The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-06-10
RANKlNe.

There is one tact that the so-called
1 big bankers or these United States can
carry about with them in their crusade
against the bank guaranty law no
more or less than there win soon be
no money in the banks not guaranteed.
This is not a political or boomer ed
itorlal. but the cold unadnlterated
truth as placed on paper by those
knowing the temper OF The people
throughout tho country. The history
of banking ia these United States
could be better There has been too
much of "our banker is the soul OF
honor but the other banker is
not Trustworthy" in our dealing with
these institutions. inere Is no policy
! in dealing VITA men as individuals
/ in any corporate matter The honest
banker OF this hour may sell his in
terest in the morning. and you have
the same safeguard (
! The public is Interested and II de-
sires to ask questions or these self.
satisfied men who assail the right Of
the body polite to make laws govern
I ing their actions.
The people have a right TO know
why any banker should oppose a citi-
zen making sure his money is ready
when he Is ready for it, inasmuch as
the banker has the use OF It while the
owner Is not using. RE gentleman
( from Coriscana, Texas, at the bankers
meeting of that state gave notice thSi
all the people are In earnest and the
bankers OF the country can aweken
and aid In making the general Jaw
or they can take the law as made
by the people onfsrrs -i...-. ,4att..a.,a
Never was a more truthful. concise
statement made OF a condition. IL ii
sure aa the sun shines IN the heavens
that the people OF the United States
are going to have a general banking
law, wherein the state or Nation in
sures the deposits, aud our lordly
bankers who refuse TO accept those
conditions had as we'll make ready q
step aside for they will not be n
demand those days.
What community does not remem
Der some old fossil elected president
OF a bank. who trails TO and from The
institution eacn day. and assumes e
dictate the policy of that community
by reason OF his position, who, II
placed on the witness stand, under
oath, could nol of his own knowledge
state whether there was dollar IL
the bank OF not. II Is a fact that 99s
of each 1000 of these men are IRE
proachable in character but also tru,
that ther Is no reason why they shoul,
have peculiar riwhts and privileges
In commercial age like this money
and values are so arranged that a mar
of means may extend his credit a
least fifty per cent. II he posses n,
capital he may get a certain amour
OF credit through personal security
Dnt otherwise he can not obtain ant
should not expect such backing. Tn,
panKer viii anow credits the same al
a merchant, seldom more. not offer
less
Us there a reason why the banke
engaged IN his bHsiness or ayocatioi
should ask OF the state that whiel
he cannot afford TO give the Individual
Certainty the banks OF Che cOhn
try should be able to catch the dlaf
of the movement. although they seen
TO buck a little at the new program
but they are rushing toward IL al
swift as the winds and had as wei
80 gracefully as the other way.
Within five years a man having
bank with deposits not secured viii
be one OF the curiosities of IN,
Iconntry and let us pray that thl
hour may hasten.
This with all due respect 20 tn
long list of splendid men engaged il
n banking.