The Birmingham age-herald., 1908-08-28
KANSAS REPUBLICANS ACT DIRECTLY AGAINST
 THEIR PARTY TICKET
Bryan sho:5 That Action of State Republican Convention Is Con- trary To Expressed Views
 of the Heads of the
 National Ticket.

Topeka Kan. August 27.-Before an audience which filled the auditorium to oVerhowing, W. J. Bryan, democratic candidate for President. tonight spoke on the subject of guaranty of bank deposits. Previously he had delivered three other addresses, two from the yer anda of the hotel and the third at Garfield park, where he attended pro- cession by the Knights of Pythias. his latter theme being Fraternity"
 The democratic candidate and his partv arrived here at 1 o'clock and were at once taken in hand by the reception com mittee composed of leading democrats of the city and state A great crowd greeted MT. Bryan at the station and at the hotel.
 As announced by him before his de. parture from Kansas City Mir Bryan. In view of the action of the Kansas re- publican state convention, which indorsed the guaranty of deposit proposition. made some remarks supplementary to his pre- pared speech on the subject He took up the advantages of the guaranty sys- tenn and then answered the objections made to 1t by MT. Taft and others He began by asking why the depositor should be left unsecured when the national. pov- erhment demanded security of any hank which it deposited money. He pointed out that the choice was between tho postal savings bank and the guaranty bank, and accused MT. Taft of fayornr an unnecessary extention of the sphere of government in advocating the postal say lngs bank instead of the guaranty bank MT Bryan declared that he preferred the guaranty bank proposition which would allow the banks to attend to the banking business and yet compel them to give their depositors necessary secur- ity.
 Bankers Want Reform. Upon the conclusion of his prepared speech, MT. Bryan said
 "I asked MT. Bredenthal A banker of Kansas City, to make inquiry among ] the bankers of Kansas and ask what proportion of them favored the guaranty law l learned that of the banks that had expressed themselves on this sub Ject about three-fourths of them favor- ed a guaranty law and one-fourth on- posed it. That is an excellent show,ng Among the depostors there Is no on,o- sition at all and it is evident that tha Kansas bankers recognize, first. that something must be done and, second that the guaranteed bank is better than the postal savings bank I also inouired of Governor Haskell in regard to the num- Der of national banks which have sur- rendered oh,
 banks in order to have the benefits of tha suarahty system have a telegram rom nm saying that four national banks nave already made the change and ara operating under the state bank laws and that l6 other national banks have an piled for state charters. This is concI,, sive proof that the Oklahoma law is a success. national charter is s,,nnosad to have some advantages over the state charter and the benefits of the e,1arartv law must be admitted when 20 nationaI banks will in a short time change iron, the national system to the state system In order to give their depositors a ra oress furnished by the guaranty svs- tenn.
 Against MT. Taft.
 Since the preparation of my sneech m this question the republicans of Kansas nave held convention and adopted a state platform The plank on the guar tany Of banks is recognition of the necessity for security, but the plank Ia so worded as to be practically useless so Tar as the protection of the people is concerned. The republicans propose to enable the state banks to ''mutuallv and voluntarily guarantee deposits But that Is not enough. Suppose that the banks mutually agreed not to do 1t. Must the depositor be left unsecured?
 The Kansas republican platform also requires the republican candidates for congress and the United States senator to favor law enabling a national bank to participate in the proposed mutual and voluntary system. But what chance Ia there Of securing such a law when the republican national convention refuses to pay any attention to the subject and when the republican candidate opposed the whole scheme of the guaranty His denunciation of the guaranty Is so sweeping that no dislnterested person can believe for a minute that he will either encourage or permit a law favoring na- tional banks to participate in the state system. What the people need is a sys- tenn whereby both state banks and na- tional banks will be compelled to guar antee depostors, and only a democratic victory secure this reform. With democratic president and a democratic congress 1t will be easy to secure the adoption of a system which will mako both state and national banks secure.
 Treason To Party.
 And. speaking of platforms I am glad to call attention to the fact that the re- publican platform. adopted in Kansas in dorses the democratic national platform on two important questions. First it favors the election of senators by direct vote, a reform which the republican nA-
 
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