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BILLS TO PROVIDE FOR THE CONTROL AND REGULATION
OF BANK HOLDING COMPANIES, TO REQUIRE

DIVESTMENT OF NONBANKING ASSETS,
AND FOR OTHER PURPOSES

LIB.

P67-64

34937

PART 1

JUNE 10, 11, AND 12, 1953

Printed for the use of the Committee on Banking and Currency

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1953

STANFORD
LIBRARIES

COMMITTEE ON BANKING AND CURRENCY

HOMER E. CAPEHART, Indiana, Chairman

JOHN W. BRICKER, Ohio IRVING M. IVES, New York WALLACE F. BENNETT, Utah PRESCOTT BUSH, Connecticut J. GLENN BEALL, Maryland FREDERICK G. PAYNE, Maine BARRY GOLDWATER, Arizona

BURNET R. MAYBANK, South Carolina
J. WILLIAM FULBRIGHT, Arkansas
A. WILLIS ROBERTSON, Virginia
JOHN SPARKMAN, Alabama

J. ALLEN FREAR, JR., Delaware
PAUL H. DOUGLAS, Illinois

HERBERT H. LEHMAN, New York

IRA DIXON, Chief Clerk
RAY S. DONALDSON, Staff Director

CONTENTS

Bankers Association of America

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Martin, William McC., Chairman, and J. L. Robertson, member,
Board of Governors, Federal Reserve System__

Steele, Walton W., vice president, Baltimore Bank of Kansas City,

Mo..

Letters, memorandums, statements, etc., submitted for the record by-
Adams, Orval W., executive vice president, First National Bank,
Salt Lake City, Utah: Statement_-_.

66

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