Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 28, 1908, Image 2

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    THE OMAHA DAILY BEE: FBiPAW AUGUST. . 28. .J90&
18 in
Id. AMATEUR PHOTOGRAPHERS
FOR THE BEST PHOTOGRAPH OF THE W1ND3W DISPLAY OF
PIANOS TO BE
BENllETfS PIA.10 CONTEST
-- - i i
-; This tUt-play will rt-nialn in the windows ftntll Monday, August
81st. . Photograph must bo turned In, properly enveloped, with con- .
tentaoTs natnen tuir) addreflH, to the piano department by Saturday
nlgtit,;fptemhcjr4"th. ....
- tor nr -she Information consult our Mr. Schneider of the
pnol'ofinlphtc (fivwHrnoht. '' ' '
Jtdeea whd 'rlll award the priee are the official photographers
.Li"''.!.!': '..'.... . i-
4MEt.Vr-ICTlRKS 'FOM AMATKIIW ONLY
plrture-p to 6x7 inches.
'i-V NVrh'e' of winner With
dally papers. vS t. . . . .
L
Taft lias, never betiCendAs pot, an enemy
of labor; hhat Ins Interpreted th law justly
and that his decisions., have been used by
labor td' Airport-Jv.-in fegal controversies,
and- finally- the't he hnw.vshown both by
deeds and words when serving as secretary
of wac.. itfat.he rfcogais$l to the limit the
rights which htbbr possesses. The attitude
of the fepuMl.rart;''.tWfys set forth In
the. plank adojited.at., Chicago la. to be dis
cussed by yofniTt J speakers', but - Mr.
Taft" Is If, a Pps'ltlpfj "-t&A,iftpw that' h.e, has
gone . faj tlij r J.a Md"lhe delegates Who
framed the-platform Inmost of the states
through Wlilch T passed the disposition of
the laboring rnon.-. wjio ,vted the republican
ticket In, lle past,w,a. to, continue to vote
that tk-ket ift eptte-of-.the-ndvloe to the eon.
trary he Ik receiving TVom Presldehtaotri
pers of Ujjmphn'VtaUon. Of fbor.
On the Pac ItJo sonst.where labor Is re
ceiving high -Wass fcttd 'Is laying- aside
money, ;'n.d 'SVerVteJiVilpV Jmpprtjaqf-e Is
given to, the Injunction Issue. Of course,
the attitude of many voters will tie Influ
enced by Yhe .conijfjlqfj tfi'efr pocltet on
eleetionday..Ii..lsI interesting, to note that
the nuaibertof -tte untmployert In the middle
and far" West. Ms' steajdffy "decreasing. "Fac
tories are, resumlQg, operations,, railroads
havs , re-emplsyed - a; large' proportion of
the meft'lsfia orf Iait Winter, and there I
more, aeUtltx In varjitis, lines than . has
been the case for mtths Merohants say
trade, lr picking lip splendidly and will be
normal tfil fatf."t T"he c'ropa of. the grain
produclhg. stales,, V In first class, condi
tion. The farmers were never In a better
situation. If the present, yate' of recovery
continues there Is every' reason toj antici
pate thai by November to a large majority
of the people hard limes will be but a mem
ory. ' " ''" '' '
. Infloenee of Local Fights. '
There are' local fights of a bluer charac
ter ln:.bothi the republican and the demo-:
cratio parties. 'In Weer'Vlfgtfila there' are
two , rapubflcsh,. candidates for 'the govern,
ship, -fa. Missouri Tnet democratic candidate
for.the- fc9vrnerh'lp-. U charging that Ms
suacessfur oppifneVit (')he primaries Was
chosen as av. result wf fVau3ulent votes.
There are sen&terlet factional ,qontosta In
Missouri ? lowa.iWasningten. and- other
states Most' o these' Will have a certain
effect 'ufori the presidency, but the action
of the- people-4 oof - tKe'flrasldency unques
tlonabjyr wllK bavs nnora- effect upon de
termining which party shall be locally vie
torlous. Realising that in unity there Is
greater chance of victory, the leaders of
both parties are endeavoring to establish
hnrmony. Undoubtedly they will be gener
nlly successful.
As the campaign goes on the Issues will
narrow down more and more to the per
sonalities of the two candidates for the
presidency, the Influence of President
Roosevelt, and the attitude of the candi
dates upon the questions of the tariff and
entl-lnjunc tlon. The feeling among repub
licans Is that Mr. Taft will win by normal
mujorltU-a. The greater unity which pre
vails among the democrats Is responsible
fcr this moderate claim. The democrats
generally seem to be discouraged by tho
defeats they have suffered uninterruptedly
In the last three campaigns, by' their ex
pectation that they will not be able to poll
the entire democratic vote because of . the
action o many democrats In staying1, ot
home fhVough -unwllijngYifss - to support
J3 -
'A
In preparing for school
..... ..f.- j
the Lilliputian the outfitting of young people receives our
whole attention and makes a busy store.
