The Tabor independent. [volume] (Tabor, S.D.) 1913-19??, 1915-08-05
Making a Mountain out of an
~ Ant-Hill!

is the task undertaken by our competitor. But whether they can
make people believe so, is another question. AS appears from
their recent advertisement, our competitor would like to make the
public think that this bank was an extortioner until they appear
ed on the ground to save the people from heartless oppression.
Well, Well Everybody ought TO be getting rich now.
Against the unwarranted and misleading statements of our
competitor, we submit the following facts:
Our prevailing interest rate has always been 8 per cent, as every
one knows who has done business with us. But we do not charge the
same rate on a $40 loan as we do on a large loan, aud there is also a diff"
ference n classes OF loans, depending on time of loan, financial cOndt
lions at different seasons and other circumstances The largest AID
best governed banks in the country vary their rates according to condi-
tlons, About so per cent of our loans are carried at the 8 per cent rate,
and we have never made II per cent loan with the exception of very
jog q several thousand dollars each Year Comes in that u competitor
Our exchange rate used to be is cts per hundred, we admit. This
was exactly one half the rate on Postal Money Orders, on which the
rate is still 80 cts per hundred The fact, however, Is that most drafts
purchased bypeople re for smaller amounts ranging under $50, on
which the fee was and is from 8 cts. to 10 cts. per hundred, which is no
more than is now being charged by practically every bank in this Sec
tion. People do not expect something for nothing, else why do so many
of them buy postal money orders on the basis of 80 cts per hundred?
often q as eS meIsSy s % les n're' n Tree Sci vice is nO' usually the best It's
We charge fair and reasonable fees for notarial work. If the fee
for drawing any certain paper is not worth more than so cts. we do not
charge any more, but we have no so cent measure on all the papers we
draw up Our reason is the same as that of the merchant who charges
more for 10 lis, of sugar than he does for pound. And when it comes
to being accommodating in small matters we are not in the back seat
either.
We have neve charged exchange on checking accounts except the
accounts Of grain and stock buyers. Our competitor has been doing
the same. ..-,~
We have never charged business men for check books except for
surely no extortion about that
taxes. Our charge for each additional description is and has been sets
We have never charged farmers exchange o cream checks when
the companies paid us for cashing them, and we have not charged any
such exchange on any cream check whatever for years-lOng before the
second bank was started here.
We have never made any attacks on our competitor, and we resent
their making unwarranted and unjustifable attacks on US, and we be-
ieve the public will always hold with us on this proposition.
This bank has been conducting its business in a square, fair and
honorable way for Is years and the principal officers we're engaged in the
mercantile business in this town for many years before that and have a
record for fairness and honesty in business that they need not be a
shamed Of, and we defy attacks on US by untrue and misleading state
ments inspire ed by a newcomer and made with the evidently malicious in
tent to create a wrong impression Of our business methods.
The Tabor State Bank
JOS, v. WAGNER. President
james A. Wagner, Cashier. F. J. Frana, Asst Cashier.