OCR Text |
Show Banking Bill Awaits Senate Washington. The McFadden bill, proposing in effect a liberal interpretation inter-pretation of the national banking laws, particularly in respect to branch banking by national banks, now awaits action in the senate. As passed pass-ed in the house, the measure earrieri the Hull amendments, designed to place restrictions on its branch banking bank-ing provisions. All of these amendments amend-ments had been accepted by Chairman Chair-man McFadden of the banking committee, com-mittee, author of the bill. |