Omaha daily bee., 1905-05-21
FAvoRS BANK COMMISSION
Auditor Carol says Examiners Have
Too Much work at
Present.
From a stan CORRESPONDENT


DEs MONIES, May 2O-(speciai) state
Auditor r. F. Carroll has taken a position
In favor Of a bank commission to look after
the banking business OF the state. In an
address before the bankers OF group Il
he argued that a commission organized
along the lines Of a railway commission
should be organized. He took the position
that the national bank examiners and the
state bank examiners have each too much
work to do to do 1t we'll and thoroughly
and he believed the best way to guard
the interests of the people against bank
failures was in bank commission. Auditor
Carroll advised the bankers to present a
bill along the lines of his suggestion to
the next general assembly
In the federal court this afternoon Judge
Reed directed a verdict for the plaintiff
in the case of the State Bank of Goffs,
Kan, against the Bankers Mutual Casu-
atty Company of this state for 1910 the
full amount of its burglary insurance
policy, with interest. The banks safe was
blown open and robbed.
Charles Crosby, workman in the VAL
ley Junction shops Of the Rock Island rail-
way, today had his arm torn from the
socket in the machinery OF drill press
John Reynolds of the Boone Electric rail-
way has been in the city for two days in
consultation with J. s Polk Of the inter-
urban line and it is given out that the in
terurban to Perry and Woodward will be
extended this fall to Boone.
The Chicago & Northwestern has filed it's
report with the executive council showing
the net earnings in Iowa for last year to
have been s29O2 q, or 81 ,s4s. % per mile.
The gross earnings were 81, ,545. S7O15 and
the operating expenses SS.64S. .6S4Ss The
company has 1,57O.25 miles of track in the
state.
Mrs. A. o. Reynolds of this city, president
of the Seventh District Nonpartisan
Woman's Christian Temperance union. to-
| day issued the call for the annual CON
vention, to be held at Indianola May g.
| The Wells-Fargo Express company today
| made arrangements in Des Moines to Sc
| cure 500 men to take the places of the
strikers in Chicago. Fifty men left to-
| night for Chicago for that purpose. A
representative Of the express company was
in the city today and made the arrange.
ments with the House of Employment, q
| labor bureau.
| There is a move on foot among the as.
| sociations of Corn Belt Meat Producers
| State Grain Dealers and State Manu-.
! faCturers to have the full testimony OF
Governor Cummins before the senate com.
| mittee printed and circulated through the
state as campaign document to educate
the people on the rate question
Hon r. II. Spence of Mt Ayr has an.
| nounced that he will not be candidate
| for the position of United States attorney
for he southern district Of Iowa He held
a conference with NJ. L. Temple of Osceola
recently and 1t is given out that he will
| support Temple for the place Mr.. Spence
| Is chairman of the republican state cen
! trail committee.
| A strong petition from citizens of Cres
ton for a company of the national guarc
has been presented to the adJutant general
II is given out that there is likely soor
| to be a vacancy in the Fifth fifth reg1
ment and that Creston, in that event, will
| likely get the company. There is a pos
sibility that the companies at both Osceoli
and Winterset may be disbanded. Prof
William Bell OF Creston is talked of 10
captain. About forty have signihed thei
desire to Join the company and It is be
lieved that the full required fifty can b
easily secured.