The times. [volume] (Richmond, Va.) 1890-1903, 1900-10-03

around this Old Capitol that strangers
are prone to believe that we are all to
gether sentmentaIists, and | am glad 10
welcome this great body Of American
business men to our midst, that they may
bs:r testimony to the fact that We a.e
beginning to realize the Importance and
necessity for industrial advancement.
This magnificent ediice in which we are
assembled t, day. our great Locomotive
works. cur Slpyards. and other indus
tries that will be shown YOU, all the pro
duet of Southern enterprise and Southern
capital, bear stroag testimony TO the
truth of this statement. We would not
nave you to think We have lost all our
sentimentality, for we have not the
main springs to stimulate present am
b!tion, and inspire future greatness.
Sentiment is the soul OF Man, that SOFT
ems the burden of tire practical. II was
sentiment breathed from the lips OF Fat
rick Henry, on one OF the seven NILS OF
this g.and historic city that made pos
sib'e this aSSembage of representatives
of Amer.ca's financial greatness. We owo
too much to sentiment to forget Ii, but
VIC realize that we cannot live on 1t alone
We are slad to have you gentlemen, re-
representatives. of the practical side OF HE.
come among US and help bu d u2 TINS
great and glorious section OF our country.
SO that If we cdnlol an nave sSLiIititS'it-'
in common we can all have interests IN
common.
COMMON MEETING PLACE
The bank and the banker form the
common meeting place for the energies
and enterprises of the people. They con-
s;titute a common Reservoir into which
empties the thousand streams OF human
thrift and ingenuity and out o. which are
drawn the irrigating and sustaining cur
rents of capital for carrying on ex-
changes and trades among men, and Tor
developing the latent powers of nature.
The, banker is the most trusted of all
men and in turn he must, perforce. main
tain the greatest faith in others He
must needs be a profound Student Of hu-
man nature, and, above ALL sagaCiouS in
the affairs OF men. II all men bring to
bear upon him as much pressure as | have
known at times. his normal condition
must be a thousand pounds; to the square
inch OF surface. Ii there are any weak
or unsouna t.mhers IL him, they are 70
he revealed. He has, ! imagine, his
troI1bles like the rest of us, troubles that
arise. from inability to extend faVors, 10
succor the embarrassed, and at the same
+i,,.c ma ntain his sacred oDl CATION to
the trust funds committed 10 mis- care
ana honor | am not one OF those, so
shallow IN the phi osophy OF his life as
to think that man because he handles
money every day, and who sits "hsre
III waves meet and where the trade cur
emf ebh ard flow with the tides. S there
fore necessarily blessed among men and
,trs his life from q Drumming cup
care troubles, responsibility are as com
n,or, IN us all as the encaS.ng air that we
hra,,ba And if there Is one distinctive
class op men who should have a we.Cona
"a thei. work that is full If int iGant
svmrathy. that class is tho Bankers AZ
sociation of America Your opportuhi-
lie. are great; your responsibilities are
onrrosnondinely So. The American
e...t,,+.s ,reating the system under which
- r,orl; NAV be vicious are filled
y,ish INEQUALITIES and iniust;ces, bit W.
II sa,,~+ oar Individual bankers. because
- rot known probity, their trained
.r.,zP-,.ss methods and never-fa:lin3,
never-Iagglng courtesy and consideration.
81 cqurss evil men creep into your occu-
III Rnf what profession is free from
this? ! have hs!ia ~ SUI" iiiei -
rs+ti,,r into politics.
THAT WORD "CoLLATERAL.T
w. word collateral usually
at;o securities that are listed on the
ei.i,s' ~ ...banee. and unless a man can
$500 - 1he great trust companies. saw
- tl,,ps and national banks these Sc
''ss .n:et,d,' securities. he is unable 10
$50 800, Them Who Fists these securi-
10 80 - ,4ta COMPANY, OF men who do this
we .,,e.,selves usually large holders of
L.. It'd securities and are. therefore,
80 ;;,<.,ne4 to enlarge the limits OF tbs
.ss ~ ,ir.le. You may have lands and
,s..,.,- aud cattle. manufacturing plants
E'..,,.;,,.., ho,.tSs and a hundred kinds Of
.i.a,.a-.iv whose Understanding capacity