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PAGE MX 4 •ywiV'v PROFITEERS RAISE SLUSH FUND These are measures which will interfere with the profits of the gjain gamblers, millers, packers, mortgage-holding trust companies and insurance concerns, land speculators and railroads. That is why these Big Business interests have raised a huge slush fund and are spending thousands of dollars daily in a desperate effort to confuse and frighten the people in the hope that the passage of this program may be prevented. The grain gamblers, crooked grade jugglers and millers, liter ally rob the farmers of this state of millions of dollars every year. Naturally they do not want to see the people own and operate flour mills or terminal elevators. It would interfere with their profits, so these interests contribute to the slush fund. The great trust companies of Chicago and the Twin Cities hold mortgages against North Dakota farm lands aggre gating $309,000,000. This money draws an average rate of 9 per cent interest. In other words, the farmers of North Dakota are paying an interest bill of $27,000,000 a year. The establishment of a State Rural Credits land bank would make it possible for the state to loan money at 4 per cen1 interest on long-time terms. This would save the farmers of North Dakota $15,000,000 every year. WHY BIG BUSINESS CONTRIBUTES Naturally the men who get this $15,000,000 in unnecessary in terest object to having this income cut off. That is why they are helping pay for the dishonest advertisements which are appear ing in every subsidized newspaper in the state. The condition applies to the insurance interests, the packers, the railroads and the land speculators. The program which the Constitutional Amendments makes possible strikes directly at itheir profits and they are cheerfully contributing for th§ pay« ment of the advertisements which are intended to scare the people 'into voting against these measures. It will fae money well in vested for these Big Business interests if their plan succeeds. What are the ten Constitutional Amendments which these Big Business interests consider so dangerous? Briefly they pro Tide: For the Initiative and Referendum For the Campaign Pamphlet issued by the state which will fairly and fully discuss both sides of all questions to bd voted upon For the Emergency provisions which make it possible for the Legislature to pass emergency laws which may go into effect before submitting same to the people That no measure initiated by or referred to the people may be vetoed by the governor or repealed by the Legisla ture unless two-thirds of the legislators so vote on roll call That proposed amendments of the Constitution, if agreed to by a majority of the Legislature, must be submitted to the people and that 20,000 voters may by petition also place proposed Constitutional Amendments on the ballot That the Legislature may exempt city homes and farm im provements from taxation That the Legislature may provide an acreage tax to be used in creating a state Hail Insurance Fund That the state may issue or guarantee the payment of lends for public utilities, provided that all bonds in excess of $2,000,000 be secured by first mortgages and that no public utility shall be bonded in excess of $10,000,000 That the state, any county or city, may make internal im provements and engage in any industry, enterprise or busi jtess, not prohibited by Article 20 of the Constitution* but Aouither the state nor any political subdivision thereof 'Shall ^otherwise loan or grant its credit or make donations to ojvin fU of any individual, association or corporation, except for She reasonable support of the poor, nor subscribe to or be come the owner of capital stock in any association or cor poration. MAKE GOVERNMENT MORE RESPONSIVE Six of the foregoing amendments simply make the state gov ernment more Fesponsive to popular will and safeguard the people against corporate control Constitutional These amendments are not experimental. They already The TRUTH vJThe THE UOUIUKR-DE.JOL^AT, TULUSDAY. OCTOBER 31, U»)8 The Ten HE passage of the ten Constitutional Amendments is the most important matter to be decided at the election November 5. (Governors and other state official. ci and go, their power is limited and only temporary, but if these ten Amendments are carried they will remain part of the Constitution of North Dakota and PLACE' THE REAL GOVERNING POWER OF THE STATE PERMANENTLY IN THE HANDS OF THE PEOPLE, regardless of who their chief executive may be. Unless tljese ten Constitutional Amendments pass, it will be impossible for the next Legislature to submit for the rejection or ratification of the people laws permit ting the state to build and operate flour mills, terminal elevators and packing plants to give the fanners state hail insurance at cost or to establish Rural Credits banks which can loan money to farmers, workers and merchants for long periods at a low rate of interest. have been adopted by sixteen states of the United States and long have been employed in Switzerland, Australia and New Zealand, and in every instance the people have used these measures with great discretion to put many good laws on the statute books and to defeat bad laws passed by corrupt or reactionary legislatures. The Initiative is simply the spur that drives the balky legislature and the Referendum the bit and bridle that keeps it from running away or going in the wrong direction. The remaining four amendments are designed to end the in dustrial domination of Big Business monopolists by permitting the people to own and operate flour mills, terminal elevators, packing plants and other things necessary to social welfare. These public utilities are now owned by private interests who gouge producer and consumer of millions of dollars every year. Both producer and consumer would benefit by eliminating these excessive profits and manufacturing these commodities at tost AMENDMENT HITS TAX DODGERS One amendment permits the Legislature to exempt city homes and farm improvements from taxation. This would compel the great land speculating corporations—which now own and-«hold in idleness 40 per cent of the land of this state —to pay the same amount of taxes as the farmer who has improved his land and is actually putting it to productive use. Farm improvements are exempted in Australia, New Zealand, and the neighboring Canadian.provinces of