Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1921-10-24

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announcements by state officials, par
by f. w. Cathro, manager of
1.-THE Bank of North Dakota, that the.
Estate has sold Sc, 100000 of slate
bonds, have been unfocndei. and
THAT instead of selling any such block
of bonds, only 81 1,200,000 of bonds
Ihaye actually been sold to Toledo
bond house, with additional miscel-
Ilaneous sales of about s90l,00O.
The disclosure, too, that the bond
sales actually made have been made
at discount of fike percent, with the
result that the state will pay inter
est on these bonds at rate higher
than5it will collect on money already,
loaned out, all this operating to fur
ther increase taxes has created con-.
Isternation in the ranks of the lea.
guers who have heretofore felt con-
fident that the recall would result
| in the endorsement of the present
state officials. u.
The fact that the suit initiated by
Stutsman county taxpayers forced
| the administration to come into court
and make public the contract for the
| sale of bonds, has served to make it
Impossible for the leaguers to make
political gain of the proceedings.
Z Terms of; this bond contract have,
been zealously guarded up to this,
| ltime. Time after time. d the of fficials
have, refus ed to make it public.
| Try to Conceal Tax Advance
The fact that the state Nonparti-
| san league officials had deliberately
undertaken to conceal also the
amount of this years tax levy--and
the fact that even at this time they
have not permitted meeting Of the
board of equalization to officially fix
the levyhas also reacted against
the administration. i5s s3 &
The levy, as is known, will be
doubled that of last year. The offic-1
iatse however, had undertaken to
hold up the amount until after the
recall election. The pressure from
county officials charged with admin
istration of the tax. laws became SO
great, however, that the tax commits
sioner finally was Obliged to annoln-
ce the amuont of the levy.
The effect of the attempt to con-
ceaL the tremendous advance in this
years tax has been to delay county
officials by from 40 to As days
throwing the great task Of handing
the vast detail connected with taxa
tion into a brief period.
Many Factors Responsible
Many factors are responsible for
the shift of sentiment from the lea
guers to the independents. 4s
h First, the fact that $4,000 peo-ii
pie signed the recall petitions iss "a
guarantee Of support for the elec-3
tionS Of the ndepend
Frazier, for governor, had "a ma !
pority of only a go 0 in the last cleo
ition, when Harding on the Republi-I
can ticket on which Frazier,s name
also appeared, had q majority OF
i117 7,00 90. i55 N ,.5}j II IN, 81
IA Every initiated law passed by al
big margin, in the last election, and,
Furthermore, every candidate for Of
flee supported by the ind endents,
where the question of whet her or I
not the candld date was on the Re-
publican or Democrat ticket was not
involved, y was elected by q 81 bstant-ee
ial ma jority.
III this election there will be no. !.
party designati 1T Sis only a uesA
tion as between the leaguers and the
independents with no compl II catiOnsst
Since the last aele ion the Consu um-
ers stores company was declared
lbanrupt. and thousands OF farmersl
are being forced to pay notes.
Many or the sweekl newspapers,
and The Grand Forks American
have been aband doned, and farmers
who have no Otess are being forced to-
pay,sand they have lost cash put in
tos the ventures.
The Scand lima ayian-A America bank
ar Fargo. and ther league banks
have been closed th \ cOnseque
losses to- farmars VIII, Shad been pre-f
vailed dSuponsI lby leagu uesl leaders To- In
.ss #the last lon tthes league
" comple etc ss0rg tiOn;t
crew ins every connty This year they
have no snch plg gsni1ati lon hiles the!
lndepS ndnnt lre erSs mixed
thlns they$l IA ~ ID sosss
es aet thss|1
icondu thbs sta III III lbtiSgin h1Ye
hlsns goWS tosl sihse sfheS lasts
lncte sNs exssll;
1SHt iliu y 81 scal Ri