Text book of California Water And Power Act

Cover Text book of California Water And Power Act
Text book of California Water And Power Act
San Francisco Greater California League
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In the election of 1916 the non-partisan league swept the state and in January, 1917 • its administration assumed control and proceeded to give North Dakota an adult dose of the New Freedom. State grain elevators and flour mills, a state hank, and a state chain of stores were established. All these enterprises failed and the state "bank caused the closing of numerous other banks by suddenly withdrawing deposits of state funds. Scandals developed in the relations between sonc non-partisan league... officials and certain banks • A very oppressive political organization was built up. In four years taxes trebled. Yet prior to 1917 the non-partisan league officials were quite positive in their assertion t the pro- ved state enterprises could not fail. They were aa sure of ovitable success as are those . -dvocates of the California Water and Power Act who tell U3 that the taxpayers of Caliicrnia will not be called on to pay any part of the proposed 500 million dollar bond issue for the reason that the business ventures in :ch the money is to be invested will pay for themselves.

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