Business: Branch Banking

Los Angeles bankers spent $60,000 last week entertaining 20,000 U. S. bankers and their wives who attended the 52nd annual convention of the American Bankers Association. There were motor rides through Hollywood Boulevard and Wilshire Boulevard, trips over and under hills, visits to the studios, peeks at Evangelist Aimee Semple McPherson's $1,000,000 Angelus Temple, balls. Each guest had a basket of fruit, constantly replenished, in his room.

In the convention meetings the bankers, who represented some 5,000 U. S. financial houses, were at odds over the McFadden Bill and its Hull Amendments,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!