The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-10-26

question whether the education OF the
banker himself does not enter in here The
lawyer physician and clergyman must eacn
prsS unrough course of training pei0rT ne
graduates into practical operations. Engi-
neers, electrical, civil and mechanical, 90
the same. Even the farm, the WORKSHOP
ana me counting room is represented ,r py
manual schools and business colleges. Inc
banker alone. must work his way 10 the
top through actual experience ana without
me help OF the university and many times
nnds the top occupied by some one who has
been successful in other business and with
out any experience in this. There should.
W1,nout doubt be in an our SSoreseS ana
should be, and we hope will be, the aim of
the committee on education to bring this
about.
I'm the meantime the banker already in it
must do the best he can by individual appli-
cation outside of the treadmill routine of
daily business. fitting himself for the higher
questions which the bankers should long
ago have decided.
AUTHORITY ON MONEY.
1T seems to me that the bankers should
be the authority on what our currency sys-
tenn needs. 1t certainly needs some rear
rangement I think every banker should
give this subject the most careful study. /
am quite sure that unanimity of opinion
would be the result.
-Four hundred representative business
men Of this country convened at Indianapo-
lis two years ago to>aonsider this question.
Few of them knew anything about currency
reform, and yet to-day, by means of a cur
rency commission, they have arrived at a
unanimous conclusions, embodied in the
monetary commission report, which stands
at this day as the most noteworthy work
on our financial problems ever produced in
this country, and will venture to say that
these four hundred Observation-Disclosures
men-know more about the real principles
OF currency reform-the real needs of this
country in this line-than any other four
hundred men you may pick out in the United
States bankers not excepted. i am loath TO
admit, but il is true that bankers a
| class. are not posted on this subject. They
are the class that the people look up to for
an opinion, and very properly, but they are
| divided in opinion it is said, and this is
| one OF the principal excuses OF the politician
| for inaction.
Il say if business men agree on this great
| question bankers would do the same if they
| took interest enough in 1t to make move.
| Now, the bankers are the natural guardians
of these interests, and it is their duty, and
but they have not done it, and the result
| has been lamentable."
The speaker then asserted that, although
| the bankers themselves were inactive, the
with the question. In conclusion he said:
| What is the bankers duty in this matter!
| AS an educator ii is to educate his repre-
sentative at Washington to action In the
Fifty-sixth Congress, action which shall DC
| final, at least as TO the gold standard and
| the greenback, placing the firm foundation
| (Which Is the least the business world has a
| right to demand), under our prosperous
| ready been too long delayed, perhaps more
| than for any other reason because the
| bankers have not done their duty in inform
| ing themselves, educating others and insist
| ing on the righteous settlement of a ques-
ton which is SO thoroughly within their
province.