Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-07-22
STATE BANKERS.
The Second Annual Convention of the
State Bankers Association in
Session at Lampasas.
President N. Il. Sigh Delivers an Address
In which He Takes a Cheerful
View of the Outlook.
speolal 10 the eazette.

LAMpAsAs, TRx., July 2l.-The second
annual convention of the State Bankers
convened at the Park hotel this morning.
In the absence Of Hon. j. 7. Miller,
president, N. B Sigh of Galveston took
the chair and addressed the meeting as
follows: "0wing TO the absence of our
president, the Hon. j. 7. Miller, it be-
comes my duty to preside over the de-
Mberations Of this meeting at its second
annual session. In assuming such duty
do so with some misgivings as to my
ability to perform the honorable task
With your assistance and generous con-
sideration / trust we will have
pleasant and profitable meeting. We
meet under the most favorable
circumstances our broad helds
rich with golden grain, assures us that
our millions OF peope will have ample
breadstutfs and cotton fields are be-
ginning to whiten with the promise that
we may have the largest crop Texas has
yet produced, while on our broad prairies
| hundreds of thousands of cattle show that
we not only have enough TO provide this
great state, but enough for millions be-
| yond. Our banks and bankers have been
fairly successful this year, the usual
| ulNluGuuS WIN ONlhB thN
rule. We meet as men representing a
very prominent and useful interest, an
interest properly controlled that will be-
come one of the main factors in building
up our great state. The merchant, the
mechanic, tne farmer, the stock-raiser,
the manufacturer, and any interest that
will help to make county great, all rec
ognize the utility and the great useful
ness of the business we represent.
How necessary it is that we shoulder the
trusts conflded to us, with fidelity and
with faithfulness, and yet with that
broad liberality that we may use within
the bounds only of just discretion and
consideration. The history Of banking in
Texas as we have made 1t since our first
annual meeting shows that such a course
has been the rule, and that the very few
exceptions are those who have departed
from it with disastrous results,
ave come together now to renew our
acquaintance, to meet each other, many
of us for the first time, to have a brief
season OF respite from our workshop, so
to speak.
"The gentlemen of the convention
have been requested to prepare and pre-
sent to this convention such papers
relating to our special interest and to the
general business interests of the state as
they may have been able to suggest. |
trust that quite q number OF you are
ready to respond to this invitation at the
proper time. 1t Is proper to record our
selves as being the friend Of labor within
the limits Of the law, aud to say that be-
yond that safeguard that which we repre-
sent will shrink and hide itself, IN other
words when there is no strife nor at.
tempts to set the laws aside, when the
artisan, the mechanic, the laborer and all
who toll for their bread, are allowed TO
do so, one OF the conditions will exist
that will cause capital to flow and de-
velop and build up our state. Thanking
you for your courteous attention | sug-
gest that we now proceed to the business
Of the convention"
The reports of committees were then
received, and letters were read from
many who could not attend, extending
them best wishes for the success OF the
convention.
Mr.. Weeks read a carefully prepared
paper advocating the suspension OF silver
coinage, and was followed in shor'
speech by Messrs. Longcope, Russell
Sigh and others.
Col. Exall then addressed the conven-
ton faYoring the issuance OF legal-tendel
coin certihcatesin denominations above 81
cents as q solution OF the financial trou'
bles of the country. The majority OF the
bankers disagreed with him on this sub
iaat