, 1881-08-17
BANKERS CONVENTION,

cntcd-secrot Xtnpa Talton 10 IInva
tho yvar-Tnxcs Abollsl.cil,
NIAGARA FALLS, N. y, Aug. 14.-While
little nppcars OIL the surfaco rs having been
accomplished by tho Convention az tho
American bankers Association, Which l,as M
Just Drought It's Ihbors 10 close, III reality
the gathering Inns been undoubtedly pro-
duct[ye of ,nucl, good to the bunktue inter
asst of the country ''''0'
viewing us ConSentio1,' however, IN the
practical light Of Whnt 1t Inns accomplished.
tllcro is certainly room for argument rs 10 Its
usefulness. ,, , The majority Of, Of the papers
full Of interest 10 thc localities to which they
referred, hut tho value OF tfleln to tho Nation
at lnrse IT. must BE- admitted 9s sa'
~, a.ar.. oo s ,, uu ,.,,,,.I. ~
tho cateeory OK sach papors tiose when re-
forred to tile lumber trauo III al'cl'iga1l' tho
Hu,lulo. and q fow othars Of equally locnl
,anar - +-o,n a,n,,s, ,vi,l,o,,t oyc"mtior ] " tho
,nnor, ,naso ~ iom tat ,to roo.,p thom,
lapcrs were 10 ,onG tas y. o @ leu.is " tnel,
discussing questions of vital interest to
themselves. Thn cn,ntrv. l,ownvur. Inns In
ii,nr,r N,o rorvnnt,n,, for tr,o filings, n Svns
tH a,o cenyuuo ~. H. so ,,1I !ks ~ w..s
WINDOWS clear and concise summary OF tile
operations OF the Trcusuryln councctoli witt,
tic National debt since tllo present Atlmf,is-
tra,iom m cnmn n,o % nnwor @ nv mt, T. n,sn hro,,nI,t
forth IN alle paper on banking A1td tlio cur
rency Of the country from John j. Knox,
GpMtr0llcr OF tllo treasury.
Ing which, Il they gre PIT Into effect, It iy
tli0llRllt Wlll provo benGiicinl to Tug 0ankinE
| community Mt least. THO first Of these was
he etaoptton, ,1o o. reso,gsio reqHestihg tle
!ot gold coin Or bullion ;!n Mny Of the Sub.
IseasareS n sums % 1f ~ !csS tl!ail Ply, t.
issle @ certificates % therefor. The request IS
n,aao simply as Mnster OF convenience,
circulation: A. present t9ns of gold arc
moved daily III Now York Ill adjusting 9n!-
anees. aiio tue onJect ~ 70 a9 away WIN tnls
necessity BY tite transfer Or depos3t Ggrtitl. w
Secretary Of Tug Treasury comply with THO
cates rs 4 means Of trausportlnE:gola. They
en- 10 sent ,s tr9HSg tSgg e a IT. fe est
cypress + not only costly, but lneonyse,nlont.
Tic sccond point .ga.lnctl was the adding to
cosiltHtioH of tho a,,aas Associatn @ pro
nEers wG III over y Z e counry rou fr
theft and robbery. ltts proposed ll,at when II
2 confidence iian. Tor INSTANCE, slccceas III
aefrnndtng Dhllk. tuil particulars nf tno
sas fsssss S s mses aefsfe!S bs q se
wardea Il, tho Secretary ln New York. It's
to DO the duty or tint 0i1lcial to t0rWari a
SYNOPSIS OF tho report 70 esefy Oat1K III l!l0
country, at the s9n,e tlmo c0ncenllil9:, the
mime 0f the Institution tlefra!ltlgs!, Three
officers arc TO ba appointed. the l,lhkoft0!l
! Ngehey wns suEgest1a, to tiYest'gate a'l
crlines, and Whei. ttetcctlon onsues 10 cont
promise u to bo permitted, whether Tho
offender ba colnMo'' burglar or man
having polltlea! atld social influence.
Although, ns ll!s already nGen % sa!ta, ul9
amounted 70 great deal In graeti.sal result,
much ns been uone by the EXECUTIVE Coull-
ell which Its members assert VIII go far to,
ward accomplishing the most ellorlslhe'l
Executive Council was, during the days. Ut
tho Convention, tn nl'n0sk colistatit session,
and Its proceedings were surrounded VIII!
grent secrecy, TlU Convention was regarded
moro lis social than business meeting, and
care WIS taksl, to nIlow nothing to 60 bHfore
Il but thal which Ind been fully considered
by tho Executive Council. HaMkers Aold
questions, and 1t was felt safer to
sAiother discussion on certain potnts
rathor than to takg tho chal!co oI tne
.tLtx IL. zE.-tL 4tEurS U1R