The Devils Lake world. (Devils Lake, N.D.) 1920-1982, 1921-02-23

wen sy,. !, all. others aass, in the nation stst ar, are, IN a, a condition EDITION when ssns any ny n %sMsrs directed
#, q sssSs s5S5 sSS sss #: ss" d ;%s committee: ! n.ve been wondering
San rM ysr St ~ N t, is aSts correct . rssst tst f ! nvs m refused sussai too t ss5ssr. a i dns ss
la d; yss s3 Mss T. sp msss. before E Ssys . nt P, sesssS, to s so ssSs p sS sasd s xtn gos
to refrain from going into these matters dat disturb confidence Banking
telling the world the SIS Of lis deposits ana a, loans s,.m Bankers as. know s.% this and
e eena%sn ens a y a%aai OF sn SUCH COMIC Confidence &c ' is eaa s%s's as one Of 'S the lowest
,,.a s1ss Gs: s, To- E:% 1scs s%af CO., e s,s srs sssx, tes ns %s,s 4s,t sat ,a ! an , stssss TO
bank and have not been, 50 there is n % reason why i shou1d'O afraid to
stat: " T.. 4 I'd j Sss: :% s;ss:. n 1;%s /" .! ss; s:s&: St .n %:': :;:so. g; n t:s year; s.5 y:
s han ;s as ss.s, ; ! s ss sSS : rs sS5s s s ss 4 Il i, : 4 i S ss;ts .ssVs 4s5 nssaf' , 5sss
;snf' e to f s;s'' to go esse es set? sso! stt III t ths do e'sst TINT it % %n D %sss 1 nass;
;sssssss T E IL ssf; xS E f $sS S,s III ss# f sses s;9 Il: s$s :; :, 5 sSs S::st !: ;ss;.; ";s;
y "a being SOME asd pf Sf the fs s esrrv fse If bs Sns q s9e the e one If IN th sef ba sasta ' faa tho /:
confsssnee ea can t @e a Q in the sonfsse1 nee. sn said aid; ~. .+,,.
bank ss ami t., t. i y 81 tss cali al 5s. pns5ea %ass + tn 5ssss a. s5s!s% 5s9s ~ i fb t3s
a as d ef s o1tsd ssz fs s@ sss' ut Si in ag sor fS" Daaea. Many %'D psops. ' ia ni% sess
viii pull out tlsr money u -, !. :, ,mmo,a, ,ra. o+o +a,,.,,r,
f 6 :; s & NJ {; {, $ E %s$, s; $ ;;, $$' y, s: & III, !s;i; ; ;s :ss ! ' !: + as: T., ;' , ;;:;s j: 81; ;: ;;; /; =;
nine 4 , n%na' e 9 sa b in this m; state q and so t ssfe Sssts "a P1 esDs%soce q tn ts sa ssnGs,s:
h ! ssaa 8 e ' dss s. Ssahs %'t ;&s i 31a %ssS 10 Commission %S;5ss OF myself ~ Would 3 %' :
sa.rs >f Ssss :s %ss;s,t esFs ne .SsS' :s + s9 ts. sp9s,; records ssssst: ss a': cit ,s sH &:
tss's 'e ss sssssf. q: 7 !s : Is. s,: ss %':t:s = SuS sly; s ON "a %s'1 ss s Ss:sSssso aS q
% sssR; saa f fs%a essss. s:' th n di as IS t% ee%s. E t for s SIS ,eG s ts 70 s@ Rsst is spite ss
q t Gs s efforts AND %bi fs9n s s the M1sn %S IN ns1@t fsns 81 ser ectpa by fa as p ps th sss ars'
in M NJ f testimony ssy one ne res isG5s sap t. pf * b asa fe~ b 5s sat W \ hs q H sad ie9 G@at the ne
policy of the j. nix of North Dakota, in the main, was to leave the money
where W e fnW.' n. in the localities where originated. l still insist that is
correct Ydtt "a not prove O. disprove the policy by considering any m
bank or group ii banks, but you must consider them all, the entire eight
hundred. f -'
II therefore, ut this time, reqnest that as " proceed with my testimony slim n.
I be permitted o give you nH this information SO you IA know all the
facts, and lot merely the facts which partisan counsel GouInnsea may wish t. elicit. In In
your counsel and I wish further to state that ! wa want nta +. Offer aa you; % q asp special er
fs ss}SSsssRR n !, S SfE;st i IS s:s{ SSts & s, j y {5; s s3, 5ss ssns i ss:v; / sa% ts,: y' Vas. n
Econhit over the figures sin the audit, which TIN house committee had in Its
possession, Mr.. Cathro testified: rx&ESfs3Frsl@ t2EN# ~ 4MLl
73& "1here has never been brought to my attention anything that would
cause m 20 doubt it in any substantial manner. @EA &a
a. ;M. 9%E objection %f;ass 9ns r IT, fh e, a " ers,4 report dm By Mr. :w c9th5 s,c we1s
tenaneed by the facts in the situation over which the bank had n control
suh as the passage OF the Initiated law. sf..e- s -a ~
per- The Industrial commission and Mr.. Cathro opposed to the last of their
resources these efforts to tear down confidence in the whole banking system
|. IL ~ ounaon = -l.AA- - -- Nv