The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-12-15

lily. NORTH DAKOTA
If you want to see sample of hum
orous writing we advise you to read
the editorial of appreciation of Mr..
Cathro's work in the Bank of North
Dakota which the Courier-News car
ries this morning. AS an example OF
unconscious humor it is in a class Ivy
ITSELF
IF Manager Green is to make as
good a record in the Bank of North
Dakota as Manager Cathro he will
have to 20 some." Editorial comment
in the en-. If Manager Green doesn't
make any better record in the Bank
of North Dakota than Mr.. Cathro ne
will have to go some-to get away be-
fore the voters catch him.
According to report submitted to
the industrial commission the Drake
mill average loss of $4,000 per month
between January first and October 10
, last. The audit was made by the
. Equitable Audit Company, Of Mime
apolis, as of October 10 and was SUBJ
mitted to the former industrial COM
mission, then composed Of Lynn j.
Frazier, William Lemke and John n
; Hagan. The report is signed by M .
W. Thatcher, president of the audit
ing company, and was made public by
the new industrial commission yester-
, day. The loss from January first to
: October fifteenth, is given at $21,--
. 712.42. This is one Of the truths that
we told the people before the recall
! election and one of the truths the
Frazied administration covered up The
audit was made by firm favorlng
, the late industrial commission so that
it cannot be said to be colored to nj
the occasion.
! c.. R. Green. of Cavalier, N. D., has
been appointed by Governor Nestos
as manager of the Bank Of North Da-
! kota at salary of $4,000 a year in
stead of $4,000 as formerly paid to
! the ex-liveryman. This saving is IN
| line with one of the campaign pledges
! of the Independents. However, we
feel that to get real business man
, at the head of this institution who will
make good, the salary is not any toe
large. That is one place where man
should be worthy of his hire. 1t is a
! big job and requires the services OF a
big man to fill it. Mr.. Green is re-
ported to be man of much experience
, in banking and those who know him
/ claim that the governor has made a
! very excellent appointment. The
| bank is now going through an audit
so that the status of the institution
can be arrived at before the new man.
ager takes hold. The audit of the
Bank of North Dakota will probably
show many overdrawn accounts IN
various funds. There will be several
.. changes in the heads Of the various
departments under the new manage
ment and it is hoped after the instltu-
ton goes under the new management
things will run along smoothly.
"And unless farm loans are made
now that it has been demonstrated the
bonds are saleable, the new admins
tratior won't last past June" The
wish is father to the thought, and this
axiom is clearly demonstrated by the
above extract from C-N editorial this
morning. The powers that be in the
Courier News management seem to
be in hopes that they may be able to
hurry this administration into maxi
ing farm loans without proper ap-
praisals, or without due formality of
the law. 1t seems hard for said C-N
to realize that the present admins
tration has more regard for the law
than the past one, and that they have
no friends to whom they plan on loan
ing money to regardless of the value
of the security offered. They quote
Mr.. Cathro as saying that there is
nothing to prevent the making OF
81 900, 900 in loans per month, and we
agree with them, if they were to
make them as Mr.. Cathro did,: The
voters placed the present officials IN
Office so that this system OF manage
ment would not be continued and the
new officials seem inclined to bow to
the wishes of the voters-which action
is also new in the state. If the C-N
hopes to rush the present admlnlstra-
ton into making the mistakes OF the
past, and by so doing GUST them from
office at the next election, they are
due for sad disappointment, as the
present officials seem to be level
headed business men who will not be
rushed into any action detrimental to
the best interests of the state.
President Harding seems to be tax
ing his own time about the appoint,
ment of that federal judge, claimed
to be safely landed by Senator NC,
Cumber for friend Andy Miller, OF
Bismarck. Maybe the conscience OF
the president is bothering him a lit,
tie because he knows that this is not
the choice Of the people of the state,
We heard a very knowing politician
say the other day that if Miller, Jim
Shea and Mcbride landed the various
Jobs for which they were slated, that
Senator McCumber had the senator,
ship sewed up. That is about right
but it will be sewed up for some 9TH
err fellow. Right after the holidays we
will again be in the throes Of another