Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1908-01-30
Many and Varied Are the Panacess
offered by Those Consulted.
DEPOSIT GUARANTY POPULAR
Not Unanimous, However, Even on
This Proposition.
READY FOR THE THOMAS REPORT
People In n Position 60 Know say
InvestiEatiOn Resulted In HE
Favor and Non,InsUon Is
Expected This Week.
From a staff Correspondent !

WASHINGTON. n. c.. Jan. ca.-(Specia
Telegram. )-Sevcral weeks ago Senate.
Brown, in order to ascertain the sentiment
upon the Aldrich and Fowler bills two
measures of currency legislation which
seem to be regarded as representative o.
the sentiment Of the bodies IN which they
were introduced called upon the commrcia.
clubs Of Nebraska for an opinion tha'
might guide him In approaching currenc,
legislation Not one friend OF n bond 70.
cured currency has written the senator sn6
many have written I'm opposition. From
letters received the Fowler bill is looked
upon with more favor than the Aldrich bin
but even its friends are few and far be.
tween.
A general approval OF a plan for guar.
anteeing deposits IN national banks IL
shown in these letters from commercial
clubs of the state, but quite a decided on.
position has also sprung up to this plan
Some Of the clubs have gone SO far as IL
declare that there is no need Of financial
legislation at this time It IL interestina
in these letters to note the point of view
OF the writer's. particularly as TO their IN.
dividual thoughts, made up, ms In several
cases. of many thoughts. to express a com.
munity judgment
Secretary Bratton of the Hastings ,;ut
says: 81 am satisfied that our people gen.
orally desire prudent safeguards for banl
deposits, some safe emergency currency
and such measures for bank inspection and
examination as will promote safe and san,
banking"
Postal savings n Remedy.
The Grand island club at special SOS
sion neither approved the AIdrich no,
Fowler bill while the proposition for
guarantee fund 20 insure the safety ol
I huF
either Of the financial measures secre.
tary A. F. Buechlcr says IN his lettor to
Senator Brown that a postal bank would
bring out of hiding the funds needed 10
prevent a recurrence OF money famine.
The secretary Of the Beatrice club NJ
r. Shultz' finds the bankers and bushes,
mon evenly divided upon guarantee de-
lposit proposition. "TersonaHe' he rsys
II am in favor OF some mantle of pretoc-
ton being thrown about the deposltor and
am not fully converted TO the theory that
such provision viii tend to reduce sound.
conservative banks to the level Of weak,
reckless ones is contcndcd
The Red Cloud club through It's score
tary c. c. Teal, reports unanimously IN
favor Of national well as a state Law
whereby depositors are protected against
| loss.
! r. s. Rising Of the Ainsworth club he
leves the Aldrich bin would not have env
effect In Nebraska aud gives II as his
opinion that the business men Of his CITY
are In favor of an emergency circulation
as proposed by the American Bankers
association.
! President c. S. Darr of the Lexington
club finds no demand for financial legls-
lation among his members but suggests
that an emergency currency. available in
times Of money famine. would be accent
able
The Greeley club, through lts secre-
tary, ]. w. schwcer, fayers an elastic
| currency and government guarantee Of
deposits In national banks.
Better Inspection Needed.
A. H. Krauss Of the Blue Springs club
believes that more careful inspection OF
banks and more rigid enforcement Of the
present national banking laws would bring
about happier conditions He is opposed
to government guarantee of bank de-
posits.
In the Beemer club Ira E. Williams. the
| secretary, says the Fowler bill has the
more friends, but that is not saying much
because neither OF the bills finds favor in
his community. lie suggests that an In
crease in the liability of stockholders of
banking institutions IS the best guaranty
! to depositors
! Secretary w. s. Whitten Of the Lincoln
club finds general opposition TO both the
Aldrich and Fowler bills and believes that
II either were passed It would not meet
the requirements of financial strinEoncy.
President II. NJ. Bushnell OF the Associa-
tion OF Commercial clubs states he has not
| found one advocate of the Aldrich bill ana
\ but few friends OF the Fowler bill II r.
his opinion that the sentiment of the state
/ Is Overwhelmingly IN favor OF q govern
ment guaranty Of deposits In national
banks.
Thomas Matter Coming Up.
Postmaster General Meyer returns from
a short visit 10 Boston tomorrow and It II
| expected the findings Of the inspector who
| was sent TO Omaha to investigate the
/ charges against b. F. Thomas, who has
been recommended for the Omaha post
mastership, viii be taken up and consid-
cred. From those IN a position to know
| 1t is thought the investigation is wholly In
Mr.. Thomas favor and that his name Will
| go TO the senate before Saturday.
Minor Matters at Capital.
The senate today confirmed the nominA-
tions Of Leander NJ, Shubert 20 be sur
! yeyor OF customs for the port Of Council
Bluffs and Joshua II. Evans to be post
master at CallRWay, Custer county Ne
| bra ska.
The following nominations for postmas-
ters in Iowa were also conflrmedi Alonzo
/ Bryson. Davenport; @. w. Wntse, Monte
yuma; William C. Marsh. Aurelia, and
| Minnie A. Muhes, Akron
! Representative Boyd today introduced a
/ bill for the restoration Of annuities TO the
/ Medawakt0n and Wahpakoota Csantee)
| Sioux Indians, declared forfeited by the act
/ Of February 10, 1853 This bin confers tir-
isdiction on tho court OF claims to hear the
complaint Of these Indians and render final
/ judgment Tor any halsnce sound due
AIRS. l.. B. AicCrossan Of Sioux Falls. g.
! D.. is IN Washington, the guest of Mrs
/ Parker. wife OF Representative Parker a.
the Ebbitt house.
The secretary OF the treasury has