The Marion daily mirror. (Marion, Ohio) 1892-1912, 1907-12-11

was eSbeutldllys tnlS--A 90 not QuOt
him literally: State banks might suf
fer II this financial stringency con
tinues, and they are therefore interest
ed in restoring confidence. Moreover
there is no reason why they should no
be protected by a similar system unde
which the state would guarantee de
positors in state banks and collect tn,
expenses from the banks so guaran
teed.
In the last twelve years there hav,
been more national banks that failed
than state b&nks. The regulation Of
sthte banks And Of savings banks l.
vastly more strict than that of the ma
tiOnhl banks. True, this depends large
~ on the state. For example, the state
banking law of New York is badly
drawn and more badly enforced. The
banking law of Michigan is we'll drawn
and well enforced. In New York the
failures of national banks have ex.
ceeded those of state banks by about 8
per cent. In Michigan there have been
no failures Of state banks during the
last ten years. Mr. Bryan's plan would
guarantee all depositors in national
banks, give them assurance of the
safety Of their deposits and thereby en-
courage them to take their money out
of the places In which 1t is now being
boarded and put It into circulation.
Democrats In Conference.
There is an old story about the tend
ency of Democrats to quarrel. The
story is told most often by people who
want to Intensity personal antago-
nisns among 1nembers of the Demo
cratic party. For example, the Hon.
Thomas Taggart invited, very properly
and very co,lrte0usly, number of
members of the Democratic national
committee to be his guests at his
home In French Lick, Ind. Nothing
could have been done more tactfully
by the chairman of the Democratic ma
tional committee than that. Instantly
the SO called great newspapers Of the
United States declared that 1t was an
official meeting of the national com
mittee. Then they insisted that It was
called to pick out some candidate for
the Democratic nomination for the
presidency.
1t so happens that l know something
about the gathering at French Lick.
Mr.. Taggart, who Is one of the most
hospltable and popular men I'm the
United States, simply invited all the
members OF the national committee
and a few Of his personal friends to
be his guests. or course politics was
talked. When men whose interests~lIe
largely In politics gather together they
naturally talk politics. But It was not
a meeting Of the national committee: It
was not controlled by the friends
of this candidate or the other candi.
date. 1t was simply pleasant social
gathering of men having practically
the same interests at heart, ana out
or 1t much good can come.
] noticed among the bitterly antago
nistlc men" to the candidacy Of Mr.
Blyan--as SO reported by the newspa-
pers-D. ]. Campau Of Detroit and
Norman E. Mnck Of Buffalo. No two
mon In the national committee hayo
been more close to him than these two
and the fact that certain newspapers
display them as participating in an
conference leads me to
Question the accuracy Of Their r,no-ts
There Is Some dlscussion as to wheth.
eT Chairman Taggart called this meet.
l..S with the hope Of clectlng himself
chairman of the national committee
after the next convention. Newspaper
talk OF this sort Is utterly foolish. The
present national committee cannot elect
The chairman of the next national
II Mr.. Chanler of New
York should be nominated for the presi.
dency, nobody would question his right
10 select the chairman of the commit
tee who should conduct his campaign.
Whoever may be nominated will select
The chairman. Nobody knows this bet. |
Ter than Mr.. Taggart, and Tom Tag.
CART, though suffering from the attacks
'f certain newspapers, has been and
VIII be loyal soldier In the cause of
radical al'DemOcracy.
Concerning Platforms.
The New York Sun, which Is agitated |
about Mr.. Bryan's position
second term for the presi. |
lency. says that "the presumption has
llways been that Mr.. Bryan inspired |
md authorized, II he did not actually |
write. the platform on which he made |
iis second campaign for president in
1900" In all essentials the Sun Is |
light. The platform was Inspired by !
dr. Bryan, but not written by him. 1t |
vas written by Colonel Charles IL.
|ones, formerly associated with the |
'ulitzer newspapers. Drafts OF It were
ent to several men interested In the
'endlng campaign. Including Mr.. Bryan
himself. Comparatively few changes
we're made In II until the meeting Of
he committee on resolutions. There
was changed slightly.
Sometimes wonder whether the
light that always comes on over the
platform Is worth while. In 1900 the
on resolutions sat for more