The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-06-15

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AT CONVENTION
Valley City is host today to four
bands The Elks purple band of Far
go, one Of the best in North Dakota,
the Crookston band, the Harvey band
and the Valley City band, furnished
music and gaiety for the festivities
this morning.
Confetti flew in all directions
noisemakers popped, and the, merry
making spirit ran high at the grand
ball put on last evening by the Valley
City council of the U. C. T. in honor
Of their guests, visiting members of
the order and their wives and friends.
The party was held in the Masonic
temple ball room, as rainy weather
late in the afternoon spoiled the roads
to the Country Club.
The blue, gold and white colors of
the U. G. T. predominant in the dec
orations of the ball room. The guests
danced until 2:30 a. m. today when
"taps" were sounded and the party
adjourned to rest until today's festivi-
ties started with the parade at shortly
after / q. m.
Endorsement of the good roads
ditions to be, as l have sho you, q
deliberate effort on the part of the
new industrial commission tt. slow up
on farm loans.
81 am much surprised at such state
ment from Mr.. LANCER, as at no tim
since December 5, 1921, when | took
charge OF the farm loan department
of the Bank of North Dakota, has vii
liam LANCER visited the department,
or so far as | have any knowledge,
made any inquiries in connection there
with.
Enquiry among the empl;:res of
tie department has dcvelop ped the fact
that he has not made an! such request
for information to any employee of the
department. 1t would therefore ap-
pear that the investigation referred to
in his remarks was made from sources
other than the farm loan department
itself, which would appear to be the
only source of reliable information.
"Mr. LANCER is reported to nave le-
ferred to me as the representative Of
the Wells-Dickey Investment Conpa-
ny Of Minneapolis. TIE fact that I
have had absolutely no arfiIiation of
any kind with the Wells Dicley COM
pany for number Of years is well
known to large number + the peo-
pie Of this state and easily sc c''toin-
able by anyone who will tax, the trou
bic to make inquiry.
81 severed all connections with the
Wells-Dickey company nearly nine
years. ago since which tjme have
been engaged with other North Dako-
ia men, who have no connection with
the WellsDickey company, in 4 North
Dakota business Of our own at james
town that is conducted under the name
Of w. B. Default Company.
'Mr. LANCER is reported to have
criticized the selection by this depart
ment under my administration, Of eX-
perenced farm loan appraisers. This
statement appears to carry with it
the presumption that it was improper
to employ experienced farm loan ap-
praisers. In this connection attention
is called to the fact that the apprais-
al Of farm loans is technical work
OF great responsibility which consti-
tutes the real foundation upon which
any farm loan business is based.
"The department was undertaking
to commence the appraisal of loans in
the winter time under deep snow in
the fifty-tllree counties in the state.
1t hardly seems possible that Mr..
LANCER, or anyone else, would advo-
cate the employment Of inexperienced
appraisers upon whose Judgment to
base the loaning of millions Of dollars
Of the states funds.
Assuming that every fair minded
person will agree that it is absolutely
necessary to have experienced apprais
ers, the question naturally raises it.
self as to where such evidence could
be obtained. Naturally it would be OBJ
tanned appraising farm loans in the
past, and naturally such appraisal
would have been made for some loan
company.
"All appraisers applying for posit-
ions were required to give their eX-
perience and the names of former en-
ployers as references. Naturally these
former employers were asked regard