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About Valentine Democrat. (Valentine, Neb.) 1900-1930 | View Entire Issue (Sept. 24, 1908)
rHOtb ! o GUARANTEE PLANK ONE OF MH. BRYAN'S WINNMNG CARCS. The Object Lesson in Oklahoma nrd Convincing Men that their Saving- In Banks Should be Protected r.s Well an Government Deposits. Tlie Dcmorratic Xatioml Platform favors guaranteed bank deposits ; lh'- Republican platform is silent on that : " ! ) jr > ct. Mr. Bryan hpaKily cham pions the j > laii ; Mr. TafL is strongly upnoscd to it. Mr. Taft and Guaranteed Cepoci * ' ; . In hii > speech ol acceptance Mr. Taft pats himself squarely on record as be- inj ; opposed to guaranteed deposits. He says : "The Democratic platform recommends a tax upon national banks and upon such stale banks as may como in , in the nature of c'i- forced insurance to raise a guaniniy fund to pay the depositors of anv bank v.-hich fails. The proposal fa wholly impracticable unless it is to be accompanied by a complete revo lution in our banking system , with a supervision so close as practically i * create a government bank. if Oi < > proposal wore adopted exactly as th Democratic platform suggests , il would brin ? : the whole banking system of the country down in ruin. " Why seck 1o confuse the people on n simple proposition ? We are sup posed to have Government super vision of national banks now. Super vision does not mean a govern mem : bank : it simply me'ins that the na tional bank inspectors will do just as they arc expected to do under exist ing law make their examination < f banks thorough and make prompt an 1 effective correction of any irregulari ties discovered. So it will be difficult 1o frighten the people by the claS.n that guarantee' ! deposits means thorough rough supervision of banks. That's just exactly wha the people want. It is absurd to say that guaranteed deposits would "bring the whole Irinlc ing system of the country tlovn to ruin. " What does "guaranteed deposits" j moan ? It uicins that the savings of the masses shall be secured so that when men and women deposit lher hard-earned money in banking insliI I rations , they need not worry for f''ir i it will be lost through the reckl"isj j ness and dishonesty of bank of'lcials. ! The Federal Government demands of these banks security for the mover ; it deposits. As a rule state govern ! mcnts and county governments a'i'l , municipal governments make smi-Iar ' requirements. But now that it is proposed - , posed that depositors genera'lv she'll have some such assurance for the ' safe keeping of their wealth , wrnre told by the Republican candidate for the Presidency that the adoption of , such a plan "would bring the whole banking system of the country down j to ruin. " ' Oklahoma's Object Lesson. } Oklahoma has the guaranteed deposit - j posit plan and the following Associated - I ' od Press dispatch tells of it ; operation - tion in the first bank failure since thr i law went into effect : i "Guthrie. Okla. , IsTay 21 , 1008. } Within one hour from the time H. II ! Smock , Oklahoma bankirg commis sioner. had taken charge of the International - j ternational Rank of Colgate he ha'l i authority to pay the depositors in f.ill i though the bank's cash and avail"b'n I funds in other banks fell $22,000 short I of the total amount of depot's. The < commissioner was enabled to do this j under the operation of the now bank ing lav. * , and this is the first time it has been called into use. Undo'- the operation of the guaranty banking law of Oklahoma a tariff of 1 cent is levied upon the averag0 annrnl ( "e- ! posits of the banks , and this in' ii * " ' I is used in payment in full of all * ! P- * positor-s of an insolvent stale ban'c. i ' after the funds have besn e-"haust-\l. " V/ill the Banks Answer This ? In addition to the argument al ready presented in favor of the giiar- nntee i bank , the following is sub- j milted : \ The United States Govprnmen * r ° - , quires a deposit of specific seruritv ! when it deposits money in a national j bank ; the state also requires FO-M : ? | ity , and the county and city d-.x. . . s