Ogden Standard-Examiner | 1920-10-31 | Page 8 | Farmers of Alberta, rich from Crops, Purchase Bonds

FARMERS OF ALBERTS RICH FROM CROPS. PURCHASE BONDS (Bj International News Serrlo EDMONTON, Alta. Farmers of Alberta are buying buiida as a result I 'of the prosperity due to a bumper grain crop With wheat moving U ' market farmers have become provincial provin-cial government s domestic bond issue Local bankers declare they expect the m n 'ru portion of the issue to I" taken by rural investors. The bond Issue was offered by the government as an experiment to seel whether money for the provincial treasury could be raised at home. For-' mer issues of larger amount had been taken by bond dealers In the east. This, 'lime an opportunity was given provln-l Idsl buver with' an isjoje of $1,000.-! 000. This has been more than half subscribed. The bonds arc in denoml- 'nations of $100. o00. and SI. 000 and bear interest at per cent. The Interest the farmers have -hown In the bond- has made this do-, mcatlc plan successful and the government. govern-ment. It L" raid proposes to make do- i mestlc issues a permanent feature of. Its financial policy in the future. oo