The Mena weekly star., 1908-09-10
HAL |. NORWOOD
 TALKS ATFT.SMIT
r.vors Guarantee of Bank Deposits and Raps the Republican Party for Shortcomings in National
 Affairs.

and Kern Club held us Hrst meet inc last night in the circuit court room and had for its guest and principal speaker Hon. Hal L. Norwood of Meua, who delivered an eloouent and logical address.
 After experimenting Sebastian county for it's splendid Democratic celebrities in past elections, in saite of the fact that 1t is the home of all the ex-Republican congressional candidates for the nast quarter of century, and ex- pressing hs appreciation for the tarye vote given him in the pri- mary. tIr. Norwood took up his discussion of the national issues first. charging that the ''pie-eat- ersn nominated Taft, while when the Democratic convention came m. { .OOO, GOO Democrats instruct ,vely turned toward FairvieW, where resides the best known and most disting guished American, the most illustrious private citizen of the world, and declared that D. mocracy's great standard shall again be carried by Bryan.
 MT. Norwood severely arraign- ed the Republican party for its currency legislation, and drew the following comparison on re- cent pauics:
 "The Democratic party has not been in control of the execu- tive and legislative departments of the government but one time n fuy years d then only for snort time.
 "When Mir. Cleveland's first term as president expired on March 1, 1889, there was a net balance in the treasury Sl65. o46,- All 10 exciu i've of the gold re- serve. On he first day oi March. 1893, wh q Harrison's term exptr-  ca ouc iaad was ag ip in- augutateo as president, the net balance in the treasury was only SPA, 0s4.742. 28 exclusive of the gold reserve.
 Cleveland found depleted treasury which was the heritage of the previous epubllcan ad- mIuistrator, and was therefore forced to borrow money to meet ne expenses If the government. fpe k u iicaus bad hysterics " hr lata oi issuiug bonds IF tn ot ! acs They charged q tDe usxt cam aign that the Democrats were incapable ut ad- miusteriug the government and
 wsS a long time before # be
 me gene ally known tbat the k pu3 ican secretary of the treas ury had on February 20, 1893, in-
 uc,ed the chief of the bureau of engraving and printing to pre- pare the design for the bonds which were afterwards issued and for which the Cleveland adminis- lration was censured.
 What have the Republicans say now when they have had uninterrupted control of the ex- ecuuve office and both houses of congress for ten years and issued bonds during period of uniyer- sal peace, and these bonds issued at time when $200, 100000 of lhis governments money was on iepoSit m New York banks?
 Guarantee of Bank Deposits.
 IT should levy a small assess. meut on the banks and then guarantee all bank depositors against loss. Taen when a few men for their own selfish pur- pose undertake to cause a strin- Fncy m money matters, people VIII not rush to the banks and withdraw their deposits and thereby cause panic. Conf deuce IS all that is needed. The Democratic party would have the law sa that the state banks could receive the benefit uf the national guaranty law aud permit national eanks to receive the protection of 'ne state laws.
 "Fhe Democratic party says that l anct d law cauuot be passed then Y iav0rs Postal Savings Bank