, 1923-09-19

render a bank impregnable against
anything short of a cataclysm. Bank
failures can be guarded against.
Such calamities should not occur.
They bring too much distress not
only to individuals but to communi-
ties and It requires years to elimi-
nate their effects.
The Wyoming Bankers associa-
ton has done many wise things. but
It has n thing needfuI to do,
namely. II must make membership
in its organization mean that the
member is entitled to full faith and
confidence of the public. To this
end It ought and must insist that
member banks shall conduct their
business in conformity with law.
That h management shall not DO
permitted to s its assets. either
directly or indirectly for personal
ends-that infringement of law will
result in forfeiture of the right to
enjoy the privileges Of the associa-
ton. That examinations of banks
shall not be mere perfunctory vista
tons OF examiners, but shall con-
stitute an examination into the very
heart of the business and an analy-
sis of the assets, thereby determin-
ing the solvency of the institution.
Some examiners may suggest that
this is impracticable. II SO, then
why incur the expense OF the present
service.
1--WE can cure an evil which OF
late has been entirely too prevalent.
T...-.r 1000 A-- ---- go ~
wrong doing of the bank manage
ment that fails or refuses to conduct
its business rightly. Let US put tho
banking business of wyoming on
SO high a plane that It can be said
OF every bank. national or state. It
is entitled to full faith and conf
dence OF the public. We will have
more money in circulation with
which to do business, and no un-
easiness on the part OF ~depositors.
The association can do ell of this
and we submit IT will be worth more
to business than It costs.
Safety Deposit Boxes
We are in the habit Of referring
10 Ire Esfs.y da3.os.ss box key re-
tanned by the bank as tho Master
Key This name is dangerous to
the bank. Call the key by any other
name that will d~ifferentiate It from
being recognized as a key that will
open the customers box. Master
keys are used for opening a series
OF locks, while n Guard Key or
Helper Key only releases certain
tumblers in the lock that make pos.
sible the opening of tho box by the
costumer's key.
while discussing safety deposit
boxes. you are urged TO decline to
accept from customers tin boxes
containing vaiuables except for stor-
age. There is too much liability to
assume hazards of this nature. En-
desvor to rent your customer a box
and dissuade him from looting It for
the purpose OF investing In stocks
OF doubtful value.
THE banking business Is a quasi
public service and every benefit
within practical bounds should be
rendered tho customer who is gem
orally less capable of determining
his line OF investments than is his
banker. The customer may not &C
cept your advice but you can have
the satisfaction of having offered Il:
this compensates and morally re-
lieves you of responsibility.
Drain ON Resources.
I'VE have been profigate in pri-
vate and public expenditures and
there seems TO be on retrenchment.
Individuals are inclined to extrava-
gance and many fan TO live within
their income. Municipalities. coun-
ties. school districts and states con-
trive TO absorb vast sums of money
annually in the form Of tax income.
Taxes are eating the vitals OF exist
ence OF the property owner and tho
end may be Viewed with alarm. It
is time for the taxpayers to ryan