Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-19
-Four Hundred and Fifty Bankers of State at
Great Rally Banquet to Boost Gate City for
Center Of Federal Regional Reserve District.

-
-, - -, .'I, -, $50,
W '''' u'7'' ~ VIZ "e 'o'a'eu' III
othor cities there VIII be established
branches Of the reserve bank Every
national hank in tho distric, is p.
-. - ...t..-,, -
t 49," W su',o'ii ,, per tent " ~,
=. 20 IA dhu s"I pIu9 70 tne sto.h -
ne ~ IAN IN il"'l VI t"IS
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,ra,l ~ .t "a, 'ia 'i''iS' 20, ,u Daii'
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~ so W. EI'' 9 ar nNeu a.. - pet
.eiI' VI '"e'i Imam ueposIts ahu
,a,r,I ~ ~ I'M We po ,' I W
III, no VI .I''S 80 w PEI
NJ NI.I pt re,ai'ieu ~ we vaults on une
i"l,ie paliH Nv w. 'M '4's ~ we re
go, ,S JAIN ~ 'l't u'sli!,L anu ,l''ee-
~. '"9 ~ no ~" Ndult9' vi ~ VIC
sS'u'.s " t'le e",' ~ 80 We oa,iN'
-, ui.e ~ NV pew CHG VI '"'
'0''io panN. .-.
49,, ny ooa.o
iV9'i W ooaiu - SeNeH IoIa
III washington VIII nave genera su
pervlsioh over tne reserve DAMS ,5,
racn = euet'i reserve pahk wiz oS
u2il'lo'le s,i, ny ulne uIIt't n'I s,N %
w"UlH IN oS tiet'eu py t"e iIlt'iptl
panNs, stpchiioiueIs III me paI'lGuId5
'uIl"' oaHN, a'Iu '"i re "ppo leu
ny lne reserve pohru. Two OF thoae
aPPUII,ea pS lIt reserve poaru mus
pc ShilIed III pahh!hg. hree OF those
se'ecieh by me member banks can
ne CHOSEN ny u'tnl without iIHli u,
non ne o'uei tIII.' '"oseh ny w
h'eIhper odhhS "il'SI p' ehEdseu III
commerce, aerlcuI'ure or Some other
i'iu II 'hl u'su'' III ','''' teaPe''iN
Vie, i'''s anu '"l no. pe oii' elS' vi
reCaors or etnp'oyee s OF paHks.
lne reutrdl 'tF"iN We pahNs can
ohlS 90 business WIN uleliper oanns
am WIN p.hei euei'l reserve paHNs
taVh reuSrdI reserve pahk wiz
nave aNdI'ap'e 70 "lee' 'he nloileA
W Suirs n's wants ~ Lnc nie'l' pel
pdnhs or us olstrlcI, l'e capl'di s'och
peIu ~ ny tile ule"'pel o"nN9' .iIe
We VI nien.pti uaslNs vi uepos',
MI. MN II. a'.u sun .ui'os .'osn 'rnle 70
s.iHe as lhe tIedeuiy oI ne ohIee"
states IN co opela' '9 9 wiz" M re
seftt ooaIu may uepos,t WIN H.
.-at t OF aeposi, naT ueen s!teu
~. ~ ',le 81 e,a, VI ~ ,TasuIS o.'a
eie SUI piuS iui''9 ~, ~ S,a..,It ~.
my pe ~ uua u,S -. ~ -,
49,, "' '''' '''i'' '' '''' w
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10 ", - ~ 80, ~, $3.50, -, -,
w VI - ~ =. ...,, 80. -. -
L,a. a,.,,.tnS $3.50 ~;
.,.tis ,.,..o,.,,o ha.L tb,,s
-, .. nra,,icahio 20 r,o,,o ~
.,'ei. - 20 ~ o,,,+r,. 80 tba
i.nI1ia' a., ~ ,,,,tr,, T., ,:btch al
~. a. T.. osrno;atI,, reodod
pus Ar, g.. EaoL aanL
..,r,,,' - ~, 80 ,,I,aI 90
o,,oratta,, ho,,,oa, tho hopl,s ~ tba
cf,,,,t,., ear tbo ,,ohiItzotion ~ tbn
surr,ns r,oro, and CURRENCY or tho
country with p general board Of SUI
pervision free from any interest what
ever in any bank given the power to
control the Federal reserve banks and
to compel a mobilization in the pub
lie interest
"Tn addition 10 this. at each Fed
eral reserve bank there will be sta 20
toned Federal reserve agent.
Through this Federal reserve agent.
under the rules prescribed by the re-
serve board. the Federal reserve
banks can rediscount paper and OBJ
tain Federal reserve notes. these notes
being new issues intended to make
II possible temporarily to cxpand and
contract currency. This feature of
the bin ia similar to the provisions
under which the Rank OF Germany.
tho Bank or France and the Rank 81
p-,,,Iana onlaroo a,d cortroct their
r.I'e ''ii' nc 50 Gnu 1 -,
paper currency 10 meet special neeuS
IN their respective countries. II is