The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1920-10-26

"a lSC anu tlltll Hc lDuHC IOulu uuNC
! Bank Of North Dakota over the tele-
Record charges and proof:
Mr.. CathrO says that no money has
been loaned to Nonpartisans of Bar
nes county or any other county for
political purposes from the Bank OF
| North Dakota. Mr.. Cathro says we
are liar so we are going to prove
that instead Of the editor being the
liar it is the manager of the Bank
Of North Dakota We had not intend
ed giving the names of these five
men in Barnes county who got money
on their notes for political purposes.
We are forced to do so by Mr. Ca
thro's accusation that we lied They
are:
| C. II. NOLTIMlER,
JOHN STAUB,
GEORGE G.. RASMUSSEN.
JOHN MCINTYRE,
WIN. OLSON.
These notes were given to the Sec
urity National bank of this city and
at the time Mr.. Townley came to Bar
mes county to get money for the Nom
partisan campaign right after the pri
mary, clectiob. Many thousands OF
dollars were taken in and subscribed
these five notes were part of the
money contributed The banks of Val
ley City, some Of them were asked
to take these notes but refused, and
finally the Security National bank of
this city, after being guaranteed thai
the $12,5OO would be sent from the
Bank of North Dakota to be held as
security until these notes were paid
took the notes and they were in this
bank at the time we wrote the eui-
torial referred to and probably are
now. When. the banks would not take
the notes the leaguers got in touch
with the Bank Of North Dakota to get
the money, and by mistake the wrong
phone number was secured at Valley
City and one of our prominent lady
citizens got to the phone and heard
considerable of the conversation from
the state bank and could have got
ten the whole works but she told them
at Bismarck that they had the wrong
number. We can give the lady's name,
also, if necessary. However, the
money was sent to the Security Ma
tional bank of this city to guarantee
the notes and it was sent at the re-
quest of the league leaders and Mr..
Cathro knows it only too we'll. He is
deliberately and wilfully trying to de-
ceive the people of this state in these
matters,
Done Other Places
What has been done in Barnes
county has been done in other coun-
ties of the state, no doubt, although
we cannot say as to that, but we 90
know that it was done in Barnes
county. "ShoOt it to the Other Banks
Cathro all you want to but you can
not fool the people. You may call the
editor of this paper liar but you
cannot stop us from telling the truth'
neither can your arch conspirator Mr.
Townley drive us out of business Why
has the Bank of North Dakota loaned
millions of dollars of money outside
of the state at 2 per cent When yol
can get 4 per cent for it in the state
and more from good farmers II you
want to loan it to them and they are
the ones who should get it. Mllllons
of dollars have been lost to the farm
ers of the state by this reckless plac-
ing of public funds at a lower ra'e
of interest than could pc secured d.
home. Why has Cathro been tool
to this sort of business. why nave
not the farmers of this state been al
lowed to borrow money at reason
able rate of interest on their own
GOOD paper instead of peanut pol1ti
clans who have been boosting TINS
socialistic propaganda that IS gong
on in North Dakota? Why is IL that
the Bank of North Dakota or rather the
officials are so afraid to let the peo-
nle of the state know its condition
Why is it that every effort on the
part of the state auditor to examine
this bank is resisted by those IN
charge? Are there lot more notes
for $500 each held as political co.,
lateral backed by the money OF the
farmers of this state while the 1arm'
ers themselves can get no money u
tide them over the rough spots! Come
on Cathro, tell the people these th1ngs.
You have asked for information, call
ed the editor liar, now we are BACK
ing up our statements, and you can
not back yours because we have IN"
goods on you.
Challenges Denial
You cannot deny the fact that on
solicitation from your political bosses
of whom you are their most subser-
Went tool, that you sent this slz'
500 to the Security National bank o.
this CITY to take care OF these 1l'e
notes. You know that either you Or
those under you at the orders OF some
one higher up there sent this money
and YOU know, of course, that these
notes were given. If they were nov
for political purposes will you klnolv
state to the people of this state why
that much money was loaned to i've
of the most responsible farmers OF
barnes county who would not need