The Ward County independent., 1921-11-24

there will be no better field in which
to purchase mortgages, warrants, tax
certificates, bonds and other securities
than in the State Of North Dakota,
and believe that the people Of other
states will recognize this fact, and
that with such recognition will come
an immediate investment in these
North Dakota securities as safe and
desirable source of income, with the
result that our credit will be speedily
rebuilt and restored.
"The issues of the recent campaign
were thoroughly discussed and care
fully considered by the people of our
state. In the outcome Of the election
following the campaign l believe.
therefore, there lies an expression Of
confidence in the integrity and high
purpose of the incoming officials, and
a feeling on the part of the people
that the promises made during the
campaign were sincerely made and
that they will be honestly and fairly
kept and performed by the officials
elected. 1t is the purpose of the incom-
ing administration to redeem the
promises made and to carry out the
plans fully, fairly and honestly.
II am confident that in the rebuild.
ing Of the states credit, the establish
ment of a system of rural credits eff
ficiently conducted will be Of great
value to our people. While the act
providing for a system of rural cred
its was lost because Of the many who
failed to vote on these laws, and while
the existing laws place limit Of
$10,000,00O upon the bonds that may
be issued for this purpose, / feel nev-
ertheless that an efficient and econo-
mical system of rural credits can be
established and conducted under the
present laws Of our state, and will
result in securing for our farmers
the privilege Of making farm loans
at a reasonable rate of interest and
at small cost. Such defects as exist
in the present law can be obviated
and the public interest fully safe
guarded by regulations to be adopted
by the new Industrial commission. :.
State Ownership Disputed
"There is much difference of opinion
among the people as to the wisdom
OF feasibility Of state-owned and state
operated industrial enterprises An
increasing number of our citizens be-
lieve that ultimately the solution of
the many difficult and perplexing
problems in connection with the mar
keting and milling of our grain will
come through the voluntary co-opera-
tion Of the people who raise the grain,
and in this view, l personally concur.
But at the present time we have en-
tered upon the experiment of running
mill at Drake and establishing a
mill and elevator Of larger capacity
at Grand Forks with the exception
that the Grand Forks project shall be
completed and managed for the benefit
of the farmers and taxpayers Of North
Dakota. Nearly $1,000, 900 has al
ready been invested in the buildings,
and both as matter of salvaging this
property most advantageously, and
also for the purpose of furnishing
the opportunity to those thousands
Of farmers who honestly believe that
such state.owned and operated mill
and elevator can be made profitable,
to have the experiment tried fully,
fairly and honestly, we shall as we
promised in our platform and cam
paign speeches, complete the mill and
elevator at Grand Forks as economic
ally and speedily as possible. We pro-
pose to provide, by the sale of bonds,
the funds required not only for the
completion Of the mill and elevator
but also for the working capital of
the project and then proposed to ar
range for management, honest, eff
cient and economical so as to insure
a full, fair and honest trial of the
experiment.
Agricultural Interests Important
ctn<1 &c .k, 10
and is yitally interested in everything
that affects the welfare of the farm
ers. The cause Of the low prices for
so many Of the farm products is there
fore. matter deserving Of our at
tention and most careful study. Many
of the articles that the farmer must
buy have not been reduced in price in
proportion to the fall in the prices of
the products raised on the farm. These
problems are, however, not problems
to North Dakota, but are problems
confronting the farmers in every state
of the Union. l believe that North
Dakota can and should assist in the
solution Of these problems and should
join in the movements that tend to-
ward the solution Of the marketing
problems and the improvement of con-
ditions on the farms.
II desire, in the conduct of the gov
ernor,s office and in the management
of the states business, to secure the
best possible results for the people of
our state, and for the purpose Of real
izing this hope, it is my purpose to
counsel with all who take an interest
in public affairs and who have the
welfare Of the state at heart, regard
less Of past political affiliations. We
intend to seek and to secure, if pos
sible, the benefit Of the knowledge,
training and experience Of those who
are expert in all departments Of our
state government and of all activities
in which the state is interested, seek
ing in the solution of each problem
that confronts the administration the
advice of those who are especially
versed therein.
ut is the hope and purpose of the
incoming administration to forget
as far as possible the differences and
discords Of past campaigns, and to
view the present situation in the state
calmly and dispassionately> and with