Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-06
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What % they DOT They supply
things demanded BY the needs Of the
people, In . vast. majority Of cases
these are things carried In stock by
the local merchant who does every
thing the mall order prince does not do.
What the mail order house does II
to take the cream. The railroads years
ago built q rate wall around Iowa to
keep manufacturers out and thus made
Iowa a dumping ground for eastern
manufacturers, enrichinE themselves
from the revenue from the long haul.
Now with the blind consent OF Iowa
people the mail order houses are grad
ually driving the retailer and the job
Der out OF business. II we lend our aid
to the support Of the schemes Of the
mail order houses we give our consent
to the elimination OF retailer and job
Der. What win be left when they are
gone? What will be the value Of Iowa
farm land? What the, value of city
property? How keen the competition OF
Jobs for men to all? What viii there
be here for the sons and daughters OF
Iowa?
The enrichment Of the mail order
dollar for better roads. for Improved
house spells the impoverishment Of
Iowa-depreciated value OF everything
in Iowa.
YOU WILL HAVE TO DRAG EN-.
IBelle Plain Union.l
Assistant Attorney General Fletcher
of this state has called attention to the
fact that under the new law. which will
be in full operation next summer, the
dragging Of the roads is made compul-
sorry and the township trustees who do
not attend to this matter are liable 70
indictments The trustee who does not
intend to see that this part Of the Law
is enforced would do we'll to resign this
winter and escape probable indictment.
But If they intend to observe the law
and see that 1t is oheyed they ought
to begin the serious strdy of the King
drag. which is the iegaliIed instrument
for working the roads in town. There
is a lot in learning just when to drag
the roads. 1t should be Cone whi.'e they
are still moist after the rains. That
levels them and fills the track that
may have been made. 1t keeps the roads
ridged and crowned and the water will
run of. il any more falls.
1t Is said that around Co-ydon, where
the drag law was enforced this sea-
sor the roads after the f-osses were ar
smooth as pavements In cities and as
passabie We have this from the lips "f
a man who drove over :hen, IN an au-
torlobile That is the kind of roads that
we ought to have al! over Iowa next
sun,ner-and we will have them If the
roads are properly drained and crowned
and then dragged as by law made
compulsory.
NEBRASKA BANK GUARANTEE.
Lsioux City Tribune.1
The Nebraska banks have .prospered
under the bank guaranty laM. Her ss'
state banks have s2.2oe.675.a5 more
deposits than they had a year ago This
in spite of the. fact that number OF,
state banks nationalized to evade the
guaranty act.
The state banks have, a74 10000 Of
deposits and an average reserve OF ~
per cent according to- the annual re-
port Of Secretary Royce. ossthe state
banking board. and this reserve Is 8
per cent higher than a year ago at
this time. 81
The report shows the state banks OF
Nebraska in excellent condition 1t is
one that the heads nj great banks In
the greater cities Will read with much
interest It advertises the state as rich
the people PROSPEROUS and secure, the
y,opkoru pru6enf and a1<illful.
The existing central banks. II they
may be so called. without doing vio-
lence 20 the one 1t is proposed to es-
ia blisf. will learn from this report that
the west. which they appeared to fear
might provoke a panic because of crop
failure, is making money. The In
crease of deposits hasanore than kept
pace in Nebraska with the demand for
money. but if the tax laws, continue to
improve. and encourage money to re-
main it will not be long until the taxes
from. investments in other lines viii
much more than compensate the state
for any decline in its revenue from the
tax on money.
There has been no bank failure In
Nebraska during the last year and only
one failure in the last seven years, and
that a small bank that finally paid SO
per cent of its liabilities. Neither have
the national banks been adversely at
fected by the state guaranty law.
The trial OF the law SO far disproves
the evil effects prophesied and the
1851, 461 guarantee fund now on hand
to pay any losses that may occur
makes the depes!t!ng public have more
confidence than ever before In the
banks of Nebraska. II would also seem
a good thing in the test of the guaran-
ee that those state bankers who were
violently opposed to 1t have gone into
national banks.
Time, and the intelligence displayed
by the state bankers in controlling the
state banking board and in every par,
ticular which affects their business.
will determine whether they are to
profit to any great extent by reason
Of the guarantee of their deposits.
! National banks have had an adyan-
tage in seeking deposits because OF .
common belief that the federal gov
eminent il behind the national banks"
This is only true. Of course. In the ex-
tent Of periodical examinations and a.
to their notes. State banks have had
similar examinations, but state banks
have not gained from the publicity
given the reports OF their banks a.
much as the national banks have. This
| has been due to lack of enterurise or,