The Times from Shreveport, Louisiana • Page 1

TUB WBATHEH. Uablaia fleaarally Mir atarday aa4 Buatlar, Kmmt Taa 'alr Saturday mm aat Sunday. Arkauaaa Fair, rlala temperature Saturday aud kuaday. Wten ll cornea apatutt'ag my food money fo 4vrttrta( I cannot aea aaythlug bill I'M daily aewMTfeiier, biwj WI98. mm wmmmtt mmm VOLUME XLII BIinEVEPOUT.

SATURDAY. MAY 0, 1914 -12 PAGES XUMIIKU 275 I 1 We March to Fight Mexicans and Instead We feed Them MR. YOUNG SCORES THE BREAD LINE AT VERA CRUZ TROOPS IAY LIQUIDATION BE SENT TO BOARD IS FUNSTON UPHELD GOVERNOR HAL State Bank Examiner Make Many Sweeping Charges Against State Executive. Declares that Governor Hall Attemntcd to Reoreani rty State Banking Department Order that He Mig? Make Room for Special Proteges and Pay Off Pohl ical Obligations Says that Certain "Big Business Interests, Unable to Swerve Him from the Path Duty, Are Backing the Governor in His Effort to move Him from the Head of the Department--Ce tain Banks and Bankers Who Have Been Made Observe the State Banking Laws Also Aiding tt '7 -JA I oovernor. State Bank Examiner William L.

Youne- whnso refusal VVU1U4 with the request of Governor Hall demanding his resignation of office led to a contest in the courts between the chief executive ir. xoung, and is now before plete victory won in the lower a statement ye3terdav in which the Governor is gone into. Examiner Young's statement is full of sweeping charges again the Governor, and it will be no small wonder if th indirtrnfint. oV made the subject of a legislative Clearing House tor Political Debts The charge is made by Mr. several occasions attempted to pay off his political obligatior through the State Banking Department by having the examiner dt charge his corps of assistants to make room for the special prote' of the Governor.

Feeling that he alone was responsible for the proper adminiitrt tion of the banking department, Mr. Young says he refused to accei to the demands of the Governor for a reorganization of his depart ment, believing that the selection of Ms assistants was a provint strictly his own. i Big Business" BehinddhedGovernor Examiner Young also declares in seeking to remove him from the office of State Bank Examine: is at the behest of certain "big business" interests who have foun it impossible to swerve him from his path of duty, and certain bant and bankers who have been made to observe strictly all the fiUV banking laws. It is the first public statement made by Examiner Young sine the beginning of the controversy, and is made at this time, Mr. Yonnc says, because of the numerous rumors that have been put afloat the Governor's adherents, newspaper criticisms, and statements men texsioy marks the mex- ICA.V SITUATION IX TWO QCAHTEKS.

HUERTA GETTING ARMS Two Gorman Merchant Ships Said to lie Due at inierta Mexico with Munitions of War for Dictator Lit tie Doubt That More Trooi Will lie Bent to Vera Cruj. Washington, May 8. High tension marked the Mexican situation today both In the military and diplomatic side. The war department was a center of activity and while no auth-I entlo was made beyond Secretary Garrison's formal reply that no orders for additional troop move, menu have been sent," it became known that the department wag con-elderlng the sending- of additional troops to Vera Cruz and probably would do so. This step would not be Intended as an aggressive measure but as a precaution.

Of equally serious portent to the troop preparations was the. report late In the day that two German merchant shlpg were about to arrive at Puerto Mexico with arms and ammunition ff Huerta. It was realized that I this, If true, would present an Incident similar to the arrival of the lplranga at Vera Cruz, which led to the American occupation of that port. Huerta's protest to the media-tors that the United States had broken the armistice by landing additional troops at Vera Cruz was conslderad by the cabinet and later secretary Bryan announced that the reply of this government stated that no ag- gresaive steps had been taken by the United States forces and that noth- 4 lng had been done to violate the suspension of hostilities. The American reply was ellvered to the mediators late touoy.

The mediators themselves also took the view that the question raised by Huerta over the observance of the armistice could be cleared away and that Huerta could be convinced that the United States had not violated In spirit the armistice. Inquiries About Militia. The cabinet meeting brought out a general discussion of the situation. It was said after the meeting there was little doubt as to the sending of additional forces, wholly for precautionary purposes. It also became known that Inquiries had been made the gov-rnors of States to ascertain the condition of the national guards and how soon they could be prepared for active service.

