The Norfolk weekly news-journal. (Norfolk, Neb.) 1900-19??, 1907-04-26

Pleased with Norfolk's hospitality
and impressed with the central loca-
tion of the city the Northeast Nebraska
Bankers association voted to return
to Norfolk next year When the bank
ers adjourned shortly after 6 o'clock
Monday evening, the business session
giving way preparatory for the ban.
quet of the evening, the sentiment was
generally expressed that the conVen-
ton had been one of the most success
full in the ten years of the associations
life.
Northeast Nebraska bankers to the
number of 151 had registered with
the secretary Monday afternoon. The
capacity of the Elk lodge room was
more than taxed, the attendance at
the morning and afternoon sessions
setting a new record according to men
closely identified with the association.
On the floor of the convention this at
| tendance was credited to Norfolk's
central location in northeast Nebraska.
In view of the past custom of the
bankers in shifting their conventions
from one town to another, Norfolk
did not ask for next years gathering,
but the city was declared for as the
ideal convention city for northeast
Nebraska.
A declaration against the asset cur
rency proposition was inserted in the
resolutions adopted Monday afternoon
The northeast Nebraska bankers de-
clared in favor of the organization by
| Nebraska bankers of a mutual bond
company for the purpose of writing
depository bonds and burglary in
surance.
The afternoon session witnessed a
clash between Senator c. A. Randall
and Secretary w. B. Hughes of the
state bankers association Senator
Randall on the floor of the convention
charged the state secretary with out
ting into" the legislative mills at Lin
coin and limited that the secretary's
course was not in the interests of the
small bankers of the state. Senator
Randall charged Hughes with being
responsible for Governor Sheldon S
veto of the Randall bill governing
guaranty bonds given by depository
banks for county funds. The conven.
ton declined to express regret at
the governors veto and later attempt.
ed to smooth matters over by passing
resolutions complimentary to both
Secretary Hughes and Senator Ran.
dali. Senator Randall was also hon
ored by election to the presidency OF
the association.
The first speaker to be introduced
on the afternoon program was Hon
C. F.. McGrew of Omaha, vice-presi
dent of the Omaha National bank and
a man whose popularity is deep rooted
: with the bankers of the state. Mr.
McGrew said in part:
THE course of nations and of PEG
pies move with great rapidity in these
later years. In the annals of our his
tory long periods of time INTERVIEWED
between the discovery of this western
, continent and the first settlement or
our shores. between the landing of the
Pilgrim fathers and the war for the
revolution, between that war for in
dividual rights and liberty and the
great struggle to wipe slavery from
the United States. But only fort!
l. years from that war the greatest inlant
!. empire the world has ever known ha'
n been built. Westward they, came
K those pioneers representing the hes
e blood of old and new worlds, a rae,
without name save that it was Gale,
S American. These men and their sons
l. born with the red blood of the west
o ask but for the strenuous, the eneI
r getic, the business life of the west.
D 1T is easy to trace the history o
the new west. 1t was our fathers an
ourselves who builded this country
n From the ward down to the present
~ was less than two generations in tn
d makingi Those who left the cas-
k. bid reluctant farewells to old home
,e and looked forward to a separatio
1t that would be permanent. But the
p came-the active ones of the east
n and they built the country up. Thi
y grand new west is a monument to tn
10 ability, sincerity and honesty of aim
of those men who came west to pre-
vide homes for themselves and fC
their children. And they found er
their work was done that distanc
m had been obliterated and that west an
east was close together.
They found a whole country mad
it tributory to this western granary. The
yes, you and |, came to dig our SUI
sistance from the soil. In expectatio
lnf NhA 1,
spent, perhaps not always wisely,
developing the state. You banker
On know that no longer than fourtee
g, years ago Nebraska was a debit
state. But you bankers also kno
that in the later years of this ne
e. west, the west is the creditor of IL
to east We are loaning money to II
old fashioned money sharks down ca!