The Seattle Star Newspaper, June 17, 1921, Page 6

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teepriee Ase and United Press Servien <=>] The Seattle Star By mall, out of atty, Ste menth 15.00 tm the state of Washingt 44.50 for @ montha oF $8.00 per year Outside of Editor The Star: In your issue of June 1, 1921, you reproduce an editorial from the 8 By carrier, city, 560 & month. foe month, | coma Times, dealing with the subject of Washington Banking Laws and, among tig I also call attention to the that at the last convention of Washington Bankers’ associa- in Seattle in June, 1920, a com- n was created to study the nental bank act of Califor- gia with a view to its adoption in | the state of Washington. This _ @emmiesion, consisting of 12 men, bankers, was appointed, six by the governor of the state and six | by the president of the Washing. ton Bankers’ association. | The commission met tn Seattle duly of 1920 and held an all- session with the superintend- of banks of the state of Cali- fornia. Later, on motion of the _ Gommittee on state legislation of | the Washington Bankers’ asso @ special committee of members from the original Commission of 12 was appointed _ by the president, with the request that they continue the study of the | California law in an intensive man- Ber and report their findings to 4 Washington Bankers’ associa- bi This committee of three | from the original commission of _ ¥2 reported progress at the state @envention in Tacoma last week; its report was addpted and its work and the commbwion's work are to be continued. i Hi ibs ot i Ta | bp! + rT | z i! i; fi s EF when the cry of the nation was “ships, ships and more ships?” How about these and other whales which cut up the 30 bil- lions of Liberty and Victory bonds? This sort of talk that is coming from Mr. Daugherty is not new. It may be he will make good. He has made a pretty definite Promise. But something seems to teh The Star that a jail big enough to hold all the whales and the big fish he will convict can be constructed out of one me dium sized sardine can. In that case Mr. Daugherty may find him- self overcharged by the tin-plate outfit and the can-maker, Big fish! Harness! All the mon- ey paid for all the harness Ui) Sam has bought since 1861 would not make one week's pickings for the railroads, the coal, the steel and the lumber whales. The poor fish! French wine interests are plan-? ning to conduct an anti-prohibi- tion campaign in the United States. Do they really fear the country might go dry? Everybody knows the price of commodities is coming down--cr- cept the man who sella the oncs you need. It must be difficult for an orator to write a speech about the glories of “our fair city” on one of these hot afternoons. Advertising man named to head shipping board. We thought it al- ready had enough advertising. other things, referring to the failure of a well-known Tacoma bank, you say one man Committed suicide; another, a well-known business man, has gone to a hospital for the j tmsane, and unguessed discomfort and misery have been caused in hundreds of Tacoma ' hemes thru the collapse of the looted bank. | he editorial might have added that also in Tacoma a prominent building and loan @asociation man, when confronted with grave charges, recently committed suicide, ‘and that in Seattle an officer in a badly managed savings and loan association re- Gently dropped dead when threatened by the state inspector to be brought into court to testify under oath as to the disposition of certain trust funds under his control; and also that several men of similar character have during the past year or two been aad on the way to the penitentiary for “looting” financial institutions operat- af under the laws of the state of Washington!! Your pointed editorial demands that: ‘“There must be found some remedy against repetitions of this catastrophe. Per- the present bank guarantee law must be made compulsory. replacing of a bank commissioner like Hay with a big, courageous, capable banker would prevent such happenings. Or, maybe, an entirely new system must be worked out. Maybe all banks should be put under the federal reserve system. But SOMETHING effective and drastic must result.” Every student of the subject of banking laws in the state of Washington will heartily agree with you that “something effective and drastic must result.” Your editorial is to be commended by all serious-minded men and women in so as it is a sincere, earnest attempt to arrive at the truth and to hit upon a rem- for existing evils. Permit me, however, to say that I believe there can be no @uestion but that the well-defined opinion among authorities on banking legislation ft ‘the United States is practically unanimously opposed to a compulsory guaranty Perhaps merely “ef deposits system—on the ground that sach a system is at best a scheme need of scientific bank legislation and that the result will, be the adoption of a «ystem like that in California, where commercial bank- ing institutions are required to allocate their capital to the three departinenta of banking—commer. cial, savings, and