UTAH J H BANKERS MEET IN OGDEN Financiers of State Gather in An Annual Annual nual rural Convention for Two Days Session THE POSTAL SAVINGS BANKS BANKSt mi 1111 on oil onI U 1 W V t T IH I I Itt 11 The 1 i 11 I b J l lU U tt 1 the IIII t tr t The New Newn June JonI 21 Utah Ulah n opened It Itil con oc n donoR In m this Ihl ell it flOt l n dar v Ion It II I hI tO 10 bo be bon boT will l bulnes 1 UsIne thu Th T local n r l huo fInIn fr Cor the Ills occasion for far fari Cormal wn mal i lid 10 HId lIlY y they th Mood trail Il 1 to 10 d that thaI they can as well 11 n na opere oper opert tl t bank business buln UJ ad i be II t will nl t a iHl 1111 side IM of o tho Iho convention In hi hitA tat fat thi Ilor atur nil will RUtO aulo tA f A parties and II n trip up tip II OR Og ORn Ogden dIn den n Ihl with ith the In l 1 fr for nr the Ihl two IW days II Th U II LI IOU In II 11 to t order A n H II IY can Cu In lrI J P 0 Og dID Addre f r wl w 1 Hon losi I William mi m vol if r ogden oIIn rann Ot or vI 1 om l r bbott It Ir r f Ogden OIn ch b lt t 10 of or nn Its John r l Tolton ToTton president bank vf f r fl In Z Annual 01 f the tho president roI lent Mr dr M dri As i R M Salt IJO City r 81 j n lof the National Dunn bunk B of 01 f and treasurer Ir t A 1111 Salt Sail Lake City nihl uhl r ft It Co Pontal Having nank flank H Hi Hn n W V W lItter Biff Pa SuIt fall Lake ake City I J t S hank Savin tank Hank Mr Ir Wll WIl WIlham Hint ham M Y t Ogden OgI II president Itah tah SUte Ial of oC Labor Addrell Earn Earl Hanking In Utah Ulah lira W IV H II I Mc Halt Luke Iko City Co s lon Ion Trip to 10 O canyon Dinner mm iou dime ne al at The Th 7 pm 1111 Ogden dealing learing House us UN t D JUi 3 of or Ec x C thing hangl Mr Ir T 1 W V tnt Salt Loko l II cashier Continental National ank Adire Soine ome nn ill 11 the tho mil Mr John Johll OB all Fir F rt t NationAl bank Tho The Intent Lotest al Addition to 10 the tho Sisterhood tt of f Hon W K P 01 Ol Km ti n of Cf end And vice Ic president Pr rr Cummer uil end and hank bunk Afternoon ies l in 2 Z An Armanis Annl IM of or tim tho Ih Central Lank Idea Mr Ir W tv Montague Irr 8 Sail Ilk lt uk We take Ill ky director lor Utah I IC Tr l Co C CAt 0 At Ad Sonic elop Hl Lorn RU H S 3 n In e president Amalga ma U A Ion TrUes TrU nd rid ride i hanker hanken of o r W s W t OM I of ot the th Ih this thIl afternoon Is Ih th of f lion Hon W W SS V lUtor te e f t National II IL I of hi It lh uJ I HII II Bank is ti nrc In ne that U Ia 1 II If pr and arid nn m a ut the Ihl country count t r n lit III Ibl time buie eith e ct L Mr lr r likes the Ih that I here fre li ii I n ti a n it ity for lor such mich a l pro ro rose Pd se m n O the Ih punt of ot Con Cun un f lUll Hl Ilia lah h in di full tull in ta t as a It U I e tb f jb 1 n h z Hav i Ip n P Park foi fn the tho reason rn on that at III 11 1 i Ir Im the Iii t ni m of rf the f c tm Ihl piror PiP r the measure hits has not lUst yet 11 li i J nr and n l I do ito not nol know Wl Jat hI Ih t ion are lr or lot Ie l that Ihal I a n r du I from IB ihla In lay n 0 ay th tho pro proto t f a or not nol yet 11 Iod I RI l to 10 alvo the Iho on n a 1 KIK and ver very 11 brood broad In iii r nt 4 d un U 0 this must be done hoe il lh very IM Jr Irenr mi on II account of ot sUr art i t T ni m II t 1 ti hI III for or Oio Ille plot f le matter r I nm am Pr per r u at 11 t i i ti i I h T aa oIIn hd Io to t J I a Pw fI eth t III ute 7 o or of It I t re reo ili 1 a 4 1 r f ft hl audi Import rt or ill t su II h IIII on ronse aft ln th Ih W or thu Iho tetIe pl ur or r g 11 with shIh so 1 ra rj J fr f it j lu not nol a I rn I lut lh the Pio Ic le nt at t r ard r U h I Iho hW of or tho ho went wUl est fir II s U IO ry demand I In t thILl deman whal hat elt e q f I nines from Crom a tat nl to 10 pre an n Ih the tbt will C J I Ind f Itt t salle From Irom Inon Cf I h Ir ery to few per pen AI I n l even en cas 0 m K h j rIfI In Indeed rl hun luu my ial i a r 1 II this I u our ur sT r Hut