HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY UNITED STATES SENATE SEVENTY-THIRD CONGRESS SECOND SESSION ON S.Res. 84 (72d CONGRESS) A RESOLUTION TO INVESTIGATE PRACTICES OF STOCK AND S.Res. 56 and S.Res. 97 (73d CONGRESS) RESOLUTIONS TO INVESTIGATE THE MATTER OF BANKING OPERATIONS AND PRACTICES, TRANSACTIONS RELATING TO ANY SALE, EXCHANGE, PURCHASE, ACQUISITION, BORROWING, LENDING, FINANCING, ISSUING, DISTRIBUTING, OR OTHER DISPOSITION OF, OR DEALING IN, SECURITIES OR CREDIT BY ANY PERSON OR FIRM, PARTNERSHIP, COMPANY, ASSOCIATION, CORPORATION, OR OTHER ENTITY, WITH A VIEW TO RECOMMENDING NECESSARY LEGISLATION, UNDER THE TAXING POWER OR OTHER FEDERAL POWERS PART 16 National Securities Exchange Act (continued) Printed for the use of the Committee on Banking and Currency HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY SEVENTY-THIRD CONGRESS SECOND SESSION ON S.Res. 84 (72d CONGRESS) A RESOLUTION TO INVESTIGATE PRACTICES OF STOCK AND S.Res. 56 and S.Res. 97 (73d CONGRESS) RESOLUTIONS TO INVESTIGATE THE MATTER OF BANKING ᏢᎪᎡᎢ 16 National Securities Exchange Act (continued) Printed for the use of the Committee on Banking and Currency CONTENTS Page Backus, Edward W., Minneapolis, Minn__ 7645 Black, Eugene R., Hon., Governor of the Federal Reserve Board, Wash- 7415 Butcher, Howard, Jr., president of the Philadelphia Stock Exchange, 7455 Chinlund, Edwin F., representing Controllers Institute of America, New 7491 Healy, Robert E., chief counsel Federal Trade Commission, Washington, Redmond, Roland L., attorney for the New York Stock Exchange....... Roosevelt, Archibald B., president of Roosevelt & Weifold, Inc., dealers in municipal securities, New York, N.Y., and George B. Gibbons, presi- dent George B. Gibbons & Co., Inc., municipal bond dealers, New Smith, Tom K., Assistant to the Secretary of the Treasury, Washington, Thompson, Eugene E., president of the Associated Stock Exchanges, 7470 Untermeyer, Samuel, attorney at law, New York City--- 7703, 7731 ----- 7479, 7537 EXHIBITS Telegrams to Senator William Gibbs McAdoo___ Telegrams to Senator Phillips Lee Goldsborough_ 7411, 7412 7437 7437 Report of the committee on bank reserves of the Federal Reserve System Letter to Hon. Duncan U. Fletcher from President Franklin D. Roosevelt- 7577 Telegram to Senator Phillips Lee Goldsborough from Jacob France---- 7578 Telegram to Senator Phillips Lee Goldsborough from the committee of put and call brokers and dealers in the city of New York.. |