Show PRESIDENT OPPOSED TO CENTRAL BANK SCHEME Washington May ilay S Although President Taft was quoted In his re recent recent recent cent Boston address as favoring a cen central central bank It was learned today that he be heIs heis beIs Is opposed to a central bank of ot issue at the present time To scores of bankers who vho have been sending In Inquiries Inquiries inquiries Secretary of ot Treasury the Mac MacVeagh MacVeagh MacVeagh has been authorized by the President to make the following state statement statement statement ment Mr Air Taft was misquoted In the re reports reports reports ports of his Boston address The Pres President President President ident is not In favor of a central bank at the present time and he has per personally personally requested me to advise you that he is not the establishment estabI I of such an institution |