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Show ifTAH FRIDAY.. JULY ...pm nhlin, ShirUy Tempi, and NtlU Wilktt aleo t soles. bccban, vice president f'znifold the two aura ia a 1 real- - the immortal "7th duo appeared ia urely idealistic type. Since ia pamcalar, Mr. avoided carting Shee-leel- y them itpreuioa background. the coaatry cheerfally oa ck to prosperity, and the ia a mood to look back ast four yean with real aad Charlie abandon ideal reseat brand-neportray admirers. It ia a new aad n Janet who appean ia Heart," a Janet who has the juvenile aspects of her us ia favor of a womanly And the story, tak lion. atblecn Norris vivid novel during the depression. -- Love Song. gives her i ide ia which to make this in fashion bumaa very joys and sorrows of foar pie who. after leaving against the trials and of a great city, the theme, col-!g- lc nchant handling of common make the picture a unique annals, and Gay n romises to become an hit of the year. nor-Farre- ll out-rve- Write Non for FREE BOOKLET Beautifully illustrated book orYrtac-te-yaoo- d What -- to -- see sent absolutely FREEtothosedw plan to visit California within dw neat few north No obligation. AddressP. ARMOfUtltt HOTEL CLARK 426 gS South Hili Street L)sAnqeles.Calif6nva MARION LAW, Dr FRANCIS Bankers Association president Amnriena interest rate good loan, nor has the hanks of th nation prorlda aver been so low. Ltho machinery lhroalb. A Return el Normal Landing tor Banka are badly needing loan conthat now and ho revenue purpoaea. greg sting drada of fidence In banks has bee largelyg rertra-laof dollar!. restored they are naturally lending policy. Th bank to n more normal conr largely Before tha bank holiday tha shattered. a h t fidence of th people aanclng mind Govfederal Th thought uppermost In the of their lte In was th safety ernment of depositors befunds. Withdrawals from banks Recovery Pro-graIn Involvgeneral. came Increasingly heavy Under such circumstance th banking the greatest peace-tim- e er. mindful of hi primary responezpendltnrea sibility to bln depositor, waa mora ever known. concerned In tb collection of Ioann Likewise tbs than In the making of naw loan cup-ea- t Th result was a severe contraction tanks are largely financing the counties, of credit For this th banker should credit aeeda of states, not be blamed. He elmply performed iltles, public schools and othar hlcb his manifest duty. all f Bankers at this time are very tavt Intimately to do with the dally of tffalrn of all of the people. properly viewing the credit needs Each day banka throughout tha business with serious and sympaof thetic consideration. Applicants jouatry art making hnndreda are and they for loane are not always familiar ihou sands of now loans renewing and attending old loans with the rules governing bank credit tor ih accommodation of a vast and constructive and Interested help number of borrowers, these bor- on the part of the banker will bring rower being Individuals, corpora- about the making of many additional tions aad partnerships and their loans, and without doing violence to loans being Incident to agriculture, any principle of good banking. Certainly no one would advocate Industry and trade everywhere. The banks, through their trait dethe making of unsound loans by partments. art continuing the work banks. Tbs creation of n Urge volwhich thny havn faithfully carried ume of unsound loans would not an throughout the depreeslon and only weaken the bank It would era protecting trust funds placed In prolong the depression and wipe out om of the gains already made. It thalr ear against the worst shrinkage of vnlnea over known. Included Is to be earnestly hoped that no In this activity In the aervlce the banker will yield under th pressure hanks art performing In connection of hla desire tor earnings, or for with administering the affaire of any other reason, and mak loans of wldowa and orphan tha wrong sort The ban ha, through the medium of There are many needs for credit their earing and thrift deposit de- of kinds which arc not within tha partment nr fnrnlshlng safety for province of commercial banks to the accumulations of many mlllloni meet. Likewise there are many of people and oa this class of de- types of eredlt, but there are also posits reasonable Interest Is paid. many