The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-02-10
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I" Anent The Guaranty Law

fA'iNi'A tfN 0fbi' 'HNy L1W
(J, Roy Williams. Author Of Guar
I anty Law, in Lawton Constitution
The Guarantee Bank Journal.
styled Official Organ Of Oklahoma
State Bankers Section published al
Y nta, Oklahoma, and edited by W.
Nj Malone Under editorial com
nlent prints the following pa agraph
"The Honorable William Murray OF
Alfalfa fame wants to be governo,
OF oklahoma, The worst kind, SO sa,
his friends. There are hundreds Of
Oklahoma state Bankers and ihous
auds OF depcsirors who would like
70 know how Alfalfa BIZ stands on
the deposit guaranty law. II ia
vaguely rumored that the aspiran
for guhernator'al honois was as 81
lent as tho grave On the subject II.
the days Of It's early struggle"
The gentleman who wrote the fore
going paragraph Is very much mif
taken as 10 Mr. Murrays attitude NJ,
on Ohlahoma's famous bank guarar
ty law The law had no more distir
gnished champion in the First stat,
+ legislature than MI Murray, thp
speaker
4 II was the first bill introduced b.
the writer and one OF the first bill
introduced at The session. beinY
House Bill No. H. Mr. Murray gay,
the measure every consideration an
was anxious that it be advanced a.
rapidly as possible as It was a ney
idea in legislation and had it been de
layed in the house would have beer
subjected to the powerful oppositioi
which has since hsrassed the lay
and those charged with the duty O
its administration.
When Mr.. Murray understood tha
the writer had such measure II
preparation he insisted in placin.
him uDon the committee on banks
banking, loan and guaranty compaN
les, and he watched the advancement
CT the measure through the hous
with keen interest. When the bill
was before the house for discussio
the speaker left his chair Joined ths
friends OF the measure and assistet
in getting il 10 a vote without ans
Injurious amendments being tacke
on.
Mr. Murray did not favor one prt
vision of the bill He objected
the membership constituting the stat
banking board and while the write
as author of the measure was conyiu,
ed of the correctness Of Mr.. Murray
objection ii was believed that l.
change the personal OF the boar,
would endanger the passage of tht
bin through the senate In fact th,
lieutenant governor had already
framed up TO hold tho pill up in the
senate if he was not included in tn,
membership of the state bankini
boatd.
Mr.. Murray would have made bu
one change in the bill, had he hay
had his own way about it and tha
would have been TO have stricken thi
lieutenant governor from ihe bank
ine board aud subsequent event.
Fave proven the wisdom of his cours
as the lieutenant governor later IN
9uccd Inc board to pay him a SALARY
which III the Judgment Of HE write
'a The only criticism that will iusll!
ic against the administration of llt
law This salary WAS discontinue,
seyeral months ago.
Fl Mr. Murray was finally induced
Nqye his objection 10 The board. ut
Indicated his anxiety in discussini
The measure That the interest of III,
small banker as against ihe larecl
hpnker be protected 70 the utmost.
Mr. Murray's position upon tb'
Guaranty law is matter OF histori
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