Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-27

I$HNOIn dhO o Tic dOu1Iy 10 Hldkc d SulCSS VI HyuAHS
What was the original League program to which the farm
Prior to the legislative session of 1917 a definite program wa
u called for the following:
to aragn the farmers against all other citizens of the state, the program they
used first in getting the farmers money and through which they succeeded in
getting themselves placed in control of the State Government. Of course,
was ssa's rather ahas5 nswP ii N looked ds e "a H3ae i He s a5 IA snes w spasa as ts asn@e esm Sy s a Sease
y IT. to a think &c o d III subject He had not S cen the government run any bust,
them that they were absolutely honest and perfectly qualified to put into
State asa government sa ao os9 to so: Tew seSs5, and 9'e a handful sa Of ths snde 1%a Candidates aania sss
f sass9sa to 6, Sfa's f G51ss; n This 15eg{aso b sss;n got 5n control ntn =. Of t the lf fs ssms w shs
: 5isas out It. d 5q; h; i; 5 :: {1sI se;: ss, ssie s In sestre d i. Nesth Dstets ssssa
Ism sp5f sgur easp out p %s Hsnf Of f Mr4s p s%y ns ssS:m. m a0d ~ Industrial he~nliy ca snd
mission Iaw, the Industrial Commission to have absolute charge Of the bank
chairman q the commss;on and given the he s6solats veto sto power " 20 over s1a all p acts
G. vee east t @T r%St to transfer nnsis' N NY 9 ga1s 10 in sh the en ssate B,a Go% 99nm oe fGn nd
to nc 4sm In Other words. Frazier was given the power to use this money
s qused lly y i. Ills law thai sysry dollar q money raised y taxation in North ps-
posi- in in The e Bank snK ofNo o%T Dakota so@e: Th "@e tax e1 moneys %@se' ~ers all G 1pSssd By to fsv les
s s1'os Was n: ; e5ss5! s%s. after At P; ss sesn5a Rg5 ss b :s " Oh North fssy D %fsst = h s5
pe ssss'f funds sasf bs1o aiig e school, OF d sss9e so1 TIi, se '@ ssss ts countess 5as is*st ss1 p1 in-
e eesaiea iss % ~hss da ss; neasys so Fa} zsdf tot to eo @sss Hs;s7n Of igjs ssads sm 9p s5s:
l msa asp eai,ed t by pay se s osneus e e~stodia mn i a' 5o mGniy d ends5 Previous ad laws laws
s5aT Tsss.5 5stfs Is m a. sBPt e. iaa ssni 49, ~ which hst, interest," 3Ss snsca accrued 5ss7. to g the fund
aeiy ssisn 8. The same: = r IL Iads;si ia ss sn" as ;ess was s" sivsn ct thu si p eS~f
5snds which ~ II law rsqs5sd teb Be- deposited with the BANK: a? and the o )" %se!
