Show CHECK BORROWERS I CREDIT INFORMATION TO BE COLLECTED FOR NATIONAL BANK DANK EXAMINERS System to be Installed Expected tc to tobe be a Check on the Borrowings Which Will Make It Extremely Extreme Extreme- ly Iy Hazardous for the Dishonest Dis Dis- honest I Individual nd A tentative system A Washington I of of collecting credit Information for forthe forthe forthe the benefit of the national bank ex cx- examiners with the compilation and checking up of or the commitments oi of large local and extended borrowers has been formulated by a committee of examiners who have been meeting at the treasury department Every examiner hereafter will keep for his own use a complete file of al aI large and extended borrowers in his district which list will be he sent to the treasury department for ing lag I The machinery available by the tho comptroller of the currency will be put to work to gather such credit information in in- information formation as can be obtained from national ban banks Its and from state banks and trust companies located in states where there is already operation co-operation between the federal and state banking banking bank bank- ing officials The examiners will not divulge the I name of the bank where a line of the credit is found of an extended borrower borrower bor bore rower their special reports giving the total only of the loans listed These lists are entirely confidential It is expected that the knowledge that a hundred or more men will be keeping a constant check on the borrowings bor- bor borrowings will make It extremely hazardous hazardous hazardous haz haz- for the dishonest individual firm or corporation to get money from the national banks |