The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1907-05-25
NR DRESSERS
ADDRESS
.ASt Lon. Editor Talks to the Bank
srs On tie Group System

The following address was delivered
before the convention BY Mr.. L. Z.
Dresser. editor Of the Commerce
Monthly, s.. Louis:
Nr President, Ladies and Gentle
mn
This is my first visit to the great
and prosperous state Of Oklahoma
From al that have heard or read
heretofore and from what I have been
able to observe during the brief time
that have been in this section, be-
lieve that your territory is destined
10 become one Of the most important
and prosperous commonwealth in the
United States In So far as my
knowledge goes, / do not believe there
is any section in the country that Of
fers opportunities TO the investor or
that presents more alluring promises
to the permanent settler. am pa
triotic enough to he glad that Okla
homa viii soon add another star to
our beloved flag.
Your secretary has called upon
me to make a few remarks. I DO not
know Of any subject that is Of more
pertinent interest than that Of the
group system. It seems to me that
a progressive state like Oklahcra
should get in line and adopt the most
up-to-date methods. The bankers who
feel a pride IN the progress Of their
numerous institutions, naturally wish
to keep pace with modern innovations.
From all that / am able to learn, the
banks in your section Of the country
are exceedingly prosperous, and are
steadily increasing their assets and
paying good dividends. No condition
is 50 good, however, that il cannot
be better, and judging from the ex-
perience Of other states, it seems To-
me that the Oklahoma bankers would
be greatly benefited by adopting the
group system"
Mr.. Dresser then discussed at some
length the advantages Of the group
system, showed how 1t had accom-
plished good results ard concluded as
follows:
It is an undisputed fact that the
prosperity Of the entire business in
terests Of the state depend almost ex-
clusively upon the banker. He it is
who furnishes funds for various un-
dertakings calculated to develop tile
section in which he resides. But for
his support and encouragement, the
country could not advance in a large
and rapid way Any change that he
makes in the methods Of conducting
his business and any alteration Of
policy in his manner Of procedure,
effects the interests of the state.
either adversely or benefcialIy. His
position makes him leader among
men and the responsibilities placed
upon his shoulders are corresponding
ly great. It is his duty to rise to the
occasion and do whatever he can to
benefit his fellow citizens. His posi-
ton is understood and he is respected
accordingly.
Taking all facts into account, Ill
behooves the Oklahoma bankers, as
well as the bankers in other states,
to keep pace with the times and do
whatever good they can for their as
sociations, which means the good of
the state.
IF you do not adopt the group plan
at this meeting. I feel sure that it is
only matter Of time until you decide
% take such action. know that You
have the interest Of your great state
At heart and tina you are determined
10 rank with the best. sincerely be-
Iieye that by adopting the group sys-
tenn you win be taking step in the
right direction 70 accomplish your
most patriotic and praiseworthy
wishes"