Old News

International Falls press and border budget (International Falls, Minn.) 1909-1926

December 8, 1921 · Page 3 of 8

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WW xprpt^w^*w\-*p*& ^y 1^" Fit as^ #&** **r 4? -^. PAGE TWO ill-clothed and underfed children, in tion at Washington. The Agricultural through our whole business structure. HOW UNCLE SAM IS ADVANCING cities like New York, Chicago, Philadelphia, Loan agencies are in charge pf The war finance corporation is now A BILLION TO HELP Boston—in fact, in all of the -v committees of bankers, business men making every effort to supply just THE FARMER HELP HIMSELF 10 to IS larger cities—there are many apd others, and each agency has headquarters this help. To assist in the orderly thousand^ of such children,-pathetic in the place that ordinarily marketing of agricultural products, Eugene Meyer, Jr., Managing Director examples of man's inhumanity to man serves as the financial .center of the the corporation is making advances on of United States War Finance pathetically attending school pitifully-bearing surrounding territory. ,.--j adequate security and on a, sound Corporation Write* Special Article up under their lot and saying Upon receipt of an applciation from business basis to properly qualified Al- Explaining Plan and How it nothing about their gnawing a bank or other financial institution, associations of producers, to financial ready Showing Fine ^"Results. stomachs., the committee examines" the collateral institutions, and to exporters of agricultural We are sending shiploads of' food offered as security-and submits a recommendation products. Good results have By EUGENE MEYER, Jr. and clothing to Germany, Russia, Poland, DELIVERED RIGHT FROM CAR to the corporation at already been obtained For instance Managing Director of the United Ireland and elsewhere, forgetting Washington. If the application is approved, the cotton belt u$ed to make 80 per States War Finance Corporation. that we have tens of thousands of the war finance corporation cent of its exports ofc cotton within shivering, undernourished little ones arranges to make the advance promptly six months of the harvest. Last year CARS NOW ON TRACK (Written for The Press) in Qur own country. through the nearest federal reserve it forwarded only 51 per cent in the Organized charity? Oh, yes, every bank against the securities specified in same period. This has necessitated In normal times it has been the city has its public charity organization, the application. Loans may be made the carrying of from a million and a practice of the farmer to /sell his products but.it fails to find many of the for not more than one year, and the half to,two million bales of cotton into"the within a short time after the needy in every city and the food, fuel board of directors may, in its discretion, second six months. The burden Oats, Flour, Feed harvest. He was then in position to and clothing it gives to the rest is renew them for additional fell chiefly on the original producers put the returns into meeting his financial nearly always of the meagerest sort. periods not exceeding two years. and the country banks which do their obligations and buying his supplies Missionary work is fine—we do not The Agricultural Credits act, under financing. The war finance corporation and equipment for the next operation. criticise it all, but we simply can't which the war finance corporation is has authorized advances of nearly But when he has to carry his overlook our own sad little bairns. and car of fine making advances in the manner $60,000,000 on cotton, and the improvement TIOW output, or a large part of it, on the indicated above, is an emergency in the situation in the farm or in the ware-house, as has CIVIL SERVICE EXAMINATION measure designed to. meet the abnormal south is undoubtedly due in no small been the case this last season, his cap- POSTPONED conditions that grew put of degree to .this assistance.. '"•Sfriks'" the war.. Its object is tQ make pos1 Steps havejbeen taken by the corporation Because of an insufficie'nt number Of sible the orderly jnarketing of agricultural to meet the ^financial needs applicants the Clerk-Carrier Civil Service products. A time limit is set, pf the livestock industry, sb as to eliminate examination, has been postponed July 1, 1922, after which no further the necessity for sending immature from Dec. 3, 1921, to Jan 7, 1922. advances can be made. stock to market and to save LETTA B. CLARK, 'The total amount of advances outstanding the breeding herds and assistance Secy. Local Board. at any time is limited to is being given also to corn growers, AT WHOLESALE PRICE for $1,000,000,000. The act: authorizes the wheat, growers, and many other Have you tried the Press want ads war finance corporation to make advances branches of our Agricultural industry. yet? They bring results because they for any purposes connected There is still much to be done, butr are. backed up with a big subscription retail from car with the growing, harvesting, prepar-, what has already been accomplished list. ation for market, or marketing of indicates clearly that we are. on the agricultural products, or the breeding right road. raising, fattening, and marketing of The restoration in a marked degree KNIGHTS OF PYTHIAS livestock. The law provides that a S. E. Thompson & Son of confidence in business circles in ATTENTION! bank obtaining an advance from the the south as a result of the improvement corporation for loans for agricultural in the cotton situation has been All local members, re® purposes cannot charge upon such felt in other, parts of the country. The gardless of present standing, loans a rate of interest more than 2 purchasing power of the cotton planter, please leave name and per cent in excess of the rate charged having been greatly increased, he address at this office. •by the corporation. has gone into northern and western The ultimate objective of the wo.pk markets for products that he 'needs to of the war finance corporation is to carry on his business and to support hasten the return of a normal flow of the labor that works his plantations. business. If the producers