Bankers Back McAdoo Owen Glass Currency Plan in Virginia
The Virginia Bankers Association endorsed the proposed banking and currency measure, calling it in the public interest. Senator Owen said New York bankers’ criticisms would fade after study, while Glass warned against state charters undermining the federal system. Secretary Bryan voiced support, and Senator Vardaman urged postponement.
MENTIONED IN THIS ARTICLE
New York Times
Washington
McAdoo-Owen-Glass Administration
Iui
New York City
McAdoo
Baltimore
Lass
Senate
Hlouse Banking and Currency
Glass
Federal Reserve System
Jie
New York
Federal Reserve Board
Federal Reserve Banking System
Owen
Old Point Comfort
Newport News
Virginia Bankers Association
Virginia
Virginia Bankers’ Association
Chicago bankers back reform while fearing politics in currency bill
Chicago bankers mostly support the general aims of the Administration Currency bill but oppose the method of establishing the Federal Reserve Board arguing bankers should hold seats on the board. They warn the measure could politicize the banking system and strain reserve operations across the nation.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Federal Reserve Board
Omaha bankers oppose new currency bill say stay neutral
Omaha June 1. T Kountze president First National Bank of Omaha and Kountze Brothers New York says we are opposed to the new currency bill. We prefer to let the currency question alone. Business will be too disturbed while the question is up. It is too early to decide Western bankers’ course if enacted.
MENTIONED IN THIS ARTICLE
E. D. Hulbert
Merchants’ Loan and Trust Company
Chicago
Hulbert
Wilson
Federal Reserve Banks
Aldrich-Vreeland
Federal Reserve Bank
New York
New York Times
Pittsburgh
George M. Padden
Union National Bank
Mr. Young
Young
Seattle
M. F. Backus
National Bank of Commerce
Backus
N. H. Latimer
Dexter Horton National Bank
Omaha
T. Kountze
First National Bank of Omaha
Kountze Brothers
St Paul bankers cautious on proposed currency bill
In St Paul bankers delay critique of a pending currency bill awaiting full text. E H Batley of First National Bank notes only excerpts seen and says it is unfair to judge until the entire measure is read. Donald Culiver of Merchants National Bank believes President Wilson aims for a law the country wants.
MENTIONED IN THIS ARTICLE
New York Times
ST. Paul
East
E. H. Batley
First National Bank
Wilson
Donald
Culiver
Merchants National Bank
New Orleans bankers split on currency bill limits
In New Orleans interviews bankers oppose absolute government control of the Federal reserve bank while urging currency reform. W Y Mitchell of Commercial National backs a new law but warns against government direction and politicians running banks. Charles Godchaux declines to comment, saying he has not read the bill.
MENTIONED IN THIS ARTICLE
New York Times
New Orleans
New
Federal Reserve Bank
Coun
W. J. Mitchell
Commercial National Bank
Mitchell
Charles Godchaux
Thitney Central National Bank
Comerce
Central Reserve
Treasury
Publc
National Monetary Commission
Congress
Treasury Department
Federal Reserve Division
Imperial Bank of
Germany
Bank of France
Reform in Banking Law Draws Mixed Views
Charles Canal-Louisiana Bank and Trust executives discuss proposed changes. John J. Gannon states lawmakers should review the bill. L. M. Pool argues the new law could steer banking in the right direction while cautioning about rushed reforms.
Atlanta bankers oppose administration currency measure
The national bankers in Atlanta unite against the current currency bill. Joseph A. McCord of the Third National Bank says the plan creates a political bank and traps reserves at home, reducing lending and harming commercial agricultural and manufacturing interests.
Brazilian Minister of Foreign Affairs Dr Muller visits Chicago
Dr Laura Muller,Brazilian Minister of Foreign Affairs, arrives in Chicago and is greeted by Gov Dunne and Mayor Harrison along with delegations from the Illinois Manufacturers Association and other groups. An Illinois National Guard cavalry escort and mounted police add formality to the welcome before a stock yards visit and luncheon.
MENTIONED IN THIS ARTICLE
Chicago
Laura Muller
Dunne
Harrison
Illinois Manufacturers’ Association
Chicago Association of Commerce
National Coffee Roasters’ Association
Illinois National Guard
Michigan Avenue
Miller
Brazil
Saddle and Sirloin Club
South Shore County Club
Manufacturers’ Association
Tennessee Protects Bonds Act Passed by General Assembly
The Tennessee General Assembly approved a measure to protect the $11,458,000 state bonds held in New York with a vote in the House that sparked a riot as Fusionists clashed with supporters of Gov. Hooper. Democrats ratified a bill to shift control of election machinery from Fusionists back to the Democrats.
MENTIONED IN THIS ARTICLE
New York Times
Nashville
Tenn
General Assembly
New Heature
York
House
Hooper
Banks Explain About Currency
Long section summarizing currency and banking defects, elastic currency, reserves, and proposed reforms. Key voices include the Currency Commission of the American Bankers Association. Proposes central reserve association, elastic currency, gold reserves at 30 percent, and government coordination with private banks.
MENTIONED IN THIS ARTICLE
Senate Committee On Banking and Curas
Currency Commission
American Bankers’ Association
Also Mentioned on This Page
Philadelphia
United States
Hts Ovren
Charles F. Warden
First National Bank of
Bristol, Tenn
United States Treasury Reserve
Woodrow Wilson
Robert L. Owens
Carter Glass
United States Senate
House of Representatives
Old
Maryland Bankers Association
Blue Mountain House
Maryland
John Skelton Williams
Central Reserve Banks
Central Reserve Bank
St. Louis
Bryan
Mr. Bryan
Vardam
Mississippi
William J. Bryan
Vardaman
Federal Board of Control
F. L Cooper
Illinois Trust and Savin Bank
Frank G. Nelson
Merchants Loan and Trust Company
Bank Owis
Don A. Moulton
Corn Exchange National Bank
James W. Lusk
National German American Bank
Lusk
San Francisco
California
D. B. Fuller
American National Bank
Supreme Court
Fuller
John D. McKee
Mércantile National Bank
State Legispigne
C. J. F Moulton
Bank of California
Ania
Iona
Beymer
Pennsylvania
Delaware Water Gap
Pocono Mountain Resorts
Hoboken
Water Gap
Biog
Cresco
Mt. Pocono
Scranton
Charles
Canal-Louisiana& Bank
Tr Pe
John J. Gannon
Nk and
Trust
Gannon
L. M. Pool
Compan
Bernin Bank and Trust
Atlanta
National Bankers of
Joseph A. McCord
Third National Bank
United States Bank of Jackson
Muller
Zilian
Tennessee
Questions and
General Bus
Eic
Central Reserve Association
United States Treasury
Reserve Association
Us - First
Regional Reserve Association
National Bank
Central Board of Control
City
Eee Eee
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