Show SOLUTION OF BANKING PROBLEM EM IS LAUDED The banking situation which in 1932 vas was the mot most serious problem in the United States has been solved satisfactorily sat sat- Ray C C. Wilson vice president pres pres- ident of the First National Bank of Salt Lake City told members o of the Kiwanis club at theIr weekly lunch eon at the Hotel Utah Thursday Explaining technical features of recent re re- cent banking legislation Mr Wilson said the R F C has served a valuable purpose in aiding business by halting deflation Banks have repaid 55 per percent percent cent or of R F C loans made since February ar ary 1932 returning of receIved he saId |