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A Sensible Arrangement-As will be seen by a statement of the officers of the Jamestown banks, precautionary measures were adopted Tuesday to prevent an unnecessary withdrawal of currency from the banks. This action was deemed necesasry on account of financial *troubles in New York, that have created a temporary scarcity of currency and gold, for the usual necessities of business. This is not due to local conditions of any kind. The Jamestown banks were never in a more flourishing condition, and their solvency is beyond any question. The trouble seems to be with the immense amount of business to be transacted, especially in the northwest at his special time of the year. and the difficulty of securing the necessary currency from the east to move the crop. The New York and Chicago banks have declined to ship currency or balances due to the western banks and it is necessary that the banks of the northwest take the same steps that the Chicago and New York banks have taken, in withholding currency withdrawals of the"present. The plan established by the banks will not greatly inconvenience depositors. Any one who has a checking account at any of the banks can pay store bills or any other bills by check or draft just the same as in currency. Ans debt to be paid outside of the city, may be paid_in"the same*way. The action taken_by the banks is an unusual one, but is the only safe. sensible and business-like way, in dealing with an: emergency, the cause of which has no relation to any local conditions, but exists outside of Jamestown, and the state of North Dakota, and which orginated in New York City, where the banks have been compelled to refuse to ship 'currency to the west for moving crops and for other necessities. Currency will be paid out, but in small amounts, and the certificates of the various banks will be substituted for currency where payments are desired in large amounts These certificates are guaranteed by the banks and securities of double the amount have been deposited with the trus. tee, Alfred Steel, as a guarantee that the certificates will be redeemed. There is no Fcause or any reason for any alarm and it is believed that these unusual conditions of a currency shortage will be removed within a short time. Every sensible, reasonable person will understand that the interests of the general community are vastly superior to that of a few individuals, and that by this united action on the part of the banks, the absolute safety of depositors interests is thus secured and business not interfered with.