The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-05-16
PITTsauRo DEPOSIT CHANGE


PiTTsHuRo Deposit CHANGE.
Are the business men of Pittsburg,
Pennsylvania. becoming socialists
ana frightened by mere winds Of pub.
lie frenzyz
Associated press dispatches relate
the leading business men OF that great
hive Of industry met and raised fund
of 100000 to deposit as guaranty
that the Allegheny National bank
whose cashier stole over 100000
would pay depositors in fun
Who was it last winter said the
people should have their FUNDS guaran
teedg
When Governor Haskell aided by q
friendly legislative body, gave to the
peopel Of Oklahoma security for their
deposited funds one Of the great news
papers OF Pittsburg said
"Governst Haskell knows less OF
hanks than would be supposed He
has become excited over little tenn
porary matters. but. beng CON
sidered a man OF ability, VIII soon
see his error.
Read what the business men Of Pitts
burg and Allegheny City have 10 say
10 appease the people who have lost
faith IN the financial rulers of that To-
cality.
National Rank Examiner Folds
has S500.060 of cash to guaranty
the bank viii pay deposltors, and
depositors win confer a favor by
stating II they wish any or all the
present officers 90 retire
Following THIS Is a statement from
the bank examiner stating he has the
cash and the bank Is safe, that II can
meet an demands.
2Nhen banking concern backed by
the concentrated wealth OF Western
PENNSYLVANIA through the newspapers
advertise for the drpositors TO come
jn aRa pass on the bank officials, it
seems like the socialistic" ideas Of
Ohlahomas governor are almost mon
urchial compared with the spread of
the idea IN the state Of Pennsylvania.
And do not forget that the people Of
these United States are going 20 quit
loang their earnings In the banks.
They are willing 10 abide by laws made
10 protect banks. The people of this
stale viii hack any legislative body IN
laws preventing defrauding of banks
aud agree 20 the .most severe penalties
for breakng OF that law.
Why2
Because The banks OF the state are
faifRaarded and the people know they
can receive their deposits when needed
ii rs but reasonable that better protec
ton should be given the banker who
has given absolute security 10 the pub
lio
That win apply Ia any part of the
country The Pittsbure banker stole
almost half million Of dollars. H'
got away from his brother managers
ID his slealings for q numNer Of years
and the officials and stockholders are
10 blame
They accept the blame. pnt theil
money into the vault IN lieu OF wha
ras stolen cai tie bank examiner
aud turn @ him ihe keys that be mas
find What conditions are
Ie apSNers, an is there and ths
lses 81 IA splendid condition Is there
doubt that the bank viii continue q
.aake money and maintain the conf
dence 0l the public? None And II ca
be- added that the day when a banl
official can rob his fellows whil'
around aud with them, is going TO end
Double check systems are already u
force m the Rothschild Institutions d
fact have been so for an hundre,
years and while they have beer
eyoued as Old-fashioned II is none IN,
less true 80 Rothaebild bank was eve
deifaCdod from within
This hulla6aI5o about the student
AZ S5rnan attending dances IS th
peresi elapi1 rap ~ someone deaifin
40 rake up iossilized ideas and usinl
them in 4 manner 10 smireh the con
dnet OF pe3pie better in an respect
than the one making the attempt Nol
man pupils. Of course should give th
he ol their time % their studies ht
Tie recreation Ia the dance IS hurtfl
90 no person. provided those giVin
me dance are careful in who aitend
For iha matter care is as needfu I
Htoni You yin walk 90 ride with ar
tho old prejudice against the dance
was due 90 r0ughs paying for IN
tickets IN villages, or inviting Their
selves in rural communities. Ih
faculty az Norman insults rs ow
intelligence in answering any con
ninnicaiiOn 30 question upon thi
subject ln iacf II Is their duty
attend lhe places of amusement Il
ine pupils Tor the very good reaso
they should know as 10 the elias
~ aasoCiates Because some perso
Win q birth prohibition on commo
sense sees fit % make an effort
cause trouble should BE- no groun
lof iho lacnify io Caase valuable tim
n piy
oklahQma city papelt are aftacklu
Haskell Decuuse the present legisl
lple pin aoi locate public institution