Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1896-09-28
MEN OF MONEY MEET.
representatives of Immense Mon
led Wealth Gather In the
City of ST. Louis.

CT T,ouis. Mo-, Sept 22.-There as
SAMPLED in the Olympic theater today
tho representatives of more wealth than
ever before came together IN TINS city
at one time. Itwas the first session OF
The twenty-second annual convention OF
tho American Bankers association.
Delegates were present from all parts OIL
+bo country representing the most prom
;nont banking institutions whose capltal
Is 1T least one billion dollars. Inc con-
yention will be in session three days.
during which time there VIII De II gen
eral discussion of the reports OF various
committees and of matters pertaining 10
banking. 4a,.o ~.
The first days session was taken up
with matters of routine nature. 10
morrow there will be call or STATES.
when brief statements will be made by
delegates of the general condltlon OF
honking in their various Localities. Fol-
iov;no this will be a discussion of at
least twenty practical banking questions.
ON Thursday, the last day, officers for
the ensuing year will be elected ana IN,
stalled. The remainder of the. day VIII
he given up to the discussion OF clearing
house questions.
Elaborate arrangements nave pe ..l
made for the reception and entertain
ment of the visiting bankers. The en-.
lire northern portion of the Planters
hotel parlor floor has been fitted up as
the associations convention headquar-
tiers. In addition the st. Louis MONDAY
university, mercantile, country ana
Jockey clubs have been thrown open 70
the delegates and their wives, the badge
of the association emitting its wearer 10
membership privilege.
About 200 delegates mad assembled at
the Olympic theater ut 10 o'clock, the
hour set for the convention TO open:
On the platform were the officers OF
the association and members OF the local
committee on arrangements.
President e. ii. Pullen of New York
called the convention to order shortly
after 10 o'clock and Right Rev. Daniel
S. futile. bishop of Missouri led in
prayer. Mayor Cyrus Z. Walbridge de-
livercd an address of welcome on behalf
of the city of st. Louis. He was fol-
lowed by w. H. Thompson. president
of the st. Louis clearing house, who wei
coined the delegates on behalf of the
local bankers President E. II. Pullen
then delivered his annual address.
The most interesting feature of to-
days session was the reading of the re-
port of the protective committee. which
gave list of fifteen bank burglars ar
rested, convicted and sentenced during
the past year. and brief story of the
crimes of each one. The report set
forth that the protective committee is
composed of three bankers whose names
are never for obvious reasons made pub
lie. They act on these principles: ID
To relentlessly pursue, prosecute and
punish professional bank criminals who
operate against members of the Ameri
can Bankers association. CD Never to
compromise a crime or compound
felony. CD To spare no expense to de-
fcnd the members against the operations
of professional criminals. The purpose of
the committee from the start was to
educate the professional bank criminals
into the belief that it would pay them
very much better to leave the members
of the American Bankers association
alone, and as a result those members
have enjoyed almost entire safety from
burglary. Of twenty bank burglaries
during the year ending last week, in
Kansas. Illinois. Missouri, Ohio, Iowa,
Massachusetts, Wisconsin. not one affect
cd an American Bankers bank. The
time is near when both bank burglars
and check raisers will be a thing of
the past.