| Show how flow all the people had a hand in building nations credit structure banker describes the way loans and securities of banks are based on the hopes ard and plans of all classes values dependent on publics Pub lizs ability to meet obligations ll 11 i R 11 SISSON president american I 1 ankers aler in the forum ill DIT may be informally IL dl C ailed riled as future hopes dopes plan and lod iod intentions ton veried ino inc present purchasing pomer rhe farmer tra oe mati t the it e merchant mei chant the t b lioni home baer t tile p u r c h a 8 e r or h household 0 u s e h 0 I 1 d boods thein veE tor and tile the spec sp ec alator all lorrow I 1 orrow at timp rhey to repay the etin enn i pa n g f of their F it SISSON crol crois 9 proceeds fda of tho the sales of thir roods goods incomes aloin their bagts and s eul it im niles les or art anttn ts fi filin om the reales of it their se e arttie urt tie at nia iia ket abins a li a 1 4 the lie t c ise ira irav hi b I 1 ini acci part 1 a rt of 0 f tin fat adious forms f ci ht q oil and tv t v the borrow borron rs rh dired direct oi 01 indirect indi reeth h nac of tile I 1 um LUS and in v marits f the file imalis it Is ahk which the notes se ee art mor inor gage bako in the port folios boho f the banks ahl rii banks art arc able to trita jhc loin beci tipe people d mohit v m th them ieti umair arit best the elins of a na nall ocic pi cuta lita a of borrowers ro no raib mis take etain luck or bishom di brione tl B pid d the jud merit of the IP appier PIer in such caes I 1 is leoned i roved ly by the after emerit to haip haie teen I 1 pen at fault the los afi caused under conditions condit loni are ardina illy fully met by funch set ret aside out of the earnings of the he bani a tor for jua ahli purpose purl cie and do not the depot igors mone in it the vast nt majoria majo rit f consos anil ana in the ties the anfe of the binheim in their ru cu and the Or llie of the in thear oi own a at al I 1 liev it v to ani in 13 out nut their plans aird ablit aitio is to fal foil con luno is at aie chols j instilled this Is th alu oo no mat mal pe fr iolj aitu ution under liili cibit aads to the vel iel tare fare anil and p 1 rn 1 ark B f cic act lie 1 lmh ii li ol of the kanka S sich ich via na the of hopes poc cotil d in ent one and common om inon arit nn e tit in on en existed anian nil fill 1 cs s of the iclona n e coni nui t L life hie naif n the of BI 01 b s i c ks b san an to hal e the llie nation a st g nl ial etli c in 1929 toe I 1 id clio i 1 d 1 1 lions alons of do lars v tl the b hicls ini s hi bt wao 1110 the i it wid i e n ehni the I 1 anlis inha had bad leaned laile oilmen of alie thase tl dapo allut lut ts on oil I 1 irm irin and lionie nicia 1 ln i es eg and on oil no of ni I 1 ir irs t r lit bi it n i and alid lin 1111 in ill a con co 1 null d 1 I t c n the t ind cl 11 i t f r I 1 IK n i L P d I 1 I 1 gu go 11 i 1 i n ill at al K g t h I 1 C oell oil ai i in ill 1 t it n 1 i ind ti li e b h i it ii i i i i f t til h t f ni 01 i biml r C r I 1 its ins to 0 i 11 I 1 rt ft I 1 11 i c 11 1 I I 1 I 1 n ml lilt i ille nl e tate ate mcie 1 I wo 0 0 I 1 ans to ind 1011 11 i id d I 1 I 1 mp me n n t mu i 1 ill 1 loi 0 o i te tp he in iriti i i it ill 11 ll I 1 LS 0 1 1 blud conidi coniri iril tri tiri its in ill in i u i i N ith the r p i ju t n i nd d sin 11 1 li 1 n ct cf the nations nation s ir finite i inta iii of mods a ao 0 11 f a t a most 1110 L sit V lit 0 tuo in id pick at al state and in iii in ill t 11 i it in n Is IB were N ere aim a I 1 ni s f 0 LOO anil and in corporate cor corp orVe se f critics 11 oto olo tto t 0 hs pr otilit strut 1111 nas built 1 v ille ohp i counti nan ab at react deac AN abile hile ht f aftin it n s nn an I 1 fu fa tortes wire atre while lille thi nation and the tha bild i folded ar r t it ati active u in ill uk I 1 k la is ti t r tait li oita 0 iti lib it N hi hll le etlie the larnino tit of nil all kinds hinds of attire ire it mille ie the aik noih oik ng ap peo ile ale of 0 the nation were fully ern cm plowed walle wages and salaries were teady and