250 



THE IRRIGATION' AGE 



that we have in America. And the value of this land, 

 because of its restricted area, often multiplies itself sev- 

 eral times over under cultivation. 



IERIGATION.RONDS ARE AMONG THE SAFEST INVESTMENTS. 



As drainage and irrigation bonds have formed an 

 increasingly large part of our business, the officers of 

 Trowbridge & Niver Co. have spent sufficient of their 

 time in the western and middle western states to closely 

 study irrigation and local conditions generally, and more 

 particularly the projects in which we have been inter- 

 ested. 



Again and again, we have watched these projects 

 begun, carried out and completed. We have seen the 

 barren land blossom into fertility. We have seen it 

 multiply in value, over and over, until some of it has 

 grown to be the most valuable farm land in America. 



Some of this land could not now be bought for one 

 hundred times the amount of the original bonded in- 

 debtedness. 



As a result of this experience, we are prepared to 

 state that Irrigation bonds, of the right classes, are 

 among the safest investments we know. They are loans 

 on farm land which is productive and valuable some 

 of the very best farm land in America. The loans are 

 made, in the right sort of projects, at a very conservative 

 rate. They are repaid by the land owners, usually, at 

 the rate of ten percent per year. And the bonds, being 

 in serial form, are gradually retired. The security back 

 of the remaining bonds increases with every payment. 



Bonds of this class now pay a higher interest rate 

 than one can secure on any large class of securities equal- 

 ly safe. One reason is that the bonds are a compara- 

 tively new form of investment. They have only come 

 into wide popularity in recent years. 



Our Irrigation bonds are issued in denominations 

 of $100, $500 and $1,000. This opens the field to the 

 small investor, as well as to Banks and to Capitalists. 



We know of no class of bonds which, at present, 

 offer equal security combined with equally attractive in- 

 come. And it is difficult to imagine, when Irrigation 

 bonds are gone, what other class of security can be found 

 which embraces so many desirable features. 



Still, the purpose of this book is merely to give in- 

 formation. It is not a plea for any one class of securi- 

 ties. We supply what our customers want. But we feel 

 that we owe to our patrons this statement of the facts 

 as we know them. For here is an opportunity, which 

 cannot last many years, to secure an unusual rate of re- 

 turn on an ideal class of security. 



IRRIGATION BONDS ARE PAID NOT REFUNDED. 



Unlike the vast majority of bonds, irrigation securi- 

 ties are paid, and not simply refunded at maturity by 

 substituting new issues. Each series is retired as fast 

 as it falls due, by the payment of actual cash. 



The great earning power of the lands, and irrigation 

 systems behind them, provides vastly more money than is 

 ever needed to meet both principal and interest. 



They are not affected by panics or periods of finan- 

 cial depression. 



The manner in which our Irrigation Bonds went 

 through the recent panic has called world-wide attention 

 to them, as an attractive form of investment. 



To those who are interested, we shall be glad to 

 send circulars and quotations on current issues. 

 TROWBRIDGE & NIVER Co. 



IRRIGATED 

 LAND 



Open to Settlement 



Some of the richest and most productive farm land 

 in the world lies along the Shoshone and the Big Horn 

 Rivers in the "Big Horn Basin" of Wyoming. Over 

 ten million dollars is being spent by the United States 

 Government and by private enterprise in building 

 great concrete dams and ditches in order to lead an 

 inexhaustible supply of water to irrigate some of the 

 best of these lands and make them independent of 

 rainfall. A great portion of this work is completed, 

 and these lands, with a perpetual supply of water for 

 irrigating them, are now offered you on reasonable 

 terms. 



This is an Unusual Opportunity 



to get a wonderfully productive farm, with water 

 whenever you want it, regardless of rainfall; in a 

 country where a single crop can be made to pay for 

 the land ; where 50 bushels of wheat or barley, and 75 

 bushels of oats are commonly grown to the acre; 

 where fruits grow luxuriously and where the glorious 

 air and sunshine, summer and winter, make life a 

 joyous thing. 



This wonderful country is developing fast. 

 Churches and schools abound. The population is 

 intelligent, Godfearing and law-abiding, and any man 

 out there who is half a man has the opportunity to 

 make himself independent. 



Land in this great country is going fast. 

 If you have any thought for the welfare 

 of yourself or children, find out all about 

 this opportunity to-day. 



Send for our new folder with large map, and also 

 folders issued by the private irrigation companies and 

 by the United States Government Reclamation Service 

 giving all information about these lands, terms, etc. 

 Free for the asking. Study these folders and then 

 come with me on my next excursion to the Big Horn 

 Basin and see for yourself. My excursions, which I 

 personally conduct, leave Omaha on the 1st and 3d 

 Tuesday each month, on which days reduced railroad 

 rates are in effect. My services are free to you. 



Burlington 



D. CLEM DEAVER, General Agent 



Landseekers' Information 

 Bureau, 



59 Q Building, OMAHA, NEB. 



N. B. The winter weather in the Basin Country 

 is fine and lands can usually be seen to advantage all 

 Winter, 



