The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1916-10-20

tht Board OF Rtgtuts uI this Iustt-
tnllgn as b scapcgont of real or
ihh'led sins Of omission or commits
al"u winch you apparently fear
may he charged to your admins
iihtiuu. The only other hyputhe-
sis upuu which Ibis action NAV Ice
explained is that uu have Ilst,acd
to the lule rnlumny ut personal and
political enemies ~ mine aud those
VINO seek their own salvation in
my humiliation.
You are the Governor OF New
Mexico Hud the officers of the
stat, Ranking Department are
creatures OF your appointment aud
subject to your i%uin,diut, uIrry-
tiuu aud cont rul. actually 10 not In
law You are eN-ufficio member
Of the Board Of Regents cot the
New Mexico college Of Agriculture
and Mechanics Arts and have acted
~ sutn capacity ana are charged
with Know edge ut and have per
auuHily huu fun now edge OF all
matters geImgue to the matters Ia
The First state Bank closed its
doors on tho gth day OF December,
ana from February until that late
NO representative either uf Yourself
or your banking department ever
came to the town of Las Crurcs or
made any examination OF the First
state Bank whatever to determine
whether those absolute conditions
had been fulfilled.
YOU were personally present
when the conditions were made
and gave YOUR fun assent TO them.
and you knew that no further step
was ever taken Neither you nor
any officer Of your banking de-
p~artucut ever notified or init
mated to me that the First state
Bank was either iusulycut or iu a
dangerous condition, although you
knew 1t was the depository of the
funds lu my Gust Our.
AFTER the above referred To, and
after the time when YOU ave lately
stated that the bank should have
been closed YOU stood by as an oN-
,|,ItiNr urd permitted a- "a Regent
my depositlug loo that bank every
dollar Uf the funds now rudan-
grred uy the failure of that iusti-
The Gentle Hand Of Friendship.
Let us 30 back to that fascinating
picture OF Governor Mcdonald and
Travelling Auditor Ernest in Las
Cruces January 30. 1914. gently child.
ing r. r. II. Smith and his cohorts
for lending 81 much Of the banks
money to themselves on skinny secur,
ity. or none at all. One can easily
see in the minds eye, the governor
beaming ~beneyolently at his admirers
on the directorate Of the First State
bank while his faithful travelling audi
tor mildly demonstrates with them for
letting the banks impairment soar
from So 10 100 per ent in less than
four months. The governor and the
travelling auditor told them they real
ly must try TO DO better In the future,
and with that the official pair packed
their grips and left town. Perfect
" satisfied
That aulaJ Eovarppr AFcn,poIgr. -
forts to prevent the First state Bank
Of Las Cruces from going under with
all the college money and individual
deposits on board. one days cursory
glance at the rotten bank and the gov.
crnor went back to Santa Fe to let
the thing perish. Perhaps the people
VI Las Cruces and the thousands OF
citizens who are interested in the wei
fare OF the State College owe the gov.
ernor an apology for making him give
up a whole day to that bank business.
Travelling Auditor Ernest was us
Considerate OF the tender se~asibilitiGs
Of Banker Smith as was his distius'
uished chief, the governor. Neither
one attempted To administer any re-
storatiycs to The First state Bank Or
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