T"VWf?Jt i "pv y
The Commoner.
VOLUME 8, NUMBER
14
BIU, FOHCaX A.Vi) fiUAKAXTlMI)
ItANICS
Augusta Gn., February' J 2. Wil
liam .1. Urynn, Wdilor of I ho
Coinnionor: !ti your Ihhuo of Jan
uary .i I Ht lal In mi article headed
P
ATKNT.s NKCIIIlKDnmll ni'Hioy lk. In
Cllllllll.' .'it. I"'-'1 Il OtlHTh ll HUM.
( o'l.iniiT A in, V: . 'it.li flri'i'l .imi.. U. '
o.
o n tVm t q m:ci kki on vim
PATP.n Id Kirn iimcd
Vn.p i.iHtrl in l- Patcit.nl)llit llln tr.it il MtililJ
II....K .-1 1 1 I '-t ' Iim-titi.ini Wanted. Tiitrn'.
K ANs, VII.KI:NS iV ( )., Ua-liiiiutoii. I),
FASHMH BfifiK FREE!
I until (in ml uii my limnl.""!1 now
).,. lin lug Miinl !' mn-i
villi IlltirtrnUxl I. -win n ruttlt'K Hfl
Ik niliflLltllf. I v ill uur. t t n II j '1
..II tlm l.illirnK "ll till tit f"T II I
cry lUKill
HOW I DO IT.
MOW l uu ii. i ,;;, ;i i,
I ptiMlrti tlm PAHMBR'S CALL 'A i T .
weekly phut for I'vi-ryniPiiilMT t V , 1 ,i ,
ofthotm.!).'rimcMl.ln;nHliMVpi ' i ,1 ; ,
rAcli Hi-rk Mronn i-i--illy lnti-r- ff
. . . - .1 tli ii A . 1111 u n j ft ' ' .) l. il .
nil Mir i im-i " r .--
rrntfi-li. Ihvy urn tliumnif lMt-y k JH
tn hmii l.awittlwui-Miiil'l '' A , ' 'T,li
l.vfnrHt tliPKtor" urn lol.y tlm ,) Ii , ' ' l
mini. I".ii.li,iuid oirn-ct In ev. . I. 1 , I
r- ilntxill . i I I. I
I DO IT. '
MiMUH'S CALL
fori'vrry iiipiiiIm'i
:iiocliililn,n'Hli,l,
HI i-iu-cUlll)- lnti-r
MitltiB fmturo; mi'l tlu W nimii rt
Doiiirtini'iit IrtuiiiiMially hti uiu
IlllllptPU'tlMV AllloflK nhjiic-, fS-jy.i
IMfcHturiwIort ii-n fll.. In f ., '.
JtnfnihliiMiiliiwlii'-liltitHwtho i', V i t
Rn nnllnml. l.tlt 1110 llt'lL) VOU t i ' i !
tONHUIUOlloy.
MY SPECIAL OFFER
hellll lull 90 WW i wiuri'iiu
.... ti. Di.ma.1. tfrill nUi
jlill tuu I"'"' - -- --
ory weok (over IWOiueiiO
for ono yoarniul wlllmtiio
my iiik miiii'in jiihih."
joiifri'i'. InI'MMiierroto
ell you uny imttcni oil
vmit tliprvifter for 60.
I c.in Ml tin-in for ft ell
Ijccftimo I Imy tlii'in ly
Ii i 1 t 1 .. l
A7V. i.?'
9 I ' 1 .1' llll
i.U Wi ' VI iUV
:f..M
7 'J ,,J'i 'V 'V.i
tiio tliotimnil una innt
tiiabonny iimilt. I don't wnnt tlio profit I wint your mil
K-rlptltiii to tin- FAUMUR'a CALL. "l will nwo ninny
tlinus tliiicxtcfint offer in h yuir. AVUITI. T l '
JOHN M. CTAHL, Ucjit. CO QUINCY ILL.
