Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-01-15
Resolution Calls For Frazier
And industrial Commission 10
kplain; Full T,ext Received

~ 10y ~ f3fFH-gA. t~1TAAH tr@t " Cd ~" stIFfS
credit, and ii . bountiful crop 81 1891;
and, ts /. ,3s2 - Sss
whereas, evsry citiisen knows that
ing crisis be- averted and We as farm
ers and business men be afforded
every opportunity to restore the IN
dividual credit of the farmers and:
businenaSSmen: of. the state, and OF the
state itself.#than to carry out at this,
time any further social or economic
progranA;, no matter how great it's pos
stbifttes Tor good may seem to be,
and, ssssssaSS q
whereas, the impending crisis IN
this state cannot be. averted, without
the closest and most unselfish CO..
operation upon the part OF all citizens
and especially Of those public officials,
and others who are, entrusted with
public. affairs, in which the credit .of
the state &andsitsi people r involved,
whereas. as the result Of tn. con-
ferences called by the. State Bank
Examaner for the purpose Of attempt
ing to- ftnd 2 way out. Of our financial
made bySa committee of bankers and
business men. whereby there would be
brought into our state and made inn
mediately available $e,25O. 900, and in
all, probability within a short time
$4,000 0 more, if such sums should
be needed to fairly try out the Mill
n Elevator projects now under way.
the Home Builders Association, and
to every public treasury the
ash which each should have available
as checking accounts and sinking
funds with which to keep our schools
IN operation and our local govern
ments functioning, and make available
for the Bank Of North Dakota funds
enough to.make it a serviceable rural.
credits bank and a banking institution
for the state as we'll as for state insti-
buttons and industries; all this with
out n other requirement Of the In
dustrial Commission and state officials
than that they shall limit the opera
ton. of"our so-called Farmers Indus
trial Program. for the present, to the
several projects which it is thus pro-
posed to finance and support, and will
safeguard the depositing of funds of
counties. townships, school districts.
boards of education, villages and
cities, and insure for such fund a. rate
OF Interest, upon deposits. and
Whereas, Governor Frazier and his
associates on the Industrial Commits
sion have refused to even consider this
proposition made by these citizens Of
North Dakota interested only in the
welfare OF u state, who, in order to
alleviate the grave and acute finan-
clal condition now confronting us.
have ignored any personal opinion
they may have as to the economic
questions involved in North Dakota's
Industrial Program
THEREFORE, BE IT RESOLVED
BY THE HOUSE OF REPRESENTA-
TIVES OF THE STATE OF NORTH
DAKOTA. that in reply to the antici-
pated request of the Senate for our
concurrence in a resolution providing
for a joint committee Of the House
n Senate, to pass upon all Industrial
Program legislation to be considered,
and which committee would tie the
hands Of this House so that no meas
ures pertaining to our Industrial Pro-
gram affairs could be proposed: we
hereby declare that in our opinion
the first step necessary to the bring
Ing about Of a fair trial Of the Indus
trial Program now under way and of
alternating our present serious finan-
cial condition, is for the Governor and
his associates upon the Industrial
Commission. to either propose some
method by which the Industrial Pro-
gram and the other needs Of the state
and its citizens can be financed. or
] to at least point out to the Legislative
7 Assembly and the public. some real
reason why the proposition as above
made was summarily rejected and
waved aside with the flippant and
baseless charge that such proposition
was made at the dictation Of Wall
street or some other mythical power
alleged to be opposed to the Interests
OF the people Of North Dakota.
Respectfully submitted to his Hon.
or. h Governor, and to the Senate,
Mr.. Kitchen. moves the adoption OF
the Resolution.
Rep. Watt Of Cass. then introduced
his resolution to prohibit speculation
in grain and food stuffs.
Il am for this resolution because
1t viii stop the kind of robbery 1 tried
20 tell about q few minutes ago." said
Mr.. Patterson. "
carried with only one dissenting vote
which was cast by Harding of EN-.
mons county. who said he did no,
understand the resolution.
Maddack. Patterson and severa,
other leaguers explained their votes
saying that they 'belived the Indepen.
dents were sincere in offering thi.
resolution for the good of the farmers
wnereupon several Of the league rep.
resentataves who had previously voted
against the measure changed thei,
votes. T""~ Ht
The text Of the resolution follows:
Joint Resolution
Introduced by Mr.. Watt.
Whereas, the agricultural producers
v OF this state, and of the nation gen.
orally lave been needlessly and un.
9~usttfiably deprived of their return.
from their labor, III investment dur.
ing the past season because of the un
warranted slump in grain prices
largely attributable to unfair market.
ing conditions, and particularly due
as is generally supposed, and we veri.
" Deiieve, to the vicious practice o,
specializing in grain and othef fooG
products, and
Whereas; Immediate and, drasti,