s s1ssiti It bank sss cp:ra 1%s At S sast r Rieb h "a bs sss p sessis, s ss fs5m:f for % Vi 5S5, !,
sssts ots & : ON NAV p fsftt ef w ,fisg tSy t %s s1 psying d inPessst s9 3 sf s sS wsH Of
ssy B RsSss sf Sos TT loan Dst sss at ms Ill., = 29 p4d 9sys r assF fs s1n s~sstS e s' ts;4tv as ns #
s sss o a9 e. and ssp %Sh q tse gqG 11sns %0a n H. %p ss g Gis as se1 Sm paid i'd i r. = 5s, att The
understand where hy figured hey made The profit; t i, however, going to
The h 'a affairs e% Of the bsr s@ sps fu ayPs sasn Mnsds ia eses s3 You mu nt' Sy 1 tas t i1 we se
Pss saen that hmt this is, soa = asd. profit ,mtn made BY the the bank was not in reality a profit
tssst sSy n a es ssG yo5 or 1 S@tb ef paRea sd upon ION j it's tx funds msh req @a, to be
~ il would nand. have YER 5s. 81 ed had they still . been permitted tie to deposit the tax funds
si.tent with the security @ 1s Of Of s @ hfgnd GHa so that se this sn se-es l1ed pr '6ss nads +,
i ss e saRs N sa 5se'tz ES ie BssR Cd North sstPt pszs sf which, Tasfh s ss i.s asga ivst su s!s s@a
was Their rural credits bank operated At cost to make loans to farmers, could
Z, the co espi sf stock 's~ a1@ saooe5o o. o,o or Sc aseooi e. s G saEm Der le ess:9t u taa 3%
w ns5sSagss ON ni fsal e t%e st a%s s1 Wsa t tass it s sesp . i@n is 1sss'pt ws of n Sn;ssd
s s,D saas zdh souo q euts sad o @9 TastRp , Subdivisions sTSs R adm o State Stat ess or 6 Maten "a
bank capital which could be USE tic make farm loans; and right here ! want
fund: ase e in IL s;az q } Ee5S 6sles belonging 70 to your = t tssSas s se%s
then dsposting these checks checks Il in the the Bank: Bank 81 N North D aEees' and md r aesivieg
fasash sn an nd s ssses1 of . j. RUFUS s~S " wsia1 as6asi, : 4 Rhss isss'su wefs aszh s5 ss b ss
selling any Of these real estate bonds h and contrary s%rar 10 . i the provisions rosisi " Of our
l .gea shs Il Iad spn4DaG ee@%i;I vi miGea ,h nna 1 hundred %sde 9 ass1 ss3ats Adams Loans in the
=, ass1y . y Of has j2s;s, Leans rs Be z5 made At = tine 5eS VI, when n they h: Knew 5S. TVS vas ge 5sg
yhsn my Insy thst under i. hi ia. adminht5adosn Of affairs Neah psIess
s sssss:s! t d s:s:t ssI ss:s ! i r s, " %ss;y :sS Ss5is 5, Ia Ten @5 5:;::s f. sS;: :s 'ss5s.
g pay he soldiers bonus, to pay your hail loss, etc, and invested this money
lou as1i th sya eou a1'ts sci any ~ es sssp bonds one n o sa. my Y homs building ahdz so Soad sAs g
1sy ies gs y shs b bas ss'G rs si Ssas aaa i fes the p Bana 81 N N tnsse f pssoes e..
stead II ! { rural credits bank conducted at actual cost to furnish to,t IL.
1 psssiSs " ests d uR interest ssst the Re't Esssus o posses ssh had sa alssua e ta and 'o '~sss
8 s ssssss4 sss a'a assassl P3 9sss { The s'c cen se 1asshf st sss' COMPANY gsnss ,d ts ssn ss e
gas.t n e J aesss" .ad eshs sst sntsrp sassas se. IL e1s snaus as~s s and s santr9 9s
s.nI ol North Dakota g conceived With lie idea and purpose d redspos ss
bsnis 81 which the League leaders had secured control through borrowing
i issslg g . ssass' : le = 70 purchase sRsa p ss NEXT Is sa ssast tas E gat sss stock Y ,h Z, s e
ai.ed and putting i up z: collateral l 1 to secure funds : purchase cha another, an
ssdasol ef one bank. 4 was the function of these and friendly banks e tae
ass q ne Nonpartsan League, and as soon As IL Bank Of North Dakota
s - snhl 10 e Il bonds ads to protect asst such uh funds and Without oM regard ar 70 the he financial nsnell
ssssisss. & e ssa s' g., & IL si mech: sa q e. ssR saap. e. is, nss ssss e. sssa si. IS say
Asceasaners Store. e. should be taken ea1e a When the scandinavian.
MI hundred Thousand dollars d State tax moneys without any bond insuu-
8s3&n : nv mOnhs il bank known by everyone ii Fargo Is have benin