The Nonpartisan Leader Newspaper, November 30, 1916, Page 8

BN 0 ol L o Ccargoes info’ ‘ HE United States govemment is now furnishing- . a - splendid - example of how it pays the publie to go into business for itSelf once in a while.. Secretary of the Treasury - W. G. McAdoo has just issued a tepdrl: on the government: isk: 1 government can: enter the so-calle fiei of private' enterprise, not only to: the profit: of ‘itself but: to ‘the grofit of the --business world and the pubhc generally.” It ought to be an: answg‘r to’ the croakers who 'say that states can not successfull, oint. where commerce became almost: impossible.. Some. ‘sort of - risks were evén refused” and: stagnation -in American foreign' some insurance corporations saw a>chance for _ inordinate profits. Others,. more honest, admitted that wat risk was a hew thing to them and that they knew noth- ing about it and would not insure hulls or cargoes at all. It was too big.a.chance ~ and they -lacked. statistics. .and informa-' ° tion on which to base rates. It was a: They. would not I‘axmers Nonpartlsan Lg gue, ? Fargo, N D Dear’ Slr5' & quarters of: the Farmers Nonpartlsan League, Since that time I have been thinking a'good de farmers and organizations and:I guess T had better stick, what I can to help this movement along. If we could gé the' nesota farmers organized into one political pa.rty, T beliey drop out. be a hard blow to Big Biz. So if you will send my certlficate bac bank and pay my membership fee. There is an organizer workmg i enter the msuranc <busmess, as: the,»». .pnvate enterpnse that the - 5 commerce = was ‘ threatened. - ; ; GOVERNMENT CALLED UPON - TO SAVE COMMERCE ; In the wa.r, thh 1tweat ‘risks’ toA - neutral shipping ~on ~account of sub- marines and floating or anchored mines, ' * ‘ment, but’ where. would: it stop, “. thig It would be a. precedent for enteflng ' other lmes ‘of ‘hitherto i nvate business, ‘thus . competing with am has carried on' operatlons fof '0 HUNDREDTH o " fd 'k, or some agitator mig propose that th ; ,government take over ‘ther forms of msuranc : the government that it was should "fi;t -enter. - Others adxm' ed i : could be. done profitahly by t asked" If the government went mto its own. citizens. They were against it on principle, just'as certain persons and jnterests are opposed to the state of North Dakota assuming '7 the hail risk for its farmers in consider- ation of a-tax on farm:land to pay the losses and actual cost of adnfimstratlon % “But: now _the government war burean has been.gperatmg twe .y