are secured either by bonds or by th- > deposit of specific securities. Now the question arises , if iho United Slates Government , which can' \ at any time inspect a ban' : and IPI ; ! out just what it is doing and how i ! < ! business is being conducted r security for its deposits , why shnld j not security be given to the d-- ; - \ itor who cannot examine for hi.n-'lf and does not know anything ab-a' ' ! the bank's solvency or methods ? And I loss to the national government , t ; the state , to the county or to OP city v/o-ild be borne bv all the people and ' thus be smll upon each one , v.hiio ( the loss to the individual Ins to b" Some entirely by himself and miy wipe out his entire savings. Is net the argument stronger in favor of the- protection cf depositors than it is in favor of th < " - protection of the iii i ! < ; : i. ' , t th ° state , the county or the ci'y ? P.ut the case is even stronger - yln the bank is requiro-1 to put up specific Eocnrity for the protection of national , Etni" . coun'.ry , or city deposits. Its gjjiytlsc.1jcurif' > s are "nus hypol'ie- ' cate.l and the inTerior curities arc- left for the security of t..e dcpositoro. C"j ikit , r. 5 mailer c" facf.'the ' pu' lie depositr. are not only jMotectei but They ai j rotoctpd at the c. , . ' .3 of tlio in llviuual depositors.Vha v.-e i.av of a na.ional banl : vnicl wilMngly gives the government r icci fc fic rit\ and Ihon opposes tlri'j t 'i.ion of ' 'fj/osl r. ; ? And. s r2.'i ° o M ray , these ? -"g banks tint g t the icn ( : cporis fiom th government upnj rpeciHc security are the very ones ilia 1 .vc fo'irnt and are fighting the svs tr.n for tie guaranty of dopcsitTo It is time That the depositors unt'.Fr Etcod lle situation and got togcthe for their own protection. Will an ; linker whs is opposing the g-r.rint ; rjs.om ar.sv.er this arg.iment airl r" plain why : t is right to prot-ct gov err men t deposits arrl wrcn to pro tc" inriivir5il de/nsits ? \.hen the lnternationr.1 P.a"k a rolrat2 ; , in Oklahoma , failed. tlo To ! ] jiag notice V.TS posted on tli cor : CV O C C O O O' COGf > I GOCOOCCO * C G at G c , NOTICE. n O _ 0 a " o. This Ear.k is in t-.3 : lie-ids of i'-.s o SJste Bank Commi oicr.s. * . o Depositors will be pz'.d in f-l : ! Ly ° * The Stats E T'ng ; Scrrd. o ° Pier-se call sr.d get your money. ° o H. H .QMOCK , o Sials of Oklahemn. ° Ct O i , , r..rv * t-i - * , iw. - o j. o r. e A farmer in the country , who J-nd money in the bir' . , sent woi\l thai hi ; wrs too busy to conic at once , bin that lie would call in a week.Vhit a c m- trast that is to the rush that is ir.ado i'.y depositors in banks where depos its arc not g-nranti-od ? There the people almost heat down the doors to Set their deposits. SARCEA.XT CM TAFT. rJc Declared tl-.r.t Ji-clip Taft Remanded - manded Workingrnen to a Serv itude ao Degrading ? 3 the Spartans imposed Upon Their Helots. Lr.st week Mr. Frank P. Sars int died In 1803 ho was Grand blaster of the brotherhood of Locomotive Fire men tthon Judge Taft "reduco'l rail road irainmon to machines to do the bidding of a master. ' ' Hero are some extracts from an article written by .Mr. Rar eint about the decision by Judge Taft that was a grlevcur wrong : "If a judge of the Unite-1 States court fhe w s diire-ssmg Judge Tai't's decision ] may abolish this right of an employe , lie remands him , un equivocally , to a servitude as degrad ing as the Spartans impose.1 upon their helots , and it is this nhase of the sirike which has aroused sr.ch in tense concern and alarm. "Itvlll not be expected t'l-ii I ? hoMld enter upon a discussion of th ° legal points involve : ! ; at he-t I can rnTvoice ! the sentiments of a body nf law-abiding men who have been trailed by their organizations to re bj/ect laws and the decisions of courts , and who find themselves suddenly re duced to the condition of pecnige by the decision of a United States judge. " c * * "It is asserted that railroads b < / come common carriers , bat are un able to perform their obligations with out men. They must have men , and it should be stated they must hive 3ngines , fael. waer , steam , trac'is. Dtc. The locomotives and equipments an be jiuichased and become the property of the road , but t' ! y are iselcssvithot men , and these , once lecured , the S neral manager , sjjeak ng as if by authority , intimates that : Iiey become fixtures , because , with- ) it them , as without engines , the ob- igctions of the railroads cannot be jorlormcd ; si'ch is the newfingled ogic relied ujion to reduce raMrmd ; : -.iinmen to nrichiiies , to do the bid- h : > g of masters with authority con 'p'Ted by a United States judgj. In Lt 'least one notable instance a United States judge has shown his iittor con- enpt for a sovereign state anj the aws made in conformitj- with the iniistitution , and has sent count ; , olfi i ials to prison because they woulJ not lisrcgard their oaths and obey his oinclate and it will readily be con : eded , if such a high-handed out nig--1 'an be ] : erpetrated and the jiuige re tiain unimpeached , that a judge may , nth equal impunity , subject railroad mployes to autocratic indignities. " * * * "Dut it so happens that while men debate such propositions , embodying elf-evident truths , the court , with an [ on grip , holds freemen in bondage , nd the victims are as powerless ashen . -hen , iinclc'r another exhibition of r\ver , men were sold at the auction 'lock" ' oooeccccococooooseoaoooeo TAXING THE STRICKEN o * CITY. When San Francicco was de- ctrcycd the propcsilion v > ; a3 ° made to admit In 'ier for Us o rebuilding free of duty. The Rs- publican party rr.nnarprs sidetracked - > tracked it. Dut why should they have taken this attitude ? As ° QI Icr.g as they plead that the fore elgr.cr pays the tax there was * no particular reason for them to o ° compel the people of th.it stricken - en city to pay ten per csnt more * fcr the lunber in its rebuilding * \ than thy w td ! otherv/ii jjst ° I in c'dcr to [ - : event ? n cbject o [ Icc3- in the event of real tar- I' ? rc/isiun. ° LJCOOCO-O'iOCOOGCGOOCCOOOOCOOSOOCOOOOOOOOOOOOOCOOOOOj. I : HE PATIENT FARMER. . o e wim & c : OAT > % f % . , vvc roj 74 f \ ' \ vl ( H / & t-s ? T'y Do Covered T7itli Tazcc , As Job "was Covered Wiih Eoils ; but , Unlike Job , H Doesn't Enow Y/hat Eurts Him. REPUBLICANS /.ND T ONEY. Collier's Weekly has a siJ ? editorial in its i.-rne of / ugust 2 ? entitled , "The Rppnblica.is ant r.Ioney. " It is given here\vith : "The election and subsequent deitr of ilr. Taft would mean the occu pancy of the White Ilor.se by an ofi : cial fat -fryer who has chrins : sev era ! years past aprroa hedvith clef crcntial hat in hand , the president 01 treasurer of most of the large ccr poraticns in the country. It v/as ir the course of thic ofT.cial function thai Sherman wis : profanely turned dowr l-.y Mr. Ilairir.ian , with bitter dennn rial ion of the Republican party anJ reehing messages for the head of that party , that the party and the head ol it had not been grateful for the $2oO- 090 which Mr. Harriamn collected and which Mr llarri'ian collected and rave in 1004. Poi.rese , as one of the executive committee of niio v.hich is t * do the actual work of the iub - lican cainpaign. is in en or of taste and judgment but not a great d"al worse. With T. Coleman Du Pont cf Delaware , however , the case differs Among the conl 5nations now being prosccuto'l by the Ke'leral Govern ment is that aggregation of comiian- ies known as the Powder Trust. .Mr. Du Pont is president of the fifty mil lion dollar Du Pont Po'vdor Company , president of the ttn mi'iion ' dollar Jnterr.i'ticiril Powlor Coinpanv. direc tor of the Int ° niaioal Sinol-reloss Pov/dcr C ' 'ninr , and vice-presidrni of the InMing company. th- > ie , : - v/ar"1 Seci.ntios Comixinv. whi h OV/MS a mMvM'ity of the stc-c ot : he I aiii ( : fi n."iid Powder Corn a'iv 3. * ! ) ] > osa th.n Mr. Taft , being succ r.-f.-.l , should be arpror.ched hy Mr Du Tout tiuis- 'I am one of the ten iron , includi ig Cliairman Hitchcock , \vho have put you over the plate. T don't want to be re.r.iinding you cor/iir.u-illy of the obligation ; there is ore irr.yll pi-re of patronage 1 sh ul 1 like. aul 1 slvi t sr-oyk to } * ou about pationage again clurirg vour administration. There is a d < serving your.g friend of mine- whom 1 shoj.ld like to have aipoint cd to the i\siton : late1' ! held by ? ilr Purely , in 'liar/e of that buieau of the Do ar'rvseTt ' of Justice \vhich is s.