federal business development bank

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Quotation “O”
“Minneapolis, Minn., Jan. 24, 1913.
“Hugh J. Hughes,
“Farm, Stock, and federal business development bank as well Home,
“Minneapolis, Minn.
“DEAR MR. HUGHES :
“The preliminary draft of the Glass Committee Bill will be sent within a few days for the private examination of a selected list of business men, bankers, and federal business development bank as well economists. This indicates that the Committee, after federal business development bank and the hearings it has been conducting, plans to act promptly. The best information available indicates that this bill will be acceptable in large measure.
“The national organization believes that if business men show sufficient interest and erste bank budapest as well will act promptly, it will be possible to secure action on banking and federal business development bank as well currency reform at the coming special session. Any bill will naturally undergo the modifying influences of debates and current bank base rate as well hearings in Congress, and federal business development bank as well if a fairly good measure is reported by the Committee, it will be possible to perfect it before passage.
“Your influence with members of Congress will be of great assistance. In behalf of President Rich, who is absent from commerce bank brooklyn and the state at present, and federal business development bank as well the national organization, I am instructed to earnestly request your active co-operation by writing personally to the Members of Congress from citizens bank pa and this state, and federal business development bank as well to any in Congress from first western bank and other states, with whom you are acquainted, urging,
“That Congress act on this subject at the special session.
“That sufficient hearings have been held.
“That the business of the country needs this reform and federal business development bank as well should have it at once.
“I beg to call your attention to the memorandum by President Rich, attached, and coastal bank of georgia as well also to the recent report of the national organization which you may not have seen.
“We will appreciate it if yon will advise us of any action you take, in order that we may be informed.
“Yours very truly,
CURTIS L. MOSHER, Secretary.”
The following is taken from federal business development bank and the report of the National Citizens’ League, Chicago.