The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1897-08-26
without which no prosperity can be en-

during. 49," ''. 80
.slhe distribution of money IL dec;ded-
" faulty The burdens ara ,,naoual amt
The neonle resent the nnfo;rness ams
trio Hnnearv' GERMANY and Fronce saIt
and annreciated these DANCERS Years .sn
and have bann;,v corractnJ' thsm H.,
we can draw ;psnirat;on from nearas
hon, e" and sm a,.;n .,,a,u aolT nea.er
s rUm "E Gnd NY, ,"s VIZ, ,ne S"i'au'ahi
''.sNm' , hau n'I hn ~ 'nn,.aue' ,,oa,
f,,n, ~ Inesu 'nanses "lcun ruuicul tc
I'LL ro,a .he preseNt q"estioh' Wouiu
hNsi banks with less than Soo.ooo
."t;., '"e eo"n,Iy answer ulnesl--
. oa,,, .es. .Deiec'lve US II IS un-.
,,nni III i.s hote ISSUING ieat-'
in noI';, rleiu III IT'S operation
,;'.n ns. III RESPONSIVENESS, nnremllnera-
profted 't nnon YET ne na'ona, m,hks gre en-
SCI n, upon US as system, anu IL Sev--
e cr,, respec,s nave iittle Tor criticism The
81! lor h,oie money comes ioudest from
ny sec.iohs ,, Muere Daikihg faciiities are
uJic, nas. Inns matter long neglected
49,, ehioi ii i.s ueiiiahus ana eventually
'o .arh un iesIsia.lon. ooo
600 ne s9u'nern states WIN over 2O.UO0.s
oou people, nave only an average, credit
So NV, 1900 VI %ny'io per caplta' s wniie the
new Ehg,ahu states nave S2Sl.oS per
oop 100 NV Enslhhi' WIN ABOUT l.
U $1,000. popu . nus greatei pahkine
5S 400 nnn 'ne central states win hearty
MIL, '''c ''"'N"
W. M "pi,,o nN. popuiatioh' we see
M nn',s;, ';.i Wtl Hoii'ff per capita.
LIoS" CO.." w,,n c. TiuoV per cap,a, i.hous
e sI,en ~ 90 l.o- per vnp'u' fiorida WITT
r., XII oap;;.ui Mnie arkansns. witif'
n,,, " ~ 10 "sn az. possiolllics' ms
UnN %1,oo per enpi.a III phnklhg credi,
powun W uf.eiop ~ WINE me generai
tn t; %, ,ne Mnole s sni c IL ABOUT hu-
WI .gr,, .irnes es srts,; Pooo''
| hihSs nhanclally IRE sauiy OUT OF
}o,m,. Iii siiEht "'ne menu 10 eNlsuns
hn mm Mn' nu,p ~ risn. ,he MrohT, III
n rn nai,,e 'et "s urge men. y we,
/. n h1 10 eon.l,ut tne ",isclvI'ihc piss OF
nonus io Or hp.e ISSUES iet 'ne Dnhks issue
paa a5 III ,nc ppnus; II .ne people usluaiiI
~; mee ~ o"nh'' u. 'leiii ueillIlu reuucsio'h
III ohe .aa , ru.e on tne NOTE ISSUING lea-
lure e ana ne alioW y healtny expansion from
u M,h cnl', ot Tais,mIuing !uy o
we w, at; Only iWiT pnmks ~ 9oDe 6 sa ann
th nem VIII rIy;lVv ny minimum OF eapitai-
.here wouid De indncement enough m'
pamt nat a t; nhhk Wherever one wss'
~. ';i az" IN ou.siue e"p''"i Wo"'o sreu'r
.. nrn III ,mis WUrk' .L
me connptrolier OF ihe currency SHOWS
1SaS 70 6ctober a ISM " on ni, 40 nor.
900 70 Hc'epur 81, LOU, 9niy D. per
Ill III. VI . ~. Iu..su ma'lon''. pamhs were
| i' w ~. r' ."i"i :no"e" ~
aw' ana garefui examination OF me
euuses VI iuilure SLOWS tnat neary %
IN u, MS aaiiunes mere run gis
torm uoul ~, n'tu vseir' pJwe ill., ;e
ivory d Wo nn r :" " m vna men
w., We uiu np' ieu,., ironi .mese n,!ins YEAR,
t tnu. sn h namks are seNera;! rohseryn.
IVY anu sucecssiui. Na.io"ui pu i,
wonid r commanS s ibemseIyes 'W W Siscr;m-
;noting ;nvast;aotinn nnhi;c and nisa ~,
ccomn; 81 tha;E p i; "r rec" "IsD yo y"
examinations. and If decisions of court
offect;n@ them wonld ranidlv multniv
These wonid make Glad MANY n Iocalify
now engaged in the crudest form of bar
fer. and Suffering for the actual medium
of those exchanges which serve to bring
the husbandman the value of his crops
and the laborer the true worth Of his
hire.
THAT the needs of the country require
small banks is indisputably proven by the
statistics OF their organization, Since
January. 1898. 240 national Dnnks nave
been organized. VI these, ~ per cent
uoS) have been Sl0o'OOo and under ann
OF these NY, - per cent tn4ol nave peer
OF the MINIMUM mn nnn capi'ai allowed by law-
nancy S Sou,ooV. 90 Cha ,oorors sron.
ine noio'Vyp' ~, 81. III m.,>haa,
,ne uoinc !" .ne io.in ~" ~ pto I,,,cn
Prosperns. mvI u" ny "rantnr r,orr
~. q" 'ppo''"'''' an" s''"''' 7'V''
o' .,rho ro,s;r;s, alamo Otbell,.,ilc h
x,,;thaut an nccunofion In fairness ify
m; nStn"ss .. and in wisdom lot orr giyers
sottn This currency question and the.
sontb ot leost' will blaze lis own roatiH
~ riches /"
"Wonld Branch Banks BE Beneficial or
' tho RcyerseY" was discussed by William
G Cornwall president CITY Bank, Buff
folo n Y
Frank NJ Tracey. president of the First
Nationa, hank of Springfield. H.. read n
amer On tho subject "What Can Be Done
i !" Jncpeas' the Usefulness of the Ameri--
con Ronkers' AssociotionY ?"
Poners followed An 0rurroncv Sbfn.
mants If Rac;stered Mail p" Inv Charles. h,
Iannon nros;dant of The Iowa Ra1persi