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4 Haatasirc fto Z'Z: (SEMI-WEEKLY.) ^ __ 1 jj00tl , SATURDAY, OCT. lO, lOOS. Kpecu i _ - We hi GUARANTY OF BANK DEPOSITS. ha , will Ij The Anderson Mail makes the past, unique point that the opposi'jon tually of national hankers to the guar- posits anty of bank deposits, as de- ested clared at their convention in ,at'on Denver last week, "is a strong . argument in lavor of it." "It," 1,1 ' asks the Mail, "the national pa(j< i 1 i. n in .insti* UttHlitJIO Iltl V CU t l;WUllUOilV\? IU ~ their system and in each other, (U,lt how can they expect the people, cle<ir who make the deposits, to have w' . confidence in them?" subjt A Texas contemporary, the 8 El Passo News, in an editorial Nv?i article on the same subject, says 1 ho 1 there is but one reason why the t,l( *lf bankers are opposed to guaranty tllo'u", of bank deposits, and that is, "the timc. old feai of competition in your it tiop own 'in* of business." But, the rc?mii Texas paper goes on to state, the securi fear is nnlounded, as gnarauteed from banks need not increase the Why number ot banks, that no more take I banks can exist than the busi- Nul ness warrants. Our coutcmpo* ,>rotul , , natio: rary adds: . . J Ins sc "As long as the strong, established itors; institutions continue in the policy <>f e< Ikcc secure and lirni business they will not got al sutler. There will he no need to fear rotna the little man who wants to open a posit bank. There will he no need to fear a A 1 wildcat hank. Why? 15ocau.se it will that t bo to the interest of nil banks to see of his that no fake institutions do business, tnnkr \nd when a bank is a fake other bank- The c ers are the first to lind it out. bnnki Hut the telling argument in the bank legisl guaranty plan from the banker's stand- posib point is this: Millions of dollars Hint eotnn are now hoarded will be put in the will 1 vaults and Rive a tremendous impetus any t to the banking business." for w We do not think, however, ,un'' that it is so much (lie fear ol ,.t conipeii'-ion that i- but In ring the Cye(j bankers as Mm knowledge that under the proposed system they jt'eip will be taxed to maintain a guarantee fund. This obje'ion has yy been urged hv Taft and o'lmrs. fujj In one ot his speeches the liepublican c andidale for tho presidency characterized the guaranty *pj of deposit business as ak,pr 'po rajiJ sition to tax the honest and [ ru ||,jrt doit bani-.er to make up for the an0* dishonesty ai d imprudence of j1!Sj others." But Mr. Tail's argu- Tho nuni is a specious one, as was haVfi clearly shown by Mr. Bryan in p his famous tpeech delivered a few weeks ago on the subject of << guaranteed banks. Mr. Bryan bent then said: mari l.et us take the lirst sentence, that migl "the honest and prudent banker would ^ j pi be taxed to make up for the dishonesty ju jj.. and imprudence of others." Is not i this true of all restrictions on banking-' !>oes not the honest and prudent hank- . er under existing laws suiter in order : that the depositor may he protected from the dishonest and imprudent? II we had no banking laws at all, and hanking was done by private individu- 'It als, the honest am! prudent hanker wltic would save the money that he now pd pays for enforced examinations of his Cliro hank, and he could at timos make in- jsj, terest on a part of the money which lie | ^ J.i is now required to keep in his vault as a rigid reserve. I tut because some ^ ^ hankers are not prudent, these laws place a burden upon the good as well as upon the bad, it being difficult to distinguish the prudent banker from to Ml the imprudent one until a bank actual- t It ret ly fails. (ho f In like manner it might he said that qu( if ail people were < a refill about lire, lire J^er? insurance rates need not he as high as they are. hut the eareftil have to pay higher rates than they should because some are not earoful. I.ife insurance rates are higher than would be neces- sat 18 Sftry lo cover the actual risk if every- belie body took faro ot Jiis health, ami here. IjrtIK too, the cautious are burdened because fBtlll tome are careless of their health. All thinl insurance is open to the same objection, tIte 11 ami yet insurance of all forms is jjiow. preci injr, and the insurance of depositors is jfrowiny in popularity more rapidly than any other form of insurance?and. f may add. it yields the largest return <>r 0 <?n the investment. fftVO Mr. Taft complains that "no one can THE LANCASTER I o the burden which under this unfavorable comi n would be imposed upon the gut conditions, and conservative bankers of the no* u<>pm In he ui ry ?y U.I. obligation ,o m.Ue U,buTo7thal tL the losses causod by tho reckloss, year8 .,,,0 tative and dishonest men," etc. , . ,* ,. .. . . .. . are to be believec tve the past to guide us, and we . .. reason to bolievo that the loss 'Otity 01 Iiqut e less In tho future than in the Occasionally a because when banks become mu- Caught up with responsible for each other's de- bll' some of then they will bo sufficiently .inter- tha' they manage in each other to favor better regu- elude the officers and irreator restrictions. Ulinm ;? <n w I^UI >c * v ? ucfev AV n the same speech Mr. Bryan, well spent were lis introductory remarks, tective employed 3 the reasonableness and jUg Up i]10 lignite of the demand for tho se licrmen and otlie y of depositors so plain and ]aw are bandici that his position ?"d that eflVrts to sup pit e Democratic party on the traffic by the lac 3Ct appears unassailable, personally know; aid: engaged in the 1 y not make tlio depositor secure? nited States government requires Miss Grace lb iposit of specific security when it two weeks ago, til its money to a national bank, al- p;ipei* thai whs < li it can examine tho bank at any ag proj|y ap the state requires security when j)ftg mf)ro preltl osits money in a bank: tho county tQwn of iu I res security and the city requires * itv; even tlic )>anks roqulrosocurity IV,e,? .J*" the oflleials who handle money. Banner offic sliould the depositor l>o left to them are in tho lis chances? ^ hen Abbeville t, only is the depositor without show the pretty ction, but the security given to there, and the 11, state, county and city lessens right MOW ?Aid icurity. They are preferred cred- Jeanner. they have a mortgage on the gilt Anything in a I assets and the depositor must look * od fc(> . long tho best ho can with what ^ w.jg ins. Why an* the interests 01 uo_ 4l % , 4 w ten to add, we h ors thus neglected? 1 _ mnk asks deposits 011 the theory iwV3 OVOrdruv\ ilie depositor is sure of the return Abbeville S pictt ; money, and the laws ought to if lie WilhtS to se the facts conform to the theory, fair printers in t lepositor, tlic community and the come to Lancash cr himself will he hcnoiitod by i tliroe attractive ation which will give to every do j flows office. >r the assurance that that whieli is j a 11uru to uit' Keeping oi l ho bank >c nvuilnblo to meet Iiis needs nt t )ur fllOlld ail' i 1110. Such is not the case today, Ddftll) lb". Jollll hilc all banks arc reasonably sc- leading druggist they arc not absolutely so. Ala., Seuda 119 K paper ol that < Jid you ever kiss a blue- that "Mrs. Mar; 1>1 n { ii-ks an ? xchange. coming to Birmi -what do you think, of Has- directoire gowns s lust letter to R.osevell?? e|9" ,0 attend tli erton Mail. laney is quoted hy, that letter is about as Qf my younii mc ol meat as it blue-eyed fu| girls, coining tie's kiss is of molasses. ble families, wht ~ 7",. make this trip iey are still holding pri- amu-ement I its in Richland county. The powns in tin 1 was bold Tuesday and still ten(l t0 ye tl] her will be hold on the 2Jth ful and ,)rol>er.' .to nominate a probate judge. . . * . candid lies for that office *"cl ourl!"? been weeded out to John Wtt.e* 98' , 0 anion and Lowio VV. Haskell. W1" ?I,0W -VC can t ' c me ovi Many a ten-cent man lies ^ou, lie^. '*ia J aili a fl.OOO lombs'one," re- models this waj hs the Georgian. And il antee t int llieji'l it have added?manv a d?P?* bv 3,9 DO tomhsh.no lies about n ,hat ou,'; ,"0'u"1 want mi.n?A 1., ni e.V, Will fall O' II, 1> u>; 14o?a v;iji mi * , dering fcno use it ttie dead leu-center is at ?Pera house fo not icsponsible for the the ,,m,'ving Pic r m - Mr. II. II. I'ardu nee we cau remember thi? was 1,1 lown Wodne e fir t national campaign in h the bloody shirt has restin the laundry. ? Augusta A Sample nicle. > wonder. 1 s old standard er. Foraker, was put out ol nission before he bad time ) the waving stunt. ie Lancaster News alludes io fact that it had ju-t been i years last Saturday since lisponsarv bad been voted a.