The Cairo bulletin., 1908-09-28
THREE THOUSAND
BANKERS MEET.
REPRE- ESENTlNG ALL SECTIONS OF
UNITED STATES-LiVELiEST
SESSION SINCE 1896.
OBSERVATION-DISCLOSURES
Likely to Be Principal Topic Of Dis
sion But Entire Financial
Field viii Be
Gone Over.

Denver Colo, Sept. 27.--More than
three thousand bankers represent ins
all classes of financial institu IONS
and every state In the unicn win az
.senbie here this week at the thir y
fourth annual convention OF the
American Bankers association. H II.
dreds of delegates are already on tie
sc sne and Il is evident from their con-
.versation in the hotel corridors that
the livellest session since the
memorable one Of 1896 Is expected.
This year the guaranty OF bank de-
posts probably will be the principal
topic Of discussion Another subject
Iof vital Int that viii be discussed
at 'easth is that of currency. The as
sociation was not satisfied with the
Aldrich currency bill The currency
Icorlmission of the American Bankers
association, which drafted a measure
of It's own only to see 1t rejected by
! the leaders of congress win make It's
formal report at next Thursdays ses-
sion and delegates then will be given
an opportunity to express their views
on the subject
The reports OF the legislative I'm
mission and the committees ON ex.
press companies and bill of laei
which will be made at the opening
session on Wednesday viii present
othe~ topics of general interest. Tie
association has been trying fer sew
eral years to prevent the express
companies selling money orders while
the alleged failure of the railroads {,
safeguard bills cf lading a,so has beea
lth. subject Of much contention both
in the courts and before congress and
Ithe interstate commerce commits y n.
| II is practically certain that the G n
yention will empower these commit
tees to continue their respective con.
| tests.
A number of speakers of national
prominence will participate not only
! in the sessions of the convention
lprorer which will be held On Wednes.
da.9 and Thursday but also of the Say-
ings bank and Trust company sec,
tions on Monday and Tuesday. Pier.c
Jay. bank commissioner OF Massa-
chusetts, will deliver an address at
the meeting of the Savings bank sc
ton ana the proposed postal savings
bank law will be analyzed in the re-
poit Of a special committee appointe
for that purpose The effect Of the
recent panic on eastern savings
banpy' win be the subject of a paper
by John c. Griswold of New York.
Governor Henry A. Buctel CT Colorado
an President William +. Hughes OF
the Continental Trust company OF
Denver. will deliver the address s ot
welcome 10 the trust company dele
gates Among the speakers will be
breckenridge Jones of ST. Louis. who
has chosen for his subject The Tru
Company: A Necessity" F. II. Fries
of Winston Salem. n c., who will dis
cuss "Radlcalism vs.. Conservatism
anL Lawrence l.. Gillespie of New
York. who will speak on New YORK
ICity Trust Companies Under Present
LEGISLATION" 4 general dis ussion Cf
ltWhat Lessons for tie Trust Com
lpan.ts We're Revealed in the 1907
Panic" viii also take place.
Gov Buchtel and Mayor Robert W.
Speer Of Denver will speak at the
Icpenng session Of lhe convention
iprcIet Wednesday morning and the
rest O. the time up TO the nocn recess
lWiH be devoted TO the reports Of tn
various committees In the aterno
Wccdrow Wilson. president q Prime
toa University will speak en- The
Banker and the Nation. and B. f
Walker. president OF the Canadian
Bank Of Commerce viii discuss
Abnormal Features Of Amer can
Barking On THURSDAY the princi-
luaI addresses viii be Vital Issues
lbs Alexander Gilbert. president Ct
ithe New York clearing horse aid
Cor servation Ct Natural ResCurces
los Congressman Joseph E Ransieh
iof louisiana
There also viii be meetings OF the
leNecutive council and the clearing
house section on Monday at which
imauers CT Importance 10 the assoeia-
ltiol itself wiu be settled.
! The local committee Of bankers has
made elaborate preparations for the
couscrt. convenience and entertain
lment o. the deiegatss and guests A