Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1922-10-25
PREUS, INDREHuS,
JOHNSON, BACKING
AMENDMENT NO. l
All Glbernatorial Candidates Urge
Voters to Support Rural
~ j. Credits Plan I'll

the polls on Nov. Z, were issued last
week by the three candidates for gov
ernOr. The statements are in line
with pledges contained in the Republi-
can, Democratic and Farmer-Labor
party platforms.
Letters from j. A. o. Preus, Repub-
lican, Edward Indrehus, Democrat,
and Magnus johnson, Farmer-Labor,
were made public by J. F. Reed, chair
man of the Farmers Special Com
mittee on Amendment No. 1, in the
order in which they were received,
after each mad been asked to give the
committee his position, with respect
to the amendment. 49,. !
The statement received from J. A.
o. Preus, incumbent and Republican
candidate follows:
'The adoption by the voters OF
Amendment No. /, the rural credits
amendment to the constitution, is ne
cessary to complete the program of
beneficial farm legislation which the
last legislature tried to put into ef-
feet. If passed, it will supplement
and fit in with the marketing legisla-
ton passed in 1921 and which is now
in force.
1.-THE credit system which will be
put in effect If the amendment is
passed will in no sense be burden
on the taxpayers. Nor will it be
solely for the benefit of the farmers
1t will furnish to investors, whether
in the city or country, a chance to
place their money safely and at fair
interest rates. To farmers, it will
Sc1, OF inf
and loans which, with the interest,
may be paid off in convenient sums
from year to year, until the entire
debt is cancelled. 1t will not conflict
with the federal farm loan system,
but will supplement it.
II can not see how it will be harm
full to any legitimate business interest
but it will be helpful to farmers, in
vestors and the state as whole
The statement received from Ed
ward Indrehus, Democratic candidate,
follows:
amendment No. / is the most vital
issue before voters this fall, and am
Stressing the Importance of favorable
action in all of my speeches be-
lieve it should be adopted, primarily
because it will be potent factor. in
bringing the ownership Of our land
back to the tiller of the soil. This
will be done through low rate of
interest on loans running for a long
term Of years.
''City voters. as we'll as those in
the country, should support the
amendment because it is certain to be
helpful to agriculture, the states basic
industry. The plan will neither con
fict with nor hinder the federal farm
loan system. Instead. it will estreng-
then and supplement it's work
'Long time loan plans have been
tried out in foreign countries for more
than 100 years and the idea, therefore,
is far beyond the experimental stage,
Farmers of Minnesota need and
should have an institution Of this
kind-an institution that is founded
on the idea Of giving service to agri-
culture rather than making profit
out of it.
"The Democratic platform indorses
Amendment No. 1 without equivoca
ton and our State Central Committee
has instructed every speaker not tC
leave an audience until the necessity
for Voting Yes on the Amendment
has been explained" ..~
The statement received from Mag
nus Johnson, Farmer-L Labor candidate
follows:
''Amendment No. l is one of the
most forward-looking pieces of legis
latiOn that has been offered Minnesota
in many a day. 1t is hard to realize
that this amendment. if passed, vii
open the door to a constructive state
directed system Of agricultural lon2
time credit that will lift farming ou
of the quagmire of bank loans ant
70 mortgage company obligations. Tht
amendment alone will not bring re
lief, but it rolls away the stone OF
constitutional restrictions so that ~s
progressive legislature can enact law:
needed (
Il hope the people Of Minnesota
will vote for the amendment. Cit,
people, as well as farmers, should
vote for it, as it will in no way bur
den the state with taxes, nor is it spe
cial legislation in favor Of a selec