New-York tribune., 1908-09-26
BANKERS GO TO DENVER
VII Oppose Bryan Guarantee Of
Deposits Scheme.

special train carrying hundred and fifty
bankers OF this city and state, many of them ac-
companied by their wives left the Grand Central
Station last evening on its way TO Denver, where
the thirty-fourth annual convention of the Ameri-
can Bankers Association will be held next week
The delegation also includes a number of bankers
from various parts of the South, the entire party
numbering two hundred and fifty and occupying
two sections of eleven each. At Albany the
caravan of fnanciers Joined by still another
delegation, from Boston and other cities in New
England, making by far the largest collection of
bank officers that travelled together to a
vention Of the American Bankers Association.
Frederick E Farnsworth secretary of the
ciation said the same keen interest in the Denver
meeting was being shown by bankers in all sec
tlons OF the country, and that between three thou
sand and four thousand delegates and guests would
attend the convention.
This is believed be due in large measure to the
general belief among bankers that the convention
VIII express an official opinion Mr.. Bryans lat
est panacea' the guarantee OF bank deposits. An
open discussion of the question has been invited by
the officers of the association and there fs q nro-
nounced eagerness among the delegates to embrace
this opportunity TO their views on the sub
tect-
The delegation that left the city Is practically
unit in opposition to the Bryan scheme and IT is
considered probable that If the question is brought
10 vote, as 1t seems certain 1t will be- the entire
plan will be Overwhelmingly repudiated
If the American Bankers Association goes on
deposits
VIII be only the second time in its history that it
mas taken sides on political issue. Tho other
occasion was in 1886. when the convention adopted
a set of resolutions denouncing the free silver
heresy in the severest terms
Inc special train is being over the New York
Central lines under the auspices of the New York
state Bankers Association Stops will be made at
number of the larger cities, and the return trip
Will include elaborate sightseeing itinerary
through the heart OF the Rocky Mountains
of fIn F,J
stateroom cars. four dining cars, two observation
cars, two buffet library club and two baggage
cars.
In addition to this delegation number of bankers
who prominent in the councils Of the associa-
ton left New York several days ago for the con-
vention city facilitate the work of organization
Among those the special Clark Williams
State Superintendent OF Banks; f. s. Tefft presi-
dent Of New York State Bankers Association;
Charles Elliot Warren. ex-president New York
State Bankers Association and cashier Lincoln
National Bank: Samuel S. Conover. president FL
deity Trust Company: Jay Cook, Sd. of Charles u.
Barney & Co; p s. Babcock, president. and James
R Branch. secretary. Trust Company Section, Amer
lean Bankers Association; Uza McCarter, president
Fidelity Trust Company, Newark; +. Z. Marshall.
president Phenix National Bank; II. II. Rowland.
president National Butchers and Drovers' Bank;
Charles Il Riecks ce-president liberty National
Bank: G. L. Lewis. cashier Gaatn National
Bank; PerCival kuhne, OF knauth. NaChod 81
Kuhne: Z. 0. Eldredge secretary New York state
National Bank; Howard Bayne vice-president Co
lunbia Trust Company; W. c. Cornwall, Of J. S.
Rache & Co: a. NJ. Barrett. secretary Guardian
Trust Company: David Cromwell, president First
National Bank. White Plains and Arthur Day.
New York manager Franco-Amertcan Bank.