1866, being 83,040,000 bushels,
compared to 69,962,000 bushels a
i he Imal
estimate of barley is
265,000 acres against 217,000 acres
last year. This year's acreage has
been exceeded once since 1866. The
yield is 29 bushels compared to 25.7
bushel last year. I his production
is .4.M.000 bushels and last vears
, crop 5.577,000 bushels. The 1920 pro
duction is the highest on record.
Kyc acreage as well as the pro
duction ranks third since 1866. I he
area devoted to rye totals 264,000
acres compared to 408,000 acres last
year. The yield is, 14.1 bushels and
the production 3.722,000 bushels as
Compared, to 16.3 bushels last year
and the ' production of 6,650,000
Area of Potatoes Reduced.
The wild hay acreage was reduced
from 2,771,000 acres last year to
2,315.000 acres the present year. The
yield was the same for both years,
averaging 1.02 tons. This year's pro
duction reached 2,361,000 tons
against 2,826,000 tons last year. The
acreage of tame hay is also lower,
beinp 1.619,000 acres compared to
1.769.000 acres last year. The yield
is 2.6 tons compared at 2.43 tons a
year ago and the production 4.209,000
tons against 4.299,000 tons last year.
The area of potatoes was reduced
from 104,000 acres last year to
85,000 acres this year. The yield is
98.7 bushels compared to 55.1 bushels
last year and the production 8,390,000
bushels compared to 5,730,000
bushels a year ago.
Elevators in Grain
Centers, Farmers' Plan
(Continued From Faf One.)
pose a federation of all farmers'
marketing organizations into one
great terminal marketing agency for
the control of the channels of dis
tribution of farm products. This is
wholly r. marketing piogram. There
is no thought in this of fixing prices,
or anything of the kind."
Mr. Pollard is hopeful that
through this means the necessity for
marketing the bulk of the grain in a
few months instead of spreading its
movement throughout the year can
be avoided. "Farmers who under
stand conditions do not blame the
grain handlers or the speculators,
hut themselves," said Mr. Pollard.
"As things now stand, the farmers
must rush their grain to market in
the fall, and someone must be there
to take it off their hands. The new
marketing association represents the
farmers' effort to put more system
into their business. We do not ask
any new laws, or any state or na
tional aid, and do not intend to de
stroy, but to construct."
Women Invited to Next
Meeting of Ad-Sell Body
Next Monday is "ladies' night" at
the meeting of the Omaha Advertising-Selling
league in the Hotel
Fontcnelle. John H. Beveridge,
srocrintendent of the Omaha schools,
will speak on "The New Relation
Between Schools and Business."
Miss L, M. Montgomery, employ
ment manager of the traffic depart
ment of the Western Union Tele
graph company, will tell of her "Ex
periences With Business Women." ,
Special features will be the Hono
lulu Four, Miss Charlotte Brant,
and Harold Lloyd in a two-reel
comedy. Charles E. Duffle, secretary
of the Corey & McKenzie Printing
Co., president of the league, will be
chairman of the meeting.
' Lincoln. Dec. 31. (Special.)
..Republicans of the state will hold a
banquet at the Lincoln hotel Tues
day as a sort of ratification and jolli
fication celebration of the victory at
. the polls last November.
All members of the Nebraska dele
gation in congress have been invited
and it is understood that Congress
roan Reavis of the First district will
b present. Both men and women
' tre invited, Plate will be $2 each.
The New Year in this photographic cartoon by Eyre Powell was posed by little Robert Blake Butts of
Omaha Leads U. S.
In Race to Normalcy
(Continued From Pf One.)
nothing about it of a boom town
its growth is rational, steady and un
halting, rain or shine.
Taik as one will about the country
wide depression that began last Oc
tober, the fact is that the statistics
compiled by the bureau of publicity
of the Chamber of Commerce show
a gain in the volume of jobbing
trade of $105,258,648 for 1920 over
1919. Although comparisons m
money are treacherous in view of the
fluctuations in the value o1 the dol
lar, it is declared that the actual vol
ume of goods itself has increased
correspondingly, because prices in
the last six months of the year had
gone down below those of 1919 and
in some cases almost to pre-war
Healthy Factory Growth.
