The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-04-25
BANKER CONES BACK
Claims Projections Of Law for His Interests Same as Is
Accorded Other Glasses.
-. N. okla.. ami ga. laOg.

torial headed THAT Bank Demand
and for your article soilowing the
same all relating TO bank burglary
and a law for same. In your last
article you expressed it as the policy
OF your paper TO allow. your cOiuians
to be used for the general discussion
os matters winch might interest the
rtbii i'm gener' For ih's I thank
you also We bankers have always
found the press ready and willing 10
lglve our side of the question but as
/ a rule we don't haze any side, Just
leet EicS,d with the icst a lhr cor
lIe ta,.ons like a iuottt' f,1u every
point. and being somewhat IN he mi
Inority IN this great ncN s.,ua. we
i have to take what is coming TO us
iwth as good grace as we may be
| lable 10 muster under the circum-
lstances. However, one correction
would make as to your impression
about the bankers and this burglary
law: you stated 10 was a demand Of
the bankers that such a law be pass
ed that would have a tendency TO
lstop bank burglary, etc. or TO that
leffect. We did not demand, nor do
1--WE ever expect to demand anything
from the public or our legislature. We
lclaim we are as much entitled 20
lprotection from without as well as
lwithin as the people at large OF this
lor any other state, and We ask not
ldemand. that we receive at least JUS
ltice in these matters The demands
are made by the farmers, and when
lthev make q demand there is hust.
ling among some of the members of
ltbe legislature to see that their de-
mands are met with o response that
lis prompt at least along some lines.
II read q few days ago that the far-
liners had met and demanded num-
lber of laws and one of them was q
lcounty weigher law. another q strict
lIaw about usury. The articles were
iheaded that the farmers demanded
lthese laws. Perhaps they only asked
lfor them. yet find that almost be
fore the ink Of the press reports OF
their demands have been made. up
mons another usury law, a copy OF
which / have before me. As TO the
llaw itself, | viii not quote IT, But
FRANKLY. If the charging OF usury was
lmade a penitentiary ofense we Woulu
leither have a lot of banks that wonld
20 out of business or would nave 70
borrow more prison space to hoiu
Those bankers as we'll as the poor
suffering public who might Yiolaie \
usury law IN the first place, VIII
Estate that regardless of the opinion
loY others. money IS merely q basis
of exchange. $l0O might Just as WEI
lba n horse or two COWS, or lao bush
ole of corn. Have we any law thai
man shall not swap 800 worth OF
} horse for $3.50 worth Of wheat If the
wheat man is long on wheat anc
2 needs a horse, although the horse
1 man may not need the wheat bu
. NAV be willing TO hold IL (iust as Tho
Farmer holds his cotton for l5 cents
when A is worth TO- and holding u
ON manic money at 10 per cent pei
annum when his banker cannot Dor
4 row II even at per cent?. II you nave
5 your newspaper issued which yo'
] H,now costs YOU a certain sum hguf
+ ING all your running expenses, aht
q which ~ YOU sell at cents per copy
vou trade for the other mans pleo'
lof money would you think II rlsh
that some law be passed TO ehec
That YOU should sell your paper a
cant per COPY because some farme
demanded il or because there was
lnaner published in New York Gu.
lthat was regularly sold for cen
lner copv? Your paper belongs Y
you SO who should control your SAT-
lof itg You might say: well you
hank loans might be made from TN
deposits of the people, so the iaN
ltends TO say what you shall loa'
Their money at, not the banks.
ltbat be vonr argument you or our lay
makers would sci forth, then ! sa,
lpass your law and determine whlch
the depositor's money ana Which W
longs 10 the bankw. Ihls you Woup
saw sounds foolish. SO IL does am
so does any law that forces a ma
TO say what he shall receive loI ~
own property read OF S0l, ~
Law that was spoken ol in our stat
ias,sIature a few days ago that re
J Lated TO trusts, and it was found ina
in some way this would affect IN
FARMER demanding or setting a prc
lou his cotton of what he pleased
5 lsna the matter was easily arrange
D so he could do this. but woe 10 IN
; lcornoration or trust that got toeethe
! lalong these lines.
! You state in your last article
q effect that the legislature may y
r too busv TO attend 10 these new law
/ aelFad for and I'm another column 9
o vonr naper we see where law ma
= lheen amended (house bill S6l maxim
e lii a penal offense of not less than nv
Years 10 steal so small am animal 2
= ealf. yet a criminal can go into
Q hank. at night or day, terrorlze an
q risk the lives Of iis officers and thei
nroperiy with and without explosive
4 lrob the bank OF all IL has (which th
4 state does not put back by the way
5 COST the state thousands OF doilaf
II III nrosecute the robbers should me
= ever be caught with the aid OF IN
Y $500 reward TO be charged np TO IN
= bankers who had been assessed ui
der the guarantee lawl and Mte
several months of bank robbinG WI
loss OF several thousands Of 40
lars. we have law introduced maj
4 linz Il a ten year penal service u COZ
lvieted. our fellow banker who ihtf
duced this bill being even So modes
I, lthat he failed 10 tack any penalty
q lthe bin and the ten years was SUI
y eested by the committee 10 Whol
g ,he bin was referred Suii we al
3, grateful 10 him and TO them Tor ~h'
4 lthey have done and trust that IN
y ltfl fnadpouata as we think n