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Show (Reserve Board Not Coercing Any Bank WASHINGTON, Jan. 29,-5-Coercive method? have not been used bj the federal roservo board or federal reserve re-serve banks to compel non-m&niber state banks to join the federal reserve system or submit to the board's regulations, regu-lations, the senate was informed todav to-dav by Governor W. P. G. Harding in response"1 to n senate resolution. The, board has only endeavored to carry! out the provisions of the law without diaorimlnation, he said, and if any' agent "through excess of zeal has' adopted any other attitude In his ef- foi ls it has been without the authority-or consent cither of the fed-, era I reaerve board or the' federal re-' servo banks themselves." |