Show I SECURiTY OF DEPOSITS I The Republican party is making a great gret outcry against the plank in the Democratic platform pledging pl the party to enact a a law taw guaranteeing bank de depositors depositors depositors against loss We suggest Grand Orand Rapids Mich as a good place for or missionary work by Republican campaign orators The people up there have had a little experience exp with bank wreckers and doubtless the G O 0 P spellbinders could show them how much worse off r they uld be I If a guaranty law had been on the statute books when the Northern Norther National of or that city went the way vay w y of or al all banks bank whose officers speculate sp with wih the funds en entrusted entrusted trusted to their care by confiding de do depositors depositor Tile The Th following dispatch might be used as a so a text tet when the thriving Michigan city Is Invaded by the Republican Republican lican Hcan campaigners 1 Big Rapids Aug 3 Tired of waiting for forthe forthe the tho final dividend creditors of tho de defunct defunct Northern National bank of or this city which closed Its Is doors door fifteen years ago al held a meeting for the purpose of taking some action to ascertain the status of the banks acton affairs So far as known here all al assets asset real and personal have long since been closed out and litigation may ml still exist The last heard was two years ago aho last April when General Receiver Ran Rankin Rankin Rankin kin at Washington wrote a n creditor In substance that until pending litigation lU aton was vas ended ende no final dividend could be b made The result resul of the tile meeting was that the tho secretary was Instructed to ask ak Receiver Rankin for a statement and also notify Senator Smith that his good offices stir the department maL mav be required to str up at Washington Fifteen years is a long lon time to wait walt and an then not get anything The dis dispatch dispatch dispatch patch indicates that a a little something was saved from the wreck which oc occurred occurred cured so long ago ngo that It i must have been eaten UD up Ut by the te fees of the re receiver receiver fees for the lawyers and costs casts of court proceedings With Wih that hope which is said to spring eternal in the tho human breast the depositors have re resolved resolved solved to ask the receiver for a n state mont ment it I being two years Years since that gentleman genteman had been heard Theard from in his official oCal capacity It I was further resolved to notify Sen Senator Senator Senator ator Smith that his good offices might be required to get action acton at Washing Washington ton Senator Smith William Alden Smith lives In Grand Rapids and pre presumably presumably knows all aU about the Northern National atonal affair Without going to the trouble of stirring st ring up things at Vash Wash Washington ington he should Inform these unlucky creditors that the proposed guaranty law aw Is a Socialistic Bryan Bran scheme and that bank banle depositors are really reU better beter off without it I Perhaps the they hey would believe beleve him and then again perhaps they f |