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Maxwell Anderson's "Eve Of St. Mark" Comes To Screen
Blaze Of Triumph—At Rbxy Theatre Thur., Fri., Sat
Tractor Riding
Grandma” Praises
War Bond League
Why Farmers Should Buy
and Keep War Bonds
by R. R. Renna
M s. K. C. Henklo of Kenton, Ohio,
does more than her share of war
work. She and her husband run
two farms at maximum production
and with almost no outside ¿t ip. In
addition, Mrs. Henk ¡e is chairman
in her township for War Bond sales,
for the Red Cross and for the com
bined scrap paper and grease sal
vage campaign. She is also a writer
and has composed poems for War
Bond and Red Cross programs over'
Stations WMRN. Marion, and WLW,
Cincinnati.
Mrs. Henkle, who has an Army
son. a Navy son, and an Army son-
in-law, enthusiastically endorses
Mrs. George C. Marshall's appeal
to grandmothers to buv Bonds for*
The Farmer and War Bond Purchases
by Charles W. Holman, Secretary
The National Cooperative Milk Producers' Federation
>
a
strata that fanners arc probably
ply a patriotic urge to assist in
financing the war so that it may
be prosecuted to an early and vic
torious conclusion. Modern war
demands governmental expendi
tures far in excess of those which
may be met by current revenue
receipts. This means Government
borrowing. If a large part of this
borrowing is through commercial
banks additional inflationary
spending power is created through
the expansion of credit. Oi the
other nand. If the borrowing lis
largely from individuals much of
their excess funds are drained off.
Hence, the pressure on prices re
sulting from unusually large funds
bidding for limited amounts- of
goods and services is relieved, and
thus inflation retarded.
A tremendously increased
agricultural production and
same increase in average
prices received shave those
paid by farmers have raised
the net income of all United
States farmers treat, the 1935-
U average of »4.7 billion to
M.S billion la 1M1. >9.4 billion
in IMS, and na estimated »12.5
billion ia IMS. With available
1, 1943, to March 1, 1944, average
land values per acre rose 15 per
cent, w.th the larger part of the
rise taking place m the last four
months of the period. The in
crease during this four^month pe
riod was the highest on record,
being 20 per cent greater than the
average monthly rate of increase
for the 1919-20 boom year. Aver
age values per acre have increased
more than onerihird in the past 3
years. In the 1910-19 period the
rise was about the same.
It appears that an overcapitali
sation of probably temporarily
high farm commodity prices is in
process just as in World War I.
Large mortgage debts incurred
now, at high levels of income, will
prove disastrous when both total
agricultural production and prices
fall. Land values are based on the
net return to land. With the 'em!
of the war in sight and with the
prospect that farm labor and other
coata will require a relatively larg
er return leav ng the return to
land less, the logical course for
land values at present would ap
pear to be downward rather than
upward.
Therefore, it appears that
fanners would do woll to in
vest every available dollar,
beyond that needed for debt
retirement. In Government
Bonds. These can ba held
against the day when neces
sary farm replacements will
bo available and when farm
land values will have become
more stable. In this way the
individual far'.'.sr may assist
in hastening i'e day of return
of his son, and also i-eve capi
tal available to hol<* finance
him In ventures of his own
choice.
■ U. S. Tr—nry Dtp», taunt
— J
MERICAN
farmers
have
great deal more at stake In diverting a large part of this fund
A purchasing
land purchases. From March
War Bonds than sim into
debt retire
ily liquidated for future pur
chases of machinery, build
ings. etc., rv for present in
vestment in land.
H A marked decrease in farm
mortgages in recent years indi
cates that much of this fund hss
been properly applied to debt re
tirement. However, activity in
land sales and a very marked in-
creaaa in land values demon-
W ■
~~ m ~'
- i ~ ijwi -~. i T
, Powerful Love Story
(Revealed In New Film
Starring Irene Dunne
Great!
Yes, great is truly the
word for it. Great is the-word for
Metro-Goldwyn-Mayer’s “The White
Cliffs of Dover,” the G-R-E-A-T mo
tion picture which will open Sunday
at the Roxy Theatre. Not only is the
film great, but listen to this cast of
star names and decide for yourself if
they’re not G-R-E-A-T: Irene Dunne,
Alan Marshal, Roddy McDowall,
Frank Morgan, Dame May Whitty,
C. Aubrey Smith, Gladys Cooper and
Peter Lawford. Now listen to the
director! Clarence Brown. Remem
ber him?
He directed Mickey
Rooney in “The Human Comedy."
Now listen to the producer! Sidney
Franklin. He produced “Random
Harvest,” “Mrs. Miniver” and “Ma
dame Curie.” All G-R-E-A-T pic
tures, you must agree. Now listen to
what I have to say! Don’t fail to,
see M-G-M’s “The White Cliffs of
Dover" when it opens a| the Roxy
Theatre! You will agree that it is
without doubt the outstanding film of
its kind ever to be produced. It’s
great, G-R-E-A-T! So take a bit of
good advice and don’t miss “The
White Cliffs of Dover,” the moot out
standing picture to come to the Roxy
screen or any other screen.
PretidetU
Montana State College
DUILDING financial reserves,
paying off debts, helping to
fight dangerous inflation, ana pa
triotism, are all good reasons why
farmers should buy and hold War
Bonds.
