The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28
Bankers State As.
ISOLATION.
CONTINUED from Page One.)

| the Uflglndi settlers HfSt landed In Tilat
spirit of freedom and love of independence
!, that their descendants have right nobls
maintained in. their day and generation.
We count it q great privilege to be
| here and we note with pleasure and pride
| what yos1 have done and are doing in
your beau-.-dl city and this delightful
suburb. Your large and growing export
trade is of especial interest. for all North
| Carolinians feel a personal interest and
pride in what you are doing in this line,
fol- your growth means our growth, and
your success in handling foreign trade il
ours also. Your jobbng trade. reaching
far inland is known to many of us, but
we did not know the magnitude of it until
we were permitted to see it ourselves.
Your splendid graded schools are famed
all over the State, and none take more
interest in them than the communities
from which | come where many of your
most beautiful and cultured daughters
We're educated, and from which you have
drawn your worthy and able lsuperintend-
ent. Your banks are source OF pride
and wonder TO the bankers of the State
and not a few of the brotherhood would
like to be taken into the secrets and learn
how it is all done; how they gather such
! large deposits when renting daily for
all collections; how they manage to get
into and out of Lexington, Thomasville.
Reidsville, Mount Airy, and such places
without paying tribute to Caesar or some
one else, to many it is inexphcable unless
it is done between suns: how they take
so little and give so much, and still add
so largely to their surplus But I am
wandering from the point in pardonable
zeal for knowledge
I'VE are impressed with your large
business interests, your magnificent
, churches and beautiful homes. your
schools and public buildings and the
| splendid condition of your city;
and we, feeling the spirit that
actuates your people, congratulate you on
what you have done. what you are doing
and what you are going to do in the COM
ing years.
Il assure you. Colonel gentlemen Of
the Chamber of Commerce. bankers, and
friends of the city of Wilmington, that
we are most highly gratified at your cor
dial welcome, and that we already feel per-
fectly at home: like the tax-lister now
loose in our land, we do not think we can
tax you too much or that we can draw
too heavily upon your kindness and hos
pitality. If you should have occasion to
think you are thus taxed and that
our overdrafts are burdensome. we beg
that you will remember that it is your
own fault. and that you have invited it
by your NEST generous welcome.
I'VE know our stay among You will
be delightful. that we will always cherish
with fondest recollections the session of
the association held in your midst and
will ever remember you as the charm
ing and hospitable people you have always
been. and are.
| COL Fries response was greeted with
continuous applause and everybody high
ly appreciated his speeer.
| The Convention held its first business
session on Wednesday afternoon, June 81.
The opening invocation was made by Rev.
Richard w Hoge, rector of ST. James
Church. Wilmington The roll call by
Secretary Evans showed a large attend
ance at the first meeting The convention
was presided over by President George w.
Montcastle, who is president of the Bank
of Lexington, and who is quite as much at
case in presiding over a deliberatye body
as in conducting a successful bank in a
prosperous and growing community. His
address, which delighted his brother bank
ers and others who heard it, was a singu-
larly clear cut and strong speech 1t viii
be found in full on page twenty-one OF
j this paper
SECRETARY EVANS.
The annual report OF the popular secre-
; tary Mr.. c. ". Evans, cashier of the Mer.
chants and Farmers Bank OF Charlotte,
gave a history OF the work of the Asso-
citation during the past year and contain
ed many statistics and facts Of value and
interest. 1t is largely due to Mr.. Evans
that this session of the Association eclipsed
all its predecessors, for he left no stone
unturned to secure a large attendance
and an attractive programme. The full
report of Secretary Evans will be found
on page twenty-one of this paper.
! INTERESTING AND INSTRUCTIVE.
The reports of these two officers viii
not only interest all the bankers, but they
contain much that will interest and IN
struct all who rejoice in the prosperity
and growth OF North Cardinals financial
institutions and industrial enterprises
NATIONAL CONVENTION.
! At this session Col John F. Bruton, Of
Wilson, who was a delegate to the twenty
eighth annual convention of the American
Bankers Association at New Orleans il
November of last year made an interesting
report Of the meeting and its work, tax.
ing occasion to pay handsome compli
ment to the address made at that conven
tion by Mr.. Joseph G. Brown, of Raleigh
who represented North Carolina on thu
program.
COMMITTEES NAMED.
President Montcastle appointed the fol
!. lowing committees:
Nominations--J p Sawyer. Asheville
J. G. Brown, Raleigh; George stephens
} Charlotte; l.. A. Bethune, Clinton; T. j
, Latham, Washington.
Resolutions. r. Benton, Wilson; T. 6
: Carr, Durham; R. G. Vaughan, Greens
boro. ia
J PRESIDENT CALDWELL HARDY.
/ prl.. "a a. 4