09 Dec 1907
Page 1
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Newspaper
Aberdeen Herald
Location
Aberdeen, Washington, United States of America
Date
Dec 09, 1907
Page
1
The proposal argues that deposits in national banks should be insured by the federal government and extended to state banks, funded by a tax on banks. It claims insured deposits would stop bank runs, stabilize credit, and promote thrift, with Bryan backing the plan to reassure the public.
The Grays Harbor Post published photos of a dray load taken from 210 men by the Grays Harbor Commercial Co in Cosmopolis. Aberdeen Herald denounced the piece as sympathy for thieves, citing alleged schemes to ship labor and loot belongings, including a junk dealer’s New York arrest for embezzlement involving a carload of junk sold in Seattle.
Edward C Finch argues the lumber downturn has left many workers in Grays Harbor counties penniless and dependent on scarce charity. He urges county commissioners to hire labor for road building from Melbourne to Westport and widen major routes to provide steady work and prevent further hardship.
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