The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1885-10-23

article on the subject OF homestead
exemption under the new constitution
together with'the comments Of the
Kimball GRAPHIC theron. The Re
publican is not engaged in airing its
own notions on this subject. 1t de.
slres to advise the people Of the jim
Valley of the exact character of the
document they are called upon to en-
dorse.
In this connection a brief glance at
the law in some of the older states
may be of interest.
In Wisconsin the statute exempts
40 acres without regard to value.
In Minnesota the statute exempts
so acres without limit on value.
In Iowa the exemption is 40 acres
without limit on valne.
These provisions have embodied
the policy OF these states respectively
from the date of their admission. 1t
is worthy Of remark that Wisconsin,
Minnesota and Iowa are three Of the
most prosperous, enterprising states
in the Union. Not only are they
thrifty, but their credit is exception
ally ~high.-NitcAeN Republican.
Our esteemed contemporary then
argues that the limitation of value
destroys the true idea of homestead
exemptions.
The Repu11icon draws attention to
the three states mentioned above be.
cause they happen to fit the case.
With the exception Of Kansas and
Florida no other states have as lib
eral exemption laws. As an exam.
pie glance at the laws of New York
Pennsylvania and Ohio, the three
leading states in the Union. In New
York the statute exeinpss a homestead
to the value of $1,000; in penBsYs
vaHia a homestead is not exempt a
all, and personal property only to tn,
value Of $500. In Ohio the statut,
is the same as that of New York
Illinois is the same, and in Indian;
it is 5000. 1t may be Of interest i,
this connection TO mention that il
California, idaho, Nevada and Texa
the statutes exempt homesteads Il
the value of $1,000. In the cthe
states in the Union not mentione,
above tee statutes exempt homestead
all the way to the value of from $50
! to $4,000. In a few Of them, how
ever. the laws are the am as il
Pennsylvania, no exemption. If tn
states mentioned by the RepN5iea.
are prosperous and with credit exceE
tionaliy high SO is the fact equal
true OF the other states where Their
is a limitation to the value of home
steads exempt. The mere fact o
Wisconsin or some other state ha,
ing a statute which exempts so acre
of laad without regard to value doe
not warrant the belief. that such
law is the proper u and the one fo
Dakota to copy after. The GRAPHIC
like its Mitchell contemporary, is nc
anxious to air It's own notions on th
subject any further than to expires
the belief that the interests of q
classes in Dakota will be best serve
by an exemption law which limit
the value of a homestead or othe
real estate. Such a law could b
made liberal enough to afford ampl
projection to the great majority {
] the farmers and claifa holder
throughout Dakota, and at the sam
time effec.ually prevent a merchal
tile man or%sspeculator from concer
trating his wealth into a "homestead
and defrauding his creditors to an
great extent.
The result Of the Ohio election j
food and drink to the Sioux Cit
Journal.
President Cleveland has appointe
Michael T. slattery postmaster q
Bismarck.
An editorial picnic in Michiga