Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1914-01-30

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= their stock can hardly be bougf
ct all; and that Tom Heard Ia
told, last year, that the Bank
/ Brooksyille had thought Of ds
3 claring 100 per cent dividend al
( did pay 10 per cent this year; an
\ the Bank Of Macon had made D
2 per cent this year and isSin bette
4 shape than it had ever been tina
o all these good friends sofI min
1 could we'll take care Of th4mselves
! still Thought itmy duty to lool
after the depositors and try t
have the bill so framed that n,
$ man in Mississippi would lose
2 dollar that he put into any bank
But whether / voted for it or no
was a small matter for I believ,
the legislature was overwhelmingl,
! In favor of this measure and
Wrote to. our bankers that all the,
could do would be try and get til,
bill written SO as to be as least OBJ
|jectionable to them as possible
4 The bill IS in the senate how and
II understand that the senate will
Iapprpve tie guarantee feature, al,
\ lowing it to be optional with the
banks about coming under the
|law and allowing no bank to come
under the operation of this meas.
lure without being. thoroughly ex-
amined by all the bank examiners
land recommended by them. This,
Understand, is like the Kansas
lbill which / am told, is working
1well. The Senate itself has made
1.-THE bank examiners elective. /
favor this feature as I want all of
lficials elected by the people. Some
said that the people would not be
competent to elect q bank exami-
|ner. Why, these examiners have
to pass a rigid examination by a
committee Of bankers and no one
is allowed to become q candidate
for this Office without being recon-
mended by this Board, just like
the Superintendent of Education
has to have, certain qualifications
before he can become a candidate.
Take all the appointing power
from the Governor and other Off
cials that we possibly can.
wv had i jdnketing trip 10 HAT
tiesburg last Saturday and / felt
well enough to go and did 90 in
company with my daughters, Mrs. |
Allie Swami and Mrs. DR.. Robert.
We had a splendid time and our
Mr.. and Mrs. Shumaker
and Frank Foote and his wife
made us feel very much at home
indeed. All the Macon boys were
attentive to us, and Fletcher Jack
son insisted on my using his fine
horse and buggy while, there.
Hattiesburg has certainly done
herself proud in contributing and
erecting the splendid buildings at
The Normal College, costing some
$500, 100000 and then, to show
,heir progress and that they had
made good, inviting the whole
and their. friends down
rec of expense and giving them a I
inc dinner at the college, which
President Joe Cook assured us ,
,ost only 1918 cents a plate. II,
old some of them that Macon had !
very kindly feeling for Hatties-
,urg because we had sent some of !
'ur best young men down there; :
hat they had no banks until Ma
on men and Macon capital started /
t, and that we sent Tom Ferguson Q
own there to boom their real es- 4
ate, when he had to give an In i
ian ball game to attract the t
rowd and did not have to 90 far a
rom Hattiesburg to get the In. 0
ians; and they could not get as r
lany brick as they wanted until t
1e sent Tom Crymes there to bnrn b
hem for them; and just thinkt u
hat this bank, First National, Ii
ow one of the largest in the state, Il
as started scarcely twenty five
ears ago-the only bank at that Il
me between Meridian and New n
'rleanSl Il
The Trustees of the Normal o
chool want one more dormitory "
nd although we all very much "
ppose building any new buildings b
lis year, I think we ought to W
nild this one for them as we new Of
: have built one there. ct
Last summer I read an article kl
ating that Judge Whitman, chan
,llor Of the I'd district, had al W
wed a fee of 800, 900 to the two I'll
,ceivers and two attorneys Of the b,
sfunct Union Trust and Banking
D. OF Meriaian as a partial pay W
ent for their services. As no VI
le seemed inclined to do so in m
oduced joint resolution in Is
ructing our investigating COM hi
ittee to investigate this at once
i'd report back their findings to re
and il the report was true and W
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