The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-04-11

1--WE hope that in a remodeled bank
ing system first class commercial pa
per and first class A. l, commodity pa
per will be the largest part of a solvent
banks reserve. They are both in har-
mony with present day active business
and are both of them quick assets.
obviously redemption in gold and
silver in times of panic is inadequate,
impracticable, and impossible, and at
such times the necessity is at once
apparent for the issuance of clearing
house certificates
What were supposed to be five min
ute talks, but which were spread out
over a longer period of time, We're
given in discussion of this paper by M
A. Householder, of Columbus P. E.
Laughlin, Assistant State Bank Com
missioner Will WayIand, of Emporia,
and George W. Robinson, of Wichita.
Keep Reserve for Kansas.
1t was the general sentiment among
these speakers that more capital
should be carried in the state banks of
Kansas instead of sending it east. Mr..
Householder said: Garry capital in
our 1tate banks instead of in the east
and develop Kansas enterprise. Let's
carry our own reserves in our banks
and build up Topeka and Kansas City,
w. E. Wilson, of Washington, who
was in the senate. during the recent
session of the legislature, spoke on
Experience of New Member of the
Legislature"
He said in part:
when a person first commences
his legislative campaign he always in
sists that his friends are responsible.
When the campaign is over, if victor
ious, he receives the congratulations
of his friends with the remark that
he made a great fight, when, in fact,
it is not the candidate but his friends
who have fought his battle for him
and have done the good work.
The Banker Members First Session.
THE day of first session opens and
the new member is told that this is
the opportune time to present his bills
and get his name before the public.
He rises in his seat and feeling the
of his position says: Mr..
President But for some reason his
voice doesn't carry very far and the
president recognizes the older mem
Der from the neighboring county. He
tries it a second time but when the
comes after the first
days session he is still strange to the
eye of The presiding officer, who for
some reason cannot find the time to
look his way.
THE second day he succeeds a lit
tie better and gets his bills introduced.
Later he visits the chairman of the
committee who is pleased to inform
him that there are other bills of the
same nature presented by so and so
and as he is an older member, his
bills are reported out first and the
bills of the new member are killed.
You have the member who thinks
it is his duty to introduce bills regu-
lating all ailments of mankind both
financial as well as spiritual. We even
had a member who Dragged that he
Is per cent of all the bills
in that one body of the
present legislature.
There are the important chair
of the committees and L
will frankly say that the chairman
practically controls the committees.
But I happen to know of one commit
tee in which the committee controlled
the chairman
The speaker paid a tribute to the
newspaper men who reported the pro-
ceedings of the senate.
Several other talks were made in
the course of the day including a dis
cussion of the subject Banking Flu
ture of Kansas by J. N. Dolley, ex-
bank commissioner of Kansas.
William Macferran will be chosen
as the next president of the Kansas
State Bankers association late today
if the prediction of many of the mem
berS comes true.