"Muko All Banks Safe" you quote
mo as havinK said, in connection with
Uio guarantee of bank deposits, it
would make all banks safe, one just
us good as another, and for that rea
son a man would go to any hank
with his money." I don't know
where you got this quotation, but
from wiiatever source you took it, I
am not responsible for it, as I never
.said It. In a letter to Senator Hop
kins, published in the Chicago llec-ord-IIorald,
January 13, 1908, which
i3 the only authentic statement of
my views on the subject given out
for publication, I said: "It would re
duce all bankers to the same level
and there would be absolutely no rea
son why anyone should not drop into
the first bank ho canio to, to deposit
his money. The government, being
responsible for the deposits, puts all
on an equality and makes all equally
good." This is an entirely different
'-tatoment from the misquotation giv
en by you that "it would make all
banks safe." In my judgment the
government's guarantee would grad
ually but inevitably reduce the high
standing and credit of the strong,
conservative and well managed banks
to the level of the weak, speculative
and poorly managed ones. The dis
tinction existing between them now,
in public estimation, would be grad
ually eliminated. The well establish
ed hank with a record of many years
for conservatism and good manage
ment, and with accumulated financial
rVl.&4.f JSTk
JFc'hJ v.
.' ,Wl.tVfc.V.WMI IMVilhJ
4R'rtiti&iar',:H i-'w
1.HMV1K- --A1J L,
OWESCa;
1
Personal T Rheumatics
want u letter from ovory man and woman In America afflicted with
lUiuuinatlsin LumlmRo or Ncuralcii. irlvlmr mo their namo and address, so
I can sund each ono Froo A Ono dollar Bottlo of my llhoumatlo
UiMiiedy. 1 want to vnnvinco ovory Hheumatlcsutlererat my expense that
111 V lllimlTllll till llillllmll. Annn li .. . 1 . .. t -.i -m ".. w"""
ii i . """ii-uj u.n..-. 11 imi, imius.uius in ho-caiieQ romeaics liavo
fi lied to accoiuiillsh-AcrWJQI.tr CURES RHEUMATISM.
know I and bo biiro of It. bofuro KlvlnB mo a nonny urollt. You cannot
coax KlifHituntlsin out tUrouch tbo foot or skin with plasters or cnnnlne
!r, 12 V.lin s' Yo cannot aso It out with liniments. . oloouiclty
Or IinilMll'tlMll. Ymi nnnnnt. Imrtrrlnn If m. ." " '
au!-ftTSSva"J?a
Itaf. wliyltn. Hhoimamm. Hhomnathmls Uric Aehl ani'TXdKTltub lthSmS5;
ltiunoiiv cimnnl llvn tucullii'i- In Mm .it,n ,1,.. . n. ... "v" auu nuuu a xyiiuuuiiiuo
- ;; :; :'' "."" "".. uuuu. t uv itnvumaxism nas to go ana it doom
tfou Ml M0,uct,Jl' l'urt3 th0 s.,,ar,)' shootlnir pains, Uio dull, achlntr muscles tho hoL robbini?
BWoUcn limbs, and cramped, stltlonod. usoloss Joints, and euros t thorn "quickly ibroDDlnff.
CAN PROVE ST ALL TO YOU
If you will only lot mo do lt.t I will provo much tn Ono Wook, If you will only wrlto and ask rmr
Company to send you a dollar bottlo FREE according to tho following offer. I don't caro what fora
of Uhoumat Ism you liavo or how lone you havo had It. 1 don't Jm , wnat, iona
cam what uthor remedies you liavo used. If you Imvo not used ) fs1 tf
mine jou don't know what a real Hhcumatlo Homcdy will do. WsfsfC s J?
Road our ofTor bolow and wrlto to us Immediately. r('l ' W"Wv ftW
A FULL-S1E: $1b BOTTLE FR&E!
and wKiiStiw imntUonnu,nlHl!!,mACi0r,VOd,yi' to,,,oam rsonnolt that ItlioumaUsm can bo cured
o?NeurS ordo?i ,om to p Jut t .I , tl ,s n,U. JT0 as c" lf you "nd ll ,s curlnjryour llhoumatlsin
ends l f wS'ilo iit Km? S i 'J ro nnd thus ulvo us a protlt. If It does not help you. that
hi it o ruii.ZilJi ?, ndi J iiLwlmi k,vh,11' containing only a thimbleful and of no practical valuo.
