Is Your Farm Mortgaged

According to the report of the State Bureau of Labor last February there were in ten towns of this county, 1,346 farms assessd at $6,509.425. Five hundred and ninety of these farms were mortaged for $1,232.331. The mortgage foreclosures for the year were 30; the redemptions none. The interest paid annually on these mortgages was $78,658.78. These figures are for orily half the county and they are not, complete for that half, because the supervisors at the time of the report did not have knowledge of many mortgages, which the new mortgage recording law has developed for assessment. If the whole truth were known, the mortgaged farms would be greater in number than given above and the interest charges nigher. Is your farm mortgaged,[are you one of the 590 farmers in ten towns of Washtenaw who are heavily mortgaged. Do you find it difficult year by year to pay your heavy taxes and your heavy quota of that $78,658.78 interest taken from you? It so, let us ask you a lew questions. Why is it that out of 30 mortgage foreclosures last year therc were no redemptions ? Why is itjso hard for the fertile farms of tnis coanty to be freed from incumbrance ? Couldn't you get out of debt much easier, if the tax-gatherer took less money from you? Wouldn't a reduction in the price of the tarm ïmplements you buy, of the clothing you wear, and of nearly all the necessities you require, enable you to make payments on the principal of vour mortgage every year, until you would soon be out of debt? Can you give any reason, why you, a farmer struggling under a mortgage, which sucks up the earnings of your hard labor, snould pay tribute to the millionairemanufacturer? Why should you vote to enable him to charge you forty-even per cent more for an article than you might be able to buy it for elsewhere. You peil your wheat at Liverpool prices. You take your money, first taking out 47 per cent tribute to the manufacturéis and using the balance to buy your necessities? Ifyou could save that forty-seven per cent, couldn't you pay your mortgage quickly and be in position to enjoy the fruit of your earnings?