Evening star., 1936-07-21
.LANDON CONFERS
0NBANK|NGLAWS
Discusses Currency Matters
With Ohio Legislator.
Prepares Speech.
ey the Associated Press.

ey the Associated Press.
TOPEKA, Kans., July Ala survey
looking toward "simplification and
Improvement" of Federal banking
laws was projected by Representative
John B. Hollister of Ohio today as
possibility If Gov. ALI M. Lsndon wins
the presidency.
Hollister, the ranking member OF
the House Banking Committee, con-
ferred twice with Landon yesterday
as the Republican candidate put
finishing touches on the 3,500-word
address in which he will accept the
nomination Thursday night. At the
conclusion of the talks on banking
and currency, Hollister said in a
statement:
Il was particularly interested to
talk over with him the matter OF nom
partisan commission of experts on
banking to begin as soon as possible
basic study of all our Federal bank
ing laws with view to their simplif1-
cation and improvement.
1.-THE operation of our national
banks, of the Federal Reserve System
and of the Federal Deposit Insurance
Corp. are closely inter-related, but
frequently laws governing one OF
these establishments are passed with
out proper consideration of their
effect on others, leading to conflicts
and antiquities. In addition, eX-
perience has shown us that there are
many ways in which banking may be
improved by additional legislation
AIdrich Commission Cited.
The Ohio Republican said the COM
mission might well be patterned after
the Aldrich Commission" of 25 years
ago, "out of whose deliberations the
Federal Reserve System arose"
HolEster said he and Landon also
discussed the various currency ex-
perimentS of the Roosevelt adminiS-
tration," "the disadvantageous effect
of New Deal monetary policies on our
international trade and on business
generally" and "wasteful Govern
ment expenditure" whose continual
unbalancing of the budget not only
weakens the position of the Federal
Reserve Banks and member banks,
but also brings nearer every day the
fear either of currency imitation or
unbridled credit imitation"
Il found Gov. Landon to be very
we'll informed on all these subjects, -
Hollister said, mot only with respect
to their legislative history, but in their
bearing on our present national
problem"
Gov. Landon welcomed his family
home today from Colorado vacation.
Family Members Return.
Returning from Estes Park, Colo,
were Mrs. Landon, her mother, Mrs.
S. E. Cobb; the Governors 19year-old
daughter, Peggy Anne. and the Gov
ernor's father, John M. Landon. The
two small Landon children, Nancy 10
and Jack, were left with their nurse
at the ranch near Estes Park, where
the family will return the day after
the notification.
A close adviser said Landon's ac-
ceptance speech would deal compre-
ISIlSlVely VIII SOIIle lldI1 OOZeIl VI ILlS
major issues Of the day, giving his
general views on others and leaving
some for detailed discussion later. He
said there would be mo bitter criti-
cism of any class or group"
This Landon adviser described the
speech as representing the view of
the plain, average American toward
the governmental problems Of today,
approached with the view that the
American people are entitled to know
where the Republican nominee stands"
Observers expected emphasis to be
given agriculture, relief and employ
ment. and spending, Government and
the Constitution.
His calling list cleared to permit
two days Of relaxation. Landon's only
official engagement was a luncheon
Thursday with Republican national
committeeman and members Of the
Notification Committee.
Myers Y. Cooper, former Governor
Of Ohio, assured Landon yesterday
Ohio would go Republican all the
way down the line"