Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1908-10-29
A CALAMITY HOWLER|
IS PROMPTLY CALLED down BY
AN iowa BANKER.
chicago Bank President is rIayed bv
the Head OF an Iowa Savings Bank
r0r Saying That the Election of
r'r. Bryan Will Bring on q Panic.
Gives Hot Roast.

One big city banker has been called
good and hard for giving expression
to the calamity cry that desperate
Republican campaign managers have
resorted to during the past few
weeks. President George f. Rob-
erts OF the Commercial National
Bank of Chicago. recently expressed
the opinion that Bryan's election
would be harmful to business inter-
ests. Mr.. Robots has received a
flaying at the hands of President
j. P. O'Na!ley, president of Peoples
Savings Bank OF Iowa for his stand
in this matter. In a letter to off,
GERS of the Commercial National
Bank, Mr.. O'Malley said:
II notice by the public press that
your Pres. Mr.. Roberts with some
other business men have been giving
out interviews in regard to the COM
ing election. Now, personally, I en-
tertain a high opinion of Mr.. Rob-
erts as business man and more es-
pecially because he was former resi-
dent of our state, and further / do
not want to interfere with any mans
right of free speech and concede to
every citizen the right to express
his choice between Mr. Bryan and
Mr. Taft. But l do seriously object
to this Panic Talk put up by our
so-called business men as being un-
patriotic, unwise, and unbusiness-
like, and any man or party using
those campaign methods are unsafe
men to do business with because we
give them credit for knowing better,
and they cannot be honest in trying
to deceive the innocent voter in this,
respect.
why talk another panic before
you are out of the one your party
has already made? Have you so
soon forgotten the Memorial Sunday
and Monday of 1907, when you
could see panic in your shadow?
Compare your speech of the present
with those of Mr.. Bryan during those
trying times; he did not strike you
when you were down, but on the
contrary added his great influence
and power to calm the public mind,
and helped us all to keep our doors
open. In this he showed himself to
be a broad-minded statesman and did
! not take revenge on those men who
contributed money to purchase his
former defeat. 1t seems to me that
politics and business are bad mix
ture and should be shut off so busi-
ness may revive.
II do not blame those U. s. Treas
ury officials for talking for their
party as they are office-holders and
must obey their mastes. Neither do
I blame you for talking for Mr.. Taft
as you perhaps have a good govern
ment deposit in your bank and are
, playing for more, but positively do
object to your saying that Mr.. Bry-
ans election will bring on a panic
when 1t is openly charged that those
| present panic howlers' brought on
the last panic and you still have it
on your hands in a measure in a
large part of this country. Further
more those kind of men are the d.
rect cause of any stagnation in busi-
ness at the present time by continu-
ally bowling 'panic.''
1--WE so-called country bankers
must take steps to protect ourselves.
Mr.. Tafts election will mean Postal
Savings Banks, this will take our
money to the financial center there