This also is a precautionary measure. Indications are that if national guards are called on they would not be sent 'out of the country but would be used on the Texas border, The discussion of reinforcing General Funston at Vera Cruz has developed a marked difference of opinion In the cabinet. Some take the view that the mediation negotiations might be embarrassed by such an act; others believe It a necessary precaution. General Funston is understood to have told the war department that his lines are vulnerable at different points and that a sudden attack along the railroad would necessitate the withdrawal of jforces from other points which would be left unprotected. He has Informed the war department that he will need PlB.OOO to 18,000 men to hold Vera Cruz and outlying districts.

Secretary Garrison today said no orders had been issued for any troop movement but It became known authorita. tively that contracts had been closed for the chartering of several merchant steamers and that within a day or wo formal orders would be issued. It la understood that within two weeks least nine transports will have been secured. Not An Aggressive Act. Secretary Garrison declined to discuss the chartering of the steamers, yhe only thing he would say was: mere is no contemplated: aggressive movement at this time." This Is In line with the attitude of othei high officials of the administration, who contend that the sending lnforcements to General Funston not an aggressive act and does lolate the arrangements for a ifu; nslon of hostilities.

fact that army "officers had recommended the sending of at least to 60,000 men to Vera Cruz, became known generally In executive headquarters. A number of officials talmlttnd that the administration was confronted with a problem of deciding whether It would limit Its military activities to protecting the forces already Vera Cruz or whether a sufficient rumber of mer, will be placed In readiness at Vera Crux for a flying expedition to Mexico City In rase the Huerta regime collapsed and Irresponsible bands threatened the lives Americans and nthr foreigners In t'le Capital. The mediators continued thelt sessions today. Tteports from the Mexican delegates would come by the V'liy of Rnllna Cruz and Vancouver. H.

tmd thence across Canad.i to XI-fiirara Falls gave some concern as llfcely to cause delay. The Huerta del-gates planned to avoid passing through the rnited States but tele, graphic Inquiries are under way and the plans may he changed so ns to per-the conference to proceed on May IS with the Melrsn delegates present. Medlntlon Prlmatca. Tile names of the delegates to the mediation conference will be. an-ncneed shortly and It Is known that trfimar of the States Supreme Court and Mayor Newton n.

Tanker of Cleveland are two of the rren who probably will he named. The administration Is still hopeful that me. dli'tlon will accomplish something and thets Is everr desire that the conference shall start without inr unto-whvI Incident Ine landing of marines at Tamplco to protect the nil wells has been linger consideration by foreign government emitting been relecteo The renort brought by Tamplco refugees that 3NTINUED ON PGE TWO. NEW FISCAL AGENTS SCORE A VICTOIIY IN STFHEME OIHT RULING, With the Injunction Uftrxi the Board May Now IrKeed to Withdraw It Fund f-m the I nsucrcHsf ul Didders and Depoalt Thmn with Uie Now Fiscal Agents. Special to The Times.

New Orleans. May 8. A vic tory for the banks granted the State lunds under the recent act of the State Board of Liquidation, was scored In the Supreme Court today, when It granted a writ of certiorari and prohl. onion against Judge C. K.

Schwlng. acting Judge of the Twenty-second Judicial District, and the Louisiana Trust and Savings Bank of Baton Rouge, thus suspending the Injunction granted in Baton Rouge some days ago to prevent the Board of Liquidation from removing the State funda from the old fiscal agents that were unsucceasrui in me recent bidding, ttnu ueposmng mem with the new banks successful under the recent bid- flings. The case of the Louisiana Trust and saving, anK was principally a test case. The victory Is partial and temporary, the writ being made returnable aiuraay, May 18. On that date, un icss me court is convinced to the contrary, the writ will be made per manent ana me Board of Liquidation sustained.

The victory will then be definite and final. Pending; the hearing th pn. liquidation. with the Injunction lifted. may proceed to withdraw Its funds from the unsuccessful banks and deposit them with the new fiscal agents TO BELIEVE STATE TROOPS.

Gov. Colquitt Informs Navy Depart, men He Will Relieve! Men. Washington. Mar 8. rtovernnr r.

qultt of Texas Informed the war department that he had trriticM tn relieve from duty all State troops who have been on patrol duty at border points. Their posts will be taken by the companies of coast artillery ordered to the border by Secretary Gar rison. XO INTERFERENCE TTANNED. Arms and Ammunition May Be Landed at Puerto, Mexico. Washington, May 8.

