New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-14
NEW-YORK BANKERS MEET.
THE BALTIMORE CURRENCY PLAN FA-
vORED IN THIS STATE.
REPORTS RECEIVED AT A CONFERENCE AND
RECEPTION HELD AT THE WINDSOR HOTEL
coNur or THOSE PRESENT

RECEPTION HELD AT THE WINDSOR HOIEl'
SOME OF THOSE PRESENT.
The second meeting of the Council of Administra-
tion of the New-York State Bankers Association
WAS held In Room No % of the Windsor Hotel yes
terday afternoon. The meeting was called to order
by President W. G. Cornwel Of Bunalo other
officers present were H. c. Brewster vice-president;
James G. Cannon, treasurer: Charles Adsit, secre-
tary The following council groups were repre-
scented: No. !. A. d. Bssel Buffalo; NO = w D.
Ashley, Rochester; No 3, Seymour Dexter Elmlra'
No 4 ex-senator George b. Sloane Oswego' NO o.
]. H. De Rdder Saratoga: No. 7. C. A. Pugsley'
Peekskn: No. s. J. G.. Jenkins Brooklyn, and NO
O. j. NJ Donald. New-fork
"A Uniform Report for Bank Customers" was
subject that was generally discussed. W. c. Corn
we'll Seymour Dexter and J. G. jenkins were ap-
pointed a committee to formulate uniform state
ment for bank customers.
Reports showed that the bankers throughout the
State approve the proposed National bank currency
system formulated by the American Banking As
ISOLATION at Baltimore October 10. the substance
OF which IS TO allow the banks to issue circulating
notes the amount of 80 per cent OF their paio up
unimpaired capital. subject 10 tax of one-haif OF
per cent per upon the average amount OF
circulation outstanding for the year, ana an au-
ditional circulation of % per cent OF their paid up
unimpaired capital subject both 10 the tax OF one
half OF l per cent per annum and to an additional
tax per annum upon the average amount OF such
circulation outstanding for the year; said additional
% per cent to be known as Emergency Circulation.
II was brought out that the President in his for'h
coming message is expected to take up the cur
rencv problem as outlined in the Baltimore plan
and the groups have been requested to discuss MS
recommendations as as the message Is issued
The groups will meet about December 10.
The meeting lasted from o'clock till s. after
which there reception IN the parors OF the
hotel Among those present were Governor Flower
NJ 7 Nuhleman Assistant United States Treas
urer: William Kemp president Of the Mutual Ma
tional Bank Troy; F. W. Barker. cashier Robert
Gere Bank Syracuse: d. A. Avery. cashier second
National Bank, Utica; r. c. Preuyn, president Ma
tional Commercial Bank. Albany. Among the New
York City bankers present were John 5. Mclean
president and William A. Halves, cashier. Green
witch Bank; Alfred c. Barnes. president and John
r. Perkins asher. Aston Place Bank; George d.
Meeker. cashier, and G. s. Whitson assistant
cashier National City Bank; Isaac Rosenwald.
president and J. D. Abrahams cashier. Southern
National Bank; W. s. Griffith cashier Columbia
Bank; Raymond Jenkins. vice-president East River
National Bank: Edward p Steers. president ana
Isaac A. Hopper, vice-president, Twelfth Nard
Bank: John McAnerney, president, and George W.
Adams cashier Seventh National Bank; George +.
Vail president. and William J. Worren, cashier.
Fourteenth Street National Bank: George r. Rich
ards. cashier Hide and Leather National BANK;
Frederic B. Elliott. president and p. Snyder, cash
Ter Hudson River Bank; Henry c. Tinker. presi-
dent, ana James CHRISTIE, cashier, liptrty ->dtoiai
Bank: Edwin LanglOn vice president. Charles >
Young. cashier. and Lewis : Lee. assistant cashier,
Central National Bank; William P. 81. John. presi-
National Bank August Prentice; president Bank
ham National Bank; Scott Foster, president. Will
lam Mine. cashier. and George a. Zabriske. assist
p pns SSSe John f2 Asne% %"S and Ad
H. Timps3n cashier Sentimental Navoma B Ian
Charles Fapcher president Irving N ,a0
ViCe-DrcSident, '.
sstan; cashier. Merchants Exchange National
vice-president. and Edwin 5 schenck, cashier, Ham
ton Bank r. l. Edwards 1Teen' BsnK 9 ths
Manhattan Company; c: II ingalls,. president, T. r.
spda SaShlsr csrsr pSesden G. n stout cash
Ter. National Bank of the Republic; General Thomas
Talcott Van santvoord. assistant cashier. Lincoln
National Bank; F E. Ptkn. president and p !.
dent Frank Dean cashier and samuel Wolyer,on.
sssan c1sher Fn AyenHf Ean9 W. VICE. H.
president and R W Pq9r cashier Garfield ma ma
T II ii Hopkns cashier. tinted states National
Bank Ellis II. Roberts. president. Charles Fl F
cashier, Franklin National Bank William H
Perkins, president, and W y Bennet assistant hra
assistant cashier Hanover National Bank; Isaac
Howand cashier New-York National Exchange
Roberts. cashier. Empire State Bank; Ebenezer
vice president Fourth National bank; William H.
cashier. Mount Morris Bank; F. S Mason. presi-
York; F. D TaaPpen, president Galatn National
Bank: Henry W. Cannon, president. and James
T. Mills, jr. cashier Chase National Bank; j. Ed
ward Simmons. president Fourth National Bank.
Twelve members OF the New York Banks Glee
Club under the direction of II. r. HUMPHREYS.
furnished vocal music during the reception. The
singers were E. ID. Jardine ". f. Spencer, 4. d.
Connally Augustus Kingsland. George A.: Chap
man, Herman frost jr;: G. c. Butler Albert II.
Loweree. Winthrop c. Sibey DR.. Harry Finkle
stone. W. p. Silbernagle and Joseph Hamilton. The
Reception Committee was composed Of Messrs.
William p. ST. John, chairman: James Christie
and j. T.. Mills. IT.
After refreshments were served Governor Flower
was introduced and said. among other things:
Take my advice and never NEEDLE with politics
While | have been Governor of this State the
banks were shown TO be stronger than was ever ex-
pected I'm very glad you got over that panic of
last year, and yet you were responsible for more
than half OF II, you wouldn't loan anybody
money-not even a broker ! love the people Of
this State. They are great people. I'm sorry
TO say some OF them do not return the compliment.
Great laughter) When | left my office three
years ago, did not enlist for the whole war, and
expect to return to the ranks of those who in
business and TO swear at the Governor you do.
Gaughter) believe that the time is coming
coming There is a wave of good feeling and pros