Marietta daily leader. (Marietta, Ohio) 1895-1906, 1900-11-02
BANKS OF OHIO.
Number Of People Interested In
Their Welfare.
MOST DEPosIT0Rs NOT WEALTHY.

Evidence of IA Leading Democratic Banker
of Cleveland on the Subject-Strong
Pronouncement In Favor of the Gold
Standard.
That nearly one-fourth of the $4,000
stockholders in the 755 banks of Ohio
are women illustrates how these in
stitutions are related to the homes, as
well as to the business interests of the
state. These banks now have $101,-
6O4,OOO capital and surplus, as against
SS7,S43,OOO four years ago. The gain
in deposits is even greater, the total
today being almost double what ii was
i'll Democratic times, being 1891 $40 900
as compared with $213, ,907 900 in 1892
This nearly $4O0,O00,OOO of deposits
and more than $1OO,OOO,O0O of capital,
is contributed not by the few, here
and there, but by nearly ZOO 900 depos-
itors and stockholders.
A single bank in Cleveland, with
$4,000 900 of deposits (the Society for
Savings), has undertaken to classify
its $500 open accounts, as to the &C.
cupations of their owners. 1t was able
to identify 10000 of these people, and
more than one-third or 1850, are EN-.
ployes in manufacturing and trade;
$500 are day laborers; 5000 are clerks
$500 domestics; 1900 teachers; 1,70O
are professional men. These facts are
probably typical of the savings insti-
tutions throughout the state, and every
dollar Of all this vast amount is i'm
perilled by Organism, and every hum.
BILE home represented in these savings
has its own risk to run in Bryan s
election,
The banks of Ohio paid last year to
the state and general government
S1,S75,00O in taxes, or about Is pei
cent of their gross earnings. In Cleve
land alone the banks paid 1896, ,4S9 in
taxes, or about per cent of all the
taxes collected in the city of Cleveland
and Cuyahoga county. These interest.
ing figures come from his report as
president of the Ohio Bankers asso-
citation, submitted at their annual con.
vention in Columbus the other day
Colonel j. j. Sullivan of Cleveland. AS
Colonel Sullivan has been one of the
most prominent Democrats in the
state, as well as leader in business,
some things that he says in speaking
as a banker to bankers have really
great political significance.
After briefly stating some items O.
the country's increased prosperity, Mr..
Sullivan proceeded to say, "as patriots
you can not be Indifferent to the pres
ent crisis. The wheels of progress and
prosperity must not be impededs and
the grand triumphant march of the
nation must not be imperiled by en-
trusting its destiny to sophomore
statesmen, who would apply theories
of doubtful merit to our governmental
affairs.
II believe the paramount issue be-
fore the country today to be the main
tenance of the present money stand.
ard of values, which is the standard
now in use by all of the most highly
SlNlllAOu haIlOio' ChuCl lhC SOlI
standard we have advanced to the
leading creditor nation, and it can be
truthfully said that we are now an
important factor in the financial affairs
of the world.
"The United States pledged to the
nations of the world that the word
'doliar' in all Of our Obligations shall
mean one hundred cents in gold, or its
full equivalent. TO violate that pledge
now would be to disAonor the nation
and to invite di1credit upon its people
| certainly do not desire to indulge in
rash statements, but to my mind tbs
question Of the hour is honesty in
finance, as clearly as it was four years
ago, Trusts and imperialism are tC
my mind OF secondary Importance, j
know | voice the sentiment OF the fra
ternity that ! say that the best inter
ests Of the farmer, the mechanic, the
day laborer, the manufacturer, as well
as the banker, will be served by de-
manding and maintaining an honest
dollar.
1--WE want a dollar that is good fol
one hundred cents everywhere on
earth"