Fallacy of the so called guarantee of bank deposits
Walter W Head argues the Oklahoma style bank deposit guaranty is not a real guarantee but a flawed mutual insurance scheme. He traces its rise after 1907, its collapse in 1921 23, and its adoption elsewhere, predicting broader failure and urging rejection as contrary to sound economic law and integrity. He cites Bank of Commerce Okmulgee losses and repeals, warning Congress against imposing the system on the national bank. He notes Nebraska not adopting it and urges preservation of individual responsibility over state backed guarantees.
MENTIONED IN THIS ARTICLE
Walter W. Head
American Bankers ‘Association
Oklahoma
Bank of Commerce of
Okmulgee
Oklahoma Guaranty Fund
State Guaranty Fund
Oklahoma Bank Deposit Guaranty
Nebraska
Congress of the
United States
Bankers aid dairy cattle marketing to curb cow scalpers
In Wisconsin the State Bankers Association hires a full time official to promote agricultural work focusing on marketing dairy cattle. He tracks stock across the state and connects buyers with suitable dairy cattle, aided by field men who are expert judges. The note urges bankers to help farmers avoid unscrupulous cow scalpers.
MENTIONED IN THIS ARTICLE
Wisconsin
State Bankers Association
The Timid Borrower and the Bank Cashier
A farmer asks for fifty dollars to buy a cow but is offered one hundred. The banker argues that a pricier cow yields higher profit per year. The farmer ultimately borrows more, using milk checks to pay down the loan, with half of each payment going to the bank.
MENTIONED IN THIS ARTICLE
Banke- Farmer
Earn Praise by Being Worthy and Upright Character
The passage urges earning praise by proving truthful and reliable, so others will trust the giver’s integrity. It encourages seizing opportunities to reach out and give with eagerness, hoping no chance is missed, promising bliss from earth and heaven when done.
MENTIONED IN THIS ARTICLE
Earth
Heaven
Wall Paper Samples at Advance Hardware Co
A local hardware store advertises a large line of wall paper samples and invites customers to visit to select papers. Delivery service is offered from the store location.
MENTIONED IN THIS ARTICLE
Advance Hardware Co
For Sale Two Year Old Reid's Yellow Dent Seed Corn
For sale an ad announces two year old Reid’s Yellow Dent seed corn. Contact W. Daily in Thorntown Indiana to inquire about price and availability. Field notes imply farm supply listing in a local newspaper classifieds page.
Piano lessons offered by Mona Fulwider
Mona Fulwider advertises limited piano lessons available this summer. Interested individuals should contact at P. O. or by telephone 12694 for advance arrangements.
MENTIONED IN THIS ARTICLE
Inter
Sted
P. O
Mona
Also Mentioned on This Page
Bankers’ Chief
Holly Brook
Rohn
Orphington
James Graham
Black Hawk
The
Rhode Island
Glen H. Waters
Thomas A. Hendrix
Rohn’s Hardware
Hustler Office
W. P. Butler
Ernest Edrington
Seaton Day
Nesberth
Whiteman Brothers
Goodyear and
Goodrich
Advance Hdw. Co
Cthen
Popular Mechanics
Popular Mechanics Company
Ontario St
Chicago
Nance
Eee Mechanics
Saneneny
Eat
Racine Tires
Townsend
Elbert Perkins Co
Lebanon, Indiana
Hart Schaffner & Marx
Hart Schaffner
Boone
Choice Wheatly
Busenbark
Jamestown, Indiana
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!