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OCR Page 1 of 13I want to not your tonsideration
neution at gall City
Speech at Deen Con-
some of the
bas done. Bankers of late have been doing
somo howling, but I wonder where they'd be now
if it hadn't beon for the atrong course puraued
in their behalf by Roogevelt. Perbapa
none or them would be in business today.
s MATIONAL
ARCHIME AND
REGORDS
that courso not only saved the financial
SERVICEIN
structure of the nation, but the interests
of the can who keepa his money an the bank
vore safeguarded. For the first time in history
the benkers and their directors have becomo
roal trustees for the depositors. Under
Coolidge there were 633 bank failures over a
four and a half year period; under lioover
during four years thore woro a thousand and
thirty-five. Somo two handred end sevon falled
to reopon after the bank holiday. There have
been oight failures in three years undor Roose-
velt, and every depositor with five thousand
or less in these eight got his money. Banks
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