The sun., 1905-12-16
TRUST COMPANY MEN DINE.
George ". YOUNG Entertains . Number
OF Guests-FlingS ~ jerome.

george W, Young Entefthih NuibUo'
OF GueSts-Fiings ~ Jerome.
To mark his retirement as president OF
the Trust Company Association OF the state
Of New York, George W. Young gave a
dinner last evening at the st. Regis Hotel
to the presidents OF trust companies OF the
State and their friends About $50 were
present. The new president Of the asso-
citation, John +. Borne, sat on Mr.. Youngs
right and Comptroller W. B. Ridgely OF the
Federal Treasury was on his left. There
was a large attendance OF trust company
officials from all parts OF the State.
The dinner was notable for the large
number OF we'll known men in attendance,
among them Frederick D. Kilburn, A. b
Hepburn, Cornelius Vanderbilt, Col. George
Harvey, Alfred Skitt, W. G. Oakman, John
Waterbury, Brayton Ives, De Lancey Nicoii
James s. Sherman, Cord Meyer, James
g., Cannon, A. J. Hemphill. James HntselI
Soley, Charles H. Allen, Francis Il HenaTieEss
James Smith, Jr.; siias B. butcher, Henry
Bischoff, Alvin W. Krech, +, r: l.. Gould
Adrian H.. Joline, p, F, Murphy, Daniel
Day and Charles M. Jacobs.
after toasting THE President OF Preei-
dents" said:
The Comptroller OF the Currency, who
honors us with his presence here Tonight,
estimated last year that the banking power
Of the world amounted TO S33. .607 100000. OF
which the United States contributed nearly
si5, 900. 000, 600. 25 per cent OF which-or
something over $3.50. 900. .oo0-being contri-
buted by the trust companies oi the ,hlteu
States. nearly one-half of which was repre-
sentcd by the resources Of the trust COM
of hn Stnfn Of
Our growth and resources within the last
decade have been phenomenal. approximat-
ing 81 900 900 900 and tho depositors. shar-
ing in our profits in the receipt OF interest
on their accounts, number nearly 26O.Ooo,
which undoubtedly represents clientele
of over a million.
We have paid our stockholders in dividends
during the last ten years the enormous sum
of 500. 900. 900. and our surplus and capital
amount to over 1920, 900 and. incidentally,
We are now contributing yearly to the state
OF New York an annual tax of over s., ,00o, 900.
Dir. Young pleaded for closer relations
between the trust companies and other
financial institutions and said that the
trust companies should lead and not follow
in real financial progress
John E. Borne spoke briefly and then
Col. George Harvey responded to the
toast, Days Like These" He said there
never were such days before. He spoke
of the abrupt awakening conscience"
that had arrived at the right time, ~
You are all scoundrels!' he said. The
Integrity Trust knows only two Golors
1t is all white. All the rest of ,ue is black
There is hope that we may all be saved,
for the Integrity Trust says we must. You
must be honest, only you must holler about
it, for behold to-day the spectacle OF blatant
ProbIty. yawSpin out t, its character from
Col. Harvey spoke of the high regard
the bench used to hold in the community.
1t was not so now. There has come time
for American manhood TO stand up and
let the daylight through bleating humbug,
made a reference TO District Attorney
Jerome's attack on the judiciary as an I'm
patriotic and disgraceful act.
Adrian X. Jollne, Rex i. Beach, z. F.
Murphy and Comptroller Ridgely were the
other speakers.
Mr.. Jo!ine had lot of fun over his birth
place up the river, which. he said, had
sheltered more distinguished criminals than
any other place in the United States. He
said he referred to Sing Sing and mot the
Capitol at Albany" Then he took fling
following Col. Harvey's example, at Dis
tiict Attorney Jerome's attitude on the
judiciary of this district. He said
we hear demagogues seeking to influence
the minds of the thoughtless even against
our Judges, trying to destroy the respect
OF the populhce for the law and for the men
who administer it, | cannot refrain from
81 ying that when public officer Of the law
procIaims in words which are flashed by
the electric wire all over this country that
with a few exceptions he has no confidence
in our Supreme Court and no respect for
its Judges he deserves the censure and
disepprobation of all sound thinking and
con >ervative men.
AT the meeting of the assoclat ion in the
afternoon at SO Cedar street, these officers
were elected. President, John L, Borne
yice-pres ident. H. &. Deming,; treasurer,
Edward johnson, and secretary, p. 5.
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