trust, with separ-, ate laws governing each depart- ment, and with absolute segrgza- tion and restricted investment of savings funds. The commision appointed by the governor and the president of the Washington Bankers’ associs- tion is made up of the following bankers:* W. J. Kommers, Spo kang BR. L. Rutter,- Spokane; H. B Lear, Seattle; F. A Ries, Tacoma; A. H. Reynolds, Walla Walla; Raymond R. Frazier, Seat- te; Howard C. Lucas, Yakima; W. The committee of three above Faferred to consists of: F. A. Rice, Tecoma; H. B. Lear, Seattle; Ray- mond K Frazier, Seatie, In closing, permit me\te say the trouble in this’ state has been that many bankers have assumed the unpatriotic and destructive at- Chicago policeman arrested oir! for speeding and then married her Got her number, 40 to speak. A Peoria, 10, woman says she painted a picture while asleep. That. explains some we've seen. In Chicago one stenographer owt of every 10 marries her employer, And that ends his dictation! ’ DR. J. BR. HINTON Free Examination on Earth we are the only one in ST AVENUB by graduate op- unless absolu BINYON OPTICAL CO. 1116 FIRST AVENUK Between Spring and Sencea Vhene Main 13530 Best $2.50 cuasses We are one of the few optical stores in the Northwest that really total of 5 grind lenses from start to finish, and $99.70, on Look out for th’ feller what's always pleasant, People that are always lockin’ things up are always gettin’ robbed. \ Letters to the Editor— BELIEVES TACOMA HAS KICK COMING Editor The Star: I have been read ing in The Star of Tacoma’s griev ance, and I have no doubt there is ‘a lot of truth tn it Last December when our football team was in California I read in| some Seattle daily that “The Everett high school team of Seattle,” ete; also once or twice I have seen “Travie Davis, the welterweight! champion of Seattle," so I think that probably Tacoma has the right hunch, and that you fellows down| there in Seattle are trying to grab! all the honor and glory of the whole Sound country Very Truly Yours, F. H. ELLIOTT, Everett. eee THE PARAGON pious, saintly man; me man or Af, ned, you ken, ortals mourn and sigh that heckle other mem dog't in y beth my hi 1 cuss. my Henry-car I fing bor plays a brass cornet, but and do forgive, yet I hela my ag: et to taate the ewill that {times sell so cheap, For on yon distant grassy hill the moon- shine victina quietly sleep. 1 4 chort with giee 1d sphere's aublime naught you sea, rusty dime. of this life which om fan thetr time, in cabarets and things like that, 1 otay at bh good books, and deepest anguish and distress. I sometimes and when they show upon the screen ‘The lovers in a eltnch, scenes are sublime, 1 fain wouldet stay to second time But always, femal nt loorms in view bulky figure Such sinful t Dut still I'd bet my roll, by jings! That when I hit the long, long tre they'll hand me out my harp a wings. SID HANSEN, Gig Harbor. ask any hostess what happens promptly once in view of the recent wage cut. William G. McAdoo, former di- MILLIONS FOR DAMAGE BUT NOT ONE CENT FOR REPAIR! Within the sound of my voice are Short skirts are fine and they’re/ many senators who will readily vote | for $40,000,000 battleships, which will rector of railroads. . much more sanitary than the long \wkirts that used to wipe up the|be out of date | streets and floors.—Elias Liveay, 102 years old, Baltimore. eg ent to or oppose and defeat ev, the next war.--Senator Borah. thoughtful than the ord one and is learning to do unto others as she would be done by.—Lady Alexander, British society leader. / (25 double - faced Records), 300 needles and a Record Brush for the very low these very easy terms, at’s all you need pay to enjoy the best music in your own ie, : owning this Handsome Cabinet Phon- ograph. The former price of the in- strument alone was $120, and we now offer it with 50 selections BY DR. WILLIAM E. BARTON concerned. Here is one of them place in the draft list. by the government as a denerter. very indignant. The department says t We are too casual, too easy-going. We reovive our invitations with “R. 8. V. P.” on them, and you may The rudeness, the unpardonable neglect of good people in matters of simple courtesy calling for a little thought, is astonishing. Young men in business do just the kind of thing that John Doe did and think thelr employers severe when they say, “Young man, you will never succeed in business until you learn to meet You must be reliable, or you will be @ failure.” It may.be the solemn duty of the war department to court-martial : Lieut. Col. John Doe, and pardon him. Probably the department will not Madison take that trouble, but will let him go in view of his good conduct in service. But that good conduct can never excuse bis failure in duty. If he carries the stain to the end of his life, he will know that he deserves it REMARKABLE REMARKS Railway rates should be reduced at Public sentiment alone can stop I believe the modern girl ts more HE publication of the first installment of the lists of men enrolied in Washington as deserters has already evoked some facts that bring discomfort to the