Jasper Weekly Courier, Volume 51, Number 2, Jasper, Dubois County, 25 September 1908 — Page 8

THE HIGH ,ßW. , MEMBERS RETAIL ART STORE r- i t "'-MERCHANTS ASS'N

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Fall Styles In Men and Boys

MODbnN ULUiniiNU. as v,

S, ft The splendid quality of High Art Tailoring

jtis oue to tne laci uiui u ;ui Rmade in our own tailor shops. This is not 5 'rr,ni.nl" nnnriitirm oxistinc aniOllir UV

ä marks of ready-to-wear clothes In our foii.ii clinic nnntlitions aro regulated

Munu luiiwi wivi. - gso that uniformity of work and best results

Bare obtainable. Every section is under t ie direct supervision of the members ot the firm The work we produce gives evidence

f- ;' SUt an una v.tuv, i w o" ' jthe measure by which other makes of mens f ivounjr men's and boys' clothing is judged

ghy. liuying lrom us at reiau yui. um msi j?h ind and the best that is mnj)o Men s

Iboys $2. Ml to $15. We are retail distribut-5 ling agents for Knox and Stetson hats, lllanan Shoes, and best make of furnishings r nlnn. as H

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MAIN

EVAN5VILLE, INDIANA.

jg'!STREET jjsjspfc -ö R 5 g5s pbo m ptT y"at tendco to

STREET i

G.P.Waffner

-MANUFACTURERS 0rWAGONS aND CARRIAGES, 0 And Dealer In Ol Agricultural Implement! and FrtilizrH.

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Genurnl Repairing fc Horse .Shcnii g o

North .Main Street

Jasper,

Ind.

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we try 10 muKU your auvcruscmeni t

ii- Attractive. You see this. Give us

your order and we will print an adfis, vertisement that will be different I

from the "other fellars." We know

how. All you have to do is to say

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so, and we want you to say so.

ourier Printorium. $ T A CinTTtT TMnT A T A 'Is

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VA'

PROTECT DEPOSITS

CUARANTEU PLANK ONE OF MR. CRYAN'S WINNING CARDS.

The Object Lesson In Oklahoma and Convincing Men that their Saving In Uanks Should be Protected a Well as Government Deposits.

I The Democrntlc Xatlonnl" Platform favors sunrantcpil bnnk licposlts; tli! Ileptthllcan platform is Bilent on that BUbJuct. .Mr. Ilryryi heartily chaini pious tho plan; Mr. Taft is strongly oppood to it.

Mr. Taft and Guaranteed Deposits. In his spoooh ot ncceptanco Mr. Taft puts himself scjuarely on record ns be-

' ins opposed to guaranteed deposits. jHe says: "Tho Democratic platform , recommends a tax upon national bauks and upon such stato hanks as may come- in. in the nature of enj forced insurance to raise a guaranty : fnnd to pay the depositors of any

bank which fails. The proposal is wholly imprncticnblo unless It Is to

, 1 at ion in our banking system, with a suporvision so close as practically to I create a jtvernment bank. If tho proposal vi "re adopted exactly as th Prmm ratio platform suRgestB. it woiiU brlu t the whole bank ins system of the country down In ruin." Why rek to confuse the people on a pimp!? proposition? We are supposed f have Ooverntnont super vision of national banks now. Supervision does not menu a government bank; It simply moans that the nnItional bnnk Inspectors will do just as

they are expected to do under existing law make their examination of banks thorough and make prompt and effective correction of any Irregularities discovered. So it will be difficult to frighten the people by the claim that guaranteed deposits means thorough supervision of banks. That's Just exactly what the people want. It Is absurd to say that guaranteed deposits would "blng the whole banking system of the country down to ruin." What does "gusranteed deposits" man? H means that the savings of the masses shall be secured so that when men and women deposit their hard-earned money In banking institutions, they need not worry or fear It will be lost through the recklessness and dishonesty of bank officials. Tho Federal Government demands of

