Cavalier County farmers press. (Langdon, N.D.) 1920-1921, 1921-02-24

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policy of the Bank of North Dakota, in the main, a TO leave the money
where we found it, in the localities where it originated. still insist that is
correct. You cannot irove o. disprOve the policy by considering any N
bank or group of banks, but yu must consider them all the entire eight
hundred.
81 therefore a this time, request that IS we proceed with my testimony
be permitted to give you all this information 20 you may know all the
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invitation, either .sngly or in a body, to 30 into the bank and look over u
records. to gather some idea of the large amount Of records to be gone into,
which % cannot get except by Il visit to the bank itself. [ thank you
Immediately on the heels of this statement. as showing there vas nc
conflict over the figures in the audit, which the house committee had in it
possession. Mr.. Cathro testified:
"Thee has never been brought to my attention anything that would
cause me TO doubt it in ny substantial manner"
The only objection offered to the auditors report by Mr. Cathro were
the conclusions draw by the head of the audit firm, which we're dscoun-
tenanced by the facts in the situation over which the bank had 10 CONTROL
such as the passage of the initiated law.
The Industrial commission and MI. Cahro opposed to the stO IF their
resources these efforts % ear dOwn confidence in the whole banking system
of the OnM