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Ridgely, William Barret, 1858-1920

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Report from William Barret Ridgely to Theodore Roosevelt

Report from William Barret Ridgely to Theodore Roosevelt

William Barret Ridgely, Comptroller of the Currency, reports on his investigation into the loan practices of the Chicago National Bank. The bank and its President, John R. Walsh, were under investigation for granting loans above the legal limit to corporations. Walsh had repeatedly promised to improve banking practices and adhere to government regulations, but failed to do so. Ridgely believes that the affair was well handled by the bank examiners and his own office.

Collection

Library of Congress Manuscript Division

Creation Date

1906-06-26

Creator(s)

Ridgely, William Barret, 1858-1920