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Show t THE SALT LAKE TRIBUNE, FRID AY MORNING, NOVEMBER 28, 1924. 11 4 out of 5 Bill to Restore Balance Between National and State Banks Fostered Financial Interest Are Back of the Measure; Branch Banking Scored advantage eves national baaka wbeaa branch basking operations are extremely limited. Controller of the Currency Henry If. Dawes baa takes a stand against breach basking and the pending bill aims to prevent a further extension beyond the present stage ef development ef the system. Said to Be Most Important Monetary Bill Since state banks to engage in intracity branch banking In the large cities where the slate legislature has already granted them this right. Where a state bank is hereafter consolidated with a national bank any such consolidated bank la prohibited under the bill from retaining in operation any branch which the stale bank may have had beyond the city limits. Where a state bank la sen verted into bank the branches outside a ' RIGHT Federal Reserve Act. Oklcege TitealaH WASHINGTON if th Lake Trlbw Not. IS. r Exuiot-mo- at hPICintD. , Tbs bill recognises the right ef the the city limits similarly must f The bill prohibits any at the abandoned. state bank having in operation oomlnc ooaloa branches outside the city limits from With tho bill described aa the moat becoming a member of the federal reMcFaddn-Ppp- legislation bank-l- le scheduled of oongree importjaat beunklng maaaura atnoa tba Phaaay of tba federal raaarra aet aad with tha American Bankers' annotation, the oontroller of tha ear rency. tha federal re terra board and other agencies purporting K, there te dry proapact of lta approval by both houses of oongresa. In brief, lta porpoaa la to raatora aa nearly aa poaalbla tha equilibrium between atata and national banka withla tha federal rkaenre ay at am. to remora restrictions against national baaka which have tended to eaaaa many prominent Institutions to withdraw from tha national bunking aye-teand to aurtaU branch bunking. Tha bill la now on tha calendar of bath heease. It era a reported from tha booae committee oi banking and currency laat April after extensive hearings and a special rule was approved for Its consideration la the house. At about the eame time the senate committee ef banking and cur-r- e ay reported the bill in substantially the eame form. Ite sponsors were anxious tq obtain-.notioirr Troth houaea before eongreas adjourned laat June, but tha congestion of the dosing days of the session mads this imWith oommlttee action possible. completed and substantial support assured. It seems reasonably certain that tha bill can be put through both houees during the winter Government official and others Interested in banking are frankly alarmed over the withdrawal of national banks and their conversion Into state banka Since January 1, 1018, about ITS national hanks, each with a of more than 110,006, haxe capital given up their national charters and Their total taken out state charter assets amounted to nearlv 12 000 or about 10 per cent of the assets of 'the entire national banking system. The purpose of these hanks in withdrawing from the nstlonal system was to place themselves upon sn equal competitive basis with the state banks In their looalitlea n, 060,-00- 0, BRANCH BANKING. ' Of moat widespread Interest ars the bill relating to provisions of tha which is credited branch banking; with being the factor which la making the greatest Inroads Into the national State-wjd- e branch banking system. by state banka le being permitted under atata laws In nine states, countywide branch banking in two states branch hanking In nine and city-wid- e state. In the United State aa a whole It Is estimated that about 50 state banking institutions have under operation 170 branches. The state banka with branches have had a big serve system without firs divesting Itself of such branches. This has the branch effect ef preventing state-wid- e banking on the part ef new member banks In the federal reserve system. State banks already members of the federal reserve system which are in state-wid- e branch banking are prohibited from establishing any additional branches beyond city limits. The bill does not attempt to force slate member bank to divest which they themseUes of branch now have outside the city limits. State member banks of the federal leerve system also are prohibited from establishing any brooches at all in cities with a population less than ons branch In H.ObO, mors than cities from 36,000 to 0,00 and more than, two branches hi cities of 60,000 to 100,000 population. BANK R UTR IOTIGNG National banks ars prohibited from NATIONAL establishing any branches beyond the limits of tha etty in which the bank Is located. In those states where state banks are not permitted te establish branches even thv .national bank w1thtngityJimK also ere prohibited from doing so. Tht authority given the national banks to establish branches wtihln cities In which they are located will broaden the field for pome national banks Inasmuch under the ruling of the attorney general given to the