...bank credit fall into fewer and fewer hands. The banking system of this country has in the past relied for its vitality on vigorous competition by a multitude...locally organized, locally financed and locally managed. As I pointed out in detail in my statement this week before the House Committee on Banking and Currency,...

...especially for smaller enterprises. 2 Moreover, the present degree of concentration is contrary, I think,, to the fundamental premise that the banking system...organized, locally financed, and locally managed. Unlike other countries, such as Great Britain, Germany, and France, where a few mammoth institutions...

...commercial assets, the first 4 banks 60 percent. The present degree of concentration is contrary, I think, to the fundamental premise that the banking system...locally organized, locally financed and locally managed. For independent banks provide a much healthier basis for effective community organization than does...

...banking business by fewer and larger financial institutions. I urge the House to approve this bill. Such concentration is contrary to the fundamental premise...organized, locally financed, and locally managed. For unlike other countries, such as Great Britain, France, and Germany, where a few mammoth institutions...

...overbanked communities. Such concentration is contrary to the fundamental premise that the hanking system of the United States should rely for its vitality...organized, locally financed, and locally managed. For unlike other countries, such as Great Britain, France, and Germany, where a few mammoth institutions...