types of credit facllltlee Ivall-ablTha offlcera of banks are unstintenough. It would seem, to meet edly and nnaelflshly giving advtca th requirements of all claesea of and counsel to the people of their worthy borrower. communities, thereby to a considerThe Duty of Every Banker able extant guiding their dally finanIt is clearly the duty of every cial and fiscal affairs during this banker In the country to perform moat dlfflcnlt period of disturbance. certain services. The moit Important of these are: The Banking Strwetnre Strengthened L To afford perfect safety for toTh banking Stractnre as it la deposits. day has been greatly strengthened L To grant credit to those who and tba process of strengthening till goes on. Banking Is not a closed deserve It. In the matter of credits the public science. Th which )t making 1 have to be ever dream ctical prob- Jusnewspa-cks-th- e ad- - ing gives its re valuable nothing else ce. For ad-ri- ce you are the very fact Will give you nd Garfield e buying. Ska? - A v.V, , mi i: Of course, Mavis Talcum indispensable as a razor to groomingaftershaving Meat that everyday But dont tL1 stop To really enjoy the benefits oi Talcum, as millions of both me? women now do, sprinkle ctE by VIVAUDOU po-ltl- cal a, massage the same incoop Mavis Talcum over the atm Thats comfort and protec absorbs perspiration. Cools odorizes. 251 50 $loo ROWN. tfitnt i. R' fforlmi A War. Vfor MAVIS POVDl TALCU ttlKUO. (431. V.0LSC Vspnaot. Service. a!. Reid OEANli Guara g drape a dienes, i ftb So. e banking system have had was not good enough, and I earnestly bellev that an able and commUalon should be set np to mak a study of our numarona banking Uws to tha ond that n properly correlated banking yatern might be worked out and submitted to tha next Congress. A good system would Include rigid requirements as to management. Intelligent and Impartial supervision and, b dn time, unification of super-visioRueh a system, composed of banka adequately capitalised, capably managed and conscientiously supervised would ellmtnat any possibility of a recurrence of what baa happened In the paet four years. Tha temporary Fedaral deposit Insurance plan nnder which deposits la banka np to tl.BOO tor each are Insured has been In effect for six months and hu proven n potent factor In restoring confidence. Only two amall banka ont of over fourteen thousand holding membership In the fund hsv tailed during this six months' period. Th temporary plan ha been extended very wisely for a year. aad th amount of the Insured deposit hu hen Increased to 11,000, thna Insuring In full over 81 In number of th depositor In tha banka Hoarded money is returning to th bank and deposits are showing n vast - Increase. Banka everywhere sr super-liquimeaning that they have an unusually heavy proportion of their deposits Injcash. Thar nr two kinds of unemployment la this country unemployment of men and unemployment of dollar These men and thee dollar man he pnt to work. Banks In strong and highly liquid condition are prepared and determined to do their proper part In putting money to work. Requisite (er Grant! ef Bank Credit That brings me to th nil Important question of th granting of credit by banks Two things nr accessary to Increase hank credit: 1st Th banks most be liquid and confident In their own strength. tad. Business men mast further lay thalr fears end regain confidence to the point where thay will dare to think and plan ahead. Th first requisite is accomplished. The second It la process. Bank credits wtll Increase tad money wtll go to work assooa business get over their dlslaclteetloa to borrow and this win be when they begin to see profits within thalr reach. In put depreulou the ml move meat of the expansion In bank credit hU always com after general bnsl-recovery got nnder way aad not before. Th number of good credit risks Is tncreulug dully. Not In my time bav good borrowers been so warmly welcomed at banks they are today. Never before hu ther hue each competition for u on lr mfl-Ilon- a ae-eoa- furniture to nd and one , rHI w u i J Daily for Individuil, Million, of Tranwction, The . State .nd National Governments Divine of rusne Mb re-h- he new offering which .hack to the aerten. bow introduced two significant ia the ;hange of Heart" Jaa-a-u- p definitely to present role, aad it ia the the Ways in Which Nation Banks Are Serving the auger of prodoctioa at tbt mao. tvsponstbl for rlis's professional 13. 