Barton County democrat., 1908-01-31
DEPOSIT INSURANCE.
Af. Noses Wants a Genuine Bankers
Self Insurance Plan.

posits of banks by laws tina
might be passed BY the Legisla
ture. 1t does not secure and de
post in any bank. II has at thre,
different session of the Legislator,
very thoroughly and exhaustively
discussed the many plans presented
for securing of deposits in STATE
banks, but was never satisfied
with any of them as being feasible
or practicable to all concerned
This question has been m,sI
fully discussed by Congress an q
Legislatures since their formation
Except one new state that under
the impulse of the moment dareC
to rush in where angels dare no'
tread") and it is a very seriou.
question today before Congress.
and the older state legislatures
and the best 6nancier's of tht
country, just what is best to d.
with this question.
The proposition in itself is q
very popular one. One that ap
peals alike to the depositors and
the banker, but how to accomplish
this so it will not work any hard
ship. loss or disaster to national
banks, and to the honest. inteli
gent and conservative bankers ii
the state and national banks, and
to the financial and business sys
tenn now in force, is a very serious
question. indeed.
To arrive at some plan that will
satisefy all land some plan will be
devised) it must be discussed in q
careful and open manner It must
be free from politics and political
from individual ad
vancement or selfish ends. The
time should not be taken advantage
of to rush pell nell into something
that will cause ruin or even regret
any more so than men are caution
ed not to strike in the heat of
passion or Tor politicians to play
upon the people but sing their
name as favoring any great
public financial question time.
This is a serious question. 1t
affects all alike. The Governor of
New York called for a commission
to present the best views upon
these issue. Congress is asking
for the same. Is the great state
Of Kansas better fixed and equipp
ed to solve this question now. than
the government of forty six states
and four territoriesl Had it not
better wait until some definite
plan be devised so that national
and state banks CAL come in to
gether unitedly and make a law
less expensive and more secure to
all the depositors in both state and
banksl 1t is coming to
this. not. however BY any state or
even the government securing
deposits in banks, but by insur
ance of deposits by companies
where each bank and banker will
take bis relative place and posi-
lion as a good. fair or bad banker
in the scale Of insurance. the same
As there is good, fair or bad risks
IN life and fire insurance. Is this
not right 1t offers then the best
nducemeut for honest, conserva
i've bankerstp accomplish that
which thev would never care to
work for otherwise.
I'VE believe the members of this
the same conserva
i've, painstaking. loyal represent
ltives that they were at the ses
ion one year ago. and would not
uffer themselves to bulge one
ota from doing their duty, regard
ess of the call. the times or senti
nen of person or persons, politics
r political greed or individuals
r cliques.
The people of the state Of Kansas
o not ask that any law be enacted
bat discriminates between a
bank and a state bank,