The Providence news. (Providence [R.I.]) 1891-1906, 1899-04-20

The annual banquet OF the Bank
Clerks Mutual Benefit association in
observance of its 2Sth anniversary, was
given at the Trocaiero last evening,
and there was an attendance of at least
46O persons, many OF whom were prom
inent in professional commercial and
POLITICAL life. From $3.50 TO 1880 o'clock
an informal reception was held in the
parlors. and then members and guests
were marshalled to the dining halls. So
large was the atten lance that two DIM
ing halls were used, the larger num-
ber being upstairs, while the remand
er, TO the number of about l5O, were
seated in the lower parior.
In the banquet hall proper there were
seven large tables, one OF which the
head table, occupied the end OF the
room. At this table, in addition 10
President, John w. Vernon were seated
Governor Dyer, Bishop CoadJutor Nc
Nickar, Congressman Adm Is. Capron'
Capt. John X. Bartlett, u. 5. y; Juige
Tillinghast. Ex-Governor ID. Russell
Brown, State Treasurer Read, State
Auditor Gray, Rev. w. Rousmanlere'
Mr.. Gilbert T.. Phillips, Representative
Peck OF Warren, Bank Examiner Met
calf, Councilman Marinus w. Gardner
ana a NUMBER OF OtHcIS
The six tables, which ran at rlSnt
angles 10 the head table I'm the banquet
hail. were under the direction OF II. f.
Manchester, G.. Il. Godfrey, o. Nj. Free
man, +. A. Greene, w. III. Park ana u.
w. Lanphear. while the five tables in
banquet hall B were directed by w. I.
Angel. w. G. Nye, B. II. Manchester,
j. l.. Guild and +. l.. Sawyer. When all
were seated blessing was invoked by
nj "a excellent
ner was served, during which Smiths
orchestra furnished music.
The large gathering was called to or
der at about $40 o'clock by President
Vernon. who read an abstract OF the
pres dents report. which referred 10 the
principal events in the club during the
past two years. This showed that the
organization now has a membership OF
3l3, and it's assessments have increased
S326ST1 He spoke of the deaths OF
Charles T.. Jencks and Jefferson I:
Hall. and also alluded to the benfts OF
the association.
He then introduced as the first speak
er Gov. Elisha Dyer, who was received
with great applause. He SAID tnat
most of those present were salarleu
men, includ.n .ng himself, but he said that
II astonishing g-ho~-Attle- Was
known of the duties of the governor ot
the state. He was supposed TO De tnor-
oughly familiar with every institution
OF the state, administer Its laws, APP
point a large number OF ofhclals' pre-
side over the Senate and appoint us
committees. has to appoint l25o notarles
public and justices OF the peace, au-
dit a large number of bills, carry on
a mass OF correspondence issue all or
ders for the government OF the mllltla
of the state and has TO do large num-
ber OF other things, all of when tenu
to make the governors lot not par
ticuIarly happy one. The salared man
in a sound financial institution is 10 be
envied, for he has every reason 10 pe
happy and contented Still as far as
he was concerned he would ike to have
a little more salary. If the position was
permanent.
The next speaker introduced was
the Hon. Adm Il. Capron, represen-
tative in Congress from the Sec
ond district, who as he arose called out
a loud round of applause. Mr.. Capron
said that he had heard recently that
the truth In Congress was like gold
dollar: II was a standard of value. but
not intended TO be used as circulating
medium. Laughter) He regretted
the absence of Congressman Hill OF
Connecticut. a standard authority oG
banking and currency. for he had been
accustomed when asked complex ques'
tions concerning banking and currency
to tell his questioners ito go To Hill.
Gaughter.) He then spoke briefly upon
the question of national Frances. and
said that n proper and thorough bank
ing system backed by "A sound cur
rency, was a prime necessity. particu-
larly in the commercial advancement
which Is In store for this country.
He then spoke OF the difficulty I'm har-
monizing the 357 men In Congress upon
this financial question. and he said
that the statement that the monetary
standard of value was settled was open
to question:. In New England there Is
practically unanimity of opinion, but
Rhode Island is not the United states
He wanted 10 call the attention of his
bearers to the fact that Rhode Island
had banking power of 1871 per capt.
Ia. whereas Arkansas had only 81 per
capita, and Alabama had S.3S. He be-
lieved. after consderation,th that IL would
stu require a great deal OF talk before
banking law was enacted. The trou-
BILE in Congress has been largely caused
by the preiudices Of people I'm several
sections The committee on banking
end currency was composed. with the
exception of those who were politically
opposed 20 a banking law. OF men Of
known patriotism and well versed i'm
the question OF finance. but they had
been met by almost unsurmountable
obstacles.
He believed that the Indianapolis COM
mission. which was introduced I'm Con-
gress was a good bill and was OF the
opinion that had II passed it would