Show THE PRICE OF BUSINESS SPEED banking institute speaker says that bank failures followed business failures CHICAGO III many appear to think that failures allures occur only to banks but the tha complete story of 0 business shows that failures allures of 0 american banks have followed oll owed the failure allure of 0 business enterprises and have not been a causti cause of 0 those failures allures dr harold stonier national educational director of 0 the ilia american bankers association de blared in a recent address hero here before the american institute of 0 bunking banking it Is true that we have had more failures allures in our banks than in the banks of 0 a number of 0 other countries he be said aid it Is also true that we have had bad more failures fall in drug stores grocery stores railroads and in every other type ot of business enterprise at the same time ft t must be said that we still have left after all our failures allures more drug stores more grocery stores more mor railroads and more banks than any other country people do not realize he said that we have in excess of 0 banks which have been in existence over a century and ws we have more than 2000 banks banki which have been it ir existence over 60 50 years in other words we have more banks over LOD years of age than any other country we have more banks over so 60 years of 0 age than any country la in the tb w world orld he declared the american banking system has not fallen alien down it Is not in danger of 0 decay such fail allures as it has experienced are due to the price we pay for or too rapid development of 0 business enterprises but that li 16 the american spirit |