The Bismarck Tribune from Bismarck, North Dakota • Page 1

I W. t. The Unaattled FORTIETH TEAR FOR BOND SALE Raises Interest Rate Upon Real Estate Bonds Sold at Par to Six Per Cent BOND SALE COST TOTALLED Bills Filed Bringing Total Cost to $130,000 Paddock signs Place 1 NEW ISSUE RJJSED. A new political Issue was raised with the signing of the bond tract by the Industrial sion for the sale of millions of dollars of bonds. On the one hand Nonpartisans declared the contract Is legal and pats the Issue squarely before the incoming administration of ing out the league program and shows'the (credit of the state has been re-established.

On the other Independents clare the deal will cost the state hundreds of thousands of dollars. J. J. Kehoe, attorney for ers who sought to break the cr contract, declared today that before they went into the suit they ascertained that North Dakota bonds could be sold at par with 51-2 per cent interest, one bond house saying It would take up to $50,000,000 at that figure. The bonds in the new contract bear 6 per cent.

figuring possible loss to the state on the Interest over a period of years Independents asserted that the excess cost to the slate would be hundreds of thousands and probably some millions of dollars. The new state administration will have before it for immediate consideration the new bond tracts doling of which was announced last night. Expression of opinion oft the contract is reserved by the new administration pending an ex-1 amination of the contract. The ii Ohio. Briefly it calls for the sale of $12,300,0000 of state bonds at par excepting the bank bonds and at a rate of 6 per cent est excepting the bank bonds.

The Spitzer, Rorick and com Jf "ontK P.revjqii* delivery of "5 per cent real estate aeries bonds at discount of 5 per cent is ratified. Remaining $8,000,000 real estate series bonds authorized under ex. isting law, maturing 1931 to 1948, are sold at par, interest rate creased to per cent. fleal estate bond to be delivered as follows: $500,000 30 days and each 30 days thereafter pearlier at request of bond company. $2,090,000 mill and elevator bonds sold par, 6 per cent, est, delivery as follows: $200,000 in 45 to 60 days and $200,000 each month thereafter.

$1 home builders bonds sold, delivery of $100,000 in 30 to ro days and each month thereafter. bank bonds bearing 5 per cent interest are sold at price to net buyer 5 5-8- per cent, mediate delivery. Tho present contract with zer, Rorick and company except as to bonds already delivered, is abrogated. Independents Criticize Larson is the man who took the "Nonpartisan Goat" from Douglas to Minot for a celebration. SUPREMECOURT DECIDES SUIT WASTOO LATE Judges Unanimous in' Denying Injunction Against.

Canvassing Board that it was directed against a board pany acted for a syndicate Of charged with performing a plain duty eastern bond buyers. The new contract is entirely legal, since the bonds are sold1 at par, the outgoing administration declares. resentatives of the bond company have already sought out Mr. Nestos on the subject. The terms of the contract, which is between the Bank Of North Dakota and Spitzer, Rorick charged with performing a plain duty of law, Judge Robinson said.

The court, he said, was unanimous in dismissing the petition for a porary injunction to prevent the ous ing of present state officials defeated in the recall election. The last full afternoon of tisan league control in the state itol was attended by ripples'of citement not unlike a legislative sion. Early yesterday afternoon two score or more Nonpartisans interested in the election nullification suit gathered in corridors of the capitol. The preme court was hearing the appeal jn the case in which breaking of the bond sale contract with Spitzer, ick and company was sought. After hearing the argument the preme court retired to the- chambers late in the afternoon, while anxious people loitered in the lobby awaiting for a sign of decision from behind the clost'l doors.

During the afternoon a number of old war horses of North kota politics filtered in, here for tho inauguration. It was about p. m. when the supreme court announced that the junction. writ was denied, and the Nonpartisans who counted upon the suit to retain present officials in moved slowly from the building.

Lofthus Quits During the afternoon the banking I board held a meeting and later O. E. 1 I ofthus, state bank examiner, submitted his resignation to Governor Fra I ssier, inaepenoents Lofthus In some Independent quarters there who appointed, Gilbert -Semingson, chief deputy, in his place. Mr. refused to make any state me.at as to why he resigned was disposition to severely criticise Mr.