Misses' Sailor Suits
A special purchase of misses'
woolen tailor made sailor suits
enables us to offer 115.00 and
1C. 60 values 4;tVhandaonie sav
ing there are-,'ybrowns.",. blues,
grays and pretty theckqd novelty
cloths Just the thing for "going
away to college" dresses, for
sges 12, 14 add') 8; none worth
less than f Ul spoelal $12.50
Collcflc Wots
BENSON THOKNE CO.
1515 1317 DOUC1
BOLD Ffi
GIVEN AWAT IN
of
'
.prlee-winnlng picture will appear' In the
'
ennclf Compaoy
Mr. Bryan and by lack of .Issues which
come home directly to the .people, . Demo
crats admit the. republicans Are in a far
better situation strategically, and .they say
there must be an earthquake la order to
break the strength wh(ch Mr. Taft enjoys.
JOHN CAXLAV QXAUGMUN.
BRYAN TALKS TO THE. AD MEN
Responds to Invitation to Make Them
Short Address.
KANSAS CITY, Aug. 27.-An impromptu
address by William J., Bryan, who. was. in
this cjty two hours this morning enmute
to Topeka, was the feature et-fbe con
vention. of. the Associated Advertising Clubs
today. Mr. Bryan stopped at the Balti
more hotel,, directly across the, street from
the Willis-Wood theater, where the morn
ing session of . the, convention, was held,
and he . accepted the invitation .of the dele
gates to .make a speech. . .. ... ...
Mr. Bryan and his party,, including Theo
dore A.. Bell, arrived In this city from 81,
Louis this morning. The . party, left for
Topeka "at 10:40 a. m.. via ' the Union I'a
clfio railroad, where Mr. Bryan will apeak
tonight, on "Guaranty of Bank . Deposits."
In view of the action of the republican
state convention of -Kansas in endorsing
the guaranty of. bank deposits, Mr. Bryan
announced shortly after his arrival that It
would be necessary for htm to' make some
additions to his speech at Topeka tonight.
LID DOWN BYJMART1AL L J
(Continued from First Page.)
grand jury, recently declared In' an Inter
view that although he was ar teetotaler, he
favored an open Sunday because the busi
ness Interests and the patrons deflred' It.
This Is practically the sentiment of all of
the city and county 'officials with the ex
ception of County Prosecutor Qoldenburg,
who recently created a sensation by pub
llsrttng a' list lof gambling houses' 'and de
nouncing the 'city ofneials rf6f falllfifc to
enforce the law. ' ' ' ' ' " -
ITALIAN KEPT FROM. PRESIDENT
Effort by Ualdentlfled Man to Get to
Executive Frustrated by -Vfllcera..
, .., ...
NEW YORK, Aug. 37. President Roose
velt and party arrived at Hoboken on a
special trln over the Lackawanna railroad
at 7:55 this morning from South Columbia,
N. Y. The party boarded the yacht Sylph,
which Immediately started for Oyster Bay.
While the president and his party were
walking through the train shed oji tholr
Wsy from the train to t,he' yacht Sylplv an
Italian worklngman, whose name was not
ascertained, attempted to overtake the
president's party. A railroad policeman
Intercepted the man, who' declared That he
wanted to speak to the president.
"You'll not see the president," said the
policeman, "you stay right here."
The man then abandoned the attempt and
disappeared in the crowd.
A D(roaiWoiBi
Is rendered antiseptic by Bucklen's Ar
nica Salve; the healing wonder tor sores,
burns, plies, ecsema and salt rheum. 85c.
Beaton Drug Co. .'-.' .
as
two to add!" -
days there is no place like
Girls' Reefer Jackets
A special lot. made up in medium
weight fabrics appropriate for
early fall wear; all age repre
sented, 3 to 14. years, values
range from $5.00 ' to , $9.o6
Pwl ...93.0'
School Hose at 25c
Best stockings for the money. .reV
Inforced at usual weak places, all
. 25
s
Our fall lines are ready and afford a wide se
lection full of strength, -comfort, style-and
moderately priced. ' " " .
BRYAN SPEARS IN TOPEKA
Nebraikan Defends Democratic Plank
on Bank Deposit Guaranty.
REPLY TO MS. TAFT'S STATEMENT
Demneratle 'candidate Thinks ehesa
of Ills Party ts Mneh Detter
Than rostal Savings
Banks.
TOPEKA, Kan., Aug. 27.-Before an audi
ence which filled the Auditorium to over
flowing, W. J. Bryan; democratic candi
date for president, spoke, on the subject of
guaranty of the bank deposits. Previously
he had delivered three other addresses,
two from the veranda of the hotel and the
third at Garfield park, where he attended
a picnic by the Knights of Pythlss. his
latter theme being "Fraternity."
The democratic candidate and his party
arrived here at 1 o'clock and were at once
taken In hand by a reception committee
composed of leading, democrats of the city
and state and conducted to the hotel In
automobiles. A great crowd greeted Mr.
Bryan at the station and atthe hotel.
