Show IT lyl VI LA FOLLETTE 1 HITS BANKING BILL t. t the Glass banking bill bUl i Wig subject state banks to unfair d by oboist national banks and andt Lion petition precipitate a disastrous t it might c cr crisis isis Governor Philip F. F SP IM of Wisconsin Wednesday Follette td ed Governor George Geore H. H Dern Dem to toder toder der the bill carefully telegram received at the gov gov- ot or 1 a s office I Wednesday Governor j Follette lion 19 of ot the Glass banking which c has been reported forge for Tor Torto fore e to the United States senate ge ie national banks to large l otiS branches regardless of state law the state stale In which their of office ice Is located and also other Cher Ata states within fifty miles mUes of ofAS office AS ThIs s would subject state slate banks to Ir competition and Is likely to tol in compelling the state banks l It beCOme me branches of or large city S which these large at any figure J S may be willing to pay for or their u. u It Is is the most serious threat banks generally and the bOth of eta tate to tire fire system Stem of Independent bank bank- If enacted into law it il is likely prise the upsetting of banking conand con- con 1 and may precipitate te the most economic crisis we e have trouS t facca Lt urge your careful I e and the taking of such kt ps as you may believe proper pG Governor overo or Dern Del Is attending the na na- Ed Its governors' governors conference at Rich Rich- End ocd d Va |