The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1908-10-29

tell you that nine-tenths Of it Is fur
nished by the individual dcpOstOrS
Then ask him if these individual de-
positors are secured and he will say
oh. 10. they are not insured; they get
no security or guarantee.
Is that fair? Is 1t the correct prin.
ciple. Is Ii the wisest policy? Mr.
Bryan says no, the Democratic part
says no. Every panic that happens
every money scare that ocCurs-erer7
frightened dollar that's in hiding
every uneasy depositor-they all.
acclaim that Is loud and growing
louder, say that it is neither a corrs&
principle or a wise policy. Ever
clearing house certificate and ever
cashiers check that went out upon
the financial furry year ago was
warning that neither the principle
the policy is safe, sound or las'
Every declaration on the part ot M
Taft or any of the Republican Leaders
in favor of postal savings bank OF
other government method Of currency
concentration is a warning to bushes
men, financiers and the people even
where that this diseased spot in oBi
financial system must have safe ah1
effective treatment. il q steady nov
of our currency into Wall street ana
And what's the matter with the
method proposed by the Democrats
party? It is practically the same
cooperative principle that the ID.
surance company adopts to enable
to pay the loss sustained by the 5ufn'
ing of the bank building, or the DEAN
of the banker whose life Is Insurer
It's the same principle upon whea
the State raises a fund for the bulie'
ing of schools and educating the Gnu
dren, weak and strong alike witno-I
discrimination. Do away with tss
principle of taxing the strong ior ,hS
benefit of the weak and you w9ud as,
stroy our system of goverrm nt' Doa'
State and national.
But Mr.. Taft says 1t is . Tild-cas
| proposition. He did not say mat UNI
he got close to New York. Out u
Kansas and the Dakotas where DE
party has adopted the plan in me-.
State platforms. he SAID n"tn-hs
about it being a wildcat pr IositoL
| Out in Oklahoma, where til plan :
in successful operation anC &imys,
| universally endorsed by his u"1 p2fN
! and where only one out OF tie hlA
| dred and twenty banks hat- ia4sa
| since the plan went into Opera'i0n' ..
would not think OF saying "nytnlls
| about II being wildcat ~. 7iuo-
! IF he did the first bankcr d. ~.
/ would tell him that between t.. qs,
of February IL and July Is tn ihl.
Vidual deposits in the secur. JAMS
In Oklahoma Increased nor" US
s4,6o6.0e0 while there was tscTe'
in the unsecured banks of NOR" thsL
million dollars. This Oklahona oa[A,
or, whether Democrat p
publican. would tell him that .-,Ss'F:
the dates of July %. and or''2ei'. ~.
of this year, Just 20 DAYS. i",s1
| standing the continuance Of n =.
publican panic the individua' pys,s
in the protected banks in OK. ) ~
increased over three million elk r..
dred thousand dollars The pH.,
| homa bankers, merchants. COZ M,
and men of all dealings woult +. . -. 80.
that there were no frighten,, " 5.i-s.
or even dimes in Oklahoma -.-- =
instead Of the money FLOWN "a.
Oklahoma into the money cent?. n
1t is rapidly flowing into Okla 70
secure the protection furnish u ~
plan which Mr.. Taft says IN :.
gets near Washington or New J - nd
q wildcat scheme. But Nr. ! az re
some OF his sympathizers say tEdI,
plan would invite into the ;'ai ,;,5rzt
business unreliable, unsafe ano 20
banks and bankers. which l. ori
lent to saving that the nat:oHt %
State administrations ara Gy-hs the
have no more sense than to 60 my nj
business of chartsring. iegallzA.s d,
turning loose upon the public .o1b!s
Wild. unreliable and irresp Is
banks and bankers. MI Taft ai. .e,o.er.
party if they are kept In hl.
| might do THIS. but Mr.. Bryan anu
| party never would. ,.rr.
F. B. ARENpEi-h