can b,e enabled Somewhat similar results may be to handle their products for expected in other regions and with marketing in an orderly way, they can other lines of agricultural commodities, 0 go ahead with their regular business because the loans made by% the in a normal manner, make their plans, war finance corporation will help to EUGENE MEYER, Jr. purchase their supplies and equipment, stabilize the market and thus to engender Wf ARE MAILING you a big double and start a business circulation the confidence necessary for a ital is tied up and he is not only faced that will undoubtedly reach through more equal distribution of stocks with the difficulty of meeting his obligations the manufacturing and other industries among producers, jobbers, wholesalers, but he cannot g0| ahead properly page handbill telling 'of the many and flow back a&ain to the producers. and retailers on the basis of the with his regular farming business. A probable needs of consumers. No He hasn't the money for seeds, labor, Considerable progress has already other single, thing would do more than 3 and equipment and he is brought to a been made in this direction and I believe such a* distribution to restore business beautiful and useful gifts to be had. here in standstill. the movement is gathering momentum in a sound and conservative manner. When the agricultural population is and that steady advances are The corporation has no authority affected in this way the whole nation being made toward the return of more under the law to make direct loans to feels the pinch. THE FARMER IS our store. normal conditions in the production irid'.yidual farmers/ Along with othe^ THE GREATEST BUYER IN THE and marketing o£„our agricultural pro? metliodsy it seeking to reach Hie COUNTRY as well as the greatest ducts. 1 farmer or stbckYnan through his loteal producer. But his potential purchasing financing institution^-the institution power cannot make itself felt in with which he is "accustomed to do But best of all we are going to sell you the an effective manner so long as he is business and which is in close touch compelled to play the role of keeper with conditions in his community. By of the national storage, so to speak. advances to such institut'ons not dnly He may have done his part in producing goods for much less than our regular and will the pressure for forced liquidation food and other commodities. He be relieved but the banks will be HOW EVERY MAN CAN HELP may want to continue operations and put in better position to take care of be willing to make the necessary expenditure. the current needs of the farmers to usual low prices. but unless he can find ,a How many of you men under whose & the extent that their ind'vidual credit market for his products his hands are eyes these words fall, know of a boy may warrant. tied. just growing up who seems to have no Any bank desiring to secure an advance The way out of this situation is to who either-, goes dijlly ambition from the war finance corporation untie the farmer's hands—to PROVIDE through his-'days or is plainly |as This December Cash Sale Starts should make application through HIM WITH THE MEANS of reckless of the things of tomorrow the agricultural, loan agency of the spreading the marketing of his products as he was of the-tilings of yesterday? corporation that has been established over a longer period and at the Are you, who knows such a boy, too Monday, December 12th, Closes in its territory. The address of the same time of carrying on the regular busy, sir, to take a real interest in that agency may be obtained frtfn* the farm operations. If, in th's way, we growing young fellow? Don't you nearest federal reserve bank or from can help the farmer to help himself, know that what that boy needs ?as the'offices of the war finance corpora­ the gooil efiect will extend gradually much as anything else at his stage, in On Saturday, December 24th life is a friendly advance from somebody older that he needs advice riot WILL THIS BE SCRAPPED? given as mere advice but quite plainly from a sincere desire to be of service to him and to his future You will have 12 days in which to do your Do not feel that th.e boy's'father ajnd his mother are enough. God knotos that they try to do their best fyy their* Christmas Shopping and during that time we boy, but the fact is father and mother have been advising and governing him! all his life and the young fellow takes it from them as a matter of monotonous will make very attractive low prices through­ duty and dull home routine. Whtn he is 16 to 18 or 19, he needs something more he needs a rub from the world out the store. without^ and,if the rub js friendly, good-natured^and manly, all the better for the boy. N Man, the touch,you give that boy acquaintance may mean a good citizen Watch for the big circular, read every line or a bad citizen a few years* hence. Forget his surliness forget even :A seeming stupidity—they may be but riiasks that cover the yearning for an carefulyit means, a saving of dollars to you. understanding heart. But whatever you do, Mr. Busy Man, take notice of your .neighbor's growing boy when he is in your vicinity -v You Can Always Do Better at or- when you meet him. A cheer^ ful word and a smile will go a lotig way even if you haven't time to stop and talk to him as one man to anoth- ER- \. ,N| QM.Carr --4 OUR OWN UNDERNOURISHED BAIRNS "The Store of Quality a A writej? in a New York paper protests against the movement to have I- •-.-•-1'- -, International Falls, Minnesota N the school children of the city raise/ funds for the relief of poor, underfed AvfocAfTS* .children of France,..on the ground that many,New York ^school children are Here is the scene at Newport 'News when America's latest and most? also underfed. jov. ?nl dreadnought, thfe West-Virginia,'was launched the. other day.? in.the picture, the ship is just entering the water. ,If completed, the} There is a lot in this. In every city West. Virginia will' cost aver forty million dollars, but if the Hughes* iff this land, we care not which One jlan is adopted-by the nations, it will be scrapped. yoy name, there are too many poor, T-v' a" e- •\.v »g'ra-mfe.