Ii8 THE IMMIGRATION PROBLEM
banker with the State banking department of cash or
securities to the amount of $25,000, or of a bond in
the penal sum of $25,000; (d) the filing of quarterly
and special reports; (e) periodical examination by the
banking department of bankers who file a bond in
lieu of making a deposit of cash or securities; (/)
regulation by the banking department of the charac
ter of investments; (g) provision that all money re
ceived for transmission should be forwarded within
five days from its receipt; (h) the shifting of the
burden of proof of transmission upon the banker; (i)
regulation of the use of the word “bank” and equiva
lent terms.
The Immigrant Press
The races of older immigration from Great Britain
and northern Europe are served by a well-established
daily and weekly press. In many communities there
are also published in a foreign language immigrant
newspapers, usually issued weekly, which appeal for
support to a certain race or races of recent immigra
tion. The majority have a circulation outside of the
towns or cities in which they are issued, but there are
no national publications which are recognized as the
exponents of, or which are printed in the interests of,
various races which have come to the United States
within recent years.
The immigrant press is published by one of three
classes of interests: (x) Racial organizations in the
United States; (2) church organizations, and (3)
business interests, consisting chiefly of steamship
agencies and banking and mercantile establishments.
The foreign language press in the United States
has been growing rapidly. At the present time over