New-York tribune., 1896-12-06
STATE BANKERS ~ SESSION.
WILLIAM B HORNBLOWER PROTESTS
AGAINST THE ANNEXATION OF
Ct'BA AND uAWAII-BANEl-

ING DIClSSED.
The annual meeting Of Group VII OF the New
York Stat Bankers Association. comprising tho
banks I'm Duchess Orange. Putnam Rockand. Sui
livan Ulster and Westchester counties. was held
Yesterday at tho Murray Hi Hotel Bradford
Rhodes. chairman Of tho association. called tho
meeting to order at il:45 o'clock Among those
present wero II. q. Brewer. William a. Doty Fred
cricll Il. schenck. William S. He'll, Cornelius A.
Pugsey James A. Brush Henry +. Sammis Clay
ton Ryder Augustus Dcnnston. W. ii. Rainey.
Francis NJ. Carpenter. Il. L. Edwards and John j..
Crawford After the reading OF the various reports
came the election OF officers for the ensuing year.
which resulted follows Edward Ellsworth. Of
Poughkeepsie. chairman: Charles i. Van lnwegen.
OF Poughkeepsle secretary and treasurer. The
election OF the Executive Committee was postponed
until the next meeting of the group
Then followed address by John J. Crawford,
OF this city. Tho Liability of Officers and Stock
holders OF Domestic Corporations for Loans Made
to the Corporation" c. \. Pugsley. who was 4
delegate to tho recent convention OF the American
Bankers Association at st. Louis. spoke of the
generous reception given the delegates by the cti-
zcns OF that place Frederick d. Kilburn. State
Superintendent OF Banking. followed speaking
OF the beneficial results of the god-standard vic
tory the system. which. he said could not be
fully appreciated at present. lie said he knew OF
three banks in the State now In a sound condition
that had determined to close their doors II the
crusade against the gold standard had been
cessful.
A recess was then taken. during which luncheon
was served. At the afternoon session Mayor
Strong spoke He said In part: Il am Of opinion
that the bankers of the city OF NewYork and the
surrounding country have done more In the recent
struggle to preserve the United States and the
Union than any other class of men In the country
I want TO say-and say It In the presence of Con-
gressman Walker-that II Congress would let us
alone there would be nobody but the oiicc-seekcrs
who would go into mourning. AS a rule there is
never any business doing when Congress is In ses-
sion Tho people always arc expecting that Con-
gress will pass n good measure and they ne,ur do
IT,"
Charles s. Fairchild ex-Secretary OF the Treasury
the next speaker Referring to the currency
question. he said: The issuing OF paper money
can safely be left to the banks You say Govern
ment bonds safe II the great bulk OF the assets
OF the banks OF any country not safe then your
country is bankrupt and Government bonds could
avail nothing. because the thing your country
Is built Is the business that Is passing through
your banks
William l.. Trenholm. exControler of the Cur
rency. spoke next. lie said In part: You have
more interest than anybody else In the preservation
OF honesty and integrity between man and man.
which rests upon the general observance of truth
and respects truth. You know and know that
legislation at Albany at present is not conducted
form among themselves In carrying on the great
business of the country. Now you have 1t in your
upon your consciences to perform that duty. You
cannot have dishonesty In public affairs without 1t
esty In public affairs II you expect to enjoy the
fdence OF the community. and II you expect to re-
ceive the loyal honest services Of those In your
William B. Hornblower, Of the New-York Bar.
dangers OF jnsoism in part as follows: II am
as much In favor Of the American flag ~ any