h?Jvy Sn !l "Jln?stiul l nVKtllW, ttdns-8lorcb for Ono Dollar Each. This bottlo la
,;t. . .; "1USI ,,l t iK'in Mini to i urry It to your door. You mus t sond us 2B cants to uto
weXnKiidia KoilVbo181)!!;8111 0no tflS Sll blfpnfmmly'cnt IZ
l?liu" S npypn? nn nr1050""080'"' th 6 conf tor charges. AMresrl
2S? "tlv,L,JI bU utr8 """Ht & KRTH AVES., CHICAGO
ii'in iii ' nwiin ii iid i m ii i 'i i J
CBSSi
lbs
.Ainyt',,,n. tlmt ftffl'ts a man's pocket-book tmiohoq him in n vitii
shall oonBlSrn mV nSt 'shipment to cK5Rohte
If you are fortltitR stook for marluM, or arc
Htockor or feeder cattle or l,een, rlte un at your
Cla$ Robinson
thinking of buying
nearest market.
&Co.
ciur w;o
i)i 10 it
1.1VK STOCK
S Of I'll OMIHA
SO. ST. .1OS10P11
COMMISSION
KANSAS CITY
SIOUX CITY
MAST
SO.
Hk LfTTT-.-T tt- r
-'-''' llrn
ni'PFAiiO
ST. PAUL
'iTTTitnaMUMBaiam
uHnaawamc
great
their
their
strength, would ho placed in the
same category by the public, as a
bank controlled by speculators or in
the hands of incompetent or dishon
est managers. You say, "it is diffi
cult to conceive of a more selfish arg
ument than that which Mr. Forgan
presents." If it is selfish to defend
one's self or one's bank against a
policy that would despoil him or it
of vested rights and property, then
I admit the accusation of selfishness
in my argument. The strong, well
managed and conservative hanks of
the country, be they large or small,
have a standing and credit now with
the discriminating public, which is
not accorded to the weak, poorly
managed and speculative institutions.
Under this favorable discrimination
tho great majority of banks have
fortunately built up for themselves
good records, good reputations and
good wills. These belong to them as
valuablo assets, forming the founda
tion of their public standing and
credit and are in fact the very es
sence of their corporate existence.
Whether it is selfish or not, they are
not ready or willing to part with
them, to be reduced to the level of
their weak competitors, and to be
taxed for the privilege.
The good will of th 3 First Na
tional bank of Chicnern. nvsr .whiVh
I have the honor to preside, has been
valued by the discriminating public
for many years at about $150 per
share. By this I mean that its
shares have sold on the market for
that amount in excess of their in
trinsic or book value. It has a rec
ord of forty-five years of which the
public can judge. Its record and its
reputation belong to it just as yours
belong to you. On them is based the
value of its good will, which, as
stated, a discriminating public
places at 50 per cent more than the
original par value of its stock. Its
stock is now largely owned by es
tates of deceased persons, trusts for
widows and orphans and other bene
ficiaries under wills, etc. Many of
uieau nave invested In the stock at
market price, paying $150 per share
for the good will. Am I to be
blamed as selfish, if as their paid
representative, I argue against the
enactment of lefrisinHrm fi,f 1,-.
. --o ..wi uioi WUUIU
despoil them of their vested rfchts
and pronertv? Knv w , 1
state, have they received any lar-e
l,11!nd"e retrns on their invest-
11 u or many years the bank has
SS rani??! f r ?ent 0n the invest"
d capital belonging to its share-
5S2E? a.!?..nb0.ut..4 Per cent on the
.uxxwu vmuo 01 us stock. The in
terests o the depositors have never
been lost sight of, nor have thov
been sacrificed tn rw ', i. ,uloy
?I ? ,S dePsts have grown,
the invested capital has been cor
respondingly increased
bink ofUSrMU.Sing thG First Nation il
do L L?hl?aso for "lustration, I
do so only because of my direct
Sp,WleMBe C its record aud its fig
ures. My arguments will apply with
equal force to the strong and repu
able banks larPA ,i " 1, x :.
iirjr-otTs;,
;;uu' i'ney all figure on
records, their reputations and
standing: in nnhiio qoh,,..
MoS?n! thiGir most valle assets
yoi? say-irr?iSrnSy' it:.seems t0 ni
you say. The time is a little in!
soPPn' Z '?' .Frgan peak
nositors " vhe i?terests of the de
S?S' Yu do not quote the
light remarks to which you refer
I defy you to quote anything 1 We
ever said that could be so construed
or designated. What I on Sf
1R n cni.r,. .1 1 ,, ww.u J.U1
- "4u uuui an around, for
banks for the depositors, for
shareholders and for the public
will be found that what is Test
Ono Will Ultimnrplv h iji ilSt
SX '"tvon Z
m x "ijuu uaun oilier.
