OCR Text |
Show I FAILURES WON'T BE FELT Liability Assumed by Chicago Banks Is Trivial. CHICAGO, Doc. p. "Other banks and financial circh-s In general In Chicago cannot possibly feel any bad effects from the failure 0f the John R Walsh banks," sn!d James R. Korgan, president "I the First National hank, and of the Chicago Clearing association last night. "In guaranteeing the deposits of the ifre.- brinks. -lb.- other hanks of t Mileage) have taken no unusual action. They have not assumed any great liabilities. In fact, the actual liability assumed by each bank is comparatively trivial not m r.- than is met in an average day's piisli |