The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1903-11-17


his mill Just the water from his
spring might not be missed. or suf-
lcient to cause annoyance. but a
neighbor sees his new reservoir and
forthwith dams his spring and builds
him a reservoir and soon the craze
has spread and the mischief Is done
and the people living away from the
water course curse the folly of the
farmer and miller and his friends as
they look at their dry and barren fields
and empty -four and meal boxes. Is
the allegory plain enough?
Banks are not merely safety lock
boxes in which money may be laid
away for a rainy day. hut are to finan-
cial values more like a community
cotton mill to which each brings his
cotton. and at less cost, less loss Of
time. less waste of material, more per
feet production and greater amount
per capita is realized than could be
done by any one of the number acting
&c PAL uANAg anu WIN ~ NhiEA ihANtAANN
and greater encouragement to each
person and the neighborhood in gener-
al as result The many Titles of saw.
ers and depositors make the large capi-
tai of costly enterprises, making huge
aggregate returns and securing the
larger deposits of attracted capital,
! just as the SNOWFALL small at first and
composed of a huge number of small
particles, when started on the hill Of
concentration, gathers volume with
every turn at rapidly increasing ratio.
until it cuts a wide and clean swath
on the hillside and at the plains level
stands a huge monument to the enter
prise that formed its nucleus a defense
against attack, and a source of supply
when the suns heat shall have evapor-
ated all the thinly covered surface OF
the hillside. where it was formed II
is true that the hillside represents the
people and when a bank is run solely
in it's own selfish Interests. he people
on the hillside. who pay the interest
that makes the huge aggregate, suffer
but when, as is the case with the
wise bank, the stored supply is pump
ed gradually back to the top of the
hill and allowed to thoroughly irrigate
the hillside by flowing down its chan
nels, then the bank or supply is a
blessing and the public of the hillside
are loudest in its praise and most ur
gent for it's continuance
AS the bank is the financial heart
Of the community through whose pull
sations the arteries and veins Of the
business world are fed. the number
and condition Of the banks is a sure
indication of the condition of the mer
camille and manufacturing divisions OF
the municipality, just as the number
and conditions Of citys schools anC
churches is a fair barometer by which
to read it's scholastic, religious and so
cial standing, or a look at it's parks
/: monuments, cemeteries and publ,
buildings a fair criterion for judging
Of the public spirit of its inhabitants
, This is so plain fact that ne VIII,
p runs may read and buildings in Okla
homa built by owned by and OK
j pressly used as habitations of bank
/ are a very high testimonial to the iin
= ancial standing and solid fnancia
worth Of the city and It's bankers
For. after all, il is the man at th
2 desk. The man behind the counter, wh'
Z really counts Upon the decision
- nrmness. accurate judgment and tho.
e ough knowledge Of the president an
a cashier much of banks success o
b failure depends These must virtJ
e ally pass upon all notes discounted
J. bonds and stocks hypotheeated an
i loans made. To them also are refer
{ red and from them all decisive act
r Of policy in various crisis emanat'
n The wise bank encourages by prefe
t ence the beginner in business, to 80
cure his success and thus increase
a the number of the banks friends.
o assists. wisely, as a sldllful teacher a
L sists a pupil, the smaller interests. a
y fant industries. new factories etc
s teaching them to know how 10 hel
e themselves. as it is never 20 bank
n interest TO decrease its number of "a
# Dositors. or safe borrowers, either b
g ing a friend hardly to be spared
Is must be safe and conservative 10 pr
e tect its patrons, but undue parsimon
Is defeats It's objective as badly if NJ
1t worse than undue liberality and a
IS these things the best bankers mu
.e bear in mind and do. Nor is this al
e, the banker and the bank must do
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