Show EXPERIMENT Action of State Stale Guaranteeing Runic Deposits l Watched With WI Interest The Tho action or Of the time state stat of Oklahoma In guaranteeing Its state t te banka deposits deposit Is III commented upon by a 8 prominent Salt Lake banker bankel aa as follows follos The Tho comptroller er or of the United 1 States currency has en cn to have havo tho time state bring the tho national banks In Iii Oklahoma within the tho same law of at guarantee ns os the state stute banks but so BO far hums hili not been success tim ful This shown that he lie approves of the suggested d by b William J and now carried 1 out in Oklahoma Tho The gen gee eral era government might pursue a it similar or somewhat similar policy with regard to the tho national banks but there them are aro ob oh Stitches In tho the way war so o I doubt If any an thing thinS Is done National banks arc aro safer as a n general proposition than state In 40 years ears the bank failures failure have aver over aged ored state l 4 per Ilor cent cant national banks bank B Ii per r cent In hum tho thio same name time tho Iho de do posits recovered by depositors front from In Insolvent insolvent solvent banks backs amounted to is 78 per fler cent in the of national hanks banks and 53 M per 1 r cent In the no case caso cas a oC of state banks Natural ly Iy withdrawing their deposits from their own state banks for tor In time tho Oklahoma stub banks on Just the same Barna principle that If It one of at our large larso build Ins ing li II In Bait Salt Lake bako and contents wore were ful CUI ly h I Insured and no ate Insurance could to bum obtained on fixtures and contents content In ilu other buildings there would be a gener goner al aol rush from nil all quarters for tor offices In that ono ana bull to the neglect of ot others It If tho the Kansas legislature pro vide videt Ide a similar guarantee for Its banks you you Jou will see mice depositors resident of or Colorado Nal Nebraska Ion Iowa a and Missouri patronizing Kansas IC state banks bonks to tho the exclusion of their own Institutions It U Is an tin Interesting experiment and mind Its proc Ucal workings will bo be carefully and critically observed by the banking pub lie lic generally generall |