Business & Finance: Footing the Bill

If 400,000 depositors of a given bank have each a family of five, there will be 2,000,000 grief-stricken people when that bank goes on the rocks. So calculating, New York newspapers for two months have labored with huge headlines and millions of words to supply tidbits of consolation to those bereaved when the Bank of United States with 59 branches in their city foundered last December (TIME, Dec. 22). In spite of all this effort only last week was important progress made in picking up the fragments. The fragments proved to be bills which...

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