Lofthus had been critic sed ttle outgoing Industrial Commission verely by Independents ever since the for inaWLng the bond deal on the we: first Scandinavian-Americau uf leaving office. Some declare thai closing and reopening, anu it the price of 6 per cent interest is known that Cove-rnor-elect Nestos higher than North Dakota need on he-r bonds, and that South Dakota News of the completion oftne new (Continued on Page f) lias sold bonds at 1-2 per cent with- Particular criticism was levelled to ward the sale of Homebuilders Asso-I ciat'ton bonds when the incoming administration had made plain its m-j tention of salvaging this department, The outgoing administration viewed it as a good business deal, made the time because the present Spitzer, or on a as re in preme court, with a prospect of it ing declared invalid. Some sans viewed it as placing the Inde pendents in a bole politically. Bond Sale Cost $130,999.94 In connection with the closing up of business the? state auditing board late yesterday approved bills on bonds sales as follows: Voucher presented Geo. T.

Webb, Co.mnrs r'en to Horace 'Davis, oft" for m'scl'aneaua 'f CURTAIN IS LOWERED ON DRAMATIC FIVE YEARS OF NORTH DAKOTA FIGHT AND NEW ACTORS TAKE THEIR PLACES Nonpartisan Contrpl is Surrendered in State After Hectic Battles of Last Five Years in Which Eyes of Nation Turned Toward North Dakota The curtain was lowered today upon a flvc-ycar drama of North Dakota politics. Quiftly the actors slipped through the wings, shed the habiliments of public office and passed out of the theater of governmental affairs. They had been the chief figures on a turbulent stage, acclaimed, assailed. Upon 'them had been centered the spotlight of a nation. The curtain raised again.

New actors took the stage, a new scene was unfolded. Again the eyes of a nation-wide audience turned toward the North Dakota theater. The new triumvirate entered confidently, faced the big task of weening a great pottion of a critical audience from the intoxicating petuosity of the past, began to perform slowly and carefully, resolved to win favor from gallery to orchestra. In the foyer again paced many a "first-fighter" at Ndrth 'Dakota augurals here again after an absence of Ave years. Their kind of acting again was promised they felt an old intimacy with the actors.

LARSON COMING, LEAVES GOAT Gust Larson will be here. The goat will not. Larson telephoned The Tribune from last night to' tain the supreme court's uction on the injunction case. Receiving the news he shouted "hurrah" and said "tell the boys I'm starting for Bismarck" and added that though he might get here late he would be here theless. ed- E.

LOFTHUS RESIGNS The writ deal was closed With Spitzer, Utate canvassing Imrd from canvassRorick and company of ing the vote was rejected on the- gen- 4 of injunction to stop tlit eral theory that the petitioners wen. estopped because they did not raise the questions previous to the election under the provision of the recall amendment, according to Justice J. E. Robinson. The suit was improperly drawn in an request his resignation.

NO TRIBUNE TO BE ISSUED TOMORROW The Tribune, observing the annual Thanksgiving holiday, will not issue a paper on Thanksgiving Day. All employes of the plant will be given the portunity of the annual complete holiday. No deipartment of the plant will 1 operate tomorrow, K-Sle Eyes Turned to N. D. It was five years and sixteen days ago that the wires flashed the news over the United States that North kota had elected a Nonpartisan eyes were turned toward this robust state of the young west They became interested in "New Day" and they watched the velopment of ntew theories of ment- They saw the old order of things overturned.

Today the same keen eyes see a changed control yet with the new laws still on the state books, new North Dakotans see the Nonpartisan league defeated, and relinquishing (ontrol. Governor Lynn J. Attorney General William Lemke and the three the governor's chair, kaleidoscopic changes have passed before the eyefe of the voters. They saw a program of state ownership raised, people with a new trend of thought at the helm of affairs, they heard predictions of a rosy future of industrial democracy. There are those who mark today as a a of re on in or in and visionary hands in government affairs there are those Nonpartisans iWffl who saw today as a day on which The Thirteenth Governor.

R. A. Nestos is the thirteenth ernor to occupy the executive chair in North Dakota. His predecessors in Miner, mediate future, but has indicated, a determination not to seek public fice again. He owns a farm near Deering.

Mr. Lemke will return to hU law office in Fargp. Governor Frazier, in a talk at the reception given him Saturday night declared he did not seek office for the glory and was well content to return to his former home. His name already has been suggested -as a candidate for In your issue of the 21st we BISMARCK, NORTH DAKOfA, WEDNESDAY, NOVEMBER 23 SALE OF $12,300,000 BONDS BEFORE NEW OFFICIALS OUTGOING BODY COMPLETES DEAL CIVIL WAR IN BELFAST TODAY 13 Persons Dead and Thirty Injured in Bombing and Shooting in City SHOOTING AND BOMBING Three Are Killed When Tramcar Full of Shipyard Workers is Bombed ANOTHER rlcade(J Anurew £lic C. D.

