Show GlASS In TO ON WOOf LOBBY PROOf PROBE To Press Inquiry on Alleged Alleged Al- Al Money Influence on Bank Legislation Feb 17 AP- AP Coincident with final congressIonal approval ot of the McFadden branch banking bill bilt yesterday at the senate sen- sen ate ate the measures measure's consideration by bythe bythe the present session forms the basis of a proposed Investigation Into an alleged banking lobby In Washington Washing Washing- ton Immediately aLter after the adoption ot of the conference report on the bill bya by a to 71 vote ote which sends the legislation to the president Senator Senator Sena- Sena tor Glass Democrat VIrginia coauthor coauthor co- co author ot of the revised measure offered of- of a resolution seeking gatlon gation Into reports that a group of bankers fa favoring the discarded Hull Bull amendments had spent more than In maintaining a lobby The rh Virginian a former secretary of the treasury after arter his resolution was referred to a 1 committee indicated that he will ill press for action with a aview view to having the senate banking committee conduct an inquiry and andreport andreport report by January 1 lii In Its final consideration of the measure the senate Invoked the drastic cloture rule for the first time I In its his history tor on a purely legislation as a means to prevent a long filibuster on me bill b by a small group ot of botn bota sIdes or the chamber The measure provides es permission for national banks to establish branches within the limits or of the city town or village where they are located in states where similar privIleges are granted to state banks and also grants extension of the charters of the twelve fed ral reserve reserve re- re serve banks indefinitely In his proposal to investigate the banking lobby Senator Glass charged that the banking lobbyists have haunted he corridors or of the capitol for tor months and had employed em- em members of congress tied with this legislation to go out and make speeches on certain provisions pro pro- visions or of the tho bill Senator Wheeler Democrat Mon Ion tana ho opposed the te bill indorsed the demanding that the senate probe the American Bankers Dankers association from toP to bottom |