The Archive · 1932

FEDERAL CONTROL US. BANKS?

New York, Apr. 7

It is announced to-day that a scheme to bring all the 22,000 banks throughout the Ni States under Federal control is being formulated by Mr. Eugene Meyer, the Governor of the Federal Reserve Board.

The plan, it is stated, is the result of a recent agreement between Mr. Meyer and Senator Glass, the Chai the Senate Banking committee.

Mr, Meyer has declared his opi jon that the many failures of smal banks which have taken place inj America during the past year could have been avoided if there had been unified system o€ eontrol.—Reuter, Gespatched to-lay by post to Dublin.

Apr. 1.

'The Government has reaffirmed in unmistakeable language that they stand absolutely. by the treaty. be-{tween Great Britain and the 'Trish Free' State, announced Mr. J. Ht. Thomas, the Secretary for the' Dominions, in the House of Commons evening.

'The Government, he said. had replied to the despatch received from The nish: Free State last. week and in'vlew of the, great importance of these' communications 1 had. been flcelded that. their text. should. be published immediately-—Reuter. Dublin, Apr. 1.

""yeiand ig not a British colony: she is one of the oldest mations in the world, with all. the rights of nationhood, "British statesmen most Banden their, fsgpe ambition feminate the Iris "This declaration was made by the President. of the Free State, Mr. Eamonn de Valera, in the course of a speech to-day at Ennis, the capital or County Clare, where he crowd of 60,000 person

ope of a change in Siege Valera disposed of any Relations with "Great, Britain, he declared, would "be. friendly, bat must be Gna. basis of "complete equality, "The Irish nations," he continued, "has in the honoured by'an allegiance Irishmen do not and cannot Zeal, "Not £1 in il leave the Free State till Britain has proved her title."—Reuter

Text read from the printed page and cleaned; old type leaves the occasional error.

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