Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-10-12
HISTORY OF SCOTCH
BANKING SYSTEM
K, Blythe of Union Bank of Scot.
land. Located at Glasgow, Reads
Paper at Bankers Convention.
DIFFERENT FROM AMERICAN.
Issuing Of pOnnd Notes q Distinctive
Feature Only Two Bank Failures
In Fifty Years,


,,...,..... 90 r..,t....,, all
""s''"'r'''' W." 49, '"''"''' 10 ''
directions around washington ana -
program OF oratory and business cone
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convention here today. After the scs-
sion I'm the Columbia theltr m tGo'
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,gg ~ 1Sr.",., ,n'.in,ilnn same V.rr
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tnn,'r g,n,. vi,nsss.I ia. svribitj,p
I'M NJ fno ~, ..,I,,, nv, Is,rt \r..r5 U'IUs
oths,'s .,,,lIaI rhr,,s.f,.ss or fg, man,
tn,,ris+ s,,,,,,,s i,,,',' ~ tb, rl1,,
,Tbs nrI,.r,,, ,c tho Sn,,.1ii,p t,5,,.
,nlii,jd5 nrs, .ii..,,ssj,,. ~ ,,.,'.,f
r'1 h,nlr,o ,,,,sti,ns h,. r,, .',,,..,.
Inp ~. ,i,gorysin,, ,,s fir,itn5 T.,
RI n,ip,,fes nd sras.bey f., NV, min
utae pr,r T,so,E irr.ogr r,bnsar
Isan of tho ~. WA. ,t,.,,.f,,, s,t,,,i
ar commerce .,rcnrn,s AMI - moo toIl
The convsnlla5 NJ tbe ,dv,nt,go NJ
r5,rrner,i,l ...i,,.,tl,r
An int.rsstir,, bisfn,,. or tina e.,t,,
eystens nr h,1,i,inc w.3. rrn'ortoI ~
tba rop,,pti,,, Lv D,I,or, T1,,h. ,,,,.
oval r,an,,o,. az ,hn t,,l,,, h,,I ~
srotIand loC1tcd M cl,sgnV' ,rbe Nrst
Scotch hanl was ast,bIisbaa in tGo-
'roloy. tha,.e oro bpt IN b,nl,, a., cont.
lind sa,en doing rirc-tentbs ~ no
hrsinagg TN "Sioc ,I,o,.,,,.,is,ti, ~
tha scotch evston is th" rigbt ~ tbs
hanks to iss1e tho ono n,,,n9d note "s
ne rssnr nS rbicb S G, DI"a nGos w.
dav her manor rrrrnnr,. ,in,ost ~ tbo
avclraIon M r,at,'I c,,rr,,n,. ui, ,io ,%a
| reverse is trua In Enpi,rJ Nv plv'ho
maintained tb,, r. ,E,.s tro mn, ,orr1
note MAJ anabIn5 hs network ~
branch hunks q, no p,oirt,inod g., scot-
land. ana INA. .nr,u,.lgal tba gs,i,os
of tbc noore, .i1es., UrItb ,,, tS,,a
fish Ave no,,na nnros ana ,o,. ,,,.t,i '',,e
yancv. no sa{d tha.a br,,rb h.rus
could NOT boye heo, ,,aInts',,,5
cauye az Tho prohibit,,.n a,s, NJ,
aggregate drnoejts ~ th, IN so,.,h
hanks rcach t,On 0oo ooo
Another dlstinctiv. s.g,,r, 81 ,h,
Scotch evsten, ~, ~ '',mt % l',1
count wherein trodor o,
| manufacturer ia cnatIoJ 90 ,,o,
| row from tho h,'ni,s ,,,,,,',,.'.,I,.
| by executing "a bond to ,,bIcb he ysis
| ;be slpnatUts ~ two or moro frio,,5,
! along with Ria o,,n rbo bo,,i, .r
! cents ,he bonds ana bouors checks 1,,
! 10 the amount named I'm II obvlotin,,
! the plcdrinp OF seruitias Tnts,"st T.,
| NOT CHARGED ovcnnt or tho ,,,,r,,t
| drawn. Tho uniform iutsreet d,sro,,5t
and comnlssiou rbaroed bv The IN
| scotch banks is q dtstinctive fsat,,ra
| During tha last bglf r,nt,tr,, thore ba,.
| been but two hnnk roiiuyos in Scot-
| land
| AIR Walxar um rroeldo,, az t,o
| Nccbaulrs- American Nationoi borl ~
| 81 Touis delivero5 an ,,lIr,se ~, 9TH,
| Benedts Of lTen,bcrsbin en- tho Ame,5-
| cam Raul,ers Aeeori.tion %
| Walker IIiu I'm bis eddrcss d said.
| al tho ye,,, boe,irrlrc ~ dc c,ro.,.
! this assnciatio,, sat hefnro itsaif lie
| and natrintic n,,rnoso ana frnr, No.
| dnv 10 tnie n dsd h,5,. VA ~, -,
| hrs ns tndividuois 49, ,,i,,n,, ,r.al,,
| IN Tho oovern,,ent ,aiuatio osslst,,,,3
| In cs,r,,In, o,,t o,,a,.,, e,,a,,i.i ,,,g,,,,,,
| Witch ibn oo,.or,,,o,,t Sc ,,,,,tnr,ai.,
| f,,doI,t "a ,,'t'ti ~ 80, - 10
| me- as,oniatjl,, I,s IL, W. tI.
| thorities oeiciaii,, ,har,'oi Mi, ua
| TnonSi.l i,''Drsstg ~, 49,, o',,,,.,, IVY,
| b.on N,rt n,,t, fra,,,,nt ,I H.,
| M a, ,,,o,,,. t,t,,t,l,. , y, S,,D
bas No., a. t,,'t ~.
~ ~ iC'liS nun ~ tol'
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"'iu ooi 81 .''". WV. "ou'u nv
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lnelt utc l't, Il al!!' olugr sliIlllar
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