Banks oppose guaranty law debate in Algona meeting
In a lengthy discussion to back or oppose a proposed bank guaranty, Algona bankers and lawmakers weighed the measure. Proponents argued it would deter panics and boost deposits, while opponents warned it could intrude on bank independence and distort market forces.
MENTIONED IN THIS ARTICLE
Algona
Robinson
Armstrong
Emmet County
Bode
Rich
Fort Dodge
Homer Miller
Des Moines
Algona Banks
Kansas City
Republican Party of
Kansas
Republican Papers
Bank Guaranty Debate Sparks Taxpayer Alarm in Iowa
The Burt Monitor denounces Bryan and the bank guaranty proposal arguing it would invite wild cat bankers and force government losses to be paid by higher taxes. It cites editorials from the Advance and Wellman to show mixed views, notes Taft support claims, and mocks Maine and Burt Has a Prophet predictions while urging scrutiny of political promises.
MENTIONED IN THIS ARTICLE
Bryan
Burt Monitor
Bro. Sherwood
Burt
Iowa
Taft
Monitor
Rejoinder on Bank Creditors and Stockholders
Ephor of Counter argues editor misstates creditor priority in banking failures. He claims national and local governments are preferred creditors and accuses stockholders of seeking collateral. cites Corwith bank collapse where preferred creditors may recover while depositors lose. He thanks the editor and predicts a Democratic solution in November.
MENTIONED IN THIS ARTICLE
Ephor
Counter
Corwith Bank
Holitor
Fair A Success Reflects Managers and Township Exhibits
The Kossuth county fair concluded with praise for management, exhibitors, and orderly crowds. Townships including Whittemore, Fenton, Lotts Creek, Union, Cresco, and Irvington showcased ambitious displays, notably Fenton with Old Kossuth and Miss Penton, earning first prize. Cattle, hogs, poultry, and fruit exhibits impressed, while races and ball games drew crowds. Concerns arose over two tent shows deemed immoral, urging future exclusion.
MENTIONED IN THIS ARTICLE
Whittemore
Fenton
Lotts Creek
Union
Cresco
Irvington
Kossuth
Miss Penton
Miss Fenton
Judge Quarton
Brown
Sigsby
Burt
Durnan
Hancock County
Myron Schenck
Wm. Galbraith
B. M. Burlingame
W. I. Jenkinson and Powelson
John Wallendorf
Chester
Courier
Starks Bros
P. A. McArthur
T.F. McGovern
Mr. Pedley
Fenton Township
Bancroft
LaVerne
LuVerne
Bede
Ceylon
Nevada Township
Palo Alto
Algona
Wesley
Also Mentioned on This Page
Alhona
BY Hinchon & Finnell
Buhsurteltton Bocpes
Hlance
Democratic Party
Walter Wellman
Record-Herald
Alexander H. Revell
Chicago
H. B. Garrett
Farmers’ Savings Bank of
Carnegie
Oklahoma
Porterfield
Bryan Tramps
Sioux City Journal
Journal
Maine
Fashiotus
G. D. Justite
Llevuer
Adarn
UM. Quimby & Son
Omeenn
Newels
Weisbrods
Will Weisbrod
King
Wolfe
Titonka
J. A. Frech
Lichty
M. de L. Parsons
Hugh McDonald
Union Township
Spair
Ellis McWhorter
Dr. Walters
J. A. Vipond
T. H. Wadsworth
Keith
Vipond
Willis
H. L. Watson
Wm. Kirchbaum
John Munch
Barricke
Corwith
Coonan
Emmtsburg
Hall of
Kathryn Paxson
Migs Nita Keen
Miss Vincent
Pat Durnan
Britt
L. E. Potter
A. L. Peterson
J. M. Farley
Martin Bahra
Wm. Paetz
Sexton
Mr. Paets
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