CABLEGRAMS AND WIRELESS
U.S.A. BANKS. [by CABLE PRESS ASSN. COPYRIGHT.] WASHINGTON, January 25. The Senate, by 54 to 9, to-night passed the Glass Bank Bill. The inflationists, led by Senators Long and Wheeler, were completely routed. However they expressed the opinion that the Bill would be defeated in the House. The measure is intended generally to strengthen the national banking system, and to remedy those conditions under which over ten thousand banks failed during recent years. It gives the Central Federal Reserve Board greater control over the members’ banks. It divorces the banks and securities affiliation, and limits the reserve funds available for speculative operations. STOCKBROKERS’ STRIKE. PARIS. January 26. Satisfied with having brought their grievance to public notice the Bourse strikers resumed at noon. BOMB AT CAIRO. CAIRO, January 26. Recalling last year’s succession of bomb outrages, including an explosion in the grounds of the British Residency, an unexploded bomb was found to-day at British military headquarters, Cairo.
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Greymouth Evening Star, 27 January 1933, Page 7
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159CABLEGRAMS AND WIRELESS Greymouth Evening Star, 27 January 1933, Page 7
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