As announced by him before his departure
from Kansss City, Mr. Bryan, in view of
the action of the Kansas state convention,
which endorsed the guaranty proposition,
made some remarks aupplementary to his
prepared speech on that subject. He took
up the advantages of the guaranty system
snd then replied to the objections made to
It by Mr. Taft and others. He began by
asking why the depositors should be left
unsecured when the national government
demanded security of any bank with which
It deposited money. He pointed out 'that
the choice was between the postal savings
bank and the guaranty bank and accused
Mr. Taft of favoring an ' unnecessary ex
tension of the sphere of government in ad
vocating the postal savings bank Instead
of the guaranty bank. Mr. Bryan declared
that he preferred the guaranty bank propo
sition, which would allow the banks to at
tend to the banking business and yet compel
them to give their-depositors necessary se
curity. Kansas Banker Quoted.
Upon the conclusion of Ills prepared
speech, Mr. Bryan said:
"I asked Mr. Breidentlial, a banker of
Kansas City, to make Inquiry among, the
bankers of Kansas and1 ascertain what
proportion, of them fayored the guaranty
law. I learned that of the bankers that
had expressed themselves on this subject,
about three-fourths of them favored a
guaranty law and one-fourth opposed It.
This Is an excellent showing.. Among the
dsposltors there Is no opposition at all
and It Is evident that the Kansas bankers
recognise, first, that something must be
done, and, second, that the guaranteed
bank Is better than the postal savings bank.
I also Inquired of Governor Haskell In
regard, to the number, of national bar.ks
who have, surrendered their charters and
became state banks in order to have the
'benefits of the guaranty system. I have
a telegram from him saying that four na
tional banks have already made-the change
and are operating under the state banking
laws, and that sixteen other national banks
have applied for . state charters. This is
conclusive proof that the Oklahoma law is
a success. A national charter is supposed
to have some advantages over .a state char
ter, and the benefits of the guaranty law
must be admitted, when twenty .national
banks will In a short time change from
the national, system .to the state system' in
order, cto. give, their depositors-advantages
furnished by the guaranty system. .
Criticism of RepnbltcanS.
Since the preparation of my speech on
this subject, the republicans of Kansas
have held a convention and adopted a state
platform. Tha plank on the guaranty of
banks Is a recognition of the necessity for
security, but the plank Is so worded as to
be practically useless so far as the protec
tion of the people Is concerned. The re
publicans propose to enable the state banks
to "mutually and voluntarily" guarantee
deposits. But that Is not enough. Suppose
that the banks mutually agreed not to do
It. Must the depositors be left insecure!
The KansRs republican platform clso re
quests the republican candidates for con
gress and the United States senate to favor
a law In aiding a natlci.al tank to par
ticipate In the proposed mutual and volun
tary system. But what chance is there
of securing such a law when the republican
national convehllon refur.es to pay any
attention to the subject and when the re
publican candidate opposes the whole prin
ciple of guaranty? Mr. Taft's denunciation
of the guaranty sv.tem is so sweeping
that no disinterested person can for a mo
ment believe that he will either encourRi
or permit a law enabling national banks to
participate in state systems. What tha
pecple need Is a system whereby such state
bat ks and nstlonal banks will be compelled
to guarantee depositors tnd only a demo
cratic victory can secure this leform. With
a democratic president and a democratic
congress It will te easy to secure the adop
tion of a system which will make both
state and national banks secure.
Aetlon of Kansas Republican.
And speaking of platforms, I am glad
to call attention to the fact that the re
publican platform adopted in Kansas en
dorses the democratic platform on two im
portant questions. First, It favois the elec
tion of senators by direct vote of the
people, a reform which the republican na
tior.al contention rejected by a vote of
seven to one, and which Mr. Taft has
never advocated but ence, und then in
only a half-hearted way. In his notifica
tion speech he said that personally he was
"Inclined to favor" such a law, but It re
quires more than a mere Inclination toward
the law to secure such a refor.n.
Another plunk endorsing the democratic
platform Is to be found in the mondemna
tlon of the present rules of the house and
In the demand for a modification of the
lules. This is the positon taken by the
democratc natonal convention and it is
gratifying to know that the republicans of
Kansas have supported us in the position
taken. But what shall we say of the con
demnation of the vice presidential candi
date, Mr. Sherman. While Mr. Sherman s
name is not mentioned he is so prominently
connected with the present rules of the
house that the republican platform on this
subject cannot be construed otherwise than
as a denunciation of him.
"Here we have the republicans of Kan
sas bearlily endorsing the nomination of
Taft . and Sherman even commendng the
tprecli of acceptance of .Mr. Taft-whllo
the convention proceeds ,to condemn Mr.
Tsit's position on the guaranty of banks
and Mr. Sherman's position on tha subject
of rules. There Is no doubt that there Is a
strong reform sentiment among the repub
licans of Kansss and the best wsy that
they can give expression to It is to vote
for the demociatio electors and thus se
cure, a national adinlniatraton in harmony
with reform Ideas and then elect a demo
trailj stale luket wheh stands for re
form, a democratc legislature which will
not only stand for the guaranty law, but
elect Mr. Farrelly to vole for reforms In
the United States seaate, and then the re
puUiisus of Kansas ought to complete
their ork by electing democratic mera
Iwt of coiigiese to lu;ip reform the rules
ut.Uu. iiuUM aod bulu lu tarty out the re-
Who's Who
For Presidential K lee tore At Lara;.
