The Washington herald., 1907-03-10
BANK CLERKS GIVE BANQUET
Washington Chapter of American
Institute at Annual Function.
Commissioner mcfarland, Judge
Cox Among the Speakers.

Prominent fnanciers, and hnanciers
soon to be prominent, to the number of
one hundred and fifty gathered IN the
Raleigh last night at the fourth annual
| banquet of the Washington Chapter,
American Institute Of Bank Clerks.
Every banking institution in the city
was represented by several men, while a
number Of guests from the larger cities
of the East gave the speakers an op-
portunity for many witty sallies and
profitable comparisons. Although but lit
tie shop" talk was INDUCED in, there
were many salient points connected with
the banking business brought out, and
each speaker chose a different phase Of
American money and institutions around
which to develop his address.
The banquet hall was tastefully deco
rated, and the shining tables made an
admirable background for the diners. A
stTinged orchestra aided not a little in
making the evening pleasant, and George
O'Connor the coon song singer was
compelled to answer several encores.
John Poole president Of the Washington
chapter. after giving short history Of
the organization. introduced the toast
master. Edward James CatteH. editor Of
the Foreign Commercial Guide at the
Philadelphia Commercial Museum In a
speech which welcomed the guests and
expressed his thanks for the honor done
him, he yielded the floor 10 Hon. IT. 3. r.
Mcfarland. who responded TO the toast.
our National Capital 8Ir mcfarland
emphasized the dependence of Washing
ton on banking institutions. dwelling par
ucularly on the integrity of such insti-
buttons. He spoke OF those OF this city as
exemplary in that respect. He denied that
the citizens Of Washington were lacking
IN civic pride. and pointed to their gener-
osity in tax-paying as q contradiction Of
this assertion.
Judge Wright. who followed the Com
missioner, dwelt particularly on the ne
cessity of law IN any country. He cred
lied administrative and legislative bodies
with being an essential factor ia the up
building Of the nation. but insisted
strongly on the point that 10 the judicial
branch the country must look for its Sc
curity Pursuing this idea. he warned the
bankers that If the time came when they
should become Indifferent 20 the law and
allow it TO fall into disrespect. then would
begin American deterioration
President Needham, OF George Wash
ingtOn University. followed with a short
address on the Morality Of Money" He
compared American money and money
values with those Of England. and the re-
suit Of his comparison was not favorable
to American institutions. Taking the
Bank Of England as an example he ex-
planned that money in that country rep
resented what it was and was what it
was represented. Here. he said we do
not know the intrinsic value of money
and securities because much OF it is i'm
stock, of which not even the owner
knows the value. Tn speaking OF tainted
money, DR.. Needham saI1 that he was
in no way adverse TO IL as money. nor
would he ever refuse it. but that he
would never put the name of a maker
of tainted money over the entrance 20
an educational institution.
William Y. Cox, vice president Of the
Bankers Association, spoke on the "Ad-
vantages of Chapter Membership and
George +. Allen. secretary of the insd-
tute. took for his subject Emergency
Men" Among those present were.
Hon. Charles Ii. Treat, r. \. Harper. +. South
ard Parker. z. T. SVaTtz. G.. I. Nomaut. Ezra
Gould A. g. Chaplain, q. .. Watson. q. ".
White. J. deter Jones. II. H. Owens. a. Walter
Morton H. W. OWING L. W, Leyering, ". H.
EvaIt Thomas Hldt. W. T. Galhher. J. Miller
KENYON. A. J. Galley. F. Z. Davis II. g. Neen.
C. J. Walker. Emmett /. Adams. VI. J. McCor- /
mick W A II. Church. William King. +. Perciyal
Wilson Charles +. Bright. John ~ Riordon, A. b.
Claxt0n. Carroll Pierce. z. b. Stevens, and B. b.
Wilson.
The committee in charge Of the banquet |
was:
Edmund : Wolfe. chairman; Joshua Evans IT,, |
vice chairman; Charles r. Bright. A. Bertram Cax-
ton George d. Felt, Frank T.. Gilmore. Harry Y. 1
Haynes, William King Charles II. Lee, Carroll /
Pierce. John Poole John NJ Ri0rdon r. Bernard /
Stevens. ". Mex. StoweH Lloyd N. Tnlman B. B. |
Wilson and T.. percivaI Wilson