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006 -6- THE PRESIDENT: Frankly I don't know. I am inclined to think --- and this answer is off the record because it is just a thought on my part -- that separate legislation ought to be given on that instead of relying on some obscure clause in the Home Loan Bill. In other words, we want everything out on the table. Q You mentioned in your greetings to the Governors on Monday that you favored a unified banking system. Is that in your emergency plan? THE PRESIDENT: That wasn't quite the way I put it to them. What I said to them was that it was necessary to treat the state and national banks the same way in this emergency so there would not be two different classes of banks in this country, and the other thing I said was to try to avoid forty-eight different plans of putting this into effect. Q. Do I understand you are going to keep hold of this banking situation until permanent legislation is enacted? THE PRESIDENT: Off the record answer, yes. Q Your idea is that after getting through the emergency you may get a breathing spell until the permanent program is in form. THE PRESIDENT: Yes, I was coming to that. This is what

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198099
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    "ocrText": "006\n-6-\nTHE PRESIDENT: Frankly I don't know. I am inclined to\nthink --- and this answer is off the record because\nit is just a thought on my part -- that separate\nlegislation ought to be given on that instead of\nrelying on some obscure clause in the Home Loan Bill.\nIn other words, we want everything out on the table.\nQ You mentioned in your greetings to the Governors on\nMonday that you favored a unified banking system.\nIs that in your emergency plan?\nTHE PRESIDENT: That wasn't quite the way I put it to them.\nWhat I said to them was that it was necessary to treat\nthe state and national banks the same way in this\nemergency so there would not be two different classes\nof banks in this country, and the other thing I said\nwas to try to avoid forty-eight different plans of\nputting this into effect.\nQ. Do I understand you are going to keep hold of this\nbanking situation until permanent legislation is\nenacted?\nTHE PRESIDENT: Off the record answer, yes.\nQ Your idea is that after getting through the emergency\nyou may get a breathing spell until the permanent\nprogram is in form.\nTHE PRESIDENT: Yes, I was coming to that. This is what"
}