Bell, O. Lincoln; fraternal insurance
man; civil war veteran.
Laager, Joseph y,; Wilbur; commercial
traveler; former American consul at
Solingen; Boh em Ian-American.
r'or Presidential Elector Second
. DUtrlet.
Baldrlge, Howard X' Omaha; former
county attorney; former state senator;
director Y. M. C. A.; member Commer
rial club executive committee; Bald
rlge ft Debord, attorneys.
Hoover, Charles X.., South' Omaha; practic
ing attorney.
For Governor.
Sheldon, George Lawson, Nehawka; pres
ent governor; -farmer; former state
senator.
r'or Lleateaaat Gsrtrssr.
XopewelL M. WL, Tekamah; present lieu
tenant governor; former district
judge; former Masonic grand master;
practicing attorney.
For Secretary of State.
Joakia, Oeorre 0,, Bmlthfield; present
secretary of state; former state repre
sentative; farmer and stock raiser.
For A ad I tor of Pablle- Aeeoants.
Aldsn, John X., Beatrice; retired farmer.
Ailsn, Charles g., Geneva; retired; old
soldier.
Aothss, Otorgs, Omaha; expert account
ant; former deputy auditor; German
American.' Barton, Silas ., qrand Island; organiser
A. O. U. W. , , .
Cook, X. I... St. Paul;' present deputy.
Xaynss, Sobers A, College View; trav
ellng auditor for B, A. M. railroad.
McKesson, John O. r, Lincoln; state sena
tor; farmer. '
Pieroe, John J., Lincoln present Insurance
deputy; formerly practicing lawyer.
. For State Treasurer.
Brian, X.awson Q.t Albion; present treas-!
urer. t -
For State School Superintendent.
Bishop, E. 0., Lincoln; 'present depu-.y.
Carrington, George p., Jr., Auburn; county
superintendent Nemaha county.
Dalsell, James Ev Lexington; city super
intendent; member State 'Normal'
board. " ' '
Martin, . X., St. Paul; city superintend
ent. .......
For Attorney' General.
Thompson, William T Central City; pres-
ent attorney general.
For Land Commissioner.
Cowles, Edward B., Fairbury; loans; once
county superintendent. .
Xusenettsr, William, ' Llnwood; former
stockman; former member state com
mittee. Bams, Harvey X,., Gerlng; rancher; former
school man.
form pledged in the democratic platform."
Mr. Bryan left' ai Vtidnlght for Lincoln,
where he is expected to arrive tomorrow
forenoon.
Text of Mr. Bryan's Speech.
Mr. Chairman, Ladles and Gentlemen:
Why not make the depositor secure? The
United States government requires tfie de
posit of specific security when It entrusts
money to a national : bank, although it
can examine the bank, at any time; the
state requires security when It deposits
money In a bank; the' county requires se
curity and the city requires security; even
the banks, require security from the offi
cials who handle money. Why should
the depositor be left to take his chances?
Not only is the depositor without pro
tection, but the. security given to nation,
state, county and. city lessens his secur
ity. They are preferred creditors; they
have a. mortgage "on the gilt-edged assets
and the depositor roust get along as best
he can with wbat. remains. Why are the
interests of depositors thus neglected?
A bKnk'aekS 'deposits -on the-theory-that
the depositor -Is ue. of the. return of his
money, and the laws ought to make the
facts conform to" the theory. The de
positor, ' the community and the banker
himself will be benefited by 'eglslatton
which will give to every depositor the
assurance that that which is committed
to the keeping of the bank will be available
to meet his needs at any time. Such Is
not the case today, for while all banks are
reasonably secure, they are not abso
lutely so.
For many years efforts have been made
In congress and In .the various states to
secure a law guaranteeing deposits, but the
Influence of the great banking institutions
has been sufficient to prevent action. Last
fall.- however, when the banks by a con
certed action suspended payments on
checks, the depositors were everywhere
brought to a realisation of the fact that
their deposits are In fact loans, payable
on demand-under ordinary circumstances,
but payable, at the will of tho bank In
emergencies. The depositors suffered a
considerable' loss during the suspension of
payments and they have not forgotten t.ie
lesson which they then learned. .The dem
ocratic party, being more free than the re
publican party to respond to the needs of
the masses of the people, Inserted the fol
lowing plank In its national platform:
"We pledge oursolves to legislation by
which the national banks shall be required
to establish a guaranty fund for the
prompt payment of the depositors of any
Insolvent national bank, under an equitable
system which shall be available to all state
banking Institutions wishing to use It."
