Article Text
assurance to every be resume banksoon possible under the the decree, trust that normal banking business can be short the benefit cerned. Our banks Cincinnati very fine condition, and with the cooperation of depositors am the whole situation can be satisfaccleared Edwards, President of the Trust Company: "In my opinion, President's will enable the and the nation large catch and prepare plan on business. great faith in the integrity of Mr. people should full cooperation ment's The Cincinnati due the exerted feel assured that the banks here good shape, and with functioning well-ordered national plan, for an early resumption banking normal basis. The necessary thing for every one do is keep his feet the ground." Mayor Russell Wilson: "President sumed has become the Chief the banks of the United States. Under the plan of the Administration, understand it, will sufficient currency issued the form of Clearing House certificates enable business proceed. Thus currency in effect circulation deposits The emergency been ask the citizens of Cincinnati to with the President Dykstra, City city on usual We the in any tion.' The First National Bank joined the scrip plan Under the plan would issued against the per withdrawal adopted association. The other clearing house banks the Second National, the Atlas National, the Lincoln National, Central Trust, Fifth Third ion Trust, the Provident Savings Bank and Trust the Western Trust Company Bankers Covington, Ludlow and Latonia, Ky. meeting yesteragreed proceed on the plan adopted by the Clearing House represented National, Central Bank and Trust Covington Trust Banking Company, First National Bank Trust Peoples Liberty Bank and Trust Company and the Security Savings Bank, First National Bank Latonia the First Na. tional Bank of The by the CincinHouse Association placed effect, subject now disposition the Secretary of the Treasury, comprises issuance of house certificates, effect cashier's checks, the individual banks, in $5 and $10. These certificates, various colors for the different denominations, have been pro-rated among the member banks, for which the banks collateral with Clearing House. The certificates are fully negostores, and effect currency going banks, make of per the and scrip, all ordinary the same cash. Backing business houses, manufacturing and stores the obtained the Clearing House, and with the expected Government the banks here will quickly and scrip certificates placed in circulation.