The Butte daily bulletin. [volume] (Butte, Mont.) 1918-1921, 1920-05-10
Union Credit Banks


The worker is beginning many fact
IS that the private control Of money private banks
robbery Of the people, 1t means higher prices and su
ering and that high prices will robbery stop
ped scatterbraned Socialists pretty well
aware OF this fact but great number Of people think that
bank kind of sacred place in which workngman sup
posed to speak low and take off his hat when he the
holy precincts of the gold gods.
If the working could only be pers.aded-genty and
softly at rto start Union Bank and turn all Of the
workers. money into their channels the rest would be
st now everybody pretty well convinced that capitalist
p'oitaon is robbery but is making much to
defeat the game The workers convinced that the
nomic yield Of the mining industry should 90 the public
pocket in the shape of higher wages reduced taxes
duced food prices The word proteer new, but the game
is old as the hills is for explaining these things soap
boxes that the Socialists charged with being sap-heads.
The obvious thing for the workingman do
bank There great required in starting bank
Lots Of thieves have started banks and kept well
Of the penenary when the bank affairs got up
give it whirl, boys! Sap-eads banks why
workingmen? Lots of aboring brains as
banker-and a whole lot more manhood and honesty.
Banking is most profitable game The capitalist papers
bank adsthese ads paid for keep
papers quiet when bank falls
II the unions in Butte put their
surplus funds capital stock, they would have many bank
backed off the boards for capital Confidence keeps
Of banks running, if the aborng people Of Butte started
bank would have the confidence about the
population This would become formidable banking
Banks should be the financial agencies Of producing
class Farmers and workngmen used to banks
time, and cooperative enterprise but the capitalists
found out what good scheme was, they perl
suaded the farmers and the Woringmen what lot Of
heads they continue in the banking business
the thing for them TO do get back digging poing1
and the hot boxes in the Mines
the according the report Of the United
comptroller of the currency the capital stock Of the national
banks Of the United States amounted This
is the that the bankers put into the banking business
For the the report shows that the deposits i'm these
national banks amounted t3,eO9 900. This
money the sap-heads put into the
is the way bank according MIR. Frederick Howe,
who is an expert banker.
Banking consists of two things:
(a) Bookkeeping.
fhat almost there IS to banking. Tens of thou
sands Of bankers, teIIer and clerks all the country
perform, these functions every day in the year:
FsRsT-They receive money from depostors. They
the deposit to the credit Of the depostor in ledger and
another column they charge the bank with the deposit
transaction that done by clerks in the
country every day..
with in order to make profit. 1t makes loan to
rover. When loan made the bookkeeper the
Of the oan and debts the borrower with the
Lhs too, IS simple process. 1t is performed every DAY
country
Union Credit Bank? Where would widow put couple of
hundred dollars that the Wobbes after
her husband had been killed in the mines, had been
by Roy Alley his gunmen? Credit Bank,
course The saphead Socialist bankers would
gutter before they would steal widows mite
ALLEGED JUDGE IS AGAIN
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