The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-08-22
Does Not Agree With Ex.Gov-
ern0r w. j. Bailey.
MIR. TAFT'S ATTITUDE
Should Not Make Any Differ.
ence in Kansas.
other Items of Politics of In.
terest to Jayhawkers.

with Ex-Governor w. ]. Bailey con-
corning the proper attitude of kansas
Republicans on the proposed guaranty
of bank deposits
| IF L was drafting that Republican
platform for this state" said Governor
Aoch, Il would declare for the bank
deposit guaranty proposition. 1 am
Tor 1t, because l believe 1t is right. If
IT Is right. the Republican party ought
to be for it,
Il can not see why it should make
any difference to the Republican party
OF the state because Mr.. Taft. in a
speech. declared himself against the
guaranty law. That simply repre-
| scented Mr. Taft's personal opinion. 1t
Is not the opinion of the Republican
party. Mr.. Taft has apparently taken
the eastern way of looking at this
guaranty deposit plan. He doesn't
consider 1t from the same standpoint
we do here in Kansas. 1 do not be-
| heVe that he is as we'll qualified to say
what We want as we are ourselves.
| Inc east is opposed to the guarantee
| plan; 1t is inclined to favor the postal
savings scheme. The west wants the
guaranty deposit plan, and doesn't
want postal savings I believe that
the postal savings plan would put ont
or business great majority of the
banks IN this state, provided we did
| not have state deposit guaranty sys-
tenn.
Yet people say that we should not
pass deposit guaranty law because IL
would tend to build up the state
banks That strikes me as a most ab-
surd statement to use as an argument.
| Here the state has adopted a policy
concerning its banking system; we
have banks organized under state
| laws, doing business under the excIu-
sive protection and supervision of the
state government. These state banks
are in competition with national
| banks, and national banks have a de-
cfded advantage Just from the fact
that people imagine that in some
| mysterious way Uncle Sam is standing
back of the national banks and insur-
| ing their stability. And under such
| conditions it is contended by some
that the state ought not pass a guar
anty deposit law because it would
strengthen the state banksI Why
| shouldn't we strengthen our own
banking system? They say it would in
| terfere with the business of national
| banks, and cause them to denation-
| alize and come under state laws. If
that is really the case, it is the strong
| est possible argument in favor of the
state guaranty deposit law. for it
shows that it really makes the depos-
It's OF the people more safe, and bank
| ing a more stable business
| This guaranty deposit plan is GER
tain to come. and I hope it will come
through the Republican party"
The Republican county central
committee of Allen county elected for
| chairman L. L. Northrup an lola
| banker, and passed a resolution de-
claring for the guaranty deposit law.
The resolution said:
| Resolved, BY the Allen County Re-
publican central committee, that it is
| the sense of this committee that the
| people of Allen county largely favor
the passage of law by the legislature
| guaranteeing bank deposits, under
| the supervision of the state"
Several enthusiastic speeches were
made by Republican leaders present in
| favor of the resolution. S. J. Stewart,
| former state senator, said:
| 81 favor this resolution for many
| reasons. One is that I think it good
policy for the Republican party to
show its hand now and let the people
of the state know just where we
| stand on matters of this kind. 1 I'M
derstand also that our candidate for
representative is in favor Of this
measure, but it will give him double
assurance to get an expression of this
kind from this committee now
]. B. Atchison of lola also spoke in
favor of the resolution and said in
part:
II think this resolution is we'll
| timed. 1 want to say to you that we
should work for that which the peo-
pie of our county and state demand.
|
men, We might as we'll take advantage
| of the signs of the times and put in
a word now which will give confidence
| to the people and to the Republican
party. That one word, confidence
planted into the hearts of the people
| will keep the Republican majority in
the future just as 1t has in the past"
The Ellsworth Reporter. of which
| George Huycke is the proprietor, brings
out as candidate for the speakership
Of the house of Representatives, L. H.
Seaver, the Republican nominee in
| Ellsworth county.
Mr.. Seaver served in the 1905, 1908
| and several earlier sessions of the
house, and was one of the most ag-
| gressive members. The Reporter says:
| while 1t may seem rather early to
| discuss the matter of the organization
of the house in the next legislature,
| the Reporter nevertheless desires to ex-
press its preference for speaker Of that
| house and announces itself in favor of
| Hon. L. H. Seaver for that position.
We say this feeling that the election
| of Mr.. Seaver is a foreg6ne conclusion.
Mr.. Seaver has in full all the qualif1ca-
| lions necessary for that important po-
sition. He Is a good parliamentarian,
he has had years of experience in the
legislature, and he is a good lawyer
| Moreover, he is one of the coolest and
| most level-headed men We have ever
known, and he would certainly fill the
place with honor"
Il Marysville Kan, Aug. Pc. R. Full
ton chairman of the Fifth district Re
publican committee, has issued a call
4 peka Tuesday forenoon. August 25.