luN that wt that U Is also aleo rl ri that Ihal our eh 11 he f t 11 Iam am Il of Or the n nl J f I It e read la this little they the n In tb duT rapt In ln ile dia U In n to 10 Ih they Ii 0 Ogress ii and lila over ocr with Ina may f gather from frome these the lithe i the e r nati mr t that I am nm 1 I 1 anI am ni at lit C f r f f I I savle bank lt I Co ei II a more Inure u them I foel toe I ore tit rr f st I n r Ih he n 11 Is rn Pi 11 I Ity lii In a I nina where thorn thoro p I i imm r fj rr r all 1111 force wh heth lh a iRin mm A AI to have h nn r n ci a cages rotH Th I te t b 1 a which Involve r ill LI rr i r f i r e taut KUI b by II a I ra 1 ar Ih he result rosult ll ut or on dl M 1 ii wIthOut or nr grf r ft r lf f c r num I p r t t 1 i t iut her h en i ts n ft f m t orX or 1 ut urn 1 wo u without S H Ir r fj ton t I tilt me r to 10 Il what whal d fl r ri Tafe f I to boo 1 nn rr Jn rr rt thul them IheN I h lii not nol II but ul o a I for Cor Pile meus f It l nil r hand it i fraught U ie ft con on One nf the lOr Dr or 01 this familIar In III I Is that there r are lUe imbo tl 4 4 o of ha People who are re rethe t r raon t keep toa No ow i T 10 In III un afo not nol belle a the Silly h I hi 10 lot i la Is 1111 a aa JI a On et and Is II the duty dUly Anti And tf t a a to into Inlo lares of or people In III order to 10 provide for tor n a 1 few te antI nd I belIeve u a 1 very few fow r Ignorant and People l many of o whom are aliens ami who are uru with tw tie with u a 1 to 10 take their money wIth them Ihm on returning to 10 lr lands lundH In III Ii coat cn ot of any allY tho lie ennuI credit of tho II auth n iti 4 fi foreign r or un uncivil civil or any all ahi other oIlier calamity would woul l nut not very Iry ery fain cain Itoh I ople whom It II U I Ic I 1 l 1 to I by this lila b be the Iho fIrst to in I their 1111 o and ond either Mind or hide them again n ami Mum IliuM r u e thio II gay O nn 54 Ii which might bo ho Many M n of or UK us II have Hei n Just junt such urh u ii thu Ih limos of o the tho Civil 1 ivIl war when nhien thin tho Ih credit of or the lilt gui ROV o wu Was hardly n as KIMM an UM that of good It II If Ic h not 1101 Impo for tor or other I her to lU arIse whIrls which would tho the of or the tho Ih KV t I I an ex extent e tout tent to III emma large wit wll of HIS To me mc n a 1 very of or the tho oue Is that thuit It II i l luo the III government to I a n Perpetual debt anil anilu anila u II debt that hut may hillY not hot bo 10 cx x xcell edit cell by hy h the will of ot tim tho It IL wu tise the tho dc desIre Ire or of the old line hue of to lu apply ly they thy thought to lou III good Rood for or them themselves selves that Is ID to Ret get out OUI of o theist debt to 10 the tho general end at III ono non nu time lime the wee wan w out nut of o debt Iohl n nil hall had money n I In the Iho trans ury ilcy II which It II loaned to 10 the several states MatcH Io 10 0 aid them In their material And n l after lie heavy oh oil created I by h the exigencies of the tho Civil war It wan Willi still 1111 the desIre of ot tho Iho lit old timer to In ii pay IU th beau na os soon Boon and 1111 fast fan ui iii II the pub hub lie Ill c good permit Hut flut now In III Inho inthe ho tho face fitce Co of o this thin n R measure ly tv 1 pro 1110 no In Iii direct conflict with these o laudable 11 lrA Instead el to ii B Q perpetual anti and over ever er In Increasing IncreasIng creasing debt p 1 are aro told that there In Is oly an 1111 without Ihl Hy system tem To me toe this lila In Is I ono one of o tho Iho strongest ur agaInst t It II for tor It ItI itIs N Is I not nol the Intention or of o to t got 1111 out of fI debt one oxen even If It Iho and auth worn Present hits tho thing would ho bo on account of o tile tho aver ciar I nc rca sin g a made at ad a by h them eta to 10 lar large n ifill II and navies nAIA ami auth over oer Increasing civil he lie h pities the l by b the peo people 0 1110 to In put Into operation