Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-21

ferest after Tho pngspge nf I'M. bln
| ibat bofn,,a ,rte bsnant t. moi ar.rld
ia New York eIone nor to tbe anst
oIonr trtah or any WESTON, ar snutb-
| rru state. Womb oninv N to fuilv as
ftoat nr axtont III fbe bandhniders
,vould prntit IN The cnhnnccd ynluc OF
bonds ALREADY issued thejr rain Would
bc tnupora,.,, ana nj nohody's pypenNa
| nh, rrrn,nnent yfin which ,tot,tJ er
also m nobody,s cxpense would be
distributcd nnlong tho pe0ple of any
state. county, on city that found 1t adj
matte, of fact mere h nore taii, than
ANYTHING else Ibou, this gain In the ci,-
hnnrrd Price ori hands Xybnteyel gain
thorr rni,,ht IA. .,,-nt,id uItitnntrt, hp a.
,',isd nnono tbo nconle nr narrowing
| cnr,,r,,nitiea b,,t tbere vportd he lfttlo
inrrenso ip he value of bonds Tines,
i,nnds ,vo,,ld mn h. convnriihle into
u,,ir f,,,e ,,al,,, u, ,,,,,e, tbfn,rb thr
ssg,,,, ,,e r,,to ~ ,r. irrited St,trs
| i,ord, ,rhe,, ,,,,,td NOT 10 'sonvrrtihIo
irtn nance atsaII evrauf in cnse of
| c,,,o,panr,,. mon tbo,,' |,vouid he com
,,n,.,iII, ',,,,l,, int, oo NOV, rcnt az thei,.
TO-, ,,sI,,a a,,f "a, 4, a n,o,,.,, tbat
,,,ontd he t,Sed ,,c,. cant ~ n mo-
cotton ayninst e,,,crcanr, those hnnds
,,.e,,Ia t, - e,cc1 in,,,,s,t,,,crt NM no ono
,,o,,l6 INV = Observation-Disclosures boud with
thn idao mo, 10 ,,',,,,ld ,,et san a (.eor
-, A. -, a,,,,,'',, !, I'M conn ~ ,,,r,,.,,
i a..t. ID
~ 49, v ~ "Yu'N -" ~ ''''
-, s,, ,.,,, i,,,i,,io,
,.1,,I, 1,o ~, n, - ,ositto, ia got ~
,,,,,ct, az Il 49, no nrn,,isiors ~ The
ie,,' villa ,,,r,,,t, ma ~ t,at WOW, mt
70" p', ., ~ - -, 49,, ,>,,1d
shyuSh "'i' N lSls',p'' iis ''s' .ii N.Y., ~
In Tho ro,,,r,o,, dnsonse M, hank nj
-. 49,, ,'',, -. i,i1 49,, ~,
a.. ~, Ia ~, 10
80, 49, -,
NO INNOVATION.
,,
but u IL Salu tile spNHiillS'' e'lopt"
issue ms honey niveeliS 1ilu No. .n,,Ia
So li.iS poHsi ~ ~ 80 ,,' ,,c,,,e,
delegate 10 lhe pa'Ns no NV l,o"Ss'
IL mas aIre"uy M us''i 30 NJ
WIZ WI. wy ,uH1i ~ inyo,,otin,, i,
Viii,so N'u,u ~ ~ 49, atti 7,
Nou,u pI oiil3 o M, ~, -, 20 h,.,,,i
NNu .. oi'S V.','i - li ~, iss,,,d r.
Oh Mhicl niol'eS euu,u ~, So, hon,
ihe governments lsS"Vu wv - III
Would II get II oui lhIors 81, w uo,iS
payIemt OF us opiisallo,tS Ia W. w.,
pc shehlhs my Noous, ~ nv" ~, -, ~,
siioo,ihs |t l"s ,,r,rai l.i,.,.,,iatio1
Woulu =" hnto w q -, ~, >
WHero IL was iot "SSNNN' - ~, ~,
go Where IL Wou'u pe $500 ~, e, ,,',,i,i
the money 10 Tue piace VI ii'eu - 49, 49,
DC necessary 10 leuu ~ W ~ ~"
heedlng u wei MIL ',, Mo w, ,p,,,,,
ulilerehce pe' ,,.. ~ w. IL, i,a1, 80
at per cent interest 20 t ny o I'm 30
cured by such ponas a. mn ut'' ~,
poses anu Perihlttinb Wv p",M ~
giving the same security 10 lssut '''S
DIS ltseif ana pay Oh w" "
per cent MI, iies.ues''' ~ I,,.'',
tthueu th7l tIe soN i'''9l 81,
certainly II stule' Vvu"l ~, w. wy.
bonds should between Ilie Set.Iis - ~.
.ile Isis ~ Ia; t,a,na or rail,o,,o
9 6rst -n,n ,r honds lose more thaD
one-fourth OF theirs in the same time
the government Would then pe ulredt
ened with loss. II would ohlE nG
Threatened. for II could not loSe ui't'i
all the resources OF the panh nav pe
come exhausted, No one tNet hs MO 80, -
such change in state county OF llu
nicipal bonds as would WIPE our one
tenth of their value before tney couiu
be SOLD 50 tne i1eu llaS oe ISL. ~,
not as improbable, not as lmposslple'
but as lnconceNapic' ~ we iie '.S.',
ceivable should become the real Wiat
then? tax of tnhr-htths OF per cen.
$ on the deposits nelu III tle 'ati e,
t. banks in 1907 would nave ralseu q iuiu
t, more than sufficient TO pay an tue loss
: es TO depositors oceasloIied py lh,' , W
g national banks since tne nat'o"ai JAIN
e ing system has been IN force. IAN
= OF cents on the 500 deposits Woulu
n pay the average year 5 loSseS--d post-
it | age stamp put on letter containing
ii a hundred dollar check
:, If we stop mere. we VIII ieaNf the
: subject with an eNagserateu rue" vi
II the risk. for the object OF TINS Dlil Is 10
d decrease risk OF loss ny Iallure o.
/, banks, and II it only teebly accom-
q plishes IFS purpose IL Woulu CUT ms
# risk in half and reduce the deh9lllila
$ ton of the stamp representlne ttie !oS,'
r on hundred dollars from Genus ~
r cent.
q NO POSSIBILITY OF LOSS
f 1,,.,,,.. 90 ,ag,
: There Woulu ne no posS,ph'ty ~ go, .Ua
n on these bonus eNcept W .mai r. :
q Whicn woulu suuuehiS Mpo ~. ,he
margin or ~ Oh % pei III Ia; M 49,,
Il case might DC, loI ,ne +N'ul leii ~, ~,
d powers tne treasufer 70 rg ,,..a M
II seculities' III :, 80 shrir1, :
: age of values should render this neees-
q sary, .,,s,.t ,,t,,t, , Great dsfoct
# HiI. ,,Iui So,,. in Sorc. ~
y ~ olr pa'im'ns t',',ro,neTts as 70 ma
q louiiu )" ~ ,,eti, h, nstionai hanks
IusetS "a =" ~ ~" -. ,rhnea hanks
ou's'us W 80 -, ~, q rosat,,e eo,tal
ar 'e l'.l, 70 fi'at. doposits h,,t ave
10 10 ~ -, ps ,hreerGftbs oT this
pe'i, ,.,it +" ho1,s af t,oeo,t.e or cen.
!, Oh u'i s5,',. - i';ns ;rbis ien,ns mic
:. VA 80. 49,, ~ ,a,, centLonlv 4
> 1No-hi VIC " - ~ II ,,t,' a.,