f- 4 PACSS EIGHT INTERNATIONAL FALLS PRESS, JULY 17, 1919 ft Roseau, Carlton, Cass, Hubbard, labor has to be given to land improvement. summarized, to show the principal and a constructive, helpful program $6.50 ACRES RAISED TO $34 for any movement in this state. problems of the northern counties, Itasca, Koochiching, Lake and St. Mr. Peck's figures show of land clearing and utilization is laid All of the work for good roads of BY CLEARING PART OF FARM an average of $936 for total annual as follows: Poor'roads, 66 settlers Louis counties. It emphasizes the out, the northern part of the state the last twenty-five years in Minnesota receipts from the farms, ranging all need of markets, 54 difficulty in will continue its process of a retarc need for good roads, for state aid in Developing of Cutover Land in and all of the experience of other the way from $300 to $3,000. Dairying clearing land, 39 high rate of interest, land clearing, elimination of land ed haphazard development. Northern Minnesota Found Profitable—State states for a period of more than 41 poor stock, 17 need of state speculators, a soil and land utilization was the big money maker, and "Records of the settlers," Mr. Peck Assistance for Settlers fifty years have been crystalized into most of the.^armers helped out their aid to clear land, 12 high taxes,'*14 survey, and for "honest, fearless says in his conclusions, "indicate that the comprehensive £abcock plan Urged—Dairying, Small Girain Crop land speculations, 11 price of $rild publicity as to existing conditions income by selling forest pcodocts small grain crops, potatoes, garden Pay Good Returns for a paved trunk highway systent from their clearings, while many land, 9 miscellaneous complains^39. produce, and hay may be made profitable and future possibilities. Much work has been done, much aggressive That it pays to clear and develop also got money by working for lumbermen State Aid Urged in this section. Very few errors 141 Farmers Aid Surrey work remains to be done "One of the greatest priblems," or other employers in the northern Minnesota lands for farming, Of the 141 farms whose owners cooperated are made in choice of crops so and it behooves every loyal Minnesotan says Mr. Peck, "and one that is constantly is indicated by a report just compiled, in collecting the information, winter season. The percentage of far as cilimatic conditions are concerned, to personally put his shoulder and issued by the University receipts averaged by Mr. Peck was before the settlers of these 65 were acquired by purchase but the marketing facilities to the wheel of this. movement to districts is the slowness and difficulty,of of Minnesota on "Experiences of and 76 by homesteading. There was as follows: are the important limiting factors make certain that there is no failure clearing the land for crop production. Northern Minnesota Settlers." The an average acreage of 150 acres, with Crops, 24 per cent from livestock, in crop production, once the land is at the beginning of an era Many settlers express their bulletin deals largely with the problems 42 per cent from wood products, 23 rady for crops. an average of 42 acres cleared on fraught with so many possibilities belief in the practicability of some and complaints of settlers, and each farm up to 1917. An average or per cent from outside work, 11 per "The cash' returns on the farms of development. one of the sections is devoted to the sort of state aid as the solution of 3.8 acres was being cleared on each cent. studied indicate that livestock, especially this problem. The legislature of 1916 high cost and the time involved in dairy stock, is a prime essential farm annually. Little to Start With Bank No. 1293 passed an act providing for a revolving clearing cutover lands. But the figures to a good income. The average estimated cost of land Most of the farmers who gave information Statement of the condition of fund of "$100,000 to be spent in from 141 farms selected from started with a very small "Receipts from forest products and RAY STATE BANK per acre on 136 farms was $34, as RAY, MINN. clearing state land before its sale to 10 northern counties show, that as working capital and are still in need indicated possibilities in this direction against the average price per acre of the settlers. The plan is being worked a result of clearing one-fourth of the of more money to make their farms point to the desirability of developing at close of business on June 30th 1919 $9.50, paid by those who purchased out and clearings have been made land, and average cost of $34 an acre pay better. Reports