New-York tribune., 1922-12-17
d. r. Cressinger
Slated to Head
Reserve Board
President to Send NOmina,
ton Of Present COmptrol
Ter 10 Senate in Next Few
Days, Washington Hears
Howard to Fill Vacancy
Iowan to Represent Farmers,
Capital Believes; Meyer
May Head Currency Board
Fro.. ~. Trsb.nss wasAingfOA Bursoa

Fro,a ne Tribanes WdshBgfoz buTeoa
WASHINGTON, Dec. ls.-President
Harding AZ last has made up HIS MIND
on two Federal Reserve Board appoint
ments that have been hanging FIRE since
midsummer, according 20 reports
.manating to-day from sources close 20
the White House. These nominations
IL is understood, will be sent te the
Senate. early next week.
d. r. Crissinger, Of Marion, Ohio
COMPTROLLER Of the Currency TO De
governor Of the board
r. Howard. Of Iowa, president OF
,he American Farm Bureau Federation
20 reeresent agriculture IS provided IN
the kellogg law passed early in the
summer.
From the same source II was learned
that Eugene Meyer IT,, director Of the .l'.
Way Finance Corporation, proeaoiy
wilI be nominated for Comptroller OF
the Currency 10 succeed hr' Nr's-
singer. -
tion OF Farmers Cooperative Market
inc Association, which wound up It's
sss.ions here to-day, left for home late
IN the day convinced the President has
Sseided on the reserve board appoint
nsnts. Fer the most part they were
satisfed with what they were toio IN
ofieiaily to be the Presidents selee-
tions.
Present Governor Opposed
The President, II Is understood
really desired 70 keep W. Z. u. marc
ing, Democrat, as governor OF Ine
board. There. has been 50 muCn
criticism Of Governor Harding IRON
the farm bloc and from Democrats thst
the President finally was indoeeo 70
let him automatically 90 out of once
when his term expired.
The Kellogg law provided Tor an IN
crease in the membership OF the poer1'
Before the Law was passed the rresl-
dent signihed his WILLINGNESS 70 ap-
point a representative OF agrientuTe
In the authority was granted. NO
sooner had the law been passed than
the organized farmers began quarrei,,
inc among themselves as 70 who shoulo
be named. The President, II IS unoer-
stood, told the national organization
that he would be pleased TO name any
mar they ali could agree upon.
But the farmers could not get To-
Gather. The American Farm Bureau
Federation proposed J. K. Howard
TIE National Farmers Union had an
other candidate, the Milk Producers
bad one and 50 did the Grange. with
a. eyeeption Of the Farmers Union
snd ire Radical Farmer National
CosnsiI. 4 IL said. the farm oIganiEa-
,ions snaliy accepted Mr.. Howard.
Bst the Farmers Union would have
none OF Howard. finally going 70 the
president and saying II would De sat
,shsd with any recognized leader in the
ys-n movement with the exception OF
the Farm Bureau bead.
Meyer Also Mentioned
The President was not inclined 70
an one vacancy at q time. he felt
it.t the farm member must be ap-
nolnted At the same time as the new
governor.
Eugene Meyer jr. was urged by many
for governor Of the board. The Presi-
dent Is said 70 have given him serious
confederation, but finally rejected MIN
chiefly because there already Is one
man on the board from New York,
Edmund Plat, vice-governor. Meyer
through his work as head OF tne
Finance Corporation since the passage
Of the Kellogg sl,0O0,Ooo'oOo agricul-
tural act, has become popular with
most Of the farm organization men, as
well as with business men and bankers