The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-04-08
Its Case Is Amazingly
Stronger Than Com
planning Cities.
IN
HOT WAR OF WORDS
Virginia Representative, Answer
ing Attacks on Committee by
Mann and Linthicun, Up
holds Selection of Regional
Bank Centres, and Denies
Advance knowledge.
Especial to The T,mes-Dispa.c

Especial 10 The Times -Dispatch.l
Washington. April THE proceed
ings OF the House OF Reprcse natives
the introduction of three-cornercd
hot war of words over the selection Of
Richmond as Federal reserve bank
CITY "hich was engaged III by Con-
SrcSsildn -!nthicun. OF Baltimore; Re
publican Leader Mann. and Congress
man Garter Glass. OF Nirpinia
The verbal warfare is to be con
tnued Tomorrow as soon as the House
meets, as Congressman Glass intends
to make a speech on the subject. ana
ne may be followed by Congressman
Montague
Leader Mann precipitated the discus
sioh Dy stating that there Is universal
complaint throughout The country he
cause OF the cities ana districts laid
OUT by the organization committee.
Mr.. Mann charged that partisan po-
ilt!cai consideration had been allowed
70 play large part in the selection OF
lhc reserve cities, and expressed sym
pathy lor the country If politics is 10
be Injected into its financial opera
tions.
Baltimore Disappointed
Mr.. Mann was Interrupted by Mr..
L!h'hicuin. Of baltimore. who graspcd
.nc opportunity 10 say few words for
The cdiiicatiOn of his constituents nv
Icnounc!ng the selection OF Richmond
hnu An, n,sser,ins that Baltimore should
nave been named instead
ne members OF the board. how
eyer. are probably satisfied said Mir.
Mhnh. secretary McAdoo receives
bank In New York; the Comptroller
OF the Currency. John Skelton Wi
inmS. receives q bank in his little CITY
.Nlchmondl, and The Secretary Of Ag-
in his State.
We believe that this board was gov
erEeu TO large extent by partisan
tons. The only way That belief can
hc removed Will be by the future cor
,nn,:.d GuGt of the banks. If Il, can be re-
.aE Tor ihiS country when gentlcmcn.
through Legislation, have infected nnli'
al,,, cIuS in,o me iinancial operation Of the
country. MI that has been done up To
/ nov apparently has taken politics into
consideraiion We hope il will NOT
My ,distingushcd friend from yir-
Einia MIR, Glass. for wnom hnyc
hlgh regard, said that he had moi on
,n.,f ,.o, "reo 10 influence the board In SO
,,., lec,inS these locations. J do not sun
pose that he did. and Yet. if recall cor
rsctiy; weeks ago my friend said that
one on. OF nc banks would be located in
nond and be surrounded hy a dis,r,',
containing Larger and much more i'm.
portant cities" 81"
Interruptinc the Rcnublinap Ic,do-
NJ, NJ. h!.tSS said: Il positively made no
,yn,,,I yurn staiemcnt Yemen, nor said anything that
such declaration to me 'p'iE
Mr, Mann; Did not the eeutlcmu n
- .'T Spccch lhree weeks ago assert
that Richmond would be given one or
these ba0ks"' o'c oi
Mr. Class; II positively made no such
hasseFti"n repeatedly said that I
noptu isiChmond would get one OF tho
pahhs. Eut, as n matter Of fact, my
original interest in Richmond as a point
i, ii' Is, - rssefoe n2nk was prompted pure
~ ny state pride, rather than by any
conviction that Richmond shnulj baWe
| one one of the banks. However, when
Richmond's case was presented To- the
f,r.
amazingly and incomparably stronger
/ man man the cases OF some OF the other
hot getting bank. that I felt conf
gent the organization committee would
RiGhmo0G lHShrG 0ae S5d Of The reserve hanks at
ton"
Mr.; Mann: "If the gentleman from
/ am very sorry that l called the a;ten
ton OF the House to an erroneous
Mr.. Linthcum then served notice that
baltimore Is not satisfied with the re-
serve bank location, and made short
speech in an effort to explain why BAL
tiinorc was much more suited for n re
serve bank than is Richmond
10 not want 10 sit idly by and let
timore is satisfied with these loca tons
feel that certainly we are entitled Ia
one OF these hanks; said Mr.. Linthi-
in Southern securities. ana do an i'm :
incnse business with the entire South
Ever since the Civil War, the South ha 5
looked TO Baltiiporc as its financial
centre"
lsichmOnd's Dealings with South
Mr. Linthicum was INTERRUPTED AT
this point by Congressman Glass. who
by questioning AIr. Linthicum. secured
his admission thai Richmond has loans
and securities out to the Southern
States Of $4,000. .00h compared with
only s6.000.000 by Baltimore.
II think that city of 100000 people
should have some consideration over n
city of only 1876, GEO." continued Mr
Linthicum.
Minority Leader Mann then asked
Continued Or Third PageD