The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-10-12

Paid Annual
mem bership dues
September /, $780,. ....:.1.6O0 S11,Go0
September /, 1855. .... ...... 1895 l0,040
September /, 1885,. $50. 1870 1880
Interest on 10000 govern
ment bonds OF 1925...... 400
August 81, 1906. ....... $500" 1877 121,7ou
Making the total income SIPS, 1850
During the past year, 1O9S members
we're lost through failure, liquidation.
consolidation and withdrawal from the
association. This reduced the member
ship September /, 1904, to G.526 One thou
sand one hundred and fifty-two MEM
bers have joined since that date. More
members Joined the association last year
than ever before In the history of the
organization. Their aggregated capital,
surplus and deposits now amounts TO SILL
AGO. SIS 1877,
At the close of the fiscal NeaE. August
81, 1904 5GG members OF the trust section
had paid their dues, but owing to with
@drawals and llNudations, sixty-elEht were
dropped from mem bership, leaving aoS.
One hundred and forty having been added
to the rolls since Setcmher l. 1904, the
present membership is G3S. the largest IN
the history of the sectlon.
Thanked the President.
The convention enthusiastically adopt
ed a. resolution thanking President
Roosevelt for his action In bringing about
peace between Russia and Japan. The
resolution extends the thanks of the
association to the President for hisNun-
firing efforts "in the interest OF h,man!-
Is and civilization. which were so album
dainty crowned with success In the
treaty OF peace OF Portsmouth, which
has restored tranquility to Russia and
Japan and has made for the greater
civilization and hetterlnent Of mankind
The resolution was seconded by MI.
Jennings. of Florida a relative of VII
liam J, Bryan whose words moved the
hearty applause Of the convention.
1--WE love pcnce,' he said, 'and we
love the President. would not feel sat
is1ed to remain silent and hear
words OF patriotism that thrill all Amer
leans without rising here to second this
resolution and move for its unanimous
adoption
President Swinney remarked that 1t
would be more appropriate to take
rising vote The resolution was unani-
mously adopted.
Secretary Shaw Speaks,
Leslie NJ Shaw, Secretary Of the
Treasury, was introduced for an address
just as the convention regained its COM
posture from the peace" incident In
tho course Of his remarks, he said:-
The nations of earth sell to each other
$40 900 OOo, 900 worth Of merchandise per
ann,lm, one eighth Of which originates in
the United States, and one-ninth of this
grand aggregate finds our ports for ulti-
mate consumption. Within tho last half
century the United States has not only
assumed Importance among commercial
countries, but In the last decade she has
become the greatest commercial nation
of the world. Not only do her exports
exceed those of any other country, but
her domestic commerce is two and one
half times as large as the aggregate in
ternationa commerce of the round earth.
While the eighty and more commercial
countries arc selling, the one to the other,
merchandise worth $4,000 100000 the
American people sell to each other mer-
chandise worth practically $4,000, 100000
These stupendous and incomprehcnsible
figures make some of us proud some mr.
rogant. They should make us all
thoughtful, and prevent any of us from
becoming recklessly critical.
The time Is coming when we will need
international bankers and international
merchants and an international merchant
marine.
/ am we'll aware that this not sun.
posed to be n popular theme. but | did
not accept your courteous invitation for
the purpose of discussing subjects on
which all good men agree. ] accepted
for the purpose of bringing to your con-
sidernt ton questions which public speak
ers usually avoid, to tho end that you
may think them over, talk them over by