Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1910-04-30

promoters Of these institutions, and
none should be allowed to be licensed
unless such rs could show assets ample
for the carrying on Of their business,
sufficient to cover the amount Of their
deposits, and sound and substantial
enough to thoroughly protect their
depositors.
There can be no question as to the
right and the Justice Of the city to
exercise such power under properly
constructed charter provision. II the
city has the right to regulate plumb.
ers, to regulate engineers. to regulate
the electrical business. to regulate pawn.
brokers and the scores Of other busi.
ness enterprises and industries over
which It exercises unquestioned super.
vising powers, II certainly has q per.
feet right to regulate the banking bust.
ness, which II 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 a contrary
kind INDUCED In BY small, irresponsible
speculative concerns only results In
failures that involve injuriously the In.
teresta Of the entire community. How
often have we seen II that the failure
Of one Of these little banks. started
upon insecure and irresponsible founda.
tions, and doomed by fraudulent and
false representation, 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 fnanciers. should be of 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 othel
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 oveI
TO concerns that have not q single
banker connected with them and who's,
leading men have been grafters eithe,
In political or private life. and who al
ways have their hands out for easy
coin.
Homer E. Tinsman. the able lawyer
and former alderman, is In line fol
election to the Superior Court bench.
John ]. Coburn would prove a win
ming candidate on the Democratic
ticket for Judge Of the Superior Cour
next fall.
Alderman Herman ]. Bauler ha
made one OF the best Aldermen eve
in the City Council. and he woul
make a splendid sheriff OF Coo
county.
>6
Edward Osgood Brown served tn
people honestly, fearlessly and ably a
judge o. the Circuit Court, and hi
nomination for the vacancy on tina
bench next fall by the Democrats will
result in his election by big plural
ity.
John J. Bradley. the popular forme
Alderman and real estate dealer of tn
Thirtieth Ward, is the choice o
thousands OF Democrats for the shriey
atty nomination this year.
No one has suggested that the col
lectors of the Harrison campaign
fund use bell punches.
The right man for the Democrats Il
nominate for the vacancy on the Cir
cult Court bench Is former Judge Ed
ward Osgool Brown. His grand rec
ord before on the bench and his wide