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Three Editorials BANK FAILURES Sallisaw has once more passed thru the unpleasant experience of bank failure. and naturally there can be many opinions heard pro and con not only as to the future outlook but of riticism of members of the failed in stitutions in their conduct of the bus The way we look at it is that the very last tool our town needs in this emergency a hammer. We. as well as the majority of our townsmen, have been losers, and have been handicapped in conducting our business but we are willing to, and have been doing all within our power to bring some order out of the present chase, and obtain for our town and our people the accommodations necessary to our business life Speaking more particularly of the American National Bank, we cannot help but believe that the closing of its doors at this time was more or less premature and might have been avoided if proper steps had been tak. en, but be that as it may. we all know that this bank was owned, managed and backed by the members of the old Sallisaw Bank, and Trust Company, which failed two years ago, and they "came back. opened a new bank and showed their ability to pull out of a tight place Last year when the Citi zens bank found it necessary to liquidate, rather than see our town suffer loss which seemed certain unless something was done, the American National people took over the "Citizens" and carried their liabilities preventing a loss to the depositors of that bank. We do not know the intentions of the American stock holders. but know ing them as We do, we shall not be surprised should they announce the opening of a brand new, bigger and better bank for the accommodation of our town. and their determination to pay out and to surmount adversity in the past goes far in recommending them to our citizenship in any venture they may undertake. Sallisaw should have a bank, and we hope that we may soon. but unless we as a whole patronize it, we cannot expect to avail ourselves of these very necessary adjuncts to any up to date town