The republican platform is silent tin the
subject, and the republican cand.datu not
only does not advocate a compulsory sys
tem, but specifically and emphatically op
poses it. 11c says:
"The democratic platform recommends a
tax upon national, banks and upon such
state banks as may come In in the nature
of enforced Insurance to raise a guaranty
fund to pay the depositors of any bank
which fails."
And then he questions the right of ths
government to enact such a law. saying:
"How state banks can be included in
such a scheme under the constitution is
left in the twilight xone of state rlhts and
federalism so frequently dimming the
meaning and purpose of the promises of
the platform. If they come In under such
a system they must necessarily be brought
within the closest national control and sa
they must really cease to be state banks
and become national banks."
His solicitude for the state bank will
hardlv Impress the country, for he Is quite
Indifferent to states and their reserved
rights when he deals with other subjects.
When congress is in the control of thi-sa
who want to legislate for the whole people
lather than for the few It will not be diffi
cult to frame a law under which slats
banks can avail themselves of the advan
tages of a federal law guaranteeing the de
posits of national banks. Just as It was
easy in Oklahoma to frame a law which
permitted national banks to take advan
tage of the state guaranty system. It w 11
also be easy to t-nacl a federal law which
will permit national bunks to avail them
selves of state guaranty systems UTtll a
national system can be secured. Attorney
General Bonaparte's ruling, whether It cor
rectly Interprets the law or not, would not
bring such consternation as it does if the
republican candidate favored a law al
lowing national bunks to take advantage
of state, systems for the protection of de
positors. Postal Savings Ranks.
The republican party ' proposes the estab
lishment of a postal savings bank system;
the democratic party prefers the guaran
teed bank because It Is better for 'the de
positor and better for the banker It gives
thn depositor the security which he rieedi
and yet leaves the banking business In the
Irresistible
the " toast v" flavor of
Post(
Formerly called
Elijah s Manna
Toasties
Made from White Corn,
(laked, crisp and brown.
"The Taste Lingera,
Two sUe, 10c and 15c
' Made by
Postum Cereal I'ocnpany, Limited,
Bsttle Creek. Mich
on the Republican Primary Ballot
For Land Commissioner.
Bhlveley, Josish M., Fremont; present
deputy.
For Raltvear Commissioner.
Aarens, William M., Omaha; salesman.
Abbott, F. X', Aurora; editor Aurora Re
publican; regent state university.
XeaMaad, C. X.., Holdrege; county clerk;
Swedish-American.
Kerr, Myron D., Columbus; brick manu
facturer; former president Omaha city
council.
Taa Wagenen, J. A., Pierce; county at
torney. Walls, . M., Clay Center; farmer;
former railway station master.
Williams, J, AM Pierce; present commis
sioner; formerly teacher, attorney
lecturer, preacher.
For Coaareessmaa.
Blaokbnra, Thomas W., Omaha; practicing
attorney.
Jefferls, Albert W., Omaha; Jeffcrls A
Howell, attorneys; once deputy county
attorney.
Saunders, Charles Xn Omaha; state sena
tor; real estate.
Fee State Senator.
Adklns, Wesley P., South Omaha; former
councilman; police commissioner
Holmes & Adklns, livery and transfer
business.
Bergqnist, A. !, South Omaha; grain and
feed business; former police commis
sioner; Swedish-American.
ritoh, T. yft Omaha; practicing attorney.
MoQllton, B. O Omaha; McGllton
Oalnes, lawyers; former lieutenant
governor.
Swansoa, X. P., Omaha; funeral director;
former coroner; Swedish-American.
For State Representative.
Barnes, B. 0., Omaha; present representa
tive; deputy assessor.
Best, r. 0., Omaha; present representative;
. real estate.
Croak, Z. W, Omaha; transfer contrac
tor; Phllliplne veteran.
Sangherty, J. Omaha; building con
tractor. Xtompster, John A Omaha; traveling
reprusentatlva Bankers Reserve Life;
former state representative.
Brake, James H, Omaha; deputy assessor.
rWdi, O. S., Omaha; editor the Pro
. lector, official organ Liquor Dealers'
association
roster, Harry A., Omaha; dentist, fornfer
state representative.
Gonden, Xk Omaha; real estate; former
park commissioner; civil war veteran.
Kerrey A. X., Omaha; present represen
tative; Insurance; former clerk polios
' board.
Xoff, Sam a.,, Omaha; present represen
tative; superintendent court house;
former policeman.
hands of the banks. But the democratic
platform declares for "a postal savings
bank If the guaranteed bank cannot be se
cured," and In November more than 9
per cent of the voters will by their ballots
demand either the guaranteed bank or the
postal savings bank. Can the flnancli rs
prevent the carrying out of this demand?
The republican platform does not go Into
detail, but It Is fair to assume that the
postal savings bank plank Is Intended as
an endorsement of the postal savings bank
system proposed by the president and post
master general. Under this plan the ffd
eral government would Invite the deposit
of savings, a limit being placed upon the
amount that each person or each family
could deposit. According to this plan the
business man would not be protected, for
he uses a checking account Instead of a
savings account; but no one can doubt
that the successful operation of a govern
ment savings bank would ultimately lead
to an extension of the plan until the gov
ernment bank would Include the ordinary
checking account and be open to deposits
without limit. It would mean a long con
test between the idepositors and the bank
ers, but a contest which must In the end
be decided -on the side of the depositors.
