Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-09-09
SHAN SHOWS FAULTS
Of BANK GUARANTEE
Former Secretary Of Treasury
Scores Bryan's Proposed
Banking System
ONLY STOCKHOLDERS BENEFIT
shaw Declares Depositors' interests
Would Not Be safeeuarded by
4 schem,, Sufficient Guarantee
Would Ii. Up .5oo,ooo,ooo - Illinois
a Republicans in Harmony Meeting.

Would Tie Up $500, 900 900 - Illinois
a Republicans in Harmony Meeting.
Springfield, I'LL, Sept. s.-The re-
pubIicans Of Illinois met here today
in state convention. nominated four
trustees of the University Of Illinois,
selected presidential electors ana
sssdopted q platform.
Roy q. West, chairman Of the state
central committee, called the conven-
tion to order at 10 o'clock in the state
arsenal and introduced Joseph g.
Cannon The convention was not as
largely attended as in former years,
because there were no contests of any
consequence, for the primary election
held August determined candidates
s for state offices The, convention was
more 81. a harmony meeting, and eff
forts were made to smooth over all
feeling engentlered during the recent
primary. election Cannon urged that
all differences be forgotten, that there
be unity and harmony all along the
line. and that everybody work for
the success Of the state and national
tickets. Leslie M. Shaw also made an
address. His speech dealt mostly with
national i issues. Senator Hopkins, Gov
.ernor I)eneen and the republican con-
gressm "a present also made short ad-
dresses
sh,w Scores Bank Guarantee.
Shaw touched on the financial crisis
of last year and said:
sSinSe the panic the question OF
remedial legislation has been all abb
Ssorbing. Bryan again seems to have
studied sentiment and popular preju-
dice instead Of conditions. and has
rushed in, as Is iIis, ssisstos1r, swh ere
statesmen fear to tread, He promises
In his platform the creation Of a fund
for th,, relief of depositors in failed
and failing institutions, national and
state. IA fund for relief, to be Of any
value, mus be available when a
panic is a5S its height. Those in
charge OF ss! !ch fund would find it adj
visable to respond in some measure be-
:. . 80 10 Il, : ,,a,,as - ros,,ona -
=. fo,,nu,;no
buspens sion.
~, . ~, 81 ~ Nyaw yorl.
alone lost In deposits 1920, 100000 IN
forty days, vet no deposttor has or will
lose d penny, and no stakeholder Will
= eonn noo rlo0 10
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ann : :. a. nr;np the
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- r. n "a fV1fl Wol,ld a Required.
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~. 8 a,,f win ,ava ia keen out.
=, -. =, 6 harls,np business. or face the
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q ~, apainst the lav Of dis
4o,,,es moe in ten or fif-
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s 81 =, s,,fficie,t money you
s,o,,,: 10 an
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= = s-', ',.na1.la * raa1izes IN the
:isas. Isps = 49, @ bsna noaae r. the hanks Of
..'.s tr,,l co,,1d have coIlected their
,aa .au ..a.1,zea IN their securities
e..,;I ,,sa, 10 ,,onic Poor
!,nsns 3sms ] !. thl. , one rock % on ~ which banks