Show Public Funds in National Banks WASHINGTON Nov 18 Secretary Win domsattention was called this evening to the report that he had decided ithdraw 47 000000 of the public funds now on deposit de-posit with national banks The secretary said he certainly did not propose to mao any such wholesale withdrawal but the question of withdravyal of a portion of the I funds in the depository banks had been under I un-der consideration for some time and he fully recognized the necessity of calling in I such portion as could bo withdrawn I from tho banks without serious wihout serous inconvenience to trade and commerce interests as early u practicable While he thoroughly disproved of the policy of deposits de-posits in bank in excess of the amount r quired for the transaction of current pub lie business he fully appreciated the importance im-portance of proceeding in a careful nail conservative way in making the withdrawals withdraw-als The secretary said the withdrawals when made will be for the sole purpose ore o-re in United States bonds He said also that tho government for many years past has had on deposit with the banks through which its current business is transacted from ten to twenty million dollars and he saw no good reason why this policy should not be changed |