The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-02-24

or go into politics is not known.
Lieut. Cecil Forter is an Their mighty
good man named for commissioner of
streets and has had much experience
in city engineering.
Captdin Tillotson is most worthy in
every respect as man and a soldier.
However, he has refused to run, say
ing he could not afford it.
The questions for Topeka people to
decide are rather numerous. First.
we must take the best care of our
soldiers and find good places for~them.
Second. we must put capable. trusted
men in ch"rge of city affairs. Third,
we must not go back to politics, but
must select the best men, givir~ due
consideration to the soldiers. to the
labor unions and to other interests.
There is certainly doubt if it would
be best for the soldiers themselves,
or the labor union people themselves
if we put all of our offices in the
hands of the soldiers or all of our Of
fees in the hands of the unions To
be entirely fair we must represent the
various interests.
In discussing with other senators
and a reporter for the Topeka State
Journal an article in which the Topeka
State Journal said it was understood
that the senate committee on banks
and banking stood seven to three
against the state bank bill, Senator, J.
r. Anspaugh said:
"If Mr.. MacLennan does not watch
out he is going to lose some good
banking business
Senator Anspaugh asked where the
Topeka State journal got the informal
ton that the senate committee on
banks and banking stood seven to
| three against the bill, and was told by
the reporter that the information came
from a member of the committee. The
reporter did not tell Senator Anspaugh
| the name of the member of the COM
| mittee who gave him the information
because said member had requested
| that he be not quoted.
Senator Anspaugh should know bet
| ter. If he stays longer in Topeka he
| will be informed. He cannot keep the
State Journal from speaking out it's
convictions by threatening that de-
posits will be Withdrawn from the
Kansas Reserve State bank, of which
| the writer is vice president; neither
| that nor any other bank dictates the
policy of this paper; in fact, the writer
| got into the banking business by acct
dent. He does not claim to be much
of banker. He only spends about an
| hour a day at it and has been doing
that for the last two and a half years.
| His business is that of the newspaper.
Ba mixing is interesting. We got into it
| to help the city, but that's an old story
All the banks in Topeka are now pull
ing for the best interests of this city
| We all want to make this a great
| financial and commercial center.
Senator Anspaugh is prominent in
| the senate, is first vice-president OF
the Kansas State Bankers association
and will probably be the president OF
! that organization next year. He ought
to be more careful of his statements
Meanwhile the bank with which Mr.
| MacLennan is connected is growing sc
fast that the present force is over
| worked in taking care of the business
1t takes care OF it well, but the bank
needs more help and has got toe have
it.
The convictions of the senate fl
nance committee, Senator Snyder
chairman, are undoubtedly against the
experiment of establishing a Stats
Bank of Kansas. The only question is
has the committee the courage of it.
conviction. If the majority of the
committee were in favor of the bill, il
is no doubt it's friends would insist il
report it favorably. If the committed
were equally divided. it might report il
without recommendation. The fac
about this proposed bank for the state
of Kansas, wherein all the moneys OF
the state should be deposited instead
of in 100 banks as at present is tha
there is wide diversion of opinion
| Many eminent bankers of the state
differ. for instance:
/ President Cobb of the Bank of To
peka is a strong advocate of the state
bank bill while w. w. Bowman OF
the same Bank of Topeka is strongly
opposed to it. When everything is
said and done for and against this pro-
posed bill it seems pretty evident thai
what the state legislature might dc
with great propriety is this. request
congress to modify the federal reserve
act to give state banks of less thar
$4,000 capital a chance to get in and
enjoy its privileges. There are 1,054
state banks in Kansas and over half OF
them cannot come in because they
have a capital of less than 5000
Congress can easily make this slight
amendment to this law and make
many banks happy and do the country
&c cd.
Meanwhile there should be no more
such speeches made as Mr.. Dolley
made at the bankers banquet the 9TH
| or nipht uhereip ba was Ir,1ost NINA