Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1904-11-05

The New Mexican aaya thaf ihe bur.
den Of bio a1ug hoing sung by demo.
ofnflc camlminn speakers ami nour.
papers ls q cry to TIE effect that
tho republican administration. wnich
has been In power since 1897. has im.
posasl such heavy takes upon business
men aud Che Iofdo generally hat cap.
Hnl ls BEING driven out of tho terri.
tory. ami thai any aftomra to bring
m Now captai U establish new ga.
icrrriscs % worse than hopolora.
% may ho worth while to lnvonieaie
those charges, and determine whether
or nui There o. anything of rccord 81
auhatontiaio such on as.ortion. Doubt
lors anyone familiar with bushes
methods would be- willing to admf
t1af mo- curitai is more umid titan that
invested On tho banking hualnrsa
whc.hcr under national or lorn laws
u then. hunk.ne capital has been driv.
cn Got ur kont ont of New Movioo
since 1897 % would bo mir io assunnn
that somctnlne o. wrouF end thai a
change should ho made ln criafInr
conditions. ofbor political or financial.
Tahlue un tho 0r subject OF ma
t.oual banks thc ropugt OF the COMM.
twliol OF che Dueucy Shove that IN
iAad m tho beginning of Thornfona
democratic admin iratIon. there were
in New McE.co ten national banks.
having q combined c1p.gal AMI sur.
plus 90 l99T.000 AZ thc end of Gov.
cruur thornton term DO 1897. nnar
only four wears of dcm1cruic rontnni.
there WDrp boo sis national banks
'oH in tho toutofy RIfh "a capital
and surplus or t13gU00 am outright
i1as of four ua1aa. ana s2G 900 Of
Investment Tbo s.a banks of,oruilne
.n 1907 showed total deposit of
ig.776.O00
Governor OfcrD wac 'uiuciod .uto0f.
Gee lu juno. 1897 and January. 1859.
Poe administration of territorial at
aIF Was completely Doc republican
hands. Has tfe condition which CA.
.Iod In 1900. or even n 1893. bean
Improved, or has o. changed Tor ho
Forue2
uy 1901 fne numbor e. Medicinal
banks nnd Increased agan to ten
with capital and surplus amounting 90
'lt30uno. and deposits in Ulc sum OF
iili5Joo. or ncarly double the
imauni he'd 200 1897 when rboruon's
.crm expired Al TILE writing. tho
number pi ual.uu1l hauRs has lncroag.
'd 90 tweuiyone. or hur,.n moro ghgn
Thornton iOft iu tho Territory. with
ap.ial ami surplus of ti.G6tO00 and
ioposlta OF over t550o.a0O Thurs. lt
Flh be seen th1f under republican
rule thc capital Invested lu national
lanha Rae increased from glgGu0O
20 fiGGt0o0. 0r more nan Ioulo.
while persons engaged lu general
business have been able to Increase
heir deposits in these nnitu toms
rom s2.5160pO 90 $500 600. also
nogo than double.
Tho territorial records show Sim.
Oar Improvement CAL roRards banks
organized under local laws. IN 1897
hore were acvon such banks. having
capital and surplus % 100000.
Nhilo in 1904 me number OF banks
ind increased 90 thirteen. the DO.
Iosia amounted b. moro than e..
lO0. 900.
Combining tho figures OF national
.ni territorial banks atUes that be-.
weUn 1897 aud 1904 tho nmbor In
IpaIatiuu .noroasod from thirtoon a.
hgty-folr capital and supu8 invest
II trom S916.O0O % t2.e8l 600 ami d..
otiis reached "a gnand total ~ almost
d. 100000
A. the statistics raalnly show. moge
onka have beon Organized and uigra
anhng capital has heen invested IN
View MoSioo during the last seven
'Wuu ~ republican administration.
hnn during tho entire previous 10
'nsi Of bR existence az "A territory.
an business men are directly lntor.
ftfsi 10 mo Increase ~ banking IN
'tliuea AMI the consequent extension
md enlargement u tiio dold % opoaa.
Inns and crssiit n VII be HHlcuH ao
induce such mon 20 listen On Htuieu
md pruplhestea of gnanchil disaster
yhon ths evidence confirming them
n their every day experience - 90
liroctly and ounclua.voiy 10 the c0n.
mry