Retrieved from “www.archive.org city, but outside of the city itself. It is known as the ” Foreign Department of the Clearing-house Associa- tion,” and is conducted independently of the regular clearings of that organization. The question of collecting out-of-the-city checks had been discussed by members of the Boston Clearing-house Association for a long time, and finally, early in the year 1899, a special committee was appointed, to which the whole subject of collecting checks throughout the dis- trict known as New England was referred. This com- mittee, after careful deliberation, reported that in its judgment it was advisable and practicable for the clear- ing-house to undertake the collection of such checks and to distribute the proceeds

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