The banker must decide, therefore, whether
he will favor a postal savings bank, which.
In the absence of the guaranty bank, will
grow until It absorbs the banking business,
or preserve the present system ot banking
by giving to the people, through a guar
anty law, the protection which they must
otherwise find In a government bank.
The democratic plan, therefore, contem
plates a less radical change than the re
publican plan. In his notification speech
Mr. Taft charged the democrats with being
socialistic in some of their remedies. The
charge was not well founded, but I might
reply by charging nlm with advocating an
unnecessary extension of the governmen' s
sphere of activity in tiro establishment of
the postal savings bank, when the guaran
teed bank would answer the same purpose
without any considerable Increase in tha
number of government employes. I would
rather see the banks attend to the bai'kln?
business than to have it transferred to the
government and because I prefer to have
the banking business dono by the banks
rather than by tbe government 1 urge the
guaranty of deposits as the easiest solu
tion of our difficulties.
Claim of Depositors.
There is another reason why the claim
of the depositor is superior to the claim
of the stockholder. The stockholder has a
voice In the selection of the bank officials;
the depositor has not. If anyone must
lose, therefore, at the result of bad man
agsment It ought to be the stockholder
rather than the depositor. And I venture
to ask if the bankers will not trust eah
other why should they expect the deposi
tors to trust the banks?
We are fortunate, however, in that wa
are not compelled to choose between Jus
tice to the depositor and Justice to the
stockholder, for, as has been shown before,
the plan which we propose nor only does
Justice to both, but brings advantage to
both. More than that, the plan which we
propose protects the banker and it Is his
only protection against the establishment,
of a government bank, with indefinite en
croachments upon the banker's bus ness.
With the guaranteed bank established,
government savings banks would only be
needed In the towns and vi'lages where
there were no guaranteed banks.
There Is another advantage which the
guaranty of depositors brings to the banks
It protects the reserves deposited In other
banks. During the panic last fall the re
serves caused the most of the trouble. The
small banks wanted to withdraw their re
serves from the city banks, and the big
banks in the cities were not prepared to
meet the siruin. With deposits guaranteed
there would be no runs on local banks
and no sudden withdrawal of reserves.
1 have selected the capital of the stste
of Kansas as the most appropriate place
for the delivery of a speech upon this
subject because your neighbor upon th
south has been a pioneer In this reform.
Its plan, as you know, has been such a
signal success that deposits have been
drawn across the line front your state Into
Oklahoma. The alarm caused by this In
vasion of your banking territory caused
your governor to Include in his call for a
special session a recommendation of the
passage of a law similar to that of Okla
homa. When the legislature met, however,
the Influence of the large banks was suffi
cient to prevent the needed legislation, and
your state still suffers. The people of Kan
sas have had an object lesson; they know
the necessity for a law guaranteeing de
posits. They have seen Us beneficent re
sults In a sister stste; they have seen fifty-four
national banks taking advantage
of the state si stem and reaping a rich re
ward. They hava heard the echo of the
blow that has been struck at the national
banks of Oklahoma by the attorney gen
eral's ruling, which denies to such banks
the right lo share in the benefits of the
state guaranty system thsl echo being
the surrender of charters by national
banks which prefer to become state banks
rather than surrender the benefits of ths
guaranty system. They have also seen
how the Influence of a few big banks,
concentrated upon a legislature, can defeit
the wishes of the smaller banks and the
desire of the depositors all over tho s.ate.
DEBS BEGINS LONG TOUR
Trip that Will Bring Him
Ihroarh Omaha.
CHICAGO, Aug. 27. It was announced at
headquarters of the socialist party today
that the campaign special carrying Eugene
V. Debs, the presidential candidate, and
other speakers through the west would
leave Chicago, Auguse II, returning Sep
tember S. According to the Itinerary of
-the western trip. Mr. Pebs will speak In
eighteen states and travel 10,000 miles.
For State Representative.
Xanek, Jaoob, Benson; draughtsman; German-American.
Xenfky, Joseph, South Omaha; Koutsky
Paint company; Bohemian-American.
Xteeder, Bd, Omaha; present representa
tive; member fire department.
lewis, C I, Omaha; porter; Afro-Amtr-lean.
XtOg-asa, M., Omsha: clerk.
O'Kollaren, Prank C, Omaha; practicing
attorney.
Plnnvmsr, Xsnry Y, Omaha; clerk county
clerk's office; Afro-Amerli-an.
Bhanahaa, Dave X.., Omaha; city sales
agent Armour A Co.
Smith, Jared J, Omaha; former manager
On Time Yeast company; former
member schocl board.
Stone, Kerry AM Omaha; life Insurance;
secretary Anti-Saloon league.
Stnht, Ernest, Omaha; retired; former
member city council; derman-AmSr-
lcan.
