The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1913-08-08
PRESIDENT INTERESTED
In OKLAHOMA IDEA
Weaver Prevents HaIe's Plan lCf
Payment Of Losses to DepOsi-
tors in National Banks
Com. il Impressed
az Q. 4. kUANl


Washington, Aug. s. Representa-
Scott Ferris has again sent out one
Of his characteristic straight from the
shoulder blows, against the sending or
carpet bagger" attorneys into the
state Of Oklahoma to hands tse thirty
thousand land suits an1 other fedora
litigation arising there Attorney Gen
eral McReynolds in reply to Mr. Ferris
first protest declared that there wers
some reasons why it was best for an
outsider to represent the government.
Mr. Ferris replied that the state has
been victim Of carpet baggers Tor
4 nineteen years and it is about tine the
practice was ended. He declared that
members Of congress have held OUT
ito their constituents tor many years
that just as soon as Democratic adj
ministration came into power there
would be relief from the carpet bag
gers and It now was un TO tho ad-
nnnistratlon 70 see that me eonditlon
was reetitisd
He declared that there were so4 en-
ployes Of the Indian agency at hEusko-
zee and 800 Indian employees ia az
western section d the sVaie. bIe per
cent OF whom were sent In from other
states. stating it would be an indis.
nifty to foist others on the common
wealth He again pointed out that
Oklahoma attorneys were able and
that they would and are better fitted
to handle any litigation the govern
ment may have in the state than an
outsider by reason Of the fact that
they are better acquainted with eondi-
tions. such legal business as the gov
ernment may have would be expedited
as a result. were they placed In the
harness.
President Wilson has expressed
great interest in the proposal Of John
NJ. Hale. an Oklahoma City banker
to create a fund for the payment ol
losses to depositors in national banks
! which fail. this fund being composed
Of accrued profits over and above the
five per cent dividends allowed mem
Der banks on their stock in the reserv,
banks. The dividend proposition al
ready is incorporated in the curreni.s
reform bill which is expected to b
passed at this session OF congress
I, Representative Claud Weaver OF Okla
! homa laid the Hale plan before th'
president. He also preached the mat
: ter 10 members OF the banking an'
: currency committee of the house ant
all these were struck with the feasl
i bility Of the plan
: President Wilson informed Nj
: Weaver that he would give the matte
1 most careful consideration. He deolal
ed it problemstiea as to what sort Q
profits reserve banks will make an
Z that he thinks It best not to enrnmbe
the bill in any way At the preseH
time. until experience shows what th
Il profits may be-
i Representative Weaver probably VII
y take up the Hale plan at the next sel
u sion Of congress or Sc soon as the q
n yelopments Of The new currency pie
Is warrant, and push It to the finls'
i many members Of the house alread
.to expressing themselves AS 10 the socF'
Is ness OF the idea II IS the plan q
90 administration. according 70 reiiao
10 information. 20 work out series
currency reform measures L neins ;
cosnized that ali points necessary i0
smooth working system probably 81
not Incorporated in the present me
sure. Only the actual working Of Il
~ bin viii show its defects and thl
x needed changes can be made BY AZ