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RESERVE Reopening of Country Banks Follow in Accordance National Policy. Formal licenses to twenty- four banks in Kansas City to open for business morning were received here last night from Washingand Jefferson City. The licenses for the national banks the state banks which mem- bers of the federal reserve system arrived by telegraph the Federal Reserve Bank about o'clock The licenses. the form proclamation Governor Park. were out telegraph from Jefferson Confirmation will follow today list included all banks in the the Fidelity the FidelMissouri Trust pany. Bankers and representing the spent yesterday Moberly. finance obtain authority for morning on basis. reached garding two Moberly Authority to Fidelity Bank Trust Company must from WashApplications from all three banks cent basis went Washington Jefferson City last Saturday Biz Clerical Task day for the bankers and their employees Every city hummed the prepared for the first day seven bankdays. There to done: federal ing the tellrooms, offices Only the clearing house executive declared but the individual members the kept right with the job getting their own banks ready for opening. The committee spent most the entire week in day formulating plans for actions the banks the emergency regulawhich arrived almost hourly Washington Thursday Everyone banks was after the uncertainty strain returned the tional unfolded and revealed an excellent said the Commerce Trust board detail weakness Other bankers talked think the same going and believe the country turn upward from the moment the banks open Preparedness Inspires Confidence. think when the people realize that the banks prepared there distinct and witness banks The flow the who afraid not founded. That helped deposits the federal bank force preparing country under to opening Wednesday Soundness Indicated The small. federal officials the soundness the and their distress No needed banks The federal bank officials ported the held its vaults through holiday. The that there will return from KanCity banks the federal reserve because needed. The same readiness and preparedmeet demand reported the reserve the house cities which will morning No currency banks those cities received and expected. No Currency Shortage. The possibility shortage curwhich reney prevalent when the closed March disappeared the holiday ample circulabusiness shortages or any emergency need for (Continued on Second
