¶Confirmed the appointment of Marriner Stoddard Eccles of Utah to be governor of the Federal Reserve Board. Purposely absent when the Banking & Currency Committee took its final vote was Governor Eccles' warm foe. Carter Glass of Virginia, who mortally hates the Eccles plan for tightening Government control of the Federal Reserve System.
¶Received from its Finance Committee, which had voted down the Patman (greenback) and Vinson (Legion) bonus bills, the Harrison (compromise) bonus bill (TIME, April 29).
¶Returned to committee, with instructions that it be reported back by...