Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1910-01-29

brokers and the scores OF other busi.
ness enterprises and industries over
which 1t exercises unquestioned super.
vIsing powers, 1t certainly has per.
feet right to regulate the banking bust.
ness, which IL Of far more Importance
than anything in the line Of business
In the city. because upon the Legitimate
and honest business methods Of these
institutions depends the welfare Of the
entire city in its business and CONNER.
cial life. while methods Of contrary
kind indulged in by small, irresponsible
speculative concerns only results In
failures. that involve injuriously the ir.
terests Of the entire community. How
often have we seen It that the failure
Of one Of these little banks. started
upon insecure and irresponsible founda.
tions, and doomed by fraudulent and
false representations, have dragged
down to ruin hundreds of good. hard.
working, thrifty and deserving citizens.
The licenses Issued by the examin.
Ing board, which, Of course. should be
composed Of responsible citizens and
able nnanciers. should be Of q charac.
ter that would be absolutely prohibi.
tive Of all schemes and projects for the
establishment Of phony concernc Of this
kind.
This would be welcomed BY all sound
and responsible banking houses,
whether private or national.
Banks like the Hibernian Banking
Association, the Graham 4 Sons. the
Union Trust Company. the South Chi.
cago Savings Bank. the Commercial
National, the Continental National.
Drovers Deposit National. Illinois
Trust and Savings. the Fort Dear.
born National. Northwestern Trust
and Savings Bank. South Side State
Bank. National Bank Of the Republic.
State Bank Of Chicago, and other
banks that have weathered every
panic and every storm for years de.
serve well Of the people Of Chicago.
And yet foolish people pass them by
and hand their hard.earned money over
to concerns that have not a single
banker connected with them and whose
leading men have been grafters either
In political or private life, and who al.
ways have their hands out for easy
coin.
The Harvester Trust Is running
things with high hand.
What does Mr.. Weston get $4,000
per year for hts traction work for the
city. Since when did engineers become
80 valuable?
In the meantime the Sunday closing
fanatics are getting ready to force q
fight In the spring. They will be sorry
when 1t Is over.
The appearance Of that dreadful dis.
ease. pellagra, at the Peoria insane
asylum, would seem to indicate gen.
eral dis: egard for the health OF the
poor inmates. The authorities say
that 1t was caused by feeding "mouldy
corn" to the insane. Both this, and
the outbreak of the same disease at
Dunning. is blight on our civiliza-
tion. Yet nothing Is done towards
furnishing the guilty parties.
Harvester Trust politics won't do.
The basic principle of the trust Is
for the good of some of some of the
people at the expense of all of the peo-
pie
The small taxpayers OF Chicago for
years have been forced to assume the
principal care and cost of government,
while the rich tax dodgers enjoyed the
pleasure OF shouting for reform"
Every two years the people of the
Third District hear OF their Congress.
man. Election time. of course.
Why should elections for Municipal
Judges be held in the fall? All NUM-
cipal officers should be elected In the
spring.
The brewers paid two-thirds of the
internal revenue taxes In Illinois last
year.
The Harvester Trust Is In the same
boat as the Standard Oil Company.
The same decision hits them both.
/
Pellagra Is disease caused by poor
food. filthy surroundings and lack OF