The Omaha guide., 1939-03-11
Omaha's Municipal
BANK SYSTEM

We again call the attention Of the voters in the
city of Omaha that they too, can have a MUNICIPAL
Bank. If the electors in the community Will sign a
petition to place this question before the voters OF
this city, May 9, 1889.
There must be some way to save the taxpayers OF
Omaha from the heavy relief burdens and yet find a
way to solve Omaha's first economic problems, How
to find jobs in private industry with a sufficient an
nual wage to meet the demands of a standard wage
for a decent living for the average Omaha citizen, re-
CARELESS of race or creed-The Omaha Municipal
Bank System will do it!
1t has been said that we must find a way or
method which will permit Omahan's working indus
try to buy back a portion of what they can produce.
Thousands. upon thousands of our workers cannot do
SO, because the banks of the city of Omaha have plac-
ed their credit jams in the price structure, in the debt
structure, and in the distribution of income and into
the flow of savings into a part of the chain store sys-
tenn which has their offices and headquarters in other
cities and is quickly taking the money out of this COM
munity and destroying the opportunities for labor to
be employed.
Omaha's problems are like the nations problems,
and some proposals of reforms may make your hair
raise, but if they don't suit you, you are at liberty to
find better methods. The one thing you cannot do if
you want to avoid being left without the means of
p1 v idiiiS W. NiOliii5 0hN iNiON civ VIC NOiAiiiOh
necessities of life, is to keep on doing nothing to rem
edy existing conditions.
Under an Omaha Municipal Bank System, indus
try and business in the city would be furnished with
the necessary credit from the bank to provide jobs
for the jobless and the consumers economic needs.
This would keep the wneels of industry moving in
this community, and business conditions would be
made better, because business would be given the
necessary credit to expand. With a Municipal Bank
in Omaha, this community would keep the wheels of
productive industry active and the community would
enjoy a prosperity that it had never before known.
The profits of the Omaha Municipal Bank Sys-
TEN would provide pensions for the aged, blind and
dependent mothers and children. and with more jobs
for the unemployed, there would be fewer people on
relief, and tn taxpayers burdens would be greatly
frightened, and the home owners mortgages would be
refinanced at a lower rate of interest.
With the establishment of an Omaha Municipal
Bank System, the youth in this community, who have
graduated from the schools and the colleges, would
have an opportunity to enter industry and the bust
ness world and use the knowledge that they have Sc
fences. And thru the employment of their initiative
effort, they would be given an opportunity to sue
coed and help provide economic security for the mass
'es.
The question is, evil the qualified voters sup
port a movement to establish a Municipal Bank Sys-
tenn in this city and give it their moral and financial
support?" Will you join an organization in your pre-
cinct to help circulate initiative petitions to establish
an Omaha Municipal Bank System, then do your part
to pet the votes out at the ~e1ecton9 IF Won will all the