Arizona republican., 1909-09-17

tariff bill, leading bankers believe that the measure to thus radically change the currency system of the United States. would be certain to pass the present Congress. But congressional elections are to intervene and conse- i quently the advantages of the central
 bank idea are to be unfolded to the
 public gradually and in opalescent tints
 during the coming year. Congressman Nreeland having been chosen to fire the first gun in his speech September s. The bankers themselves, particu-
 larly those of the west, seem the least
 likely to approve the measure readily
 It has been known for months that the
 National City Bank of New York, the
 Standard oil institution, has been ac-
 lively advocating the central bank idea.
 it being at present the biggest bank
 in the United States, and a natural
 aspirant for "honors" at the hands of
 Uncle Sam. However, some of the
 strongest forces in good government fhave been active in proposing and sup porting the central bank idea
 billion dollars of wealth. it has
 been estimated, will promenade the
 waXed floors of the Auditorium theater
 at the bankers ball. to be attended
 for an hour by President Taft, at the
 conclusion of the convention of the
 American Bankers Association which
 represents bank deposits in the United
 States of fully s2O.0O0, ,00O, 900. The ab-
 sorbsng topic of social gossip now is
 the fact that ancestry and social pres
 tige were discarded, with some friction,
 in making up the invitation list To the families who are labelled "exclus- i've the function is called hopelessly
 'miXed', because of their failure to set
 ultra fashionable pace in this ball. Prompted by wisdom gleaned during the recent William Barrett Ridgley con- tretemps in Kansas City when feminine social jealousy was dragged into fields has been framed up on a money guage The list of patronesses includes various branches of the Mccormick, the Crane and the Field families. and the families of Russell G. Tyson, Chauncey ], Blair. Watson Blair. Chauncey Keep. Albert J. Earling. Orson Smith. Ernest A. Hamill, J. ogden Armour. Samuel Me Roberts, Joy Morton, Moses J. Went worth, John s. Runnells, Charles l.. Hutchinson, John c. Black. Bryan Lathrpo. Solomon Smith, Calvin Dur and and Edward L. Ryerson.
 Frightening prospects for the postal savings bang bank bill which will be in the limelight during the next ses- sion of Congress are seen in the in | creasing majority for the measure in both House and Senate disclosed by letters to tine Postal Savings Bank l League whose headquarters in the First National Bank building have | taken on a stir of campaign activity. Western members of Congress are in | general arrayed against those from | New England and other Eastern states on this question, but Senator D. J. Foster of Vermont, among others, has admitted to Chairman, George H. Cur rier of the League, that the people of the United States in general need the Postal Bank system. Whether we get the necessary legislation is going to depend very largely upon the attitude of the south and west" declared Sena- tor Foster New England for in stance, has ample savings bank facili- ties. And I very much doubt whether a Postal Savings bank would be pa tronized here in New England. In fact. I am firmly of the opinion that it would