The Owosso times. (Owosso, Mich.) 1897-1926, 1910-02-18


Pres. d. w. Nation. Club sang
No. IA from club song book. Rev.
Ostrander Of Bancroft conducted the
devotional exercises, reading the
first Psalm. The president called
for unfinished business.
We were called to order after the
dinner hour and listened TO debate
Government Guarantee of Bank De-
posits VS.. Postal Savings Banks. +.
d. Leland thinks that government
guarantee of bank deposits far SUI
perior to postal savings banks. ut
would be DO expense to the govern
ment at, all, but would be borne by
the banks in general, just the same
as the national bank certificates are
guaranteed by the government. 1t is
far superior in being beneficial to
the public in doing banking bust
ness with checks, which service you
would not get in postal service. If
the people in general had confidence
in the banks, knowing they were abb
solutely safe, the people would pat
| ronize their home banks where tho
| postal savings system would have
| tendency to drive the money or saw
| ings to the large money centers.
| The country banks cannot afford to-
give bonds to qualify themselves to
| the receiving of postal savings de.
posits. My opponent will claim that
it will cause wild Cat banking, but
! it Will be the very opposite. The
banks themselves will have to bear
| the expense and will keep very
| keen eye OIL one another and be sub
| iect to inspection by bank examln>
ers. With the government guaran-
tee Of bank deposits the people
| would have full confidence in the
banks and as business is built on
confidence such confidence would
avert panics such as we had in
1901"
F. ID Clark: Postal savings
banks are the poor mans bank. A
man goes to the postofflce and de-
posts few dollars when he would
not think of going to the bank with
the small amount, and in that way
start a saving of his money. Espec-
| tally foreigners have no condolences
in our banks at all and will SEMI
their savings home to their native
J land rather than deposit it in our
! banks. This is no new experiment,
for many of the foreign countries
have adopted this form OF banking
which meets with great success.
Many of the leading men of our state
and nation are in favor of the postal
savings banks. My opponent
claimed that postal savings system
would have a tendency to drive the
money from the small towns to tbs
larger money centers, but it is not
the case. Each postmaster must de-
post the money with the local banks
in his community. BY this means
the money would he in circulation in
the immediate vicinity"
We enjoyed vocal selection by
Mrs. Edith Mccullough.
c. A. Whelan presented the sub
ject: Evils of the Liquor Traffic"
| would not attempt to go into the
details Of this broad and deep SUBJ
ject. All the tongues and pens of
this land could not picture the hor-
ror of this traffic. We owe a duty
TO the coming humanity and genel-
alton and shoHld vote for local op-
ton even If it does not affect our
selves. Do our duty at the ballot
box in the coming election. Many a
man thinks he can control his hab-
its by drinking few glasses of liq-
uor at his pleasure and not let it
get the control of him. 1t has a bad
influence by leading young man to
taking their first glass of liquor,
which leads to their final destruc-
ton. l have often thought that II
the $4,000, 100000 that is spen,
each year for drink was to go
through legitimate channels of bust,
ness, what a blessing it would bring.
Local option may not abolish Liquor
entirely, but the closing the saloons
will be step in the right direction
for many young man with bright
prospects before him has formed this
liquor habit by going into the local
saloon with social companions to
opNhu hOui' Wioh W lCoS
upon the mind of every voter here
today to do his duty at the coming
election whether he has boys grow
ing up to form this habit or not. If
not, protect your reighbor's boy ano
vote for local option.
Mrs. Hulon Rippey gave vocal
selection which was enjoyed by all.
e. Hoisington had charge of the
question box which brought forth
lots of fun and some serious thought.
No. 1. How old does one have to
be to join the Old Settlers Society?
j. u. Leland. % years old and 20
years residence In the county
No. 2. What. do you think of the
jury commission? T. Cooling. Don't
understand enough about it, A. Il.
Cook Commission consists of three
men from the county to draw the
jurors instead of the supervisors do. |
ing It,
No. 8! Flow can the farmer main,
tain and promote the rural mail? |
A. B. Cook. 1t Is already main !