davidaulloa/AmericanStories huggingface dataset:
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
PLAYGROUND WILL
CLOSE SEASON
SATURDAY
All The Children viii Be Given
A 10y Ride
PROGRAM or ATHLETICS
The Closing Feature viii Be Bate
Ball Game Between Business
and Professional Men.

play festival under the manage.
ment of the playground will be held
on the Playground. Saturday, Aug
%, the closing day.
Special events for all ages and
sizes will be held. Miss Catherine
NJ. Combs, director of the play
ground will be in charge.
Az 1880 in the morning. there will
be real 10y ride for all the chill
dren The management intends to
secure every machine in the com
munity wherever Il is cOnvenien. 4,
and these who have already gener-
ously responded are Mrs. s. Huling
biackmer, W H. Bradford. Mrs K.
4. Curtis. j. c. Colgate. Joseph Carr
eau. H. b. Huling Guy b. Johnson.
Miss Eunioe Lyons John Nash, Dr.
+. $. Pratt. b. A. Quinlan, Rev. f. f.
Turner. Many additional names are
held for a definite answer.
The procession will start from the
playground passing through the vii
lage and out the SALISBURY road
via North Remington and return
The afternoon program Will he de-
voted to athletics. yelling Thatcher
viii conduct special events in track
and field athletics for boys Six
teen years is the age limit for en-
trance In the above events. At the
same time the girls Will contest for
the vulley ball championship.
Last. bul not least, viii be the
base bali game between the profess
SIGNAL and business men OF the 'com-
muniiy. Suitable prizes viii be
awarded in all events
The program
Morning
1890 a. m. Joy-ride for all play
ground children,
Afternoon
La p. m, runnins broad irmp.
|. Juniors under 95 IBIS
= Juniors under ll5, lbs.
.. Seniors over li5 lbs
Each boy given two trials.
ESQ p. nj. running high jump.
!. Juniors under 20 lbs.
.. Juniors Under rs Tbs
3, Seniors over rs lbs.
Two trials.
230 p. m 60 yd dash.
Glasses same
300 D. M 800 yd. relay
Classes same four boys in each
team, each 10y running IS yd
1871 y. m. VoIley ball.
lligh school VS. Recreation.
Playground VS. NJ Slattery's.
2:3D D. m. Vclley ball
Winners of first mach vs. winners
q End match for championship.
700 D. IN. Base ball.
Professional men w. Business
men.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
Estate Of Edna Clark

OtTATEOF VERMONT. The Honor
- District oi Bennington. S. = able l'rulmie
Cont for the Distract Of Bennington
20 nll persons interested in the estate 81
Ilna ozark, late Of bennington. in said district
deceased GREETING:
At Probate Court, holden ~ bennington
within and for said District on tie 18th day 90
August. lgiA. 81 instrument puipnriinE 20 u
the last VIII and testam ent ut Edna CARA
ate uf Bennington. IN suii District. dccee ss-i.
was pre cnied 20 tie Court aiottsaid. Lnr Ffo-
bale
AMI t Is ur,iere,i ~ sail Court thst the istn
day of September. l9i az tho Probate nnice ~
said leuninFfon. he assigned Tor proving said
instrument; and that NOTICE iheie 4 u given o.
al per~un- cuuccrued. hv piih ishing this order
thu-e weeks successif-lN u the BENNINGTON
Evening Bsnuer. newspaper circulating 20
that Vielnity IN said District. previous 90 the
lime anruintrd.
THEREfOliE. yUil are hereis uotiied q 10
pear before saiI Court. a. she time and p.a.c
o -nrtsaii aud cnnfasi the probate % sal viii
Do goa have Causc-
Given uuier ms hand cd bloomington iu siii
Iisfrirl this isft day 90 Augu-f. itit
AMY ~. HAninuE. Register.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
TO AID THE FARMERS
Agricultural Extenton at State Uni
Versity.

