Show EXPERT URGES f 1 R f I NE NEW NATIONAl t i Y C ANK t Comptroller Declares Present k Plan Is Political Rather Than Economical I ATLANTIC CITY N N. J. J April 30 I The wC-The The rl-The belief belle that branch banking under nalon national I sponsorship would do much to decrease e difficulties of or th the i depositories was advanced today b by I Comptroller of ot the Currency Pole Addressing the Cham Chamber r of or Commerce Com Com- merce of or the United States Pole said he believed cd there was strong public support for a program which would encourage a n banking system to W operate oper- oper ate atc under standards of or the thc bigger institutions He said the great banks of ot the thc I country successfully weather the I economic d depression while In rural J communities smaller banks had failed at the rate of ot a year jear ear for the thelast thelast last lat 10 years ears I The chief difficulty In considering our banking system as ns a whole Is I i political rather than economic he said We have In n fact tact 50 systems of ot commercial banking In the thc United States one for each state one for forthe forthe forthe the District of ot Columbia and one for forthe forthe forthe the nation as a whole Congress he hc sold said never has covered covered cov cov- ered cred the entire field but has endeavored endeavored ored to W equalize opportunities to national national national na na- na- na banks with those given b by I state legislatures 1 |