The Elk Mountain pilot., 1924-08-28
THE HIGHLY MORAL MR. DAWES


COMMENTING on the Dawes speech of acceptance
the New York World says
General Dawes has gone right after it hammer and
has denounced the farmers and the workinymen who
port him revoutonisss He calls battle between
another works himself up to fine frenzy more dan
ger gerous US more foolish more gnsatesmanke speech
for generation"
The World is quite right The speech was dangerous
foolish and unstatesmanke Also it impudent, for
Dawes preaching of respect for law about appropr
ate as essay ceibacy by Solomon.
1t Dawes whose bank fagranty violated the
banking laws of Illinois and made possible the fleeing
Of 1000 depositors
You may remember the story. Back in 1896
Dawes worked for Mark Hanna line up Illinois
Mckinley
Mckinley, being elected appointed Dawes comptrol
Ter of currency That is he keeper of the
of all the national banks He their mentor and ad
wiser.
Then Roosevelt became president and Dawes went
out OF office He started bank in Chicago called the
Central Trust Company. Later Lorimer thrown
of the United States Senate he started bank Chi
Under the state law it is necessary the
state officials the cash that has been paid capital
surplus before new bank its doors for bus
ness Lorimer claimed to have S1250 900 capital
plus He wrote check for that on Dawes bank
The check wasn't worth the paper it written on
it was part of scheme keep inside the letter of the
law while actually breaking the law to smthereens
The state banking officials called on Lorimer and
asked to the s25oeo0 cash. It over in the Cen
trail Trust vaults" he said.
They went and in the vaults big packages of
currency exhibited, and verified. Does
this belong to the Lormer bank?"
r7 "Yes"
So Lorimer's bank was started on wind and when it
went busted 1000 depostors skinned
For ten years the lawyers of the Dawes bank wigged
and twisted after decided that if
the money Lorimers it mus. male good
By curious coincidence the Illinois supreme court
6na idado oroinc naxpac hoplr
the Lorimer depostors the very day that the Ceve-
land convention pinned its twice spuned vice presen
tial rose the Dawes lapel.
And Dawes says obedience to the laws in this cam
paign.
No thanks We are willing to take lessons in moral
ity from most anybody We realize that all poor
critters and miserable sinners but just can't sit still
and be lectued the sacredness of law by He'll and
Mariah Dawes .sa.5t
p S-You remember it the Dawes family's pure
oil company stock that greatly fancied by jess
Smith and Roxie Stinsu and the other boys girls
the late "oil gang"-Denver Express.
THE state public utilities commisson-"useless'
to prevent the people of from erecting munc-
ipa electric light plant That shows how state
turn on the people The supreme court of this
in neid ali 's sa a e st t h re city
tried to regulate rates in Denver few years ago by in
mind its business that it had no jurisdiction in
charter city The attorney general told the
plant is of its business The governor said sno'
when the commission asked him for permission to hire
special counsel to prosecute this junction case But the
commission in its usual fashion, ahead starts
this This commission which recently granted gray
an exclusive oil and gas pipe line permit company
winch has neither oil
it to- And the only purpose of the in seeking the
permit was to freeze out legitimate which either
are In the producing distributing business The first
business of the next legislature should be the abolition
this useless commission 1t has been corporation tool
from the beginning Its asinine stand in this
case is the last straw-Thats That, in Denver Post
To the above we can utter hearty amen. If there
ever was not only useless body but thoroughly
one it is the utilities commission of the first duties
of the next legislature should be the aboshent of this
vena body.