Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1918-09-30
DEBT WITHOUT
LIMIT ISSUE
OF CAMPAIGN
Doyle Shows Clearly the Re
suit Of Proposed consti-
tutional Amendment.

public debt Is again an issue before
the people of North Dakota, S. j.
Doyle, Democratic candidate for gov-
ernor, declared at q meeting held
alyzed thep revision proposed In one
of the group Of amendments initiate
partisan league policies.
ed by the Socialists who direct Non
Mr., Doyle pointed out con-
clusively that instead of a $12,-
900, 900 proposed public debt linn
it. the Socialists have, in fact, alb
solutely removed the limit en-
tirely.. and If he proposed
tuition is adopted in the Mo-
vember election. the way is OPP
ened to unlimited issuance of
bonds, just as the limit was en-
tirely removed in the notorious
and ~discredited H. B. "A, present
ed by the Socialists to the last
legislature.
just as they did in H. B. "A,
the Socialists are seeking to put
their unlimited debt provision
into the constitution by stealth,
having failed in the seven months
that the amendments have been
before the people, to at any time
indicate that the amendment
d was duyt1lAS UuI d p1S,VoV,N
900 limit proposition.
Many Nonpartisan league members
attended the Hazen meeting at which
Mr.. Doyle first outlined the unlim-
tied public debt plan as proposed
by the Socialists. They were intense
ly interested in the analysis, and
many of them declared to Mr.. Doyle,
after the meeting, their appreciation
OF his explanation of the real intent
80 A. -a@>~ -o1-l~.1~% ~ 1,,1C
ton.
The Platform.
MANY people of this state are won
dering why Governor Frazier, who,
has now had almost three years ex-
perience on the stump, should hest
tate to meet me, a beginner, in joint
discussion of the issues of this cam
paign." said Mr.. Doyle. 1T isn't my
self that he is afraid of, but it is the
platform hat he fears to discuss, and
well he may because he stands on an
invisible platform supporting a pro-
gram full Of holes and jokers.
1.-The program that he is advocat-
ing is not the same as the plans that
are being worked out for his admin
other state, by cunning politicians
who have neither homes nor proper
ty in this or any other state. Their
whole interest in the matter is to live
in glory while they watch us try gu
some Utopian dreams of parlor phil
osophers, who eve did a days man
ual labor in their life.
1.-Two years ago Governor Frazier
said, in his prediction speeches
speaking of the changes in govern
ment. that we must move slowly and
cautiously, try out one thing at a
time, because many interests were
involved. But no sooner than the
legislature convened, than he urged
the passage Of a bill that proposed
constitution than has ever been pro-
posed in the history of any state ir
the union, and all of them at once
Another Surprise.
"Now we are being urged to adopt
a set Of constitutional amendments
cunningly drawn SO as to seem harm
less, and give us the same feeling
election speeches did two years ago
but which will, if adopted, produce
just as big surprises when the legis'
lature next January as die
H. B.. A.
Zone of the amendments proposed
is to section 1872 Of the present 20
stitution, the proposed amendment
being as follows:
1.-The state may issue or guar
antee the payment Of bonds,
provided that all bonds in ex-
cess Of 1000, 900 shall be secur-
ed by first mortgage upon real
estate in amounts not to exceed
one-haif Of it's value, or upon
real estate and persona! property
Of s~tate-owned utilities, enter
prises Or industries, in amounts
not. exceeding its value. and, pro-
vided further. that the safe shall
mt iSS11e or o11a ran fea honda
upon property Of state-owned
utilities, enterprises or industries
in excess of ten million dollars
You will notice that bonds tina
the state may issue or guarantee ar
divided into three classes" continues
Mr.. Doyle.
Tho Real Provisions.
First, blanket bonds against al
property in the state up to $4,000,
900.
Second, bonds against first mort
cent Of the value of every acre 70
land in the state, both farm and cit
real estate, with the blue sky as tn
limit on this class of bonds.
Third, bonds upon real or pei
sonal property of state owned utili
ties, enterprises or industries I
amounts not to exceed its whole valu
and the limit on this class Of bond
is 1000, 900.
'Yn thia.proposed amendment tn
Socialists a not dared to face tn
people quite 30 openly as they did
H..B. A. They are apparently raj.
ing the debt limit from 5000, 900
$12. 000, 900, sixty times greater tina
1t Is a present, but as a matter {
fact they, are absolutely taking til
limit eff debt that the state may II
cur"