San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1893-05-16
BANKERS CONVENTION.
THE MEN OF THE MIGHTY DOL
LAR IN CoNCLAVE IN THE
SUNSET CITY.
They Discuss Matters of Moment
And Weighty Finance at the
New Turner Hall and are
Welcomed by the Mayor
Addresses Delivered.


menced at 10 o'clock this morning,
at the new Turner hall, when it
was called to order by the presi-
dent of the association, A. p.
Woodbridge, president of the City
National bank of Austin.
He invited Dean Thomas Rich
ardson to invoke a blessing on the
deliberations of the convention.
The Dean offered the Lords
prayer and closed with a
touching Orison.
Mayor Paschal was then intro
duced by the president and deli
vered welcome address, saying:
ain the name and by the voice and
sentiment of all of the good
people of this city | bid you, men,
bers of the Texas Bankers assOcia-
ton, thrice welcome, as you came
here with a kindred feeling and
for a purpose that the financial
fabric of this state might be pre-
served and to avoid dangerous
rocks and shoals, of which dangers
the wise and conservative men
here will give warning. | trust
that their deliberations will be
wise and rebound to the credit and
benefit of all of this people. Our
people will do all in their power to
brighten your labOrs and to con-
tribute to your pleasures. Let your
cares, like
"The Arabs softly fold their tents
And silently steal away"
Mr.. r. j. Groce, of Galveston, re-
sponded suitably and not with the
dry details of bankers life, but
was witty at the expense of the
American eagle on the back of the
golden dollar and as bland as the
author Of the standard silver dol
lar coinage bill. He gave brief
review of the history of the or
ganiZation from its Genesis down
to its present chapter of revela-
tiOns and spoke of its prosperity.
His address was poetic and pa
thetic and in it he pictured with
grand imagery, the principal
points of history relating to Texas.
He paid beautiful tribute to the
ladies, and the hospitality of San
Antonio.
The president then read his an
nual message, cOngratulating the
association on its success and the
fact that it met this year in San
Antonio. He then gave brief syn
opsis of the objects and aims of
the association. He declared the
ideal banker to be the one who is
plain and honest. He spoke
of the impracticability of
the free and unlimited COIN
age of silver and basing
it on parity with gold.
He spoke also of national and state
finances, which he discussed at con-
siderable length. He advocated
the establishment and encOur-
agement Of manufactures for the
purpose of manufacturing the pro-
ducts Of the state and giving en-
ployment to the many idle persons,
and advocated the establishment
of a sub-treasury in this state. He
also gave an interesting theory in
regard to the establishment of state
banks.
The secretary, f. NJ. Longcope,
vice-president of the First National
bank of Lampasas, then read an
interesting annual report. This
report showed to the association
that it and it's finances were in a
healthy and fiourishing condition,
it having constantly increased its
membership and extended its in
fluences.
The treasurer's report followed
after which a recess until this
afternoon was taken. Among
those present are the following:
T. J. Groce, Galveston; a. p.
Woodbridge, f. S. Reed, Ballinger;
J. J. Towden, Aberdeen G. A. Levi,
Victoria Goodrich Jones, Temple;
f. NJ. Longcope, Lampasas; Chas.
Hugo, F. GrOOs and a. A. Alex
ander, San Antonio, Ferdinand
Herff, Jr., of the San Antonio Ma
tional bank. Austin, A. P. Wool
bridge and J. Gordon Brown; Bry-
an, L. J. McInnis; Ballinger, A. S.
Reed; Caldwell, William Reeves;
CuerO, Alex Hamilton; Colorado,
r. V. Boil; Cameron, F. F. Hardy;
Crockett, II. F. Moore; Del Rio,
w. F. Woods; Fort Worth, John
II ii