Business: Frankly & Boldly

"This is pre-eminently the time to speak the truth, the whole truth, frankly and boldly." Thus President Roosevelt two weeks ago opened his attack on financial panic. At one stroke he won back a good half of the public's lost confidence in the U. S. banking system.

A month ago equally frankly and boldly Corn Exchange Bank Trust Co., Manhattan, gave the public a complete account of its assets, not only a balance sheet but a full list of the bonds and stocks it owned. In the terrific week ending March 4 when the...

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