Navy department officials tonight said the warships of the United States would make no effort to prevent the landing of arms and ammunition for the Huerta government at Puerto, Mexico. Rear Admiral Badger nad reported that the German meamship Kron Prlncessln Cecilie believed to have on board a part cargo of munitions of war was due to arrive at Puerto. Maxico, early today and that another vessel was understood to bo on the way. Officials pointed out that If the Kron Prlncessln Cecelia had reached port on time, It was likely she had discharged ner cargo during the day and that a train which brought refugees to Puerto, Mexico, yesterday probably already was carrying the munitions to th-j capital, The United States has no ships at Puerto, Mexico, now and it is said that none will be sent there. OPPOSES GENERAL STRIKE.

Indianapolis, May 8. The International executive board of tne United Mine Workers of America adjourned late today, after having been in session here since Monday discus-ting the conditions of miners within the organization, especially those in Colorado, Ohio and West Virginia. Earlier In the day the board issued a statement advising- atralnst a general strike at this time, but af firming In strong terms Its support of the striking Colorado miners. The report also condemned John D. Rockefeller, Jr.

WON'T FUSE WITH G. O. P. Kansas City, May 8. The Progressive party, state committee pro nounced flatly here against fusion with the Republican party, and adopted a resolution favoring the candidacy of Theodore Roosevelt for President In 1916.

The committee Pledged itself to a campaign to aid 11 Women of MlMurl to obtain the CARItAXZA AT TOHRKO. General Villa Merta Hint at Matlon Tafce film to Ills Horn. Torreon, May S. General Venustl-ano Carranaa arrived here today with a temporary capital General Manuel Chao, Uover-oYrthef iiaVi0n an2 PSC0'-ted the partv to his residence here. Vills chao spent a part of the day toKether at Vonstltutlonnust army heaX' and later dined tcgother.

ranas future movements will depend on th" TT Wll.l. TAKi: T.UlPlt o. for rnrransn Notifies Jtrcre. UryH et.tl. Washington.

Charls counsel for Oeneral Car rarxa, tolay gave Secretary rtrvan'ln. fm matlon ccncernlng chnn'ces rot- the earlv rapture of Tamnico hv th Con-slitutlonalists. Mr Poufflass a-A his icports imlicalert it the Cnstitn-tionailrt army wotib, pneslon of Tnmpicii Ithln three fou iavs and thnt nil foreigners In that vicinity vera with the protection the Constitutionalists had afforded INJUNCTION SUSPENDED of to the Supreme Court, following a cot court bv Examiner Yonntr eVetV Hfltjlil nf tho lnntrnvni nA investigation at the coming sestic Younir that the Governor lias that the action rf Rnv.nnr rr, is as follows: ttve of this State, and have met wit nis entire approval. No Political Aspirations. The discharge of mv dutlea been ntirc.lv im i cial standpoint, and they have nevet been exercised with any view to fu ture political promotion.

I have no political aspirations, as my traln-t lng has always been along other Unea I desire to state further that all my official records are part of tha public archives of this Sttae, andj under the law, those interested hav access to them. I have no disposition to make them public, but I venture to suggest that an investigation of thesa records will point unerringly to thai cause of my attempted removal. the end or placing my case fairly ba-( fore the public I desire to make tha lunuwing statement: Offered Itcslfrnation to Han. Soon after Governor Hall waa in augurated. I called on him fn Hn.

Rouge. I told him that hart not voted for him for irovernor. mil nf. fered to resign if he wished to ap-J fviiu some one else as State Exami ner or state Banks. He told ma then that he did not want fn resign; that my name, along with the other appointees of Governor Saunders, had been withdrawn front the Senate for political reasons, but that It would bo sent back to tha Senate Ibefore the adjourned.

It was returned and confirmed by the Senate, after which a commission was Issued to me as State Examiner of State banks on July 9, 1912. I qualified under thla commission according to law, bv taking the oath of office, filing proper bond, under the direction and advlca of the attorney-general. Hall's llixt Demand. Soon after my appointment tha governor suggested that I dismiss all of my assistants to make places for some of his political friends and eup. porters.

