There comes a time when the head of each great financial house summoned before the Senate Committee on Banking & Currency is given his chance to tell not what he did but what he thinks should be done. As J. P. Morgan's turn came last May and Otto Kahn's turn came last June, so last week came the turn of Winthrop Williams Aldrich, chairman of Manhattan's great Chase National Bank.
A lawyer by training, Banker Aldrich got down to legal brass tacks with specific changes which he thought should be made in the Banking...
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