Omaha has not only taken a pre
eminent place as a jobbing center
for the middle western territory, but
it has maintained a healthy factory
growth. This is particularly true in
industries turning the raw products
of the prairies into finished materials.
Grain exchange figures show that
more bushels of wheat were milled
here than ever before. As a butter-
making center Omaha increased its
output almost $3,000,000 in the year.
Macaroni production doubled. Al
falfa mill products increased almost
$1,500,000. We also are manufactur
ing more and more of the things we
consume, as in the case of ready
made clothing, which shows a total
of $3,408,610, as compared with $500,
000 the previous year. In the other
needle trades the production of bags
for holding grain, flour, cement and
other things the total now stands at
$5,057,000, as compared with $3,900,
000 for 1919.
Manufacture of automobiles, tires
and accessories registered $23,458,
670. compared with $20,523,533 in
1919. and $6,177,834 in 1917.
Importance Easily Grasped.
It is in comparisons reaching
over a period of years that the ad
vance of Omaha in commercial im
portance is grasped most easily.
Thus, although the value of packing
house products shows a decline
from the previous year, in part due
to the lessened cost of meat, still
it is more than $16,000,000 great
er than that of 1917. .
Business men, whatever their line,
unite in predicting a prosperous new
year for Omaha and its trade terri
tory. The period of readjustment is
seen to be coming to an end, and
stable conditions are within sight.
Business is expected to start pop
ping in March, and many factors
indicate the reliability of this esti
mate. Farm settlements and re
newed activity in the financial field
is anticipated. The railroads, which
four months ago werje unable tn
furnish cars for all the traffic of
fered, now have a surplus, and are
soliciting business. Coal supplies
are ample, and once the new price
levels are established. Omaha will
go onward at high speed.
U.S.Bureau of Crop Estimates '20 Statistical Review
Following is the 1920 statistical review of the bureau of crop estimate of the federal Department of Agriculture. All figures are expressed
in thousands, the three final ciphers being omitted: ...
Acreage, Production and Value of Grain in 1920
8tata or Territsrtei.
7.1 : 5
Mauachutctta . .
Rhode Island ...
New Tork ......
New Jersey ....
Pennsylvania . . .
West Virginia ..
North Carolina ,
North Dakota ...
South Dakota ..
Xi'W Mexico ...
United States ...
The New Leaf
162 Millions Put
; In Postal Savings
Most of Depositors Are For
eign-Born Citizens; New
Savings Card Issued.
Foreign-born citizens have been
the principal natrons of the United
Vutes postal savings system during
ihe last year, according to an an
nouncement made today by the
Postoffice department. Amount on
deposit in the postal savings bank is
more than $162,000,000, the report
reads. The large number of foreign
born citizens who are depositors is
due to the immigration department's
practice of impressing newcomers
to this country the method of opera
tion of the postal savings system. In
the flood of immigration each immi
grant has received a leaflet in his
own language outlining the System.
Tenth anniversary of the postal
savings system is marked by the is
suance of a new postal savings card
to displace the 10-cent card which
has been in use since the establish
ment of the system in 1911.
The new card will be furnished
gratis, and when 10 10-cent postal
savings stamps have been affixed
will be accepted at any depository
office as a deposit of $1, or it may
be redeemed in cash. The outstand
ing feature of the new card is the
translation into 24 foreign languages
of the statement that the faith of the
United States is solemnly pledged to
the payment of the deposits made
with the system.
One Dead in Early Fire
In Hotel in Fort Worth
Fort Worth, Tex.. Dec. 31. One
man was burned to death and several
persons are reported missing in a
fire which destroyed the Mansion
hotel early today. Several adjoining
buildings were badly damaged.
The property loss is estimated at
$150,000. The body of J. O. Russell,
an express messenger, was recov
ered. , i
The Mansion hotel was one of the
city's landmarks, having been con
structed in the frontier days of
New Suburban Movie to Be
Built by William Harms
Construction will be started soon
on a new suburban moving picture
theater on Vinton street between
Seventeenth and Eighteenth streets.