This proposition did not ap. peal to me. 1 told him that all of. my men had leen selected by reason of their competency: that they had had considerable experience In examining banks, all having had banking experience before their appointments; that they had not been selected for political reasons, and that I had tried to keep the banking de pnrtmcnt out of politics. I also said to the governor that I did not care to be at the head of the department, responsible for Ha work, and not able to control tha appointment of assistants under me.

The governor appeared to recede from, his position, for shortly after this, one of the gentlemen whom he wanted to place as assistant to me, was given a position In another department of the State, and I heard no more from the governor on the subject until Inst Fall. Hall Tell, of Humor. I met Governor Hall in New Orleans during the latter part of last October. He told me that rumors had come to him to the effect thtt the banking department had been very active In the interest of certain Rhreveport banks, in diverting banking business and deposits from New Orleans to Phreveport, and that CHILDREN IN VERA CRUZ The American army has started a bread line In Vera Cruz. They found many poor people, and the number In creased, because many men were thrown out of work by the stoppage of various Industries, So a commis President Endorsed at Jacksonville by Old Confed erates REUNION FINISHES ITS WORK AND ADJOURNS VICKSBURG PEACE JUBILEE.

Jacksonville, May 8. Indorse ment of the policy of President Wilson In handling the Mexican situation was one of the last official actions of the twenty-fourth annual United Confederate Veterans' reunion, which concluded here tonight. A general exodus of veterans and visitors began this afternoon and continued tonight. Approval of the policy of the presi dent was contained in the following resolution adopted by the veterans this afternoon: "Whereas the present unsettled con dition In the commonwealth of Mexico appears likely to Involve some action on the Dart of the United States: be It "Resolved, That this convention of United Confederate Veterans recosr- nlzes the great wisdom and discretion of the President of the United States and will heartily support such action as he may take in every possible way." commander-in-Chief Bennett TT. Toung, was instructed by the conven- won to forward Uie resolution President Wilson.

Among other resolution Hnnte the final session was one approving the peace Jubilee to be held in Vicks- Durg. next year. The resolution that In the invitation to Federal veterans "to meet the Confederate soldiers on Southern soil. provided the spirit of the occasion be to accord equal honor for patriotism to Jefferson Davis, leader of the people Of the South, and Abraham T.ln. oln- leader of the people of the The present deDartm manders, Gen.

Theo 8- Garnet, Norfolk, commander of the Army of Northern Virginia; Gen. George P. Harrison, Obellka. Aia. enmmn of the Department of Tennessee, and Gen.

K. M. Van Zandt. Fort wrth Texas, commander of the Department of trans-Mississippi, were elected by accclamatlon, Survivors of General Forest's cavalry tonight sent President Wilson a copy of the resolutions adopted yesterday, offering the services of a hundred men from their ranks for duty in Mexico in the event of trouble with that country. 'i CABELLERO CAPTURED.

Taken Into Custody by United states Rordcr Patrol and Interned. Laredo, Texas. Mav 8. Mntne Manuel Cabellero, paymaster of the Lonsuumonanst army of the Rio Grande was captured below LnreHn today by the United States border pa trol and Internet at Fort Mcintosh with a large amount of American and Mexican money which the rebel soldiers were expecting. The paymaster was Journeying up the American side, presumably for irreater safety and crossing the border at points where they were garrisons to be passed, which the patrol considered a violation of the neutrality laws.

NKVV OFFICERS NAMED. American Mcmlx-M of International Council of Ke-clw Rome, May 8. The Countess of Rrrdren today was re-elected president of the International Council of Women. Mrs. Mfiy WrlKht Fewell, of Elliott, Maine, was re-elected honorary president, and Dr.

Anna Shaw, of New York. elected president of the committee on suffrage and rights of cltirenshlp. GOVEIIXMEXT CHARTERS SHIPS 1 Boston. May S. The steamer Cltv Memphis of the Savannah Line was chartered hy the government today and ordered to proceed Immediately New York.

It is support she Is Intended for transport service. The City of Macon of the same line, row New York, Is to be Included In tha chorter. HURRYING THROUGH STREETS sary for the poor was opened. Every morning men, women and children form In line with baskets, which the soldiers fill with generous rations of army cooked bread, beans and other foods. Nobody Is refused.

One can see the fear which Is portrayed in the face of these children Walters Attorneys File I lotion for a New Trial of Case SAY IMPOSSIBLE FOR JURY TO REACH JUST VERDICT FOR CROWIED COURTROOM. Special to The Times. Opelousas, May 8. E. B.

