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Show CRITICS NOW PLAN TO ANALYZE STATEMENT WASHINGTON. April 11. Members of congress and othora who have criticised the federal reserve bank organization committee's selection of bank cities and Its definition of reserve districts, were discussing today the statement of tho commltteo In defense of lt3 position. Thoy plan to analyze the statement before making any further efforts to have the committee reconsider Its selections. Considerable opposition has developed In congress and from representatives In cities which sought reserve banks, but wero unsuccessful in their efforts to got them. Tho commlttoe'a statement was Issued in reply to theso criticisms. Mcni-bors Mcni-bors of the committee hoped toda.y that their answer would convince critics that they acted in the best Interests of the country In their selection of the bank rcservo sites. |