people When his number was called, he was not at the | 4" your new-made institution addrese given, nor did he appear there during the entire period of the war. Hix name is now published | But the crowd is sure to grumble Now John Doe writes from Macomb, that he enlisted in that town, was promoted and hon. orably discharged as a lieutenant colonel, showing He feels jepartment comes back, and says that whatever disgrace attaches to the publication, he is bimself responsible for; and that, in spite of whatever honor he won under his enlistment from Macomb, he|{f there's nothing on the table is still a deserter, and liable to prosecution, The department says that he knew and was fully informed that it was his duty in case of removal from the place Of his registration to notify the department, and leave a permanent mailing address, t there were mailed to him at the address of |For the stomach ia the Master, his registration, in Chicago, and doubtlees forwarded to him in Macomb, questionnaires and documents to which he made no reply, a8 was his duty to have made. The department says that there were 697 Does in the service, and a number of them were John Does, and that there is no one employed in the war department whose gift of mindreading and clairvoyance enables the department to know that John Doe of Macomb is the same John Doe who registered in Chicago. I will venture the predigtion that John Doe will not be prosecuted for desertion, tho legally Mable for that. But he will bear all his life a certain stigma, and he will know that he deserves it. This trifling detail of giving a permanent address, and of filling out blanks—what ts the good of K? To send a permanent address would involve the trouble of writing a postal card, and the is a bother, as every one knows. utes of time. Who can blame him for his neglect? Men have been banged for leas neglect than that, and have deserved their hanging. ing out of a blank It might have cort John Doe five min your engagements | Second to be scrapped by the ume they are con- obtain even the minimum of 4 eee hospital treatment broken and crushed by the hell of ‘Try a sauerkraut diet, girls, and soon your cheeks will be naturally |~*s-—Senator La Fellette (R, Wis rosy and your skin as clear as crys- tal.—-W. H. Knox, secretary National Kraut Packers’ association. eee the men in. A REAL BELIEVER IN ARMAMENT My question was caused by the newspaper reports not very long ago —about three weeks ago, I think— of & speech made at some sort of banquet in New York city by Judge Elbert Gary, tn which he spoke of the large naval program t upon which Japan had embarked, Hard work’ never hurts anyone./and congratulated her upon What hurts « man ts worry.—Brig. | fi Gen. Sawyer, President Harding's personal physician. win that ‘and encouraged her to proceed it.—Senator Watson (D.), Geor- A man whore name we will not further expose to] ‘"elr people may be fed) pitiless publicity, but will call John Doe, registered in| you may start a revolution the 93d precinct in ‘Chicago, and was assigned hin May endure for quite a while And behave in manner rude And your government will erumble If you do not give ‘em food! ‘Tho your orators are able, Tho your theortes are fine, When your people want to dine, You are heading for disaster And you may expect the worst— And you've got to fill it first. and 7% Inches Long of small articles 15c 48c (The soviet rulers are making many concessions to capital in order You can «peak with ease In a highly brilliant style unction Of the “proletarian state,” But it isn't going to function Not for long, at any rate— If starvation dulls the ardor Of the proletariat And there's nothing in the larder Which would even feed a rat Tho your armies win each battle, Tho your propagandist spread Thru the world their line of prattle That is militantly red, Tho you print your cash in hum mocks, Still—Trotsky and Lenine, If you don’t fill people's stomachs, Out you go upon your bean! (Copyright, 1921, by Seattle Star.) 7 CLOTHES FOR MEN AND ‘WAISTS—FURS reas Maat +6 A small dish of this kind is wonderfully convenient for the service Worth 30¢ Everywhere Also a Few of Those Glass Oveaware Pie Plates to Close Out for Cash and Carry No Phone Order: Also fancy Worsted Tweeds and Herringbone m 200 which have appeared in the Photopl to come in on the contest and win Second Prize $100 Third Prize $50 Fourth Prize Another Chance to Come In on The $1,000 - - Photoplay Title Contest ‘Now Running in the Next Sunday, June 19 The Post-Intelligencer will reprint the -FIRST SEVEN PICTURES and Order Next Sunday’s Post-Intelligencer NOW The First Seven Pictures in the Contest will appear in the Post-Intelligencer, Sunday, June 19. Then order the Post-Intelligencer to be delivered to you every day for the remaining 53 days of the contest. The Post-Intelligencer will be mailed or delivered to you daily and Sunday for $1.00 a month. Next Sunday’s Edition Limited to 80,000 Title contest. It’s your chance Eighth Prize $25 Prizes $10 Each FRIDAY, JUNE 17, 1921. eS il TM Tl ’ A ma Sti 7

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