Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1922-10-27

made public By j. =. Reed, chairman
Of the Farmers 1 special committee on
amendment No. IN the order IN
passed will - no sense be burden
on the taxpayers. Nor will It be
solely for the benefit Of the farmers.
It will furnish to investors, whether
in the city Or country, q 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 of 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.
ct 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 a whole.''
The statement received from Ed
ward Indrehus, Democratic candidate,
follows:
"Amcndment No. l is the most
vital issue before voters this fall, and
I am stressing the Importance of ia
vorable action in all of my speeches.
I believe it should beadopted, primar,
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 fo1 long term Of
years.
"City voters, as we'll as those in
the country, should support 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, it will strength
en- and supplement- its work.
"Long time loan plans have been
tried out in foreign countries for more
than 100 years and the idea, there
fore, 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 agricul-
ture rather than making profit out
! of it.
"The democratic platform indorses
Amendment No. l without equivoca-
| tion 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. ] is one of the
most forward-looking pieces Of legisla-
ton that has been offered Minnesota
in many a day. It is hard to realize
that this amendment, if passed, will
| open the door to a constructive, state
directed system Of agricultural long
time credit that will lift farming out
of the qua gmire of bank loans and
mortgage company obligations. Tie
amendment alone will not bring re-
lief, but it rolls away the stone of
constitutional restrictions so that a
progressive legislature can enact laws
| needed.
II hope the people of Minnesota
will vote for the amendment. City
people, as well as farmers, should vote
for it, as it will in no way burden the
state with taxes, nor is it special legis-
lation in favor of a select 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 people
to approve it by voting for it. Simp'
ly 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.'
Woman voters are urged to "Vote
Yes' on the amendment in state
ment issued by Mrs. E. V. Ripley OF
Menagha, MIMI, a member Of the ex'
ecutive committee of the Minnesota
Farm Bureau Federation.
Amendment No. l." says Mrs
Ripley, els of special Importance to
women on the farm, because it will
pave the way for better conditions in
The farm home. Every woman, wheth
er she lives on the farm or in the city:
who goes to the polls and does not
vote for the amendment, in effect will
be voting against it, because blank
ballots count against it just as much
as those marked "No.''