The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1907-05-05
WALTER MAKES
A GOOD TALK TO
THE BANKERS
Cashier Of The National Tells
Them Of BruaSWick's
Banks
SOME INTERESTING FIGJ9Eo
The Local Banker in Happy Speech
at Savannah, Points Eloqeuntly
to Rrunswick's Growth and
Development.
SOME INTERESTING FIGJ9f,

savannah May 4-GIOuup NO. 1,
of the Georgia Bankers Association,
met in this city today The visitors
We're welcomed to the city by Act
~ Y Mayor Avant. and his address
responded to, by E. d. Walter,
- ) Ier of the National Bank OF
Eswick. Mr. Walter in part said
ya SIR Mayor: On behalf of the Wis
iting bankers here assembled, to you
as the representative of the city O
Savannah and the mouthpiece of th
Savannah Clearing House Associa-
tion, it is my pleasure to make ac-
Acknowledgement of a gracious ana
hearty welcome. My past eXper
ience as a guest on numerous occas
ions of mine host of today, leaves
me no room TO doubt the una1oyeo
pleasure Of this occasion and leads
me to assure my fellow visitors that
the choice words to which we have
just listened are only a promise
the good fellowship and hospitali4
we are to experience ere this d.
closes"
Speaking of Brunswick and shel
banks, he said:
Travel with me a little farther
and / carry you to my home-Bruns
wick-the city by the sea. Only a
few years back. wen within the rec
objection of many Of you, when scour
aged by pesuience and all bat su.
merged in the financial tidal wave
1898. she was looked upon somewha
as Bethany at the dawn OF the Christ
ian era. But now how hHege.
Her prospects are unrivaned and he
sturdy cihzenry that refused 10 kl~
company with dependency, are -,
ginning to experience the fulhllne
that destiny for which nature b.
fashioned her environment Alread
her commerce aggregates $35,OOO,Oy
annually, but with the devslopmea
of agriculture and manufactures
the inl erior, the extension Of railwa
acidlities. the building of the
wharyes and terminals Known to 81
gineerlng science, regular saiHngs H.
domestic. Cuban and European por,
and the deepening Of hdrbor chan
rel to thirty feet from docks 20 sea
government appropriation alread
ayaiable) must rapidly increase e.
beyond the expectation Of the mo
optimistic.
From June 80, 1902 to March q
1907, the capital, surplus, undivided
proat and deposits of her banks in
creased from s789,761OS to $1,46L
581,l7 or 85.4 percent, and the PEI
capita increase in deposits was ap
ptoximately s36, as against $14 for
the state at large.
1T is delightful to contemplate
thar we, as bankers, play no small
part in the enlargement in the field OF
business activity All privileges car
rs their responsibilities, however
Only through continued improvement
Of our credit machinery and preser-
,aion Of confidence can we perform
oar task 1t therefore behooyes us
all each in his individual sphere, to
clrb the enthusiast who would over
extend. to encourage the worthy and
beginner and to so mould public SEN
diment and cooperate honesty as viii
make our state a mecca for forei5h
capital wherein resTctions are lev
4 led with wisdom and moderation
N and wherein justice is demanded
for all her people.
Il have presumed u consume con
siderable time Please pardon my
liberty inasmuch as my response TO
50 cordial a greeting could haW
been equally well expressed by a quo
tahon from a distinguished Amer
can. who. it is said, has been serious
~ proposed for the next democratic
--.s.,n u Tn "a o Iinlfad