showed 39 started the woods as an annual cash their land. This means an average in RESOURCES with the value of the whole properties under this act, but conclusions as to crop. crease in value of $3,675 for each with not capital at all, and 102 increased on the average from its effect on the land clearing problem Loans and Discounts $51,393.55 with an average of $309 to the farm. "Receipts for labor performed farm, due to clearing and other improvements. U. S. Bonds and other U. S. $9.50 to $34 an acre. would be made more conjectures Much more is needed to start on a away from the farm are decrreasing obligations 3,000.00 at this time. This problem is the key The report which will be distributed cutover farm under present conditions, in amount and importance for the Income From Land Small Banking House, Furniture in bulletin form, is by Professor to the constructive permanent settlement the farmers claim, the average better class of settlers. State aid in Meanwhile the actual income from and Fixtures 1,712.50 F. W. Peck, and is the result of a of 120 estimates being $880. of these sections of the state. 'and clearing would eliminate largely Other Real Estate 600.00 farm operation is small in the territory Checks and Drafts in Transit 1,073 98 study of farms in Aitkin, Beltrami, Unless this subect receives study, Complaints by the farmers were the necessity for this kind of covered, where so much of the Due from other Banks $1,571.26 .vork." Currency ....5745.00 Gold, 25.00 PAVE MINNESOTA HIGHWAYS Silver 506,25 Other 30.86 1,307.11 $2,878.37 Days Gatherings Are Vital in Maying Total Cash Assets, 37.59 State Ready to Share in Tremendous Fourth Liberty Bond Acct 75.82 —WATCH US GROW— Total $60,771.81 Development Coming With New Transportation Era LIABILITIES Interest in good highways is greit Capital Stock $10,000.00 Surplus Fund 2,000,00 among all classes of citizens, farmers •OIL Undivided Profits, Net 1,999.78 and city dwellers, and a more Deposits Subject to general observance of Good Roads Check $37,638.73 Expansion is the Sign Certain day at suitable gatherings than ever Cashier's Checks .. 2,425.5i before is anticipated. Total Immediate Liabilities Impelled by the campaign of the of Increasing Popularity 40,064.24 Minnesota Highway Improvement association in all quarters of the Time Certificates .. 6,707.79 state, county after county is stepping BURTON'S Total Deposits 46,772.03 into line with substantial bond issues for paved roads that can mean nothing Total $60,771.81 but the enthusiastic adoption in Amount of Reserve on hand $2,878.37 Amount of Reserve Required November, 1920, of the amendment by law $8,214.05 to the state constitution which will STATE OF MINNESOTA, permit execution of theh plan for a )ss 7,000-mile paved trunk highway system COUNTY OF KOOCHICHING in Minnesota. We, F. P. Sheldon, president and Puts State in Lead C. L. Mikkelsen, cashier of the above This will place Minnesota in the named bank, do solemnly swear that the above statement is true to the best forefront of the states of the Union A Great Expansion of An Already of our knowledge and belief. in the matter of permanent .roads, it F. P. SHELDON, will mean that Minnesota will stand President. C. L. MIKKELSEN, abreast of the best of the New England Cashier. states, New York, New Jersey, Great Store Subscribed and sworn, to before me Pennsylvania and California in its this 11th day of July, 1919 public highway system. It means E. K. LYMAN /{SEAL) that Minnesota will tower above Notary Public, Koochiching County, Michigan, Indiana, Illinois, Wisconsin, Minnesota. My commission expires. Iowa Missouri and other MiddleWestern May 20th. 1926. Correct Attest: (Two) Directors. and Central states in the F. P. SHELDON. length and in the conditions of its 15 Years Ago A G. WEDGE. great system of paved .highroads. Mr. Mitchel Burton began business in this community selling to Internationa! In a word—without fear of fair BANK NO. 976 Falls men and women apparel of the worth-while sort. contradiction—it means the biggest Statement of the condition of The store building thai being located ctotthe banks of the Rainy and best single development for all AMERICAN STATE BANK OF RANIEK River. :l: RANIER, MINN. the people of the state and particularly the farmers and the farmers' families, at close of business on June 30th, 1919 that has taken place in the entire history of Minnesota. 