The Vermont Agricultural EXen-
ton Service, indugurated by the
last legislature, will start in full op
Grafton early this fall. The trus-
tees Of The State University have
just secured the services OF Thomas
Brldlee to be director of this service
Mr. Bradiee was graduated some
time ago from the College of Agri.
culture Of Cornell University. is one
of The finest produces Of this mstitu-
ton; rated by Dean Bailey as emil
nenHy fitted for this line Of work.
For some years he has been one OF
the Institutional staff of the Smith
Agricultural School aC Northampton
Mass, and has had much to do with
extension work
In the prolonged and careful search
made by the university authorities,
seeking the right man TOM this po-
sltiOn, his name was repeatedly men
tened as being that OF one who was
worth locking up DR. Bailey OF
Cornell spoke enthusiastically of him
l.. G. Dodge, the governments Farm
Management Expert for New Eng
land, rated him very highly, and Di-
rector W. p. llurd of the Mass Blk
tension Service tried hard to get
him to accept a position upon his own
staff as his first assistant There
seems every reason 10 believe ,hal
Mr. Bradlee's services will be of
marked advantage 10 the state. He
enters upon his new duties Septem
bei LIST.
The most noteworthy recent deyel-
opment in agricultural college effort
IS the growth OF ,he eXten,iDn idea
Extension work comprises all these
activities that are net OF academic
Kind and that aim to reach the peo-
pie and their problems in the places
where the problems are It is con
Quoted mostly away from he ins,-
tuition, hence the name, Extension.
The director Of extension work
will be at The service of people in
rural communities and will have
manifold duties ia perform, lie may
inspect dairies. orchards. farm
crops he may cunduc, dem0ns,rat-
len work relating to seed selection
fertilization OF Soils, crop rotation,
pruning and spraying Of orchards,
the renovation Of pastures, he may
make exhibits at county and state
fairs, illustrating good methods and
far-reachiag principles; he may
carry on correspondence wi,h far.
mers. and farmers wives, and he
may prescribe reading courses for
the pleasure and profit and instrn~
lion OF all who live in the open
country All these phases of exteh.
sion work the director may take up
in so far as time and means permit
1t is thus seen that extension work
is welfare work. II aims to contri.
butte 20 the well-being of people in
rural communities, OF which there
are many in Vermont. The extern.
sion enterprise of the College of Ag-
riculture is but part OF larger
humanitarian and brotherhood move
ment Agricultural extension stands
for the rural side of all effort for gen
eral belterment
The country life movement is the
working out Of the desire to make
ciyilalion as effective and satisfying
as other civilization. II is to even
mp society. as between country and
city. Agricultural extension viii
contribute To this end
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
LOCAL OVERFLOW


Miss Mary Shaw of Old Bennine.
ton is visiting In WilAamstown to-
day
Eorn Tuesday evening a son to
Mr. and Mrs. Burton e. Howard Of
Branch street.
Mrs. p S. Gcdley of Fitchburg,
Mass. is visiting her sister, Mrs.
James Lyons.
Mrs Frank Evans and daughters
have returned from several weeks
visit In Rutland
Mr. and Mrs. George Aldrich and
Miss Fannie Aldrich are attending
the Cambridge fair today.
Frank Carol OF the BENNINGTON
baseball team has returned from a
visit at his home in Troy.
Mrs Doner Austin OF Elizabeth.
n. j., sister Of Assistant postmas
ter, H. f Robinson. is a guest of
Mrs. Charles f. Wells of Old Ben.
ningtcn.
Miss Esther Merrill OF Old Ben
ninston lett this morning for visit
to Mrs. Sidney Thaxter Of Portland.
Me- formerly Miss Phyllis Schuyler
o. Bennington.
George Z. Hathaway returned to-
day 10 his home in Waterford. N.
Y. after having passed several
months here with his aunt. Mrs. B.
G. Sladc.
Richard s. Bahan organist at the
Pilgrimage church at Cleveland. o.,
who Is passing vacation at his fol
mer home here. will officiate at the
organ of the Old First church Sun
day morning
Bennisnton will play the Mahawk
Giants al Morgan Park Friday after.
noon The team win play the Giants
At Schenectady Thursday The Fow.
Ter park game will be with the Pitts.
Held team ca the Eastern league.
Miss Marcia Carpenter of Ben.
ninstcn. Miss Isabelle Lusty of Troy
and Miss Margaret Pritcherd Of
North Adams VII sail September 6
for Europe. Miss Lusty and Miss
Prltchard viii remain abroad a year
TO study art Miss Carpenter will
return in INC early fall
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
TIE PlAYGRouNp

