As a teacher of banking and a columnist for this newspaper, I find myself partial to the views of the members of this industry. But with all the impartiality I can muster, I disagree with the legislators and regulators who want to make banks give noncustomers free access to their automated teller machines.

No one says a phone company must allow people to use their pay phones without charge. No one says that if a restaurant has a buffet, anyone who passes by can come in and take a handful of food without paying. Why then should a bank let noncustomers get cash for free?

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