The Nashville globe. [volume] (Nashville, Tenn.) 1906-193?, 1908-02-07


ALL DELEGATES REPORT GOOD
BUSINESS, AND OUTLOOK Is
BRIGHT.
Mound Bayou, Miss Feb THE
Annual Convention of the State Bank
ers' Association of this state is in ses-
sion here to-day in this picturesque
and characteristic city. There are rep
resentatives from nearly every Negro
bank in the state either by delegate
or by proxy. The object Of the meet
ing seems to be to promote banking
interest throughout Mississippi in par
ticular and the United States in gen.
eral. The principal speaker and visit
or of the occasion is W. r, Pettiford,
who is president of the Alabama Pen
ny Saving and Loan Company, of Bir-
mingham, and who is president of the
National Negro Bankers Association
supervisor and organizer of banks in
the United States among Negroes.
The Association is the guest of the
bank of Mound Bayou, M. R. Francis,
President; P. Chas. Banks, Cashier.
The meeting will close tomorrow aft
er a session of two days for 1908. Dr.
Pettiford addressed the Association
. this morning He said in part:
p "No class of men in the civic walks
p of life ever had richer opportunities
s than those who are connected with
f. the Negro banks. Not so much be-
s cause of your chance to make money
q exceeding that of your class Of men
d in other races, but because Of the
v great need of help among the people
a YOU are serving. Your people need
p instruction in business art, in order
1t to make them producers as we'll as
n consumers. BY your assistance, they
a. will increase the volume Of wealth to
e. the race as we'll as the banks Your
N opportunities are rich, because all
lg classes of your people, the farmer, the
IN business man and laborer can be
ly helped by you.
is again, your relations to the coun.
he try carry with them the deepest inter
rs est, because your work as bankers IS
not only to lift a great race of people
ds to a higher state of civilization, but
ny you are to prove to the world tha
nj your people have the happy combina
be tion Of intellectual and moral abili
lis ties, together with frugality and in
he dustry to run banks: which calls int
e. play the best qualities of mankind Il
to any race. Should you succeed in you
his undertaking and I have no doubt yo
gro will, you will become among the kline
in and princes of the race You wi
| find yourselves so connected with a
ese classes of business and every chara
ter Of endeavor that you are impo
to tant factors in the capacity Of hel
ON ing that which looks toward the pro
we ress of your race. You will really
ted when you fill your proper place
the heart Of the prosperity of the n
an groes Of your State The farmer. q
To- merchant the lumberman, CONNIE
lrch labor and domestics, all have occasit
ting to call on the bankers. Since this
will the place where the money NJ the Dor
nee lation is aggregated and that the s;
/ in ings account as well as the busint
part money is in the hands of the banke
rom it is expected that all classes of yC
ship citizens will come to YOU when in ne
hou- Of funds. Your position not only gi
will them a claim upon your institution
part. assist them financially but when W
far ly considered. It makes It the b,
Then ness of the bankers to assist ev
deav- class Of business in his State So
kson- it should turn out that you should
d the crease the holdings of various cla'
Gated Of business. the usefulness Of the b
giant will be nroportionately increased
+, the "For this reason, call on you.
'nion, tlemen, to consider CLOSELY the fol
These ing lessons that -sh~--A be taugh
# the your citizens. " here, 4
that this duty Ding to b