[John Tower Speech to Savings and Loan Associations about Legislation Affecting Savings and Loan Industry - c. 1973] Page: 1 of 22

-i ifeoo i hal lke to -'-are with you sOm-e
of my thounhts re-ar 1ine the housiri' industry in general,
and your industry in particular. I suppose that one
cannot really separate the two, as the savings and loan
industry has been the backbone of support for the
outstanding progress that has occurred in the past
two years in the homehuilding industry. But the fond
memories of healthy times have been severly soured by
many factors that have surfaced in the nast few months.
At this moment, I should like to refrain from any
discussion of the economy, interest rates, and what we
might expect in the upcoming months in this area, and
touch briefly tinon some matters which the Bankinc,
Housing and. Urban Affairs Committee is presently
consider ins. I digress, because I think that there are
some very important issue , which we are ahout to adont
which will have a direct effect on your operations.
t i 0 3 Onie~ E:. L di , t v 1 Su II i.A Ii
vt 1 v ofl i f T rljA rl n+ n~' "" --+ --rj '-'o ry4,y~
committeete looked closely at what had been propocted,
we founi many items meritorius of further examin tion.

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Tower, John G. (John Goodwin), 1925-1991. [John Tower Speech to Savings and Loan Associations about Legislation Affecting Savings and Loan Industry - c. 1973], text, 1973~; (https://texashistory.unt.edu/ark:/67531/metapth601061/m1/1/ocr/: accessed June 17, 2019), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Southwestern University.

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