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Show BANK DIRECTORATE SHAKE UP PROPOSED ATLANTIC CITY. N. J May 4. A law prohibiting national b.'.nk dire.-tors from being connected in any way with savings banks was advocated today by James H. Manning, f.rm.-i mayor -r Albanv and president of the National Saings bank of thai city, In an address befor the third national conference" of mutual favincs banks. Mr. Manning criticised the "listless attitude" displayed by many savings bank directors and declared that the thrift program was Impeded by the se-lectlcn se-lectlcn of directors of national banks ai directors and officers of savings banks. "Directors of national bank? " he sold, "are not Interested In the work of savings sav-ings banks and thrift promotion When these men, the servients of money-mak-Inc Institutions, are ousted from the Jobs as trustees in savings banks more progress will ! ma.i.- Sav, 1,(73 banlts will set back then to the purpose for which they were founded There otiffht to be a law preventing these national bank directors from being .N.nnected in any way with savings banks." |