Show SENATOR GLASS GLASS' BOOK ASSAilED Samuel Says Sen Owen Author of Federal Reserve NEW V YORK June une 20 By By ByThe The Associated Press The Tho The book Adventures Adventure In n Constructive Fl- Fl written by United States Senator Carter Glass Glus of oC Virginia has been termed by Samuel Un- Un an attempt to take tako away from former United States Senator Robert flobert L. L I. I Owen of ot Oklahoma the credit to to which be he more than any other man Is entitled as the true author of ot the federal re- re reserve serve act Mr Ir In a page 40 that the mani mani- manifest manifest pamphlet charges fest purpose of oC the book was to picture Senator Glass In the role rolo of oC the sole author of oC that historic piece of oC legislation and all others as at best assistants or HOUSE HOUSH ASSAILED ASS To accomplish that purpose he ho declares Senator Glass saw fit tit to assail bitterly the In Integrity In- In Integrity integrity of ot Colonel E. E M. M House to to belittle and grossly grossy misrepresent sent the work of oC the undersigned to minimize the Important part played d by William Gibbs Mc- Mc McAdoo Adoo then secretary of ot the treas treas- treasury the Influence ury and to Ignore of oC William Wl J. J J Bryan He said the federal reserve act was the direct outcome of oC the disclosures by the Investigating Investigating gating committee of ot the house of oC representatives In 1912 13 of oC the dangerous concentration of ot the control of ot money and credits He added that this committee of ot which be he was counsel and Investigator investigator proved the existence of ot ofa a a. o v vast t money trust which It was the tho design degn of the federal reserve act to destroy KEW K EW OP OF NO 0 DILL BILL The main credit for the enact enact- enactment enactment ment of oC the federal reserve act Mr Ir said belonged to Senator Owen References of ot Sen Sen- Senator Senator ator alor Glass Gl to the part of ot the played In the preparation so-called so treasury bureau bill or orin orin orIn in efforts to have It substituted for the federal reserve act ad were characterized as fiction pure arid and simple from froni beginning to end Mr said he knew of oC no such bill until the appearance of Senator Glass' Glass book |