The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-06-20

make It effective for industry. 1t
must b made effective for the
farmer. II the McNary-Haugen bill
was price fixing, then the Edge bill
passed on behalf Of industry to
facilitate dumping of industrial sur
pluses abroad was price fixing.
Il am hoping we will get a great
surprise from Herbert Hoover, Re-
publican nominee for president in a
statement pledging aid to agricul-
ture. With the nomination Of Mr..
Hoover the issue of party regularity
is no longer worth reckoning. In
1920 h, was . candidate by his own
consent as Democrat in Michigan
for endorsement for the presidency.
So is political independence and in
surgency happily recognized.
Farm Statistics
"Twenty-nine per cent Of the peo-
pie OF our country are engaged in
the pursuits Of agriculture. Yet
they are receiving only per cent
Of the national income. In the last
few years they have taken capital
stock losses of twenty billion dollars.
Their Indebtedness has increased
from four to twelve billion dollars.
In recent year the farmer received
for his product ten billion dollars
and the consumer paid for the same
product thirty billion dollars. True,
the farmer Is receiving an average
of 26 per cent more for his product
today than few years ago. But
his taxes. interest charges and fixed
costs have doubled and in some
cases have trebled.
I'm the light of these facts l ask
you whether we have an agriculture
al problem. ask you to whom your
representatives in congress owe
their first allegiance"
Power Trust Flsyed
Appealing to the people 70 vote
to take their government, state and
national back into their own hands
Nye declared the power trust and
its activities today are an example
of how government is responsive to
the interests.
He said that the international
bridge spanning Niagara Falls is
maintained jointly by the Canadian
and United States governments.
Each lights half Of the bridge. The
cost Of the federal government for
its half of the bridge is
seven times as much as that of the
Canadian government with both
governments using power generated
by the water that runs below it.
The power trust" said Senator
Nvn His annnd;no ,,.;II;o~r - IL |
lars to influence thought. It is
putting lame duck senator's like
Lenroot, Of Wisconsin, on it's pay
rolls at princely salaries. It is put
ting textbooks favorable to its in
terests in our schools and in the
case of Stewart, an instructor in the
was paid $4,000 Year from
its Golfers, it gives evidence
it is hiring teachers in our
universities. The federal trade
commission is investigating the
methods, the expenditures and all
the activities of this group and |
predict there will be revelations
that will show the people very
clearly to whom their government
has become responsible.
III You watch the trend of this
you will find that neither
party will undertake anything an
tagonlzing the power trust, or write
into its program of principles any
thing antagonizing them, for there
Is an established record that it is
a liberal contributor of enormous
sums Of cash t, the campaign funds
Of BOTH"
Nye closed his speech with q dis
cussion Of the administration policy
OF keeping marines in Nicaragua
and a review of the Incidents in the
oil scandal as in point in his argu-
ment showing to what interests
government is responsible today.