Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-02


to be to keep on talking.-Nevada Rep
resentative.
The editor of the Representative does
not think any better of the Germans
than the editor of the Iowa City Re-
publican thinks of the British
Whereas Uncle Dave Brant disap-
proves of Great Britain as an alder
and abettor of the southern confed-
eracy, Judge Payne looks upon Ger
many as "the worlds greatest enemy
At least that is what he dubbed her
Just after the outbreak of hostii1ties.
AS the Iowa City man sees IL Presl-
dent Wilson Is giving Great Britain
all the best of it. because he was born
in Virginia and hates Germany lot
the aid Germans rendered the union
cause The Nevada man, on the other
hand, expresses displeasure over Presi-
dent wilson's policy Of extending his
negotiations with Germany. and init
mates it is about time to get action
on his thrice served notice to Ger
many that the United States viii not
stand for the German methods Of SUD
marine warfare.
1t is hard to please everybody.
Perhaps the editor Of the Represen-
tative never quite forgave President
Wilson for falling to take his advice.
along about the time the Germans
seemed to stand some chance OF get
ting Paris-to seize all the German
ships in Unite. States ports and set
them and other ships to ferrying some
half million men to the place (Ffance)
where such men can be doing the most
good as safeguards Of freedom. With
all due respect to the militaristic Ne
vada editor. 1t Is possible. however.
that the average American citizen Will
be just as we'll pleased II. in prefer
ence to shipping any American boys
into the European war zone. President
Wilson will pursue any other policy
that does not involve sacrifice OF vital
national interests.
PRIVATE BANKERS GIVING IN.
dubuque Times-Journal]
Private bankers of Iowa ore begin
ming to see the handwriting on the
wall. OF thirty EIGHT new banks
chartered by the Iowa banking de-
| par.ment since Jan. !. 1915. eighteen
| were formerly private banks. In adj
dition many other private banks are
preparing to qualify as state banks.
Since agitation to place all banks
!
| been difficult to esta blish a private
bank in Iowa. 1t is becoming APP
parent that it viii be impossible for
! the private bankers to much longer
(, prevent the passage Of law provtd-
ing for state inspection Of private
banks. Efforts in this direction have
been thwarted by the opposition OF
private bankers who have maintained
powerful Hobbies at the SESSIONS OF
the legislature. The activity of this
private bank lobby has become SO
notorious that it amounts to scan
dali The next session of the Iowa
assembly is expected tn possess cour-
age enough to guarantee protection
to all bank depositors by providing for
state regulation Of private banks
Hence II may be expressed that the
number of private banks changing to
state banks will increase.
The danger of allowing private
banks to operate without state regu-
lation does not become 40 apparent
until one of them fails ard the de-
4 positors lose their money. Then there
is great agitation until the affair dies
out. Occasionally private banker Is
sent to prison. but In all cases the
depositors are left holding the bag
/ What GepOSitOrs want Is stronger
guarantee that their money will be
; safe. The protection held out t.
them BY the criminal law is trivial.
COURTING FAILURE
Manchester Press.]
A merchant in one Of the towns Of
northeastern Iowa went into bank
ruptcy the other day. There was one
reason. and one only. for 1t. He failed
to Keep books.
It developed that this merchant
knew little more about the inside
facts OF his business than al, outsider
He knew when he had enough money
ION hand to meet his current bills, and
that was about all. To save his NE
lhe couldn't tell within q row Of appls
4 trees how much was owed him BY MI
Il customers. He didn't even keep
bank book. dumping his money init
i the bank without going to the trouble
OF making out . deposit slip. Ths
result was that he was OverdraWi
| most Of. the time and paying interest