these banks security for the money It deposits. As a rule state govern mcnts and county governments and municipal governments make similar requirements. Rut now that It Is pro

posed that depositors generally shall

have somo such assurance for

Bafe keeplni of their wealth, we are told by the Republican candidate for tho Presidency that the adoption of Ruch a plan "would bring the whole banking system of the country down to ruin." Oklahoma's Object Lesson. Oklahoma has the guaranteed deposit plan and tho following Associated Press dispatch tells of its operation in the first bank failure since the law went Into offect: 'Guthrie. Okln., Mar 21. 190S. Within one hour from the time II. II. Smock, Oklahoma banking commissioner, had taken charge of the International ßank of Colsate he hnd authority to pay the depositors in full,

though the bank's cash and available funds In other banks fell $22.000 short

! of the total amount of deposits. The

commissioner was enabled to 'do tills under the operation of the new banking law. and this Is the first time It has been called Into uso. Under the oporatlon of the guaranty banking law of Oklahoma a tariff of 1 cent Is levied upon tho average annual de

posits of the banks, and this money Is used In payment In full of all depositors of an insolvent stato bank, aftor tho funds have been exhausted." Will the Banks Answer This? In addition to the arguments already presented In favor of tho guaranteed bank, tho following is submitted: The United States Government requires a deposit of specific security when it deposits money In a national bank; the stato also requires security, and the county nnd city deposits are secured Ither by bontis or by the deposit of specific securities. Now the question arises, if the United States Government, which can at any time Inspect a bank and find out Just what it is doing and how its business is being conducted, requires security for Its deposits, why should not security be given to tho depoB Iter who rnnnot exnmino for himself and does not know anything about tho bank's solvency or methods? And loss to the national government, te

tho stato, to the county or to the city would be bo. ne by all the peoplo and thus bo small upon each one, whll" the loss to the Individual has to be borne entirely by '..'mself and may wipe out his entlro savings. Is not tho argument stronger In favor of tho protection of depohltors thnn It Is In favor of the protection of the nation, the state, the county or the city? Jlut tho case is even stronger when th hank in required to put up specific futurity for the protection of national, state, country, or city deposits. Its KlU-cdged securities are thus hypothecated and the Inferior securities aro Utt Xor the security ot tk 4tpMtlUra,

j to that, is a matter of fact, the ufc lie deposits are not only protected, but thoy are protected t the txpeaso of tho lrdlvldual depositors. What ehalt wo say of a uatloual bank which willingly gives the government spedHe security and thwn opposes the protection of depositor ? And. Btraugo to I aay. thoso big batiks that get the long ' deposits from the government upon ' specific security are the very ones that have fought and aro fighting th system for the guaranty of depositors. It is ttmo that the depositors understood tho situation and got together for tholr own protection. Will any banker who is opposing the guaranty system answer this argument and explain why it is right to protect govornmont deposits and wrong to protect Individual deposits? ! When the International Uante at j Colgate. In Oklahoma, failed, the fol- ! lowing notice was posted on tho door:

NOTICE. This Dank Is In the hards of th State Bank Commissioner. Depositors will be paid in full by The State Banking Board. Plcace call and get your money. H. H .SMOCK, Bank Commissioner. State of Oklahoma. May 21, 1908.

o o o

A farmer in the country, who had monoy in tho bnnk. sent word that ho was too busy to come at once, but that he "would call in a week. What a contrast thnt is to the rush that Is made by depositors in hanks where deposits are not guaranteed? There tho peoplo almost beat down the doora f.o get their deposits.

SARGEANT ON TAFT.

Äfcßclable Pr cparationfor As

similating HicFoodaniincöuIaling the Stomachs and Dowels of

Promotes Digcstion.Cliecrfulncss andHcsi.Conln'ms ncitluT Opium.MorplmiG norIiiicxaL Ts'OT A11C OTIC .

IxJrntut finite iCnrc! lfnpSrJtStnkiyrtm normt

Aperfecl Remedy Tor Constipation, Sour Stomach, Diarrhoea Worms .Convulsions .Fcvcrishncss nnd Loss OF SLEEP.

