The Waterbury Democrat., 1933-03-06

guards against the possibility of bad checks or spurious currency being placed in circulation.
 Merchants Meet
 The meeting of the merchants Tn the Chamber of Commerce build ing was an informal one. The city's leading establishments were represented and the comments of those who participated in the dis cussion reflected the keynote of all similar conferences to-day con- fidence. It was mutually agreed that whatever action was decided upon at the session would be ten. tative in view of circumstances Il was announced that another meet ing might be necessary within . few hours and surely sometime to. morrow.
 "Discussing the question of cred it it was promptly agreed that credit should be extended to all patrons of good standing the same as under ordinary circumstances In respect to receiving checks il was decided that for the time be- ing there would be no cash refunds If persons made $3 purchase and offered $5 or S10 check he or she would receive due slip" in return and this would be acceptable later when the check was 70. K.'d" al the bank. The precaution also serv- ed to protect merchants against any serious losses in event of un- scrupulous persons attempting tc take advantage of the situation en- deavoring. to pass a worthless check.
 The merchants present were alsc advised to notify their employes that the present financial condition might prove a favorable time foi the circulation of counterfeit money. All strange looking bill, should be subjected to a close scru- tiny and rejected if any doubt ex- isted as their genuiness.
 Internal Revenue
 Deputy United States Revenue Collector James P. McGrath issued statement to-day stating that checks would be accepted by the government and the fact that pel son lacked funds with which tt obtain a postal money order blank should not delay them in forward ing their income tax, if they have [ checking account. This advise was given so as to prevent any grea number of persons from waiting until the last day to seek assist ance.
 At The Post Office Until further notice PoStmastel A. N. Colgrove was officially noti fled to-day all business in the pos tai savings department was to bt carried on as usual. Deposits ant withdrawals were to be handled il the same procedure as under nor mal times. We intendt to carr, out this order to the limit of oul resources" remarked MT Colgrov, today" but there is little likeli hood of any unusual demand re sulting. Years of experience havt taught the general public thu soundness of the postal saving system.'
 Unemployed Checks Commenting on rumors affectin. the Mutual Aid Unemployed staf it was officially announced that tn i 1900 workers engaged in various | forms of occupation would carr. on as they have been doing fo months past. The weekly check would be issued to all at the usua | time. In addition to the 1,80I at work the committee is furnish | ing aid to over 600 more | Every possible step has been talk | en to safeguard the interests of tn hundreds depending upon the com mittee.
 Money Exchange Helps Yesterday some local stores ex | perienced a shortage in ready casl but this condition was altered to day with the establishment of money exchange at the Merchant Trust company, where q cash fo cash ruling prevailed. The accom- modation arranged by the bank was of invaluable service to busi ness establishments, hotels an I theaters, which were obliged yes | terday to change some bills of larg i denominations. .z 1 Churches Discuss It | Tn various churches yesterday o all denominations usual sermon | were substituted or amenjed fo l comments on the banking situation
 ir Waterbury. Catholic and Prot ] estant clergymen and Jewish rab 1 his urged the members Of thei congregations to remain calm an
 to keep their faith in tho Amcrical l government and the banking insti tutions. There is no danger for any