Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-05-15
BANK CLERKS ORGANIZE
INCREASING THE MEMBERSHIP
OF THE AMERICAN INSTITUTE.
It Now Has Twenty-Seven Chapters
Throughout the Country, With
Membership Of Six Thousand.

ssThe American Institute of Bank Clerks,
which has a large membership in Wash
ineton. is making arrangements to increase
this membership not only in Washington,
but throughout the United States" re-
marked a prominent bank clerk I'VE now
have twenty seven chapters, with totai
membership of 6OOO. Some of the most
prominent chapters are located In baiti-
more, Boston, Buffalo. Chicago, Cincinnati
Cleveland, Denver, Detroit Grand Raplos'
Hartford. Kansas City, Louisville, Milwau-
kee, Minneapolis. New York. Philadeiphia'
Pittsburg Providence. Richmond spring
field, st. Louis, st. Paul, Salt Lake Clty'
San Francisco, Toledo, and others are IN
process of formation.
MANY of the chapters are engaged In
independent efforts Of interest to the OF
ganization. The American Institute OF
Bank Clerks has been in existence only
since 1900 when at meeting OF the
American Bankers Association II was VI
ganized at Richmond. Va. The panAeis
subscribed a fund for the purpose OF OF.
ganizing the clerks in the realization thal
such a body would be of great advantage
to the employers.
Aim of the Institute.
1.-THE bankers felt there was tendency
toward overspeculation among the cieiAs
in the modern banks They 1elt 'ha'
it was too often the case that clerk IN
large city bank was familiar only with
the duties of the position which ne tneh
eued and was. therefore, untitled to take
a higher position when the latter was oner-
ed him. 1t was to do away with TINS over
specialization and to educate BANK CLERKS
along broad banking lines that the lnsli-
tute was created. ., Ia
Joseph G. Lincoln. who has recently ON
cially visited the chapters of the orgahi1a-
| ton, says regarding their work; .,o,.
1.-The work is conducted chleaiy a tsons
three lines: First, through organlzatlohs
| of bank clerks located in various cues anu
| holding meetings at regular PERIODS TO uis-
| cuss technical subjects and 70 heai .Is
lures; second. through the Bulietln, .S sie
oficial organ Of the institute. Dl-mohtniy
periodical, publishing the lectures oehVeieo
before the chapters and other matter OF II
| terest and, third, through the Corlespon ~,
| ence School of Banking, system u 81 .
| ing by correspondence supJeces pei '"ii---'e
and relating to banking. ,,,,;,,
| "'The Correspondence School OF Bahkihs
has now between seven ana eish. a,o 800
| students. The chapters were never M a.
nrosperous The work that they are w
ing is being recognized by the bankers, ano
| ia receiving much ENCOURAGEMENT from
| them. 1t is, of course, the aim to make
| the chapter a training scnool wn1nSs
| hank officers may draw recruits 10 ehe.i
own ranks. That this claim has been at
| tanned. at least in part, Is proved by lhe
| fact that several of the chapters nave
| been required to re-elect new omcers re-
| nea tedly the older ones having been caHeo
| to oficial positions. The Minneapolis chap-
| ter has had four presidents In sometnlns
| less than two years Bankers In MANY ".
| les have been outspoken In praise Oh the
work, and one Is on RECORD as sAS o,aa MA y.
| he wished there was some such orsaniza
| tion for bank officers, adding that many OF
| the latter need It,
Some Of the Speakers.
"Among those men who have spoken be-
| fore the chapters during the past year are
ex-secretary Lyman ]. Gage, ex-Assistant
| Secretary Frank VANDERBILT ex-Asslstant
Secretary Milton E. Allies. O. P. Austin OF
| the bureau of statistics; Jas. Sample. chie1
! of the division of ISSUE United States
treasury; A. B. Stickney, president OF tne
Chicago and Great Western railroad; DOT
| A. Kinball of Marshall F1eio q 20. III
cago: Representative Charles w. Fowler
chairman of the banking and currency COM
mittee of the House; Representative rugs
| ley Of New York and others equaliy prom
nent Besides these, many or the ieadins
| bank officers of the country nave spohen
before the members.
Some of the chapters are undertaking
very ambitious work on their own account.
Chicago Chapter is preparing q DOCK on
the subject of The Relation Of Banking TO
Commercial Enterprise. Its chapters are
| being prepared by committees, who divide
| the work. 1t will be a large volume, and
| without doubt of considerable value when
| completed st. Louis Chapter Is accumu-
| lating library of banking literature, which
| already is one of the best in the country.
| It il aided in this work by the bank
ers of ST. Louis. who have contributed lib
| orally toward the library fund. New York
| Chapter Is preparing a photography OF
| banking literature, and this important work
| is we'll under way. 1t Is proposed that this
| photography shall not only contain the title
| Of each work on banking and finance pub
| lished but shall also contain a brief digest
! of the work in question.
Bankers Who Are Interested.
Among the prominent bankers Of the
| country who are interested in the institute
| are James G. Cannon. vice president of the
| Fourth National Bank. New York, who was
largely instrumental in securing banking
| support for the work. Others with Mr..
| Cannon on the board of trustees Of the in
| stitute include ]. B. Finley. Pittsburg, Pa.
| president of the Fifth National Bank, N.
| Y; George F. Orde, Chicago. ILL.,, cashier
| Northern Trust Company; Robert ]. Low
| nv, Atlanta, Ca. president Lowry National
| Bank; A. C. Anderson. st. Paul, Mimi.
president ST. Paul National Bank; Harry l.
| Burrage Boston. Mass. vice president Eliot
| National Bank: John F. Thompson. New
| York, N Y, vice president Bankers Trust
| Company, and Walker Hill, st. Louis. Mo-
| president American Exchange Bank"
|