Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1914-01-09

WILLIAM a. M'AOOO.
cen'ers throughout the country will be
carefully considered
The only cities IN which the capital
and surplus or nationnl banks are IN
excess of S2o,Ooo.NN, with the approx,.
mate capital and surplua uf such banks
located IN them, are these
Roa,nn, over Sio,Ots.ON: New York
city, over S2in.0OO WN; Philadelphia.
over S6a,MN, 900. Pittsburgh, over S3,,.
NNNo0N, Chicago, over SM>.ONN.O 900, st.
Louis, over %l2 ,sN. 900, aud San Fran.
cisco, over $t,tNO,t NM.
Philadelphia Ia a strUus candidate for
Selection IA n rcsiona, reserve city.
Many western men have ccntcnded
that there should I've two regional
ci'es ON the Pacific coast San Fran.
cisco would undoubtedly I've one VI
them. hut there would I've keen rival
~ between Portland and Seattle 9th
era believe that minneapolis or st
caut should I've chosen IN a regional
center to accommodate the region I've.
tween chicago and the Pacific coast.
Leading Bankers Opinions,
Now that the new system Ia a fact.
state and national bankers are not dis.
posed ~ I've too critical Orinicns Of
men IN various parts " the country
are given herewith.
Paul N Warhurs W kuhn, Loeb \
co. New Work..
There cannot I've any doubt that the EN-
setment ~ this Hesitation viii ,nauN,,-
rn'e n new era IN the history " banking
IN the United States, While e IL 10 se
resrested that some important suggestions
made Ivy che business .>,nuunity could
not he adopted. the fundamental thoughts,
ccr The victory or which SOME ~ us have
w,,tkssi for ~ many wears have won out
tina, ia 81 say. from now IN We shall Wit
ness the gradual elimination ~ the bond
secured currency. ~ scattered reserves
~ ,nmohiiigei c,n,meNtal paper ana "
rNrani'd'ns ~ csll loans ~ The Stock EN-
change The ship Is headed r,sht ana
nothing viii ever turn her back into her
nla coatxe
Charles Sm'ihcrs " +. :. SmstAers
\ co. New Work:
We shah heNceI.>r;h be ehie 20 finance
hur ,NNNmefNisl operations without re
course a. s,i,h larse amount ,M actual
BANKING capita, az Was neceSSar, before
Il wlO Re zone IN ,Ie,iit backed by the
n1ohljr"s power ~ she entire banking re
s'ul,'es ~ the lEf1ites States THIS IS so
ms u release NNse sutls ~ caNitsi witch
VIII undoubtedly be enacl.,Nss in further
deNe owns the splendid reS,Nrces IL this
N'UnON
Newton y Aims. vice prcS'ien; ~
the National Nassau bank. New \ork:
~ ,Ne rorreo,, changes the most ir,.
ror9sn, is thst sfcNr,ins sNe reserves
FNr snN orc to Nronhesy fuss What rexul;
This changed rc0Nner1ens r. ssslns t. have
M any Nne vNN;j, ST snN ane time w'suld
he rIyNSunN Ntion Sat after c,sasshera.
ne jsel'',>S ~ adjustment ara rs-estNN-
NShment ~ relsjjans US general erect
should 10 beneficial al ever sNs country.
George II Prince, chairman 81 the
board ~ directors ~ the Merchants
National bank II 81 raul. Mimi
wN1e tNc ON Sc s.>,s nne. II "a.
man, ,lotc,Nss chat VIII have t., ~ renae
d'cd u WI tske 81 tesst wear to make
the ,-,ifv'enSy fs~ w>rse hle sr6 thnrcnsN-
y undetStA,>d l>uvins thst time Soro,,c
htelN ~ reason cor sny secsaus cnsns.
or 6tl seSsien
Ndmund u Hulhett, wee president
a. ths Merchants Loan ana 1,'aSi GOA,
nsRy. Chicago
~ coarse erarn ere viewpoint ., tn.
Hsnkcrs che unessure Contains rosny %
fashionable e@stures but On tire whala Il
is = soon6 hil snd ~tl 20 mach toward
puttus AankinN ard currer1, on 4 firfn
trHtin,
John & Mif>AeH, president .; the
Newer Nsuoasl hsnA
should rs, thst the rev Isw ;. 50 ree
cert sHod, though I az No, ehtliseIy ss'ree
~ith some q sts r,>Avisian~ X 81 Is csr'-
t''cS cui s,>>ordins q Sc terms v's shah
never have srotNer csntS
Thomas a We>t. chairman az the
81, nuis Union Trust comrsny;
hsve fsitN IN tNe r4essu-e. sn& ~hp.
Z may rot Ne nertsNct Il rsn resdiI, he
rhsn,;,d "a conform 60 ueforeseen sanSl.-
e'cns a'eer enc ~corssnIgs ttcn
T. q. Warts president az the Third
National bank. ST. Isouis
I Neltsvs fhs changes N T,,e senate hss-s
sef~r,>6 70 rnSke She SiH vev, superior "a
she form IN whlsh z cSs~N6 Sf,e house Z
think z Sc workable hN snd contains
81 ire e~sengislS a. $ rc>d es nkins snS
CURRENCY measure
Robert E Maaaon, nressaen, OK she
Apertrsn National bank az ALBANIA.
Ga:
g'he purpose az the Dir &c mobilize che