San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1893-06-19
BANKERS IN CONGRESS.
They Will Show How Prosperous
the Country Is.

CHICAGO, June l9.-The Worlds
Congress auxiliary will devote
this week to the department of
commerce and finance. This de-
partment includes six congresses
banking and finance, boards of
trade, stocks and bonds, water
commerce, railway commerce and
insurance. The delegates to these
several congresses are expected to
assemble today, and the opening
meeting of the department will be
held at s o'clock this evening, at
which there will be addresses by
the president of the Worlds Aux
Hilary and by Lyman j. Gage, of
| the First National Bank of Chi
cago, welcoming the delegates and
outlining the general scope of the
subjects to be discussed.
The congress of bankers and
tinanciers is in charge of the follow
ing committee: Lyman j. Gage,
chairman George p. Schneider,
vice-chairman John j. p. Odell,
| Orson Smith, f. G. Keith and Clin-
ton B. Evans. 1t will hold two ses-
sions each day.
| Notwithstanding the recent bank
| failures, the generally confident
| condition of the banks of the cOun-
try has been shown by the fact that
over 1000 acceptances of the invita-
ton to attend this congress have
been received from prominent
bankers throughout the Uni
ted States, Canada and Eu-
ropean cities. 1t will be
held in the Art Institute build
| ing on the Lake Front. Special
delegates to this congress have
been appointed by the governors
of forty states and territories, who
are each prepared with an address
| descriptive of the banking and
| financial resources of their respect
i've states. Representatives will also
be sent to this congress by the
banking department of each state.
1t is also expected that James H..
Eckels, comptroller of the curren-
cy, will be present. The clearing
houses of the country will also be
represented at this congress.
Further than this, there are now
in this country twenty-siX associa-
| tions of bankers for attaining OBJ
jects useful to the banking inter-
ests of the country. Among them
| is the American Bankers associa-
| ton, which includes as members
banks from all over the country
/ without regard to state lines, while
the other associations in each case
| comprise exclusively the banks of
some particular state. Each of
| these associations will be repre-
scented at this congress by spe-
| cial delegation of five or more. 1t
is expected that from conference
among these delegates there
| will spring up an inter-
national association of bankers, in
Guiding all these associations and
| several similar associations in for
| eign countries. Senator John Sher-
| man, of Ohio, will open the con-
| gress with an address of welcome
to the delegates who have assem-
bled from all over the world. 1t is
| expected that A. j. DreXel,i Levi p.
Morton and j. w. Daniel will be
present.
Then will follow the introduction
to the the congress of delegates
from foreign cOuntries-England,
France, Germany, Austria, Russia,
Italy, Belgium, Holland, Japan
China and other nations. Each
delegate will, it is expected, take
the opportunity to enlighten the
congress upon the banking sys-
TENS, methods, resources and
finances of his own land. These
will be followed by other papers
and addresses upon a general
monetary and financial topics.
During the progress of the con-
| gress there will be several confer
| ences of experts in particular
branches of banking and finance.
First-A conference of delegates,
appointed by the governors OF the
several states and territories and
Canada, to compare banking sys-
| TENS, methods of business, bank
| ing resources and general invest
ments peculiar to each.
| Second-A conference of dele
gates from bankers associations in
the United. States and Canada, and
also from bankers clubs. A dele
gate from London Institute of
Bankers is expected. Each bank
ers' association will send not more
than five delegates. The discus