Shortridge, Roger on the tax Frank A. Frederick B. Fancher, Frank White, E. Y. Sarles, John Burke, L.

B. Hanna, Lynn J. Frazier. Governor Frazier was the second executive to be elected for three two-year terms, John Burke having served as governor for find VICTIM Belfast, NOT. clared the the A.

Belfast's loner list of fatalities as the reusult of factional rioting began to grow early today, one victim being almost at the outset to the .18 killed In breaks attending the assumption of govern mental power by the new Ulster parliament jesterday. The first tlctini of the day, a foreman wfeq was engaging borers' In Dock stree for the shipyards, was picked off by a sniper. Belfast, Nov. the A. laws still on the state books, new, which began in Belfast Sunpledges to complete a part at least of jts that program the old theories retain-, ciimax state of 8hootlng, terday thg Commissioner of Agriculture and La- Dispatches to the London press bor John N.

Hagan moved out Ragn 1 Dn into-control' wttli. come, to the ever-extatinit rancor between inany a grizzled politician saw the Nattouallata and Orangemen, in the change today the end of The total casualties in the series other cycle in North Dakota of outbreaks up to midnight last the Nonpartisan league. They believe night stood at 13 dead with more than the league has sung its swan seriously, wounded in the believe that with the power of' pitals. Stores of other persons less public patronage with a ma- seriously injured were treated at their jority vote against tho candidates, two! homes, t1 of whotn swept into office with over-1 naaH OUT whelming majorities, the league will fail to regain power. They do not Press) Forty political reckon it disrupted nor powerless, bnt conflned in the hopelessly weakened.

yesterday in a bombing and tur- moil approaching civil war. It is de- disorders were planned to wlth, assumption yes- goyernment of Ulster by the n6rShern parliament. from Belfast placed the blame accord- vald A. Nestos, Sveinbjorn Johnson to the ssrinpathy of respective and Joseph A. Kitchen moved in.

newspapers. it seems es-1 Officials Move Out. Uablished that the Sinn Feiners were There was a somber atmosphere in responsible for the bombing of a the old halls of the state capitol as tramcar full of shipyard workers late defeated officials ran through jn the afternoon and the consequent correspondence, folded their.jdeati! of thrpe persons and injuries, desks and walked away. They do not to thirty. expect to again seek the burden of ihe public office.

Their of disorders suggest that the aggression that the hosts they Wd various counts of the day's the whole was reciprocal and due jpelessly weakened. wardens- today while During the five years of league con-! 23-(By flrc Qf uncertain origin thu prison here was blazing in two sections of the prison. trol, beginning actually in January, 1917, with the inauguration of Lynn keys and bar-! J. Frazier, who came from a farm to J. Frazier, who came from a farm to themselves with six wardens ln another part" 0f the prison.

CONGRESS TO 'Meet the! march of progress was halted, viewing! SHMl in UKfnluet the changing scene with the dismay of crusader. Again Ml Regular Washington, Nov. n. oume, senate had agreed to a vote late to-, die adjournment of Congress was ed tonight bringing to an end the tra session which was called by bill years. accompliish(ed today wiw 'f on October 28.

This is tne dui wnit.ii nnms Governor Frazier will return to his the excess profits and transportation big farm near Hoople. Mr. Hagan does away most of tte not certain U. forthe im- ged the line and increases the tion income tax from ten to twelve and a half per cent. The measure generally is conceded only as temporarv.

and the understanding is a new bill will be framed within a year or IffBlgflPMBfgPfgfflSSggM Inaugurated President Harding April 12. ine suow coider Thursday, The regular session will be ed in December when the dorsement. days of the extra session will again The League's Swan song. taken up. What of the future is a question! frequently discussed by leaguers.

The! CONTEST HEARING Courier-News in an editorial Washington, Nov. senate day had this to say: agreed to disnose of the the future will disclose as Newberry senatorial election contest the smoke of the recent campaign in January. The agreement blown away, is that tremendous and was bv unanimous conscnt proenduring changes for the better vides thai the election caso shall be been wrought by the Nonpartisan to the exclusion of all else League officials. State hail insurance on the fourth calendar day on which is here to stay, and state bonding, and state fire insurance for public ings, and state farm loans, and state mills and elevators. The fight for fair freight rates and foi a fair grain grading system has been set far ward, and no administration will dare abandon it, or can long pretend to be doing something, while in reality ing nothing.

