The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-11-22
A DETROIT BANKER HEARD
r. w. HAYES DISCUSSES EXPRESS
COMPANY COMPETITION.
Charles n. Thompson on the New Cur
rency Law-Reports by Districts
An Enjoyable Smoker.


mercial Club yesterday morning, far ex-
ceeds in point of attendance and interest
any of the three preceding gatherings. The
room was not large enough to provide
seats for all of the delegates and visitors
and a number were compelled to stand.
That no one withdrew during the entire
session. which continued until about 100
in the afternoon, was ample evidence of
the interesting character of the proceed
ings. The total number of delegates who
had registered their names in the book
kept by Assistant Secretary Charles Far
rell, OF the Capital National Bank, up to
late hour yesterday, was eighty-two, and
with the addition of twenty visitors, most
of them from other States, the list was
swollen to an aggregate of 102, making by
far the largest attendance of any conven-
ton yet held by the association.
Both delegates and visitors are men who
represent the solid financial and business
interests of the cities from which they
come. Many of those who attended yes
terday's session and who are expected TO
be here for the meeting to-day are men of
national prominence. Among the distin-
guished visitors are f. w. Hayes, pres
ident of the Preston National Bank, of
Detroit. Mich, who read valuable paper
yesterday; Alvah Trowbridge, of New
York. president of the American Bankers
Association, who will address the conven-
ton this morning: Hon. Ellis H. Roberts,
treasurer of the United States, who is to
read paper on '"The Parity of Our Cur
rency' this morning, and Percival Kuhne,
of the great New York banking firm of
Knauth, Nachod & Kuhne who is on to-
days programme for an address on 1.-The
ACCESSIBILITY of Pensioning Bank Clerks"
LOCAL INTEREST.
Local financiers are taking the keenest
interest in the gathering of bankers in the
city. the greater part of them being en-
rolled as members of the association. The
Capital National Bank was represented on
the convention floor yesterday by Pres
ident Medford b. Wilson and Charles Far
rell; Merchants National Bank by George
B. Caldwell, assistant cashier; the Fetch
er National Bank by Samuel a. Morrison,
assistant cashier; the Indiana National
Bank by Volney T. Malott. president, and
Edward l.. Mckee, vice president the
State Bank of Indiana by James r. Henry,
cashier, and the Indiana Trust Company
by Robert Martindale. complete list of
delegates and visitors, with the address of
each, will be found elsewhere in this issue.
The Commercial Club is receiving congrat-
ulations upon its efforts TO provide cor
dial welcome for the city's guests. The
club has had the active cooperation of a
committee on arrangements, acting in be-
half of the executive council of the local
banks and trust companies, composed. of
NJ. b. Wilson, Edward l.. Mckee and Sam
uel A Morrison. The names of the execu-
tive council of the bankers association, of
which John p Frenzel is chairman, were
v.rfr,t tod in full In do w. no
smoker and entertainment in the as
sembly room of the Commercial Club last
night was arranged by committee con-
ssting of Charles e. Coffin, III. T.. Cough
len, James r. Henry and Robert Martin
dale. A reception will be rendered the del
egates and visitors tonight at $3.50 o'clock
in the Propylaeum. The reception COM
mittee was also announced in yesterday s
ISSUE and, as Will be noted, is made up of
the city's representative citizens and their
wives. No detail seems to have been
omitted which would tend to cause the
bankers association to feel that it is as
heartily welcome in indianapolis any
body that has ever hOnOred the city by
holding it's convention here. Not only has
the Commercial Club extended to the city $
guests its fullest measure of hospitality,
but the University, Columbia and Country
clubs. the Maennerchor and German House
have also thrown wide their doors and
called out cheerily, Come in; you are
most welcome"
Among the out-of-town visitors to yes
terday's meeting was Mr.. Allen M. Fetch
er formerly of this city, who recently re-
moved to New York, where he will shortly
open a new private banking house on his
own account.
CALLED TO ORDER
The convention was called to order q few
minutes before IL o'clock yesterday morn
ing by the president, Col. David A Coulter.
of Frankfort who. in addition to being a
prominent banker is member of the
board of regents of the Indiana soldiers
and sailors monument and of Governor
Mounts military staff. The meeting was
opened with prayer by the Rev. Andrew
j. Graham, rector of Grace Episcopal
Church, who took the place of Rev. VIII
liam A. Quayle, pastor of Meridian-street
NJ. Z. Church, Dr. Quayle having been sud-
denly called out of the city Tuesday night.
The address of welcome on behalf of the
city, State and Commercial Club was de-
livered by Charles T.. Coffin. the WELL
known local financier and president of the
Commercial Club. Mr.. Coffin spoke as fol-
lows
Mr. President and Gentlemen of the In
diana Bankers AsSociation-Your local
committee on arrangements in the exercise
of their great wisdom and authority has
seen proper to assign to me the very pleas
ant privilege of saying to you few words
of welcome on the opening of your fourth
room this morning in order to avail myself
OF this privilege. and | beg you TO believe
that whatever / may say in my poor way
will but moderately express the sincere and
cordial welcome we hold for you in our
hearts Speaking for the local committee
and for the Commercial Club of Indanap-
oils and by the authority OF our mayor
| greet you as our guests and assure you
that we esteem il a great honor TO have
the privilege of entertaining company OF
such intelligent gentlemen, representing as
you do the most important and the most
sacred interests of the people of our State
l welcome you in the name OF the commit
tee on arrangements. This committee has
spared no pains to make your meeting and
your visit both pleasant and profitable
The committee has made a new departure
with regard to the social feature of your
meeting Instead OF the banquet as here
tofore they have arranged two social func.
lions The first will consist of "A smoker
in these rooms this evening. The printed
programme reads, a smoker. with varia-
tons Now you all understand that q
smoker includes che usual eats and drinks
and smokes served at stag party. The
variations. you Will understand. are extras
| and will, have to be seen 10 be appreciated
| On tomorrow evening you and your wive:
| and your sweethearts will have the oppor.
| :unity Of meeting our -four hundred in z
| general reception at the Propylaeum. W.
| trust that this innovation will meet Will
| your approval
CAUSE OF WELCOME.
f, Commercial Club OF Indianapolis. This /.
the largest organization of the kind II
| the State 1t IS composed of one Thousand
of the most energetic and progressive bust
| ness and professional men OF our city VIII,
| have given and are daily giving freely ans
nm selfishIy of their time and their none,