Show I I I J I I I I FEDER FEDERAL RESERVE 1 1 f PROFITS EXCESSIVE MADDEN ASSE ASSERTS r WASHINGTON Fel FeS i. i Asserting that the federal federa reserve banks bankd were V re making I h fabulous IO and e excessive e pro profits g fits Chairman Madden a n of the appropriations committee urged today In the I I NI house limiting T an the amendment amount ir to of to eto the h existing x earnings t laws ot of such banks He was discussing the bill which would permit the banKs tOI to erect branch bull buildings ings to cost not i ii iiI in excess of exclusive of vaults I permanent fixtures and furnishings furnishing I d Representative Madden told the house that hat decreased earnings would mean loans at lower rates of interest witha with a resulting benefit to business business' and I th the pUblic generally Representative I I of Arl Arkansas ansas a Democratic member mem mern- ber of ot the banking committee asserted that some such legislation as that proposed pro posed probably would be bo Incorporated e ethe In the general farm relief legislation now under consideration by his com com- |