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Circular No. 3 5 FEDERAL RESERVE Series of 1920 BANK OF DAL LAS September 24, 1920 TO THE BANK ADDRESSED: There i s en closed herew ith copy o f address on "The Par Clearance o f Checks" d e liv e r e d W. H. D oyle, "by Mr. Cashier o f the S tate Bank o f P la t t - v i l l e , P l a t t v i l l e , W isconsin, b e fo r e the W isconsin Bankers Convention some time ago. This address covers the s u b je c t very fu lly , and i s p a r t ic u la r ly in t e r e s t in g in that i t a tta ck s the weakness o f the c o l l e c t i o n system in e x is te n c e b e fo r e the F ederal Reserve Banks undertook to ex tend to banks and the p u b lic a fa c ility fo r c o l le c t in g ch eck s. R e s p e c tfu lly , LPT/RRG n This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER