CORRESPONDENCE. CHEAP MONEY FOR FARMERS.

Timaru Herald, Volume XLI, Issue 3275, 26 March 1885, Page 3

CORRESPONDENCE. CHEAP MONEY FOR FARMERS.

TO THE EDITOR OF THE TIMABU HERALD. ( Sib, — I hare read your copy of Sir Julius ■ Vogel'a proposed measures m the above ] matter and heartily commend their spirit. ' But the best built ship will sink if there is a • hole m its bottom. You "will therefore excuse ( these few lines from a lawyer who has had a ] large experience of mortgages and encumbrances m the citjr of Newcastle-on-Tyne, and who wishes the ship to swim. A loan oh land for a fixed time at a low ' rate of interest would Boon acquire m the eyes of capitalists, investors and especially of business men desirous of pushing trade m grain and produce, the character of the ground rent or land tax capable of being valued, especially when the loan was not m the hands of a privato person, but was m the < hands of the Government or its agents. Thus, if under Sir Julius Vogel's scheme the sum of £2000 were lent at 5 per cent ' interest on a . farm valued at £3000, the annual intorest payable would be £100. I Smith, a grain merchant, wants to secure the business from that farm, and proposes to

lend on it £500 at 10 per cent interest, the farmer being tied to do all his business through such grain merchant. Smith finds himself perfectly secure, because he sees that the £100 a year is paid to tho Government's agent , and if the farmer cannot meet his engagements with Smith, then this gentleman simply sells the farmfor, say, the £500, and the purchaser buys tho farm, subject to the first mortgage of £2000. But possibly the farmer may have got into debt with Smith m £500 more than tho original £500, from accumulation of interest, insurance, Btorage and commission accounts duo to Smith by such farmer ; even then Smith would be safe, because the farm valued at £3000 would be worth more than that amount after a Government loan for a certain period, at a rate of interest below the current rate had been fixed on such farm. The remedy against tho above flaw m Bir Julius Vogel's scheme I leave to that esteemed and successful business gentleman to provide. Ho will easily find the remedy j if not, I -will tell him. I am, &c, Henbt L. Fobsteh. POVEBTY AND StXFFEEING. — "I Was drugged down with debt, poverty, and suffering for years, caused by a sick family and large bills for doctoring, which did them no good. I was completely discouraged, until ono year ago, by the advice of my pastor, I procured Hop Bitters and commenced their use, and m one month we were all well, and none of us havo aeon a sick day sinco ; and I want to say to all poor men, you can keep your families well a year with American Co.'s Hop Bitters for less than one doctor's visit will coßt, I know it." — A Working Man. Read. — [Advt.] How to get Sick. — Expose yourself day and night, sit too much without exercise, work too hard without rest, doctor all the time, take all tho vile nostrums and imitations advertised, and then you will want to know How to Get Well. — Which is answered m three words — Take American Co.'s Hop Bitters ! Read — [Adtt.] The Bad and Woethlebs are never imitated or counterfeited. This is especially true of a family medicino, and it is positive proof that tho remedy imitated is of the highest value. As soon as it had been tested and proved by the whole world that Hop Bitters was tho purest, best and most valuable family medicine on earth, many imitations sprung up and began to steal tho notices m which the press and the people of tho country had oxpressed the merits of H. 8., and m every way trying to induce suffering invalids to use their stuff instead, expecting to make monoy on the credit and good name of H. B. Many others started nostrums put up m similar stylo to H. 8., with variously devised names m which the word " Hop " or " Hops " were used m a way to induce people to believe they were the same as Hop Bitters. All such pretended remedies or cures, no matter what their style or name is, and especially those with the word " Hop " or " Hops " m their name or m any way connected with thorn or their name, arc imitations or counterfeits. Beware of them: Touch none of them. Use nothing but genuine American Hop Bitters, with a cluster of green Hops on the white label, and Dr Soule's name blown m the glass. Trust nothing elso. lS55° Druggists and Chemists aro warned against dealing m imitations or counterfeits. — [AdvtJ