The citizen. (Honesdale, Pa.) 1908-1914, 1908-10-02
BANKER SANCU|NE.
-
Country Safe No Matter
Whc Is Made President.
COlNH HUGHES OPTIMISTIC.
In Addressing FinaneieTS' COnven.
ton In Denver He Declares Cam
pAign Contributions Ought
to BE Published.

Denver, Sept 30--The days session
Of the convention Of the American
Bankers association was devoted 10
tiOn of the association at the Brown
Palace hotel. The programme included
addresses Of welcome by Governor
Henry A Buchtel Of Colorado and
Colonel William E Hughes. president
Of the Continental Trust company OF
Denver: the reply OF Philip S. Babcock.
president of the trust company section.
and his annual address.
william E Hughes In his speech Of
welcome congratulated the assembly
that II WIS in no sense partisan 1t
was a truth apparent to all. he said,
that there is a great moral awakening
In the land. and neither OF TIE great
political parties could, In his opinion,
hope to retain or acquire power that
did not promptly recognize this fact.
He believed that the masses demand
that the tariff must be radically re-
formed. that individual and state rights
must be fully recognized and the hon
esty and independence Of the courts be
at all times maintained. and that trusts.
corporations and combinations, espe-
cially those dealing with the necessa-
ries of life. must hereafter do their
work In the open and under the direct
supervision OF government state or na-
tion. Continuing. he said:
Political bribery and secret political
campaign contributions and all black
mailing must go. Our forests and other
national resources must hereafter be bet
schools Adopted to meet the practical
wants Of everyday life. An adequate navy
must be provided, the standard OF all
trusteeships must be raised, and q better
system OF banking and currency must ,
given to the country.
All fair minded men feel that they owe
more to their country than to any party.
and they should refuse to contribute to
any political victory that they do not
think will make for the final good. The
longer / live the more respect the pa
trIot and the less I respect the intense
political partisan. When parties 'are
misled by sophisticated. sympathy mad
leaders trumpeting false calls to re-
FORM there comes up to every citizen the
question ''Is II for the final goodT' These
words and the further words that the
moral awakening and popular reforms We
mere SPEAK Oh nave Detu NOEA VI uc-
cent men Of all parties were some time
ago among the last utterances 10 the
people OF ono OF Democracy's greatest
statesmen
Gentlemen OF the American Bankers
Association-We have the promise of both
the great parties that the tarin and most
OF the other reforms called for shall In
the end be brought about and we have
this to congratulate ourselves with-the
country il fairly safe whichever way the
election goes; this wave Of moral reform
In politics will give us a tolerably good
administration whichever party may be In
poWer-you pay your money and take
your choice: the issues are not now wide
Iy different on the vital questions. II
you pay money, however. as a campaign
contribution to either party. see to II
that the payment Il duly published. II
looks better 80. Besides. a reformed pop
usar taste demands IL.
As to banks banking, trusts and trus-
tseships. wish to say that am opposed
and 1 am In hopes this American Bank
ers' association Is opposed. to having gov
ernment or anybody taxed by govern
ment guaranty bank deposits. This il
socialism. And II they are SO opposed
I hope they will by proper resolutions
on the part OF the government. az l view
Il. ts all wrong In principle.
The secretary's report and the re
ports OF the executive committee and
the committee on protective laws were
presented, ana the remainder Of the
day was taken up with addresses and
discussions.