New-York tribune., 1904-09-17

p p BWTNNEY
New president oe the American Bankers Arsocia-
ton
race and we despss them as well as the whites do"
Colonel lOwrey. president Of the Lowrey National
Bank, OF Atlanta, Ca. responded warmly 10 Mr
Mitchelrs speech. in the same spirit. There is
trouble between my race and his in Georgia Both
the loaing white and the loahng black men
are despised IN my Stste.' said ne. 81 am glad
Ar. Mitchell has spoken an6 put II on record that
the Bankers Association draws color line and
welcomes successful bankers be they white or
black members
President Bigelow. with a touch OF hunor,
Thanked both speakers for putting the convention
on record to this question. and said: Rest
sured ii was not shadow. Mr.. Mitchell. that you
threW across our convention. and. regarding
tory, your eloquence has shown that speech
making the South has no color line"
Ar. MitcheL's speech was the one topic OF con-
Fersation after the convention bad adjourned, His
frank acknowledgment that the negrO was received
as business associate, not as a business rival.
the South caused much satisfaction the Southern
delegates, one OF whom said: His speech will do
great deal of good for his and serve to dspel
the current opinion in the world that the business
men Of the South desire TO opprass the colored
man."
Il came TO the convention" Mr. Mitchell said.
Eat the solicitation of the white people OF the
South, most particularly Alabama, although ! am
a native Of Virginia. / the last 10 force
my way into this convention and demand any
privileges yet felt il my duty, on being so strong
ly urged to attend and in defence OF the white
business men Of the South 10 address this conven-
1ion as have done The white business man Of the
Sorth is friend TO the respectable and hard
working colored man
The last day Of the convention devoted to the
reading os speeches and the election of officers
TO serve for the coming year. After prayer by the
Rev. J. NJ Farrar, OF the First Reformed Church OF
Brooklyn, President BigeIow introduced w. E.
Schweppe, manager Of the bankers department OF
the American Credit Indemnity Company Of ST.
Louis, who spoke Credit Indemnity and It's
Value 10 the Banker" Ellis IA Roberts. Treas
Of the United States. was the second speaker.
lie said:
ments. While cannot follow the debate relative
Sscf fhat among the great conmercial nations Inc
yellow metal is The ONLY instrument for the final ad,
mankind has chosen IL for that purpose and there
is no other instrument available A few countries
adopting the richer metal.
Sons ~ inTorts d eors We're Carried acros. The
ocean at great risk heavy cost for freight and not
little loss by abrasion. Why should this treasure
banks Of this and other cities used to deliver money
70 each otherf Is il not possible to frame system
at proper intervals? Surely II would be cheaper
ay boeses 5oe enfs day tds 5n me gross sums as the
why cannot an international cleo ing house be
organized: Perhaps jealousy VIII tG rbid the selec-
zion OF a single city for the purP The inter
national organization may have itr vaults in Lon
don. Paris and Berlin as wen in New-York
and the treasure can be divided in the ratio OF the
the four vaults be interchangeable. The bar
sser Sc Afia4tjc NAV 20 with The method OF The
mumnies and the cave dwelers.
A resolution of thanks 10 President Bigeow and
Secretary Branch was then passed. and ano0S
by Colonel Cowry. Of Georgia. directed the secre-
fary to send ever United States Senator and Con-
sressman a copy Of the resolution adopted by the
convention advocating the passage of Senator
Lodges consular bin.
aid nr ~ Of rbo
executive council that Washington. d. c. would
be the meeting place Of the association; This
came as surprise 10 the delegates Of the Middle
West. who had expected that that section Of the
country wouid be selected - ,,.--.
President. F. i. Swnney. president OF the First
National Bank. Kansas CITY: vice president John
I. Hamilton, vice president Of the Hamilton and
Cunningham Bank, Hoopeton. H.; members Of
executive council. 9. = Nhitson. yice-p -ppresident
a the NauoH2l City Bank. of New-York CITY
Trust Company Section. New-York City; John Per-
rin, American National Bank. indianapolis; Grier
dent of the FIRST Na;ional Bank ST Augustine Fla
Last night at Sherry $ a dinner was given for
OF this city. and Richard II Edmonds. OF Balu-
l. p HuIIyer cashier OF The American National
Bank OF Macon, Ga, introduced resolution which
vtation 20 the cotton manufacturers of Great Brit
Stiy APPOINTED deieeates 10 make neTso3al etuay
stbliiies OF the South. The resolution promised
hearty welcome The Southern railways have
promised The visitors special service ard every im-
2ortant Southern city has preferred its hospitality
a telegram also received expressing the will
ingneEs OF the British spinners 10 accept the inVi
tatiOn visit the South
John plsmukes. Of ST. Augustine, Fla, touched
on Mr.. Mltchells topic, the color line. He said
The prosperity and success OF the industries OF
the South DO net depend on the negro. The back
bone OF al the cotton industry Of the South always
has been and always w!n be the white people
Mf. Morse then spoke
Later Mr. Disnukes declared: "If I have said
anything that would reflect the good people
who went down South and engaged I'm the rice Gull
tivation in louisiana and Texas, wish to correct
INC impression REGARDING MeXicans and Italians
doing the work IN these States. What / wish 10
say chiefly IS that the South does not depend on
Inc negro ior .he maintenance and success OF the