Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-02-09
FARMER.LABOR
PRESS SERVICE
By HENRY G. TEIGAN

L
week. One was in the house and the
other in the senate.
| The test vote in the house was on
resolution to memorabilia congress
to initiate the currency. The resolu-
tion was defeated by vote of AZ to s..
The majority of those who sup
ported the resolution are Farmer-La-
borites or were elected with Farmer
Labor support. Those who voted for
the bill were:
Arvik, Atwood, Barker, Bennett,
Benson, Bloom, Boberg, Carr, Chill
gren. Collins. Costello, Cravens, Cur
tbs, DAILY, Davidson. w. E. Day. G..
Erickson, Foslien, Goetsch, Griffin,
Hagen, Halverson, Herfindahl. Holm,
A. L. Johnson, C. e. Johnson, C. L.
Johnson, G. w. Johnson, Kodak, La
Bissoniere, Lager. McNulty. Melby,
Nordin. Nordstrom, Olson, H. Peter
sen, P. A. Peterson, Powers, Samec.
Terwilliger, Thorkelson, Ulrich, Wier.
Witt, Youngdahl, Mr.. Speaker.
Those voting against the resolution
were:
Alfs, Anderson. Blum. Brophey,
Campbell, Colberg, Cornell, Coughlin.
Crissey. C. A. Dahle, o. X. DAZZLE,
Dammann, Davis, ]. L. Day, DeParcq,
Doerr. Dunn, Eastwood, Ettel, Fin
stuen. Friederichs, Gehan, Graft.
Green, Gryte, Hart. Hastings, Hedge
son, Hitchcock, Homme, Horwitz,
INN, Jebb, tombstone, Kempfer, Kern.
Kettner, Kingsley. Kueffner, Lee,
Lowe, Lux, Mcintosh, w. F.. Merrill,
Moore, Nolan, Ost, Paige, Paulson,
Pfaender, Quinlivan. Radde, Retrum,
Rodenberg, Roebke, Scallon, Smith,
Stockwell, Sweitzer, Syreen, Teigen,
Wahlstrand. Wangensteen, Warwick,
Weeks, White, Wright, Zech.
The division in the senate came on
the so-called bank moratorium meas
ure." which would permit banks a
Is day holiday for the reorganization
of the bank.
This was an important measure and
possessed, no doubt, much of merit
in its purpose and plan. The real
sponsor of the measure was John N.
Peyton, state commissioner of banks.
and his objective was to enable banks
bordering on insolvency to reorganize
in such way as to give them sta
bility.
The fear of those who voted against
it was that the enactment of a law
such as was contemplated in the bill
would create suspicion in the minds
of depositors and cause withdrawal
of deposits with likely transfer of
such funds to national banks, which.
of course, would not be subject to the
laws operations. Senator Gardner Of
Staples opposed passage of the bill.
His talk had telling effect upon the
senate, with the result that the bill
passed by bare majority. the vote
being "a to 80.
| Governor VetOes Bill.
Governor Olson, on Friday, vetoed
the bill, sending it back to the house,
in which it had originated, stating
that he could not concur in the ex-
tension of the extraordinary power
given to the commissioner of banks
for an indefinite period of time" in
which to bind the 10 per cent of the
depositors who might not be disposed
to concur in the plan of reorganiza-
ton approved of by the other 80 per
cent.
This bill may be classed as emer-
gency legislation and as such the
grant of extraordinary power may be
justified" said the governor, "but
am opposed to its indefinite extension.
The operation of the act should ter
inmate in two years. If the emer-
gency still exists at that time the
next legislature can re-enact the law.
IT the emergency is passed the neces-
sity for the law has ceased to exist"
The Governor in his veto message
to the house recommended that the
act be re-passed with an amendment
providing for the termination of its
operations in January 1885. In all
probability the bill will be re-vamped
to correspond to the suggestion made
by the governor.
Vote in the Senate.
The vote in the senate on final
passage of the bill was as follows.
Those voting for the bill were:
Adams, C. E., Adams, E. E., An
derson. Bonniwell, Child, Crowley,
Finstad. Hanson, Jacobs, A. S. Lar
son, H. A. Larson, Lightner, Lofts
garden, Mackenzie, McCubrey, MUIR
ply, Orr. Pattison, Peterson, w. L.
Petersen, Pulitzer, Richardson, Rock
ne, Roepke, Romberg, Schmechel, Sell,
Serline, Spindler, Starks, Sullivan,
Weber, Widell, Wolfe.
Those voting against the passage of
the bill were:
| Bell, Bridgeman, Buckler, Devoid,
Elmer, Farnand, Fearing, Fisk, Gard
ner. Hausler, Iverson, Lawson, Lever,
Lodin, Lommen, Mccormack, Marshall,
Miller. NORM, Morrison, Mullin, Nap
lin. Nordlin, Peck, Regnier, Ribenack,
Rollins, Siegel, Smith, Smullen,
Spring, Teigan.
Constitution Amendment Prepared.
The house passed a very important
bill at its session on Thursday after
noon. This was the bill for a con-
stitutional amendment to change the
| requirement as to amending the state
| Sfitntinn Tho rc0ooeol