Tnckar, p. aj., Florence; present represen
tative; hotel keeper.
Tnrklngtoa, Oeerge B., Omaha; real es
tate. Wappich, Willi sm P., Omaha; practicing
attorney.
For Coaatr Attorney.
Xlnsler, James C, Omaha; practicing at
torney; formerly with Green, Breck
enrldge A JKlnsIer.
Sherry, Albert P., 8outh Omaha; prac
ticing attorney.
Kolllster, T. A., Omaha; practicing at
torney. Meyer, Henry 0)., Omaha; practicing at
torney. For Coroner.
Brewer, O. H-, South Omaha; present cor
oner; undertaker.
Crosby, Willis C, Omaha; undertaker and
funeral director.
Jackson, J. A., Omaha; undertaker and
funeral director.
Commissioner Third Dlstrtet Short
Term.
Xarte, A. C-, Benson; carpenter; former
deputy sheriff.
Commissioner Third District Fall
Terns.
Ellis, E. M-, Irvlngton; postmaster.
Olmsted, William X Union precinct;
farmer; former superintendent poor
farm.
Biggs, James X., Waterloo; present com
missioner; editor Waterloo Gasctte.
Walsh, James, Benson; present state rep
resentative; farmer.
Commissioner Fifth District.
Bloe, George X., Omaha; member school
board; secretary Asnelne Pharmacal
company.
Ure, William O., Omaha; present com
missioner; Graham & Ure, real estate.
SEVERE FLOOD AT AUGUSTA
Savannah River Spreads Over City Six
to Eight Feet Deep.
WATER EISES RAPIDLY IN NIGHT
Loss Will " Bo Over Halt Million
Three Lives Lost aad Many
Residents Have arrow
Escapee.
AUGUSTA. Oa.. .Aug. 27. Via Harrison
ville. Oa., Aug. 27. Augusta yesterday was
visited by one of the worst floods In Its
history.
The Savannah ylver began rising M-apldly
early Tuesday, continuing the day up to
a late hour last night. Water from the
river and canal surged down the city until
a depth of from six to eight feet had been
reached In a territory bounded by Fifteenth
street on the west to the extreme eastern
boundary of the city. Bo far as known
three persons have been drowned, but their
Identity has not been learned at an early
hour this morning.
Reports of capslslng boats In the swift
current have been received, but not verified
because- of the utter chaos the city was
thrown Into by the sudden rise of the water
and resulting confusion. Two fires were
reported In the flooded district. Lime
stored In warehouses, - coming In contact
with the water, was said to have been the
cause of explosions, which destroyed the
warehouses of the Nixon Wholesale Gro
cery company's warehouses and the Nixon
& Danferth cotton warehouse. This, how
ever, cannot be confirmed. The fire was
In the direction of these two concerns, and
as neither the firemen nor anybody else
could get to them, It Is only by conjecture
that the firm names are given. The fires
were a spectacular addition to the devasta
tion already rife, and the people were com
pelled to stand Idly by and watch the new
feature of destruction.
Weather Bureau Warn lags.
The local weather bureau Issued flood
warnings Tuesday morning, saying that the
river would reach a height of between
thirty-five v and thirty-seven feet by I
o'clock Wednesday evening, at which time
It was predicted the river would have
reached Its highest point. This ' prediction
was exceeded by several feet, the river
having reached bctwen forty and forty
five feet, the danger line being thirty-three
feet.
Immediately upon learning the weather
bureau's warning, those living nearest tha
river began moving out for higher places,
and by the time the water reached their
home they were well on their way to tha
hills.
There is a great deal of sufficing numj
the poorer classes of whites and the ne
groes, who occupied houses nearest the
lowlands. When the river began to rise
people could ..be.aeen going through the
streets with what little .bedding and other
articles they could hurriedly gather up
and handily carry Jba their backs. Women
were seen with their children In their arms
making their way toward higher places,
while the men were driving live stock.
Flood Catches . People Asleep.
Thousands of. people went to bed Tues
day night wHh the thought that they would
wake up In time to escape! from the flood.
!Bbi!'d13s!b
Oyslers! Oysters!!
Oysters!!!
CALUMET
The Schlitz Cafes
issues an invitation
to try th popular
NOON LUNCHES
316-20 South 16th Street.
but greatly to their surprise they swoke
lo find themselves surrounded by wster and
cut off from escape except by boat.
The cabmen and those possessed ef boats
Were quick te see their oppertunlty ' snd
at once tx-aan to charge exorbitant prices
for moving those unfortunate enough to
be caught In perilous po"lon"- ' ' ' T' '
Many people In attempting to wade or
swim from their home or from places of
business In the flooded dlSfrlet to' points
of vantage, lost their footing and onty
snved themselves from the rushing tor
rent by catching tree limbs, . or any
thing else they could get hold of.
it is reported that a number of people
were caught In these positions and when
the boatmen passed near enough--le be
hailed they would refuso to go,, to the
assistance of the unfortunates unless hey .
were assured of being paid unreasonable .
and exorbitant fees. One man was seen,
In a tree who was pouring forth pitiful
appeals for assistance and offering fSO to
any one that would rescue him.
