Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1916-07-27
WOULD HAVE RAISED HE'LL"

Two weeks ago The Tribune appeale,
to the Dodgeville Chronicle man to ex
plain why National Bank Inspector
permitted bank of this city to col
| lapse as it did whether il was through
incompetency or wilfull neglect ant
If be could defend the receiver in hi.
management of the affairs intrusted tC
him, or those under whom he served. The
appeal to this source was because OF
the evident pleasure that paper took in
parading in auction bill type anything
pertaining to the affairs of said defunct
bank; and further, because the main
spoke of that paper is president Of a
bank chartered and under the same fed
eral supervision as was the defunct
bank, the inspectors, the receivers,
ETC., and therefore might be sufficient
" on the inside to throw such light az
would edify, If not satisfy, the defrsud-
ed creditors.
The Chronicle 'came back" all right.
Not>in the spirit of "how hot it is, -
appropriate at this time, but show
hot feel. There was no direct reply as
to Why head officials permitted their
favored hirlings to be so manoeuvrous
and slotbful, but there was misrepre-
senta lion and more or less slur. A vi
cious offshoot of stalwartism outshown
all Else in the ''come back" LaFol~
lette was all to blame had we Spoon
er in the U. S. Senate, he would have
raised he'll" etc. What an explana-
ton what q defense There have been
many national bank failures in this
country within the last thirty or forty
years, after inspectors have proved in
competency, and receivers have been
rushed to the scene to look after the
welfare (?) of misguided creditors, but
can the Chronicle cite single instance
where Senator Spooner Ia gentleman
The Tribune holds in high esteem) or
any other Senator of his ability and
makeup. ever raised he'll in protect
ing the creditors 1t is not known by
us whether anyone appealed to the u.
S. Senator'S for relief; but was it up to
the lambasted LaFollette as much as it
was to .Uncle Ike" to whom was as
signed, by the powers that be, the duty
OF looking after the welfare of Iowa
county constituents Hounding La
Foll;ySte for the time he has spent in
tryin 60 scalf Philip, with the insin-
uation that he ought to have been in
Washington wringipg the neck of the
receiver, ETC.. is short-fetched con-
tention. This political scrap between
LaFoilette and Philip on the governor
ship question has all taken place within
the last two years, and it was before
that that the remaining az per cent
due the creditors was hopelessiy lost,
notwithstanding that four years ago
conditions were such that at least rs
per cent could have been realized, and
that creditors generally were willing
to settle on that basis; but the receiver
or someone higher up decreed mo ~
And from the throne came the an
I'VE are too sensitive to
stand for criticism !" How is that for
red tape?
Where the Chronicle dealt in mis-
was in saying The Tri-
bune bitterly assailed certain trust
company. Any person is privileged to
come to this Office and prove by the
files the assertion to be incorrect. That
trust company was not mentioned other
than to give figures as kindly reported
by the company or to mention what 1t
had turned over to the receiver.
lii concluding with the insinuation
that The Tribune was an enemy of
Philip the Chronicle is again out of
line, Leave it to Philip. A Stalwart or
Bull Moose sayso doesn't make it so.
Whether LaFollette 10 or was a stock
holder in the trust company we have
no knowledge, nor do we care.
This bank business is something in
dependent of politics, something aside
from the duties of u. S. Senators. 1t is
a business assigned to certain depart
ment of our federal government, to be
attended to in way that insures the
safety and protection Of the people Of
the government.