Alberta aad Saskatchewan, and experience proves that this law puts a premium on industry, lowers the taxes for the producer, and results in the breaking up and working of the huge areas held by land speculators. STATE HAIL INSURANCE CHEAPER Another amendment provides for State Hail Insurance at cost. This will be better and cheaper in every way than the insurance now issued by private companies. Montana* Alberta and Saskatchewan all have state ha.ii insurance and it only costs about ONE-SIXTH as much as the insurance issued by prviate companies, It also is safer, for the state never fails, while private concerns have been known not to pay their losses in time of need. last two amendment? are intended to permit the people to build "and operate flour mills, terminal elevators, packing plants and other public utilities and to establish state rtiral credit land banks, and to finance these public utilities by the issuance of bonds, the interest and principle on these bonds to be paid by the profits on these state-owned public utilities. This program is not "radical or revolutionary," as the Big Business advertisements claim nor "dangerous" except to the profits of the monopolists. It has been tested by time «and ex perience proves it beneficial. PROGRAM IS TIME TESTED pearly every country in Europe owns and operates the rail road, telegraph and telephone lines. So do Australia and New Zealand. In Denmtfrk, Germany, Switzerland, Australia, find New Zea land the people own and operate packing plaints find flour /The elevator and warehouse facilities are fowned by the "State in nearly all European countries. Several Canadian provinces also own terminal warehouses, fend so does Louisiana and other Southern states tnd several Pacific coast cities. [Denmark, Gefmany, New Zealand, several Canadian provinces aid Australia conduct rural credits banks. So does the United States government. gouth Australia has run a state land hank for 23 years. It has loaned more than $8,tf0Q,000 to workers, farmers and merchants on long time loans at an average rate of 4 and 4 1-2 per cent in terest. The Big Business advertisements say that "rural credits banks are a dangerous experiment." What has happened in South Aus tralia LAND BANK PROMOTES PROSPERITY After 23 years of this dangerous experiment, 44 per eent of the entire population, mm, women and children, had de posits in the state savings banks in 1914 and these deeposits averaged nearly $200 apiece. No state in the United States If you feel this way about it, vote "Yes" for all ten Constitutional Amendments O "3 can show such a splendid record. The "danger" Big Business speaks about must be only to Big Business profits., for the experience of South Australia certainly proves that these state owned banks promote general prosperity. State Rural Credits banks will have the same results in North Dakota. In fact, every plank in the program made possible by the Constitutional Amendments will not only help the farmers, but benefit every legitimate business industry in this state. The only interests injured would be BIG BUSINESS INDUSTRIES OUTSIDE THE STATE—the Minneapolis and Duluth grain gamblers and millers, the Chicago and South St. Paul packers, the Twin City and Eastern mortgage-holding and insurance con cerns, the railroads and the land speculators. Honest business within the state would be benefitted. The farmers and workers are robbed of millions of dollars every year. These millions go outside the state. If they were kept here and spent within the state, every merchant, every manufacturer, every professional man, and every honest banker, would share in the increased business. HONEST BUSINESS WILL BENEFIT Farmers, workers and merchants alike would benefit by cheap loans for long-time terms. The construction of great state-owned terminal elevators flour mills and packing plants in North Dakota cities would build up industry in this state, bring thousands of workmen here, and keep millions of dollars in the state that flows to Minneapolis, Duluth and Chicago every year. Exemption of farm improvements and city homes would en courage home building in the cities and by breaking up the great idle areas, increase the farming population and add to North Dakota's productivity. In fact, these ten Constitutional Amendments are the founda tion which will make North Dakota the most democratic, pro gressive and prosperous state in the Union. Don't be decieved by the lying advertisements which Big Busi ness is paying for in the attempt to frighten and fool you into vbting against your own welfare. Have these Big Business in terests ever worried about YOU in the past? They are not worry ing about YOU now—they are concerned in protecting their own selfish profits. And remember this: Passage of the Constitutional Amendments DOES NOT PLUNGE THE STATE INTO DEBT or GIVE THE LEGISLA TURE POWER TO CREATE ANY STATE-OWNED INDUS TRY WITHOUT FIRST CONSULTING THE PEOPLE. PEOPLE HAVE FINAL SAY These Amendments make the PEOPLE SOLE AND FINAL ^[JJDCIES OF ALL LEGISLATION. Under the Referendum the people have the power to suspend any law or appropriation until it has been voted on and either ratified or rejected by a MA JORITY OF ALL THE PEOPLE. This REAL GOVERNING POWER IS PLACED IN THE HANDS OF THE PEOPLE and they will be called upon to pass upon every plank of tl\e proposed program. .Vole to make it possible to submit this program to the people, Join"with your fellow farmers, fellow workers and fellow mer chants, and vote "Yes" on these measures that will make it pos sible to develop North Dakota into the richest state in the Union in those only two a 9 ets which really count—the contentment and prosperity of the common people. Every vote will be needed, for in order to carry the Amend ments must have a Majority of all votes cast. So don't forget to call for the Separate Constitutional Amendments ballot and vote "YES" for all these ten measures. The man who fails to vote will be helping defeat these splendid measures just as much as the Big Business reactionary who opposes them because his pro* fits a^e threatened. It is a clear cut issue between Big Business and The People. Big Business and The People have no interests in coinmon, Big Business and its hirelings will vote solidly against .these measures. You belong to The People. Why not do as Big Business always does and vote solidly for YOUR INTERESTS? 9 •4 -v o-Vik.*'t*• L'