The hardest fight rages (Continued on Page 2) in WEl R. A. NESTOS JOHNSON A. KITCHEN WEATHER 24 hours e-nding at noon iNov. 23.

Temperature at 7 a. 10 Highest yesterday 1 LoWest yesterday 0 Lowest last night 4 Precipitation Trace Highest wind velocity 22-SE Weather Forecast Bismarck and Vicinity: UnsetThP tied weather tonight and Thursday rplt.iwc/lQtj For N0rtj, and with this out! Briggs, Joseph M. Devine, of the way was prepared to adjourn. while the house was markine time weather 1' me marking time, nwAitinc for the senate to declare its Weather Conditions The center of tthe western low presbusmess finished Governor Frazier began his third anceJy the the'western states, the Canadian Xorthtwo-year term last January 6. Mr.

report. The Dakota: Unsettled tonight and Thursday with gnow colder Thursday. gure area hag advance(j to ioKMj.tnJ prpsa No 23. Final I and it covers the entire fRocky MiounsTxIenactmSTt of the tax revision bill was, tain region, resulting in unsettled todav with the accept-! weather over western sections. Light sn0w k3g jt Nestos has a year, a month and the re- border states.

The temperature has erai days to serve under his election law. Senator La ls rjsen slightiy 0ver berry election contest and other measures which have been under im- the closing the senate is in session after January 1 and to limit debate after two days of general discussion. ANTI-BEER BILL SIGNED TODAY "Washington, Nov. antimedical beer tfell was signed day by President Harding. Wyoming has fallen over the extreme Wf.st and portions of the northern the northwest ORRIS W.

ROBERTS, Meteorologist, UNION SERVICE WILL BE HELD THANKSGIVING Unldn Thangsgiving services niH be held under the auspices of the Bismarck Ministerial tion at the Evangelical Church on Thursday at 10s80 A. W. Her. K. president of the Ministerial Association will preside.

Following is the program of the services Piano Prelnde. Song, "Come Thou Almighty King," Congregation. Rending of the President's lamation, Rev. C. Postlethwalte.

Song, "America." Prayer, Rev. L. R. Johnson. Anthem, "Sing Praises," Choir.

Scripture Lesson. Announcements. Offering for North Dakota ren's Home and for North Dakota Society for the Friendless. Song "Praise Him," Male Chorus. Sermon by Rev.

S. F. Halfyard, Mistor of the Methodist Episcopal Church. Wllg. -j Benediction.

NEW GOVERNOR KINDLES PRIDE IN STATE, PLEDGES ECONOMY ASKSSTRIFE BE FORGOTTEN R. A. Nestos, Sveinbjorn Johnson and Joseph A. Kitchen Are ducted Into Office in State Capitol With House Chamber Executive Outlines Administration Plans in Inaugural Make Probe of State's Business and Report to People. (INAUGURAL ADDRESS OF GOVERNOR NESTOS IN FULL ON PAGE 3) R.

A. Nestos, inaugurated this afternoon as the thirteenth Governor of North Dakota, kindled the an pride. '''''-C. With the premise that "fundamentally the state of North Dakota is, I believe, a better field for investment than any other I state in the union" Governor Nestos promised on behalf of the I new administration and economcial, fair and open state administration. FRAZIER SAYS FAREWELL NOT AT INAUGURAL Governor Leaves Farewell age Thanking Friends For Loyal Support HAS BUT ONE REGRET Governor Lynn J.

Frazier left the state capitol about 1 o'clock this ternoon not to return as Governor. He declined to attend the inaugural, but during this morning Governor zier and Mr. Nestos had a long talic. (Before leaving Governor Frazier gave out the following message: "I have- but one more message beftfre I leave the the farm, and that is a message Kf heartfelt thanks to-all members, of the Nonpartisan League and to all othccs of our citizens who have so loyally supported my ministration through Ave long years of struggle and who have stood by me and my associates in vistory and defeat. The only regret I have as I surrender the responsibilities of office, is that we have not been able to render greater servico to the people of our beloved state, but we have done the best that was in us, and the fight is still on and will be until the success of the Industrial Program is assured.

