Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1897-07-29
IT CREATED DISCORD.
DEMOCRATS oBJECT- TO POLITICAL
Et.i.. usGUEsION,
ATTEMPT TO HAVE IT BARRED.
LEAGUE OF BUILDING AND LOAN As
sOCIATIONs MEET.
senator Formker Addresses the Menu
b.rsSecrcturv CeIIarius Presents
some Interesting Stn'istles
Paper Read by {. =
HnFtOugh.

Detroit. Mich. July eS.-Pohtcs to-night
cast a ripple Of discord over the annual
rorvauriou OF the United States League OF
Local Ruildin., and Loan Associations The
disturbing element crept in through what
was considered an iHjudiciOus reference
made this morning in President Brown
address. r. which the president inferred
that .'Icy tariffs and free trade were &c
Cided injury 70 the cOuntrys business re
marks Of this character did not take wen
with several delegates OF the Democratic
faith. They said nothing about II durlAg
the day sessions. but shortly after the
evening session had begun the following
resolution was offered by Delegate r. l..
Peek Of Jackson:
whereas. The United States League OF
Building ard Loan Associations IS organized
for the mutual benefit Of all, and II oelng
our object here 10 assist by our acts the
further growth OF such associations IN our
land. where so many differences of opinion
exist IN relation to religion and poIitcs'
therefore
Resolved. That il IS the sense Of this
league that all matters relating TO either re-
ligion or politics be eliminated from consid-
Grafton. either in debate or papers which
may be read and that the secretary Is
hereby requested not 10 print anything
whatever Of 4 political or sectarian nature
as part Of the proceedings Of this
league"
There was a warm debate over a motion
10 refer the resolution TO the committee
on resolutions. John F. McGlnnis, of Al
ton. Ill. said the idea OF bringing in poll
tics ought to be condemned by every hon
est man present, whether he believed in
protection OF free trade. gold dollars or So
called J0-cent dollars. He protested strong
" 'in the name Of the great West" II
was wrong for the highest Offices or the
humblest member TO bring politics into the
convention.
An amendment was offered to send the
resolution to the committee with instruc-
tion 10 report the same at once. but TINS
was strongly opposed. A question was raised
as TO the propriety of authorizing either
the secretary or the resolutions committee
to act as censors over the papers.
After a long wrangle, President Brown
ruled discussion and the resolution out Of
order He said that the secretary could
not properly be authorized to cut matter
from the papers read. He had allowed the
discussion to continue because he supposed
that the resolution was aimed at remarks
he himself had made. A motion 10 table
the resolution then prevailed, and the dis
cussion thereon was ordered expurgated
from the record, which closed the incident.
Building and Loan Associations of Kan
sas.'' by c. S. Hartough. of Leavenworth;
''The Reserve or Contingent Fund" by Jo-
seph H. Paist, of Philadelphia, president
OF the Pennsylvania league; "Co-opera-
tion." by Henry. NJ. Walker, of Chicago;
In the Home idea Is the Brightest Hope
of Mankind by Frank L. Wells. Of Wells
vile, o.: What Local Building Associa-
tions Have Done for Philadelphia" by Jo-
seph X Gamble. of Philadelphia; The
Home" by William II. Page. of Haverhill.
Mass. and Opposition to Local Building
Associa tions." by ]. w. Sutton, Of Sault
Ste. Marie, Mich
At the day session the deiegHtes listened
10 a few remarks by United States Senator
Foraker of Ohio. VINO was introduced as an
able friend of building and loan interests In
the senate. where he succeeded in having
building associations exempted from the
proposition for a stamp tax upon stock OF
corporations. Senator Foraker spoke of
building associations as prominent factors
in bringing about the prosperity that every
body is expecting. They came, closer 70 the
people he said. than any other factor IN
their effort to save. He closed with pre-
dicson OF sPeeoy toI f fetSrh tS ne 0I PtaG bill
Senator Foraker was heartily applauded
The secretary, II. F. Cellarius, OF Gin.
cinnati, presented a comprehensive annua
report. 1t showed that the total assets OF
the local building and loan associations OF
the United States now amount 10 S9ee,Soo,,
6q5 an increase of SlS.7e0. $50 during the pas
year. The total number of local associa
ticns in the several states Is 4.Ub; theIi
membership numbers 1.6lO,SOO. an increase
OF 65I71 members during the year. The
highest proportionate Gains were made II
the Eastern and Central states, where
building association interests are greatest
and the states showing loss IN asset
are all located west Of the Mississippi river
excepting the states of Illinois and Ten
a Pointer in Civics" was the subject o.
a paper read by +. B. Linsley, of Three
Rivers. Mich, the first treasurer OF tn
CEited states league. tie SPOKE OF IN IN
building association and its influence OF
citizens and claimed it to be one OF tn
most helpful factors in forming intelligent
useful members OF community.
when thrift supplants improvidence.
he said. land the home drives out tn
saloon. a great part OF the present socia
problem will have been solved. and as on
step in this direction we commend tn
building association. BY II the rioter /
transformed into the builder of HON
and the law abiding citizen. Anyone VIII
saves something steadily is prosperous
and will be ultimately successful TIL
building association is the best possibl
help in this direction.
Thomas J. FItzmorris. of the Omaha Bee
read an interesting paper on THE Fruit
Of National Methods" The paper was
denunciatiCn Of alleged riotous eXtrava
EanCe of some managers OF national build
Ing associations. Within the last twent
years. he estimated, the people Of thl
country have been robbed OF SlO0 100 90
through the medium OF four grades of swim
die organized on the benevolent plan. INA
tional Building and Loan Associations" h
proceeded, differed from these frauds onl
In degree. They bear the mask Of iegit
mate cooperation. Their promises weT
equally great and their performances a
melancholy for Shareholders The resu
was that state after state enacted laws r.
striCting their methods or prohibiting the
operation. Graveyard insurance Companif
were highly respectable. compared wit
these fraudulent national building assoCis
tiOns. They we're not satisfied with the
harvest of dollars. but sought to fortif
themselves with state laws after the mar
ner OF Minnesota. II was a death strugg
In which honesty triumphed. The at.amI
TO enlarge upon the plan of local associ.
tions has proven disastrous. For years
come the name building ana loan associ.
tiou will be 20 every victim a byWOrd an
reproaCh. The locals must. therefore tri,
20 regain the public confidence shaken /
the nationals