oontroller of the currency, national banks now as a general rule may maintain only "tellers windows" In branch offices Buck national banks as now maintain branches at which a complete banking business is transacted do so by authority of an old law which authorises & state bank upon comertlng into a national bank to retain its branches The bill contains numerous other amendments to the national hanking laws One section clarifies the provisions of the law which Impoee a general limitation of 10 per cent of the bank a capital and surplus upon logns to any one person in such wav as to remove some technical difficulties confronting the banks In determining the legality of loans. An other section broadens the scope of paper eligible for rediscount at fed era! reserve banks and has the effect of facilitating the marketing of agricultural and manufactured products. An important feature of tha bill has to do with real estate loans, the period for which a loan may be made by a national bank upon Improved citv property being increased from one year to five years. The demand for this change naa been especially strong from the national banks In the smaller towns and eitles Next to branch banking the competition felt by the smaller national banks It takes healthy gums to keep healthy teeth eat as a ship weeds the closest tttMttflt BMr the water-linbo do youg teeth under the guawiae If you neglect your gums let them get in a rundown" condition you may soon be numbered among Pyoiyheas countless victims. Bleeding gums are Natures first warning. Then the gums begin to recede, lose that rich, healthy pink color. Poisons collect in pus pockets and often drain through the entire system, causing indigestion, anaemia, rheumatism and other In the final stages the teeth loosen serious diseases of mid-lifand fall out. -- FORCED OUT Compelled to Moveju bjrJanuary Tsf e. Take no chances use Forhans Ifud in time ind upej consistently. if you dont care to discontinue For bins will prevent Pyorrhea; or 'your favorite dentifrice, at least check its progress eomething ordistart using Forhan's once s day. are tootn to powerless paste nary Forhans is more than a tooth paste; do. It contains just the right proit checks Pyorrhea.Thousands have found it beneficial for years. For portion of Forhan't Astringent (as used by the dental profession in the your own sake ask for and get tree tment nf .Pyorrhea). It is safe, Porhan's For the Gums. At all efficient and pleaiant-tastinEven druggists, s jc and 6oc in tubes. Formula of R. J. Forhan, D. D. S. Forhan Company, N,w York 4 v :pi b I I rdR With No Desirable Location Immediately" Available, We Must Hurry Out the Merchandise Regardless of Loss . lEE'GUMS BRUSH Y0URTOI THE MODE Has for Years Been Known as Salt Lakes Ready-to-WeStore for Women.' Leading, High-Clas- s It Ha Been Known for Exclusive Styles and Great Values. When Such a Stock Is Offered Right in the Heart of. a Season at 25 to 50 Reductions It is Immediately Accepted as an Opportunity of Rarest Occurrence. f wjg$ipd fe. ar JWMUIAC. fc PHI pifXKtSllStHW Ea,v,jrmfHOtT You choose the finest Suits, Coats and Dresses of the Season at THE GUM! FORtooth it checks More than a Pyorrhea paste from the etxte bwnke in real estate loans has been most keenly felt. The bill change the term of the succession of national banks from ntnety-tai- n years to an Indeterminate succession. Under the present charter limited to a term of years the banks have complained of a hand-cawhere trust powers are exercised, customers desiring to make n long term trust naturally selecting a state bank or trust company with an Indeterminate charter. Other sections of the bill permit the direct consolidation of a state with a national bank with a view to e laminating the cumbersome step of first requiring a state bank te Into a national bank before such consolidation may take place, permits the organisation of national banks in sections of a city of not less than IKMXOo. a capital outlying permits national banks to own stock in a safs deposit company located in or adjacent to the bank, and permits national banks to pay dividends In stock, and provide certain criminal penalties for the protection of both national and state member banks ef the federal reservt system Stiffness oon-ve- rt OFF OFF ONE-HAL- F ONE-THIR- D ONE-FOURTHOF- F This limbers you up Men on the big, heavy job know how Sloan's gets right at stiff, aching muscles, bringing them relief in the shortest le order. Dont rub it in. Just apply lightly At once it speeds up the circulation pain and stiffness vanish like magic. Ail druggist 85 cent. Seems That Salt Lakes Fashionable Women Were Waiting for This Sale. poa-eib- Forbes Trial Likely to Be Deleted of Its Sensational Character, Report By JOHN Crowds Daily Beyond Our Sloans liniment -- kills pain! No Fashionable Women With Clothes to Buy Can Afford to Mis a Sale Like This, -- J A, KENNEDY. Universal Service. The trial of main defense will be his personal CHICAGO, Nov. 27 to taking the govColonel Charles K. Forbes, twice In- tharacler previous ernment post In April, 1631. In advetdicted former director of