We have left the Bank of 'North Dakota, the keystone of the program, in splendid financial shape for our successors to use, and I sincerely hope they will be able to immediately aid out hard pressed farmers. I leave office 'with malice toward none and charity for all' and with the ing conviction that the people of North Dakota will not only settle the grave problems that confront them but will, in the future as in the past, be in the front trencheB of the forces that are now gling to establish economic dom for the producing classes lof the world." (Signed) Lynn J. Frazier. Governor Frazier told Mr. Nestos he would moVe out of the Governor's mansion this afternoon if it was sired.

'Mr. Nestos assured him that he did not desire this. They shook hands in cordial manner as they part- BUSINESS HEN AT COMMISSION Ask Improved Service Upon The Soo Railroad Line A score of iBisniarck business men were present at the hearing before the state railroad commission this morning at which the business meu asked the railroad commission to der the institution of "daylight ness service" on the North and South lines, so that persons may come to iBismarck, transact business and get home the same day. The hearing was on an order to show cause to the Soo line. The change of schedule proposed, it was stated, was on account of the neceS' sity of making connections and for reducing a toss in operating revenues on the branch.

J. P. Sells was the first witness for the local business men and explained the importance and necessity of the "daylight business service" and jecting. to the new proposed schedI ules. JURY VISITS FATTY'S HOTEL San Francisco, Nov.

jury trying Roscoe Arbuckle for slaughter today was scheduled to visit the Hotel St. Francis where the film comedian, host at a party last Labor Day, is alleged to baye inflicted injuries which caused this1 dei Virginia Rappe. eath 'of a He invited the people to forget rancor and strife with the statement that "It is the hope and purpose of the incoming administration to forget aa far as possible the differences and discords of past campaigns 'and to view the present situation in the state calmly, dispassionately and with but one thought and purpose in mind, that cf serving honestly the best Interest of the citizenship of our state." The inauguration took place as scheduled, the suit to stop it having been put aside by the supreme court late yesterday. In his speech Mr. Nestos said: 1.

No' session of the ture is Immediate prospect. 2. A thorough examination and public report of every state partment, Industry and activity will be made. 3. He will reduce peases by dispensing with ployes and decreasing the payroll.

4. He Will Crowded into the houae chamber were men and women from all parts of the state. Many of them arrived just in tihie for the Inauguration, ing ascertained by long-distance phone that the supreme court had nied the writ asked for staying the canvassing board. Twh. score of dependent legislators Wire here for the inaugural.

Among those in tendance were Dr. P. Nestos, of Minot, brother of the governor, and Dr. Nestos' wife. Secretary pf State Tfiqmas Kali presided at.

-the audience opened the ceremonies after the introduction by singing Right Rev. Vincent Wehrle, O.B-8, Bishop of Bismarck, gave the tion. Judge Christianson of the preme court administered the oath ot office and delivered a short address. The Sargeant at Arms was Staale Hendrickson. Presiding officer Hall appointed independent members of the legislature who were present to es-' cort the judges of the Supreme Court, B'shop Wehrle and the newly elected officials to the house Chamber.

As they entered the chamber which was decorated with American flags the audience which filled the lower floor gallery and occupied most of the available standing space broke in. to cheers. Before proceeding with the gram, Mr. Hall read a telegram from J. F.

T. O'Connor of Grand Forks pressing confidence in the new ficials. The Community Chorus sang the North Dakota hymn. Governor tos delivered his inaugural address, the Community chorus sang and a ception in the governor's office lowed. Says State Is Sound.

ip Last Edition PRICE FIVE CENTS 1 I am mindful of the fact that for various reasons the confidence in our state as afield for investment has been shaken and that at the present time, the credit of the state and its people seem unduly impaired and am confident that no good reason ists for the continuance of this dition and attitude," said Mr. Nestos. in his address. "Fundamentally the state of North Dakota is, I believe, abetter field for investment than any other state in the union. There was no inflation of laud values during the period of high prices of agricultural products not even such an increase 1 (Continued on Page 2) til.

v' endeavor to "re- credit of stated and attract Investotu 6,. He will keep Ises. ft, The administration favors completing the Grand Forks mill and elevator. 7. North Dakota should assist In movements that trad toward Improvement of conditions on the farm and solution of.

marketing problems. Ceremonies Held. The change in administration publicly took place in the chamber of the house of representatives this ernoon. The canvassing board met thi3 morning and after canvassing the vote placed the official majority of Mr. Nestos at 4,500, that of Sveinbjorn Johnson for attorney general at 7,000.

and that of Joseph A. Kitchen for commissioner of agriculture and labor at 6,000. I I eanpalga pna.