Bisbee daily review., 1908-09-29

committee appointed for that purpose. The Effect of the Recent Panic on the Eastern Sd r.ngs Banks" will be the subject of 2 paper by John c. Griswold of New York Governor helny A.
 Buchtel of Colorado and President
 William E. Hughes of the Continental
 Trust company of Denver, wi'l deli yel
 the addresses of welcome to the trdst
 company delegates. Among the speak
 CTS will be Breckenridge Jones of St.
 L,ris who has chosen fer his subject I''Tha Sru2. Company. A Necessity, ,' F. H. Fries of Winston-Sa.em, N S.,
 who will discuss 'Radicafrsm vs. Con
 seryatism' and Lawrence L. Gillespie
 c! New Yori:. who will speak on New
 York City trust companies under pres
 ent legislation" A general discussion
 Of What Lessons for the Trust Com
 panies were Reyealed in the 1907
 Panic" will also take place.
 Gov. Buehtel and Mayor Robert W.
 Speer of Denver. will speak at the
 opening session of the convention sUl puB SuIuIoM EgpssupaM LsdoId
 rest of the time up to the noon re- cess will be devoted to the reports of the officers nd the various com mittees. In the afternoon Woodrow l Wilson, president of Princeton Uni versity will speak on The BanAS, l and the Nation" and B. D. Walker, | president of the Canadian Bank of | Commerce will discuss the 'Abnu--aal i Features of American Banking" On Thursday the principal addresses will be Vital Issues7 by Alexander Gil | bert. president of the New York ] clearing house and Conservation of ! Natural Resources" by Congressman ] Joseph T. Ransden of Louisiana.
 ] The local committee of bankers has
 made elaborate preparations for the l comfort. convenience and entertain mcnt of the delegates and guests. A banquet, reception, a sightseeing eutomcbile ride and an all day trip to | the crest cf the Continental divide are mong the entertainments that have ! the railroaads have allowed reduced ! fares to and from the convention iron | various sections of the country.
 l The membership of the American l Bankers association embraces practi i ally the entire financial fraternity | of the United States. It was formed at Saratoga, N. Y, in 1875 at a con vention at which 32 states were repre- | sented by 349 delegates Its growth | has been steady and at times very | rapid the total membership today be 1 ing 9S03 national, state and savings | banks and trust companies and pri- yate banking houses. The last fiscal ! year. despite the panic which proved ] disastrous to so many banking u,,I, i cerns. has been one of the most sue cessful in the history of the associa- | tion. While 691 members were lost | through withdrawal consolidation. li- | quidation nd failure, l24y were added to the roll malung a net gain of 552 f2I the year.
 The principal officers of the Associa- | tino are president, Col. ] D. Powers of Louisville; vice-president, George
 NJ. Reynolds of Chicago; chairman e> ecutive council, Lewis E. Pierson, New
 York; secretary, Col. Fred E. Earns
 worth. New York; treasurer, A. A. Crane Minneapolis. The president Of l the Trust company section is Philip $ | Pabcock of New York; of the Savings bang section, Lucius Teter or Cn.Csl go; and of the Clearing house section August Blum of Chicago. The ExeGH tive Council which, to a large extent dictates the policy of the organization, is composed of representatives. from every state and of former presfoen1-
 of the association. Under a resolu-
 tion adopted at last years convention
 i5s membership was raised to 70.