UNITED STATES TREASURY DEPOSITS.
A SUGGESTION BY CONTROLLER OP CURRENCY. Received .November 5, 10.3 p.m. : LONDON November 5. » The New York correspondent of I The Times reports that Mr W. B. s Ridgeley, United States Controller of • the Currency, suggests that the . Treasury should now utilise the wide • interpretation always given to the words of the law, namely, that the - Treasury's deposits in banks shall be j secured by United States bonds or j otherwise. Thus State and Municipal bonds which are legal investments , for the saving banks of the several States might.be used in addition to | the United States bonds, as a sound > basis for a note circulation by , national banks to the full extent of their legal powers.
GABLE NEWS, United Press Association—By Electric Telegraph Copyright.
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https://paperspast.natlib.govt.nz/newspapers/WAG19071106.2.19.15
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Wairarapa Age, Volume XXX, Issue 8873, 6 November 1907, Page 5
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128UNITED STATES TREASURY DEPOSITS. Wairarapa Age, Volume XXX, Issue 8873, 6 November 1907, Page 5
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