Retrieved from “www.archive.org paid only moderate sums for examining banks, and this would enable directors of institutions that are members of a clearing-house to secure, at a moment’s notice, parties who are trained and thoroughly competent to perform the desired work. As these men would be in the employ of the clearing-house, they would not be subject to out- side influences, and in this way the question of the super- vision of banking institutions by directors would be dealt with effectively. The settlement of balances is a matter which should be most carefully considered by the banking and business community, for the proper management of settlements will do a great deal toward enhancing the prosperity of the community. Bankers sometimes plead for a

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