The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1919-10-30
SHOWS UP TOWNLEY
Mf1H0|D0f FINANCE [:
.Ea.&i g.. : i
Continued from page H.

l4v.4vy dad make 1t pontlcal play
t...il, A., d morse OF anot.ter scvlof, and
kul ~. DanoCa, lowniey curseu aS IL Is,
N..l lave no more co.IpuIic.ivn ABOUT
GAZING those responsible Tor the at
tempt IMAM IL did in selevating them TO
pvs.u1ons Oh trust. Fellows, the game
L....Dv. last. It's too raw. tOhtlcaily
h.l..esota is republican at the pres
ca. ...Ie and men OF tnaC fa4tn are IN
cv..Lru4 OF its; affairs OF state. Lon
te...p4..te any of our banks financing
tue nepuDican State central COM,
1.I..ce, OF The Democratic state Cen
ia. cUln.nlttee or the w orklng Mems
Svu.a...l.c Central committee, should
pol..Ica. control of the state be re-.
verse;, with notes and checks OF
Gou0tAui value as security. Kurther
Contemplate the state chairman Oh
any o. the organizations named, the
"o.g Feller" or "Tha Boss" as the
more vulgar call him directing the ex-
peAuitures of the money so. secured
for the uuneft of some political favor
H., id lie bolstering up OF the ma
chine. And still further contemplate
tbs vs.st school trust fund, better than
SoJ,vuU,UU which Minnesota has so
laboI.ously collected and saved for
/ -. of education turned over to
any one of these political organize
The financing Oh chain of
general. stores, quarries, brick yards,
sfain elevators and what
not. Impossible, is probably the way
.....-@s you. Well, the word picture
- ~ nossibly trife overdrawn,
buff is the Townley idea to a dot if
g., d to conclusion.
One of the heaviest borrowers OF
funds ii The Scandinavian American
ba..Ax Oh Fargo, Nd, and which was
closed following an examination OF Its
;.ff..ls only to be re-opened at the
co. Inland of a League controlled
ccu:t yas the Natiolal Nonpartisan
League, A. C. Townley, bankrupt,
president. The National Nonpartisan
League with its subsidiaries, such rs
theiNorth Dakota NonpaItisan Lea
que ana the Minnesota Nonpartisan
League is a political organization and
loWIuey the heao or al three III Ell
iecty eAe1c.ses the same f.iicIions as
w. II. nays, NaIloi4al Republican
cus4...Ian, GustaI LIidqulsU, o.ase
l.opa,i1can chairman, -, u. works,
ph.,lrlu.,n. On AZ L.
q oonllor, who is genefaliy credlted
with carrying the political conCroi OF
st. raui IN the hollow VI ms Iiand.
Another heavy borrower was the
United Stores company, a sociailstlc
dream conceived by Iownley and
fostered by the League. In the case
of both League paper was the sole
security. AS political history goes
this is the first instance Of the bank
ingbsystem of a state being used TO
legaily finance a political organize
ton and that the idea has been effec-
tiulisas far as North Dakota is con-
cerned goes without saying. Political
bosses of the past and those OF the
present. whose financial and political
methods have been more circumscrib-
ed, must fairly weep when they tn nix
Of #. a-e of the provisions OF the
Flickertail state banking law is that
the State Bank of North Dakota shall
be the custodian of al state and
county moneys. 1t keeps on hand
enough of the former to meet cur
rent state demands and the balance,
including the county funds. it re-de-
posts in favored rrivrte hsnks
throughout the state. That these
favored private banks return in kind
w',ass, Townlev or the po'itical organi-
zation Of which he is the head sug-