Salt Lake Telegram | 1934-09-11 | Page 4 | Return

RETURN I UTAH welcomes omes a returning citizen who has hR hasK K served the country well and faithfully faithfull and andin andin in doing so has as earned new credit for this state E E. G G. Bennett vice president and general general gen gen- eral manager of the First Security corporation corporation corporation corpora corpora- tion resumes his per personal onal responsibilities after having discharged his duties as a director of f the federal Federal Feder l Deposit Insurance c corporation in inn n m manner winning high praise in administration circles cir les and among the nations nation's bankers i Interviewed upon hi his at h his i home i in 1 Ogden Mr Bennett reviewed results in the thc effort to fo o build new stability in Americas America's as a's fina cial cia institutions All tb that t he lie said carri carries cairies s strong reassurance c. c The nations nation's b banking u king structure he said a d is perhaps sf stronger than it has been during d rin ou our lifetime et m The country's banks banks- have nave str strengthened their capital structure by and 97 per cent of all ll d deposits posits ar are arc insured figures are arc meaningful With c constant growth in deposits ret returning eon confidence i- i dence is manifest and soon sho should ld be i reflected reflected reflect reflect- ed in busin business ss In on one sentence Mr rr Ir Bennett voiced a sentiment sentiment sen sen- t. t that should be worked into a national slogan for or business men politicians particular particular- iy l and all thoughtful citizens Answering a criticism from the Pacific coast that he was conservative he said We Ye all try to be sound If all conservatives and all lI liberals would apply the test of f sound soundness e to their doctrines business business business busi busi- ness and politics could join in common effort efort j to put th the United States States-on a s. s on its feet in in- more ways way than one oue