The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1922-10-26
CANDIDATES BACK
AMENDMENT NO. J! !
boL {
PREUS, INDERHUS AND JOHN
SON URGE SUPPORT RURAL
CREDITS PLAN
IS CALLED VITAL NEED
WOMEN ASKED TO "VOTE YES"
BY MRS. RIPLEY, DIRECTOR
s--'.. STATE FEDERATION

Statements urging support for
Amendment No. Rural Credits at
the polls on Nov. 7, were issued last
week by the three candidate for gov
ernor. The statements are in line
with pledges contained in the Repub-
lican, Democratic and Farmer-Labor
party. platforms.
Letters from J. A. o. Preus, Re-
publican, Edward Inderhus, Democrat,
and Magnus Johnson, Farmer-Labor,
were made public by ]. F. Reed,
chairman of the Farmers Special
Committee on Amendment No. l., in
the order in (which they were received,
after each had been asked to- give the
committee his position with respect
to the amendment. i 80.
The statement received from ]. A.
o. Preus,$ incumbent: and Republican
candidate, follows: :, = "'~. -.
e""The. adoption by the voters of
Amendment No. +, the rural credits
amendment to the, constitution, is
necessary to complete the program
of beneficial farm legislation which
the last legislature tried to put into
effect. If passed, it will supplement
and fit in with the marketing legis-
lation passed in 1921 and which is
now in force.
"The credit system which will be
mt in effect if the amendment is
passed will in no sense be a 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
furnish loans at reasonable interest
and loans which, with the interest,
may be paid off in convenient sums
from year to year, until the entire
debt is cancelled, It: will not conflict
with the federal farm loan system,
but will supplement it.. ..,y
az cannot 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 Inderhus, Democratic candidate,
follows:
/ Amendment No. 1 is the most Vi
tai issue before voters this fall, and
l am stressing the Importance of ia
vorable action in all of my speeches.
I believe it should be adopted, primarr-
lily because it will be a 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 well 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,
conflict with nor hinder the federal
farm loan system. Instead, it will
strengthen and supplement its 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 expert
mental 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 agriculture
rather than making a profit out of it.
1.-THE Democratic platform indorses
Amendment No. 1 without equivoca-
ton and our State Central Committee
has instructed every speaker not to
leave an audience until the necessity
for Voting Yes on the Amendment
has been explained"
The statement received from Mag
nus Johnson Farmer-Labor candidate,
follows:
Amendment No. 1 is one of the
most forward-looking pieces of leg
islation that has been offered Mime
sofa in many a day. It is hard to
reali"a that this amen4ment( if passed
will open the door to a constructive,
state-airected system of agricultural
long time credit that will lift farming
out of the quagmire of bank loans
and mortgage company obligations.
The amendment alone will not bring
relief, but it rolls away the stoae of
constitutional restrictions $50 that a
progressive legislature can enact laws
needed.
81 hope the people of Minnesota will
vote for the amendment. City people
as well as farmers, should vote fol-
it, as it will in. no way burden the
state with taxes, nor is it special leg
islation in favor of a select class.
| 81 worked for this amendment
throughout the last session of the
legislature, as did majority of both
houses, and it is now up to the PEG.
pie to approve it by voteing for it.
Simply not voting will not do, because
blank ballots count against it. This
amendment embodies one of the mos
important planks of the Farmer-Labol
platform, and represents a public
need