Carson City daily appeal. [volume] (Carson City, Nev.) 1907-1930, 1910-04-12

LII ed Or msre presentd. No matter what his Off
~~ "A cal action or non-action may be, he is damned
N ii he does and he is damned il he DOESN'T
In his bat tie with the Board OF Assessors to
securc a reasonable valuation Of the Southern
,.aao ro,u property, Cover o Dickerson rendered to Nevada
a. oi the greatest services vr given to the State by a puoh' o"'"
,hr,,b a single act. What credit has he received at tn ha"os o" TIT
Republican press for this splendid work. frae'''a"y none " "'
Np"N 49, mor,ss of the moment. some OF the Republican newspapers
rvc hin a few words OF rather mild commenGanon' o' a"'s' HI"
daeiy it dawned upon them that his actor" III" "r ~ hr at,
uteal advantage OF himself and the Demo'rat'c party i""
,,udc changed. The subject, which is on OF ne "s'
strictly local questions that has er confronted 's p'rN 80. hmr
So, = ,,rv ,,,,,;ou Of railroad property for taxation has either pee"
completely dropped, or only mentioned for tho purpose " IS ~.
that, the Governor was playing politics" Well lei rs "pp' H ..
Gtical considerations did have some thing to d WI" "e =,
course. We will just suppose it. The e"e' " " ,s s,oo a ear
sure the State and county govern mentS o"'e'""s INN ho
in additional taxes, which by every reason OF tarrhe SAN"
Southern Pacific Company ought ito pay. ne pe"p" ,.
a body. were benefited ito the exten named, and it would seer ina
the people of any state should look with favor "p'" po,"" '"''
he .rcb. which confers pon them the most substantial benefits.
Ii Governor Dickerson wa right why not give him ne cree"
which belongs to him, ven though it may tend to s're"s"'" HI" "
political way1
Take then the Governors aci on in refusing to aecep. IS a gilt TIL
discred;ted and repudiated bonds OF a sister state-a gift which is sim
ply the gift OF a lawsui, with the State OF North Carolina intended ""-
ma"hy or the advantage of a few spectators who have acquired S|'
amounts OF the m bonds. In this, whatever tn OLD e'e' "
law may be, the Governor is sustam ed by he best mora" se"" 49,
the people of Nevada. Here again he receive "t s""" aa,ua and
measure of credit It is conceded that the bonds are ah'eu' VI"
that no state should deliberately be come a party to an assauit upo" 'e
credit and integrity of a sister state but still thu Governo Is pEy"s
politics" If this is playing politics" let the good work g OF. 1t Is
politics of a kind that the people OF the state should not only ad"'re bt
demand OF their public servants.
The closing OF the Eureka Bank has furnished the enemies OF
Dcker,on with a fresh excuse for attack. The criticism is ostenHbly
directed 1t the Banking Board but in reality it is aimed att III lover
or, a, Chairman, and the ne who appoints ais associates upon III
Board. Those who are disposed to condemn III Governor o the Board
upon this head should read the explanation of the Eureka Bank situa
ton in the Goldheld News, an \ planation by in position to 20
all about the unfortunate affair
This Eureka Bank trouble a simply a legacy to the present
Banking Board from the old one. At the first investigation, a The
Appeal is ereditaby informed, it appeared that this bank was being
conducted in an unsafe manner. The same as tre IT evera ther
banks. Whether this n was actually insolvent from a banking stand
point. depended upon the solvency OF its principal debtorS' II Bank
inc Doardv was satis6ed BY inves tigation as we'll as by assurance given
by these debtors (who, by the way, were all prominent and influential
Repubheans), and by inventories which they furnished, that they
would be able to pay the demands against them As rapidly a would be
necessary for legitimate banking business. Hence. it a deemed the
better policy not to close its doors abruptly. as such course would OF
only greatly injure the deposhors of this bank, but in all human proba-
bMhy ruin a number Of other banks, thus literally parayzng the dnan-
G OF the State, and creating a business condition most deplorabhe. The
banking Board adopted the policy of helping these weaker banks to
get upon their feet. They we're su subjected to the closest surveillance, II
trading of accounts va allowed, and, a a result, with this n unfor-
tunate exception, the banks which were then in danger have been
brought to a position of security. Had the chief debtors of the Eureka
County Bank been able to make good their assurances, which seemed
to be well founded, i, would not have been necessar to close the bank
at all, and the financial atmosphere of Eureka would be full of sun.
shine instead OF sorrow.
Nothing has yet appeared in print to change the view of The APP
peal as heretofore expressed that the Banking Board acted inteIigentIy,
the best Of motives, and did VIII a seemed to promise the greatest
good to the State under the conditions which existed. w have rot
the slightest doubt that Governor Dckerson and the other members of |
the Banking Board can fully demonstrate the wisdom of their course
and show the widespread disaster which would have followed a Der
.mptory order closing the Eureka Bank a year ago. Il
And comes the Godfeld Tribune, rock ribbed, iron lad bio
tied and unreasoning in its Repu bGcanism and hurls a brick at the
Governor because. as it assumed, he ordered the earnest of strike bre,L.
RS carrying concealed weapons This. of course. is intended to injure
he Governor with the employer class by making it ppe that his
ympathes are with the railroad strikers O the Tononab & Gold
cid Railroad. If his sympathies are with the strikers he seem to be