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