Salt Lake Herald-Republican | 1910-07-28 | Page 10 | Bankers Taking Action

BANKERS T TAKING KING ACTION Currency Heine Formed In Inen rw en York ork and I Other Chins Washington July lair ST National cur currency 1 rency reacy reM are ant to be formed at Atlanta New Ne York and a number oC of Other title cities aa as well a as at Washington to provide additional currency to be hY th I 1 P I deemed If best est in int In Iii t financial lI da daTh crises criess The Th Washington association w was or orR R d soon after atter the approval p 1 of 01 the act ad of oC March It 20 19 11 l t but obstacles relating to subsequent withdrawals of banks baks forming the tb tbt as association t stopped final approval of oC all an another other lothel organisations Including those t formed fonn at itt Now N York and sail at Atlanta AUta I How ow the cities following Secretary recent nt letter urging u crea ersa cr fun tion of f c emergency assocIations association In la pert peri periods perlor ode of or calm I are going ahead the with drewal being hie possible po eIbl on approval of oC the executive committee of oC the cola lien tion and aM of oC the secretary of cC t the th tress tr acer tIl provided the withdrawing bank ha baa haa no outstanding currency Atlanta Is la I expected exIted to act within a few tew days day and New Nw ew York banks bank are to meet for ter the tho purpose on Friday Frida