The weekly times-record. (Valley City, N.D.) 1912-1922, 1919-10-09


of late-in other words the governor
through his proclamation says that
post dated checks are all right and are
first-class collateral. If this is true
then we might as we'll commence pay
ing our bills with post dated checks.
For instance, suppose we owe several
hundred dollars for coal, groceries,
clothing and the like, and in order to. !,
make ourselves solid with our credl-
tors we issue post dated checks due
say January first. How many OF you
business men and how many OF YOU
FARMERS would accept such checks
and call them good. Not one OF you:
Yet we~are told that checks issued
payable three or six months from
date of issue are perfectly good col
lateral. A man may be worth a mil
lion dollars today and issue his check
payable next week and by the time
next week rolled around he might
have become involved in a foolish
speculation, lost all of his money and
his check would be as worthless as one
of those scraps Of paper that Germany
used to sign in the way of treaties,
vet this post dated check would be re-
posing in the Scandinavian American
bank as collateral. Does any reason
able man think that is sound banking
or good business No sane man thinks
so. The only ones who think they, are
good are the bunch of state Wreckers
who are getting the money out OF the
people on wildcat business methods.
The very minute man issues posi-
dated check he says by his action that
he is not in the best financial condl-
ton and there is nothing stable or
solid about any such transaction. ANY
state official or any other business
man who advocates doing business on
this kind of theory is either non
compis mentis or inclined to do busl-
ness any way but straight and hon.
est one. That's all there is to it and
that is the only honest way to look
at it.
There are things doing around the
state these days. Yesterday the ON
Gals of the Bank of North DAKOTA
the pet institution that was going to
loan the farmers money for per cent
but doesn't and the great INSTITUTION
that was going to cure all the ills that
the flesh and the people are heir TO,
has refused to let the state auditor
continue checking up the institution,
in fact one of the officials, when mr..
Kositzky showed up to examine the
hank day before yesterday wanted the
auditor to 20 into the alley and fight 1t
out a la Liggett. The auditor declln-
ed the invitation, checking up for one
dav. then he was barred from the
hank. If the bank is all right and
there is nothing wrong about IT, why
are the officials moving heaven ana
earth to shut off an investigation ana
check of an institution that is Jug
cling with millions of the peoples
money. It is high time the people; OF
the State awoke to the fact that they
have no rights any more and tnat !ne
bunch of buccaneers who are driVlhg
the ship of state onto the snoals Oh
financial ruin, are the only ones thal
have a say in matters and they can
run the state as high handed as tney
feel like it and there is no one appar-
entlv to say them nay. Mr.. LANCER IS
making an honest effort to guard, the
nublic funds but he is having hard
time of it trying to do his duty: we
believe that he is honest IN MS en-
beavers and knows just what ne is
doing and the condition of things put
the bunch who are running things with
such high hand are tearing up the
track of his investigation special IN
order to stop any further investlga-
ton. Shall the people rule! 1t
doesn't seem so in North Dakota. 1t
seems that the people have thrown the
states affairs into the hands OF the
Phillistines. Now the great moral up 4
lift labeled the Courier News, wants
Mr.. LANCER impeached. Sure they 40.
to get Bill LANCER, kosltzky
or anv other honest official out OF the
way they want removed. Go to it 1T
is long lane that has no turning
it is said.