The theater will be modern in every
respect and equipped with the latest
motion picture equipment. The
opening will be about March 1. f
William Harms, proprietor of the
Apollo theater, is building the new
house. It will have a seating capac
ity of 700. The cost of the furnish
ings will be about $11,000.
Ecuador employs women in the
2,1S,721 17.412 789,878 1,140,20 45,233
Arrival of New Year
(Continued Krom Paga One.)
began their watch meeting at 7 last
night with a basket dinner. This was
followed by an illustrated address
by Dr. Clyde C. Cissell. At 10 there
was a song service and social hour
and at 11 a sermon by the former
pastor, Rev. John Poucher. The New
Year was ushered in solemnly during
a consecration service conducted by
Hotel Reservations at Premium.
So great was the demand for res
ervations at the Hotel Fontenelle,
Henshaw hotel. Athletic club and
many other places that premiums
were being offered by some of those
on the waiting lists.
At the Fontenelle, the merrymak
ers were so numerous that all the
dining rooms and the ballrooms were
crowded. Dancing went on every
where, even irt the lobby and on the
It was the same story at the Ath
letic club and the presence of some
of the "amended" fluid at all places
was apparent by its effects. But
then, New Year's eve comes but
once a year.
Dancing didn't stop at the custo
mary hour of 11:45. Far was it from
such! For a special dispensation
had been issued by Mayor Smith
and the Welfare, board. Permits
were issued in some cases to dance
till nearly dawn.
Dancing Until Late Hour.
At Turpin's, the Auditorium, Black
Cat cabaret,: Empress garden and
Christopher Columbus hall the per
mits allowed dancing till 5 this morn
ing. The Le Mars club had a dance
at Kelpine's dancing hall till 2. The
orchestras of the city tooted,
twanged, drummed, "bowed" their
violins and tickled the ivories for
record-breaking stretches. Some of
the musicians needed "first aid"
along about 3 or 4 a. m. Vaudeville
performers were in great demand,
going from one club or hotel to
another to amuse the crowds.
The theaters and moving picture
houses were "jammed." Many of
them had special performances be
ginning at 11 and extending into the
new year with special surprise at
the junction point of 1920 with 1921.
Many Observe Day.
Street cars ran on an extra late
schedule to carry home those who
wanted to retire as early as 1 or
1:30. Taxicabs did a wonderful
business both before and after those
Burgess-Nash employes held a big
dance in the new store building at
Seventeenth and Harney streets.
Today the birth of the new year
will be celebrated by general ab
stinence from all work in banks,
public offices, stores and so on.
Mothers will have an extra hard day
with the nreoaration of thousands
of big dinners with which to still fur
ther welcome the new-born year.
Bee Want Ads Are Best Business
-Bureau of Crop Estimates, U. S. Department of
45,825 ; 20,244
198 ' 139
Good wai Fight
Iowa Representative Would
Take Steps to Force Sale
Of Plant and Equip
ment at Once.
Washington, Dec 31. In opening
house debate on the sundry civil ap
propriation bill. Chairman Good of
the appropriations committee served
notice that if he could prevent it,
"not a single penny" would be ap'
propriated for the shipping board.
He added that his committee felt
that it had to get behind the ship
ping board and compet it to fell its
plant and equipment.
House leaders took up the big ap
propriation bill with the avowed pur
pose of disposine of it as soon as
possible to make way for other im
portant supply measures. I he bill
contains more than 1.000 items and
calls for an aggregate appropria
tion of $383,611,292.
Chairman Good, 5n the course of
the discussion, assailed the provision
which had been rejected by his com
mittee to Kive the shipping board
$147,000,000 for the support of the
emergency fleet corporation.
Raps War Department
The chairman also attacked the
War department for spending more
money than congress had appro
priated in recruiting the army. He
said he personally was in favor of
limiting the army to 150.000 men
and "make thefi learn to work.' '
The committee chairman, how
ever, in urging economy, said that
the salaries of many government of
ficials and employes were too low
and declared that "congress must
soon pay some attention to the salary
question because the low salary scale
is having a demoralizing effect on
Commenting on the care and
training of disabled war veterans,
Mr. Good said that both the war
risk insurance bureau and federal
board of vocational education would
have unexpended balances at the
end of the current fiscal year and
that with these amounts available,
together with appropriations car
ried in the bill, the war risk insur
ance bureau would have approxi
mately $160,000,000 and the board
for vocational education $75,000000
during the coming fiscal year
approximately the amounts, he satd,
they had estimated they would need.