To remove the neceqqitv nf u
crimination by thTVloVto
where they, as individuals, will de
posit their money, would prove a
severe blow to the entire fabric of
credit and confidence which lie at
the foundation Oi all business imor
course. Under a democracy such pg
ours, banking must be free to all r$y
providing a government gu;-. -o
for deposits, the rascal is invi'.i to
become a banker and to cover '.in
self with a mantle of credit v.li
otherwise it would be quite im;
sible for him to acquire and win h
is provided for him by and at tho
expense of all thf good banks in tho
country. This would not bo a
square deal. It would put disho!. .
and reckless banking at a promt .
and remove from the banker all av
bition to excel in his profession v 1
to acquire that good name which Gn
omon says "is rather to be ch" a
than great riches."
You suggest the adoption of t';o
All About Texas
Oklahoma, Arkansas. Louisiana, New M-xio.
Tlotnes for tho homeless, prosperity for tlm i-di3-trlous.
Tho homo builders' guide. Send stain for
sample copy.
FARM AND RANCH, Dallas, Texas.
Texas State Land
Texas has passed now School Land I.is.
Millions of acres to bo sold by tho State, $1 n to
$5.00 per acre; only one-fortieth cash and no
more to pay for 10 years unless desired, and oniv
3 per cent Interest. Only $12.00 cash to pav to
the State on 1C0 acres at 3.00 per aero. Greatest
opportunity. Land better than Oklahoma. Sond
50 cents for Koolc of Instructions and New stmo
Law. J. J. Snyder, School Land Locator. 14u utli
Street. Austin, Texas. Reference, Austin Nat' mal
Bank.
the
the
It
for
all,
3 STROKE SELF FEED HAY PRESS
3 Men can ran It
3tonsinonehouf
Emv drU .
Smooth b&itt
Will savs IU coit
Shipped on trll
Satisfaction
Guaranteed
THE AUTO-FEOAN HAY PRESS CO.
414 E. 10th St., Topeka, Kan.
Krancli Olllcc, 1521 W. 12th St.,
A .sic for Cat. 33. Kansas City, Mo
TH13 GREATEST WESTERN FARM
PAPER
The Pacific Homestead is tho family
farm paper of the Pacific Coast. Each
week it goes into the homes of nearly
13,000 of the most prosperous families
of the Pacific Coast as a welcome guest.
It has materially assisted them in their
prosperity by giving them tho best
methods of producing tho most from
their farms, at the least expense. It
has placed them in touch with tho hon
est advertisers who give them valuo
received for the money sent them.
It has encouraged many a despairing
person by cheerful words of comfort
and hope.
its woman s page has made many a
tired housewife happy and turned her
drudgery, as she was prono to call it,
into pleasant cheerful endeavor.
It tells of the climate and soils for
those who are unaquainted with our
country.
It has become a household necessity
in the thousands of homes on tho Pa
cific Coast.
If you desire to know moro of our
country, send 25c for a three months
subscription. If you want to sell mer
chandise to our prosperous people,
write for advertising rates.
Address Pacific Homestead. Salem,
Ore. C. D. Minton, Circulation Manager.
Subscribers' flflwrtlsittfl Dept.
This department Is for the exclusive
use of Commoner subscribers, and
special rate of six cents a word per In
sertion tho lowest rate has been
made for them. Address all communi
cations to Tho Commoner, Lincoln, Neb.
f OMMONER READEitS BUT THEIR
Maple sugar and syrup of H. Col
venbach, Perrysburg, N. Y., because It's
pure.
5 00 STRAWBERRY PLANTS $1.00; IN
three choice varieties. Fruit trees
and small fruits at wholesale prices.
Lists free. John F. Dayton, Waukon,
Iowa. Drawer C.
f-fUMAN LIFE IS WEIGHING PRESI-
dentlal candidates. Gov. Hughes:
weighed found wanting. Year's sub
scription, ' 50c. Burton Jeffers, Agent,
Rose, N. Y.
OEND ME ONE DOLLAR AND I WILL
send you a beautiful polished tur
quoise, ready for mounting. California
Gems Co Los Angeles, Calif., 322-324
Mason Bldg.