Expandable valise with vertical stabilizing straps

An expandable valise of the type having inner partitions for carrying business papers, comprising:

• a) a compressible-expandable body portion including enclosable top, front, rear and side panels and an extensible-contractable bottom panel having flexible convolutions extending between said side panels;
• b) a rigid batten, centered adjustably upon said top panel, said rigid batten supporting top strap keepers adjacent opposed ends of the batten;
• c) pairs of adjusting straps, vertically encircling the valise, further including:
• i) a pair of first inner vertical straps, each strap having a bottom portion secured at one end upon said rear panel and extending around said extensible-contractable bottom panel and having a free end with adjusting holes for adjustable securement to said front panel;
• each said inner strap including a top portion extending from said rear panel over said enclosable top panel;
• ii) a pair of second outer straps, each strap being adjustably secured to said batten by said top strap keepers and adjustably secured to said rear panel, bottom panel and front panel by rear panel keepers, bottom panel keepers and front panel keepers affixed, respectively, thereon;
• said second outer straps each including a free end having adjusting holes extending over the enclosable top panel and a buckle end extending over the lower portion of said front panel for engagement with the adjusting holes in said free end;
• and
• d) adjusting studs protruding from each side of the lower portion of said front panel, so as to complementally engage and secure said adjusting holes of each said first inner strap free end.