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" Left unchecked, the trend toward the combining of banking and business could lead to the formation of a relatively small number of power centers dominating the American economy. This must not be permitted to happen; it would be bad for banking, bad for... "
The Financial Institutions Emergency Acquisitions Amendments of 1986 ... - Page 176
by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1986 - 204 pages
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Bank Holding Company Act Amendments: Hearings, Ninety-first ..., Parts 1-3

United States. Congress. House. Committee on Banking and Currency - 1969 - 1706 pages
...legislation, I am also aware of his keen interest, as evidenced by his statement on March 24 when he said : The strength of our economic system is rooted in diversity...must not dominate commerce or be dominated by it. To protect competition and the separation of economic powers, I strongly endorse the extension of Federal...
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One-bank Holding Company Legislation of 1970: Hearings, Ninety-first ...

United States. Congress. Senate. Committee on Banking and Currency - 1970 - 710 pages
...between the suppliers of money — the banks — and the users of money — commerce and industry. "Left unchecked, the trend toward the combining of banking...Banking must not dominate commerce or be dominated by It "To protect competition and the separation of economic powers, I strongly endorse the extension of...
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One-bank Holding Company Legislation of 1970: Hearings Before ..., 91:2-

United States. Congress. Senate. Committee on Banking and Currency - 1970 - 1480 pages
...calling for the enactment of bank holding company legislation. In that statement, the President said : "The strength of our economic system is rooted in...must not dominate commerce or be dominated by it." Certainly no one can quarrel with this general statement of principle. Howfer. It is equally clear...
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One-bank Holding Company Legislation of 1970: Hearings, Ninety-first ...

United States. Congress. Senate. Committee on Banking and Currency - 1970 - 770 pages
...strength of our economic system is rooted in diversity and free competition : the strength of our bunking system depends largely on its independence. Banking...must not dominate commerce or be dominated by it. On April 17, 19(i9, in the House hearings, Secretary- of the Treasury Kennedy stated : This trend,...
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Securities Activities of Commercial Banks, Hearings Before ..., Volumes 22-23

1975 - 472 pages
...between the suppliers of money — the banks — and the users of money — commerce and industry. Left unchecked, the trend toward the combining of banking...must not dominate commerce or be dominated by it. This objective is as critical now as it was 5 years ago. We appreciate the opportunity to present our...
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Financial Institutions and the Nation's Economy (FINE): "discussion ...

United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1976 - 900 pages
...between the suppliers of money — the banks — and the users of money — commerce and industry. Left unchecked, the trend toward the combining of banking...must not dominate commerce or be dominated by it. To protect competition and the separation of economic powers, I strongly endorse the extension of Federal...
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Hearings, Reports and Prints of the Senate Committee on Banking, Housing and ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1976 - 1160 pages
...could lead to the formation of a relatively small number of power centers 29_/ Senate Hearings, p. 172. dominating the American economy. This must not be...must not dominate commerce or be dominated by it. 30/ The Conference report accompanying the bill which was enacted into the 1970 Amendments also discussed...
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Brokerage and Related Commercial Bank Services: Hearings Before the ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities - 1976 - 1168 pages
...could lead to the formation of a relatively small number of power centers 29/ Senate Hearings, p. 172. dominating the American economy. This must not be...must not dominate commerce or be dominated by it. 30/ 'he Conference report accompanying the bill which was enacted .nto the 1970 Amendments also discussed...
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Securities Activities of Commercial Banks: Hearings Before the Subcommittee ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities - 1976 - 472 pages
...rooted in diversity and free ocrv.'ptition; the ntrerigth of our banking system depends largely oii its independence. Banking must not dominate commerce or be dominated by it. To protect competition and the separation of economic powers, I strongly endorse the extension of Federal...
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Hearings, Reports and Prints of the House Committee on Banking, Currency ...

United States. Congress. House. Committee on Banking, Currency, and Housing - 1980 - 1434 pages
...tconomic system is rooted in diversity and free competition; the strength of our banking system depend! largely on its independence Banking must not dominate commerce or be dominated by it." T» Conference rapon accompanying the bill which was enacted into the 1970 Amendments also discussed...
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