Show r UNIFORM BANKING SYSTEM URGED AS CURE OF U. U S. S FINANCIAL ILLS ILLS' i Speaker of House Favors Use of Silver Gold-Silver Mono Mono- j t tary ry Standard v II r Br JJr r Associated NEW YORK Dec 21 James P. P W Warburg banker believes believe a uniform banking system would bring an end to most of the money troubles from Which we have been suffering He told the Economic club of New NewYork NewYork NewYork York last night he could see no excuse ex cx- cuse euse for tor not establishing a unified system under the control of uniformly operating banking authorities If that is js done he said if branch banking I. I is permitted to a reasonable extent and if the minimum capital requirement for a bank is raised from the present ridiculous figure of ot 50 t to let to-let let us us' say saY I I think most of our oui banking troubles will be over the guarantee of deposits can be dropped and the government will soon be able abl to retire from its preferred preferred preferred pre pre- stock investments Senator Elmer Thomas Thoma of ot Oklahoma Oklahoma Okla Okla- homa declared he was an I but favored an expansion of I the currency by revaluing the gold content of ot the dollar This would return to the monetary system some eight ight billions of gold dollars h he said aid which would be comparable to the dis I 4 I f is 44 S I I Henry T. T Bainey Rainey I covery cover of at least half that amount amount of new gold 5 Speaker Henry T. T Rainey Raincy of the house of representatives advocated a double standard o of gold and arid silver I I I I v v e 4 4 c w S S 55 q 74 J r 7 James P. P Warburg I without ratio for the United States This action he said will permit us with our oui incomparable economic strength to assume the position w we ought to assume in jn world trade |