Show z FOR I 1 BANKERS tl i 11 f 1 I 1 4 A new which will hoon y on i he lie introduced I 1 RELl TIft TO J I 1 rif 41 I 1 I 1 i t to degar bink g forwell schools I 1 0 HT W wt u pros to 1 it bulted de dec 7 senator ril 11 m will ill introduce an noon wi tile lie col im ittzes are formed a bill to pr p r patu ito the national biking sy stoin as provided provi Jad tor for by tilt 3 ieli tf the re mod MA lumia lumi ane a and PL Is tie to the bill provia hat any banninga tM fike flits be beian organ organized izod or may hereafter bs big under rail lissay 1111 in in lieu of registered i bonds of th tin united lo 10 th the atres treasurer of tile united bulei i any bbate or bonds on oil any first inert nage gage railroad bond bonds of tle tile united states upon it aich interest int orest haa hei been promptly pa id 1 and lioio market ur or CAS if 1 value 1 is ie equal to or greater than their par alue value bearing interest inte reet at not loca less than 4 1 ier r cant cent tho the pro inions 1 of tho the stute will be applicable to these the aln as lo 10 U S hoods provided Ir ovide ry batall not recene receive buch state or I 1 pai 1 bond bonds at more than titan 75 pr per cent of f their ulue value or railroad bouda bonds at if tom titan 50 per cent of their par liar value ile 1 rhall hall not receive paid 1 riAl road bond bonds in amounts of more nhsin 00 OO ione none of these bonds bo be received by him until approved app lv by the comptroller of tho the currency Curro nr and anti the sec retard of tile treasury when any una 10 I 1 have det dot sift nuh I 1 I 1 bond londi i tto circulation inay a I 1 iw I 1 issow I 1 but only received in in ivey pro proportion orf ion at bull tit they e y are rece the notes iwed anti 1 secured by akem dball 1 not lot purport to be lye aured by unite staten bonds but shall express on olt their raw td e that they aro are it by collateral collator 1 I 1 I 1 son ils apy a nw in to ex itt dec ak ashing to de depolite bond ili in lieu of the united awa o 0 may do to eo so and nd the of the sury cile t tha cort of the tile change and new dow 1 and airs rhe tile hill aw ni provides das for lar tile ament of pf section of the rev rot as follow frullo s whenever die the comptroller becomes matis satisfied fied any a 11 had 11 refue refu le e I lr 0 0 pi e he may nj iq 1 eti 1 f va ita its bonds cansle ro so moui of theta wis ty t ny y ix a to missal elio OuK anding to be eold sold at public auction in in now ow york after thirty daye days notice it otice or he lie MAV proceed prof eed ili the proper court to collea colle t such bonds fast as they iva turo 1 or any deficiency in n tha tile lr eirv lead st t all bonde tt lien thus eold wild or the united states shall have lian upon all the cioll as eap 1 |