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BANK HOLIDAY FOR TENNESSEE UNTIL TUESDAY Governor Says Act Is Protection Against Other States Nashville, Tenn. March (AP) A bank holiday, beginning immediately and extending through Monday, was declared Tennessee to day by Gov. Hill McAlister The Governor's proclamation issued at m. today after an night meeting of bankers and called attention to bank holidays ordered elsewhere allow time for enactment of beneficial bank legislation "These temporary holidays. governor's proleamation read. "are semingly general and have declared in states with which the people of Tennessee daily have business transactions and would be unfair for our citizens and their banks to have honor from such territory where cash not now immediately available. with the cansequent in and the part of the people which is wholly proper and timely action is taken Governor McAllister said the perintendent of stated Tennessee good condition and able to take care of their not for the effect of these outside disThe Governor ordered the holiday by telephone from Chattanooga where he guest at a Press club dinner The now in and Mc. Alister in his proclamation. said he considered should be enacted at that the people the may continue enjoy the full benefit of banking facilities and at the same time be afforded adequate
