The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1907-11-16
Caldwell BANKS
STAND PAT

~ u 4 "a w
Below we quote an article from
the Nampa Leader-Herald ON the a.
nancial condition OF the Caldwell
banks that Is absolutely untrue. The
business houses of Nampa, Boise.
Weiser, Payette and several other
small towns, have felt resentful to-
ward Caldwell because our banks
have and are today paying dollar for
dollar. We DO not blame Nampa for
feeling bad. and yet the three banks
of Caldwell are entitled to full cred
1t for the honest, upright stand they
have taken. They are safe and
sound. They enjoy the confidence OF
the people of Idaho as no other In
situations of the same kind do. They
are not and do not intend Issuing
cashiers certificates. They have the
money and are not afraid to let 1t
go, secure as they are in the conf
dence of the people. The article in
the Leader-Herald Is based on tel
ephone message to the First National
| Bank of Caldwell. A Nampa mer-
chant asked the First National If
certain mans check was good for
| CASH. Mr.. Smell, the cashier, In
forms us that the First National Is
| doing as it has always done-that is,
paying the checks when presented.
| He said that he, as all other sensible
bankers, are trying to persuade peo-
| pie from withdrawing their money
from the banks. However, the First
| National is paying cash when deman-
ded. He so informed the Nampa. bus
mess man. Mr.. ID. D. Campbell.
president of the Western National
Bank said:
I'VE are not issuing cashiers
checks Or any other kind of script
We are paying dollar for dollar. We
received no telephone or any other
kind of message from Nampa OF. any
where else as to the question You
may say the Western National Is pay
ing the checks drawn on the bank II
! cash, when demanded"
/ Mr.. Edward Plowhead, cashier 'o
the Caldewl Banking & Trust Co.
said to the Tribune:
1--WE are not issuing cashiers
checks or certificates or anything els'
except cash We have paid ever!
check and will continue to do so. W.
will maintain the policy adopted b.
the Caldwell banks
In view of these statements tn
r following from the Nampa Leader
Herald is absolutely unfair and dis
honest: The Nampa paper says:
Ever since it became necessary
: as a precautionary measure, for tn
banks in Idaho, and for that matte
y in nearly every town and city In tn
7 United States, to restrict withdrawal
n of cash. it has been the constaI
: boast of our neighbor. Caldwell, this
4 its banks were so strong and enjoye
I the confidence of the people in sue
!. large measure, that they stood in
!, class all bv themselves and were col
4 tinuing to pay cash on all checl
= presented. Saturday afternoon or
% of our business houses was offered
n check for $3.50 on one of the Cal,
n well banks, but before accepting Il
. check called up the Caldwell bar
"A by phone. and was panied to leal
:. that the boast was bluff. The bar
10 promptly replied that 1t would n
r. cash the check, though 1t was draw
10 by a man who had deposit with t
o. bank. The same afternoon one
10 our banks was offered check I
10 $500. on Caldwell bank, and
ma telephone message brought the sar
of reply as the merchant had receive
This Is not said with any thought
rejecting upon the credit and stan
ing of the Caldwell banks. TIL
" are we'll known to be strong a
- thoroughly sound financial instit
:" tions. but they have no right. and
10 papers have no right to claim
~ them more than the facts warrant.
m : =
,st Al LITTLE NERVE.