The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-08-18

member Of the association has lost a dollar
through burglary. aud every professional
operator to whom the attention of this
protective committee has been called has
either been convicted. is now AWAITING
trial. or has been released because OF turn
Ing States evidence.
Away Trowbridge OF New York. chair
man OF the execu.ive council. said the only
important business Of last nights session
was the consideration Of two amendments
70 the constitution. a substitute subcom-
mittee was appointed, and II. c. Hem
tricks, It's chairman. reported favorably
on the proposed amendments. one OF
them Increased the representation on the
executive council from three 10 five and
the other put the selection Of public Ma
tional Officers more largely in the hands
OF members OF tire convention instead OF
leaving 1t to the council Bsth amendments
were unanimously adopted.
Inc report of the committee on uniform
laws was read by Frank w. Tracey Of
Springfield, Ill. The report begins as
fellows
Your committee on uniform laws was
directed by the executive council ut its
meeting in April last to yneparc. with such
legal assistance as might be desired q
uniform law for commercial paper. For
tunately for the committee there was pub
lished in the American Bankers Magazine
'or May Negotiable Instrument Law
which seemed to be a better law than any
which we could possibly frame, which
Hon. Lyman j. Brewster of Danbury
Conn, president OF the conference Of COM
misscners OF uniformly State laws, freely
and heartily gave the committee authority
to adept for recommendation to- your as
ISOLATION"
IN speaking OF the merits of the new
law the report said: "a more useful or
thoroughly prepared statute on commercial
law would be difficult to find. All the
fundamental principles and essential deii-
nitichs of the law on commercial papers.
the law, in short. Of some 10000 reported
cases. is in substance condensed into
thirty -six pages. The disputed points ANA
variant law, the discussion of which occu-
pies so large share OF two and three
volumes in the treatses on the subject
are decided and harmonized. This law has
already been adopted in the States OF New
Jersey, Connecticut and Colorado. Ii has
become law in the State of New York, to
take effect October l. 1897. Shall we not
hope that the efforts OF the American
Bankers association, added to those Of the
American Bar association. will result In
placing this law on the statute books of
all States within reasonable period OF
time2"
The report concludes by recommending
the appointment Of "a committee to CORE
spond with the several State associations
and looking after the passage of the law
by the State legislatures.
The remaining report on the programme
was that of the committee on formation
OF n branch Of education, submitted by
Chairman CORVALLIS. He said II the bank
ers of the United States would establish 3
bureau and employ speakers to present the
claims of banks properly before the pub
lie; men who could in plain speech show
the farmer and others that II the banks
charge high for accommodation it IL the
fault of legislation and not the banks
themselves, much OF the present hostility
which exists against banks would be re-
moved. Letters favoging the idea of such
bureau of education We're read from
Comptroller Eckels and others. The com
mittee will be ready In n short time with
the first pamphlet to be issued, and the
matter of the bureau of speakers can then
be taken UP and tried in small way at
first, and il practical can be developed.
After the announcement of meetings of
State delegations for the appointment OF
committee and other routine business the
convention adjourned until 10 o'clock to-
night