Washington, Nov. 9.
In a letter addressed to William P. G. Harding, governor of the Boston Federal Reserve Bank, Sena-for Carter Glass of Virginia to-day proposed restraint and punishment of "men who think themselves superior to the existing Governmental bank system" and also to prevent what he termed "such disasters in stock market gambling operations said that men who fare totally indifferent to the real commercial and industrial interests of the nation should be restrained and severely disciplined by adequate punishment.
He declared that the Federal Bank system administrators should assent to a limitation of powers which laves confer, thus asserting the dignity of the Federal Reserve Banks 'A statement by Senator Gla: office, accompanying the etter, said it was understood that Senator Glass referred to Charles E. Mitcebell, president of the National City Bank, as one of the men who imagined themselves superior to the government banking system—United Press.
New York, Nov. 9—Plans have been completed for a merger of Electric Bond and* Share with! Electric Investors, Tne was, learned to-day—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.