The daily morning journal and courier., 1894-10-12
WRANGLE AMONG BANKERS
CONFUSION WHEN NAMES or OFFI-
 GERS WERE PRESENTED.

First vioe Prssidaat Odsn Was Finally
 chos~p President of the Asaaa stios--
 Hendrix h Opposed to bsnksrs Boing
 MAiing~d.
 Baltimore. Oct. 1.-The second day of the American Bankers convention opened with bright sunshine and a much larger attendance than appeared at yesterdays sessions. Several of the delegates. who are particularly Inter ested in the subject of currency reform and who could not reach here earlier. were in their seats this morning. Rev. Arthur Chiffon Powell of Grace Proteat- ant church. h.opened the proceedings with prayer. President White appointed the nominating committee. which reported Its conclusions late this afternoon.
 Comptroller of the United States Eckels was escorted upon the stage and delivered an address.
 The currency question. Mir. Eckels said. is not a question of political de- bate. Tn and of itself. it Ia simply a business question. and as such deserves the thoughtful attention of not only bankers. but of all who are engaged in the various channels of business life and of the laboring classes, but above all, of those who. honored with the suffrages of the people. are charged with the duties of formulating Into laws such legislation as will affect the ques- ton. Therefore, 1t Is a source of grat- ification that an intelligent body of men brought from all sections of the country have come together In thls. one of the most conservative cities in the union.
 There is nothing so deserving of att tention; there is nothing so deserving of candid thought and intelligent study as the question of finance. The question touches not alone our people but those of every country that are carrying on financial transactions. However friend ly we may feel to any particular kind of money, unless 1t Is evidenced by facts instead of theories that this particular money will meet the obligations of the people of this country both at home and abroad, this country cannot afford to enter upon the use of 1t. (Applause.)
 MT. Eckels trusted that the outcome of the discussion of the currency at the convention may be profitable to the whole people.
 A rising vote of thanks was given to MT. Eckels when he concluded.
 Some reports from the executive coun- cil were read. and then MT. Charles c. Homer. president of the Second Nation al bank of Baltimore, began the deliv- cry of his paper outlining and com- menting on the proposed amendments to the national banking act
 Upon the conclusion of the address which was freely applauded, MT. A. B. Hepburn, president of the Third Nation al bank, New York, supported the cur rency scheme. \ G. L. Christian, president of the Vir- ginia National bank, of Richmond, Va, read 8 paper on the proposed amend ments to the national banking act Mir. White of New York, said he was glad that bankers had at last taken up the subject of finance in earnest. The masses of the people did not understand the financial system and were no more capable of taking charge of the fiscal arrangements of the country than a land lubber was of directing the man. agement of an ocean greyhound. The undisciplined public wanted one thing to-day and demanded another to-mor- row. It was fact that the charters of some of the New York large banks of to-day were secured in 1S3S and pre- xkous thereto by bribing the legislature. The national banking system had put a stop to that sort of legislation and the speaker had every confidence that if the bankers of the country would try they could have the law amended so as to make it as near perfect aS pos sible.
 c. c. Hendrix of New York struck a popular chord when he said that bank CTS had been maligned and traduced long enough. He intended hereafter to strike back at his traducers. He fa- vored the Baltimore plan" and claimed 1t to be an excellent starting point from which beneficial action and legislation might be expected. The Baltimore plan was further discussed by several of the delegates.
 They got into wrangle over the con- stitutional phase of the subject, but the proposed amendments were finally adopted and the following committee of nine was appointed to present them to congress: c. c. Homer of Baltimore, A. L. Hepburn of New York, Charles Parsons of St. Louis, Skipwith Winner of Baltimore, G. L. Christian of Rich mond, c. c. Hendricks of New York, R. J. Lowry of Atlanta and W. T. Baker of Chicago.
 The nominating committee presented the following pominations:
 Douglass H. Holmes, president of the Merchants National bank of Baltimore, for president of the Bankers associa- tion; John c. Nealey of Chicago. first vice president; E. H. Pullman of New York, chairman of the executive coun- cil, and Henry W. Ford of New York, secretary. .-.. - ...... ....--
 Immediately there was a scene of con- Anl A>e~