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Show VREELAND AND SHAW DEBATE BANK QUESTION By Associated Press. NEW YORK, Fob. 5. Edward B. Vrccland. chairman of the congressional committee on banking and currencj', and Lcslio .M. Shaw, former secretary of tho trcasur', had a heated debate tonight on tho subject of a central United States bank. 7lr. Shaw, spenking at tho Republican Republi-can club, opposed a central bank, sa3'-ing sa3'-ing that it would be impossible to keep its control out of tho hands of the mon who control tho Standard Oil company com-pany and the United States Steel corporation. cor-poration. Of the (wo he preferred Morgan Mor-gan control. Chairman Vreeland approved a central cen-tral bank, and the impression was obtained, ob-tained, that tho report of tho committee on currency and banking would contain con-tain a recommendation favoring such an institution. Ho insisted that, if sucli a bank wero established, safeguards safe-guards would be placed about it sufficient suf-ficient to make it impossible for an' group of financiers or politicians to exercise ex-ercise any control over its business. |