The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-01-23
CHANDLER REPLIES.
The Banker Gives Out Interview Re-
plying to Governor.

C. Q. Chandler to whom Governor
Hoch replied in communication in this
paper recently, has given out In writ
ing the following interview:
Replying to Governor Hoch's arti-
Gle in the State Journal of Tuesday
evening. I would like to call the COVER
nor's attention to the fact that he fall
ed to answer the very first arraign-
ment in my interview, that he. the
governor of the state of Kansas has
grossly misrepresented the banking
fraternity of the state of Kansas. For
weeks prior to calling the special ses-
sion he gave 1t out in the newspapers
that there was a great demand from
the bankers along the border line Of
Oklahoma calling for special session
of the legislature and that something
be done to protect them against the
Oklahoma guarantee deposit law.
I'm my interview 1 gave specifically
the number Of bankers all along the
border, that were and always have
been opposed to any guarantee law
and the only answer to this charge is
that one banker at Liberal has signed
a petition. 1 want to reiterate that
from Cowley county. where the COVER
nor claims the great demand was from
that out of twelve banks in the county,
that only three are for the guarantee
law; that there is no stampede of the
bankers along the southern border of
Kansas Not all the bankers on the
northern border of Oklahoma were
clamoring for a law. I refer to a let
ter from c. A. Eastman, cashier of
Santa Fe bank of which the following
The Bank Of Santa Fe,
'Nswkirk, Okla, Jan. II, 1908.
w. E. Wilcox, Esq, Cashier, Arkansas
City, Kansas.
18th received. Yes, you bet your life
we are Matchmaking. Sent in our ap-
plication on the 9Th Of this month,
and the title is 1.-THE Eastman National
Ter on the 11th. We are making out
the conversion papers now; expect to
be doing business under a national
charter in about fifteen days.
This guaranty fund proposition, will
not only ruin the banking business, if
continued, but will in time produce
panic, which will make the late
trouble look like thirty cents. No,
we would not stand for it under state
banking, and If it is extended to the
national, we will simply quit the bust
ness. 1 understand that some of your
state banks are afraid the State bank
at Newkirk will get all of their de-
posits It is quite amusing when we
are Matchmaking to keep from getting
them. Very truly yours,
&C. A. EASTMAN, Cashier
'The bank of Santa Fe is the largest
state bank in Kay county and one of
| the largest state banks IN the state OF
| Oklahoma.
1.-The governor makes a great talk
about the twenty-one gentlemen who
| were present at the meeting of the
| bankers executive council of the Kan
sas Bankers association and wants to
! know how twenty-one bankers can
represent one hundred and seventeen
banks. If the governor would step into
| the Office of the bank commissioner he
could soon find out how twenty one
gentlemen could be stockh olders in
| one hundred and seventeen banks and
that these gentlemen holding stock
| would not be violators of any of the
| laws of the state of Kansas nor of the
| constitution of the state of Kansas.
THE governor says that in his judg-
| ment when we get really ideal bank
! ing laws that I would not be able to
| own stock in twelve banks and that he
| thinks conservative bankers of the
state of Kansas will agree. with him.
Possibly the governor has been inter-
viewing Mr.. MARCEL on this subjec.
whome he has recently pardoned out
| for wrecking a bank. and who could
! go back in the banking business if the
| governors pet schemes should become