New-York tribune., 1878-07-25
SAYINGS BANK CO-OPERAIICN.


A SMALL MEETING At sARAroG,-ATrrNpTS AT
uIsTulryc sgcrrCY on SOME PolNTS-AD-
DRFs.rg BY GOyERNOR HARriANfT AND GEN-
ERAL wOoDFORD.
fPROM sFElIAL CORRESPONDENT or fiiE 1bBuhEI
SARAroGi =, July 2i-Thc savings bank meet
ing to-day was affair OF largo expectations an" Si
results IL had been announced that from 100 10 i'o
persons would present. representing nehiD ah III"
prominent savings banks IN NeW-Y0rR CITY ana S'A'e'
ana many from New-EnglaBd, Pennsylvania ana olher
States In fact there not forty persons here IL
was proposed st first 10 hold ule meeting IN the
Town IIoll but the numper assembled was 80
small that il was decided that Pafl0r H mo
United States Hotel would furnish space enough ior to
deliberations. The meeting was private IL Il c"i''"
thRt twenty-five banks were represented, Du the "oi
who are MANAGING tho affair to give the names OF
the banks or Of the persons who represented the ihey
say that some ot she oder officials from 1he couhiy
banks do not wish to have the names ana the details
given to the public until the movement mas ma1e nvIe
progress. ana taken more compete ior"' "
Is certainly not impressive at present oOhe
oi the Oldest and largest savings banks IN
NewYork City and state look very comhy oh
tne effort. Several OF them have the impress
on that the scheme s intended bolster up the weaker
banks but this the orginaors strenuousy deny Ihey
that th"y have purpose OF interfering Win io
financial affairs OF the banks The constitution whch
was brought forward IN the meeting to-day, declares
that the Osed NcW-fO Ofk SdFlhgs bdhh h7soo""'"
will aim to promote tho usefulness and security OF the
banks by cooperation in the intelligent carving out OF
the souDdest principles which underlle the system.
The Hon. c. r. Lee, of tine Erie County Savings Bank,
of Buffalo, presided the meeting to-day and r.. r.
Dawson. OF the Onondaga County Savings BANK OF
Syracuse, acted secretary. Bradford Rhodes Oh
NewYork, made report as secretary OF tne oreImal
committee, which bad this movement Ia charge' iho
report principally III regard to the pIeVahR IGI-
ing the subject OF savings bank OIganzi'i9b, Mr,
Rhodes claimed that all the banks were desirous
OF some form OF cooperation, though tney might
differ as to methods. It was decided thst mo
submitted to the savings banks Of the state for
their approval. When majority OF the banks shal
adopt the constitution and bylaws formally Is stated
that ne association Is intended to influence leg sia-
Rhoies-it will seek project All the good IN savings
banks and eliminate all tue bad, so far as possible.
Governor HaItTanrt, OF Pennsy lyania, made an ad-
dress ON saving, banks in that STATE, subject 10 whch
he mas gwen mucn attention III LIS 8nnuhI IntSs"Sts ie
reviewed recommendations wbich ne had nhte ana
described TIE present c9dit on "i e tnH9 .tG ~
ten of Pennsylvania His Work III promoting proNHen1
SAVINGS banks dwell upon 10y hun one vi Tie gen,
tirmen urt sent said Governor HaIanfI had stated
that Is cent OF the sayIIEs Dahk assets 10
yln.a used in dseounilng paper IHs lhlOfmd'ioh
was received with surprise -
United states DisiIlct-Attorney Woodford Of New
York. made general address on the province anu Guc
tons Oi savings banks BOth Governor nafiihuit nh
General WOodtOrd hdd undoubtedly eHpcct'u uucu
Theatre for tneir addresses. Until to-day IL was
intendcd that the meeting should De punhc, pnt
"A passion for privacy So, med To seZ" the Ddhk ohI-
ciais, possibly IN order taL tey mig ANod an? opot
tuny counting thoT numbers III was ASSERTED lndt
several prominent banks winch sent 40 men did senu
letters but could be learned mat these letters
committed the banks to active pdfuclpdJlOL Ih lie
movement. 1he BOwcrv, Citizens. metropolitan ana
Manhattan among the New-f9rh Ciy DanAs lePfs-
seuIed; the Bank for Savings III BcCch6I-st, ana s'F-
cIai OleT ga!!ng banks were not Inc PIesidch' Vi
the SeameD'S Bank sent letter
state committee U seven on constitution ana Dy laws
appointed by ho meeting ana ts e9mn,raf m WI
OF The banks IL obtained