The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-03-17

~-I-
In view of the stringency in the
LIQUID funds of the Bank of North Da-
kota is it not about time for Director
General Cathro to flood the mails with
another report on the Banks financial
condition?
OF course the downward trend OF
wheat prices tends to encourage farm.
ers to make record paintings, doesn't
it?-Courier-News. =, ,.,,
Sure. And Senator Ladd and MIL
Wrecker McGovern advised our farm
ers to hold their wheat and through
this very fine advice they have lost
that two hundred million dollars OF
money which the c: N. SO voclier1usiy
alludes to as the doings OF pig pusl-
ness. Did Mr.. Ladd and Mr.McGovern
represent big business we are leo 70
ask? Now the league managers any {,
papers say Summer fallow and 1ght. :,
we presume they want to lose several
million dollars more and after thaI IS
done will lay the whole trouble to pig
business.
Although payment to injured work
men out of the fund Of nearly MIL
lion dollars created under the work,
mems compensation act are beng held
IN bv the Bank of North Dakota, the
hi1reau is determined to force employ
ers to put more money into the tund
Yesterday it was announced that about
20 suits have been instituted by the
bureau against employers in various
narts of the state to force payment
~ levies made upon them. Many ad.
dit;onal actions Of like nature are still
to be filed, according to bureau on1-
Gals. The breaking down OF the BANK
If North Dakota has resulted III
checks drawn for the widows OF dead
workmen, or injured workmen them
selves. being dishonored by the bank
within the last few days.
Total appropriations made by the
Ia Ct session of Congress for the next
fiscal wear amounted to approximately
So 800, 100000. The estimates sao,
mitted by the retiring adm1n ns6
reached a total Of $5,25O,O0o'OoO, mus
indicating a saving to the people py
the republican congress OF aDou'
sl.45O, 0OO, 900. That record OF econ
omy is in line with that which has pre-
vailed throughout the two years OF
the Congress that has, just EXPIRED
Savings will continue in the future
hit there will not be the great. dis
crenancy between estimates and ap-
preparations. The budget in the fu-
ture will be prepared by republican
executive branch of the governmen1t:
90 intent on economy as the regubl-
cans in Congress.
Comfy conventions and caucuses
are to be held in the next few days to
alact delegates to the convention to be
hold at Devils Lake at the end OF next
week. which convention is to decide
the all important question as to
whether recall election is to be held
o.. not. The sentiment in this vlclnlIy
and in Barnes county is very strongly
oonosed to a recall at this time and IL
Is nrobable that delegation feehng
that way will be elected to represent
the county at that convention. Ihere
is no division of opinion as regards
What ought to be done at this time
hit the great question is: is it the
nroper time to do it. 1t Will cost d
vast amount of money to put over
recall election and after it is put. over
and should the Independents win, IL
would only put them in power TOT
very short time and then the regular
election would be coming at the prl-
mary next year.
How safe is your salary? How safe
is your spending capacity? How safe
is YOUR ability to indulge yourself win
the things that you want, aside from
the things you actually need? These
things are as safe as you and your
neighbors make them. When the pub
lie INDUCED in buying strike last &C.
tober and November, it is true prices
came down. Incidentally, retailers
stocks remained stagnant. Wholesal-
ers received no orders from retailers,
mills received no orders from manu-
facturers, and both mills and manu-
facturers stopped producing. In less
than two months nearly two million
workers were out of jobs. Those who
stopped buying from their own free
will soon found themselves in a posi-
ton where they couldn't buy if they
wanted to. Keep buying until the 9TH
er IS per cent are back. There must
be no unemployed in America. It's up
to you.
The. Bank of North Dakota yester-
day paid its one million dollar debt
to the Chicago firm for the money Sc
cured for the sale of bonds to that
amount. The Courier-News this
morning goes out Of it's way to gloat
over this and to say that the l. Y. A..
has received a severe blow on account
of this debt being paid. Good land.
Does the big state of North Dakota
have to run big headlines to tell the
people that it is honest and pays its
debts. We did not think that it was
necessary for any honest firm. corpor-
alton or man to advertise that honesty
was the great foundation of its bust
ness life. At the same time if this
big bank at Bismarck is so honest in
meeting it's obligations why does it
not pay the soldiers bonus checks, the
hail insurance checks and the compen-
sation checks that it has been refus
ing to pay. We rather suspect that
this great institution that is advertis-
ing to the four winds of heaven that