Jasper County Democrat, Volume 10, Number 39, Rensselaer, Jasper County, 28 December 1907 — Cat! for Precinct Meetings. [ARTICLE]

Cat! for Precinct Meetings.

In 'accordance witn an order of tbe Democratic State Central Committee the Democrats of Jasper County and all others who desire to co-operate with them, are invited to select delegatee in each precinct on , Saturday, December 28,1907, At 2o’clock p. m. These.Dele-

gates will meet for the purpose electing a committeeman to represent them on the State central committee on the 2nd day of January 1908, at Monon, Indiana. Lucius Strong, County Chairman.

Personally, we would rather run a democratic paper in an overwhelming republican county like Jasper than to be a banker. But as few editors ever develop into bankers, we guess we need not worry about it very much.

JitU God-rich has given out that on the ooldest day of next February that he will aeleot the Fairbanks delegates to the National convetion at Chicago. It might be well for Jim to know that the fellow that used to do that sort of thing for us republicans in Benton is now driving a milk wagon down in the hills of Brown county and that the county, although nominally five hundred republican, has had some of its offices filled with democrats. —Fowler Leader. (Rep.)

As there is fixed purpose among Indiana democrats to make a winning fight next year the necessity for united and harmonious action is everywhere recognized.,. There is going to be no room for the disturber —for the misguided person who turns his guns on his brethern instead of training them on the enemy. It iB not likely, however, that there will be any trouble on this score. Indiana democrats know the value of united action. They remember past victories, aohieved when personal animosities were forgotten and factional differences were buried, and 1908 is to witness a repetition of former triumphs.—Laporte Argus-Bulle-tin.

The new banking law for Oklahoma, wherein is provided a guaranty fund for the protection of depositors in insolvent banks, will become operative February 17, 1908. Its makers believe it 'will make impossible a run on an individual bank and prevent a money panic in the state. Each stßte bank is required to pay the State Banking Board a sum equal to one per cent of its average daily deposits. Whenever this sum is depleted it Bhall be increased by further assessment. When a bank fails the State Bank Examiner steps in and forthwith pays the depositors from the guaranty funds held by the Banking Board These payments become a first lien on tbe assets of the defunct bank. National bankstbat wish to avail themselves of the benefits of the law may do so on a plan agreed upon by the Banking Board, the Bank Commissioner and the Comptroller of tbe Currency of the United states.

Something must be done and that Boon to guarantee greater safety to deposits in bank. The simplest and most effective plan, it would seem, is that first advocated by Hon. W. J. Bryan for the goverment to guarantee deposits in national banks, and the state to do the same in the case of state banks. This would settle the currency question, as there would be no excuse for boarding them. It the goverment were back of the banks the banks would be just as safe and as good as your money, for if your goverment is not financially good your money, which the goverment is behind, would be no good. This plan appeals to ns As a simple and sensible solution of the present financial ills of the country, and in view of the recent financial troubles and currency stringency, we doubt if there will be many people who will now poke fun at Oklahoma’s state constitution, whioh provides for state guarantee of deposits in state banks, mention Of whioh is made in another column. No doubt other features of this “freak constitution, ’’ as Roosevelt and other republican blatherskites were pleased to term it, may also prove very wise measures and show that the constitution-makers—who I were long-headed democrats— I

knew precisely what was “the thing” when they wrote the by-laws of the new state. He laughs beat who laughs last.

Some disgruntled fellows up in Hammond, calling themselves democrats, have started what they are pleased to term opposition to Jamfs K. Risk of Lafayette for reelection as district chairman. The democrats of Jasper county do not look with favor upon any movement of this sort, nor do we believe there are any great number of democrats throughout the district who do. Mr. Risk has made the best chairman this distriot has had in many years. He has been a zealous, tireless worker in the oause and has done more to promote harmony and arouse activity among the democrats than any obaififfiaa we have had in our memory. Not only should he be re-elect-ed distriot chairmain, but it would be a mighty good thing for the Tenth distriot if he should be made the State Chairman. Not for a dozen years has the party been so united as at present, both in onr district, the state and the nation, and the prospeots for the democrats—which mean the people rather then the trustß and special interests class —for winning a great victory all along the line in the next campaign has not been so bright in a great many years. The fellows who are attempting to stir up strife and disoord at this stage should be promptly relegated to the rear, for no go d democrat who desires party suocese and a betterment of conditions will Btart any such movement.