The sun., 1903-12-18
BANKERS AT BANQUET BOARD.
MANY WOMEN THERE TO AP-
PLAUD THEIR SPEAKERS.
James NJ. Beck Celebrates His Escape From
the Antitrust Omoe--A wisconsin
Congressman Says There's No Panic
and No Prospect Of One in the West.

the Antitrust OMEGA wisconsin
Congressman Says There's No Panic
and No Prospect OF One In the West.
The annual dinner OF the Associated
Banks Of the City OF New York, known as
Group VIII. of the New York State Bankers
Association, was served in the grand ball
room OF the Waldorf-Astoria last night
The president of the organization ia William
A. Nash. the venerable president Of the
Corn Exchange Bank. Illness prevented
him from presiding at the dinner, and Gen.
Thomas L. James, president Of the Lincoln
National Bank, presided In his stead.
At Cen James 3 right sat the Hon. James
" Beck, ex-Assistant Attorney General
Of the United States. On Gen. James's
left sat the Hon. John j. Esch, Representa-
tive in Congress of the Seventh Wisconsin
district. Others at the table were; Bishop
Potter, the Rev. DR.. Ernest NJ. Stires, rec
tor of st. Thomass Protestant Episcopal
Church; Major-Gen. Henry G. Corbin,
Dr. James H. Garfield OF the faculty OF
Columbia University, Job z. Hedges. George
F Baker, president Of the First National
Bank JohnH. De Ridder OF Saratoga Springs.
President of the New York State Bankers
Association; James Stillman. president
of the National City Bank and the New
York Clearing House Association; Elgin
r. H. Gould. City Chamberlain; Comp
rroller Grout. Alexander Gilbert. member
Of the Clearing House Committee Fred
erick D. Kilburn. State Superintendent
of Banking: William B. Ridgley. Comp
troler OF the Currency; Rear Admiral
Frederick Rodgers. William Sherer man
ager OF the New York Clearing House Asso-
niation: j.. Edward Simmons, and Gov.
guest of Archibald G. Loomis, second vice.
president OF the National City Bank.
Except for great American flag draped
above and behind the speakers table, the
only decoration Of the banquet hall was
three tiers of boxes, circling the room,
filed with snartly dressed women. Mr..
Beck YVES the only orator to take official
notice of the fair guests
Mr.. Toastmaster he began. members
Of this association and the ladies above us,
10 whom the smoke Of our cigars rises like
incense of appreciation for the honor OF
their presence"
The sentiment was greeted with loud
and continued applause When he could.
MIR. Beck continued:
! have been introduced as one oi those
afanst hs MSS5therh ssdSuIs'
SSissss Sndssssssd d sssIne h shss hays SsstsS
nov Ssiers the court q last resort. an and shat
n u: ds Of ess hGesit
s sh 'f stfna .as
Ssn Nss could ma sn sg
ss'saa sna aroSas SsS
Yet Tor thls sad experience / am still firm
s: s sGa $ Sond n' pea
Mr.. Beok told some good stories and
finally brsnched OF into a biographical
sketah Of Beau Marohais; He told Of the
Of the appeal which Franklin made to him
for funds for tho new American Republic
and Of Harchais's advice to the French
King to recognize and assist the United
Then Mr.. Beck. a former officer under
the Roosevelt administration. sprung the
only sensation Of the dinner. He said;
But 1t was some time before franklin got
those sno ''ds days sepublios We're no, mads and
recognized In a day. rs they are now.
Laughter and considerable applause
greeted this remark The most serious
speech OF the evening, was delivered by Rep
resentstive Esche. His toast was Steps
to Promote trade and in part he said:
Coming from the hinterland, the. great
S3S. S2as Soa ssd dipss Of apR
nTy OUR busipess Ne,tnes Even Ell Eah. srded aboSs
Nth con. has driven forth the pagan receivers
from tha sacred precincts OF the City OF
~ol You have Haenssa reoenty suffered sharp shrink
age in stock values and consequent string
fears magnify these conditions into portents
q papic like that Of ssa II you have ,assds such
secretary Shaw, that they are psychological
and not logical.
Gently invested millions OF .your. free capital
in fixed improvements which. in due time
viii return good dividends and ease the
Let it be f%rt her remsm6ssred s, that hath the
centred hsrs but that many ID Of ,th,;s hsm
are o"ad Of the Mdde and the further
These slnews of your power remain to you
As the. greatest outlet for our merchandise
and etv tRe mearn Is the %ere
iGcs VIII the s}ory hs Srts,sS of Ss% l2rss FROM
london %d the proud title Of being tie greatest
financial centre in the world we shared your
a dfh hop Fdas Ss sR sRe !oTk RS Soon sSa be be"
queen of all the cities:
aeds hsfe for rea exploitatont alto ocedent. With its
Islands Of the sea, and South, America. In
The Occident japan. the traditional friend
of the United States, continues one OF our
best customers China, with, her promised
open ports will favor us with her markets.
fhus giving us our share in supplying the
wants Of one-third OF the population OF the
globe
Now what ought We do to secure our right.
tul share Of South American commerce?
We ought in the future. as in the past: to
enforce the Monroe Doctrine. and to apply
tho same TO any attempt by any European
mercia ports in Or near the American Con. no
Bowen in every southern capital
Mr. Esch said that we ought to- own,
build and fortify the Isthmian Canal. He
then made plea for better consular agents.
DR.. James H. Garfield, in his response to
The Banker and His Community told
several humorous stories, which went well.
One Of the best was this one:
recall a little anecdote Of an experience
Of Bishop Potter The. Bishop, was visiting
rural parish when he heard that one OF the
congre cation was a man who had driven
twenty miles to hear him preach. Bishop
Potter was fiattered, and after the service told
the man so. and added 1T must have been
3 great sacrifice for you TO come so FAR to
hear me deliver sermon. -