Evening Republican, Volume 18, Number 14, Rensselaer, Jasper County, 16 January 1914 — PRACTICAL FINANCING [ARTICLE]

PRACTICAL FINANCING

The work of helping finance the Operations of farmers In organised counties Is very well shown by recent reports from Stevens County, Minnesota, where six carloads of Holstein cattle were purchased and payknent guaranteed by the business

men and bankers of the county. The cattle were sold at auction to the farmers with the banks in some cases advancing money for the payment at a reasonable rate of interest. In no case has an Importation of stock been made at a loss, but generally there has been a profit.