Show REOPENING EXPECTED NATION currency expansion planned instead of national scrip issue speedy legislation by the united states congress which convener convene thursday noon is expected to make possible the opening 0 banks all over the country az ac once according to authoritative dispatches carried in the daily papers paper pers this morning thursday thic thi is 13 interpreted to mean that banks bank will resume operations on frida friday of this week at the end of th the national four day bank holiday period declared by president roosevelt monday consideration for the issue of 0 a national scrip has been abandoned and new yorks plan to put ou a state scrip has been vetoed ky by the treasury utah had consider ed ad this plan also and it is generally understood that it is bitely dropped the banks in ahls state have been closed exactly one week the plan of action sa as announced includes currency expansion by increased issues of federal reserve notes congressional leaders who have been taking part in conferences strongly indicated thai tha no scrip would be issued and federal guarantee of bank deposits would not be included in the emergency legislation planned f for or thursday guy lewis james M peterson H B crandall and H roland local bankers all went to salt lake tuesday to attend a bankers conference and had not no returned thursday as aa this issue ot or the reaper went to press it is thought that they will have full details for the reopening of the banks when they return probably thursday evening business in the richfield stores is going on much the same a of usual most stores are accepting checks for the amount of the purchase but are not giving change for checks A spirit of confidence generally prevails in this community prices on grain metals metal and livestock have shown rapid advances As proof of the fact that belth neither this community nor the nation is bankrupt W K malicote 0 or the malicote motor co local fora dealers announced thursday morning that he had just closed deals on three new cars for cash and with no trade ins one of the cars was paid for in currency an and one of the others in U S treasury certificates which are the same as cash at this time |