New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-09-16
A PROSPERITY SESSION.
ALL SECTIONS TESTIFY.
Bankers from East, West, North ana
South Report Progress.

~ American
citation convention. at the Waldorf. yesterday eA-
rosed the honoEness OF the Southern Democrats
contention that Republican administration mas
spelled disaster 20 the South. North and SCUM
New England and the Far West. We'd with each
other IN their reports Of progress and prosperity
as well as OF the encoura gns outlook on every SIDE
p F. Maddox first vice-president OF the MaddoN-
Rucker Banking Company, OF Atlanta declared
hat the Georgia banks we're to-day in more
prosperous condition than at any other perlod Ia
tfe history the state. Crops this year. ne sAlA'
had been Of record yield
George s. Brown president Of the City NauonaI
Bank OF Raleigh, ~ c.. reported that IN North
Carolina alone the strawberry crop had Desh %
extensive that il had brought return OF more
than s. 10000 and would have filled train elght
miles long.
The future" he said. is radiant with nope
The prospect OF the new big canal with all thSt
Il means for the South. has accelerated and stima-
lated trade of ali kinds. All Is wen WIN Ae
SOUTH" he said, in closing
The reference to William Jennings Bryan in the
speech OF W. c. Robinson, president OF the FIST
National Bank Of Winfield. Kan, met with sig
nihcant silence While il was evident that the
general opinion was adverse 10 any expression OF
political faith the general tenor of the speeches
was long tacit but glowing tribute TO the
policy Of the administration.
Mr. Robinson characterized Controller Ridgeley
as a safe and sagacious leader ''Fhe West" he
said. feels complimented in having among the
Presidents cabinets such men as Lyman j. Gage.
leslie N. shaw J. Sterling Morton, and his dis
einguished son. Pau, Morton"
Eugene E Prussing. Of Chicago. whose paper on
National Banks and the Trust Company Prob
lem was read by Frank +. McCulloch.. advocated
an expansion Of the natioral banking act and ths
placing OF national banks an equal footing with
the State banks and trust companies as 10 the
power TO do business.
Joseph c Hendrix. an ex-presldent of the asso-
citation. closed his address b. telling OF the pros
perity OF the North. New-YOrk City and the whole
country
J. Writ Randall. president of the Farmers Ma
fional Bank Of Annapolis Nd. urged the adop-
ton Of a resolution declaring that trust companies
and State savings banks should be obliged TO have
the the national banks He de-
clared that il was a gross improperly for trust
company TO become a promoter in speculation.
A B. Wheeler. president OF the United States
Safe Deposit and Savings Bank. OF New-orleans
speaking Of the convention and the general hnan-
cial conditions. said.
Nothing emphasizes the healthy financial cOndi-
ton ana prosperity Of country strongly as the
fact that the masses filling the savings banks
FuI bank vaults mean run dinner pals ano me
saklts bank is LIBERAL educator tor the pest
political economy. II teaches prudence, thrift
OF iAdependent manhood and good citizenship.
This convention IS an American exposition OF the
bs,ers % lbor RE- bndred days Year IN
the building and UNFOLDING OF every branch of
trade and Industry, and TO whom the United States
illustrates more fully the benehcent effect OF ac-
cumulated savings. wealth and well directed hnan-
ciai AID than the magical Improvement and CON
structiye growth OF your beautiful city Network
City no longer belongs TO the New Yorker il Is the
pride Of the whole nation. and causes every loyai
citizen 20 take fTmer grasp on the Stars and
Strines. II IS only equalled. prOportionally. 10
growth prosperity. enterprise and responsiveness
by my own New Orleans. her sister city; In which
the greater glory OF its star.
Immediately after adjournment the nominating
committee OF State delegates and the nominating
committee at-large met and nominated their can
didates for to-dsy's election.
The cornmittee-at-large nominated the following:
For president f. F. Swinney. president Of the
First National Bank Kansas City; vice-president,
John L Hamilton, vice-president Of the Hamilton
and Cunningham Bank. Hoopeston. H. members
OF executive council, G. S. Whitson, vice-president
Of the National City Bank. OF New-fork CITY
(1nanimous); Clark Williams representing the
Trust Company Section New-YoTk City; Jonn
Perrin American National Bank. Indianapolis.
Ind. Grier Hirsch. York. Penn. and J. 7. Des-
murkes. president Of the First National Bank. St
Inc State delegates nominated the following for
members of the executive council: z X. tancheE,
J. Fletcher. cashier First National Bank Marshall
town. Iowa; l.. b. Farley cashier Merchants and
lam George president Illinois Bankers Associa-
ton, Aurora III. and F. Il. Marshall, Vtce-presi-
dent National Bank OF Commerce. St Louis, No
Last night the visiting delegates and their wives
were entertained by the greater New YORK bankers
at Luna Park.
-Four hundred delegates were the guests Of the
National Park Bank in trip through part OF
the subway yesterday. The start was made from
the Thirty-third-st. station and the trip run
Al the third and last session OF the convention
to-day United States Treasurer Ellis II. Roberts
viii talk on The strength and Weakness OF Amer
lean Finance" and W. h. Schweppe. manager OF
Indemnity Company ST Louis. on Credit In
demnity and Its Value 10 the Banker"