19M u owe c t Macbin A tt em must la fairness remember that commercial banks are not lending their own money, bnt the money of their depositor represented very largely by the earnings and savings of the people. The people who own these deposits have accumulated them through years of labor end sacrifice, and In many cases th deposit represents their all These depositors have the right to call for their money at any time, or at most on short notice. Deposits constitute a sacred trust There are certain basic principles In sound banking that must be held onto even in this period of change, but tb progressive banker must be responsive to changing conditions and he must be active In seeking proper opportunities to meet the sound needs of his customers. Repeated ueurance hu been given by tha Administration that there Is no desire on Its part to continue government lending a moment longer than Is necessary and that at the earliest possible time th government wtll gladly give way to the banka and other lending Institution This, of course, Is as It should be and we are all earnestly looking forward to th time when private Initiative and enterprise shall have recovered Its vitality sufto throw government ficiently cratches away. Numerous bank failures hsv cr. ated In th minds of many a grossly exaggerated Idea as to the losses of depositors In closed hank The ro-orIndicates that depositors In bubs which closed In th put three years will realise on an average abont 5c on the dollar. That wonld mean a lou of S5. it hu been estimated that during the depression the average value of Investments In stocks lost abont 80; bonds similarly declined approximately (0 and commodities 65. Deposits In sound banks continued to be worth 100 throughout the depreeslon and 80 of the bank of the country were not d to his community. He can he counted os to show a proper appreciation of his responsibilities and obligations and to tak his place among those who ar making earnest and unselfish effort to promote recovery. He Is aot Infallible, hot with every power that Ilea within him I believe he may be depended npon to fulfill his duty as a custodial of tha people's money, as a dispenser of credit and as a God fairing American Cttlsen lmbned with a alaearo respect aad regard for th eommoa good. ENGRA' unship. iJ. P. F Was. 31 Beyond Comparison in Quality, Construction, Appearance and Prj hiture With Any First Quality Tire Msd: MTURl in or si ijestic R. The way to create a TIRE SENSATION la ta give the people what they want, and Firestone haa done thia with the new NEW Firoetone Century Progreee LIMITED TIKI Tire. REDUCE! iUlresser tiud EU PRICES os easy 8152. CM AtO-- U As million of people visited the Firestone Factory at the World' Fair last year, we asked this question-Wh- at do you value most In a tire?" They answered Give us Blowout Protection, Safety, and Long Wear at a moderate price.? This was a big order, but Firestone has a habit of giving car owners what they want when they want it. We knew there was only one way to build Quality and Value into at a Non-Ski- d s-l- in moderate price, and that was by volume production . Wo built the greatest tire ever made to well at these low prices. Car owners are profiting because we found out what they wanted and found th way to give It to them. The new Firestone Century Progress Tire IS EQUAL OR SUPERIOR quality tire built, regardl of name,' brand, by whom manufactured, or at what price offered for sale. uwiM LOW ItleVili THE MA' TIRE coytn1ff1 ts Beakers Deserve Confidence Th country can have full coni due in tha Integrity and tenca of the bankers of the comp, conntry. Out of the leisons of the last few has years coma experience that will be valuable to the banker and avers TIRE SEHSATIO! tl TO BUILD THE ifpaire 12 War. CHECK THESE AMAZT u-- J VAU3 Come In and equip roar car with this marvel ef tiro construction, at the lowest price we have ever been ble te make an n tire ef this high quality and construction, carrying a Triple Guarantee win Ter thseo has J, r mtT W s iffri hrfonssset Kecordi 1 W lift A$sSk 12 fetths Keod Heards n MeiAe Se U fete Agd-- 4 a KuJja Utlen I ? fwinlrf ! Xw. |