The Spokane press. [volume] (Spokane, Wash.) 1902-1939, 1907-12-10
No BLAME FOR
ROOSEVELT
AND BANKERS BAN
QUIET AND DISCUSS CUES
TIONS OF IMPORTANCE TO
BUSINESS AND INDUSTRIAL
WORLD,

Optimism for the future founded
on statistics proving Spokane's past
and present prosperity was the pre-
vailing sentiment of the Spokane
Jobbers' association banquet last
evening at Davenport's. Questions
affecting local and general business
conditions were handled by the va
rious speakers clearly and concise
ly, and absolutely without a note in
dicating fear or distrust.
Probably $50 representatives of
leading business interests occupied
seats at the table The most sig
nificant and heartily applauded fea-
ture of the program was w. d. Vim
cents declaration for a another
term for Roosevelt as the surest
remedy for national ills that have
come to the surface. He said that
the president had applied the prin-
ciple of the square deal fearlessly
to national disfigurements, and
whatever disturbing Developments
may have resulted, their cure de-
pended upon a continuance of this
policy.
Mr.. Vincent is cashier of the Old
National bank and spoke as the
representatives, of financial inter-
ests. From that standpoint he
treated the recent trouble as mere
ly a development arising from the
need of Legislative action affecting
currency. He held that the insur-
ing Of national bank deposits by
the government would meet the
need of postal savings banks, but
said that savings banks, under
proper restrictions, might prove a
useful factor in preserving conf
dence and keeping money in unin-
terrupted circulation. Mr.. Vincent
| criticised the possible providing of
means of enabling transient for
eigners to hoard their earnings for
the sole purpose of taking them
back to their homes. and showed
from the postal reports that So
! 900, 600 had been lost to the United
States this year through this drain.
He advocated stricter immigration
laws with the object of sitting i'm
migration to better classes who
come with the intention of becom-
ing permanent citizens.
Pres. A. w. Doland, of the assO-
citation, delivered the opening ad-
dress, quitting the work of the or
ganization as shown by the high
standing it has attained in the
business world. Sec Campbell
spoke along the same lines, sub
hitting extracts from association
records.
The relations of the chamber Of
commerce to the jobbing interests
were presented by F. e. Goodall
! president of the former organiZa
ton. He dwelt on the reciprocal
system of effort and harmony exist
ing, and pointed out the part of the
chamber has had in the upbilding
of the city. Where the chamber
six years ago had but 60 members
it now numbers nearly 700 in good
standing. The first president OF
the jobbers' organization, ]. NJ
| Comstock, devoted himself to the
| industrial progress Of Spokane and
| the rate question. From the cham
Der of commerce he had procured
| figures showing an increase rang
ing from to 40 per cent in indus
tries, including capital invested
wage earnings and output, since
| 1900.
He pointed out Spokane's splen
did growth in spite of transporta
tion handicaps and argued that the
| transportation interests were en-
titled to all the encouragement that
! could be fairly given them