The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1903-07-31

the time. One campaign overlaps an
other in this great generation. Gen
eral George E. Bryan is the state
Republican chairman and he is at
work Tin the interests Of the party"
he would say. ITO advance the La
Toilette factiOn,' the 'other side"
would say. The governor is fortunate
in having the sprightliest kind Of
champion in the Milwaukee Free Press
While the opposition organs are main
ly heavy artillery and slow to drag
into position, The Free Press IS as
saucy and rasping as hive of bees.
Wisconsin is splendid but it is only
part of this wonderful country. [ was
looking over an agricultural paper that
deals with the Southwest, oklahoma,
etc. What land Of promise that il
too.
In 1899 a portion of Oklahoma was
thrown open to settlement; at that
time the farming interests amounted
to practically nothing. In 1890 the
census report of wheat production was
30175 bushels, and the territory
ranked forty-second. In 1900, accord
ing to the census, 1924, $50 bushels
of wheat were raised and the terri
tory had climbed into fifteenth place.
1890 1900
Farm products. $4,000 $40, 44S,OC0
Farms, Sc to 100
acres .. 1872 6,423
100000 acres .... $3.50 51.173
On the other hand, enthusiasts will
paint equally good stories in their way
of Virginia, of Canada, etc. Each man
must decide where he will live and
then throw himself into it hard.
When Bankers Get Together.
Bankers are curious folks. l picked
up detailed report of the proceedings
Of the Minnesota state convention the
other day expecting to get some solid
reading on financial movements, etc,
in large way. There were two i'm
portant addresses by visitOrs-COn-
gresham Fowler and Dawes, the Chi
cagO tinancier; but all the talking
done by home talent minnesota bank
ers) was as simple as would be done
by convention of ribbon clerks. 1t
was page after page of discussion as
to how the banks could get ten-cent
commission for cashing money orders,
express orders and the like; and how
to get people to send their remittances
by bank check instead of by mOney-OT-
ders. etc Then there was speech in
which the banker advised everyone to
go into burglary insurance. Thus in
the cashier may throw up his hands.
for the insurance company will make
good the loss. 1t was q NOrthteld
cashier in 1876 who tried to fight the
Jesse James gang and lost his life.
The Over Draft I'm Small Communities.
But while bankers are poor takers,
as a rule, and sharp after their per
cent, every small community owes
much for their careful, irritating, con-
sentative ways. Their lot is not an
enviable one. In an address one of
them said:
I'VE have q system in. the country
which / do not believe exists in the
cities Of allowing overdrafts. In a
country town having less than 1000
population, with two national banks
having deposits OF less than 100000,
the last call of the comptroller
showed Overdrafts, in those two ma
tional banks, exceeding $4,000. The
National City Bank of New York,
whose deposits are equal to- if they do
not exceed, the combined deposits of
all the private, state and national
banks in this state. showed Overdrafts
of less than $4,000.
Checking Out q Deficit.
This is added to and made worse
by the growing practice of scattering
broadcast private checks. resident
is owing such and such a party out
side. He issues his check, and sends
it north and south, east and west. At
the time they are issued he has no
funds to his credit These checks are
sent with the hope and expectation
that by the time in the usual course
of business, they reach home, he may
be able to have a deposit. Most gen
orally when presented for payment an
already existing Overdraft account is
found.
/ THE overshadowing evil and men
ace to country banks today is the sys-
tenn Of Over-drafts and scattering
broadcast of private checks without
! first deposit of funds. 1t is true,
that there is upon the statute books
! of this state a law making it a crimi-
nal msdemeanorto issue checkwith
! out first having deposited the finds,
but who is there of you, gentlemen,
who would want to be the first to cause
, cri ninal prosecution against your
! patrons. friends and neighbors?'
! In Wisconsin under the new bank
, law over-drafts must be charged off
, rs profit and loss"
National Guard En- Camp.
Our Madison boys are taking their
| turn in camp along with the others of
the state 1t is healthy, outdoor
life and many of the young men plan