New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-07-14
NEW YORK BANKERS MEET
James ". Beck addresses annual
Contention at FrOntenac.

Frontenac, y. Y, July 13.-Three hundred and
fifty members were present to-day when Presi-
dent Charles II. Sabin. OF Albany. called the
New-9ork State Bankers Association TO order.
The meeting was formally opened by a prayer
by the Rev. Lawrence y. Sirrell. Of Clayton. I'M
meeiately afterward Alfred H. Curtis. Of New
York president of the National Bank Of North
America. presented 10 the retiring president
Charles H. Sabin. a silver gavel Follow
ing this President Sabin delivered the an
nual presidential address. pleading for conserva-
tive action in all business relations Of the asso-
citation
After reports by Secretary Z O. EIdridge OF
OWego, and Treasurer David Cromwell of White
Plains. r r Flynn, president OF the National
Live Stock Bank. Of Chicago. spoke TO the mem
bers Of the convention. He advocated govern
Inent supervision OF organized combinations.
James N. Beck. Of New-York delivered the
concluding address Of the session
After commenting on the general discomfort
IN this country with the abuses of wealth. Mr.
Beck said:
apart ron this commendabIe intolerance Of m
It's origin IN less worthy consfjera+os 10 II paTt
~ iIi from the clash Of IDEALS a narrov 7.-ts
The aesthetic world with 9e ime eHleat inspires it
~ ~ rs own sphere OF activity, is at war with
present extraordinary and overshadovirs deVeIon
ment OF industrialism. The dominance of Sor2
nerce IN the thoughts and activities of men - IN
atoe-sea me anlagonlsm Of many educated men
hiIation OF the Individual 1o1 TIE ami
An attitude Of cynical contempt has GENERALLY
@-eea lAe men OF learning so-called for the men
@ se We sF 6 5 tRs fo By A
q the early Chris ian era took ~ r15va,-
We should give over this piJiful cant
c5er rnoS ti aot7a ar, II IS simply certified
Lo-5Se snare OF lis accommodations To be pretu-
49, ag@-Ist wealth because Of its misuse by the
te%--Le NeatJh 10y honest methods without becoua-
acquisition Of money he adaDta5io1 Of our enaT
gles 10 me s9c.al machinery Of modern life is
No charge Is more false than that we are
cline ever cared less for money when earned than
We. FrQogaliJy Of expenditure rather than mar
1rgui,h.ng chaIa cteTis1ic Of the average American
- - Gi'oSS Al an ea[ilest oesIe
Is Tie necessary material for further constructive
that industriaIism has not degraded the moral
nature Of only be determined by compar-
Ing ideals Of human character as set forth in
Fsaf heroes Of our Goonia aacegtors were s the
pleasure loving galants Of Fielding Smolett and
Congreve, whose chief exploits and pursuits We're in
the drawing room the dueillng field or the card
seemed 70 have ocSuTred Io our
fathers. Tom Jones was their hero, who II in the
flesh today, would be socially ostraclzed by respect
Unquestionahly the spirit Of business enterprise
q calculating values men frequently sink 70 the
nearly so rife to-day It was IN the eighteenth
century. Much that is called speculation IL
a mere wager upon unascerIal-able hazarcs, put IS
a highly scientific adaptation Of the present 70 the
probable and such calls into exercise me intel
iecrual faculties Of analysis and deduction
The edi1ice Of the commercial WOrlQ rests
urOn fair dealing. The capital OF the DaIlAer
AZ confidence. His nominal capital is a mere CON
cessiCu 10 public opinion. There are unqueslloaoIy
but their number Is lnIlnlteslIIdl
IN comparison With the many that are Kept Win
gcruullOus fidelity. DespirG enormous e1pal-
EfOu of business activity there was never SO nLuo
litigation over broken contracts We hear n these
6svs Of many Declarations and breaches OF trust.
but must remember that the means OF
Rre thOUsandfOld greater than ever DeIoTe, anu
@Ler the opportunities for Such recfeaACy SLe q
rrOlssuGfOld greater than in any oIner age ! AeLe
fa:thleSs bank clerks because I4t1e a. 2
rorlnarison with the faithful! Nor need We 5 5sss
ne anal test whether CONNER .
mat spirit Of chvalry. when Is IatLL- -
-oFIe 35esI even unto death The -FOUR sresdl
United States. Germany ana Japan, ,aor+ai
5-ase-r generation each has engaged N q -. -
ss---0pie and each has shown that the ELe1S
soldiers NAV be recruited IRON, nc C0N-e
80 shop and from the field and tarll.
Alfred Il. Curtis, of New-York president OF
"a. National Bank Of North America, was
,,narir,ouslv nominated as president Of the New
york state Bankers Association. The other
-o-rirafions were E. c. McDougan' OF BuIaIo,
--esideut OF the Bank Of Buffalo. Vlce-preslCelIl
David Cromwell OF White Plans treasurer
= O. Eldridge. OwegO. secretary . -,,-
The annual dinner was helc to-LlgIlt- ma
Z Ssbfn acting as postmaster Ihose VINO
$50 we're. Joseph c. Brown. Raleigh, \. -
lanes NJ Beck New-York: Bro , CCIet'
Fsrooxlvn: Senator s. n. GrisWold- BroohISn ~
Flvnn. Chicago; John r. Van Morrner'
New-york. and Joseph A Lawson Oh ->4O6--''