I Mar Make Fight
There were indications during
Mr. Good's explanation that demo
cratic members from the south
would make a determined fight to
have the house include an appro
priation of $10,000,000, eliminated
by the committee, for completion
of the dam across the Tennessee
river as a part of the Muscle Shoals
nitrate plant project. Mr. uooa ad
mitted there was some merit in the
proposal, but insisted that the nues-
. -1 ,J .... nnr.'J..
The fight for the appropriation was
led by Representative Byrnes, tank
ing democratic member of the ap
propriations committee, who said he
did so because of the urgent nature
of the undertaking on which $17.
000.000 already had been expended.
Mr. Good pleaded for passage of
the bill as presented by the com
mittee, declaring it was necessary to
act on it without regard to personal
W. C. T. U. Campaign
Shnrt talks on lawlessness are to
be arranged by the Frances Williard
Woman's Christian Temperance
union, according to. a resolution
adooted at the Wednesday meeting.
The union decided also to ask other
orsranizations to co-operate in a
camoaien against lawlessness: to
arouse public sentiment to show of
ficials that the people really want
the law enforced and the violators
punished; that greater publicity be
a r r . e I'LM
secured tor Denents or pronminon
where the law has been enforced;
to offset the widely published news
of lawlessness and failure to enforce
the law, and to aid and encourage
and uphold officers in enforcing the.
Plane Operating Between,
Spain and France Is Lost
Bilboa, .Spain. Dec. ol. A hydro
airplane engaged in service between
Bayonne, France, and this city has
been lost. Wreckage has been found
by a fishihg boat near here, but
nothing has been heard from the
pilot and his three passengers.
Agriculture (in thousands)
HAT (Tarn and Wild).
1 1,193 1,215 2,77
470 660 13,900
1 20 26 H3 1,833 30,620
6 16 206 457 633 17,640
47 63 1,71
,7 140 244 36 475 14,120
. 107 1,(72 2,(58 4.441 6,647 130,645
6( 1166 1.964 570 68 15,770
166 2,(66 3,718 2,537 3,970 JS.1M
4 60 82 (1 128 2,700
. 20 462 721 47 741 18,463
72 1(4 1,33 (76 1,26 2.(t3
IS. 165 264 808 1,010 24,30
t 12 1,733 . 918 1,53 30,554
24 2(4 793 460 46 11,46
2 20 60 673 771 18,052
135 152 3.00S
80 1,152 1,655 3,162 4.255 81,6t
310 4,340 6,642 2,230 3,874 63.27
210 2,27 4,25 3,336 4.166 86,447
660 (.702 12,613 2,674 3,213 66,929
4(3 7,73 10.04 3,189 5,271 103,462
460 (.1(0 t.65 3,683 6,762 67.212
CI 1,071 1,253 3.531 4.98 79.457
.60 '(00 7(0 3,283 4,053 6373
34 1,340 11,115 3.767 2.946 22744
320 4,320 4,70 4,500 6,670 63,607
264 1,722 2.134 3.(34 6,070 (2,0(
124 1,(1 1,613 2,76 4.6(1 47.620
40 40 720 1,103 1,80 33.09
20 100 670 1.470 2.060 41.915
4 44 110 1.480 1,364 , 26,881
467 779 13,60
320 642 1,(26
3 48 73 865 1,315 17,7l
U 175 275 1,347 2.492 27,27
4 40 8 862 1,171 18,(0
80 180 (60 1,842 1.991 . 12,467
80 540 621 1,100 2,210 27,54
115 1,357 1,425 1,(03 1,51 41.666
270 Gil 10,41
137 33 11,170
1( 124 2S6 68 1,41 17.956
346 (31 9.220
It !.'; 252 875 2.400 29,746
3 87 63 844 l.(l 30,30
40 (20 650 1,102 2.402 88,13
2,365 6.182 103,5('O
6, (4 (, 11,(01 73,1(1 101,133 1,I0,1(2
Total Fire Loss
Here Is $883,345
Report of Fire Departmeut
Shows Busy Year in
The report for the fire department
for 11 month to December 1 in
dicates that 1920 was an unusually
busy year for this branch of the
Total loss by fire to buildings and
contents during the period mentioned
is given as $883,345, as against a to
tal of $215,073 for the corresponding
period of 1919.
