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

put forth by the League bosses. RURAL CREDITS BA
other oasa5v warrants is and an the expenses q conducting the State government and the
they hs Tas . asas = 9iiie es so sass,s sI thousand So sss ssr sssss IT y< :s s.; ss@f sa sssa !:
: g 5 secured in de eest III sn ssts !. . e e9g%ss;5sR sis issh , sm ~ T iastis @at tsn III Il: g sst,
receives from the farmer to whom the loans were made, and this higher rate
Sy direct tassdoa upon: al e Of Us 'a Who '% a4e h sss' T n q psa a' Of 1g. I credits i
farmer a rate Of interest which viii not only pay the interest upon t5e bonds
s a SINKING int f fad to ca an e f@r q and dhs sn 1esas an, esas wh : Sd d IN : saa.aG" . issats
This Il expense and these losses will in North Dakota be met BY general taxa
guiss Of i th h Bank i ii North t@h p EsSsas P has been &c : fe Sessi' upon at t s1si North @Ts1 D al %s
i s Hs ri : pste fs, ia: 55sssg sil Is r y: s ss5t: i;Bs5sssGJ R5Ssssi 81 from 1ss,s out t.
its. ss11 farmers af Mat and 5n at 2 lower err rate ts than ANY any money has beer procured through the
min.l sie1ste ass an. sss1 n aSs III Tb III hs sas'G Drake K ' n s" %: PURCHASED ss :ssss,GT s: ss IS:
the the greater .s share Of it its output output to .. The Consumers Store company . eenisn-
Drake mi mill 1 aor vas 81 sold afs at least 81 no ee ehesp epa than ao 10 F Of ins a anaM .n sae eps
@std 5s q s: ss1s t sa:s %sne: sss;ss 6 s! n9 nth R Ra5 @s "e ssspt DE- n h :aS sas Esi
t ef sRs as9 day. it a t 5s: sss G@ne shs 5ia eehs sea aas: liz s e' Ss s S. ;6S" 55s ' ansnt;ss;
&C. ee N ss D. s2sg hi 4 t sh s! asst e 81 T :eu R:;ss 81 bags ssx s?: sa.$ ss7 .as 90 o.. f Sss5:e
say sY. that taa h a great .. part Of a, this loss was vas s occasions, sass:! through hr,g the mill !, not asa being
z Brsz no nS report 1s as pubHsS ss7i in Is s Senate as G Journal ov Velu u mot : pa page ses as ss tR4s
gains ss,eo7es, and the League bosses are absolutely opposed to grain
options.
begun % WI ~ss sef tod is'5 5st Il would sa dso ei1 1 1esn s* Ss9s. at nc Cram, miui ee' dollars ss.
thousand 10 asd bond sG Ssas pro- de- fse aas hs initiated that II law sT TO b voted " ns M the
T p1stn g. III e, n%is d & s. vash and nSn ID IS Operating as se fund.- ss de wit b i intassit ts Co com.
tending that limiting the bond issue to this amount would destroy any chance
or Originally Ss Hg gi7 ss' 6x ae Industrial iap Commission o1snass nws set p IS upon ~ar e prices as sd
VA Tss5 ET present. as sl, insy sh nsd t@ ss 9 sGGgass sd Plans a a md dollars 5ss s ;s ;a:sai sas Df s@ 9 3s
and s%p Sun t Sa1 p ppeje ct o snd t Se9n r ese%s at ' tSs 1 BRAKE as m1 wesi sIi Indicate nd seRP esf
there may be something in their contention. If the recall! is carried this mill
s %sasng apS because slsxstS yoa 6a ae sow b San e to asq py 9 eSe Tsag ssn sess ea: s MAX as @ ss
zesus sesI ;s se ~5 ns ss5a 6s f fSmp Te%a :; g d e. farmers s. given hn an n sago1t4sd, " to
i Eir ssi : fair and ;szs sasff ;o trial il first sssiI sss ssas t ssssad is : n;lisn : Of t.pa yer 5 DOL;
t Rsaas1t tSst I hss bs s1n aroused q din sSoes B Dakota mte' We "a t ths q'ei s.t:f failure all fee to . 20
ahead with the project and giveit a fair trial would be a matter of political
s ssos4 ss ii fn th Mos sanf Paaesa i .s . d sss next # twenty sse gp yss5s and ID T t< h ss dess ss$
SHOW \ t%d he . Den ne !" IL fs t desgu - farmers nnssye ma, MTt e an !. he 1sn ohe RI fellows thos., s1 a say a,
posed this project
the League se bosses have nedg nc start PsSA! The pi Equity 1D cooperative es s%ss Packing p1ag
semp, mgu; at b h, Sgo T HSat snd operated 3Psss sdn i plant, dan, which a s, it was s. thought that n.,; the
approximately six hundred thousand dollars as commissions to stock sales
imd: then a" when at the stock $ lasrner we're aa ssa. b ~ sh ha nd naye et a eeri6e, ae1 as
% money MARKET mark +. ti ahnt sd up 1st and adot the = P ao%o 6, s1. to clos T. An An d Investigation On
this six hundred thousand dollars paid for selling stock but m actual oss in
1pssss have sz bs n had i the y st ts s0 Conducted sa' It; IL {ast the ~'I Board ss 1 e. Directors b1 ss $
were actually named by the League leaders and the mn differing and man
are any Of the Ieaguers putt charge Of other state industries. The plant is
now CLOSED m the directors have agreed el Q resign Eether thai have the court
business men, not to have their city outdonee y & Fargo: organized a stock com
business a. built a plant alnn, At least T. a s large e and nd,a !; . nsdssn las As the The Equity a9 r. plant aat. It
Forks plant. and the total investment ii their plant wass six hundred thousand
dollars Just what it cost e sell the first lrtb bunch Of stock in he Equity plant
dred thousand dollars, they are operating and as making some money The
s Something in 'i i the )" claim anmnt9hssatsas man mg4 must mtA Understand Il . BUSINESS a%ss Of his 4 char,
acter in order TO make it 4 success, thatit isn't exactly the job fol a politician
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s s$s ;: s f. +; s$a s;' s s: s sss$sssssSs e $::: s Sc ss &; &: ! Z s Ss e Is; s si S :: e. r. s e i g: e:
q. 81 = Sac a. e ssssss .s~ E e SEQ sss S n e ss. q ss: y y = a es s e.: ss e, + s ss
s Is ~ ~ s$s @ :ssss s s + 4 I: d d a Il :$ = Z s sfs 4: i s e Is = i: ,s !; &: S ~ & e $ H. H. u = 3 ::
p%s %x il ,' g ss ss % %s s%f s ss 5 p ! s' s sps % $ % g %s a%. e a asy essss @ ah be- e.
sS:ss e. = = .s $ r. ! : s $ s VI sss 6 . & e ssssss s Sc e s &C. :. !. ! - s - = + ' e.: : s :: :. :$ ~
s: ::$$s;; s5s ; : &: 7; is: 4 81; !: :;; ; 4: 4 !: $s Z: q ]; s: e; I 81: ID $ & G !: e ::s !; !
i 81 sz 4 : !: e: e III: III: !; Is $ 8 & 4 Z !: st &C., s "a :s ]. e s: ::;::;s e.. 1 |: s. =s Pa; E !: s.: -; 4, & /: