The pioneer-review. [volume] (Philip, Haakon County, S.D.) 1920-current, 1922-03-02
GOVERNOR REPLIES TO EGAN

have been receiving E.an Week
" for the past few weeks anC
have no doubt wondered at tho
remarkable statements made by
this man Egan. The fact of the
matter is that these statements
are misrepresentation pure anc
simple, made in an effort to hood
" INK the voters. Governor McMas-
ter recently isucd a statement IL
reply TO some Of the charges made
by Eegan, a portion of which VIC
publish below.
The Governor says:
In the first place Egan has de
clared that | signed bill appro-
priating $4,000 for the construc-
tion of an executive mansion at
Pierre Egan knows that there
was no such bill passed at the
last session of the legislature nor
never has been. As a matter OF
fact when the subject was under
discussion ! strongly advised
against such a bill. and the lcgis-
\ lature followed my suggestion. The
bill was never introduced.
Turning his attention to another
statement Of Egan's the governor
continued:
"Egan has said that for every
working day in the year the state
| is paying in interest $4,000 on pub
! lie Indebtedness This statement
is approximately true. with this
striking fact of the $4,000, S7,00t
is paid into the state for every
working day by the farmers as in
terest on their rural credit loans
on the soldiers bonus an lnteeSt
Of $1,000 day for every working
day is paid out to which expendi-
ture no one can take the exceptions
because the bonus bond issue wa
authorized by the people them
selves; in the tird place. while ap
proximately 81 900 day is expend
ed for other purposes, it is spent
for the most part for interest on
road bonds and other issues Of .
similar nature. which have the ap-
oroval of. the taxpayer
TIE Siolx Falls man would
have the people believe that the
constitutional indebtedness Of the
state is limited to 100000. Hs
knows better than that for he
knows thas the people themselves
authorized an issue of six million
# dollars in bonus bonds. He
also knows that constitutional am
ndn1ents, voted upon by the pco-
olc themselves have authorized the
sale Of rural credit bonds and OF
highway bonds. He also knows
that not penny Of indebtedness
has been incurred except through
he expressed will of the people OF
the state.
The governor then took up the
charges Egan has made in connec-
tion with the payment Of the bo-
nus.
He has left the malicious in
ference, Mr.. MtcMastcr says, that
use my position as governor to
have deposited in banks in which
! owned stock, or in which hold
ing companies in which | was in
tcrcstcd, owned stock, bonus funds
That is not true, for in the first
place do not own pennys worth
of stock in any bank in South Da-
kota; in the second place ] am not
interested in any holding company
that owns bank stock in any bank
in the state ! disposed Of all my
bank stock on July l, 1920, and in
the third place the bonus board
does have control of the bonus
funds. That money, derived from
the sale of bonds is deposited with
the state treasurer the instant it
becomes available and it is held by
him to meet the payment of claims
allowed by the bonus board; so it
can be plainly seen that Egan, to
say the least. is careless Of the
facts'and the truth.
Answering further statmcnts
that the bonus board is tardy in
its paymnts Of claims, the governor
said:
More than three millions of dol
lars has been paid out already in
bonus claims. Everything possible
is being done to expidite the pay
ment of claims. Claims are being
paid at the rate of $50 to 300 day
and will continue to be paid as
rapidly as possible.