The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-05-25

/
| Cashier Of State Excharge Rank. Macon.
| Mo. TO be elected president Of Missouri
Bankers Association
| membership OF rs ana is the second
| largest in point OF numbers in the United
States and the largest In percentage to
territory. The treasurer also reported that
the association. which Is divided into
| twelve groups, vas fourishing in every
respect The report OF Secretary ". F.
| Keyssr contained an account ot the work
done by the association in prosecuting
| protective work. showing that large sums
have been spent in securing immunity
| frcm criminals.
| last day OF the convention. Harry NJ Ru-
| hey. cashier OF the State Exchange Bank
| at Macon; Mo, will be elected president to
succeed J. ). Calfee Of the Mechanics
National: Mr.. Rubey. although only 20
years old. has been in the banking, bust
| ness for twenty one years. establishing
the bank he is with ten years ago. and
| bringing It TO a place high IN the plane
| Of Missouri financial institutions.
At the meeting Of the ST. Louis group
yesterday. which is known as Group No
| !. and which includes st. Louis and St
Louis County. J. a. Lewis. cashier OF the
National Bank OF Commerce. was elected
| dent and treasurer Of the Mercantile
Trust Company. was elected secretary.
DOCKERY WELCOMES DELEGATES.
Promptly at 1:3o O'Clock President Cal
fee called the convention TO order and
the Reverend ]. l. Mcdonald. pastor OF
the Lafayette Park Methodist Church. in
voked the divine assistance upon the de-
uberationS Of those assembled. President
Ca.fee then introduced Governor DOckeTy
TO welcome the visitors IN the name Of
the State Of missouri. Governor DOCkeTy
said:
/ speak no mere formal welcome when. in
cordial greeting upon the occasion of your four
teenth annual convention welcome YOU IN n
auditorium OF MssouTi's building. constructed
under the skillfEl direction Il the state Com
posing architecture thls building iitIngiy typi-
res the grandeur and glory "f Missouri
1 nations greatness l. determined in large
part By its financial strength. The dsve.oJ,-
enterprise. the Integrity and the business iudx-
rnent " individual and corporate management.
ter days the trust company. represent me
silent partner In almost every Transaction. and
are of themselves a huIwRrk % strength. They
and foresight Of their officers and directors.
In their hands lie the financial secret Of every
merchant, every tradesnan and every profeS-
sional man in the community. The nature ot
the banking business Is such that its success
business factor.
sAFEGUARDED LEGISLATION
Hedsed about by every safeguard which .I-
perience proves 10 be wis-. the financial insti-
tutione Of this time shielded by the most
efficient legislation. The nation and the State
have enacted laws 70 protect both stockholders
Guent inspection and examination OF loans. and
other salu;sry snaetm.nis. are al, timely: hut
the integrity and capacity OF the managing
BuIks and bears wrestlc for supremacy I'm the
great money markets Stocks are w today
in 4 moment. and sweeping disaster 10 others
in the swing of the financiaI p-nduigm how
ever. only concern the banker IN an Indirect
way. The far-sishted hnancier Is uEiist---..ed
his loans as 10 preclude the danger of dis
asteI; Occasional failures. how.yer. are un-
human. out. Of the wrecks. Which now aHI
takes up the burden and SEEKS TO repair his
broken fortunes. He may not always succeed.
but the world encourages his Efforts.
SHOULD CONTINUE To DEVELOP.
Walker Hill. president OF the American
Exchange Bank. was next introduced. TO
welcome the visitors in the name Of the
st. Louis clearinghouse Association.
Mr.. Hill reviewed the Fair and its won
ders. stating shat one week ago there
were nearly 1900 men working on the
grounds. Speaking of the bankers as
sociation. Mr AN said that the sssocia-
rights. OF all. continue to develop and
extend.
Bank of Kansas City. was then intro
duced to respond TO the addresses of well
come.
Mr. Doniinick said in part:
..welcoms''-few words fall 50 sveetIy On
the human heart. and there is a sweet catenc-
in IL whenever and wherever heard
welcome TO 50. Louis''-this rar-farre,,
cIty-means much and the hospitality vghIch
has been shovered upon leads US TO beIIeya
tina, your hospitality Is boundess
HAS COVERED HERSELF WITH GLORY.
You told us that You We're planning big
things and you have more than ezcecisd our
expectations. st. Louis has covered herself
with glory. and in doing the luSter of her
success has made other States and Territories
Of the Louisiana Purchase shine with reflected
splendor, and Missour! above them all
In all things. year In and year out Mis-
eOuri leads all other States and IN the fore
front OF the hiEh-cass citizenship OF this great
State stand the Missouri bankers men whcse
homes are synonyms for honor and Integrity
Following Mr., Dominick's speech PresI-