The Boise citizen. (Boise, Idaho) 1906-1910, 1908-04-24
GUARANTEED DEPOSITS
POPULAR idea ADVANCED BY BRYAN TO PREVENT
PANICS In FUTURE


greatly impressed with the popularity of the guaranteed
deposit plan Following from article written by
Mr. Weman and printed in issue of the RecordHerad
What have the Republicans offer the country offset
this plank of winning votes? The Aldch bil
any consideration of the parties in the coming
struggle the these highly facts
overlooked At the present time the Republican
little conception of the significance of this They
realize the advantage which advocacy of deposit guarantee is
give the Democracy But they will realize before the
campaign they fail provide adequate offset either
by legislation by like declaration in their PLATFORM they
will regret it before election day November.
M Bryan did hrewder thing his life than when he
fled upon the suggestion of compulsory insurance and
deposits National banks The leaders of the Republican
party Washington may go with their heads the sand the
big the little bankers gain the advantage
of equal security poopooh much they like the historians
may point that the idea original with Mr. Bryan; the
theorists what they choose to call soclalsc PROPOSE
These things do change the facts And the facts that
deposit and guarantee under the supervision of the Govern
naent expense the banks their has taken
deep upon pubca hold deep that if political
the other does the first gains distinct and
b decisive advantage the coming campaign And Mr. Bryan
enough make that his associated with
the idea
here things the people of the country everywhere are
talking about The panic and of preventing more
pancs the making of President of the United States
What statesman politician leader has brought forth idea that
inks the two the opinion of the people,
Mr. Bryan and Mr. Bryan alone Call clever adaptation OF an
mans ide imitation plagiarism what you choose
that Mr. Bryan has filed caveat The people are
willing to give patent stands before the country the
Bryan Many other have advocated the thing much
ably than Mr. Bryan conspicuous them being Mr. Reve
Chicago Some indeed advocated before Mr. Bryan did But
Bryan gave life and vogue and caught the attention OF
the country with it.
at most delightful and ovable the late John Hay used
to tell me little story friend of his who put it,
a" dosen make much diff renee what it
does whar he set when he says it.
"r BRYAN right place And he said what the majority
of the people believe is the right thing
"Then panic along 1t shocked men into thought
filed the country with thinkers students all convinced such disasters
were preventae being prevenab they somehow be
prevented how? By what means? Most people thought
ya to be done by kind of emergency currency But
who put his finger right spo Who forward with the
suggestion which struck hardheaded everyday sensible Amer
can people the one thing would do m None other than this
visionary Mr. Bryan.
o matter where Mr. Bryan got the idea matter in what part
cua form men think should be worked out in practice the
fact remains principle has taken deep hold upon the country
and that Bryan has eternay linked his with He sat IN the
right place He spoke the right time the psychological moment
It was inspiration 1t vastly improved Mr. Bryan chances
to win the Presidency and how much has improved them VIII be
more apparent the months roll along than 1t at the present
m anyone this principle of deposit insurance has taken
Of the country he should travel through dozen states as
have done should talk with from all walks OF HE he
should read the correspondence on this and kindred SUBJECTS
has poured in upon the press like myself who have taken
the lead in irving express the thought OF the pe
thought today which points the the legislation OF tomorrow
The people have perceived that the trouble with the present banking
system is the isolation of the units the facility with which commence
dsoves once has begun the magic way IN which
overrns the country They have perceived ha
the Government having compelled the banks to make absolutely a1e
system that represented by the circulating me
dm or money should compel the banks to make aDote
safe e remaining tweneth represented by the deposits
They have perceived Government compes safety OF note issues
through the maintenance of guarantee fund Washington SO
Should compel safety book credits by the maintenance OF guara