The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-02-23
WEDNESDAY, FEBRUARY %, 1927.
GOD IN THE BALLOT

GOD IN THE BALLOT
Once upon time there was
A metropolitan newspaper which
Conducted ballot on the matter
Of finding out about God.
After using much ink and considerable
Paper it found cut about him.
Doubtless there was great rejoicing in heaven
When it was made known that
Eighty per cent of the inhabitants
Of the fifth city" had given their
Approval of his existence.
What if they hadn't?
We wonder what Isaiah thought
When he was informed that
One of his expurgated successors
Had exchanged the God who
Walked with Israel Ger all the
Long and weary miles to Canaan for
The "great spirit of the universe"
We would respectfully suggest that
The next adventure in nonsense be
A ballot to determine
The belief in the law of gravity
Perhaps we can suspend the fool thing
And we can all ride in aeroplanes.
"How long, We simple ones
Will We love simplicity, and the
Scorners delight in their scorning
And fools hate knowledge" prov 1927
The Rev. C. L. DeBow First Church, Cleveland,
Ohio
NELSON AND BANK GUARANTEE
IT HAT Senator Knute Nelson introduced a
sort of bank deposit guaranty bill in the
United States Senate nearly two decades
ago, is the interesting discovery of the St. Cloud
JournalPress, which is inclined to favor State
guaranty law. 1t says:
1t is interesting to note that the
first bill Knute Nelson introduced in the
United States Senate, in 1908, aimed to
protect the depositors in national banks.
1t proposed that one-thrd of the taxes
paid by national banks upon the aver
age amount of their notes in circulation
shall be set aside by the Treasury Of the
United States a permanent special
fund, termed depositors' fund.-" to be
used in paying all deposits in insolvent
banks, the Government taking over the
assets of the banks, to be credited to this
depostors' fund. This fund was to be
limited to $10,00O,0O0. The bill was not
passed. Had it been, many thousands of
people would have been saved from loss,
and the national banks would have held
the confidence of the people in greater
measure, which would have been most
valuable asset.
Senator Nelson was in no sense a
radical experimental. He was rather
inclined to be conservative, but always
had the courage of his convictions based
on sound reasoning. There's hint in
his bill for the Minnesota Legislature to
consider.
After the manner of Congress, the State
Senate passed motion to reprint this editorial
in the Senate Journal. No doubt, some Sena-
tor will introduce a bill for a State guaranty
plan based on the Nelson bill. Such a measure
would take part of the taxes now paid by State
banks to the State and local units of govern
ment, and put them into guaranty fund The
other taxpayers would have to make up the re-
sulting loss in revenues to the State and local
governments.
Senator Nelson's bill was introduced before
the bank guaranty plans of Oklahoma, South
Dakota, North Dakota and other States were
started, and it is clear that he was not inocu-
lated with the idea of Estate guaranty" that
has proved such a fizzle in those States. He
frankly proposed to loan the burden of pro-
tecting the banks the taxpayers-where it
must fall eventually in any kind of real Estate
guaranty" system.-Minneapolis Journal.
TT
INSULATED IGNORANCE
IGNORANCE is never so arrogant and dam