AMERICAN BANKS
STATE AUTHORITY RESTORED 1 impress Association.—Copyright. ' j. Washington, Dec. 30. • President Roosevelt, in a pmclamtatijaa; iJR < has returned to the • indivi4aal.' >: V 1 authority over their banks which temporarily was taken from them during the 1 banking crisis last March. The proclamation stipulated that banks not engage in foreign exchange transactions except such as are undertaken for legitimate and normal business requirements and for fulfilment of con- X tracts entered into prior to March 6. \ The order is generally interpreted as J evidence of the return virtually to nor- ■* mal by the nation’s banks. j
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Bibliographic details
Stratford Evening Post, Volume II, Issue 450, 2 January 1934, Page 5
Word Count
97AMERICAN BANKS Stratford Evening Post, Volume II, Issue 450, 2 January 1934, Page 5
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