The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1919-01-15
LEAGUE SQUARES
AWAY TO VOYAGE
UNCHARTED SEAS
(Continued From Page One.)

NCOuLluuVu = IOlu axe OA0.l
with the state affairs committee Of the
house. These measures, which were
approved in league caucus last !Satur
day, already have been fully explain
ed. They stand on the calendar as
Senate Bills 20 and 10, respectively,
aud both have been referred to the
state affairs committee, which is ex-
pected to report them out as soon as
the senate has ratified the league am
endmcnts removing the constitutional
debt lint and authorizing the state to
engage in any industry or line of bus
mess except the manufacture of in
toyicants.
One of the rather remarkable fea-
lures Of the leagues economic enter,
| prises is the extent to which they in,
tcrlock and the degree to which the.
state industrial commission. composed
of the governor. the attorney general
and the commissioner Of agriculture
and labor, dominate every proposition.
There are some leaguers who would
! rather see the Industrial commission
composed of five, and to include the
state treasurer and the state bank eX-
aminer or perhaps a member chosen
directly by the people as a member
of the commission. The governor, the
attorney general and the commissioner
| Of agriculture, however, are three
thoroughly dependable leaguers, and it
is not probable that the managers Of
the organization will wish to see their
harmonious direction Of state owned
enterprises possibly complicated. by
even majority of two who have not
been so long or so closely identified
with the heart of the moement. -.
MORE FUNDS FOR BANK. go. .
The state home building association
. created by S. 3. 10, will be another
important source of revenue for the
Bauk of North Dakota. The bill pro-
vides that all funds of the home build
ing association shall be deposited in
and disbursed by the Bank of North
Dakota. which shall act Jas financial
agent for the association. If the plan
succeeds at al the average paid III in
each Of the states 81 counties with
in two years should not be less than
100000, adding neat S5,OOO,OOO to
the resources of North Dakota.
The Bank of North Dakota also il
official repository for all funds Of
the North Dakota Mill & Elevator as
ISOLATION. created by S. j. 20, and
which, if it lives up to expectations,
should develop into q mammoth con-
Germ The association is authorized to
manufacture and market all flaner of
! farm produce. It may establish mills
and factories and buying and selling
!aegncies to any number required with
| tot nj TO c1, e
many branches or bureaus or agencies
outside the state as it may see fit. It
is provided with an initial capital Of
S., 100000, which probably will be Inn
mediately full paid in in the, form
Of state bonds, which will be deposit
ed with the Bank of North Dakota as
collateral for the actual money which
the association viii require in It's ex-,
|tensive transactions.
| This association may establish either
retail or. wholesale markets in the
Twin Cities, Chicago or New York,
and it may il it chooses carry ont the
league program Of direct Distribution
from the producer to the consumer,
eliminating all middle-men other than
1.-THE association itself The associat ton
| is required to provide its services at
as near cost as possible, allowing a
reasonable margin to take care OF de-
probation Of it's plants.
TERMINALS AND MILLS.
Undoubtedly the first act Of the mill
and elevator association viii be the
lestablishment Of several large termi-
fnal elevators, with mills attached. The
association will be expected ultimately
Ito entirely control the grain and mill