Jasper County Democrat, Volume 11, Number 30, Rensselaer, Jasper County, 16 September 1908 — THE WAY IT WORKS IN OKLAHOMA. [ARTICLE]

THE WAY IT WORKS IN OKLAHOMA.

C. M. Archer of Yukon, Okla., was in Francesville a part of this week on business. Mr. Archer formerly lived in White Post township. Oklahoma recently passed a law guaranteeing bank deposits and your reporter asked him what kind of satisfaction it was giving. He said that in Yukon there was a state and national bank, the former operated under the guarantee system while the latter did not. So far as the banking methods were concerned of the bankers individually they were looked upon about alike, but the people naturally felt that the guarantee bank was the safest and began to turn their deposits that way. The national bank is now surrendering its charter and will come under the state supervision. Mr. Archer says the new system Is attracting capital to Oklahoma and the people of Kansas in both parties are pledging their legislative candidates to vote for such a law.— Francesville Tribune.