The Devils Lake world. (Devils Lake, N.D.) 1920-1982, 1920-10-27

at the destruction of these laws? The !. Y. A.
fought them when they fought the Non
J. Frazier was elected with those law as his
platform. They fought them when they were
introduced in the legislatures of 1917 and 1919.
They appealed to the people in June, 1919,
and the people sustained the laws. Now they
take another devious method of attacking
them-thru an initiative. which pretends to
and whose real purpose is to
ANNIHHATE!
With that asa setting; let us now examine
the amendments offered by the I. V. A., and
upon which the people will vote Nov. 2. These
amendments to the farmers laws will be found
on the @Initiated Measures Ballot.
It is significant that THREE of the Five
amendments are aimed at THE BANK OF
ceive so much attention? Because the Money
Huns of this, and other states WANT A
THREE-TO-ONE chance at Gripping or killing
the one measure which upholds and is the
foundation for ALL THE OTHER LEAGUE
LAWS! If ONE of the three should be ap-
proved by the people-it will puncture one
tire Of the industrial automobile. It may move,
but it will be slow work. If TWO of the three
be approved-there go two tires, and no gar
age within a million miles. If THREE
amendments are approved-the whole program
and the Bank is strapped. THAT is THE
INTENT OF THOSE OFFERING THESE
AMENDMENTS. They are persistent, in the
face OF seven distinct rebuffs handed them
by the voters. Their motive? You can figure
it out-and it isn't anything good for you, or
the state OF the omno people.
Here is the text of the first amendment
offered:
"Board Of Auditors"
This law amends Section 800 of the compiled laws
os 1918 so as to read as follows:
sectlon 36o. There is hereby created (. board of
auditors for the State of North Dakota which shall
consist Of the secretary of state, the state auditor, and
the attorney general, whose duty it shall be to examine
and audit the accounts, books and vouchers of the state
treasurer, and of the Bank Of North Dakota and Of
all other industrial institutions of the state, and to take
an account and ascertain the amount of funds in the
STATE treasury or belonging to the state, and to take
an account and ascertain the assets and liabilities of
the Bank of North Dakota and of all other industrial
lnsI-'utlons ot the state, at least twice in each year
without previous notice to the treasurer. or to the
officials of said state Institutions and make report
1ae:eot, and Of their acts and doings in the premises,
10 the governor, and make the same public, and also
to witness and attest the transfer and delivery of
accounts, books, vouchers and funds by any outgoing
treasurer or bank manager, or manager of any in
dustr!a1 institution, to his successor in office, and re-
port the same to the governor, and the failure or neg
iect OF tbs. aforesaid board of auditors, or any member
thereof, TO do and perform any Of the acts at the
time, Or times. and in the manner in this section pro-
vlded for, shall! constitute and be misdeneanor in office.
The board is authorized and empowered to en2plov
such expert accountants as it may deem necessary to
carry out the provisions Of this section.
Inc trlckery of this amendment lies in
these four facts:
First: The Bank of North Dakota, under
existing law, is examined twice a year by the
State Examiner;
Second: The Bankers Association is PER
FECTLY SATISFIED to have the State Ex-
amlner examine their banks, since they do not
ask that their banks be turned over to the
mercy of this precious Board of Auditors"
Third: The Bankers Association refused
point blank in June 1920, the request of the
Industrial Commission that it name two
BANKERS to examine the Bank of North d.
kota with the State Examiner-which proves
that they do not want an impartial audit, or
any audit. What they cry is: Death to the
Bank"
Fourth: Many outside labor unions are
placing their funds with the Bank and an in
creasing number of North Dakota banks are
friendly to the Bank of North Dakota.
The fourth point will bear looking into
further. The l. V. A. is working hard to Sc
cure the election of Tom Hall, secretary .of
state; Carl Kositzky, state auditor, and to de.
feat William Lemke. It HOPES to have one
or both of the traitors in office, and by the
power given them through this amendment
they will be enabled to tip off to outside Big
Business the names of those labor unions hav.
ing deposits with the Bank, SO that pressure
can be brought to force withdrawalsaof these
funds. In like manner the Bankers Associa.
1on can be put wise to those banks which