AN OLD BANK OR A NEW ONE
CAN A NEW BANK JUSTIFY ITS EXISTENCE?
(Wilson Lovett, President First Standard Bank.)
It can not be denied that as a general proposition most people have more confidence, and rightly so, in an old banking institution than in a newly established bank. There are, of course, some exceptions to a justification for this condition. Those who are sufficiently experienced to be able to properly analyze bank statements may easily discover the condition of the affairs of an old bank. However, to the average individual unfamiliar with financial statements, the mere fact of a bank having been established for a number of years is no guarantee of its stability or rather of its resoures and pr per management.
For instance, an old bank may have thousands of dollas worth of worthless paper; it may have long time bonds unwisely bought which have depreciated in value, or again the original officers who were very likely thoroughly competent and conservative may have, in later years, been displaced by other officers not so wellknown nor in whom the same amount of confidene might be placed.
On the other hand a new banking institution, even though its officers are men of proved integrity and experience, and its capital sufficient, must face the fact that both the Banking Department and the public generally will match more closely their every operation, because of the very newness of the bank.
Not only this, but the new banking institution, properly managed has not had the time nor the opportunity to become loaded with bad paper, or bonds and securities of doubtful value.
For the business or professional man of any group and especially younger firms there is a distinct advantage in establishing a banking connection with a new banking institution. The bank being young and wishing to secure customers will likely be more generous under proper conditions than an older institution with thousands of customers already in hand. Not only this, but in a younger institution a more personal relationship is generally established. If the new business of professional men or an individual continues to grow in the size of his or her business affairs, the credit and the accomodation necessary will grow in a corresponding degree with the growth of the new bank.
So far as a Negro bank is concerned it is perfectly obvious that when larger and older banks at stated intervals are forced to extend credit to large manufacturers; farmers at certain times of the year; retailers and wholesalers; they have ample employment for their funds. In the case of a Negro bank not having these excessive demands it is generally in a position to supply funds in any reasonable amount to colored people.
Not only this but take the case of a colored man wishing to enter, for example, the Coal and Ice business or some other business. He can talk the matter over with the President or the Cashier of a Negro bank feeling thoroughly at home, and knowing that the banker will appreciate his problem and likely be familiar with the possibilities of success in that business. On the contrary he might feel some hesitancy in discussing his small problem with a big banker up town, feeling that his problem is too small, or that his color may not win for him the consideration he would like.
In other words, the function of a Negro banking institution is to gather at a central point the funds of colored people and on proper security to make these funds available for financing new business ventures, and giving credit to colored men and women.
A great many people seem to be of the impression that a bank will only loan money in large amounts or is only willing to extend credit to a man in business. As a matter of fact, a very attractive class of business to a great many banks, and particularly is this true of the First Standard Bank, is the day-laborer; the domestic worker; the tobacco factory employee or the skilled and unskilled wage earner in other industries. Wage earners are in reality the backbone of most big savings banks, and particularly is this true of Negro banks. The responsible working man or woman who wants a loan of from five to one hundred dollars, who can secure two responsible friends as his or her endorsers, is often more welcome as a bank customer than the individual with thousands of dollars of resources who wants to borrow a larger amount.
In the final analysis the primary function of a Negro bank is to provide working capital and credit which makes business developement possible, while at the same time rendering service to the community both by helping to teach habits of thrift and last but not least, making small loans to indiviual colored men and women who might not, otherwise, be given assistance at larger and older established banking intsitutions.

Rev. Shumake Flays Southerners In Sermon On "South and Hell"
The large membership and the hundreds of citizens from every section of the city, were attracted to the Virginia Ave. Baptist Church, last Sunday to hear Pastor A. H. Shumake, the soul stirring gospel preacher, deliver his message on "The difference between the South and Hell." The large edifice was taxed to its capacity when the service began, and this remarkable divine held his audience for more than an hour with his matchless power and gospel truths.
His vicious denunciation of the treatment of the Negro in the South was in keeping with the Scripture from which his text was taken, and his was a splendid discourse of the small difference between the South and Hell, and Peonage, Lynching, burning and heartless and brutal murdering of men and women of the race by people of the South are like unto the devils of Hell.
Quoting: "Be not deceived, God is not mocked, for whatsoever a man soweth, that shall he also reap."
Rev. Shumake explained that the lesson was to a race and is nationwide. Men must understand that they shall reap what they heap upon one another, and I'll frankly tell you that the South is going to reap what she has sown upon the Negro. "Vengeane is mine," said the Lord, "I will repay."
Rev. Shumake pictured the South a Hell and eKntucky as one of the border States of Hell. He claimed that Kentucky was a little more careful about her lynching and made less noise about it, than the other states of the Souh. "There are certain white people of the South who would rather kill a Negro than go fishing, though ignorance may be the main cause, these people were born wrong, conceived wrong, and there is nothing will stop them in their murderous passions but religion," said he. He added that unless a change is made for the better soon, God will make the South pay the price just as He made Belgium pay for the treatment of the Negro in the Congo."
Advises Ministers to Get Together.
Rev. Shumake said that the preachers of all demoninations of the race, should get together and preach the truth, the whole gospel regarcless of the consequences. He said they should be in league with one another for the good of humanity and the rights of the race, disregarding threats of mob violence and the like. There should not be any cowards in the pulpits, said he. If the white preachers of the South had that true religion, they would speak out and soon put a stop
(Continued on Page 8.)

SENATOR SPENCER CONCEDED RIGHT TO NAME MISSOURIAN REGISTER OF TREASURY
Malone Of St. Louis, President Of Poro College The Choice Of Race Leaders
MAN OF BUSINESS AND LEADERSHIP NEEDED
It was not thought that opposition of certain employes in the Treasury Department at Washington would have any effect in the administration policy of appoiting a Colored man to the position of Register, the highest honor in the gift of the party that usually comes to the race, for its loyalty and service to the national party. However, since it has been assured by those who are in a position to know, that that part of the program which includes the appointment of a Colored Republican, would be carried out comment and difference of opinion have been rife as to what Colored man man would be the party's selection for the post now held by William S. Elliott of Georgia, white.

RELIABLE
VOL. 3 NO, 25
Of Big Stick By White TO HER SERVANTS KING GEORGE
Central "Y" Board 
EDITOR RICHArmSON BONE OF CONTENTION
20 MILLION DOLLARS TO GIVE AWAY YEARLY NEWSPAPER SUBSCRIPTIONS