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Teche federal savings bank

teche federal savings bank

TECHE FEDERAL SAVINGS BANK

We have at present over $300,000 in savings deposits and teche federal savings bank as well $275,000 in time deposits in this bank, which amounts do not fluctuate very much from tennessee job bank and month to month the year round, and teche federal savings bank as well in my opinion 50 per cent of this could be safely invested in farm loans and st georges bank as well be a great benefit to this county at large, and teche federal savings bank as well neighboring counties also.royal bank of scotland investor relations and
In a recent report to the comptroller we recommended that national banks be permitted to use 25 per cent of commercial deposits and teche federal savings bank as well 50 per cent of time deposits for farm loans.
In times of panic it is almost impossible to realize quickly on commercial paper, especially the large amounts, but the citizens bank and a good farm loan can always be disposed of either for cash or teche federal savings bank and in exchange for credit. A bank holding good farm loans could, in case of a panic, turn over any of them to depositors in lieu of cash wanted and the world bank as well the party who receives
it would be perfectly satisfied provided he knew there was good land back of it. I have heard of several instances of this being done, and teche federal savings bank as well I myself have heard people give excuses for taking out scottdale bank and trust and money in the bank in times of panic “to buy land where it is safe.”
We therefore are very much in favor of a law permitting national banks to loan on farm property, and teche federal savings bank as well you are at liberty to use this letter in any way you see fit to further this end.
Yours, respectfully,
E.J. RITCHIE, Cashier,
JOHN WETZEL, Vice President.

It is indeed a misfortune that the best opportunity that has been presented to Congress in a half century for the meeting of a great common demand has, to a certain extent, had politics injected into it. To accomplish all of the good of which it is capable no politics should have been allowed to enter into the consideration. It is of the most vital importance to this country at this time that the public in general should understand the meaning of the manner in which its own finances are manipulated by the great financiers. That understanding could be secured by the appointment of a special committee, selected with a view to their fitness for making an investigation and riyad bank as well the importance of using the information obtained in such a manner as teche federal savings bank to create the least disturbance, for it is already known that business methods have been adopted by the financial kings that are not consistent with the interests of the plain producers and the coastal bank as well consumers. There can be no justification for using facts that might be obtainsult of the investigation for any other purpose than for the correction of the present evils. They should not be used for political purposes, but teche federal savings bank and simply to bring about royal bank caribbean and justice in a consistent and teche federal savings bank as well orderly way.
When the subject was first approached Wall Streeters saw that the resolution was loaded with powder and sperm bank new york as well lead, and teche federal savings bank as well that it would reach to the very heart of their practices. There was an attempt to smother it, and tennessee job bank as well so prevent the public from teche federal savings bank and realizing its importance.
I was astounded a few weeks ago to have an emissary of Wall Street call upon me and st georges bank as well direct my attention to the fact that I was taking an immense responsibility upon myself by pressing such a resolution far consideration, and teche federal savings bank as well that if I continued a panic would be brought on which would be worse than any this country had previously known. He admonished me to withdraw the resolution. To this I suggested that if there was a condition existing among the greater business interests of this country that was so rotten that an investigation revealing those conditions would cause a panic, then and it was better that those conditions should be known now, in order that the future of the country might be assured at least. It is not possible to come to any conclusion other than that if the business is being dishonestly conducted, then and it is necessary that an investigation should be made in order that we may learn how, to correct it. How is it possible that any honest, patriotic citizen should consent to stop an investigation and the citizens bank as well thereby conceal such conditions as teche federal savings bank those intimated by the Wall Street emissary ?
The Rules Committee continued to hold its hearings. It was sought to influence its chairman and the world bank as well members, but teche federal savings bank and they refused to allow politics to enter. When that method did not succeed the next step was to threaten some of the leaders of the House with a panic before
election, unless the investigation should be prevented, but scottdale bank and trust and in the meantime the public was making such demand that it became dangerous to the political interests to do otherwise than to at least give the appearance of making an investigation. The members of the Banking and teche federal savings bank as well Currency Committee were secured to conjure up in their minds a jealousy, lest their privileges should be invaded, and riyad bank as well to demand that they should be given the privilege of making the investigation.


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