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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
The Weekly Times Record
Location
Valley City, North Dakota, United States of America
Date
Dec 01, 1921
Page
2
The piece criticizes Bill Lemke and Governor elect Nestos, rails against the outgoing Industrial Commission, and notes the Fargo and Courier-News reactions. It argues for accountability, condemns egotism in officials, and calls for clean, efficient government. It questions bond deals and incentives behind late actions by the old commission.
Mohall in Renville County sees the third bank fail this week as a receiver takes over the last of three banks. The I V A administration is questioned for its handling of closed banks compared to the nonpartisan league, amid editorial criticism and concerns over bank examiner Semmington.
The Forum argues that the Bank of North Dakota real estate bonds face heavy losses from political loans. It notes a $2 million bond issue with about $115,000 half year interest due January 1, yet only about $30,000 in reserve. Lack of taxes levied raises concern that interest may not be paid promptly, undermining investor confidence and signaling poor state credit under the Frazier-Temke era.
The poem The Snowstorm by Ralph Waldo Emerson is referenced with vivid lines on the wind and snow. Ed. Lowry of Sanborn departs for Los Angeles to spend the winter, then returns to arrange for the paper.
Walt Taylor of the LaMoure Chronicle mocks health specialists promoting patent medicines and parental charts. He cites Dr Caroline Hedger and a Minneapolis conference as a satire, urging parents to keep score of their parenting choices and promising a prize for the highest score after a year.
Fargo reports a flurry of candidates for top North Dakota posts as resignations loom. Names tied to Bank of North Dakota manager and State Examiner include A Ross, Geo H Hollister, M R Porter, J J Sprague, with O F E Lofthus facing removal. Nestos seeks Lofthus resignation. other independents target tax commissioner and Industrial Commission roles. William Prater's resignation is anticipated, while A D Gunderson may return. varied views on housecleaning versus stability amid a surge of applications.
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