■>
A good financial reserve is an
important part of
of_ sound farm
management. War Bonds are safe
L
___ '
__1 are almost as
investments
and
liquid as cash. '~
r
Thus,
they com-
_____ mt financial re-
prise an excellent
needs amt
serve for ■ unexpected
une:
:ies. After the last war
emergencies.
prices fell rapidly, as they have
after every major war, and thou
sands of American farmers lost
their farms because they could not
weather the economic storm. No
other factor is more essential for
continued satisfactory farm opera
tions, through good years ana bad,
than adequate financial reserves.
In addition to unexpected needs
for emergencies, farmers need
adequate reserves to finance re
pairs, replacements and improve
ments around the farm. Difficul
ties in obtaining needed materials
and labor for these expenditures
cause farm buildings and equip
ment to wear cut faster during
the war period tl an in peacetime.
If farmers can wait until some
time after the war ends to make
these repairs and improvements,
their dollars sliou'd go farther than
they will immediately following
the war, and better quality ma
terials will probably be available.
Moreover, too rapid or forced
cashing of Wai Bonds immediate
ly after the war cculd create a
serious situation and contribute to
post-war inflat!on
Also, holding
Bonds to maturity makes it possi
ble for the farmer to increase his
investment by one-fourth through
accumulated interest. Still anoth
er reason for having ig a good re
serve in the form of War Bonds is
that funds will be available for
the boys when they return, to as-
sist them In getting established in
•.
peacetime pursuits.
Matty farmers sliU have
long-term mortgage
d
— debt
out-
anding against their
their grandchildren. She herself
takes turns buying Bonds for her
five grandchildren ranging in age
from 4 months to II years.' “Those
Bonds.” she says, “will help edu
cate the children and set them up
in businesses and farms ten happy
years from now.”
The Grandmothers League was
founded by General Marshall’s wife
and has been widely accepted as a
worthy and' unselfish Bond-buying
drive.
ty. Investmeat ia War
now makes it possible for
farmer to help finance the
and at the same time accumu
late the funds which will en
able him to liquidate his debt
in a lump sum after the war.
Systemaue purchase of War
Bonds furnishes a very orderly
and sure way of accumulating
the necessary funds for liqui
dation of debt that requires
large lump sums for settle
ment.
The extremely heavy expendi
tures required to carry on modem
total war creates high purchasing
power, which combined with short
ages of materials and labor, cause
serious inflationary threats. Most
farmers can remember the very
high prices which occurred during
the last war and tjie very low
prices and depression which fol
lowed. With the present scale of
operations much greater than dur
ing the first war. it is imperative
that widespread inflation in gener
al prices and in land be prevent
ed. Using surplus funds to pur
chase War Bonds helps reduce in
flationary pressure in commodity
markets and, at the same time,
helps finance the war.
Building financial xeserves, pay
ing off debts and fighting inflation,
comprise adequate reasons for
buying War Bonds.
However,
there is still another major reason
why farmers should invest in War
Bonds until it hurts and this is the
patriotic reason. We are engaged
in a very serious struggle to pre
serve democracy and our way of
life. The sooner we can win this
war the fewer lives of our sons
and daughters will be lost. Our
youth are making great sacrifices
on the battlefronta all over the
world, and it is up to each one of
us on the homefront to give all we
have. Large sums of money are
needed for winning the war and if
we will all buy War Bonds to the
limit of our resources voluntarily,
we can help finish the war at an
early ddte.
U. S. Traatary Dtfartaual
KEEP FAITH
BUY
mu
ME. JI MORL TH« *
BONDS
WAR BONDS
/tome front
READING
BARGAINS
Valley Sentinel
(» YEAR)
AND
TRUE STORY .
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Mrs. George C. Marshall
MRS. GEORGE C. MARSHALL
FOUNDS THE
GRANDMOTHERS LEAGUE
WASHINGTON, D. C.: General
George C.' Marshall’s wife founded
the Grandmothers League as a roll
of honor for grandmothers who buy
War Bonds for their grandcnildren.
. Mrs. Marshall herself buys Bonds
and stamps regularly for her three 1
frandchildren Tupper Brown, age
, Jimmy Winn, 2, and Jimmy's
sister Kitty, 9 months
—i
"Those Ronds fight for America
today,” Mrs. Marshall said in Wash
ington. “When they mature they
will bring to the coming generation
the educational and other privileg
•hat make America worth fightii
for.”
Sec “Spike” Leslie for the Dest in
Liability, or other Insurance. Office.
?75 So. Hall, in former hospital bldg.;
nhone 5: residence phone 95L.
Amphibious qualities were added to the Weasel in a new
aerie« of the famed QI vehicle introduced by Studebaker today.
Continuous circuit tracks powered by a Studebaker passenger
car engine furnish propulsion, exactly as in land operation.
Tea, It Is true, there la a »»re hart
lees medicated liquid called Kleer
that Artoa ud Dimples over atght.
Many report that they bad a ret core
»imply face one night and eurprleed
their friends the next day with a
elear complexion. There la no risk.
The first application must convince
yen or you set your money bank.
Only ISe. Join the happy I Kia. rax
tasers who are so longer embarrassed
wtt^im»i|hti^pimplaa **** *"*
BARROW DRUG CO.
FLOWER GROWER_______
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