Total number of alarms from Jan
uary 1 to December 1 was 1,783; first
11 months of 1919, 1,326.
Other statistical information for
first 11 months of 1920 follows:
Dwellings on fire, 445; fiats, 16;
garages, 46; rooming houses, 54; res
taurants, 9; sheds, 7; warehouses,
20; moving picture theaters, 2; ho
tels, 8; groceries and meat markets,
17; factories, 6.
Causes of Fire Sparks from chim
neys, 252; chimneys burning out, 146;
cigaret or cigar stubs, 97; automo
biles on fire, 111; sparks from fur
naces in rubbish, 14; supposed incen
diary, 11; sparks from locomotives,
54; children and matches, 37; sparks
from' matches, 15; undetermined
causes, 96; ignition by oil heaters,
17; spontaneous combustion of coal,
52; spontaneous combustion other
than coal, 42.
Thirteen persons burned, 10 res
cued and three fatally burned.
There were 896 building fires, of
which 623 were frame structures.
Ready for Change
With Incoming of President
Elect Will Come New
Washington, Dec. 31. With the
change of administrations early in
the new year will come the adop
tion of a new foreign policy by the
government, a shakeup in federal de
partments, many new faces m con
gress and a start on the legislative
program which republican leaders
Occupying a prominent place in
public interest will be the peace pro
gram of the new administration, in
cluding the formal ending of the
state of war with Germany and the
framing of new commercial treaties.
Tariff and revenue revision also have
front 'rank in the republican pro
grain for the extra session which
President-elect Harding is expected
to call soon after his inauguration.
Legislation in, prospect for the
extra session includes that dealing
with reorganization of the govern
ment departments, development of
the American merchant marine, re
vision of Panama canal tolls, new
army and navy policies, disposal of
enemy alien property seized during
the war, regulation oi immigraiior
and alien land ownership, pro
vision1 for former service men and
the establishing r of policies for
closer relations between the federal
government and business and labor.
Hi&h Prices Fail to
Halt O'Neill Building
O'Neill, Neb., Dec. 31. (Special.)
High prices of building material
and labor slowed up the building
program here to some extent the pas
year, but O'Neill made more than
an average showing of improve
ments. Several new residences have
gone up, including two handsome and
commodious brick ones erected by
Mayor Charles Daly at a cost of
about $10,000 each.
Plan Military Funeral for
Soldier Who Died in France
Funeral services for Sergt. Alfred
L Gauvreau, 28, will be held at M,
Cecelias cathedral Mdnday morn
ing at 10. ' The body arrived in
Omaha from Hoboken, N. J., yes
terday; afternoon and was taken to
the Gentleman mortuary to be held
until the funeral service. A military
funeral will be accorded Sergeant
Sergeant Gauvreau was the son of
Mr. and Mrs. E. P. Gauvreau, 4919
Franklin street. His death oc
curred in France from influenza the
day following the signing of the ar
mistice. He enlisted m the medical
detachment of camp hospital Xo. 16
May 15, 1917. in Omaha.
Milwaukee Road President
Optimistic as to, Outlook
H. E. Byram, president of the
Milwaukee railroad, spent yesterday
in Omaha, attending a family re
union at the home of his father-in-law,
A. P. Tukey. With Mrs.
Byram. he went to Lincoln to spend
today, Lincoln being their former
Mr. Byram is optimistic as to
early relief of the business depres
sion. "It is cominsr surelv and is not so
very far away," he said.
