Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-12-25
BANQUET GIVEN
TO OLSON, ARENS
Event is Sponsored by Glencoe (Mc'
LeOd County, WOman's
N. p. Club.
BY HENRY G. TEIGAN.

banquet last Wednesday evening al
Glencoe, given under the auspices OF
the Glencoe Woman's N. P. club.
Four hundred persons attended the
banquet.
Mr.. Olson made the principal ad-
dress of the evening. During the
course of his remarks he made 1t
plain that he is a progressive and
that he expects to remain progress
sive as long as he lives.
81 have been a progressive all my
life" he said Il was brought up in
a home where a progressive atmos-
phere prevailed My father was
liberal and a member of every pro-
gressive organization of his time. l
worked on a railroad alongside of
men with whom / shared progress
sive views. When / became county
attorney of Hennepin county l cast
my lot with the Farmer-Laborites and,
God willing, l will stay with them
until die"
Olson Compliments Women.
The Governor-elect complimented
the members of the Glencoe Woman's
Nonpartisan club on the work they
had done in the campaign in behalf
of the Farmer-Labor ticket. He
stated that he was not present to be
honored but rather to pay tribute to
the women of the club and to the
progressives of Mcleod county through
whose loyalty and support it had been
his good fortune to be selected as
Minnesotas next governor.
Mr.. Arens made short address
preceding that of Mr.. Olson. His talk
was received with applause. He
warned his listeners not to be de-
ceived by newspaper talk as to his
being dominated by the old guard
in making committee appointments.
Others who addressed the ban
queters were former United States
Senator Magnus johnson and Ernest
Lundeen, recent FL. candidate for
senator. A. C. WEIGH, state chairman
of the Farmer-Labor association,
acted as POSTMASTER and introduced
the speakers.
lhCO"C 1uAs
Among the Legislators who have
come forward with legislation in
which the farmers as well as the
workers are interested, is Representa-
tive Hjalmar Petersen of Pine county.
Mr.. Petersen is a new member but
is one who has given serious study
to legislative matters. He advocates
a state income tax in order ito re-
duce farm and real estate taxes" as
he puts 1t.
Generally speaking taxation should
be placed where the biggest profits
are made and where the individual
is best able to pay" says Representa-
tive Petersen. There is no getting
away from the fact that if person
paid, say for instance, 500 income
tax on a $1,000 income, he would
rather have an income of $4,000 and
pay $500; he would rather have an
income of $4,000 and pay $1,000 tax,
and so on up the line. That tax is
not a detriment and will not tend to
slow anyone up in business"
the National Farmers Union conven-
ton which met at st. Paul a few
weeks ago went on record in favor OF
state income taxes. The Minnesota
Farm Bureau Federation also has
gone on record for a state income tax
Farmers Benefit by Tax.
Referring to what the income tax
has done for the farmers Of the Bad
ger state. Mr.. Petersen says:
wisconsin farmers gain more by
the income tax than does any other
class. The income tax in 1928
yielded $17,SS3,OO0. The farmers oil
the state paid only $4,000 or $40
Of 1 per cent of it. About 100000
was returned to the counties or 10
calities from which they were col
lected, so that the farmers contri-
buted only 100000 in income taxes
towards the support of the state gov
eminent"
Many states now have income tax
systems. Minnesota is yet without
such a law, but the explanation OF
ehio iiCo III lilC ldSl tIiut d CollSlltu-
tional amendment is necessary before
the legislature can enact a law tax
ing incomes. Such an amendment
was submitted to the voters in 1920
and received an overwhelming ma
jority at the polls, but was neverthe-
less defeated because of the constitu-
tional requirements that the yes
votes must constitute a majority oil
all the votes cast at the election t
make an amendment carry.
Farmers Lose Land.
A. r. Johnson, state public ex.
aminer, has just recently made a re-
port on the rural credits bureau fol
the period from January 1, 1929 tC
June 80, 1890. Farms valued at S13,.
100000 are today owned by the state
of Minnesota. according to the report
The state owns outright 1854 farms
which represents an investment Of
$10,175,92S.40 in the rural credits
fund, and S5OS, 1879 in the rura
credits expense fund There are in