Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1932-11-03

late number Of opinions have come
in on Wednesdays. In the case of
VIM. H. LamsOn, secretary of the
State Board of Investment and the
Executive Council, who has written
a letter each of the last five weeks,
his letters have all arrived in Askov
on Wednesdays He has of course
had enough experience with news
papers to know that all copy cannot
be handled the last few hours, and
for his five letters to each be pub
lished in the issue dated the day fol-
lowing arrival is to have given him
special consideration. Our political
viewpoints are not the same and for
that reason his letters got special at
tentiOn, but it is to be expected that
If he writes again he will have his
letters in sooner. The same of course
applies to others who have sent i'm
opinions on Wednesdays.
Following short Askov talk-the
same night that former Governor
Christianson spoke here-Mr. LamsOn
was asked by the Askov American to
answer several questions inasmuch as
he had criticised some of the writer's
in the Opinions of Others" column
In his writings he drifted to consider
able political propaganda for Hoover
and Brown and the Republican ticket
in general. How we'll he answered
the questions is of course a matter
for the reader to decide. Here are
the questions that were asked of Mr..
LamsOn in the editorial of Sept. 29th:
He upheld, i'm his talk, the $50
600 loan to the Dawes bank in Chi
cago Perhaps he can tell us what
rate of interest the Dawes bank is
paying for this loan from the Recon-
struction Finance Corporation, and
what rate of interest is being paid by
other big banks for their loans. He
is likely informed on all this and peo-
pie are more than eager to get infor-
nation nowadays when they are
cropping and trying to find their way
Mr.. LamsOn will likely also tell us why
ton and then suddenly got the huge
loan for his bank.
1T might also be interesting and en-
tightening to know exactly what the
interest rate was to the insurance
companies and the railroads, and if
il was a better policy for the gov
eminent to loan money to the rail
roads with their watered stock than
to have had Congress pass the Frazier
bill and refnance farm loans at an
interest rate of y per cent.
1T might also be interesting 20
learn why there was fight against
giving publicity to the loans made by
the Reconstruction Finance Corpora
ton and who was against this pub
licity.
''Mr. Lamson will perhaps also en-
plain how it happens that about 700
banks in the United States failed in
the ten years before Mellon became
secretary of the treasury, and ten
times as many or approximately 1000
banks failed during the ten-year ad-
ministratiOn of this greatest secre-
tary since the days of Alexander Ham
ilton.' Also why this man was sent
over to England to wear knee pants
and we now have Mills, the greatest
secretary since the days of Mellon
I'VE are asking these questions be-
cause we feel sure that our readers
would like to get the information
from man who has taken up dis
cIlSSjOn of finance
''Mr. LamsOn advocates the election
OF more Republicans natural
and says the people did not give HOOv
err Senate and House that was ia
vOrable to his program. If there was
majority of Democrats in the Sem
ate and House of 1929 will he please
tell us how many. Also kindly give
us the figure on how many Democrats
and how many Republicans cOnsti-
tuted the membership of Congress in
the last session.