Dubis-son today filed a motion, for a new trial lor.Wy. C-. Walters, vonvicted kidnapping Bobbie Dunbar. Dubisson claimed that the Jury could not have arrived at a Just verdict in the case, because the court room was crowded too much. He claims this prejudiced the jury, which had to work their way through the crowds Iby force.

In addition he claims that Julia Anderson was so excited that she could not identify her own child in Mississippi at the time she was shown him. He also claims that the Jury could not have dealt fairly with the trhsl on the grounds that they had been in connection with the outside world at frequent intervals during the trial; that each Juror was given a room in the Ijacombe Hotel, the largest hotel in this city; that some of the rooms were In communication with other, whilst others were separate; that thv Jurors could not be under the auard of the deputy sheriff during this ume, FEDERAL BANK RESERVES. yesterday Was Bast Day on Which SulKwrlptlonsTould be Made. Washington, May 8. The reserve bank organization commtttee announced tonight that while this was the last date on which subscriptions to stock of Federal bank reserves could be made, subscriptions actually forwarded today would be accepted without penalty.

President Wilson cas tinder consideration of several men for the placB on the Federal reserve board left vacant by the declination of Richard Olney to serve. Among those considered Is Charles S. Hamlin, assistant secretary of the treasury, now acting secretary. Mr. Hamlin Is from New England, the section from which the selection is to be made.

While it Is known the President has reached no definite decision in the appointment. It was said authoritatively today his choice would not fall on any member of his present cabinet. CHOPTED WIFE'S HEAd'oFF. Colgate. May 8 Arthur M.

Klnley, son of a retired coal merchant chopped his wife's head to pieces wit a hatchet here tonight, and, running to his father's home, three-quarters of ja mile away; blew the side of his own face away with a shotgun. His wife Is dead and he Is not expected to live. McKlnley, who Is serving a sentence In the Oklahoma penitentiary, had been allowed a furlough to attend tho funeral of his sister, who was buried yesterday. It is believed that he became Incensed at his wife because she obtained a divorce from him after his conviction. McKlnley was convicted and nen-tenced to slxears In the penitentiary for an alleged assault onva young girl.

The case was In the courts for more tha illwo years. rniVATE PARKS KILLED. a wra v.ruz, iay o. rti-i uruinK to a report received nere tonight, Private Parks, orderly for I.leut.-Col. Elmore F.

Taggart, who disappeared Inside of Mexican lines yesterday with two of Colonel Tnirgert's horses, was put to death by the Mexicans near Tenners. This Information, however, was not regarded as conclusive A Mexican railroad man, authority for the report, said he was told by one of Maas' soldiers that Parks had been killed He said nlso that the Mexican soldier told him that two nights before another man, dressed like an American soldier, had been executed Colonel went hy train as far as the break In the railroad near Tejera to try to get Information concerning Parks. He said he had heard the same story as that told by the railroad man. WITH FOOD TO TAKE HOME fear that the food given them will be taken away again, for thoy cannot understand the attitude of the "grin-EEf (un are called) who while they are ready to strike a crushing blow to the government of Huerta, with the same hand thoy dispense charity so liberally. Must for Furnishing Special Train to Lynchers MRS.

ALICE ROGERS IS GIVE JUDGMENT AGAINST S. P. BY FEDERAL COURT. Special to The Times. May a comDro- mise decree giving the plain.ciu.ij5 00 yar-mtWflf 'lirhr Vraf vourt in the case of Mr.

Alice Rogers vs. the Shravenort A Pacific railway. Airs. Rogers sued for J50.000 damages, alleging that the railroad company chartered a special tram to a mob that lynched her husband at Tallulah, La, The mob went from Monroe, on the train to kill Rogers after he was acquitted of murdering Jesse Brown, a prominent North Louisiana man. The case has been dragging through half a dosen courts In Louisiana and Mississippi for several years.

It Is believed to be the first case of Its kind in the South, If not In Hie country. Hon- Lew Smith, a prominent Shreveport, attorney, was among those representing Mrs. Rogers. SANE FASHIONS. Cleveland, Ohio, May 8.

At the opening session of the twenty-fourth tannual cnm-pnHrtn rf tvia v.tiAn.i w.w Cloak, Suit and Skirt Manufacturers' Association here today. President J. B. wovland of Chicago, said: "Thank goodness, the time has passed for freak styles In women's clothes and the day of sane fashlona has returned. After next fall men will not be ashamed to see their wives dressed In the height of the season's fashion." JfCKSES TO VERA CRCZ.

