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Show ifi ' ffi r . I TT ' 0 I I n ff f T A f P 1 I ii ill I I I fkj I t s in 31 IS ifi W --.r W K ifi 1 Do you understand I 1 the Suar Situa- 1 tion Correctly? J Due to the fact that many farmers are under a K wrong impression concerning the 1920 Sugar Beet Con- ifi Ei tract of the Utah-Idaho Sugar Company, it becomes jfi 4 I necessary to explain one very important phase of that if; agreement. i I Beet Prices are Regulated by jjj I Price of Sugar in a New York i s s s yfi H J The Utah-Idaho Sugar Company pays for your ffi K I beets according to the World's Sugar prices ifj - over which it has no control at all! i Read the Contract: I "On the 20th day of February, 1921, the Sugar I Company will compute the average fevV York net I cash basic price of beet sugar for the preceding I months of October, November, December and January, 1 h: and will pay the grower, in addition to the aforemen- tioned payment,an equal amount per ton of beets thatthe average net cash price of sugar exceeds $11.00 per hun- ; ) U dred pounds. The said average basic price shall be dell de-ll ijj termined from daily quotations of Willet & Gray," etc. It is fully expected that the New York price of sugar will remain lc Jfj high throughuut the year, which will mean a high price for beets next g 31 ' 31 fall. Is not this perfectly fair? ifi I " What then as to the local ' I Price of Sugar? : If the Utah-Idaho Sugar Company buys its beets according to u; price of sugar in New York, then should it not also sell its sugar on the jjjj -IFj same basis? The Company is willing to pay twice last year's price for jjj Hi beets if sugar remains proportionately high, but if so, should it be ex- fcF pected to sell its sugar, as some people seem to think, at one-half the Ifj 5 market price? The Utah-Idaho Sugar Company has attempted to do ifj jj . j that for months past, leaving but a small remainder of its production for g hii i local consumption, while oiher companies shipped their sugar east at I Hi I higher profits, but it has found that by selling its sugar locally at a low ifi . a Ifi ! ifi' 8 figure, speculators have bought it up and shipped it away to higher mar- Jj J kets, depriving the community of its sugar and the local manufacturer fj jjj of his profits, all of which results in great injury to the local sugar in- p S dustry which patronizes the farmers of this community. The Company !fi g h 3 therefore raised to the New York basis for sugar as well as for bfi 5i I w be its. What is fiood for the farmer is good for the Sugar w f COfTlPany. Could anything be fairer? Let the farmers stand behind if; lr 1 the Utah-Idaho Sugar Company, as the Company is standing behind (i c the farmers! H f : !fi ' tfj 1 Utah-Idaho Sugar Company, .... I s The Saver Makes The Spendthrift Breaks The man who spends less than he earns is a civic asset, as-set, while he who spends his all may someday become a civic liability. The man who saves looks into the future with confidence, while he who spends faces cold charity of his friends and relatives or the poorhouse. The optimist is the man with a bank account. The pessimist is a spendthrift. Which are you? Open a Term Savings Account at this bank. $1 is sufficient.- JIM I i.iuic actum uut lur jou. . r, ,r'-x |