The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-10-06
GEORGE BALLARD
CREATED HUMOR
NICE TIME WAS HAD AT
SHIPSTEAD MEETING
SCENE, KRON'S GROVE
But Farm Labor Candidate Took
Joy Out of Life With
Gloom Stuff

DR.. Henrik SnpSIedu, ldI LHSi 4auOA
candidate for the United States SEN
ate, was greeted by small delega-
ton of farmers and others in Krons
grove, North Mankato, yesterday az
ternoon. He arrived here from Wa
SEGA where he stated that he spoke
to a large audience. Last night he
spoke at lie Sueur. In statement
10 The Free Press DR.. Shipste2d said
that the chances of election never
looked better. Up to now he had
been campaigning in che northern
part of the state, and is just now in
vading southern Minnesoa. In add
ton 10 Mr.. Shipstead there were
two other speakers, W. w. RoySter,
candidate for railway and ware
house commissioner, and Editor j.
L. Baldus OF The Glenco Republic.
The speakers were introduced d!
George H. Ballard.
In the introduction of Mr.. ship
stead, Mr.. Ballard referred TO Mrs.
Anna Olsen as the cutest little de-
GOV duck he ever saw tutter down
on a speakers platform.
Calls Mrs. Olsen Oecoy DUCK.
Ladies and gentlemen, said Mr..
Ballard. there are two candidates IN
the uetO lulS SldlC III NA1 = @-LSSN
States senate One OF these Is Miss
Anna Olsen. She spoke at the Gar
den City fair and was introduced by
our good republican friend, Dr.. }.
w. Andrews. | want 10 say that
Annie is a good talker, and the mic
est little decoy duck that ever saw
hutter down on a speakers STAND.
The question is ladies and gentlemen
are we going to fUtter after Annie
he old Guard Shnnf hell
out of us or shall we. stand By Ship
stead"
After the laughter had subsidized Mr..
Shipstead did not fail to mention the
fact that Mr.. Ballard had failed 10
mention that Senator Frank B: kel-
logg had voted for the reseating OF
Senator Newberry, and also alleged
that kellogg had voted Ior pIli
which removed the surtaX OF the IN
comes of thirty thousand million
aires. Referring to Mrs. Olesen, Mr..
Shipstead said that he was making
no personal attacks, but was speak
ing against the records of certain
national officials. Mrs. Olesen had
not yet made a record He wished
to talk alone about public records
and not about personalities.
Mr. Shfpstead in referring to the
danger involving America in another
war even more terrible than the
World War said that the United
States must not permit this nation
to be used as the tail to the political
and economic kite of foreign ma,
tons. Unless We have new deal
in leadership at Washington, we are
likely to become involved in another
European war, now brewing as the
aftermath of the world war. The
speaker said that America is big
enough and strong enough to stand
alone as arbitrator of justice OF the
oppressed people of the world, and
we must not permit ourselves TO be
used as a club for small nations.
Claims Nation Is Facing Crisis.
Mr.. Shipstead said that this ma.
ton is facing a crisis in its political
life. and that unless there is immedi-
ate legislation to alleviate conditions
there will be disaster. There was
never a time in the history OF the
country, Mr.. Shipstead said when
there was a greater danger OF people
losing their right to own property.
Taxes have piled up to such an eX-
tent that they are almost conhsca-
tory.
The speaker said that the hue and
CRY of the present members Of the
senate is that every one must vote
the old gang ticket in order to save
the state. That is the same old ear
of corn held out as bait. This year
the bait held out will be, diversified
farming. Last year the old party
said that prosperity followed the re
publican ticket. This year they will
tell you that prosperity follows the
dairy COW.
Attacked Federal Reserve Bank.
Mr.. Shipstead urged businessmen,
farmers and laborers to go to the
polls together and take away the
power from the Wall street fnanc-
iers.
ing act was passed, we were told
that it would prevent panics and
hard times, due TO a scarcity OF
money. In practice, it has proved
a very clever device, giving to few
men control of the peoples money
and credit. These men have used
this law to bring about the very de-
plorable conditions that we were told
the law would prevent. This was &C
complished by encouraging imitation
through liberal extension OF credit
by increasing the supply OF money
in circulation and by issuing large
amounts of federal reserve notes
during the years 1918 and 1919. PEG
pie were encouraged to extend the1l
credit. Then what happened? Ii
1920 these loans were called on shori
worst business depression in the ma
tion's history was precipitated. This
was done at a time when the Fed
eral Reserve System had, according
10 the Wall Street Journal a credit
expansion power of 20 billions.
I'VE know by bitter experience
that the Federal Reserve board b.
virtue of its control of money ant
credits can make the price of com
modities and labor high or low a
will by making money scarce, o.
plentiful and by restriction or ex
tension of credit This control is ;
menace TO business. We must amend
this law to do away with TINS dange
and control the administrators of tn
law to make it function in the wa!
we were promised that it shoul'
function, and not as now in the in
terests of Eastern Bankers and spec
ulators.'
painted Gloomy Picture.
In conclusion the speaker said tina