FacSwülc Signnlure of NEW YORK.

CXACT COPY OF WKAßßEH.

CASTORIA Ijfrr Infants and Children. The Kind You Have Always Bought

Bears the Signature

of

AW

y

He Declared that Judge Taft Rsmanded Worklngmen to a ServItude as Degrading as the

Spartans Imposed Upon Their Helots.

In Use

For Over

Thirty Years

WORM

TMS oiNTtun toaniiT. nn tor citt.

Last week Mr. Frank P. Sarpeant , died. In 189.1 ho was Grand Master ( of the Brotherhood of Locomotive Fire-; men when Judge Taft "reduced rail-; road trainmen to machines to do the bidding of a master." Here are some extracts from an article written by Mr. SarKcaut about the decision by Judge Taft that was a grievous wrong: "if a Judge of the United States court ho was discussing Judge Taft's decision may abolish this right of an employe, ho remands him, unequivocally, to a servitude as degrading as the Spartans Imposed upon their helots, nnd it is this phase of the strike which has aroused such intense concern and alarm. '

"It will not he expected that I should enter upon a discussion of tho legal points involved; at best I can

the i only voice the sentiments of a body

of law-abiding men who have been trained by tholr organizations to re-

tpect laws and tho decisions of courts, ( and who find themselves suddenly reduccd to the condition of peonage by !

! tliA ilnfle1nn if i TTnltr.fl ?tntr.c llrtp-f'

Jasner Roller Mills

ESTABLISHEDJ847

"It Is asserted that railroads become common carriers, but are unable to perform their obligations without men. They must have men, and It should be stated they must have engines, fuel, water, steam, tracks, etc. The locomotives and equipments can bo purchased and become the property of tho road, but they are useless without men, and these, once securod, the general manager, speaking aa If by authority. Intimates that ( they become fixtures, because, without them, as without engines, the ob-1 ligations of tho railroads cannot be linrlormed; 3tich Is the newfangled ( IorIc relied upon to reduce railroad ' trainmen to machines, to do tho bidding of masters with authority con-1 fprrcd by a United States Judge. In ; at least one notable Instance a United States Judge has shown his utter contempt for a sovereign state and th j laws made In conformity with the f constitution, and has sent county otfi-1 cinls to prison because they would not ' dipregard their oaths and obey hlr j mandate and It will readily bo con . ceded. If such a high-handed outrage can bo perpetrated and the Judge re main unlmpenchcd. that a Judge may. ' with equal Impunity, subject railroad I

employes to autocratic Indignities."

"Hut It so happens that while men debate such propositions, embodying . self-evident truths, the court, with an iron grip, holds freemen In bondage, nnd tho victims nre ns powerless as when, under another exhibition of j pi wer, mon were sold at the auction block." I

Make the Celebrated P ATOKA LILY FLOUR Best G-rade in the State of Indiana, They Also Want our WHEAT ' .ind nay the Highest Market Price in Casr Flour and Ship Stuff for Sale at all times. J. A A. ECKERT

rHE SAFEST AND QUICKEST WAY TO TRANSFER MONEY IS BY Ioxig Distance! jTelephoxio. For Kates Apply To Local Manager of

CUMBERLAND TELEPHONE &

TEURM

INCOIU'OIIATEO

TAXING

THE STRICKEN CITY.

When San Francisco was de atroyed the proposition was made to admit lumber for Its rebuilding free of duty. The Republican party managers sidetracked It. But why should they have taken this attitude? As long as they plead that the foreigner pays the tax there was no particular reason for them to compel the people of that stricken city to pay ten per cent more for the lumber In Its rebuilding than they would otherwise, Just in order to prevent an object lesson In the event" of real tariff revision.

LAMPERT & BOGKELMAN General Merchandise. Shoes & Clothing, Dry Goods Notions, Staple and Fancy Groceries.

Gauntry Praduce Tff anted! Give us a Call. Both Phones Free Delivery. West Sixth Street.

JASPER,

IND.