The times. [volume] (Richmond, Va.) 1890-1903, 1900-10-02
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MEN WHO HANDLE
UNCLE SAM S CASH
American Bankers Asso-
clation Meets To-Day.
ATTENDANCE LARGE.
More Representatives on Hand Than
in History of the Organization.
TO EDUCATE THE CLERKS.
Committee on Education VIII Make u
Recommendation To the Conreri-
tiol, That VIII. if Adopted,
Be faI-itcachinS III its
lnfIuence-Uniforln-
ity Of The Laws.
More Representatives on Hand Than
in History of the Organization.
TO EDUCATE THE CLERKS.

The twenty-sixth annual convention Of
the American Bankers Association VIII
be called to order in the convention hall
of the jefferson at 10 o'clock this morning.
1t viii be the most important and the
most largely session this impor-
:ant and influential organization has ever
held. Already between six hundred and
seven hundred delegates have arrived. and
they are still coming on every train. Rich
mond has not had the honor to entertain
a more distinguished body of men. Heads
of the greatest banking and financial in
stitutions are here. and they are delighted
with the historic old capital Of tbs Con-
fedsracy and the open-hearted hospitality
Of her people.
The convention Will last four days,
though the principal business Of the ses-
sion viii be finished by Thursday evening.
The association Will be called TO order this
morning by President Walker Hill, of ST.
Louis, No, a former Nirsinian Prayer
will be offered by Rev. DR. Carey L. Nor
gan, pastor Of the Seventh-Street Chris
1ian Church, after which the visitors will
be welcomed TO Virginia by Governor J.
Hose Tyler Following the remarks Of
the Governor Will be a speech OF welcome
by Mayor Richard NJ Taylor. The visit
ing bankers will then be welcomed by Mr..
Virginius Newton, president Of the Clear
ing-House Association of Richmond, who
VIII speak on behalf Of the Richmond
bankers.
To these words extending the hospitality
of the city, appropriate response viii pc
made by Mr. Walker Hill, president Of
the association who will at the same time
i,;r ANIMAL
of other officers viii also be read, and will
show the association TO be in u most graft
flying condition.
INSTITUTE FOR CLERKS.
Then will follow the reading OF the re-
ports of 1fN committees, the most important
of which VIII. in all probability, be that
of The Committee on Education. Of which
the eminent New York financier, Mr.. Viii
liam c. CornwelI, is the chairman. This
committee viii recommend the establish
ment of an institute for the framing and
education Of bank clerks. 1t is proposed
that the institute shall have 4 chapter in
every city in the United States, at which
young men can be thoroughly trained and
equipped for the bank desk. Mr.. Corn
wells committee will contend that this in
stitute. after the first year, will be self
sustaining. It Will be a departure in the
American banking system. The report has
this to say of the general plan for the in
stitute:
the course OF study would be Of the
most practical character connected with
everyday transactions of banking business
end for the first year would be essentially
primary.
aside from every other consideration,
the fraternal feeling which would be fos-
tered among the clerks and the spirit and
devotion engenGered between employed and
thir employers should be CT great advantage
in carrying on business.
Here then is u wc-Sk Of the most prac-
teal character squarely in line with the
aims of The American Bankers Associa-
ton, entirely feasible, involving no large
outlay of money, and calculated, if sue
-cessfully conducted. to do an amount OF
good which cannot be measured and which
will influence favorably the lives and for
tunes of hundreds OF young men who are
growing up in our banks.
These are the men behind the guns.
VIII You train them as they ask, so that
their work may be doIt3ly effective? Or
will you neglect them. abandon them TO
their own efforts and let the service drift
along half disciplined and yourselves take
The consequences of continuing to conduct
your campaign with an unframed a-my?''
UNIFORMITY OF LAWS.
Another most important rePort to be
made is that CT the Committee on Uniform
Laws This committee has been diligently
at work enaeav0ring 10 have passed in
every State IN the Union uniform laws TO
regulate collection charges. discounts, etc,
and its report will set forth the progress
made and point out where the work IS yet
TO be accomplished. The chairman of this
comIhrtsee is Mr.. Caldwell Hardy presi-
dent of the Norfolk National Bank, who is
hopeful Of carrying through a plan which
VIII result in uniform banking laws ali
over the country.
President IIlll speaking OF the convention
last night said II would be the largest and
most successful in the history OF the Asso-
cation. Large delegations he said,
have come IN from The West and from
the North. New York was never SO well
represented. and the same can be said OF
Chicago. Detroit. Baltimore st. Louis and
other financial centres. We have a great
deal o. business 10 transact. BIZ; this Is u
business body and we got at matters in q
business way. 1 find that ,ncst Of the
bankers are delighted that We came to
Rich.ncnd 10 meet The alistor:c points
about the Old page possess rare inter
est for visitors
CARRIAGE DRIVE.
Most of the bankers ard their lady friends
who had arrived n the city drove over
the city IN carriages yesterday afternoon
They visited all The monuments. the Com
federate Museum. The home of the Nir-
ginia Historical Society, old ST Johns
Church ana the other historic spots.
Many OF them went out to Seven pines
and Yellow Tavern
A magnificent reception was ternsera9 to
the officers and Executive Committee OF
the Association between the hours of 9
and IL o'clock last night by Major James.
p Branch at his residence
Tonight the big public reception will be
held at the Jefferson in honor of the
bankers. and this promises 10 be a most
brilliant function.
SOME OF THOSE PRESENT.
Some of the leading bankers from all
parts of the United States. who haye