The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-09-26

who hold enough power 10 piock
legislation which would be in favor
of revision and against the trusts ,
or money power, Most clearly 1t Is
shown by their acts Of the past few
weeks and days, that IL tarin re-
vision is to come It must come from
the Democrats and the only way to-
secure It is to put Democrats lnto
mower and give them the opportun
,tv 10 remedy the conditions which
exist
Another great question which the
voters must decide in the coming
election is that of guaranteeing bank
deposits. Under the present SYSTEM
of banking! even in the national
hanks. the man who deposits his
money he's no security whatever tha'
the bank will not close and leave
him in the lurch. OF course he
can use his judgment and select the
hank which has been in business
for the LONGEST time and Is built
anon the best business foundation,
but even then he has no assurance
that he hrs not selected the wrong
one The banker can secure insur-
ance against bank burglars and
against every misfortune which may
! overtake him in business way
but the man who entrusts his money
into his hands has no way of secur-
ing himself against loss.
Mr.. Bryan has declared In ia
lvor Of guaranteeing the deposits oil
the laboring man when he places
Ihis savings in the hands of bank
er. Under the system for which the
. Democratic platform stands every
dollar which Is deposited In a bank
would be amply secured, so that
the poor man who is fortunate
enough to be able to lay aside q
few dollPrs for a rainy day can rest
assured when he goes to bed al
night that when he awakes In the
morning his little saving has moi
been wiped out, even though the
bank may have closed its doors.
The developments Of the past few
months demonstrate the need ol
Just such a provision as Mr.. BryaG
proposes. At the beginning OF Thu
present panic, the bankers became
afraid OF the deposltor and the de
positor became scared about tn
banker. The result was that in near
ly all instances the banker secured
all OF the money he had invested
or as much OF II as was possible
He put it away in his vpults In or
der to be abe TO meet any demand
which might be made upon him b.
his depositcrs. This money wa
taken out OF circulation and tn
channels of trGde were in grea
measure, stagnant. In some instance
the run which was expected occurre
and others would have occB.ret
had 1t not been that the deposito
was given TO understand that hi
money Yves in the bank and that h
=, could secure II any time he desired
for when they learned that the
M could get their money, they did nc
lt want it. Now, under the plan whic
G Mr.. Bryan proposes, this fear an
"A suspicion upon the part Of the Danl
r. er and depositor alike would
=. wholly done away with. The bank'
would no longer fear that the d.
, :, positor would make run upo
his bank, because the depositor III
derstands that 1t matters not wheth'
the bank suspends or not, his none
is safe and for that reason he wou
not become panicky and start ru
-, This is the Democratic policy an
m this is the system which win
IT, inaugurated II the Democrats a
"a successful in the coming electio
v. The voter has the power to 81
m whether he wants this protectiC
a when he pieces his money in Il
bank and he should not hesitate
10 make known his wish by his ballC
:. These are only two OF the great
- question which the voters will
: called upon 10 decide In Novemb
% but they are each Of sufficient II
a, portanoe TO cause the man with I
ss beIlot in his hand TO stop and thi