-'okiirz to brrak up my rjr-aiiy ] ) , deprive i.e ot some of my puperty. and do.-lare me a violator of tiio law ' Soinothine analos ys would Jur/e Leon the pres one" of ! ! . ; rrTlriw two VCTTS air'1 on a cor.iniilU'O of trn to collect finrls and proin > te the election of Jerome as distrk-t attorney A minort\ : plank , calling for a statute providint : for publicity i > f camjjaign expendi tures , was thrown out of .the committee mittoe on resolutions by a veto of > 2 to 1 , and was rejecte 1 on the floor of the convention bv a vote of SSO to 94 Nebraska and Idaho and jvrts of Wisconsin and Indiana favoring it. The amount of P.ourbonism s 111 K fc in the Republican party is far too large. " "Tha People do rule. " says Sher man , the candidate of the trusts < \ r Vico-PresidonJ. The truth is tint a. bill introdur fl for the protection of the right cl the people cannot even be voted on in the lioiise where Can non and SIreraian rule the rost. It is bad enough that under the dic tation of the speaker and his Com mit ! ce on Rules , labor bills are strang led and not permitted to cone to a vole. P.ut. worse than that , if pos- liblo , is the f ict that the Speaker 3icks committees so that bills that he 3ces not like cannot even got a hear ing , but arc strangled ia committees by direction of the Speaker. The people ple aic up ii : arms all over the coun try , and Anti Cannonlsiu Is srcwiug in Domilarily. The People Say : Senator Fulton went to Oregon , and ssked for re-election , and the peoplj caid : "WE , : " WANT A CHA\SE Senator Hansbrough went to North Dakota fcr re-election , and ths peopla said : "WE WANT A CHANGE ! " Senator Kittrcdge heard it in South Dakota , from the people : "WE WANT A CHANGE ! " Senator Long asked the people cf Kansas for re-election , and the people j shouted : ! "WE WANT A CHANGE ! " i Senator Hopkins went to IMinii' ; ar.d asked for re-election , and two- thirds of the Republicans of ! Ilinci3 announced : "WE WANT A CHANGE ! " Almost one-half of the Republican of Iowa , even when asked by their distinguished - j tinguished Senator , Allison , replied : - "WE WANT A CHANGE ! " The voice of the people is unmis takable. Wherever they have had a chance to speak , they have earnestly lifted their voices , saying : "WE WANT A CHANGH ! " That sentiment is sweeping the whole country : "WE ! " WANT A CHANGE e PROTECTION FOR LONDON- ° o ERS. © 0 o A serving machine made in © ® Bridgeport , Connecticut , costs 35 ° o to 40 dollars there. The same o c company sells them in London * a for 23 dollars. How important o ° o it is t at there should be a tariff - ® iff to protect the business of the o manufacturers of sewing mao * chines. ° oaeaoosoeooooaoooooaooocoe AN AUDACIOUS AND INSOLENT PERFORMANCE. ( Springfield Republican. ) "If Mr. Sherman ever did anything in public life to attract national atten tion , prior to his nomination to the vice-presidency , it was his appeal to Harriman for campaign funds in 1308 , as revealed by the President's letter. Harriman at that time had not be come so notorious and so obnoxious to the American people as he became somewhat later , yet his business char acter and political standing were as well understood in the autumn of 1906 by Republicans like Mr. Sherman as thsy are today. Taken in connection with the campaign fund publicity is sue , the Sherman nomination seems to be as audacious we will not say in solent a performance as the Republi can party in these later years of its history has been guilty of. " OQeOO9OOO9OG99QQO 9OO3OCCO o WHY ? JUST WHY ? o o o & o ° If your banker asks why you ° think your deposit should be e * guaranteed , ask him why he ° o thinks your note that he discounts - o counts should be endorsed or g o backed up with security. o Why Mitchell is for Bryan. $ Jchn Mitchell to the New York World. ) "In accordance with your invitation , I wish to state that , in my judgment. Lhe election of Bryan would bz for the best interests of the whole nation. 