Washington, May 8. The first American Red Cross nurses to be called for service at Vera Cruz received their orders tonight and will leave for Mexico in a few days. They are Mlfse Lulu Lloyd, Nanna B. Hardy and Katheryn Donnelly, alt of Washington. QUIE TREKaXS IV TEN EZrELA.

LaGularia, Venezuela, May $. Quiet Is reported throughout Vene zuela, Gen. Jose Antonio Devala, revolutionary agent of Clprlano Castro, has left the Dutch island of Curacao for Trinidad. SOCIALISTS TO CAMPAIGN. Chicago, May 8.

Various campaigns are to be made In the congres-slonal districts by the Socialists, ac cording to plans outlined today by the executive committee. The plans are to be submitted to the national com mittee here next week. One of the districts selected for special campaign work Is the Fourth Oklahoma, NEWC OF GIIAXD CAXE, Special to The Times. Grand Cane, May 8. Thomas the little son of Prof.

Thomas I Edwards, broke his collar bone while playing at the schoolhouae. Ixngstreet, eight miles west. Is soon to have a bank. Preparatory steps have already been taken and tha new enterprise Is now a certainty. The Pnsadena Company's well that has been In progress of drilling for some months, has not been completed et.

The work goes steadily on. It Is thought that the Baptist Church here will have plenty of music. Two new organs and a new piano were hauled tl ere this afternoon. 1 PRKIMHISiB FOB FHAI, AAILT. ronsltutlnnatlaa Battery of Five-lark Oaaa.

sengers from fsmplco." Mexico, arriv- in on in rrmsii 'urnpr Pridge late today, brought a report that the Constitutionalists besieging tho gulf port, were ereetlng a battery of five-Inch guns from the Interior. wh'ch they expected to aid them In the ftnftl sssault on the city. It sntd the artillery would be used against the Federal gunboats In the harbor. A number of oil men tailed from Tsmpiro tclay on the British steamer Edward L. Doheny.

Examiner Young's statement Examiner Young's Sttaement. In view of the fact that statements have come from the Governor's office relative to the controversy with him over his attempted removal of me from the position of examiner of State banks, I have decided that the public Is entitled to all of the facts leading up to my attempted removal, I Jittve iit'i ciuiui uecuueu iu nuiiva any statement for the reason that the I have heretofore declined to make case was In the hands of the courts, and I had no disposition to complicate the situation, but, In view of the fact that so much has been said and written F.bout ihe affair, I have decided that It would not be out of taste for me to submit to the public a true statement of the facts. I desire now to state that I was first appointed Examiner of State Banks by Governor Blanchard In August, 1906. At that time there were one hundred and fifty-five organized State banks, In active operation, with assets aggregating 187,000,000, and at this time there are two hundred and twenty such Institutions, with assets aggregating $124,500,000. It Is well understood that these banks are organized with capital contributed by a great number of stockholders and they are maintained from deposits made by the public: and.

In many Instances, the savings of poor people. Klgld Supervision Required. In every organized community It has been demonstrated that banking Institutions, as well as others handling monies belonging to the public, require rigid supervision with the view of protecting the public The Federal government adopted this system with the organization of national banks, and this system of supervision has since been rigidly enforced. Individuals who organise banks, with funds belonging to the public, have no legal or moral right to lay their hands on these funds In violence, or to waste them In extravagant speculations. For that reason the State Bank Examiner Is required to exercise an extraordinary degree of vigilance to the end of protecting the publla against "wild cat" banks and the free and unlimited speculation with other people' money.

My Purpose. When I was first appointed I made up my mind to enforce tho banking laws, both In letter and spirit, and I was aware at the time, with this solo purpose In view, I would naturally incur the Ill-will and criticism of many persons who would undertake to organize banks for speculation pure and simple. I was determined that manipulators of this character should not thrive by exploiting the public. 1 have endeavored since my original appointment to hew to the line without fear or favor, and I am periecuy win lng to submit my entire adminlstra tion to a fair and candid public, to the end that my administration of the banking department of this State may undergo the strictest scrutiny. In my administration of the banking laws I have had to deal rigidly with some of the promoters of State banking Institutions, but I desire In this connection to state that all of my Investigations have been fairly and honestly presented to tha chief execu- CONTINUED ON PAGE EICJKT..