Salt Lake Telegram | 1918-07-10 | Page 10 | [Untitled]

bALl LAKi 1 I 5 1 It L I t I The Th National Banks anks of the z r Y Country Are Steadily Grow J 0 and Safer BB 1 John Jonn Skelton Williams William S. U U S. S L c t Comptroller of the C Currency epcy z I J nt i int 1 H 1 V j. j v VW J 10 m In T a aton tin to w. w natio s d dated t J d Jun v I e 5 1918 i. i Mr John L I to ton tonis V Unit United d States dates ates Comptroller of f 4 e says y says It It is d deeply Ji gratifying ying t to chronicle ronicle the steady tead increase as in th the strength an and t ys safety fety of tc the national banks of o our r count country v I I t r 1 11 kJ 1 I r t j i Five mont months h s and I d five days of the year 1918 r cf V have J fc i now passed without the f failure of a n iw a. a V single national nation l bank in in any ny one of the h 48 T f 1 states in the Union i t ft 7 A V Comptroller ller Williams Williams declares that the fact that nat national n l banks banks' are steadily grow grow- y i in ing and safer af is l largely du due tp tp the improved system of bank exa examina- examina ina- ina I and dt a greater great thoroughness of these examinations t ons with the policy of X qt ir ng that the the national national banks shall observe e the provisions of ons of the laws int intended Irl Jot for their own pr protection I and ln the protection of their depositors deposit r a and d shareholders ij ri i 4 Every national 1 J bank I. I is st compelled d by law to o observe s I the most y rigid Gov Government 1 I 7 tl requirements ir J s and andis nd is subject b tl to thorough examinations ons from two o sources the sources t s the U U. S. S gov- gov National B Banking S System y stem and tev arid and the Feder Federal er f System Y t The e regulations gov- gov U t I. ern ng th the operation q o of r these hes t two 9 systems s m ar are ned n especially sp to protect rot ct dep de- de r W J- J t n l f A p i R. R f t. t t i I Vc 1 t Ii iK W t VS I PS- PS I 4 I Y t I i M j N f. f 7 TIt The e N National IB Bank an k 0 of f th the e R Republic epu hI IC is IS not on only I y a member member memi mem mem- c ii W r M i 7 ber te o of ti the Fede Federal 1 Reserve J Bank ank but buU i 15 also a member L i Lv- Lv t 4 t f t the h. h U U. S S. S N. N National I B k S E d t n j 0 e Banking an mg System ys t em Every very department department depart depart- epa rt J r t j ment is under Federal supervision supervision examination and f t I control and ea each J transaction m must st be such sued such as will I 3 i I the Government r most rigid t I pass inspection 1 Y J I I p. p I ivI iv I These e seg safeguards a Q fo for your r funds combined with our a attractive tive and d liberal ib rai policy of of i I granting ting granting accO accommodations on th the b basis sis of a mans amans reputation n f for integrity 1 Y a as well ell as 1 t tit I f on the amount and 1 ch character lr ct r of his collateral are vital fact factors rs in the banking g s service sere sere- r- r r ice this institution is prep prepared red to render its custom customers rs I U Y I 4 f NATIONAL Of YH I EA DENT J 2 Y W F E Lr I ER I PE I L E i r t Ht j f. f pE G j i IQ j p L 7 1 I t van I