The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-06-19
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Is-t continued from rage OASs @
custom for the banks to pay their per
sonal taxes and deduct the same from
their earnings for the current year,
Be it resolved, that congress be re-.
quested to enact a law making 1T
legal for them to deduct the personal
taxes from their earnings and pay no
corporation tax IN the am
Resolved, that the members of this
association recommend h adoption
of the numerical system devised UNI
der the auspices of the American
Bankers association for recording and
transmitting items.
Whereas, the democratic, republic.
an and progressive parties in their
1872 platforms declared that flood pro-
lection of the lower Mississippi river
and the reclamation of its alluvial
lands was a national obligation; and,
Whereas, we believe these declara-
tons should be enacted into legisla-
tion and,
Whereas, we believe the protection
of this vast area from floods caused
by the drainage from ~thirty-one
states OF the union and its reclamation
will benefit the whole nation and is a
work of such magnitude that it justi-
1es separate treatment; therefore,
Resolved, that this association urges
upon congress the immediate adoption
of legislation for flood protection and
reclamation of this section of our
country, and by methods approved by
the United States engineers.
Whereas. the annual reports of the
postmaster general for fiscal years
ending June 80, 1910 and 1911, show
that first class (letter)( mail, produced
in the first of these two years a profit
of over SIS, 000, 900 and in the second
a profit of more than $62, 900, 1000,
which sums were entirely absorbed by
the losses incurred in handling other
classes of mail at less than cost Of
service;
Therefore, be it resolved, by the
North Dakota Bankers association,
that all users of letter postage should
be accorded, at once. a 1 cent rate
for the ordinary letter, and we, there
fore, ask members of congress from
this state to support, respectively,
senate bill No. 1882, introduced by
Sen. Theodore E. Burton of Ohio, and
house bill No. 1857, a duplicate there
of. introduced by Hon. John w.
Weeks. M. c., of Massachusetts, for
| cent letter postage. and we further
ask that they use their efforts to Sc
cure this reduction with as little delay
as possible, and certainly during the
present session of congress.
Whereas, this gathering has been
honored by distinguished guests from
eastern cities who have entertained US
by addresses, given us words of cheer,
encouragement and inspiration, there
fore. to them, this association extends
its heartfelt thanks.
Whereas, the entertainment which
has been extended to this gathering Of
bankers and ladies and guests lis high
ly appreciated by all, therefore,
BE 1t resolved, that we tender u
sincere thanks to the bankers of
Grand Forks, the commercial club, and
the ladies OF the city, for the kind
ness and courtesies extended by them.
Mutual Burglary Insurance..
The establishment OF a mutual
burglary insurance company under the
direction of the burglary insurance
committee of the North Dakota Bank
ers' association was recommended in
the annual report of the executive
council yesterday.
1t lis proposed that the committee on
burglary insurance make thorough
study of the question Of rates, etc.,
and report to the executive council
provision being made, whereby the
council shall have authority to proceed
with the organization of such com
pany.
Another matter which will be pre-
sented to the association late this aft
er1oon will be that of indorsing the
action OF the state banking board in
attempting to prohibit the establish
n1ent of banks under certain condi-3
tons. The resolution committee has
prepared an Endorsement OF the propo-.
sition, in accordance with the views
expressed BY Pres. r. S. Adams. in his
Iannual address yesterday,
81. E. Bfrdsell OF the North Dakota