lI principle In the Ihl of or old 1 age and kindred 1 le the 1 So 8 0 that an ever over increasing low flow or of money monAY Into Inlo the hue government rogers offer from the thu savings of oi the people 1 Is it th thing most desired by b them And nd this Is III the ho principal use for which the theo o savings ann aro lined II In European nun coun countries tries It II Is 18 difficult to 10 compare dissimilar things and end vain a point In argument by h It II so MO o that the Ihl th fact that governments necessIties nl make mak postal a thing to 10 be desired deemed by hy them there Is nothing In this condition to In the measure to 10 UK ott II nor any nn argument In Its It favor olms S WoO ECONOMIC Il HAIIM Tho Tue evidence Is la strong that In where this thin principle Is he I moat In vogue that It works an nn harm In that Hint It drains the surplus money tram from mm the outlying dIstrIcts to governmental coffers tItus thus de the deprives d Irh the tho people of or to 10 Improve their own local condition And It II seems scams to lo mo mc that would be he the Ih opera orn operation flop tion of or tin till law IR hero hern I j know knon wo we are aro promised that the money mony shall re ra remain main In the communities where col 01 looted nod and placed hared III In the lie local hanks banks hill but we all elI know kno that IhRl this would bo ho only nl bv liv h the lh honks hanks sour pur purchasing chasing r securities to protect the Iii rov W deposits Anti nn that to 10 their full tare face rn and this sending all nih tills thin money mone n nW away n to purchase url ties which can 1111 be lie h hail bad only It a n far nn Wi communities are Ir concerned bv hi I to 10 lip larger commercial routers centers NilI to 10 o thorn them Iho r I H I Ican IAn Iran ran can An see sac 11 no method or of k these 1 i In the 11 communities where whre de do delYi 11 except liy by h thin the government taking III I deposits of o tuna which If Is I not to In b h he of or nASI ItA K And Anti another objection I have hn I Is b I think It fundamentally wrong for rr the government to 10 go Into Inlo Ih the banking 1 bu business which this thin mc nuie contemplates The Thie Ki gleat elit Ht economical financial and political results by lo b thin the people 1 of o tithe thin country haw have beau boan by b the free 11 and efforts anti and nI l of oC It Its citizens a II free freehand freehand reo hand has buns hoi n given enter enterprise prIce prise III In nil all the lh tee of or lire Ufa tint for the th government to now how enter the tho SmIth field occupied by h the lh Ravings batiks banks In competition with banks bAnk now hair nil re us receiving 1 calving deposit deposits front from mm of or IB it I a R as rank milk nn no injustice nn RH It II would bo ho for the Ihl government to In h 1 00 dry dr goods or nr grocery ruy In opposition to 10 or In competition with the Uie 01 cItizens citizen who wh make t tho io gov goi government to what It II In Is I II It would bo ho just junt fi its logical for the th government to 10 ax isa a nil all the banking nativIties whether er or r state or national of o the th country Th The government entered the th banking boil bul nenn In 1791 and went out of o business In III 1811 itil it entered tho thu field In irs IHli and ant left It In iii arid and Its It expert cores In both of 1 these IhA efforts were not such Kuch us tie to 11 Inspire respect Following the tho law In mentioned In the beginning of I my iTi paper that with mir tur i Institutions In all 1111 necessities into Inlo I ui tt hitting no its required UI rod 1 vo we already y have t IIII Mo lie mon bunking banking system In t I hut hI world It n I coine In lii il closer er Iou with all the lie Ih H M of or thin tho people than Luau any other I her nation In tart fact we have Ionic moi 01 bunks than thin In all oil the lh world be ha 1 tilde side and our ur batik bank H nn era mom mona III Interwoven I ii Into 1111 I the Ih I lit