The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-08-24

.9lo, go ~
l. o From May 1. 1895. to Aug. 1,
i p members Of the American
Bankers association suffered by
burglars. robbers and sneak
thieves. a total loss Of -. sssB oo
q From May 1, 1895. to Aug. l. T''''' w
1888, banks non-members of the
association suffered, in the same
way; reported losses of over 200 600 "a
Id, o. 50 far as can be ascertained there Is
put one organized band of professional GRIM
mails now operating on the banks q, tbi.
country and up to this time it has not 'a at.
tacked member Of the association.
4. IN the past year, the only burglary
committed comm on member of the association
since February, 1895, occurred at Boelus.
Neb:. Oct. .. 1897 Otis Anselon and Otto
and have been sentenced to three years and
SIX months. and eight years imprisonment
respectively.
"A most significant contrast, APPLY H.
lustrat1ng the comparative immunity
enjoyed by the members Of the Amer
lcan bankers association from burg
lars and the like, Is found in the fact
that early in 1895, before the purpose
ana power Of the new organization
were thoroughly realized and its in
nuence established, members lost heav-
lily. A comparison of the total report
ed losses shows that:
In the four months from Jan. to
way a., 80 1880, members lost by burg
In the twenty-seven months from
May ]. 1885, to August 1, 1893,
members lost by burglars and rob-
pers .................. .............. S,S75 90
line committee desires to repeat the
recommendation heretofore made, that
members should use the greatest caa1-
ton In the employment of printers and
Hthographers, and that they should in
s1st upon care on the part of those
whom they employ in disposing of sur
plus blank checks and drafts.
The report of the executive council
was read by the chairman, Alvah
TroWbridge, OF New York. After re-
citing the work Of the commission.
Mr.. TroWbridge read letter from the
Railroad Freight Agents association
suggesting better methods in the mat
tiers of drafts accompanying bills of
lading and asking for joint commit
tee to take action. The associa ton
agreed to the request.
Upon the recommendation of the
committee the association agreed that
a commission be appointed to consider
the financial systems of Cuba, Porto
Rico and Philippine islands and sug-
gest amendments thereof, If any should
be deemed necessary.
Committees were appointed to in
qufre into rates and forms of sureties'
bonds, and to suggest a standard for
Mr.. Fracot, of the committee ON uni
form rates. made the report of that
committee.
ABSENT REMEMBERED.
Mr. M. White of Cincinnati, read a
paper in memoriam Of ex-President
William Henry Rhawn, Of Philadel-
phia-
The association voted to send tele-
graphic greetings to Mr.. Van Slyke, Of
Madison, Wis, and e. H. Pullen, of
New York, who were detained at home
by Illness.
The report OF the committee on
bureau Of education was presented by
William G. Cornwell.
Resolutions were adopted expressing
the regrets of the association upon
the death of Thomas Ridgeway, of
Shawneeton, Pa
After the adjournment of the ses-
sion the delegates of each state and
territory had meetings for the purpose
of choosing members of the nominat-
ing committee
The afternoon was spent by the
greater number Of the ladies and Wis
itors in sightseeing. although some eau
cussing was INDUCED in by
the advocates Of various can
didates for Office and of the cities in
Vlt1ng the next years gathering OF
the association. The invitations thus
far received are from Cleveland and
Milwaukee. The advocates of the for
mer appear very confident of success.
There are several candidates for each
Of the minor offices, but 1T is general
ly conceded the presidency will go to
George II. Russell, president Of the
State Savings bank, Detroit, Mich, at
present first vice president of the asso-
ri a From ;oJ,t
midnight the delegates and visitors
were entertained at reception by the
Denver Clearing House association at
the Brown Palace hotel.