The Ketchikan miner., 1908-08-29

Oh 10, good kindly dispcsed MT. O'Brier- rou are certainly mistaken ia your estimate O. the treatment ac- corded you oy The Miner. when you assert that for mouths past this paper, or auyore connected with it. has .ak- en Hing atser Hing" as the page of she Record, presumably under your exclusise cooducs and control. Neith- CT has The Miner or any one connect ed with is aimed any naledicsiors ss shs Record. for sbe reason that is has long been aware of the fscs, as MT. O'Brien himself must now be. that curses are much more aps 10 return io rooss ss home than 70 ;niurioDsly affect the person CT persons as whom they are aimed. Neither has is in dulged in any sirades aimed as him. self. or his particular page Of she Re cord, which were inspired by love of any particular party. TOT yet by oTer- irduigeoee in love for John Barley corn. And shiie i: has raih er en joy ed the result Of she election snd in- dsiSsd in some remarks intended so be more CT less tscsseoux, oTer she outcome as the expense of she Record DO person can justly accuse is Of hav- ing beec unfair or unsrvthtui in it's disenHions of the political nuddle for .he creation o. which Mr. O'Brieu ard his Record were in iarge de- gree responsible. Far hs is from The Mirsr. or any ooe connected with it, 70 write CT print anything intention ally calculated to vognd ihe tender sersibilisiss of person 90 wholly soi- ersrs and tender Of the feelings of oshers as MT. OBrie1-a character issic of his newspaper. as evinced in each and every ore of it's issues k will pos even suggest hsrsvith for his eo1aidsrasi0a the old and hzckneyed axiom o. the results likely to ensUe io shoss vho psrsiss in throwing ssores iron seDsnsnss wholly cocssrucsed Of gia2-
 
 The Ess York Journal of commerce ia the appended extract presents s striking evidence of remarkable re- eovery of EnAncial institutions from the results Of panic ard depression :: The extraordinary recoyer! in sbe market values of securities has been Of ineaiculabIe value in enabling crippled institutions ard individuals 70 pay of Q biigasions that proved en- harrasin2 during shs serious fnaDciAl upheaval Of lass November. More than ocs Eillicraire ubo uss On .be verge of ruin has since been able, largely through a marked appreciation in she value of his securities, to bquidsss pressing indebtedness and to pay of maturing loans- The fsiI s1ssns of she havoc played in high fuAreiaI circles sill neyer be known, ard every week is hasseninz the re- esperasioo. 70 that the echoes Of she panic are of . ciaerer. character from what they uouid have been had things Eos enjoyed 70 radical an improve Esus- The progress made by most 0. she financial institutions that were forced to close their doors has also been remarkable. Banks and srus. companies sha. o0s time appeared gopsisssly involved have nos only rs- suuec buisosss bo. are actually gain ing in strength. investigations eordGessd by the Journal of Com uercs and CoDDsrcial Bulletin disclose highly gratifying state Of afairs in this respect, and Clark Williams, ths State Superintendent Of Banking, cor roborasss the wonderful progress tha. vas discovered. Of thirteen inssitg- tSous that had so close their dooxs las. ysar only two are Dos nov dolng bSsi- nss- President OskIeizh Tborne. Of ths Trust Company of America, states shss lsss than q, ODO, 60 of sbs s2,- ouo. oDo advanced thss institution re- mains to be paid of, ard there is sufEcisns cash on hand, it is claimed, to viPs out this relatively small sE0urt. The KnickerDocker Trus. Company also shovs larger deposits than ss ths rsopsning, and jt is pian- ming ;o anticipate . third irssnsnIss to dspcsi.ors. two payments having already been paid in advance. In s| s0rd, the bankiDg position in Ssw