The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-01-16
GROUP Three OF BANKERS
Net and Perfected an Organization n
Here Yesterday.
PART or STATE ASSOCIATION
Elected Permanent Officers and Ad.
journcd to Meet In Mauch Chunk
July ls-ComptrolIer Eckelis OF
the Treasury Not Present.

Group Three OF the State Bankers
association, composed of bankers from
counties in the northeastern and east
ern sections of the state met yesterday
afternoon in the board of trade rooms
and perfected a permanent organization
in response to call from William
Hackett, cashier of the Easton Nation
al bank. temporary president. and w.
Fl. Peck. cashier of the Third National
bank of Scranton. temporary secretary
1t had been expected that addresses
would be delivered by comptroller of
the Treasury Eckels. Robert +. Wright,
president of the Allentown National
bank. and Robert E. James. president OF
the Easton Trust company, and that the
attendance would be much larger than
1t was, but Mr.. Eckels and Mr.. Wright
sent letters Of regret and MIR. James
who was suffering from a severe cold.
spoke only a few moments. The fact
that the date for the meeting was dur
ing period when many banks are en-
gagged In annual organization and cleo
tion was given as the reason for the
small attendance.
BANKERS Who Attended.
There were present: William Hack
ett, cashier of the EastOn National
bank; Isaac Post, cashier Of the First
National bank of Scranton; A. b. Will
liams, cashier of the Traders National
bank. of Scranton; John b. Farrerd,
treasurer of the Wyoming National
bank, of Tunkhannock; r. A. Jadwin,
teller of the First National bank. of
Carbondale: c. r. Horn, cashier of the
National bank of Catasaqua: r. +.
James, president of the Easton Trust
company: William II. Gish. cashier OF
the National of Slatington; A. B. Ey
non, cashier of the West Side bank Of
Scranton; II. ]. Andrews. president Of
the Lackawanna Trust and Safe De-
post company, of Scranton; John +.
Gwinner. cashier of the First National
bank, of Easton: w. II. Peck, cashier
of the Third National bank, of Scran
ton; c. w. Gunster cashier Of the Mer-
chants and Mechanics bank, of Scran-
ton: II. G. Durham. cashier of the
Dime Deposit and Discount bank. Of
Scranton; c. +. Spencer, cashier of the
Miners and Mechanics Savings
bank. of Carbondale. and few direct
ors and officers of Scranton banks.
Mr. Hackett was temporary chair
man. A nominating committee recon-
mended the following board of perman-
ent officers who were unanimously
elected: Chairman, William Hackett.
cashier of the Easton National bank;
secretary and treasurer. &. w. Gunster.
cashier of the Merchants and Mechan-
les bank of Scranton; executive COM
mittee w. II. Peck. cashier of the Third
National banklof Scranton; w. II. Gish.
cashier of the National bank of Slat-
ingtUn; N. N. Belts, cashier of the
First National bank Of Towanda; A.
A. Sterling. cashier of the Peoples bank
of Wilkes Barre, and X. T.. James,
president of the Easton Trust company.
Address of Mr.. James.
Mr.. James. who was called upon by
the chairman to address the meeting,
remarked upon the futility of bankers
discussing the bond issue, currency
question or other matters of national
finance so long as the present mistaken
policy continues of electing to the ma
tional Legislative bodies men opposed
to endorsing anything that will bene-
fit the country. without a maintained
credit he said. dams of gold may be
builded and millions of the metal may
be shovelled into a breach that will
never close so long as the present arbi-
trary legislation exists.
Bankers are as pOwerless as children
in swaddling clothes to reform the fl
nancial problem and must wait until
all political parties regardless of per-
sonal views join hands and put the gov
ernment out of the banking business
Until then" he said, I'VE can only
pray"
On motion of Mr.. Peck. of Scranton,
an assessment Of 81 was ordered.
On motion Of Mr.. James, the chair
appointed to solicit membership from
the 73 banks i'm Group Three, Isaac
Post. Of this city, and C. T.. Spencer, of
Carbondale, and Mr.. Mulligah, Of
Wilkes Barre.
The constitution and bylaws adopted
by the meeting are those sanctioned by
the state association and provide for
meetings in January and July. Mr..
Gwinner, of EastOn, argued against the
periods selected as incOnvenient and
offered motion that at the next State
meeting Group Three make an effort
to have the time for the meetings
changed or to leave the selection Of
dates to the action of the groups, The
motion was adopted
Mauch Chunk was selected for the
next meeting which occurs Wednesday,
July Is, and the meeting adjourned.