The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1906-09-26
BANKS SHOULD NOT
Be HAMPE:RED
BY LAW
JOHN 6. AlsTHoRPE RESPONDS TO
WELCOME ADDRESS ATT STATE
BANKERS MEETING.
LIFE BLOOD OF TRADE
Is the Eank and It Should Not &c MAIDS
Subject of Attacks Because Of
Results Of Few wildcat
Concerns.

Springfield. H., Sept 25 Al the
, Bankers Association OF Illinois meet
: ing now in session In this city Cover
| nor Denean discussed the government
ownership of railroads and pubic
utilities.
Mr.. Asthorpe's Response.
John s. Aisthorpe. cashier Of the
City National Bank Of Cair1 respond
ed to the address Of welcome, Mr..
Aisthorpe said:
To the Honorable Mayor, bankers and
, Citizens Of Springfield
Il Is my pleasure, ~ have 1cen se
lccted in behalf of The members of tie
Bankers Association of Illinois. to re.
Ispond to the woris If tlcame. which;
have been 50 cor i,4!ty aud ants nx-
pressed by the stcatlve of yeur city.
II Is always pleasirr an erat 'fyinv
when ~ the midst of stfln4ars. I'd
know that we are welcome. although
i can hardly be said. that the Bankers
of Illinois are among sfraagers Felfv
ae visitors in ana snas7s ef. tho city
of Springfield.
! You have a beaaftftl Bna itegres
siye city. even asiIa from The fact
| that II Is the caRit3l Of the grant.est
state In the unioa Illinois
1t goes withour ary speeia. mention
| by me, that when your Invitation was
extended to the BANKERS ssHociatian.
TO hold IT'S Conyenti,n MS wear n
yonr city that we p.n.I knew ve acaiit
ne welcome a.Is fai s'lTa also
be generously a1i rayally tagcn 1afe
n
Ndur bankers and tfii1eas have the
irerutation, of aJt'a those gao1 thia.ss,
whifh make yodr CREST fee. nj home
nj the assurance TINT he is ,aveF vel.
lcoGe within yodr gates.
II does not require mgch effort on
my part to say. we taank you and
we do thank you and | take advant-
age Of The opportunity 10 remind Won
Of the significant fact. that fifteen
wears ago the Bankers Association of
Illinois was permanently organized
- falAS WY III tbE year iS3A4
find by reference to the proceed
ings Of the meeting held that year.
that about sixty bankers attended.
men who We're the pioneers In the
banking business. and 50 engaged at
that time In the Sta.e II Illinois:
some OF those gentlement are with us
today, MANY have passed away.
The declaration under which tho
and bylaws were formed
and adopted at that meeting, and un-
today, reads as follows:
Declaration.
In order to promote the general
welfare and usefulness of banks and
banking Institutions. and 70 secure
of action toge her with
the practical benefits to be derived
from personal acquaintance and from
The discussion OF subjects Of import
lnce TO the banking and commercial
interests of the state and especially in
rider to secure the proper consider
Dtion Of questions regarding the inan-
'ial and commercial usages. customs
md laws which affecs the banking IN,
erests Of the entire state. We have
o srbmit the following consultation
nd bylaws for The Bankers Associa-
ion of the State of Illinois"
The sentiments and expire sions of
hose men of fifteen years ago. are
ust as timely now. and stand more
rmly than ever for the deeds and
ctions of the members Of this AS
ociation in convention today. rem
asenting over one thousand members.
We are here not merely for pleas
re- but for the transaction Of busi
e-s, specifically per;at1ing 70 the
ankinE and financial interests. not
lly Of this state bat also in SO far as
may influence and benefit cur entire
'untry. therefore our hosts are not
slowing their couresies unon rs
r pleasure alo1e. but for The good
at may result from our best thought
ID most careful efforts
Banking institutions are fig rative'v
eakinE. The financial life hlo Of
ide and industry. ex-en fing aid %
classes and 10 every business en-
-prise Il is well known that the
usual Developments. f wildcat al
ihouest banking methods trs heea
ter experience 10 many of the eiti-
rs Of our tate.
Yet I am one. who does not be-
ve It fair and flst 10 eenfern the
ak as an Institution. neither should
" be selected fr es2eesal ofiun
made the sabseei af attack. o. n
sonahly restrictive laws governing
conduct af their affairs.
ffsa..i-,,s.s -, rs,,.-,s. u.s..