The police department early established
temporary headquarters at the health snd
drainage department office on May ave
nue, outside of the high water district, snd
patrolmen were placed on beats up to the
wster line. They made few arrests, how.
ever, the people seeming to appreciate the
sltustion and keeping within the law limits. .
James River at Flood.
RICHMOND. Vs., Aug. 27.-U was still
rslnlrg here at Intervals this morning.
James river was at freshet stage last night
and the streets and wharves In the lower
part of the city were flooded, but the water
has been falling steadily since . S o'clock
this morning. No damage has occurred to
life or property. "
Three Inchea of Main.
NEW TORK. Aug. r.-A terrific d' wn
pour of ralrt, lasting more" than' twenty
four hours, today was attended by the
coldest August weather New York has" ex
perienced for years. More than three
Inches of rain fell and the thermometer
registered as low as SS degrees. The gale
tore up trees and levelled field crops In
the vicinity of New Vork. . .
Several buildings In course of construe- '
lion collapsed when their foundations be
came Inundated. At Fire Island thi Surf
hotel sank several inches and part of the
building fell.
Sections of several streets sank and In
one place In Brooklyn there was danger,
that a number of buildings would fall as
a result of the sinking of a street. ' . '
SHOWS NEBRASKA IN LEAD
(Continued from First Page.)
committee rebuked Stephens for his sc
tlvlty against Howard, but It. had no ef
fect on the chairman.
Bryan Sentiment Receding.
. "Valley county never had such good- pros
pects for a corn crop," said ton. Peter
Mortensen, who was here last night on
business. "While the corn has not yet been '
made the Indications are the crop' will be ' '
a large one and the quality good."
In discussing politics Mr. Mortensen said:
"There was a time this summer when
Brysn sentiment was strong In Valley
county, but this sentiment Is fast receding
and the sentiment for Taft Is "getting
stronger all the tlm."
Mr. Mortenser.'s friends filed his name
for the legislature and while he accepted
the filing and wlfl accept the nomination
if It Is tendered , him, he is 'not j bverly
enthusiastic about being a representative.
"Mr. Rood, my opponent for the nomina
tion Is a nice, clean, young . mtn," he
said, "and I would not be surprised. If he
secured the nomination. Some of my friends
seemed to believe that 'I would make a
stronger race tlHs. fall,' however so 4, -consented
after they filed my name."
Shallenberater Fixing; Fences,
A. C. Shallenberger was here today to
repair any damage In his fences which
might have been made by Mayor ahlman
or Q. W. Bergs. The Harlan county biaa
was much put out that his name should
have ever been mentioned In connection,
with the recent antl-Berge, antl-Dshlman
fake letters signed sntl-saloon worker. He'
had nothlr.g to do with It, he said, and
neither did any of his friends. He made,
the statement that he would carry Douglas
county and beat Dahlmsn and Bcrge both
out In the state. ,!(
A Frightful Experience ,
with bllllousness, malaria and constipation, ; .
Is quickly overcome by taking Dr.- King's f.
New Life Pills. 25c. Beaton Drug Co.
" ,t .'."pU!
AMUSEMENTS
VINTON STREET PARK
OMAHA
-VS-
SIOUX CITY
AUGUST 27-28-20-20 .
GAMES CALLED, 3:45
Ladles' Day, Friday, A eg. BM .'
"wo Games Aug. 29 1st Called, 8;
OMAHA vs DES MOINES
SUNDAY AUGUST. 80e80
Two Games 1st Called, 2.S9
80
DOYD'S Mheater
TO OAT AT glM. TOSTJttMT AT SllS
Direct Prom Sis Tear ef the reel
flo Coast ' k
HENRY MIIXER ,
Za the Great American Play .
THE GREAT DIVIDE.
Prtday aad Saturday. Mat. gstarday.
THE TIME, THE PLACE
AND THE QIRL' -
Mest Bandar for Pea K'srferaiaaeee
Xageae Welter Play
THE "WOLF". '
KRUG
THEATER
lSe. age, o, T5
TOBUOKT 4AX.AMCB , OT t.
THE LYMAN TWINS
xv thi TAmcza piumnu
puss rati tb
At the Matinee Saturday the lady
present holding the largest number of
these notices will be given any gSS.OO
JKat In J. L. BrandeTs' store. Htart
saving now, and bring them Saturday.
iovDATi run mofAt ckbp.
PfiOMC
WW
HJLi.
'Phone Xadepeadent A-4. '
ADVANCED VAUDEVILLE
OPB BBASO, SUVOAT MATINS
Aagast 30. Basts new oa sale
prices! ice. ae and goo. - .
S3
Phones Seng. lSOei lad. A-iaoa,
OPENS
BVmWOOD STOCK CO.
I'm
SAT. CHRISTOPHER, JR.
EVE.
sets selling f ee first weakf
BUtsi Baav, Tmes Thars, BC
BASE BALLi
r
4
a
I
.1
vi
J