\ ?. t -i of l,??Ciifter county. I? that 1 Wl1 ihaw the improvement in hand for a itions h is been marked, and Only, and 1 people ol this town are ala unit in being perfectly M\gawg tied with the change. We M#C f C ve that there art people m ^ latter county who desire the JlITiC rn of the dispensary, but we k we can safely promise Also a nice l that they will receive dies' Coats iou-> little help in this quar-j and let US ! -Kershaw Era ' e hear ol no sentiment here; 'sewhere in the county jn ( lU|Vft TUTr ol reestablishing dispeii- AtAI D. i"ld s, but we do hear of a lot of mmm^mamM?, MEWS, OCTOBER IP. I9Q8 ment upon preB- < The people do siting the proi voted for three curreut reports EVERY CENT YOU < 1, a considerable jgT >r is being sold. J TUC C P9T MAT i are so shrewd 11111 A I wH > to successfully I I I I VJ I I 111 I of the law. We ould be morey YIELDS A MONE a first-class deto aid in break I (.ens, as the po I jj. meang money [n your DO( r officer. of the I depend on getting it whe apped in their I ? w ?QU te oy u. (he Defer,00. | without financial emfc ' <uat ? Itv-J "I v; n to the parties )usineps. ^ establishes a credit which emphill printed, row funds vYhen, such a ? ie biggest county snl'y or advantageous. aver printed by itor. Abbeville A , . ., ,, r , printers than And besides, you can t get t izJ it. America, odd'Ii a?a,nst; J'011 that y?u re in the Press wheree, and three of Medium ofliee. want an opportunity to has Us beauty yOU what we have done fc printers will be ' can f]0 for you. prize is tbeirs jevdle Press and Regular examinations are m i frock no doubt United States for the pr ui old bachelor and our entire capital i ou, but, wo has- ment Bonds, payable ave 110 idea that n the picture o! y printers. Still. _ wwssi > The First Nat er and meet the younn ladies in LANCAST1 ? 1 former towns llough, now a ol Birmingham, r| /v g~\ TITTOI clipping from a jity announcing ' ^ garot Delaney is - ingham wiih her PUT6 Appi0r i on living moiile fair. Mrs. Ds* This is the best rust prool a-s saying: "All idels are beauti* ^ ; from 1 especla- Ck pTQ T>P1 > were induced lo vj V> linj J solely for the am introducing i ar,CA?.ter S ( ' T " e south and in* l^ollbdciltr, O. v_*. I . iem both beauti* nd, Dr. Hough, fl*if me over and we ^ .u.? Since wo 1 rn Til I er," John, can't m 1 1 1 * nadam and her & nnr.M,. Wo will guar- 1 when BROOM says t l be met at the m thing to you. We are r Hughes, and M . friend, Dr.Mack- | on the beach, but we arc per himseU ten- ^ some good things toget VI ?J*o la 3HU yjaixj ? /\ 1 f .. . 1 r a display of J ?nlY a fcw ltemS quoted tures " ^ ? . m 22 yards good chocked Ilomspun ? " A pair solid Ilrogan shoes, 0 to 11 .... 0, of Fort Lawn, ^ ' . sjav 20 yards, 23 inch Sea Island for 25 dozen 50c Shirts at only M A pair T. I). Itarry & fo's., celebrated K 1 suit Men's heavy ilcoced Underwear Lot of ... I 1 suit Ladies' hoa\ v Ihnieed I'ndcrvvea ? 20 yards goods Outing for ???? a 20 yards full standard apron check ?iin M 15 yards extra heavy, 1 yard wide wh Cft** I W COME TO S ored I H0RTH MA|N ST . f | LANCASTER, S. C. A.J, 1 have on j^^^ni^unnagi . few days ~ " .. J . SPECIAL NOTICES. NT ivill scl at AN I>r. K. F. Hice will not attend the Association now in session at Camp Creek \y mggZa church, hut will preach at Beaver )(a f f *f i9 ('reek tomorrow (Sunday) morning at sa| 10.30 o'clock. j,, g) The Library Association will hold a by meeting on Friday evening. Ullth inst. < The puplic is cordially invited. Oys-f?: lot Of I yd- I ^rii wsur> 11'' r_ii , The Commissonors of Flection for ' v^ail in State and County election arc rc,|uestcd of iillOW thcill. I to meet in Lancaster on Thursday, the tin | l.r?tb inst., to organize, appoint nana- of __________ gen for the November election and to he ~~"~~ "" j transact stich other business ah may tin "T~> 11 properly come before this board. The sai |,I*V Jo 611 Commissioners of the Federal election Co are requested to moet on same day at same place. A.J.Clark. ? ?^ :an put into ^ 01. HANK ' ,Y RETURN. iket?you can always n you want it, and it er periods of sickness arrassment. will enable you to bor1/MIVCA 1 \nnAm no r>o/inc_ i better bank, and its won't get as good anytalk to you?to show >r others, and what we i# . ade by an officer of the otection of depositors, s invested in Governin gold. ional Bank d mam -jr.rjwimrmar ?*sxaammnam* urTC Oats for Sale : oat that grows. p bushel Y. WILLIAMS hink it means some- B not the only pebble ; continually rolling m her in Merchandise. B^ ^ ^ ^ below: . Si.oo m $1.00 $1.00 W $4.00 shoes $a..r)0 M 89c M ir 89e P $1.00 P chains $1.00 P itc Homespun $1.00 M EE US. W .BROOMCa) otice Debtors and Creditors All person* indebted to the estate of . T. SlIKUANK, deceased, will make yment to me at once, claims against id estate should he presented to me, lv attested, within the time proscribed "law. MATTIK E. SIIKHANK, >ct. It), 11)08?3-s. Administratrix. Notice to Creditors. Notice is hereby Riven that a meeting the creditors of the Lancaster Furnlre Company will he held in the office the undersigned on Thursday, Octor 15th, 1008, at 10 o'clock a. m., for ? purpose of selecting an agent for id creditors as re<iuired by Sec. 2830, de of I.aws, 1902, Vol. 1. W. I'. HOB1NSON, )ct. 9, 1908?3-s. Assignee. 1 w