Omaha daily bee., 1908-10-20
AFFAIRS At SOUTH OMAHA
Bryan's Bank Guaranty Scheme Does
Not Make a Hit Here.
SOME WEAK SPOTS POINTED OUT
Pickpockets Turn n Few Tricks I'm the
Crowds at the Bryan Meeting
Saturday Evening and
Escape Arrest.

eft seems to me-" said G. II. Brewer,
candidate. for county coroner, that the
democrats in their arguments on financial
! affairs neglect one important and interested
class, the bankers themselves. Mr.. Bryan
refers to them slurringly as Wall street.
and neglects them because he knows he can
secure practically no votes among them He
is quick to insinuate infamy against them,
which l am sure is not merited by the
many bankers OF this and other cities
whom / have known. 1 have always said
that deposits ought to be secured, but what
1 question is Mr.. Bryan's illadvlsed and
dangerous methods OF seeking that secur-
ity. Nobody is more anxious to see de-
posits made safe than the bankers. for in
many cases It means poverty, disgrace,
often life and death to them. If the scheme
had been practical It would long ago have
been adopted by the bankers. Had IL been
urged this year by the bankers, previous to
the conception of Mr.. Bryan, what would
he have said? From his position on other
like questions he would have said: Now
come the bankers with the great money
power. the greatest trust in existence, de-
handing a special privilege, that they be
protected from the fear of their depositors,
the safest guard against dishonesty and
folly in banking, while like leeches they
fatten by the loans they make to all le-
Ultimate industry, specializing on the hard
earned pittances of honest toll. Don't that
sound like Bryan"
Charles Durham of the Packers National
bank said Saturday: we want secure de-
posits. We have been working on these
things for years. These periods of distress
are utterly luminous to the banker first of
all, and only after he is forced to the wall
is other business affected. But we don't
want to add a stimulant TO the very cause
OF the panic of the previous years by en-
couraging too wide extension OF credit. That
is the cause of bank failures and there
need be no crime perpetrated, nor all the
money loaned out which the law permits.
1t is often brought about by the exigencies
OF trade entirely outside Of banking bust
ness. We have periods OF speculation and
periods of liquidation in this and every
other country, which cannot be helped ex-
cept by keeping these oscillations In as mar
row bounds as possible. To make us re-
sponsible for the fate Of all banks would
be TO make the range of depression wider
than now. With the volume OF business
amounting in a year to billions OF dollars,
most Of which is done in our banks and all
OF which Is subject Of failure, as we'll as
our banks are, and as liable to drag Ms
} down with them, what good would a little
tax DO In a great panic. Mr.. Bryan saws in
the end we could pay out. That is true now
for not one big bank last year which sus-
pended remains which has not liqu,dated
} all obligations and resumed business.
The cause OF hard times is not fear that
deposits will not be paid, but It is the
check which the accident of business fall
} ure puts on further investment the country
over. Payment OF debts is demanded and
Investment ceases, merchants buy no new
stocks manufacture ceases and men are
thrown out. and cut their expenses down
and further hurt the merchant"
Raid on Gambling Places.
/ The South Omaha police raided the gamb-
ling places Saturday night and arrested
. several men. Mike ssrka. John shlik and
& John Riboska were charged with gamb-
ling. They were found in a room at Twen-
ty-sixth and N streets. Walter Casper and
U James Christ were charged with vagrancy.
They were in both cases released on bonds
FOR appearance in police court this morn
ing.
PickDOckets Are Busy.
u Among other matters for the public de-
partment to solve is the apprehension OF
\ three or four pickpoekets who worked
skllfully among the crowd at the Bryan
injecting saturday nlBnt. NlCnOlaS POtaH
}, lost s1s from his pocket. He saw the man
whom he believed had taken the money
edging his way out OF the crowd, but al.
though several police were on the grounC
he let him get away for fear of disturbing
the meeting. He gave the police the de,
scription afterward. but the police have
no trace of him 90 far. s. Hunter also
v lost SO in a similar manner He had beer
at the meeting only a few minutes before
o he missed his money.
Mrs. L. G. Christie, 25l4 II street, lost hel
watch while on a street car between Twen'
l ty-fourth and C streets and Omaha Some
one who was sitting in the car, she be
% lieyes, took the watch.
Holiday Dinner Missing.
]. s. Sears. Twenty-sixth and L streets
South Omaha, lost a dark plumaged COOS,
Sunday and is now out searching for tn,
fowl. To aid him in securing vengeanc,
" on the imposed purloiner OF the goose h,
has offered a reward of IS to anyone VIII,
70 will tell him the name OF the man who stol
the goose and bring proof OF his charge
The goose was being fattehed for the holi
day season and its loss was keenly felt b!
the aggrisved owner,
Maxie City Gossip. q,
The city council will meet this evening
: in regular session.
s The Industry club, after suspendinR al
summer. has resumed its sessions.
letters Gold Top Beer delivered to an!
part OF the city. Telephone No. 8.
J.. +. Murphy. a stu anger in the city, wa
arrested yesterday for disturbing the peace
COAL! Try Howiand's celebrated Silye
Greek. office. as N. ztth St. Tel. South
John Rivers and William Paulsen hav
returned from a trip through Cherr,
county.
Frank Thomas Of Fort Worth. Tex, is
ruest OF friends in South Omaha He wi
Be- here two weeks
The Women's Christian Temperance uniol
will meet with Mrs. G. w. Smith at A stree
on the boulevard Tuesday afternoon.
@. r Jonte OF Springfield, No, was
visitor in South Omaha last week and 1
stil In town. He was a former residen
here.
Rev. James Clark. secretary Of the Ne
braska synod OF the Presbyterian church
occupied DIR. r. l. Wheeler's pulpit sunda,
morning.
varna Peasa and Elmer Af'nnsrAt Aions.