Clipped From The Daily Plainsman

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 - would De Un- exile first cs- his St. Lawrence...
would De Un- exile first cs- his St. Lawrence Bay. on their flight from North Cape to Vladivostok. of the looked for a had Bacigalupi Upholds Chain Bank System WASHINGTON, May G.--(-A 5 )--Pursuing its investigation into group, branch and chain banking, the banking and currency committee of the house today heard James A. Bacigalupi, chairman of the advisory committee of the Bank of Italy, say "the ideal system of banking would permit present banks to establish branches in any part of the world." Basing his conclusions on the experience of the Bank of Italy, California's billion dollar branch banking system Bacigalupi told the committee that such a system need not "proceed entirely from New York." "In our great country the future wil witness many strong commercial cen ters with the banks fully able to exist independently of New York," he said "There would be branch banking system with head offices in Minneapolis, San Francisco, Detroit, Chicago, Buffalo, St Louis, Atlanta, New Orleans, and othe cities. "We firmly believe that large scale branch banking over wide and divcrsi fled areas is decidedly superior," he con tinued. "It is more economical becaus of lower operating cost, lower overhea expense and reduced credit losses. J provides safer and more adequate banlc snted t /hich indent The ngham rch winter ble tie ack ward while plunged war " iis to another grown not R,

Clipped from
  1. The Daily Plainsman,
  2. 06 May 1930, Tue,
  3. Page 1

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  • Clipped by pcon – 06 Apr 2013

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