Morris tribune., 1922-10-27
CALLED VITAL NEED OF
STATES AGRICULTURE
All GubernatOrial Candidates Urge
Voters to Support Rural
Credits Plan o.


line with pledges contained in the
Republican. Democratic and Farmer
Labor party platforms. -
Letters from J. A. o. Preus, Repub-
lican, Edward Inderhus, Democrat,
Magnus Johnson, Farmer-Labor, were
made public by ]: F. Reed, chairman
Of the Farmers Special Committee
on Attachment No. /, in the order in
which they were received, after each
had been asked to give the COMMITTEES
his position with respect to the
amendment.
The statement received from J. A.
o. Preus, incumbant and Republican
candidate follows:
THE adoption by the voters Of
Amendment No. 1, 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.
1.-THE credit system which will be
put in effect if the amendment is
passed will in no sense be a burden
on the taxpayers" Nor will 1t be.
solely for the benefit of the farmers
1t will furnish to investors, whether
in the city or country, 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. 1t will not con
fict with the federal farm loan sy-
stem, but will supplement it.
II can not see how it will be
harmful to any legitimate business
interest but it will be helpful to
farmers, investors and the state as
whole"
The statement received from Ed
ward Inderhus, Democratic candidate,
follows:
Amendment No. l is the most vi
tai issue before voters this fall, and
l am stressing the Importance Of fav-
orable action in all my speeches. !
believe it should be adopted, primar-
lily 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
long term of years.
lefty voters, as we'll as those in the
country, shouIdasupport the amend
ment because It is certain to be help
full to agriculture, the states basic
industry. The plan will neither con-
fict with nor hinder the federal
farm loan system. Instead, At. will
strengthen 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. expert
mental stage. - i -
Farmers of Minnesota need and
should have an institution Of this
kind an institution that is founded
on the idea of giving service to ag-
riculture rather than making pro-
fit out of it.
"The Democratic platform tndorses
Amendment No. / 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 candi-
date. follows:
Amendment No. is one Of the
most forward-looking pieces of leg
islation that has been offered Min
nesota in many day. 1t is hard to
realize that this amendment, II
passed, will open the door to a con-
structive, state-directed system Of ag-
ricultural 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 stone Of constitutional re-
Btrictions 80 that progressive legis-
Iature can enact laws needed.
IT hope the people of Minnesota
will vote for the amendment. City
people, as we'll as farmers, should
vote for it, as it will in no way bur-
den the state with taxes, nor is it
special legislation in favor of Sc
lect class.
IT worked for this amendment
throughout the last session of the
legislature, as did majority of both
houses, and it is now up to the peo-
pie to approve it by voting for it.
Simply not voting will not do, because
blank ballots count against it. This
amendment embodies one of the most
important planks of the Farmer-La-
Dor platform, and represents public
need"
Women voters are urged to vote
unn,, 81, Tho nrnnndmnnt in a state