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Show HUERTA DECREES HQLIDAYFOR BANKS 'ROVISIONAL PRESIDENT PUTS IN OPERATION PLAN TO PREVENT PRE-VENT RUN ON BANKS. Financial Institution of Mexico Will Not Be Compelled to Pay Depositors Deposit-ors Until After the First of January. Mexico City. By a presidential de-:ree, de-:ree, issued Monday aftei'noon, every lay until the end of the present year s made a legal holiday in order to ;heck the run on the banks here, particularly par-ticularly that on the Bank of London Lon-don and Mexico. On the promulgation of this decree :he Bank of London and Mexico opeu-2d opeu-2d its doors, but refrained from paying pay-ing deposits. Provisional President Huerta says In the decree that he deems such action ac-tion necessary to protect the banks until public confidence is more nearly near-ly restored. By the decree the banks are absolved from meeting any obligation obli-gation until January 2. It applies to all banking houses, whether banks of isnue or not. With the exception of the Bank of London and Maxlco and the Central bank, none has yet taken idvantage of the decree and business at the other institutions is being conducted con-ducted as usual. |