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Show TREND How the wind is blowing , . . BANKING At San Francisco L. M. Giannini threatened to withdraw his Bank of America from the federal fed-eral banking system unless Secre- tary of the Treasury Morgenthau halts "persecution" "perse-cution" of its officers through the Securities Exchange commission, wheh has been exam- r Zt5T,rl of Trans- GIANNINI america corporation, owner of 40 pr cent of the bank's stock. Next (y Henry Morgenthau struck back. POLITICS At Washington it was indicated that Chicago can have 'loth Republican and Democratic na-t'onal na-t'onal conventions for the asking froviding the city posts a $150,000 financial guarantee for each. AGRICULTURE Although 1940 cotton marketing quotas were approved ap-proved by 91 per cent of the farmers farm-ers voting (962,273), it was estimated esti-mated by the department of agriculture agri-culture that the election had been staged by only 38 per cent of all cotton growers (2.300,000). AVIATION" Within the next year, every maj'r airline in the U. S. will be flying four-engined, 40-pas-senger aircraft in substratosphere levels at speeds more than 50 miles per hour fas :er than at present The ships: Docfcias DC-4s and Boeing 807s. . . |