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Show oo H THIS IS A GREAT DAYJN FINANCE Washington, Feb. 25. If February H 25 holds true to its record and tradi- IH tiona, something Important ought to IH happen today in the world of minancc. H It has been the "birthday of soveral H epoch-making events in the commer- H cial history- of tho United States. On - H that date In 1791, the first United H States bank was established as part ,. H of the general scheme for support jH of public credit proposed 'by Alex an- H dor Hamilton, the first American" . -jH liwrkgrr -"- t-rrw - H In 1S4S, E. H. Hnrriman was born H at Hempstead, L. I.; in 1007, on his H 59th birthday, the lato financier test!- H fled before the Interstate Commerce jH commission that profits in the famous IH Alton deal were $24,000,000; and In H 1911, on the G3rd anniversary of his jH birth, the government's formal author- H ity will go out 'in conversion of the H first Night and Day bank of New H York, Into the Harriman National H hank which has been organized by IH his family as a monument to his H name. H In 1SC3 the National hank system J was created by act of congress Its H forty-eight birthday sees more than H 7,200 banks In the system with noto IH circulation of more than $700.000,0H) H and comblnod resources of $10,000,- H 000,000. H In 1901 United States Steel corpora- H tion was Incorporated. In 1901 tho H loans of the New York banks passed H the $1,000,000,000 mark for the first H In 1907, $173,000 was mysteriously M stolen from the Chicago sub treasury, M a thing bcliccd to be practically lm- H possible, and the government has nev- M cr recovered the money. In 190S, the holdings of gold in the H United States treasury vaults passed H the $1,000,000,000 mark for the first H time in the country's history, and this is the only country In the world H to hold such an enormous sum. H no 1 |