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The Splendid Work of The Munsey Trust Company The Munsey Trust Com pany, the youngest bank in the city, saw some real work to do a couple of days ago and did it. The United States Trust Com pany was in trouble. It could not alone weather the storm. Not a helping hand had been held out to it. The next day meant its downfall and a finan cial disaster to the city, the like of which no man could fathom. Fifty-five thousand (55,000) depositors in this bank, most of them people whose savings were very real to them, meant a combined force?one person in six in the entire city?whose bit ter wail of distress would have shaken the very foundations of the town. Something had to be done, and done quickly, and The Mun sey Trust Company did it quickly. In less time than it takes to tell it, The Munsey Trust Com pany obligated itself to take over the entire business of The United States Trust Company , and to guarantee all depositors against loss. That was Friday night. Sat urday morning's newspapers told the community what The Munsey Trust Company had done, and the town breathed a sigh of relief, satisfied and de lighted. The frightened depositors of the day before?those who un derstood the significance of the transaction?instantly lost a 11 anxiety, and before midday of Saturday the "run" on The United States Trust Company was over and financial confi dence was again in the saddle. It was a big deal, a quick deal, and a deal of courage and decision. This is why The Munsey Trust Company stands today with the people of Washington as it does?why it holds the unique position of saving the sit uation. The Munsey Trust Com pany?only six months old?is already a force in this commu nity. It is a force because it is big and strong and sound, and because it has right ideas, right ideals, and the courage to do things. MUNSEY The United States Treasury Says Through Its Bank Examiner Richard W. Goodhart ?'The Munirr Trait Company has ab aorbed the Vnltcd States Trust Com pany, with all lta braachca, with the fall knowledge and consent of the Treasury Department, The exnminer desires to Inform nil depositors that de poalta with the United State* Trust Company are abaolutely ante* nnd that they ahonld feel no apprehension whnt. ?sever, The crisis la past, nnd depoal tora way now relievo their mlnda of any analety." FRANK A.