Miss Combs will give oUt The
tickets Thursday afternoon for the
automobile ride on closing day 10 all
playground children.
Thursday evening there viii be
practice games in vollcy bah be
tween the different teams Each OF
The four teams have splendid mater
ial and the championship viii not be-
earned easily.
Provided the Evening Banner wins
their 9Th game they will be- the
guests OF Mgr John Hartc. Library
theatre. at the Friday afternoon per
iCrinancC.
The batting averages of The lead
ing slugeers will appear q the close
OF The league games and dollar aud
. quarter league ball donated by
Joseph Evans will be given To the
boy who leads the lisr
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
NOR sALE--Farm of 80 acres. located

NOR SALE--Farm of 80 acres, located
miles from Bennington on good road. an
unusually good hnuSe. painted white with
porch in front, with splendid cellar, barn i6x
40 with basement. runniHg water in barn and
barn yarl horse barn. corn house. hog hou'e
aud sugar honse, nice sugar orchard, apple
orchard. wood lot with. abundance of fire wood
and saving timber, enough for repairs when
needed = 3 at land tillahle and can all be ma
chnie worked, splendid pasture with large
spring stream running through, stream Is
iuclude established cutter route. good bOrses.
IL cows. buii, 10 sheep, lambs hogs and
fine large assortment OF tools that are nearly
all new. aud hll crops, this plnrs sets back IL
bout 100 feet from road Oh nice elevation,
would make an ideal place for 1t gen,ena
farmer and will produce enough 10 show a
yood income every year. Price $500 Mash
& Au.chins. GIT
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
Reereatlon Leaaue slandIna ot
TURKEY MUST OBEY
Powers Will obHge Her 70 Respect
The treaty OF Lcndon.

Sofia. Bulgaria. Aug. la.-Thc nnl
cariln government was informed I'D.
day ihat the European noUo-s are
considering measures fo romrei
Turkey 20 respect tho treafN cd
London
DDS Information produced ra9-
surfing effect in political circles
Vienna. Aus ria. Ana % Tho
Forernmcnis or Europe. 60 became
known here today are n-en1rin-
io make Representations fn Trrt..,
AGAINST ihe further adtlne. sf h.r
troops in Thrlce.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
SOME RICH PRIZES
Offered TO the Star Players in sat
urdays Game.

