New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-03-16
WHO THE SPEAKERS WERE.

,.., that in this or any other city
Il ~ men representing the interests OF cons'ue'-
49,, more than billion dollars sit down ~ u'''','
ably M r., This happened last night at the
-. Icocle Club when the leadihE members "a
C'" =. VII Clearing House entertained at din-
''e 80 rvo~utivc Council Of the American Bank
~. As.ocia,ion This council. which met for puSi-
-. rnrposes I'm this city yesterday Is the r"i"'S
hodv ~ an association that combines IN us "''''-
49,, ,hrtv-four hundred Of the wealthiest banks
o. the United States
~ 6irnor was given as n mark Of appreciation
~, ,ro valuable work done by the association In
,..c.inc and promoting the interests OF banks.
5-o4ford Rhodes. who was active IN arranging the
..s.,onial said last night that so elaborate sys-
- had been orga nized against that class OF the
-irinal fraternity who make banks their special
r-av that in three years not one banking hrm IN
-. association had lost dollar through the IN
co,,,itv Of the safe-hreaker or penmah
Among the ffty-two men who attended the an
or .be~a were few whose names are not proml-
~,,.rv known IN TIC realms Of finance or who are
-, recognized authorities on the intricacies OF
,-.,c, and rs has been said. 81 oo0oeo0Oo was n
.oAe,e.c estimate of the money that the aggrega-
49, could command I'm business. Such an oppor-
.nnitv for the gathering OF an expression OF opin-
%, rron present and prospective conditions from
49,, vbo practically controlled the money market
~. 40 good 10 he lost A list Of questions was
.,,ro5 hy the rcporters and passed round the
..bss The FIRST inquiry was.
-. The present wave Of great financial prosperity
,telv 10 continue"
~ answer TO this. signed by A. r. Hepburn.
c.,.-al Thomas /. James. Joseph c. Hendrix.
p-o8eord Rhodes and Congressman Ebenezer j.
Hill Was
YES n M, checked ny some unforeseen circum-
stances .,, $500.
advance fo- continuance Of this prosperity me
,e,v being. Ease Of the money market and the
nd hrca0StNNS
manufactured articles"
IT, .hir5 query. "yVir the acquisition OF new
.,-r,.o-, tend N brighten or darken the country
rrosnec,so' the response was written
~ will tend 20 brighten the prospects by opening
-, nov 0elds for trade and commerce and making
- -. o,,,.. e.ardar5 bv which measures should
Re valued -A,,A
The dinner was served IN the slcove room whlch
was larsh1y decorated with the National Colois ana
with professions o. flowers ard foliage Joseph -
V4n1-iv ~ the National Union Bank presloeu ~.
t,s right was Congressman Ebenezer J. Hill, OF
connecticut. member Of the Committee on banhins
nd r.,,~ren-- and the Committee on Coinage whie
CO. IN his left was George +. Roberts, Director
- the Mint The other guests present were george
y Russell ~ Michigan. president OF the Aneilca"
ps-kers' Association. Walker Hill OF missouri
.,.b T-ov-bridre OF this city. George NJ. Reynoids
:. Illinois treasurer ~ the American Bankers As
ISOLATION. The Rev George William Douglas. OF TINS
.,.v y Rushton. Of Philadelphia John n.
feathers % Kentucky A. G. Anderson OF MIL
,eso.s. " : Cocker. OF Michigan Robert j. Lowry
>, Georgia. John p. Branch. OF Virginia +. w
Huntington n Ohio; !. B. Finley o. PenhsNiNdil"
: sands ~ West Virginia; =. g. Bigelow, OF
I,,soo,ssr. q W Garres, OF Missouri; A. G. Camp
rel ~ Mississippi; J. c. Hunter. Of Minnesota,
C1a-,es P Hannah. Of Iowa: Homer W. Mccoy Of
7ri,ois. : r Schumacher. OF Pennsylvania Robert
1,crr-5v n Ohio. \ T. Woodbridge. OF Texas ).
r Mitchell n Colorado. Joseph G. Brown OF Norm
The members Of the Clearing House who were
,resen, In the capacity Of hosts were A. B. Hep
igrr Chase National Bank; James NJ Donaio
Hanover National Bank. W. A. Nash Corn Ex-
change Bank; l.. s. Mason. Bank Of New-A orK
p A. G. 6 Whitson. National City Bank
s,-,e, poker Manhattan County Bank; V. T.
srv5e~ Western National Bank: Francis L. Hine.
First National Bank: ". H. Perkins, Bank OF
America; r. NJ Galloway. Merchants Natonai
Bank. F. IT, Pulen. National Bank Of the Repuo-
lie. Richard Delaned National Park Bank W. IL.
Porter. Chemical National Bank; John Kean, Man
haitian Trust Company; Charles II. FancheT' IT.
,iur National Bank: Edwin Langdon. Central Ma
-ioral Bank: F. p. Schenck, Mercantile National
Tank. Edward Townsend. Importers and Traders
National Bank: A. S. Apgar Merchants Exchange
National Bank: George F. BOwdoin, J. =. Morgan
& Co.: Thomas I. James. Lincoln National Bank
William C. Duvau, National Bank OF Commerce:
: Hltner National Shoe and Leather Bank
8 G Ravne SeabOard National Bank; w van
Sorden. National Bank Of North America; James
Brown Brown Brothers Co; c. A PuFsley'
Westchester County National Bank; r. ?. Dawson
rihe--v National Bank: Bradford Rhodes. Mama
ronso, bank. and Luther Kountze. Of Kountze
Brothers.
The address ~ welcome with which Mr. Hendrix
tnenes the after-dnner speaking was frightened
frequently by some good-humored and witty allu-
ton 70 the characteristics o. some or the guests
He evoked shouts OF laughter. Finally. in again
he erOk n esteem
o. which the officials o. the Bankers Association
were worthy. and remarked that never in the
history OF the world had bankers been so firmly
handed together for their common interests as they
were in the organization which was represented
.n the guests OF the evening
CONGRESSMAN HILLS ADDRESS.
Ny Hendrix introduced Congressman Hin as the
first speaker Mr.. Hill IN responding was cordially
received and in the course OF an address which
VIGOROUSLY urged the retirement Of the greenbacks
ne said.
Already AS per cent Of the worlds business IS
transacted on a gold basis. IS per cent with silver
tnd me small balance with irredeemabie paper ana
other substitutes for money. In the face OF ms
tremendous change. two political parties here IN
;ssS declared for the free coinage Of silver and
oouble standard Unmindful Of the great events
Of the nineteenth century they planned 10 enter
the next with the United States siraegler ID me
march ~ nations but seven and quarter mi Mons
parry is under pledge 70 give that verdict tine
vitality % public law" l.o,.
I have always thought that II the Government
would pu- rs own Treasury on sOund indI l..
basis and stop issuing paper and silver nat money
without as much reserve as even an oi1 haigs
country hank Is compelled 10 keen, inc p pii
would take care Of themselves without leslsidl!D
except the removal OF the strasntJacket "h lJn
nov wraps the National system. - ls pte's'!
this which the Republican party Is pledged 70 40.
Remove the danger Of silver leeisiauoin, aIs ~
hundreds YES thousands Of millions OF 9nad for
European money would come here ike Hood ivl
investment The time for sound money men -, 70
press for positive decisive declaration Tor me
god standard is now when plans are being formed
Tor future legislation. Three years have aIeaus
has been done and If the next session Of Congress
IN ifs early hours does not take decisive acuou'
with the excitement and timidity and political COW
adice Of Presidential election p3sSesslnI,g 1 me ne
oriftng on from had 10 worse Will not be changed