'He stands on much the better platForm - Form and wKI be guided by it in the event of his election. Mr. Taft is handicapped by the zealous advocacy 3f his cause by the predatory rich. Honest wealth and business have nsih- 'ng ' to fear in Bryan's election. " Sawyer Bros. Oasis , Nel'r . . cliir : e of tlie > > t iMttle. II rM" * ! on -'tslioii l ilpr Some left s-ide. liors isS Bailie Jeff tlilgh. Range on Snake JOHN' KILl.S I'LKXTY M Fri' cis Mis sion. Itoselnid. S. I ) . C ttlt > branded as in cut ; hnres panie on les thijjh. Jtangc hf- tween Spniii t 'k and Little" White rner. D. M. Fears. Kenuedy , Nebr. Cattle branded as on ctit.i'eft aide Some on loft nip. Horses same on left shoulder. Ranjre- Square _ _ , - * . , r n * rrr Lake- Woodlake Neb Ituii e on l.oh j LaU.r , and Crook ed Lake. Nebraska Land and Feeding Co. 3irtlett Rii-luinls Pres Will ( J C'omstock , V. P. Chas C jainison Sec iTreas Cattle branded on any part of animal , also the following Kange between Go : don on the F.ii , * IW V . R. R ad 3yanniH on M.B. E. in Northwestern Nebraska. BAKTL.KTI - - ' V Aleteger Bros. , Kolt < l Xebr Cattle branded anywhere on Ictt side. Earmark , s < [ uai e crop nylit ear. Horses hae tame brand on eft thiyh. Kaiw on Cordon and Snake Creeks. A Reward of $250 ill be } aid to any person for ritonniition leading , to the arrest and t'nal conviction ot any person or persons stealing c.Utle with abo\e brand. J E. ISurge , JTehr. Tubular wells and windmills. &j Call me up ly Telephone. Sew Train Service To Hsirou , Aberdeen aiul < Dike.s. Pullman standard sleeping car laily via the Chicago & Xorth iVestern Ky. between Omaha , Sioux City &Aberden. Daily train ervice Omaha to Huron , Aber- leen and Oakes , with direct con- icctions to all points in Korth Da- rota , northern Minnesota and the Canadian northwest. For partic- ilars apply to any agent , Chicago c Xorth Western Ky. 362 Jos. Bristol Valentine , N < r. tr.im ii\vi r- " r milefl efts' " : ' " ' Niobrai * h'oracb and cattle uiitudtjd rv B connected on left hip or side 33 shown in cut R M Faddis& Co. Postofflce address-Valentine or Kennedy. Some branded v * - on left thigh. Horses branded ion left shoulder or thigh , Some Some'branded branded on right thigh on left or shoulder. shoulder I or thigh P. H. Young. Simeon. Nebr. Cattle branded as cut on lef c aide Rome QYon 1 side. on left jaw of V horses. Range on Gordon Creek north of Simeon , Albert Whipple & Sons Rosebud S , D. Cattle branded SOS on left side OSO - n richtslde Some cattle also have a - fen neck Some with A. on left shoulder and some branded with two bars across hind qnar- Iters. Some Texas "bTanded O on left side and someg on leftside. Horses branded SOS on left hip. Some cattle branded AW bar connected on both sides and i fr hln of horses N. S. Eowley. Kennedy , - Nebraska. Same as cut on left , side and hip , and on left shoulder of her ses. AlsoPSa on left Bide hip. 20 4on ieft side Sr.me oat- ' tl > brand ed peg ( either side up ) on left side or hip. p on left jaw and left shoulder of horses , ijj ijjQ on lelt hip of horses. "N"on left jaw of horses C. P. Jordan. Rosebud , SD Horses and cattle same as cut ; also CJ BE JJ on right hip. Range on Oak and Butte creeks. A liberal reward for information leading to detection _ _ _ _ _ of rustlers of stock bearing.icy of these brands. KOHL &TEKUILL. Brow nice. Neb. Tattle branded as in cut on left side. Some branded K. T Y on left hip. Range on Xorth Loup river. t\vo mile1 ? west of Lrowulee J. A. YARYAN Pullman , Nebr Cattle branded JY on right side Horses branded JY on right shoulder Reasonable reward for any information leading to the re covery of cattle strayed from my range. Pat Peiper Simeon is 6 combination of the high est grade impOrteti hops , the choicest selections of barley , and pure artesian F'iALT EXTRACT is not only a most efficient \irnlizer I and producer of ne\v blood and tissue m & $ m rv p S t 7 " "fa - * ' " 1- * - - - : i - - - - ' - - ' * - -lU uil..i . g T j. . ' r .y s