14 Years Ago RESOURCES In a material way, the Babcoci Loans and Discounts $68,180.33 Overdrafts 8.51 plan means literally millions of dollars The building was moved to its present location on Third Street and U. S. Bonds and other U. S. of increased wealth for Minnesota. Obligations 4,250.00 improvements made both on exterior and interior. As a transportation era, future Banking House Furniture historians will chronicle this period and Fixturers 3,150.00 Other Real Estate 2,500.00 as one second only to the great era Checks and Drafts in Transit 1,138.84 of railroad building and the construction Due from other of the Northern Pacific and 12 Years Ago Banks $ 3,805.49 Great Northern railroads in the Currency $283.00 Gold -310.00 Because of a wonderfully increased business, it was necessary to Northwest. Silver 634.80 have more room and a new building was built alongside the old, Next Great Development Othes 141.49 $1,369.29 Competent authorities consulted by thereby doubling the floor space of Burton's. Total Cash Assets 5,174.78 officers of the United States Highway Checks and Cash Items 3,082.25 Internal Revenue 185.00 Transport committee, with the Total $84,895.71 experiences of moving vast armies LIABILITIES and mountains of munitions via motor 7 Years Ago Capital Stock $10,000,00 truck in France fresh in mind, Surplus Fund 3,000.00 The rapidly increasing business necessitated another great expansion have centered their attention upon Undivided Profits, Net ....... 253.83 paved highways as the jiext great and a new addition exactly doubling the floor space was built in the Notes Rediscounted and Bills transportation development for the Payable 4,000.00 rear of the store, thus adding 2,500 square feet of selling space. Dividends Unpaid ...$ 500.00 entire country. In Washingtton, the Deposits Subject to view is held that within the next ten Check 38,583.40 years close to 250,000 miles of paved Cashier's Checks ... 258.20 Total Immediate Liabilities public highway? will be built connecting And Now 39,341.60 every portion of the United Having again outgrown the present store capacity announcement States. Savings Deposits 4,403.43 is made of the expansion by again adding floor space which will ones Thousands of communities now Time Certificates 23.896.85 more nearly double our selling space. The second floor of the building without railroad connections and Total Deposits 67,641.88 $67,641.8"8 will be added this time.—All departments will be enlarged, allowing with their resources barely scratched Total $84,895.71 will find the paved road and the motor still better service to our rapidly increasing patronage. Amount of Reserve on hand.. $5,174.78 truck serving as thfe railroad and Amount of Reserve Required thhe means of bringing to them an by Law $4,720.92 activity and prosperity of wich they STATE OF MINNESOTA never had dreamed. The federal government is committed to the plan COUNTY OF KOOCHICHING Thus in these Days Burton's has been compelled and within the next few years will We Ackley Hubbard, president and spend hundreds of millions of dollars G. W. Anderson, cashier of the above named bank do solemnly swear that in aiding the states to build the above statement is true to .the constantly to increase its floor space. paved roads. best of our knowledge and belief. Minnesota is Alert ACKLEY HUBBARD, Tis great era and movement finds President. Minnesota alert to grasp the opportunity G. W. ANDERSON, Cashier. that has come with the end Subscribed and sworn before me this of the Great War. Under the direction 8th day of June, 1919. Store architects have been busy planning a store beautiful. Contracts have been let for new fixtures and before long of the officers of Minnesota (SEAL) .. v. W. DAVIS. International Falls may boast of the most beautiful and commodious store for men, woman and children in Higway Improvement associatioM, Notary Public, Koochiching County, Northern Minnesota. Minnesota. My commission expires July the message and its meaning will be 31st, 1922. carried into every township in the Subscribed "and sworn to by Acklcy, state. Close to a thousand public Hubbard before me this 10 th day of .mass meetings will have been held, Our Reconstruction and Enlargement Sale is now on—It will be a clearance the like you have never heard of. July. 1919. with addresses by well informed Mae A. Osbom It is of a absolute necessity that the goods must go. Savings of from one-fourth to one-half now. speakers before the vote is taken on Notary Public Hennipin County. Minnesota. My commission expires the state constitutional amendment in October 6, 1921. November, 1920.' The campaign of Correct Attest: (Two) Directors information and education is one of Arthur L. Joaea. the biggest that has been mapped Harry I. Horton. *. A1t' i-X