Show lEADERS URt BANK REf REFORMS Rr S Par Check Collection and andU andU U S Watch Over All Banks Favored Oct 12 of checks and anil an I the rg I rB of all banking bankin und under r federal fedes-al ilon e olon were tere ere anlon imong the mea meas 1 ur urged urd d I before th the joint con con- loral committee ins ur or of state hinks to th the II kr r I 1 I Sl e I I il orew ot or New ew ew York Tork ork wc-r wc I r I le of th the National I Ii I lion o ot oC Credit Mendo Men o d doi dotI i tI 1 1011 l oi If pr proposals posas wr he Ito WV W W V Wi 1 I i tnt tint t nt of tho the asI asI as- as I I 1 in 11 fl etres cd d tho desire desiro for forI orp I p I i in his ls III n II TOO r V tr T IS IJ 1 I I ir LI 3 hanking ng waa WILli wa one of in 1111 oils ons to tho the fel lcd lcd- E r C I inn rt I Sir Mr r J 1 1 rep rep-oe rp-o rp saido said 0 o atlon allon ad the op- op opt op-ln op t Li n I ir lIp te no bui lu un- un UI DI B onil 11 law ld Thelo Thele are to toI I banks B he Ill said Bald and congress hid art lart a measure under und Iii h ii non mem member r Links L I ni m d 4 tT hit rh lieges of o the tho fe fed fed 11 l- l len 1 en erie i er l r le this Ons his would Ii h effect h ha ed of not il g many miny banks Into nto that t I ni but l also In 1 it In up iRp the tIle affairs of those it t i ull I P collection of checks w was s rd bi St Mr a of ot the th ut uti I ot neo to the business ot the Cheeks he Ill said saidIe ald Ie e b become como n and l about I per cent of ot all alt busIness s Is con con- con conducted ducted In that thit tiP a was Inder the tho fi-dersi fi s o e t s lem tem he contin continued lied par clearance haa been ben S-P- S r to In an nl nl cost ost AA fr wl I Is Ich loh the and no not the tho cu cus- cus customers stand l 1 pi pt I tImed lear IS 11 l ma made e al lie IRe pro pre predicted d olce In m soon would I b be e made I 1 a able only In checks drawn iiI 11 ii I in 71 n subscribing to par col cal cal- calIc It col-It Ic tAlon Ij toni G G pct P p ct rhe ri c ti ss iU-ss asserted the lh federal r et ci i e boar board o i had a I l O than ha eien n I Ia Ia Its a friends t luau 11 an nn I 1 that If It properly d n and onI n kept ept out r ft tf f I II I 1 I keep the out of pan pan- panS pan pan-is S In 1920 he lie asserted It pre pre- pre pre-i I appalling losses He de- de deIl de I Il d I that tilon In th 11 ear hal hilI fallen wore beastly lIy on than ha n on on othet othel oth i lines tines or of Vi ire are in i 1 i crisis crial he lie sa sai r We e c fann t c hi the tue nitre tOld I Iut ut ul of or older 01 without feeling ItIC It IC i bu 11 rid end Is now nO high ost I 1 3 hat Is i om and we ste 1 ale aie e IrvinG to omI cut I I 1 n COStS coals J Mr ir r Orr Ocr testified Ehst unless a the 1 anks agreed to par col- col li col tile the at al i should 1 Ii lith Ih lIla fH of 1 IInes i b theA the th S A iiller IP Her hanl banks to th lh luger en cen- cenIti liis I II Iti s 's II iti perhaps i t le rn in to somo some some- something 1 thing like lil c the h old 11 of som-I som r- r Tf ra I I f lilt Ing hIlls blIK to I be e paid pahl In lew ew CT ork ork draft dran drafts ewI I |