New-York tribune., 1894-04-21
MR.. ECHELS MEETS B1NhERS
THE CONTROLLER WARMLY CONGRATU-
LATES NETWORKS FINANCIERS.
4 STRONG DECLARATION FOR HONEST MONEY
\ DINNER TO TIE CONTROLLER

DINNER TO TIE CONTROLLER
LAST NIGHT
Abou, one hundred prominent bank presidents,
bankers ana officers Of trust companies at'en'
the reception given a; the Gearing House oAceS a'
Nassau and Pine sis yesterday afternoon 10 James
II Ecke.s Controller Of the Curr 'ncy. ny i"" \e"-
York Clearing House Association. George 9. W
Jams president OF the Chemical Natl'n3i hihh ava
n-es.den of the association. was In the chair ana
introduced Mr. Eckels in graceful speech. c'hI'-
nen;inc him upon the excellent work be IA ''he
in hts office notwithstanding his youth. NJ kckel'
IN reply expressed pleasure AT the opportunity 'i
being abe 20 meet many bankers whom p" h''
heretofore known oH.y through the MEDIUM OF ON
cial communications He aid that Il was eSseh'ai
for the good Of all that between the officers oi me
Government charged with the supervisory control
Of the institutions organiZrd under the Naiona'
Bank act and those active IN the management ol
thtm as well as all other bankers. there shoull
exist mutual respect and confidence ~ me past
such had been the relations, and be trusted that
they should continue 50 in the future MI hcke.s
went
In every great emergency which has confronted
the country. threatening both pubic ana pTiva'e
ciated banks in his city have contributed by wise
and Timely action. thcr fun nea ,urc pi
aver.Ing s,ill more serious disaster not ioss than
making ready market for bonds compelled by ih'
exigencies Of circumstances 70 De ISSUED py u'
General Goverrment. none WI deny t. ihcn an, an
other ana kindred Institutions % New ork cr"lli
which tust.y belongs 10 them. II cannot nut
be a source Of Congratulation 10 us al tHdt r'Spl'
the continued but steadily lcssening s'agndton ~
business circles the conditions IN our hninc!aI
world have materially changed within IN" months
just past. No one. either a home or aofoal no"
doubts that the Governments honor VIII be
iealousy guarded. its credit honestly maniainc!.
and IT'S obligations met 80 coin current throughout
tho civilized world. The fear Of our reaching a
monetary standard Of va,uc inincal 10 every hhsi
ness interest OF the country happily has passed
away. 1t was reduced a minimum wn"n the
erased from the statute books; IL completely
barished when the President nterp1 sed the Execu-
tive veto Of the Bland SegniOragc bill.
Mr.. Eckels was warmlY appiauded. When he hai
finished the bankers crowded up 70 the new con
trollcr and cordially shook his hand The speech
of the Controller was gratifying 70 ihe bankers 49,
a reflection Of the views of the Administration. both
in pr0nOuncng emphaticaily for sound financial
policy and In expressing appreciation Of the action
Of the financial institutions IN saving he %N,Vh10
loan from failure
Last night Controller and Mrs Eckcs
tertained at dinner at the Metropolitan club by Il
number Of NeW-YOrk bankers. Among those who
were invited to meet the Controller and Mrs Ectcis.
most OF whom were present. were Mr.. and Mrs.
Henry W. Cannon Mr. and Mrs. George q. VIII
Jams Mr.. and Mrs 4. Il. Hepburn, Nj and Mra.
!. Edward Simmons. Mr.. and Mrs Frederick i.
Tappen. Mr.. and Mrs William \. Nash, Mr.. and
Mrs. f. H. Perkins, ir.. Mr.. and Mrs. George +.
Baker Mr. and Mrs. Brayton Ives, Mr. and Mrs.
Thomas L. James. Mr.. and Mrs. James g. Cannon
and Mr. and Mrs II. c. Fahnestock