A DOUBLE DEMAND.
In the discussion at the Bankers' Institute Mr. Frederick Hyde made an excellent survey of the conditions under which the banks were working to-day in the matter of their loans. He showed in very clear fashion that the banks were confronted with the problem which is usually the accompaniment of the commencement of a trade revival after a prolonged period of depression. A considerable portion of the rise in loans can be attributed to the extensive aid given to those industries chiefly affected by the general trade depression, and yet when the moment for revival comes, these same industries need further financing if the corner is to be turned and old and long-standing loans are to be liquidated. At one and the same moment, however, the banks are also confronted with the ever-increasing demands for loans from those industries which have been, and still are, prospering considerably, and, as a consequence, in many instances, require financial accommodation for a still further extension of operations.
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