Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-02-07
M'K|NLAY SCORES JAPS
Favors Discriminatory Legis-
lation by California.
SC0FFS AT IDEA. OF WAR
Mikado Menaced by Russias Watch
fulness for Opportunity.
PICTURES SITUATION ON COAST
Address Before Bank Clerks-Sena-
tor Bailey Opposes Postal Saw
ings Scheme-Other Speeches.

Predicting another war between Japan
and Russia and declaring that the Cali
fornia legislature would pass bills pro-
hibiting the Japanese from attending
white schools or owning property within
the state, Representative Duncan Nc
kinlay of California made a sensational
speech at the sixth annual banquet of the
Washington Chapter of the American
Institute of Banking at the Raleigh Hotel
last night.
Mr.. Mckinlay's utterances are consid-
cred particularly significant in view of
the fact that he has ranked as a con-
sentative on the japanese question and
has labored with President Roosevelt to
bring about an amicable solution of the
present difficulties
Senator Bailey of Texas Assistant Sec
rotary of the Treasury Coolidge and Com
missioner mcfarland were among the
other speakers. but Mr.. Mckinlay's speech
was the big event of the evening. He is
considered to be especially well qualified
to discuss the subject. For years he was
an assistant district attorney of San
Francisco, handling Asiatic cases ex-
clusively, and for long time has made
a deep and comprehensive study of the
question.
McKinlay Is Conservative.
MIR. McKinlay displayed his conserva-
tive side and his appreciation of the grav-
ity of the present situation when he ex-
pressed the fervent hope that President
Roosevelt would be able to make treaty
arrangements with the Japanese govern
ment which would result in a cessation
of the flood of Japanese labor that has
been coming to the Pacific coast.
He demanded to know, however, why it
was that Great Britain was not called to
account by Japan. in view of the fact that
there is a head tax of $500 on every Japa-
nese laborer entering Australia and of $50
In Canada, and answered his own queS-
tion by stating that the British govern
ment was not in the habit of asking per-
mission to pass laws Of any variety or de-
scription.
Mr.. Mckinlay scoffed at the idea of war
between the United States and Japan. He
said the possibility Of such an eventuality
was extremely remote and need not be
considered and gave a number of reasons
for his views, chief among them the fact
that Russia, having received temporary
setback, was merely waiting an oppor-
tunity to continue her march through
Manchuria to the coast. He considered
that another war between Russia and ia
pan was inevitable.
f. Percival Wilson of the National Saw
ings and Trust Company, president of the
Washington Chapter of the American IN
stitute of Banking, presided at the BAN
quet. Commissioner Mcfarland was
POSTMASTER. Mr. Wilson, prior to turning
over the conduct of affairs to the Com
missioner, reviewed in brief the history
of the American Institute of Banking and
paid high tribute to the American Bank
ers' Association for the financial and
other assistance it had given and was
giving to the junior organization.
Mr.. Wilson. known as one of the most
active workers of the institute and who
has held every office in the organiZa ton
up to that of president, to which he was
elected last year. got big hand when
he concluded his remarks with the pre-
sentation of Mr.. mcfarland.
Macfarland Cites Motto.
The Commissioner made an address in
happy vein. during the course of which
he quoted the bank clerks motto.'' a la
Thomas w. Smith. 1T is" said Mr.
Mcfarland, Early to bed. early TO rise;
work like Helen. ADVERTISE.
Il am said Mr.. mcfarland, under
some doubt as to the proper pronuncia-
ton of the crucial word in this motto"
Senator Bailey spoke for nearly an
hour on the subject of postal savings
banks a proposition to which he is bitter
ly opposed. He presented arguments for
and against the system, and declared it
would probably be enacted into law in
view of the fact that everything Con-
gress had done of late seemed to be en-
tirely wrong.
He took no stock. he said in the argu-
ment that the passage of a postal savings
bank bill would bring millions of money
out Of hiding. In his opinion most of the
money that had ever been coined was
working overtime now, and little of 1t
comparatively speaking, reposed in stock
ings or under loose bricks on the hearth
Moreover. he didn't think that people
who were afraid. in this enlightened age,
to trust their money to banks, would
increase of circulation through the pas
sage of a postal savings bank law would,
in his opinion, be infinitessimal.
He also thought there was little to the
argument that the scheme in question
would encourage thrift and economy
He doubted. moreover, If it were within
the province of the government to do
these things.
said. to ask the government to do this,
that and the other things, and the in
clination. to his mind, was extremely I'M
healthful. The next step after the guar
antee of deposits through a postal saw
ings scheme inevitably was. he thought,
the guarantee of investments And
more unspeakable misfortune than that
he could not imagine.
Divorce Politics and Business.
lutte dividing line between politics and
business, but at the present time the
tendency was just the other way. He
called attention to the fact that right
now the entire business of the country
was halted awaiting the passage of the
new tariff bill by the extra session of the
Sixty-first Congress.
Incidentally, the senator mentioned
that he was certain Congress would do
nothing with the tariff. inasmuch as the
republican party was in control.
Concluding. Senator Bailey insisted that
in the matter of this postal savings bank
scheme it was unfair and improper for
the government to engage in any business
in opposition to individuals. and said that
when, under the operations of the postal
proposition, a pot house politician had
designated a government depository of
funds in any one town. all the other
banks in that town would be harmed in
time of financial stringency, by withdraw
ais of deposits made by those who wished
to have their money guaranteed against
loss through the medium of the govern
ment, by the government depository
bank.