th erans bureau, may not develop all the sensational angles previously predict ed by those In charge of th case, It seemed apparent tonight. As the choice legal talent engaged by the government and defense complete their preliminary outlines tomorrow preparatory to presenting evidence next Monday It was though quite sure that much of the more sensational testimony will be left untold Forbes, with John W. Thompson, millionaire Chicago and St. Louis contractor, face the court charged with engaging in a conspiracy to the go eminent with the 0V hospital building program started by congress in. 1922. The former veterans bureau head's his stiomevs expect to prove dition, ' out of the mouths of government witnesses" that the chargee on which a jury returned the indictment were false, Hut when he places the stress on such a statement it is possible that some interesting facte will be brought out at the trial. Ellas H Mortimer, the mam government witness, will take Inc stand as the first witness next Monday government has so far indit The cated that it- will not use testimony desertion from the relating to Fork armv and to the fact tha he I al. leged to have had two wives prijf to the date n which he was divorced from his first wife. Kate Forbes, some eighteen months ago. Both charges were known to the senate commute which probed the recent veterans' bureau expose on which the present trial is based. Tht committee decided not to have the testimony In the case spread on the senate records In fact, the stofy of the desertion end the alleged matrimonial ventures of Forbes- - have remained much' of a secret as far as prstty news stories are concerned. . Judge John W. H. Crim, foimer assistant 'attorney general in charge of the case for the government, some time ago stated he would not use either story in evidence. Today he reiterated hie previous declaration but with the prevision that if "conditions warrant U" the government may ea fit to examine iside of Forbes' allowed Ghnstmasir Presents si's from the Christmas Bar-gaicolumn of Select your n, TRIBUNE Classified Ads. UVA -J V.W - N: Ho did H Mortimer EH, with bureau M degree.; wet hath topper. tin. at relatl.. fa an 14 It at p. a,., S4 68 par feet p Precipltiuae Teiel foe th. tweettour a. n. wa. aonat total boars eadta, at for tliia nontb to date la toclma; aceamalated aaaaaa for thia aBonta to data la of aa In It ; total precipitation alec a Jaauary 1 ta data 1. IP 1 iaclu.: accuarn-l.1 ted deftelaae Alt alee, Jaanar, d,rw; ... , larkM. a Haea at T.U aa ia t a. to at ( oambo. fg, IRt TAKE WEATHER OBIEhVVnOY r M. kOI'.tifilN TIME. , Try the Wuti M that which AT Helena La Ma .. Ar K .. Maks b Naw- - Verb Oblsbesae. Omabe FheaetX PoatUo Portl. ftSMm-pushi- ng most noedeA. I had tpmeltJtr$tjj)l for. Fear, alao eonatipatlom which Ailed my gratam with fa and fever. I could sot do my work, End whil I wa. down pick a lady from, out of towa teat ms B bottlo of Marra Wonderful ftamedy which I believe proved truly wonderful. it i tha beat medicine on earth.. It i. a simple, harmlaaa preparaToon that removes tka catarrhal mucus from tbo intestinal tract and allay, which causes the inflammation practically all Etomacb, liver and , a mss Hi qi to Minister.TMfiiL It al It IH .1 WEATHER DATA -- - Jhh Smith, Intimate an other, affalra in tli. Chamb.ra, alao a part, Frank Ron, killed himself In th. frli nd of Fwbe. month, ego, just two com-kt t.o MerHoulae, hi daughter, tfler mitted aulcld. At one tin.. Forhe. a dickering with Chamber for the aplo of hi summer place In Virsini. 'Fentheretone farm." perThera will ha other mtasin son. and mtavlng etpriea, but in Sfdt. of tht. it look, a though th. trial ,m b exceedingly IWBireetlng, y .lf of feature, of Prealdent Weather roadtttoae. gneembev IT. 1934: opinion of Fetch., alao City , rnatparedve data at Salt lakewee miMlng. General Ea.v.r, Hlbe,t today Temperature 18T4 to' Harding, i. dead. tomttt llwe tht. ktrheet la H. was to he on. of the chief gov- wa, 14 dearer.; toweat laat rtft'waa'2 ernment wltnee.ee. It had also been drgrrea, toweat title moath else. 1Td wee hr th. gov.rnm.nt eounael to I derrere below tow; me, temperature hope IT have hire. Harding lake tha .land to for today wee 8d degreed; sanaal wa. the .laee defend her dead huaband'a name. In degrees aeeemlatoddef1c!ee -44 emu. ' degrees; defena. eaaa tha presented, evldoncw 111 to Thia. of xree nreaa el ere Jaeaary I It fortifying .tich . a move. - e count., will ha Impntrelble. at bfb tf!Wt in addition to thoaa who have died We,ttmiiWtr belk tewpratnr at wet 20 of natural causes tha ro'l of those who a, , T1stlTe bunidity at 0 X might .had light en th Mery of tha a. w., to 4Cta; rent; dry bulb temparatar veteran.' bureau has bsan reduced it iM,-.a- per tiw. to art balb rmmi . , tewparatvm ty four gutoide Me, eo twt, 34 Charles F Cramer, former general relative knaldhy at ana. amt tlwa, 41 counssl for tha bureau, JUUud him- - per saati dry halh toatpera litre at p. Mar-fin- CSV 20 intestinal ailment,, ,, . Ore. ineluduf One does will convince Sehramm-Johneorefunded. drupn-i- e and Drugs, Everywhere, or money n, |