Last week the New Deal was to be seen standing with Carter Glass instead of Carter Glass against the New Deal. This remarkable conjunction occurred on an omnibus banking bill which the Virginian and a Senate Banking & Currency sub-committee spent more than two months working over. When the measure was unanimously reported to the Senate last week, all hands agreed that a neat job of compromise had been executed on the ticklish issue of centralizing the U. S. Banking System under White House (i. e. political)...
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