Show SENATE PATCHES CURRENCY DiLl BILL National Banks Must Pay Smal Small Interest on Government Deposits LA FOLLETTE IN DEBATE Wisconsin Man and Others Other Have More Amendments for Unpopular Measure Amend Amend Amendments Washington March 25 ments to the Aldrich Al emergency currency currency cur cur- rency bill requiring national banks tc to topa pa pay interest at the rate of ot one onA per percent ei cent per annum on all government go deposits and permitting the secretary of the treasury to accept ic bonds and the tho bonds of oC the city cf cl Manila as collateral for Cor emergency notes were today toda approved ed b by th the inn innate flate fl n nate ate In addition the time Important amend amend- amendments ments of or Senator Nelson chon of Minnesota and antI Senator Johnson of or Alabama In Increasing In- In creasing the amount of ot c cash sh reserves to Lo be presented b bj by the time naU national nal banks banIs vee combined and agreed to b by the lio finance committee and will go into the bill jill tomorrow This amendment was vas t ed d tonight pro that four four- fifths of oC the fifteen pe per per cent of rc- rc serves ves now no required shall be kept in inthe n the vaults aults of ol the banks s out outside ille of reele re- re and that of el e cities cHits In the tIme future this lils amount third one may be held In n securities to be Le accepted as colla ral for fOl emergency notes b by the trea-i- trea lir in o department nc Reserves tI Under this provision a nation bank hank with a fund of will HI own wn vaults all nil tho thu time Instead or of own wn vaults all of or the time Lime time o f as under the present law an md nd of or the tho new amount 1000 ma may maye be e In state or municipal l bonds ap- ap roved as security for fOl the new notes and nd in cash In instead of ur COr- COr 00 In bonds and in cash as required by br the pre present ent law In accepting this amendment re- re s Senator Aldrich has yielded one of or the lime moi most t important re-I re amend amendments and amid has consented to strengthening the reserve funds of national na na- na- na banks banis Tho Tue bill Is far from roan complete ho never cr n 1 several sena- sena which tots tOl'S have ha r othi-r amendments ou whIch they tiey i are r preparing p tot ri fc t l dit J l o. 1 P Int the bi according ac to an can agreement reached ju just t before the the- senate nate adjourned to to- to nl night ht Senator La Follette Toilette insisted that 2 and aud cited pei pel cent was wa not too big the state law of or Wisconsin requiring state banks to lo pay two and one half per cent on state deposits de |