The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-05-23
All Sit Down to Monster Ban
quet Last Night.
Some Excellent Speeches by the
Visiting Financiers.
ACKNOWLEDGEMENTS
Says That He Is Not Yet "City
Broke.
Congressman Calderhead Also
Makes a Short Address.

The twentieth annual meeting of
the Kansas Bankers association closed
with a banquet at the Auditorium last
night at which 4S0 plates were laid.
The bankers, with their wives and
friends. sat down to the feast, which
was one of Mrs Holyoke's best efforts,
promptly at siN-thirty and for an hour
chatted as they dispatched course
after course. Following the banquet
for three hours the visitors listened
to after dinner speeches and witty re-
marks by Toastmaster Harry J. Bone,
who presided
fitting close for the most successful
meeting the ISOLATION has ever held
In its twenty years of existence and
each speaker in his turn took occa-
sion to eulogize Topeka and praise
the hospitality shown the members of
the association.
From the first arrival in the city
Tuesday morning, Topeka has appre-
ciated the fact that it was entertain
ing an unusually cultured body of
visitors and the efforts of the city
through its local bankers has re-
bounded to the credit of these mem
bers of the association and the city
alike In his inimitable way the toast
master introduced speaker after
speaker and before they closed they
paid their compliments to the city
whose guests they have been for the
past three days.
Mr.. CaIderhead Speaks.
Congressman Philip P Campbell. of
Pittsburg, was unable to be present to
respond to the toast Kansas, But this
makes but little difference" an
nounced the POSTMASTER, las Kansas
needs no champion at this meeting
though I did have some things I
should like to have said about Mr..
Campbell if he had been present and
in his absence they would seem out of
place"
In his place Congressman Calder
head was called on and responded in
a short speech, touching lightly on
the banking system of the country
and its needed reforms. You Kan
sans know ali about the state" said
the speaker. land / am sure that I
cannot say anything about it or it's
resources that would be new or inter
esting to you"
Ex-Governor w. j. Bailey. formerly
of Baileyville, but now of Atchison.
was introduced by an allusion to the
story that he recently cashed a photo
graph of a draft which was presented
at his bank. And now" continued the
POSTMASTER. "the bank is receiving nu-
merous letters daily containing the
the requests that they be permitted to
draw sight drafts secured by them in
lieu of the real article
Rural versus Urban Banking" was
the subject assigned Mr.. Bailey. 81
am still A rural banker said the
speaker. land not thoroughly city
broke, but I am catching the step rap
idly. All city banks are dependent on
the smaller county banks" he contin-
ued, though I find that there is a
vast difference in their operation. In
the country the local banker is a
man who is regarded as the legal adj
wiser of the community and his opin-
Ion is asked on all matters of imp0r-
lance. He makes his loans to his pa
irons or the knowledge he has of their
honesty and ability to pay and the Sc
~ low l-,,--
In the city it is a different matter and
the big institutions who are seeking
a loan are compelled to come through
with bonds or securities to secure their
loans no matter what their financial
standing and rating may be-
John Lndburg. president of the Ma
tional bank of Pittsburg. was intro
duced as a Frenchman by the toast
master. though he 10 marked ma
tive of Sweden as though he had just
set foot on American soil who spoke
on 1.-The Needles Eye or the Bankers
Last Chance" "It has been said that
it is easier for a camel to go through
the eye of a needle than for a rich
man to enter the kingdom of heaven
said the speaker. but as far as I am
able to observe this ruling need not
exclude single banker from entering
the pearly gates.
However. if there are any of the
members of the Kansas Bankers as
ISOLATION who feel that they are to be
QepTlNSQ O1 lA1lS GLJOy III the IO-
ture world on account of their wealth.
as treasurer of the associa ton am
willing to relieve them of their surplus
wealth and take my chances on meet
ing them later"
Daddy OF Them All.
John r. Mulvane was introduced as
the daddy of the association and he
confessed to the charge and said: Il
am proud of the honor which has been
bestowed on me by the POSTMASTER and
to x17ea far
it has grown in these 20 years to be
a husky chap A few of us got to-
gether in February, 1856. and decided
that Kansas should have an associa-
ton of bankers and this is the result
We have held meetings regularly ever
since that time with the single excep-
ton of the year 1898, and for various
reasons we were not feeling like hold
ing A meeting at that time. We start
ed With a handful of members and to-
day there are $50 active members of
the Kansas Bankers association and
that is record we may all feel proud
Of"