urdays Game.
II may be that there is someone in
town who does not~lntend 10 be
present at the ball game between
the Business men and the Profess
ional men next Saturday afternoon
on the Playground Il may be that
there is such q person, but if there
is. he If so ashamed of il that he
dare not express his decision pub
licly.
Why. even W. H.. Berry. proprietor
of the Walloemsac Inn. who hasn't
seen ball game for over 80 years,
has secured seat on the roof of
Grin W. Davis house where he can
see every play and be safe from any
Wild throws which may emanate
from any of The over-excited play
ersa
The base han 10 he used in tie
game Is TO be furnished ~~Ay former
Governor John G. Mccullough and
viii 30 30 the winning team This
bali has been made especially for
the occasion by a new process un-
der the direct supervision cf the
governor and it is so constructed
that every bali pitched will be a
strike and every hi viii De a home
run--unless the umpire rules dh
ferently.
In order that the defeated team
may not suffer too keenly from the
pangs OF defeat our Village Presi-
dent. d. A. ward. has given gal
Ion bottle Of liniment to be rubbed
into their lacerated feelings al the
close OF the game
Harry Willoughby is Offering a low
ING cup 10 the member OF eithor
team who makes Tho most errors.
MIR. Willoughby says that so far as
he is aware, II has been the custom
heretofore TO give a lcving cup and
let the recipient hustle for SEINE
thing 70 put in.o H. but he intends
to smash that custom to smHher-
Gems. for Inc viii have on the
grounds the various Alpha water
beverages fer which his store *
noted AMI all the members of bell
teams will be welcome to partake OF
these. long and frequently. a, any
time during the game without money
and without price
VI there is anything that diseusls
The spectator. thinks J. r.. Gibson. Is
is the long hits which make the
iielders chase all over the lo, for the
ball and delay the game while The
batter runs around the bases. He
intends To- have none Of that in this
game II he can help il and has offer
cd ~ lbs of ginger 20 be given 20
the player who strikes on. the great
est number % times and Do any one
strikes out every time az hat
pound OF salt Goldfish Will be- added
to tie ginger
Harry J. Cole has Just imported
frcm l.Cndrn the latest style fan hat
and hc offers this hat 40 the nlaver
who makes The most graceful an-
pearance cn the field Three Of our
leading ladies' have kindly consen..
cd 90 act rs judges bar do no. wish
their names known
AT OF these prizes will be- On OK.
hihiiiun ia Griswold's Winltr the
rest Of the week.
n there Is any business or pro-
fessionsl man in town who is NOT
already in The running Tor any or
all of fhese prizes. De can hand big
name either % p D.. Battles or fo
Dr q. w. Ross.
All entries must be in before 4 e..
clock Saturday morning n ans one
in town wishca to offer o.her PRICE
ihsy are Al liberty % DO SO by send
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

ing the prize to Griswcld's.
DR. Ross, captain OF the Profesh
team has rented che OF Jared How.
ards old 0x-muzzles and will wear
1t behind the bat as a mask. lie
couldn't get one OF the ordinary kind
on over his ears. He IL also having
one OF the mud-guards taken off hie
auto 10 use as chest protector
The Cradle Rel team OF The
Methodist Sunday school will on Sat.
nrday evening issue challenge to
The winners 10 play a series OF three
cames Tor a bottle OF soothing syrup
There Is sCme trouble over the
selection CT The umpire fer Satur.
day game. DR. Ross wanter Or
Cook while Frank Battles in.
ris'ed on having Thendore Roose
welt After they had quarreled over
IL Miss Combs was asked 10 decide.
She discarded both candidate ana
Is nov hesiiatlng between Cav Sing
ana Emory Harris whom she cnnsid
ers equally well qualified.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
MIR. NICHOLS FUNERAL
Was Largely Attended Yesterday
From His Late Home.

The funeral OF the late +. l.. Mic.
hcls was held from the home Tues.
dag M 3 O'Clock. Rev VIM. p
Meyer OF the First Blptist church Of
related and was assisted by Rev. A.
$. Davis. Mrs D.. 4. BATTLES saue
One Swee.iy Solemn Thought
The bearers were from the dea-
cons of The church and tie older
merchants %. ". Myers. 4. r..
Loomis. J. =. Gibson. J. %. Burt. 4.
y. Patterson aud W. %. sheldon
Tie floral pieces were many aud
beautiful showing the high esteem
~ his numerous friends.
THE inierment vas iu the family
ioi 80 old bennington Those pres.
EN- from uui Of town were a. j.
Nichols of Brooklyn. Mr. and Mr.
i. o. ifon cf colchester. Airs D..
y. faiurr and Ali4s NJ D.. Palmer OF
ITcCaiEn.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
Warm Weather Hints.

