The Topeka state journal., 1908-12-05
Cost of Republican State Cam
paign Is Announced.
$1S,5OO and There Is Some
Left.
DEMOCRATS WAIT.
But Cost of Their Campaign
Was Much Less.
GOvernOr-Elect Stubbs Makes a
Trip to Washington.

From the Republican state committee
headquarters comes the statement that
1t cost the Republicans $1S,500 to con-
duct their state campaign and that af-
ter this expenditure there is $500 left
in the treasury with which to keep the
headquarters going for few months
longer.
The postage account was the largest
of the campaign according to this state
ment. being $1,000. while the expenses
of the speakers was about $4,000. The
printing bill was $500 and the balance
went for office help and "incidentals. "
The speakers were all allowed their
full travelling expenses but received no
money aside from that.
Since the publication of a campaign
balance sheet began in Kansas with the
last campaign there is no way of max
ing comparison with the expense of
previous campaigns. There is no doubt,
however, but that much less money was
spent this year than for a long time in
the election of a Kansas state and ma
tional ticket, but then the campaign
was quiet and peaceful except on the
occasion of the Taft tour of the state,
and the expenses for that occasion were
principally borne by the national com
mittee
1t is said that the Democrats spent
about $1,000 in their state campaign
but no official statement has ever been
given out by those who were in charge
of that undertaking.
Governor-elect w. r. Stubbs left his
home in Lawrence today for Washing
ton where he expects to be gone for
about. week. 1t is announced that the
governor has important business in the
national capital but the nature of this
business was not stated.
w. w stahI. of Sterling has an
nounced his candidacy for the office of
chief clerk of the next house. Mr.. Stahl
will be remembered here as well
known Washburn man in charge of col
lege athletics for several years. He
ran for the office of county attorney
on the Republican ticket in Rice coun
ty last fall but was buried under the
Democratic landslide in that section of
the state C. A. Brilliant of Howard, |
is the only other candidate yet an |
nounced for the job of chief clerk.
Mrs Sheldon. of Lawrence, has pre- |
pared a bill to be presented at the next |
session of the legislature embodying |
many changes in the law governing the |
educational institutions of the state. |
The bill provides for the consolidation
of the present state board of education, |
the text book commission and the three !
boards of regents and substituting !
therefor a state board of education |
which is to be elected by the people |
of the state, such board to consist of
eight members together with the super |
intendent of public instruction who is /
the constitutional head of the educa-
w. S. Albright, the new bank COM
missioner of Kansas. is in favor of the
bank deposit guaranty law. Mr.. AL
bright expressed himself as follows:
Personally, l am inclined to favor a
guaranty law as benefit both to
bankers and to depositors- 1 believe.
however that such a law should be
more carefully studied out, and it's pro-
visions made such that all interested
parties will be protected. 1 doubt
whether any law making it compulsory
for banks to participate in q guaranty
plan would be constitutional
1T is urged by some bankers that it
would be the best plan to provide in
the law that in case of a failure, the
assets of the bank should first be eX-
hausted in paying on depositors before
the guarantee fund is called upon to
make up the deficit. Some have sug-
gested that the receiver of the bank. or
the bank commissioner. might issue
certificates to the depositors, showing
the amount due. so that the depositors
may be able if they want their money
at once, to discount their certificates.
An arrangement of this kind would suit
some of the bankers because 1t would
still give to the depOsitors reason for
discriminating between the old. well
established bank with plenty of assets.
and the new bank with small re-
sources. Many bankers object to the
guaranty law because they say 1t would
wipe out the well-won reputation of
established banks, and make them
equal in the public mind with less
stable banks.
1T looks to me as though the COM
Ang session of the legislature was prac- |
tically certain to enact a guaranty de-
posit law, and the bankers might as
well make up their minds to accept ! !
such law. The chief thing is to get a |
law which is carefully prepared, and to
make it a bona fide guaranty deposit
law"