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Show BANK GOVERNOR AFFIRMS STABILITY N K. W YORK, Fe b. 6 I i scu ss in g credit ex.wtnetons arising from the participation of the I'nited States in the war. W. H. Harding, governor of the federal reserve board, in an ad -dres' toduy minimised the danger of a business collapse or financial crisis. "I say this in all candor.'' he asserted. as-serted. "We are now looking toward for a year of constructive development. I want to say. intrinsically there is no comparison today with conditions a year ago. when there wa uneasiness and apprehension anionic the best In- j formed over the badly expanded credit. I Business Is now rapidly reaching a new level and approaching a sound and I sane basis." |