During The heat of summer, keep
your stomach and bowels regulated
by using Baxter's Mandrake Bitters,
a gentle laxative tonic. and ward Of
diseases Incident TO the season.
sold everywhere liquid or tablets.
20 cents
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
ALAeKAN STEAMER LOST
Thirty TWO OF Passengers and Crew
Were Drowned

Juneau. Alaska. Aug. 1S.-At least
twenty-five passengers and seven
members of the crew Of 1he Pacific
Coast Steamship Company steamer
Stale of California persisted SUNDAY
morning in Gambler Bay. ninety
miles south Of Juneau when the
vessel struck an uncharted rock and
sank in three minutes. Many OF The
drowned passengers were imprisnn
ed in their etatcrOoms ANA had no
chance 20 escacpc.
The steamship LEFT Seattle Wed
nesday night for SkaGway and Way
points. The pursor lost all OF his
records, ana IL is NOT possible 10 give
u complete list of the missing.
The minjured survivors. crew and
passengers ara being taken ia Seat
Tie on the steamer Jefferson and viii
arrive there on Thursday
A great hole was torn in the bot
tenn ol the Stale of California when
She struck the rock The vessel and
cargo. mail. and express are total
less. The shin was valued al 500.
Ubn
Tive steamship Jefferson OF The
Alaska Steamship Line. south bound.
heard the wireless call of the sink.
ing vessel and turned bacl, TO res.
cue the survivors. who had taken 10
small beats and life RATS. Ten Of
me passengers had suffered so
severely from exposure that il was
necessary 10 take them ia a hospital
IN juneau FOR treatment
Nl1S. T.. ID. Bennett OF Bennington
and her son Robert u Maitison OF
seattle were passenger ON Another
steamer of the same line which left
seattle last saturday Tor Juneau and
Skagway.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

Stolen bases. Shaw .. Hewitt Nc
Guire2. Hurley 3. Waite Gold. Arm
strong 2. and Grafton. struck ont by
Crawford ). by iieNlti =: bases on
balls by Hewitt e. by Crawford 3:
hit hy pitched ball. Miller. ien ON
ha.rs Easi End q. All-Snrs y: um.
rirc. John Cronin.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
ROAD NOTES

Simeon Dean has begun work on
the White Creek road. The CLAW
hill Is beine drained by having a
stone hii pui in ami this dreaded
spot vii seen be . thing o. the past.
Road work Is now in progress in
huperi. lorsef Peru. Landerove
Winhall Manchester. sandeate. Ar.
hngiCn Shafis6ury. Wooifor5
aeais5urg. Powaal. Stamford ana
kealstCrt.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
AL STARS WON AGAIN
East End Defeated Tuesday After.
noon by Score of u to

The East End team was hopeless.
ly defeated al the playground by the
All.S,ats Tuesday afternoon By a
score Of - TO l. Crawford. who
pitched Tor me East End pitched
good ball and il was his poor sup
pom mat lost the game The score
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

lIOR SALE-Gj l-2 acres good tillable land
and pasture. located miles from BenninR
ton Village on g1od road. la'ge barn with
basement and running water, Price siAW
Nash fiuichliis. 62tl
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

ESoR SALE Nearly new room house. with
a CIV water. lot BGx33G, fee gar len c0nsi-
de rahe fruit, hen house an yard, this proper
ty IL within easy walgirg distance nf Shopsand
Minis. Price 1920, $500 Cash. Mash Hntchins
eff
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

LOW PRICED ADVERTISING

-Four lines in This column 25c for
one time, 5uc per week and SIZE per
month.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

FOR SALE The Farm known as the Clark
j. Houehton farm, miles from Village OF
Hrnnlnston consisting of flonse and Barn aud
~ acres o land, eau be bought ON easy teens
Price az a, Nash & Hutchins C3tf
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

