The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1924-03-14
DEFUNCT BANKs I'M SHERIDAN COuNTY

During the past year half a dozen banks have gone de-
the peoples hardened money Many these operated on
less than shoe string since 1920 but through corrupt
efficient Banking Department have permitted to carry on
pedgng equity the depOstOrs had ohe
Bank other Wall Street Banks for borrowed
money In many cases papers held by these banks have been
discounted basis of much other
paper accepted for loans made to individuals amounting to $4,000
have in been turned to Eastern banks for $4,000
Of thereby reducing the equity the deposor by $780,
meal ticket for its employees who did have the CUTS seek
other employment the would be repeated until every
equity depostor would be gone and until no paper
remained in the bank Then the bank Closes All
held by Wall Street and the deposors have lost everything
frequent tale when bank closes is that the depositors
will be paid in full Of will live to that day
Mr. Depostor don't kid yourself you have seen most Of
the the bank for the last time The bankers have moth
ing themselves to pay you with and the Wall Street banks are
longer interested in You victim of game the
people You are the victim Oh corrupt and inefficient banking
then your bank has been closed we find that
the Receiver Of the bank In fact to date have found
the bank while open, still kept it's pay roll after
the bank closed and process of liquidation This
closing The reason for this is obvious STRANGER will ioudate
bank successfully than anyone connected with the nstu
ton before 1t closed Inquire defunc cashier trying to collect
Many of them will likely not give him pleasant look And
again. the officials employees of the bank have been dishonest
stranger will detect the crooked work and expose while
official of the bank will be much interested covering up
his tracks and the tracks of his fellows crime than in the
Every day find bankers going to jail for divers crimes,
the
reports and taking deposits after the bank became
latter crime must have been in Sheridan
county, but how the criminals be exposed convicted
when by the appointment they placed in posi-
ton to quash proceedings that may be commenced
safe bet that of the dunct bankers Sheridan county
will be investigated long appoints to re-
cevershps in their own banks
Many things in the banking situation in Sheridan County
would warrant the call of Grand jury see no indication
that might be called Bankers other parts Montana are
being sent to jail different counts but the bankers in
Sheridan county rewarded with soft job
slap the wrist in the form Of $3.50 fine stealing S27OOOO
from one depOsitor.
What to think?
think OF 1t; SlO000O0 loss caused by defunc banks in
sheridan county alone with remedy in sight donation
corrupt cOte OF bankers who still themselves UP as lead
ers OF the people These birds Senator TAYLOR
and the Producers News because they idly
say nothing about these mOnsOus crimes Every deunct bank
er IN Sheridan county will tell you Taylor dictates to the
County officials They will tell you that Producers News is
corrupt and that they graft from the people one of them
will fail to tell that Senator Taylor the last
issue of the Pill Pedder Special they try expose Taylor be-
cause they claim he got two days and $4,000 than
should have while State Senator These human hyenas will howl
IKE wild animals Of the desert about any little article Pro-
duceTs News which adversely affects their graft.
Sooner or later there will be reckoning The crook
ters may escape for time but not forever Some the
thieves will land the hOUse of nfamy" and
exposed Their masqueradng honest people will
later end.