New-York tribune., 1908-09-28
NOTED MEN WILL SPEAK.
Leaders IN Finance to Address Bank
ers at DenUer.

-,e-vs- Sent z--More than three thousand
bankers. representing al classes Of financial in
s-t-r5-to-s and every state in the Union, will as
ss7lale here this week a. the thrty-fourth annual
convention of the American Bankers Association
Hundreds If delegates are already on the scene,
and il IS evident from their conversation in the
hotel corridors that the Evelest session since the
memorable one q 1876 is expected This year the
guarantee q bank deposits probably VIII De the
principal topic q discussion Another subject OF
-al Interest -ra- viii he discussed a. length is
that rf cur-ency- The association was not salts
fed v-itn the Aldrich currency bill The currency
commission of the American Bankers Association,
which drafted z measure of its own, cnly 70 see
i rejected By the leaders Of Congress viii make
SIS formal report a. next Thursdays session ana
delegates viii then haze an opportunity TO ex-
press their views OF the subject
TIE reports Of the legislative committees and the
committees on express companies and bills Of lad
ing. which VIII b made al the opening session
OF Wednesday. viii present other topics Of gen
e-al interest The association has been trying for
several years 70 prevent the express companies
selling money orders while the alleged failure Of
the railroads 70 safeguard bills Of lading has also
been the subject OF much contention, both in the
courts ard before Congress and the Interstate
Commerce Commission. Il is practically certain
mat ne convention will empower these com
raittees 70 continue their respective laoors
\ number OF speakers Of national prominence
VII participate not only in the sessions Of the
CAY and Thursday. but also CT the savings bank
and --le- co--panv sections on Monday and Tues
Gay Pierre Jav. Bank Courissicner Of Massa-
c1usetts. vii deliver an address al the meeting
o. the savings banks section, and the proposed
postal savings bank law will be analyzed in the
TsPor- Of special committee appointed FOR that
purpose.
The Eject OF the Recent Panic On the Eastern
Savings Banks vii be the subject OF a paper by
Joan C. GrisHold. o. New York Governor Henry
a BGcrtel o1 Colorado and William z Hughes.
president of the Continental Trust Company Of
Denver vii deliver the addresses Of welcome TO
re trust company delegates Among the speakers
VIII r. Breckenridge Jones. OF St Louis. who has
chosen for his subject The Trust Company-A
Aecessity" F +. Fries. Of winston-saleTn- n =.
who WI discuss "Radcalisna VS. Conserva-
us1,'' and Lawrence l. Gillespie, of New York.
VINO vi spezk on New York City Trust Com
panes Cn6er Present legislation A general dis
e-ssicn q What Lessons for the Trust Companies
Were Revealed in the 1907 Panic will also take
pace
Governor Buchtel and Mayor Robert ". Speer
q Denver will speak the opening session OF the
convention proper on Wednesday morning, and
the resi- OF the tine Up the noon recess VIII oe
devoted 70 fhe reports Of the officers and the van
oas committees. IN the afternoon Woodrow VII
son, president Of Princeton University. wil speak
On The Banker and the Nation. and B 4.
Ws.ker president Of the Canadian Bank Of Com
nerce eiII discuss Abnormal Features Of Amerl-
can Banking On Thursday the principal ad-
dresses VIII be Vital Issues. b. Alexander Oil
bert. president OF the New York Clearing House
and Conservation % Natural Resources. ny Ton
gresham Joseph z. RansdeIl. Of LOUISIANA
There wiz also be meetings Of the executive
coUDcl and the clearing house section on MondaS'
q which matters Of importance to the association
Itself yir be settled.
The local committee of bankers has mace eau
crate preparations for the comfort convenience
and entertainment Of the delegates and guests
= banquet. q reception. d sightseeing autonioolle
ride and Ill day trip 10 the crest of the CON
unentsl Divide among the entertainments
that have been arranged for the visitors I'll
The railroads have allowed reduced fares TO and
from the convention from various sections Of the
country
The membership OF the American Bankers As
ISOLATION embraces the major part Of the imam
GA fraternity OF the United States Il was
formed al Saratoga y Y. in 1875. at conven-
Ion a. which thirty-two states we're represented
ng o4s delegates Its growth has been STEADY
and times rapid the total membership to-day
being 1903 national, state and savings hanks and
tr1Et companies and private bank-ag houses The
4sf fiscal year. despite the panic which proved