Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1908-07-18
HASTINGS
Statement

Continued From Page One.)
Savings bank $4,000 and with the
Capital State bank, $500, and the
Boise City National and Bank of
Commerce honored these checks and
paid to the Idaho Trust and Savings
bank and the Capital State bank.
$4,000 before the checks l had de-
POSTED had left their bank.
Permit me to say furthermore
that since January Is the Boise City
at'onal bank and the Bank of Com
merce have furnished me with
100000 in cash and not one cent
has it cost the state of Idaho for
that huge amount Of money, and
many and many a time have they
advanced me the cash by the thou
sands of dollars before they have
ever collected check and before
the check, in a great many in
stances, had ever left their bank
This money has heen shipped in at
great expense of $3.50 to SO per
$1,000 a great many times. and, in
feet, on January l of this year the
Bank Of Commerce paid s. per
$1,000 premium to get the gold to
pay the interest on the state bonds
IL this city and never charged the
state one cent for it. l have beea
accused of CARRYING hundreds of
thousands of dollars, especially last
f"ll and aarly winter, in these two
Boise banks. Permit me to state
that this is absolutely false The
Boise City National bank, during
the Early December, never had to
exceed $4,000, and at one time and
for number of DAYS. their deposit
was not to exceed $4,000, yet at that
time there were men who stated
that l bad 100000 in that bank.
The conditions in the Bank of Com
merce were just about the same.
am accused, Furthermore. of not
keepinp money enough. as they
quote the law, IN my safe. The law
provides that the Permanent Educa-
tional, Public School or University
Land funds shall be kept in the
safe, and l will leave it to any sane
man If one could call the Peniten-
t:ary or the Soldiers Home or a pub
lie building an educational institu-
ton. have never construed the
law in this way. and the money be-
longing to these funds is deposited
in the "a banks with which we are
doing business today.
Furthermore, I am accused of IA
vorit'sm. When I came into this
Office there were 80 banks that we
were doing business with and there
are "a today. Does that look like
favoritism? There has never been
q single bank that I have turned
down, provided they furnished the
bends as bv law required III one
of Idaho. Boise. brought into this
ONCE 100000 OF the City OF Boise
navine district bonds. In the body
OF that bond it saws: "And this is
not a liability of the CITY of Boise"
The law provides that we can take
a. security for state deposit
United States bonds, state bonds or
warrants, county, city or school
bonds. AS said before. this bond
is not a city bond, and was turned
down in this Office and also turned
down in the attorney-general's Of
fee. We did not pass upon the le-
gality of the bond at all, as it was
none of our affair. We simply pass
ed upon this one question that the
security as presented to us did not
conform with the Idaho laws. There
has been no other case that l have
ever refused to make a deposit, and
stand ready and wiling at all
times to let each and every bank
have it's proportionate share of the
state funds as long as they comply
with our laws.
You might ask, do l set myself
up to pass upon the laws of the
State of Idaho and usurp the func-
lions of the supreme court, and
whether I am a believer of the laws.
will state that was born in Mas
sachusetts. and the children there
are taught strict obedience to the
laws. ! have endeavored all my life
70 conform with the laws in the
various states where I have resided,
and | do not set myself up as the
Judge to pass on laws, but when l
find on certain questions that there
is absolutely no law for certain
transactions. or where l. find that
the strictest technical legal inter-
probation of that law would involve
and injure and destroy the credit
and the faith and the integrity of
our state and it's inhabitants there
of. then ! propose to use little
common sense and do that which is
right and just and fair, even though
7 should violate the law in its abso-
lutely strictest sense, and ] believe ]
am perfectly justifiable. and I do
not believe that any jury would find
me guilty of any crime in paying
lie