The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-09-11

sales taxes between states. Nye con-
tinued, he would say lets try it, but
that doesn't exist
Approval OF q state sales tax by
North Dakota, Nye told the audience,
would speed the day to q federal
sales tax, and play into the hands Of
the money lenders who want a sales
tax"
Stresses Money Angle
LANCER, following the senator on
the speakers stand, first launched
into . discussion of the work OF his
administration, stressing reductions
made In appropriations.
Then turning to the measures to be
voted on at the special election, Lang
er declared Il am not sponsoring the
sales tax. don't care how you vote.
We know it Is unpopular, but we are
faced with an emergency"
Many rural schools, LANCER said,
will not have sufficient money to open
this term. The last legislature, he
continued, increased the income tax
and the Inheritance tax Before pass
Ing the saies tax.
You can do as you please as far
as I'm concerned, as III have q per-
feet alibi," he said.
Approval of the sales tax will have
a marked effect on the value of North
Dakota bonds, LANCER declared, ex-
planning the Bank Of North Dakota
has approximately $7,500,000 invested
In state bonds.
If favorable market could be
created for them," he continued, 1.-The
bank would then be able to sell some
Of these bonds and in that manner
assist needy school districts"
Pleads For Schools
"You aren't doing me q personal
favor by voting for the sales tax"
LANCER told the gathering. IF the
sales tax is not approved it will not
be possible to keep all the rural
schools open, and will not be able to
do anything when school districts
appeal for help.
If the law passes, it will be a re-
placement tax, and the farmers and
small home owners will not have to
pay the $4,000, 900 or $6,O00,000 that it
will derive"
"All I'm asking you to do is study
the measure for yourself. AS governor
Of this state am presenting the mea-
sureS to you to take them or reject
them, but II the sales tax is rejected
and you ask for money to keep the
schools open, will have to tell you
I can't do 1t. I'm coming to you as
man to man and face to face to take
your choice"
LANCER made an appeal for ap-
prevail of the referred measure abol-
ishing the office of receiver of closed
banks and centering the work in the
state examiners office. He declared
that under the present system there
is horde Of bank receivers" eating
up the deposits Of closed banks, con-
tending that under the new law the
depositpr would derive more benefits
in liquidation Of q bank.
Only Eight Inspectors
He pointed to the administration
and legislative activities. Under his
administration, LANCER said, 'hun-
dreds Of inspectors have been wiped
out" and their place taken by eight
inspectors centered in the regulatory
department.
ALI three speakers, Nye, LANCER and
Sinclair, appealed for support OF
President Roosevelt in his recovery
program.
Sinclair said that he was mot over
" confident" the NRA will bring re-
covery, unless General Hugh johnson
devises some plan for speeding up in
dustry. Factories ran SO per cent
normal in July, he declared. but
showed only 70 per cent normal en-
ployment, while SO per cent Of normal
wages were paid. Factories produc-
ed their products at small expense
and piled up surplus goods, without
paying sufficient wages to buy these
goods, Sinclair said.
Discussing the allotment plan, he