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February XQ, 1938.



llr. Taylor

In accordance with the telephone conversation I had with
you today, I an sending you herewith a copy of the latter I re*
ceived fro* To* Preston, together with a copy of his letter to
Senator Glass relative to the contemplated bank holding company
bill. I aa also enclosing copy of a resolution passed by the
Independent Bankers Association of the Twelfth Federal Reserve
District regarding this same matter.
X ass sure you will find both
structive, even though they do not
who seem to think a death sentence
is so desirable and so much in the



of these documents very insupport the views of those
for bank holding companies
public interest*