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BY I. A. FLEMING. in five banks that compara were There are Washington a either business short in time ago that are simply in tively at all, or over not functioning of their assets necessary the liquidation that part made full; or and above off the depositors in They and under to pay different management. Commercial are the American the Terminal Savings Sav Savings Bank, the Guaranty Mort and Commercial, the Banking Bond and Bank banks Five to a of loss cent ings, gage Co., and practically the Exchange retired from business with not of a depositors, nor mat the thousands inconvenience in the go. ter of shifting moment's deposits to active ing institutions. not was Their capital, severally, the verhead salufficient interest to meet supply expenses and More of of aries. other unavoidable a portion of purchase the capital over, had been when ex and pended the in sual the were incidenta not lim to building organization tion, to there warrant the enough granted sources that were it was increas ited loans condition the demands and some ingly In this difficult requests to meet for cash, of them, of depositors situation with least, threat tening too. prevailing was. the to say some the insiders having condi their tions, know Then ledge endeavored of ored the to dispose wake. of is stock holdings. House Wide House Clearing Washington Clearing of bankers The aid and wide awake given exam of they are national bank office the and comfort by controller the committee Dawes as to signed steps taken iner Scenting the trouble duty is to called prevent into furthe same lines to tion and development. on there was. for ther In each quick case assets The fficient Security and Comcare tunately for the deposits. demorcial Continental the Savings National Standard the National and Co mercial Co. the and Trust or Trust Merchants Bank banks, in the the the five they were given took named over that is. assets to meet as will be der sufficient cash and balance of the credit sets shareholders that deposits. and liquidat the dated for the may of the the shareho partial losses on their be have It is to stand while the and it deposit may inves ments, cared for this point have been emphasize partners in gains the well stockholders would were share losses. in the business. share in the Fortunateand must Bondholder More bondhold other hand, proporation and On creditors the the the bonds in are in issuing off in full or accept suffi compromise assets company they must be paid the case of not the chief and with icent This is one reason not familiar should w hy investors and urities bondsmarket one customs high grade always seek instead of partners. supervision creditors Government are practically Under that your deposits the latter becaus well as safe means in Washington- National banks save as those all State and panies, all banks in the Dist of trust comp of organization of the controller too. process are under the This care evidently between means. the the currency there will be and harmony the Clearing loss House the that bank exami iner prevent any before Association apply to the developed remedy to any natient's posits posits-to illness crisis. has It will be new some banks time thing like there will be many Washington been The too before small capital in year has with the past than one patent example in more ways smooth Methods or Promoter's organized here aft were promoter small banks formula. A some more with or popular perhaps er promoters a peculiar would man select at least with one some they their less many friends With and much selection palaver and picture with ambition would approach words paint a life pretty and planted. honors honey before ed ambition The of seed the being You ought just of would banker come head the proposition. of bank Just you look at to be at the as so and so making friends, today as competen money the banks have are lots of you know the I'll help you. list You of some be that obligated to make out a that may them, and get best and We any will go their and orders see sells for the stock stock will you. help ambitious you man and the promoter talk of most The of it fat to commission commission. himself. capital They but $50.000, when gets $200 000 to stops $500.0 at $25,000 the to capitalizaa the selling $100,000 000 that is buying or even the new bank expenses and someOrga of usually with to remodel some deling. official off the of are home, with a profit cuts a large slice made, so The there times institution, few loans cash left. the capital. Then is not cash much and ra-are loans fre- not that deposit itors require need by time salable to matu collatera on all secured trouble begins pay its depositors in business the A bank if must it is to of continue the working roller's was of used of the That demand is the very law nization method of of at practically least one fice. in This the orga banks that It has or jelded two up the ghost. Stepped into since Breach. Wash depositors but there When Munsey been many a lost day any money have came ington through bank asions failuree where being the mashed. record probably The been near occa indeed Trust to Co. was been broad very United rest. States and would effects. have This company tens the reaching neare sands in its of depositors. not until Frank Trust Munsey, into the had thousands. thous President and it of was the breach Munsey that the Co., stepped avoided. and ancient his disaster matter was of did fact not do were much all step- the when tory Ae Mr Munsey was resent, Clearing as House Asso- John ping. members He at of the long meeting then national troller, bank acciation, Williams, of the 31.000.000, se Skelton ind adorsement note for the story cepted presidents $1,000.00 of a 000 assets, assets so of accepted United cured by from the Munsey his runs, taken Trust Co. Mr retired. leaving and receive States situatic and the matter Williams The prothe to close from Mr. Trust Co. The tra insaction the agents $1,000.00 000 the Munsey to depositors. one., a a and clientele valuable ceeded next morning to make was payments a profitab very valuable often wondered on leasehold bankers have been the effect States Local would have had the United branches arjust what inst stitutions its numerou making demand rangements the closed other Trust Co. ents their and for doors the payment without effect on would banks One strained the to have of deposits. thing is certain, resources of hered the the have of ashington