Show 11 flu Against oi Borrowing or Accounts Washington March bi bill reo re striding national banks bank from making loans lonn to their was al favorably acted on by the house committee on banking and currency today The measure has b been n ure urged by the compo camp trailer of the currency on the grund that many bank were caused by loans to ot at the banks The ex expected 1 ot of smal small banks bank under the new law is II paid laid to be additional reason for tor the ot of loans to bank of fleets The rho bill that that no n an n lionel banking bl shall make mke It its I Vice Iee president presIdent any loan to its Is Iny dent Its cashier or any In of its Is directors clerks clerk tellers bookkeepers agents servants or other persons In Its em employ employ ploy until the proposition to make loan shall have hae submitted I lit writ writing Ing to ehl the board of at directors or or of the executive committee ot 01 a board and approved bya majority At such meeting the tho person by m such sueh ppl be cation shall nut not The bill Ihal 1 nl also l prohibits th t overdraw overdrawIng overdraw Ing of accounts account of bank or port Chairman will 1 make the reo re report |