Show WORD n OF BANK FAILURES GROWS suspensions culpen since january 1924 14 exceed number in I 1 three years of wilson administration BUSINESS SUFFERS EQUALLY total of comm commercial acial bankruptcies reported up to sept 1 against in period from 1918 to 1920 washington D q nank hank failures lal lures in the first six months of 1924 wore were nearly three times as numerous as the bank failures during the entire last las t I 1 alrea 14 re 0 I 1 years of the second wilson adain admin it Is revealed by statistics recently compiled by the R G dun mercantile agency the liabilities involved in the bank failures between january 1 and august 21 31 this year were more than eight times greater than those incident to all the failures lal lures during the thirty six months of both inclusive the story of 0 commercial failures in the first eight months ol of the present year january to august inclusive Is 19 even more dismal the total ot of these failures in these eight months was 3 SO and the liabilities the number ol of these failures in throe fourths of a year was more than halt half as great as the number reported in the three years from 1918 1913 to 1920 0 during uie the second wilson administration the liabilities in the same eight months were acre within two fifths as much as those tor for the three years of the wilson administration cited story of disaster the figures from the records of R G duns agency show the following with regard to bank failures wilson administration bank failures liabilities 1318 1918 20 1919 60 50 1320 1300 total 3 years harding administration bank failures liabilities 1921 1322 1923 1924 ast 1st 6 mos total 3 years 1669 commercial failures second wilson administration liabilities 1918 1919 1920 total 3 years the following are duns figures on commercial failures during three years of 0 the wilson administration and three and a halt half years ot of th the e harding coolidge administration harding coolidge administration 1921 1922 1923 1924 ast lat 1st 8 mos total 3 12 years condition worse in west that panicky conditions have been particularly bad in the farm and stock raising states of tha west tor for which the republican leaders promised a panacea for all ills ilia in the emergency tariff act subsequently replaced by the tha fordney mccumber law one or the other of which has been in effect since the spring of 1321 1921 is indicated by treasury fiquris published in the press in july 1924 showing that of 0 the bank failures recorded were in the states slates west ot of the mississippi river they included state and 76 75 national banks the latter number bo ba las ing greater than the total ot of all na banks railing falling throughout the enire ire country in the seven years ol of the wilson administrations from 1914 to 1920 inclusive this appalling record ot of distress dle tresa in the western states shows a total of ag rai failures lures in south dakota alone during the birst six months 0 of 1924 48 in north dakota 40 in hion montana tana of 0 all he states west ot of the mississippi only nevada evada was not in the casualty list and as this Is written reports are still coming in one press dispatch relating the closing of six banks in wyoming within two days business men who were promised flush times with a republican victory in 1920 have had an awakening equally sad for bad as Is the record of 0 bank failures it Is no more disastrous than that ot of commercial failures |