HEARINGS BEFORE THE COMMITTEE ON THE JUDICIARY HOUSE OF REPRESENTATIVES SIXTY-THIRD CONGRESS SECOND SESSION ON TRUST LEGISLATION Serial 7-Part 21 STATEMENTS OF MR. JOHN T. MANSON AND FEBRUARY 24, 1914 WASHINGTON COMMITTEE ON THE JUDICIARY, The committee met at 10.30 o'clock a. m., Hon. Henry D. Clayton (chairman) presiding. The CHAIRMAN. We have with us this morning Mr. John T. Manson, of New Haven, Conn., who desires to be heard on some of the pending antitrust bills. We will be glad to hear from you at this time, Mr. Manson. STATEMENT OF MR. JOHN T. MANSON, PRESIDENT OF THE YALE NATIONAL BANK, NEW HAVEN, CONN. Mr. MANSON. Mr. Chairman and gentlemen of the committee, in a short time and in a very few words I wish to lay before you a situation in New Haven, Conn., that I believe is no different than exists in many cities and towns throughout the country, especially away from the large commercial centers, and to point out the damage that would result if the interlocking directorate bill, as proposed, becomes a law. New Haven has a population of approximately 140,000. It has 15 banking institutions, three of them mutual savings banks, under State laws, with deposits of about $35,000,000. These mutual |