Show SHAWS ST STATED A TE r ElT E No D Deposits posits Except on Bonds Where They Can ho bo Had 1 1 11 1 To 10 Hall Infra Not Nol till S or of Will a lur iuro dorm al 01 au Ir hand New York Sept Sopt 30 ec gave out the following today lima ho is ht receipt of oC large a number ot of requests sta from flom In the clearly showing that time the statement given out last night was nUs understood or that It was trot not carefully rend runt there limy laity be Je no the furrowing state mott ment Is made madeNo No nol nets deposits will be made on any security other othor than bonds so ao long II ns bonds con enn Le be so 80 cured lor jor the Iho present banke to lit lid ahlo to obtain frequently by bal bor borrowing rowing Lands other othol than thun 2 pot POI C camisole They rhoy tint obtain trio 1110 liS use or of these bonds fur a limited timid they are as aH as for Cur recur Ity for tor deposits are tint UK as tic do ns III fur rOI circulation lot tor the alte reason that based timers timerson on Is taxable ut at 1 per cent white while cir clr based on the tho Z 2 per sent cent con sols Is at ordy of 1 per Tile Larks cannot obtain except IJ by purchase un any bonds min Uti a 11 basis for tor circa when deposited for Cor cir clr circulation they cannot be released until their circulation Is retired and It may take n a year before beCore their circulation can canJe be Je retired and the Io irIco ut ot bonds Is e so HO that that bunk bank circulation Is maul at c toss loss to the d t me la they rhey must bo be encouraged god or cIrculation constantly contracts the department has decided Id ed to release for tor such Inch banks Janks us have deposits and ond are not their limits of circulation Il a ot of the bonds now held by the government talc tak takIng lag Ing In lieu thereof other su satisfactory se security on condition always that the bonds released will be used tor tOl the Im Immediate nw mediate Issue ot of additional circulation This does dOlS not apply to those Jamb bonds that already have their maximum circulation neither does It apply to bunks that do not hase hae any deposits The solo purpose ot of the offer ortel is III to Increase circulation lint Is already aheady printed and rend to be Je Issued anti and by hanks that have Ime already alread the bonds on deposit these deposits being scattered throughout the entire entin country the tho ro rev lIet lief ll It Is belle believed will he be nu no notional rather that local for It applies to all sections or of the thc country and ond to ever every state In the UnIon That the tho secretory has Intended oil all along that the relief should be general and for tOl the vest as well nit New York u as shown by a remark ho made In ox ex plaiting how row time tho effect would be Inte In Neu lew York lie He again hots hol the banks ot of the necessity of carrying reserve Immedi Immediately gave gae them the opportunity to extend ex tend credit to four times the reserve re release lease Toil see Bce he your our New NewYork York banks do not care for do their hy by means menns ot of credits The loans and amid deposits are In ht time Iho form torm ot of checks check and bookkeeping and ond nil all the they wont ot of cash ly III to maintain main maintain tain their reserves reserve Then what Is the use usa ot of Increasing circulation asked Oh replied 1 the secretary Instant Instantly ly h your our banks hero here do rent not do dam nU alt the tho business When ithen It crones come to the west western ern banks when they want to make mako a aloan aloan loan for tor the purpose of for tor cat cattie cattie tie or grain they have hae got to pay out the actual currency The They llo do not llo do doso so FO much of their businesS on hooks That is where the cash canh III needed and thc they call on the banks here for lt It See Secy Shaw during the afternoon re rev n a number of at telegrams from n number ot of bankers front sec sel I dons of oC the tho country commencing I action of oC the was ont one ot of lines who vino tact Mr II Shaw i Their talk was In private going go I In ing to the Mr Fairchild I had been heen ked hl his opinion of oC Secy I Shaws action It Is II a de departure from precedent said Bald lie he hut It Is II n a good Its just what was needed In the present aces ro Study de hilI Ort Oct 1 An American Amer ican commission sent ent tut for tor the pur pu hose of C studying hue hilI arrived here herc The authorities have ex expressed pressed d their gratification that Ih the commission hits conic como to this hits country countr horse lItch hog 1101 Keswick Cal Cui Sept O 0 A chizen has a liaise lint does dols ex excellent service liS as n Il Hatch dog But for the wonderful ene and faithful faithfulness ness nels ot of the which occupies n a corral next to the timid would heave have made his escape with z a hitch ot of valuable poultry DurIng the night the thc proprietor was awakened hy by n a racket In the rind on taking j a cautious look louk saw sail In the darn light ht n a marauder coming out of oC the henhouse with II a sack At 1 the prune Mille time lime the tho horse with a squeal went town toward Ill tho ho thief wheeling about a kick him him rime fhe thief lIro dropped pe tho sack of chickens and ran with the titter him the horse no ne timidly biting out n a mouthful of the tho nit fIB he l scaled the car cor rul rui fence tence The he bag Jill contained d eight chickens |