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CAN SMILE SICK MAN BUT A those and New York mation at the present time that Then followed Rich- me Louis, permit the banks closed City and San the Sunday intend direct my ef. the day's was due forts the the Minneapolis. ing least possible Cleveland, Boston and Dallas banks banks That will be fell Meanwhile, the Minnesota legisla The reserve bank's plans approve the ninth the lieutenant the Montana, upper Michigovernor. Extraordinary sessions gan and the senate and house were branch called for Saturday but Helena, which suspended postponed until Monday temporarily. await the return of Governor Action of the eastern banking cenOlson. Federal Reserve bank The banking committees of the two their district in joining the legislative houses met in joint ses. holiday forced Minnesota, sion Saturday afternoon and disNorth Dakota, and cussed the in turn to tempobut no action, preferring rary bank Movement Spreads Rapidly. Held. The bank Bankers of Minneapolis and St. startling rapidity Saturday Friday night, about 20 states touch with the federal on of either complete bank that will at least clarify ited withdrawal. By Saturday noon, the and restate one, public had steps the heads of two tion by proclaiming closing of bank and banks. leading City The Minnesota was made in afternoon proclamation Lieutenant Gov Paul. shaped Solberg, acting for reopening cutive head of the the banks the and drafted sence Floyd Olson. the legisla The governor had left Friday night ture that Washington, action the bankers should be called by Pres. layed until is known what next Roosevelt. likely bring forth the The lieutenant governor's procla way stabilizing Policies follows: programs followed during banking the next few days were discussed has in York however. and by the federal concrete result of this meeting banks and all the sending delegation and group of the Washington, with treasbanks the department compices New York and troller the and the fedfor such board and give day in York Illinois and ington picture of the practically This possible for banks gation left for the capital late Saturtransact their and day their and Business Being Adjusted. national the Twin and exists: and the deemed to ing for the interests and welfare tioning without depositors banks and the public generally declare temporary holiday for all Minne that the banks, action of the Twin was K. forced as result lieutenant governor ditions other the country. acting absence They also the from the of Floyd authority and that banks, me vested. de hereby declare as possible, will resume opbanking and holiday banks while may limited for will adequate and banks all needs trust further industry agriculture in the "Lieutenant Governor." Tolson Approves Action. and proved the action of ernor telephone sage Saturday He then started Chicago, his trip, of the Min the turn events the banking attack of His not serious first planned that the leg had taken care and read felt should Olson what getting subject and shall spend Sunday conthe situation my action WHEREOF institutions which regulate the banks closed unsealed the Seal the the banks are State capitol o'clock detail any on this 4th day this the Chamber of The its board room for no SaturMonday Tuesday suspension may be then found principal are closed The Paul Stock along produce will be closed for duration the holiday. Brokerand investment which require banking finance operations, also joined the temporary suspension. Telegraph companies Minneapolis announced money limited will The holiday municipal City Treasurer ample on hand Will Get Information. during this "I'll Sunday whether the are continue with the closed Monday will the possible terminate the holiday the Minneapolis cannot say postoffice, Schunk, postmaster. about situation am fully announced have every facility take care money orders, and are ready serve the public during the period," said Checks during this bank holiday, however, will not accept- The Minneapolis Retailers' associoffered full co-operation the will the extent with the William in behalf of the retailers.
