Judge Milton J. Helmick's precise statement regarding the proposed appointment of a liquidator of the American-Oriental Banking Corporation will be welcomed. His Honour is evidently fully alive to the im. portance of ensuring an impartial Tnvestigation of the calamity. Ths distress which the failure has created among small investors is daily becoming more evident and it is alt the more satisfactory that, the judicial authority of the United States here lis determined to see that the liquidation "1s accomplished jeficlent and resolute lines. Meanwhile it is impossible to form any conclusion regarding the causes which led to the failure. The statements made by representatives of the institution at the time of the closing of its doors have their own value fond until the process set in motion by Judge Helmick gets to grips with the bank's affairs, surmises and deductions are irrelevant, indeed! harmful." It is hoped that all who are disposed and have the means to assist the victims of this catastrophe wil persevere in their efforts for this is fearly a situation which demands sympathy on practical lines,
Text read from the printed page and cleaned; old type leaves the occasional error.