generous while pries of 01 commodities were strong and while shile the minds of the people were nere dominated by confidence great chunges ane ame a ne to the notion nation then suddenly al nou as it 1 the sun bun itself had lot loit t pirt part of its vitall t even thing changed dunged our foreign s failed and appeared in austry blackened A lapid drop la in all kinds of 0 commodity values set eel in I 1 ahe lie carn taming ings of bi business tell fell unemployment deN developed eloped nages ages and salaries Bil arlea went vent down domestic mai marketa bets I 1 ear car became gen ei bial a the maikels mai bets became beame a as the prices of kind and bonds wl ivi hered to fractious fractions of their former tallies alues it win ole disintegration of human pl in ins econom econe m c G condl ions and w N it laly i i aei c ct r v witness 1 d I t d naive cut right tiri igl the r i am ind al lica bics of the lo 10 0 o n ns und and ln 04 n ni te tc and unties lit in the bu bai ks hg ij 1 ii lit s men and ill maln enli r RL nl duits oud nt not repay their notts bolts to the han bin wi ni du due mim afan jovern matal units and le de faulted th tin I 1 i ai a i i aits on tach bonus v und dij n real estate ri ra i ka a s R e unc less lefia than tile the ile IK e of tile llie 1 lacs ille 1 he mil I 1 it ct lue f blind ud be camo came ae les than the L links inks hil hid paid for them nf im n U anit lit ants oi 01 tieni it dt as t ill 11 ite itei i il tor for loans I 1 lit i innet gintant lit in line alne thit that the ability of borrow borroni ti to aai oit ait the tu ru tuie hopeb plans ind and good giten alors ors oat ll 11 it I 1 hal above as the libia basis of i edit ad beeme im to a lai idi lita iid ei ci extent thin thia had e aei sei before ceu sn in the ria na flon s bistor rhe i gulting loses losea los es ea could not bo be absei I 1 ld d hj the banks a one out of the not mall impala funds that I 1 lid 1 I hem biln a act ct aside 11 lalji t the ep pp ap t til 11 L i of a certain inevitable pe emtage tf cf human plans tone wrong rong hanks banks showed all Rca onabe care it was nas in loins loans and hiest investments ments chose alue thus became yo Q un tin foi hii impaired pall ed that tl the banks in all confidence in all bood faith lit in all human atonable i eto lai hiie 6 ind and frood ju judzent dment had entrust entrusted fl the tha lillions lii lions ions ol 01 dollars of dc 1 poi ts to then them those Ici allan i iuliu itile ertme its are re un under derall all corni il conditions condition a as good us fis got gol I 1 itself indeed it if the bank instead in had tilled their ailts A ills aith gold bat mid ld then some unknown co cc all ri r i lad transmitted them into lead the tha jesuits ie would liae been ba baichly icely iloie a ertling thin than t lit dep ci ani tt on that wis caused in the a aits ain of the 1 b the tha un in i b 0 L i c foicey L e N wl I 1 ith I 1 h tt 1 f mei ed ina debased them thata rh in i ible i i il ia vas that athin h n I 1 e el I 1 s it i ith needed the tit ni n il 11 c 1 iiii I bitted cited to choso FA ii i i t IL euid liet the tha in k i lii iii of their de I 1 i I 1 1 i t t get it back it ni i r P i I 1 i t cur b inking bi t ill ii and nu nii eods hods ct cf them t i 1 h i 4 1 I art apart I 1 i I 1 it i i K t it A the life of the ria na to as a i b fn an n made to appear I 1 w N ii that hilt our binl baril were N cre ric i mc I 1 cd d w m th i or I 1 shoni honc tv i ith I 1 alwer NN er standi stand roB trus ot of b i i i f f in s than linn NN vere ere tle the h I 1 i f I 1 ini in f hannu with mith ft lit hit ii atu I 1 hc i t awn NN n fa a e and aw ai atles V t a 11 X ihl is as it a not s emd at times there wig nas a c mert m ert d cov cou birac pirac to it lidd pd 0 i ir r p p c to behe believe e tin g pei e i alt lt of americ in bink baril ini in is ia th hi i I 1 shaded fully in the p 1 in a n id ho ampt i 3 and h izard of the m 1 ile an and bittl those li 1 i I is t i eng tile the b inks carr carried itil I 1 it i rf f alit in hurt n ard ut ft fc i ud c 1 I t tl r i ine tie of the ini fortune |