sir t r the lie t people INI than thai ii Ih t Ito o of or nm is liv I itt I Jai as lIn bitt t and tutu I 1 believe ln I iii st tl Iga tl t I m so would ul l prove Ir tnt flip H a If t f i U f our citizen nl art I II mn l ii h I found l cleanlier rf Th rot Mt of r Ih ro etis I I In iii i HI all tilt Ih om otis tn off r ii I ps h of o the Ih place nIA suh nl H lb n 1 t nil ini m npr r HIO sites Io that bet 1 1 sate In nation tan oc sc found tn Il 1111 In III the pine u of f Its It ft origin A Alt H nn Zulu II of h the n b of o drawing dra the lh of I the tius people 1011 away 1111 l chr 1 h r rp p muy In tOil be b In iii Ireland and Italy where train from of Ot local thus iliUM In th lh the haM hOIM of 01 f a I bu le III In the III districts U I end and an 1 local un UD known This Tho Th nine ride of sic this Ihl Is U found 1111 1 In the Ihl o fly n H nr o 0 one Olin of fit the Ih three thre Ih T I n torI monte without postal bantus an A Denmark being the IhA nth nh cr Ir two to 10 draw the h money none from roust out nut 1 lying dl lo to the III irest miner v c In en n 11 Thu Tf I hi let tier hr the lP IK te tenet more n Iv tItan than In shy other II for country tt lt 1 I l null natural for lor some snow 11 Ip i e thee Iho who isho crime tram from ou tries r who h Kov art 1 l to 10 have h rore jorn In h ho hn nf t tor lv or of tie I P government than lien he lie h henks ank Hut have hH f 50 0 f Ohl nf of 0 the Ihl evl ssi 1 r ron jn on efi Ihal f I i l ht ent H t I to a it I hll n or a R rn i hr r or Of f n dunn n fI An In to their thel Ih r I from fh Ihl lie lieto lo to t It wl ih lb find If I III II nl the II sit the Ihl 1 cnn narcotic from n l nV th Ih v hA tein In Pm lo lost t nop In and AI i n p pI It I wilt unit anil tic the lI community has iss fot nl lo liSt t 1 An tiny nv of or Iti tt II funds norn ns ALL IT IP of o tile the time thus will III not permit much III U Ill to 10 be bo said MI I by nm mite on iii this but bul let Int me Inn repeats repeat I am hun convinced that lint this Ihl measure mure In iti Innot I Inot not tOI for the tho butt brat sif if thin the coun country lUll try Ir I r am Rill not alone In 11 this opinion The rho rh consensus of III tho best beat I MI opinions of th Ih the American Hankers aHw II Is Ii against It 1 Il It Is nil alt ery very well sell for Cor the tha demagogue to 10 say M that lint It Is I selfish h In n leIl thirst that makes make the bankers It II but bul who rho In Is I the Ih hi better judge of ot mat mal matter tore ter to 10 a profession than m of itt H the th profession Itself Who Vho knows bettor better of III the lie mutter pertaining to 10 guy any particular science I than one In in that science was roundly loun berat hant berated ed Id by b tl because In n us time lime of peril to to tho tim brought on by b the silver craze raze h he dares dared to 10 consult the till bet bt 1 Im of at the tho country IOU 1 Wall thi Ih hi dema railed cellos It II Suppose hn ho hat had con ron consulted suIted H is Instead I J moan mean no slur lur at it the thu blacksmIth for ho he h may mA and ought to 10 have liae hA tIle the a n pro Clon which Is an Rn honorable one on would have hn l been Ien een the tit result And yet et el tItle tIl Is I what the would hay havn ha wished 1 1 d Have you thought or of the III political evil that the Iho enactment of ot this me m is a tuna uro ethel In that a horde hord of ot new n p will result anti and anc n a granter Importance l I hit attached to tn the I now non ns In Ill 1111 by h the tho th addition of o II ley and Important duties Ue e p nil sill know that are arn ardent supporters or of the ni theta them Into I uniT HIj stats state hn UK Its It machine The 11 multiplication o f officers more firmly entrenches the In iii I tins and molt It more loots to In dislodge them lucas which It would frequently be 1 beneficial b to do tin doThe 0 Thin The hl people fund anti you Oll n men en n of or the tim III are A th thai plain i opt are RN p more