Show MURRAY URGES CHEAP MONEY Advocates Bill Giving States Broader Powers in Handling Handling Han Han- Credits Br BY United Frets Preas WASHINGTON ASHINGTON V Jan 18 Raw IS-Raw- Rawboned Raw Raw- boned arid ana Diu bluff c- c Governor vernor Alfalfa 1 Bill Murray of Oklahoma invaded the halls of ot congress today to advocate advocate cate a bill that would permit the states to inaugurate a cheap money policy and would give them broader powers in handling credits The picturesque governor who has brought to the east notice of his candidacy candidacy candidacy can can- for the Democratic presIdential ial nomination appeared before the house louse ways and means committee He urged adoption of a bill by Representative Representative McKeown Dem Oklahoma Oklahoma Okla- Okla homa loma which would repeal the 10 percent per percent percent cent tax now levied on currency is issued issued issued is- is sued by state banks Murra Murray laid the troubles of the country to control of the nations nation's credit by big bankers and pictured dire consequences unless credit is made easier for tor farmers I Next winter will be worse than this his this and b by the following winter the J biggest banks in the country will fail he declared Murray soon launched into an atack attack attack at- at tack ack on speculators He asserted the American central banking system lent itself to speculation The control of credit should be in inthe inthe the he hands of the producers Instead of speculators peculators he said Introducing the governor McKeown Mc Me- Keown explained to the committee that hat his bill would permit reestablishment reestablishment of the Scotch bank system tern tem em Murray introduced a similar bill when he was in congress severa several years years' ago p It will restore currency and safe afe curren currency y wn said bul but wo would ld not ca ion n. n |