The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1905-02-16
Mnl2harann,s Snlel.

Woodward, OK, 2-I-lNO5
Editor News: BY your permission
! I would Ike To make few corrections
NJ an article that appeared in Fred Ira
CTS paper, the Beaver Herald
Ans iair-miuded reader of Tracy's
statement could not help but see his
nnimoaj'y couchcd in every line.
Il IL true the Bank OF Beaver was
closed un account of q run but had the
iiG.0a0 reserve (which Tracy admits"
aeid with our correspondent at Kansas
City. been IN reach the run could have
been uyerted, bat Beaver City IL 10
miles from railway or teleEraphic
communication aud IL was impossible
to transfer funds in time to protect the
bank
Thcre was no bank examiner there
at o." time nor for four days thereafter
and whom he did come and went thro
the bank thoroughly he made the stat
nent that the bank wns i'm as good con-
dition rs the average bank OF the terri
tory and that it ought to continue il
business The eXaminer--or rather his
deputy, Col Moore-did find some sus-
pense paper, ms he finds in each and
eye"y bank throughout the territory
and but a very small amount was
charged of. He never authorized tue
statement made by Fred Trpcy and the
said Tracy had no right to make II but,
unfortunately, he owned one Share OF
stock in the bank-one hundred dollars
and that gave him an opportunity to
"butt in, thing he never fails to do
If he has any pretcXt for doing SO.
Had it not been FOR the personal venom
which Tracy had for my son Edward
1 hny
ed into print his false and unauthor-
lied statement
lie says he "bclieves that the bank
can be recognized and continue in
business, by home stockholders, and
that no one will lose dollar" If this
said Tracy had of had a head on him
that would require hat larger than an
oyster can, his last paragraph would
have been all that he ever would have
published.
1t is true that the bank will go on
and am glad to know that no outsider
will be allowed to "butt in" as Fred
Tracy did and both stockholders and
deposition, will get every dollar. In
CONCLUSION, allow me to say that the de-
putty bank examiner, Col. Moore, COM
plimcnts my son both clerically and
OI0cTWlSt anu II lDtTS nave b"tu ull
mistakes made or mismanagement it
ha5 been my fault and not his and /
want the general public to understand
it, Yours Respectfully,
A. l., MCPBERsoN.
The above ta ken from the Woodward
News and coming from the source it
does, is one of the rankest impositions
yet perpetrated on our people. Is it
any money in the pocket of the losers
OF the delunct bank whether Fred Ira
cy owns the Herald or not? What con-
nection has that with the banks fail
ure?
In the first place, no false statements
were ever made by this paper and it
WAS not the intention to reflect upon
either Nc or "my son Edward" We
deemed it our duty as newspaper to
publish the facts in the case but even
then we shielded Nc more than wa
should have perhaps, for the reason
that we did not care to prjudico the
minds OF the people
As far as Ed is concerned, there is no
one here who doubts his honesty and
no blame is laid at his door. We can
not sav ne r'rch for old man Nc.
The Herald has been lenieut with
Mr.. Mcfnerson so far but if he wishes
Erred rracy's paper might be able ID
show him up in his true light.