FOR SALE RnilIine Lots on North, Depot,
Siive and scott Streets. Prices on nppi-
e alton. Mash & Hutcbins. b!tf
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

y7OR SALE--Woo Lot OF 500 acrts, miles
fiom Rennlngt0n. estimated 10 cut mil.
lion feet. about 10 Spruce ant BaSaul. balance
mostly birch. Price 5000. Nash & Hutchins.
en-
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
WEATHER FORECAST
Probabilities for This Section for the
NeNt - Hour

For western New York and eastern
vermont fair tonight. Thursday
fair warmer north and middle nor
fi1n.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
FOR SALE

For SALE Uuadiih Silus Reht prices
L An Hikes All NOods rnpec blower ens
I4ge cutters that will run with IL. +. up. One
& H. f. Badger gasoline engine In stock. noun
ted f.. s. Morrison. Telephone, 35M Gltf
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

FOR SALE will sell at private SAL on
Aug. 2ith. cath Ond 21th from 10 y. NJ.
at.my resilence III SILVER street. som OF my
q tG'
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

For SALE-A Paid mp Course in the litter
national Correspondence school. Inquire
at Banner Once. i3tt
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

ISOR SALE Dirt from the post Office lot.
John Mebber. 3,lt
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20

fN'O RENT-Thpc of the most desirable OF
fees In town. one on second floor AMI
iwu un thur door of savings liank iiuiding.
G. Il Dewey. treasurer. i7tf
rE'O lsENT go Desirable teneIhbnts. offices,
u stores. mill property with water lower.
Individual storage lockers. Estate of VIM. x.
Hawks. 2B North ~. ahtf
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-08-20
TO rENT.

S,o RENT a Poplc Scdge camp Hedges
= Lake. n reduction ut t2.Ol n week ou cot.
thses during TIE month of September. All.
Dire IS q. u. Ulcyeand, Il. u. No. /. Cambridge,
NY 53ti2'
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-22
WHY BANKERS DO NOT LIKE THE BILL

They like because the bill substitutes great PUBLIC
RESERVOIRS OF CREDIT in place of the great PRIVATE
RESERVOIRS OF CREDIT managed by private bankers
Under the present system small bank needing currency a
plies Correspondent. big bank in the reserve
In return for this accommodations the small bank keeps
at all times part of its reserves in the big bank
The present law operates in this way Under existing bank
there only three central Reserve Cities in the United
States These New York. Chicago and St Louis.
Next these central Reserve Cities the National act
the next largest cities the Re
Cities The law requires all banks Reserve keep
nomny hand III all times onequarer the total
of their deposits But the law permits bank in
Reserve City send onealf of total the
central Reserve Cities special deposit and still count this
special deposit part Of its exactly cash
ii its VAULTS.
1t is this system. which has gradually grown up under
avorng larger national banks that six or eight banks
New York and Chicago control large part bank
of the entire country that they practically the
credit situation
fund which furnishes constant mel for the revcred
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-22
HOW THESE OBJECTS ARE TO BE
ATTAINED

To provide for additional currency and gradually to replace
the than $7O0O00O Of national bank nVes crua
the Government proposes establish twelve Reserve Banks
These will additional of currency obligations
of the United States payable in gold lawful money in
change of merchants manufacturers and trademen
The Reserve Banks will also hold large part of the of
national banks will redscount the commercial paper of the
individual banks and fix the of discount interest to be
charged for such rcdiScoms
But the Federal Reserve Banks expressly forbidden
rcdco notes based upon stock and bond transactions
Wall Street collateral
This system will supply the ordinary needs of trade 1t will
encourage industry 1t will facilitate legitimate business by
ing the of discount stable 1t will greatly facilitate the
of the crops by temporary increase iii the volume of
currency pay for them without disturbing the money
industrial centerS.
The Federal Reserve Banks be captazedn this way:
The 7473 national banks many enter the new
system and many of the $4,000 other banks
pancs apply for national charters, will each pay the
Reserve Banks 10 per cent of such banks paid up capital In
addition each bank will be required to keep the Reserve Bank
of its district a small percentage of its deposits.