The times. [volume] (Richmond, Va.) 1890-1903, 1894-09-20
THE VIRGINIA BANKERS ELECT or
ULCERS ron TIE ENSUING YEAR.
The Ten Per Cent. Tax on State Bank Issues
Discussed by the Association-Othcr
Business Transacted.

Presidents. Charles ". Blackfcrd
Iyn,hburg. j. n. Scnoo.hc!d. Danyille
Robert W Burke, stanton. II. c. Har
Gy Petersburg. ". II. Lambert AlcXan
GTia. g. Is. Anderson. clifton Forge. W
=. johnson. Richmond. G. NJ. bi AK on
Newport News, caldwell Hardy nor
folk
Secretary and Treasurer. 5. G. Wallace
Executive Committee FOR next year
W ~ Palmer. Richmond. II. NJ oar
nail. Roanoke. n. II. Fuller. MlhchISStvI
T. IS. Lcich. Norfolk. d. II. Pace. hlCh'
moul. e. ID. Fishhurne, Cher' esNllie
iynchbufs Henry Easley. south Bos-
ton
The report 81 the committee was adopt
"a ana the salary OF the secretary was
fixed no $50 per annum
4 letter from Mr. Edwin Goodall. OF
Hanckcnsack, y. j.. was read. stating
hn address on Express Money orders. "
lie desired. however. 20 have read before
TIE body an address delivered by him
ON tae same subject before the New
York state bankers. ID copy Of which was
Anrr some discussion the paper was
laid un the table.
Tfe chair announced that the first
question to DO discussed would be In
equality ~ Bank Taxation" At the re-
quest ~ some ~ the members the ques-
don was passed hy for awhile.
.....r .r.,,~f,- t,lf.,.io,,s ,,rd \ a ,,..
GoNtrIlrg them lu Virginia. and Free
--,,..,.... IN i,,rs e,,d ba,kt,N - ~
REVISION or THE LAWS.
STR Iarnau. f Roanoke. offered the
following. which was adopted.
-'I'a7 i.' avs iestIatlng the col
lc~ton az dcuis 4h virginia are so com
IrN and admit of SO much delay and
uncertainty lh tht enforcement or the
affect the banking interests. retarding
The growth and development u our
seeklne Investment ia our midst. be IL ''''
Resolved. That The committee on
banking ana iielrl1ence De. and II IS
hereby. instructed 10 take this matter
under cons Iteration and prepare such a
lil OT bills as viii accomplish q Tevi-
sion 4 our collection laws and submit
the same 90 the next meeting Of this
association"
The following committees were an
nclucoI.
on Finance Committee. William NJ
Hill Richmond. = Asl-rrv Roanoke:
" T. Nicholas Pulaski
on Banking and Jurisprudence: Geo.
l. Christian Rf.hro1r1. L II Watts
Portsrnoytb. FIlefr Kicbm0ud.
a., E.,-ii,..- lS...r-h,,ry. Boni-
49, Tf-frro'4- s Phleear Chrle-
%, q. -, ' n, 50 ~ II
d. 80, i'-''.'Nl -
- '''l'''N mann '''' - ~ Lay w. 4 III
V'l-N9'''7 '
TIE Ten PR Clint. TAX.
The president then announced that nm
i Ma 80 80. h,'i,,. ,r. ,..i,,
~, 80. f1-rsr ra~- +av nn san. taox is
~ .'' -,t D.. .'l.- 80. - if....,ss.i -.
% ,,,-'l'.,s 80 49,. "a s. go ~
''.S ~ pl g ~-.,-,s-.5 .t,.
''to"ti ~. u amer IrlnrStrl lAil
the a-soci atioH near an afucie from tnc
SItS-- t-i 'ai.NriS iNepol lrI on Inc
~ -. ~ 'i.i','e az .oii "s'-
e. VIA thdl VI ihr tnlted states.
,b' t,l'''.,., ft.. H. S, go
~ --,..-,. 81 ,bS,,lS, =, n,,lr, - az a.,
'"r ''t' ',"s. "a. '"u-.'.' ~ o17'l ~ ne
O ''''>' '''''''' -'' Gums
Mr. Ff.hhurr4 If charlottesville snoks
in opposition o. the reading % tie paper
~ ~ was u bring ou a discussion of
the subjects OF the repeal n the lu-per
cent tax on State bank issues. Conlress.
said he. had recently voted OH this
question. and De thought thar ought to
settle the matter.
Colonel Palmer thought that the assoc
citation ought 10 discuss the question. He
was supported in his opinion by Mr.. j.
before then was a live issue. which could
not be sldc-traCked. The ASSOCIATION. said
he should express itself one way or the
other. The Democrats Were already dis
tributing literature on the monetary Sys-
tenn. and 70 was not too early 10 begin
The aCItatlOu of the subject.
After some further discussion the as
ISOLATION agreed % hear the paper which
the secretary read.
60 prove. boy comparison OF the bank
ing system In the United states ana the
system AS adopted ia Canada. and a. osely
associated with the agricultural system.
the superiority ~ the plan followed lu
the latter country. The relations between
the bankers and farmers, and their de-