The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1902-09-12
WIDE SPREAD
INTEREST
In Mr.. FOwIer'S Banking and
Currency Measure.

ing fitting text ia the lack now felt in
the South and West of sufficient cur
rency to move the crops.
10 the bankers of the country the
measure has an engrossing interest. AT
every Bankers Convention, this year, its
provs rs have formed the one topic of
discussion and univeral desire has
prevailed to hear the Hon. Charles N.
Fowler, the author of the bill in explana-
ton and adv cacY.
When the Southern Association of
Bankers met, last June, at Savannah,
Georgia, Mr.. Fowler was urgently in
vited to attend. More recently, he has
received invitations from the Pennsyl
vania Bankers Association and the Bank
ers Association of the State of Illinois
to be present at their Annual Conven-
tion to be held respectively at Phila-
delphia, on Sept. gath, and at Peoria on
Sept. Goth, as their chief and honored
guest.
While engagements, previously form
ed will prevent Mr.. Fowler from avail
ipg himself of these opportunities for
pressing the reform, to which he is so
completely devoted, the following cor
respondence shows that in November he
will address The American Bankers AS
sociation, body as truly representative
of the banking interests as he himself is
the National representative of the best
thought on what our banking and cur
rency should be:
The American Bankers Assn,
20 Broad ST., and IS New St,
New York, Aug 30, 1902.
Hon. Charles N. Fowler,
56 Pine Street. New York, N. Y.
Dear Sir:-You are probably aware
that the 2Sth Annual Convention of this
Association will be held in New Orleans,
La, Nov. 18th, 18th and 18th. We
would like very much to have you as our
guest, and make an address on the sub
ject of "Assets Currency and Branch
Banking" This subject is of vital inn
portance. and it is to be hoped that some
definite action will be taken at this con
vention regarding the same; for if we
can unite the influence of the bankers of
America, it is within the range of posi-
bility that next winter Congress will
pass some scientific and practical bank
ing law, which will prove of great bene-
fit to the country at large.
There is no gathering of representative
men in the world like the delegates at
our convention. This association now
numbers over 5000 banks on its rolls,
whose capital, surplus and deposits ag-
gregate over 81, 900 900, 600
Trusting to receive favorable reply,
we are,
Very respectfully,
JAS. K. BRANCH,
Secretary.
James r Branch, Esq, Sec'y.
Bridge st.
New York City,
Sept. s. 1902.
My Dear Sir Il am in receipt of your
highly esteemed favor of August 30th,
inviting me to address the American
Bankers Association at its annual con-
vention, on the subject of 'Asset Cur
rency and Branch Banking" and ac-
cept the invitation with pleasure and
keen appreciation of the honor you &C
cord me. Very truly yours,
CHARLES n. FOWLER.
Not only are the people in general, as
evidenced by the press, and the bankers
as class interested in the purposes and
results of this measure, but also students
of economies and experts in finance as a
science, are giving to Mr. Fowler's work
their earnest consideration and hearty
approval.
The following letter was recently
received by Mr.. Fowler from Joseph
French Johnson, former Professor
of Economics at the University of
Pennsylvania, and now head of the
School of Commerce. Accounts and Fin
ance, at the New York University:
Da' a. Mass, Sept. A, 1902
My dear Mr.. Fowler;
have been Vp here in the country all
summer hard at work ON book upon
MONEY AND CREDIT apd have had fire.
quent occasion to think of you and to
wonder if you were also at work upon
the same subject. Your analysis of the
new Financial Bill was mastery piece
of work and am sure it must be pro-
ducing an effect throughout the country,
for / take it for granted that it was given
wide distribution. / cannot under
stand how any banker can read it with
out becoming convert to your sound
views upon the subject of a banking
currency trust that you have lost
none of your hope and enthusiasm and
that you are preparing to make vigor-
GUS fight at The next session of Con-
gress.
l understand that you delivered a
speech in defense of the bill and am very
anxious to have a copy of it. feel sure
that you have said some things which
want to quote in the book am writing.
l hope that my modest little book will
be read by few bankers here and there
and serve a good purpose
shall be very glad to hear from you.
Sincerely yours,
Jos. FRENCH JOHNSON.
Hon. CHARLES N. FOWLER,
Elizabeth, N. J,
Mr.. Fowler will give his speech wide