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BUSINESS HERE NORMAL DESPITE BANKS' HOLIDAY Presidential Proclamation Mandatory and Local Banks Are Closed Business in Juneau today was proceding normally without regard for the temporary holiday observed by both local banks, effective today and running until Thursday night, in accord with the proclamation issued Sunday night by President Roosevelt. Its provisions are mandatory. Previous to the Presidential order, Gov. George A. Parks, after several hours' conference with members of the Alaska Legislature Saturday, and with local bankers, had issued a proclamation declaring a Territorial banking holiday, optional with the individual banks, for a period of three days, beginning this morning. It Is Superceded The Governor's proclamation, however, is superceded by the one issued by President Roosevelt. And in compliance with the order both B. M. Behrends Bank and the First National Bank posted notices on their doors that all business would be suspended until next Friday morning. In the meantime, the Alaska Legislature moved to enact a law which would empower the Territorial Banking Board to take action to protect the Territorial banks from any adverse affects that might result from banking holidays and restricted withdrawals in the States. The Territorial system, it was pointed out, is so intimately connected with that of the Pacific Coast States that any interruption to or disorganization of the banks there inevitably was reflected on the banking institutions here. Bill Is Introduced To safeguard local interests effectively, therefore, a measure was prepared by Attorney General James S. Truitt and was introduced in both branches this afternoon, by Senator L. C. Hess, Fairbanks banker, in the Senate and Repre(Continued on Page Eight)