Bisbee daily review., 1911-10-25
BUSINESS MEMS MOVE FOR MONETARY REFORM.

There Is naturally much opposition to Senator Aldrieh's currency reform plan as there would be to any plan contemplating sweeping changes iu the existing system. Some of this crit icism is intelligent and honest for un doubtedly the Aldrich plan is sascepti ble of improvement. but much of the criticism especially that which ap. pears in so-called progressive news papers is offered by those to whom the name of Aldrieh is sufficient to damn his plan
 But there is one thing upon which bankers and business men have been for some time ageed ana that is the necessity of a change from the anti. ouated and always inadequate bank. ing system Of the country. This need is now being realized by farmers and by all classes of thoughtful citizen who are coming to understand how closely all are knit together and that any system whieh facilitates or fails to avert financial depression is a bad thing for all
 A strong move in the direction of monetary reform ,qas begun in the organization of the National Citizens league cs the Arizona section of which afr. Hugo J. Donau Of Tucson is the president
 An interesting interview has lately been printed by the Journal Of Com. merce and Commercial Bulletin Of New York. with Nr. John Ciadin tho lresident of the New York state branch Of the Ieague who generally states the purpose Of the movement by those engaged in commerciai and industrial pursuits to be the promot- ng of a change in our system of banking end currency which shall place it on 8 sound and enduring basis and to collecting and diffusing infor- nation whirh shall enlighten the pub. lie mind on the subject and bring it to right conclusions"
 There must come a realization. il Is observed. that banking is the ser want and not the master Of the bust ness world. necessarily a fact, since it came into being 10 serve the Eeed9 of society and not to control society.
 This is a problem says Mir, CIaf- lin. which concerns every business nan. Every farmer and every wage oarner." for upon its solution depends lhe stability and safety of production and trade. the security Of credit, the safety of wage and profit"
 While we are not informed as to the details Of the plans Of the league if in fact. il has arranged any de tailed program. thiS excellent feature Of it appears: it ts committed to no plan that has so far been suggested T. Is entirely independent Of the banking interests and is uon-partisan one ofits purposes being to keep this important subject out oI politics and 10 impress upon the country is com nunity Of interest in the proper so lution of a problem in which ail arc concerned.
 Says the Journal of Commerce. "The League has settled upon thre' principles. The preservation Of the in territy of individual banks. the fed eration 0fthese in manner to mak' it possible to earrr into effect meas ures that involve credit trsnsactiOHl Of national aeope and to prevent ; solid front when tbe stability ot th' legitimate business Of any section O the country is in danger and the ac complishn.ene or this through an O. ganization which shall le absolutei, protected against ambitious financia control by any class or section ant rlaced beyond the reach uf pOliiica influence. And as it is pat by Presi dent Farseli and by President ClafiiI 0f the New York branch n almcs identical words We do not helieT' in a central bank doing genera hauking business, but we d7 belisv' In shat has been called nationa reserve association controlled an' managed SO as to represent the dem ocratic spirit and the sound common eeHse ol the aaiion