Chicago Dry Agents Will
Clamp Lid on All Oases
Chicago, Dec 31. Although the
staff of Frank D. Richardson, super
vising prohibition agent, is too lim
ited to keep watch on all places
where celebrators will gather to
night to welcome the new year,
every effort will be made, his said, to
keep the lid clamped down tight.
Fifty agents, including both men
and women, have been mustered into
service by Mr. Richardson. One-
half of 1 percent" is the only ex
emption Mr. Richardson will allow
Bee Shoe Fund
The Bee's Free Shoe fund closed
yesterday a most successful cam
paign, which provided warm shoes
for hundreds of children of the very
poor. The following final contribu
tions were received: '
Prarloiulr rcportad f 1,(12.12
H. D. NotUr
Archln Stiffen, Wro, Nb
Mr. R. H. Fair. Ra.vnnn- Nh .
John H. Bath
bwb Lron. Malmo. Neb
loung people's eocletjr of Chrle-
un Knaeavar, united PrMty
terlan rhumh Nnrth Rni N.h
A rrlcnd, David City. Neb
l?and Bank Has
In Spite of Suit by Mortgage
Bankers Association, Institu
tion Closes Loans.of $10,
408,500 in 1920.
While the Federal Lajid bank of
Omaha has not been active in its
loaning operations during the past
year on account of the suit institu
ted by the American Farm Mortgage
Bankers' association, attacking tli:
constitutionality of the federal farm
loan act, the bank has had a very
prosperous year from the standpoint
of its loans already in force. Loans
to the amount of $10,408,500 were
closed during the year. No new ap
plications were accepted after March
The total " amount of first mort
gage loans outstanding, shown by
states, is as follows:
Nnbranka 14. 411.640
, South Dakota..... 7,9!0,r0
The net earnings of the bank for
the year 1920 amount to $420,162.43
and as the average capital belonging
to borrowers during the year was
$2,272,973, those earnings show a
profit of 184 per cent on borrowers'
stock. Of the total earnings, two
dividends of 6 per cent a year were
paid during the year, amounting to
The law requires that 25 per cent
of the annual net earnings be placed
to reserve account. That account
nof amounts to $106,000 and there
remains on hand, after the payment
of dividends and this payment to re
serve account, undivided profits of
$326,267.94. As this is a co-operative
bank, whereby all net earnings be
long to the borrowing farmers, the
net earnings for the present year of
18 per cent, if all were divided
among borrowing stockholders,
would serve to reduce their interest
rate very materially below the 5 and
Vi per cent rate stated in their
The function of the Federal Land
bank is largely a marketing prob
lem. There is much discussion at
present regarding the marketing of
the products of the farm. The Fed
eral Land banks market the credit
of the farmers. Its greatest service
is in standardizing first farm mort
gage credits in the form of federal
farm loan bonds in the form which
suits the investing public.
The Federal Land bank of Omaha
has a remarkable record in the col
lection of its amortization payments.
Of the $2,527,718.58 interest and
amortized principal that became due
during the first 11 months of the
prssent year, only $2,560.50 remain
delinquent at the present time. Of
the $23,500,000 loaned in Iowa, not
a single dollar of interest or prin
cipal remains delinquent January 1,
The stringent financial condition
among farmers during thi present
year has demonstrated more than
ever the need of this long time co
operative amortization plan of hand
ling: farm loans under government
supervision 'and control. Instead of
the old plan of loans coming due every
five years with renewal charges and
the possibility of maturity during
stringent financial conditions. Fed
eral Land bank borrowers rest easy,
as their loans, written on the amor
tization plan, have 34 , 4 .years to
run, at their option. If interest rates
become lower, they can take ad
vantage of the lower rate, but will
not be obliged to pay a higher rate
during. the term of their loan.
The "I Will" Man
And All of You "
A Happy Prosperous New Year
SATURDAY, NEW YEAR'S DAY,
The "I Will" Man
HAS PREPARED ANOTHER
See Sunday's Newspapers
and the Windows
Effective with the
publication of this an
Batteries will be sold on
a new and materially
lower price level.
The same , Willard
quality backed by the
same authorized Wil
20th and Harney 5ti. Tyler Z920
mm mm i I
FOR MEN AND WOMEN-
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