The silver state news. [volume] (Winnemucca, Nev.) 1907-1909, 1908-08-25

party in the coming political contest
is eminently the mast fitting that
could be made. Mr.. Taft s long, capa.
BILE and forceful administration of
important public affairs, and his pro-
gressive and Independent policies as
sure the American people Of anothet
era of progress and prosperity. The
exalted standard of public integrity
with which. the names Of Lincoln and
Roosevelt ore synonymous, will be per
petuated in the administration Of Mr..
Taft and Mr.. Sherman.
Important State Issues.
We recommend the enactment of a
state railroad rate law, and the vigor-
GUS enforcement Of the rights of ship
pers and passengers. And we further
demand that terminal freight rates be
established for Nevada.
We advocate such changes in our
general laws, and particularly in our
practice acts, as will expedite the ad-
ministration of justice.
We pledge our representatives in
congress to use every effort to secure
the re-opening Of the United States
mint at Carson City for the coinage Of
money.
We favor a constitutional amend
ment providing for the election of
United States senators by direct vote
of the people.
We believe in the eight hour day for
labor, and the highest wages industry
may pay and be successful. We be-
lieve in the compulsory protection Of
the health, life and limb of employees,
and in arbitration as the best mean Of
settling difficulties arising out of labor
controversies.
We favor the passage of some mea.
sure to more rigidly protect the pur-
chasers of mining shares from fraudu-
lent misrepresentation.
We are proud of our national irri-
cation system, which was fathered by
a Republican administration and put
into working operation under its guild
ance. We pledge every support and
cooperation to make this system a
complete success within the boundaries
of our state.
Banking Laws.
The Republican party of this state
condoles with the citizens of Nevada,
whose thousands of dollars found en-
placement in tottering banks and I'M
sound financial institutions. made
quate though the law nay be, conscl-
e%ntious, efficient and vigorous enforce
ment of the so-called banking act by
the Nevada Democratic administration
would have projected the confiding and
innocent depositor, and saved for him
his daily earnings and lifetime saw
ings. The function of a bank commits
sioner and bank examiner, as pre-
scribed by substantive law, is to in
vestigate and report before financial
disaster, with a view to avoiding and
preventing it, and not to report upon
bank wreeking and ruins after the
crash has come Fearless and faithful
investigation of the banks of this
state by public officials, sworn to do
their duty; an honest desire to pro-
tect the people as well as the banker,
to shield the innocent deposition from
careless, rash and unbusiness-like
banking methods, would have turned
a maelstrom of disaster into channels
of protection and security. We favor
imperative and radical changes in the
banking laws of this state. Safe bank
reserves should be insisted upon; pre-.
scribed conservatism of loans should
be demanded, and every legislative
and administrative device consistent
with business banking and absolute