The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-09-14
BANKERS IN FORCE.
econtinued from Page one.)

Continued from Page Onc.)
compete with state banks and thus
encourage growth in the number of
banks in the national system under
federal control.
National banks should be allowed
to act as trustees and they should be
given the right under a specific de-
claration of law to accept savings de-
posits. but the savings deposits thus
received should be segregated from
their general deposits. Furthermore
than this, the la wshould define de-
flnitely. the character of investments
the banks should carry against savings
deposits. which investments should be
segregated from the general assets of
the bank, and in case of a failure of
the bank the savings depositors
should have first lien upon the spec
ific securities held in the savings de-
partment and in addition be general
creditors
Robt. Lowrys Response.
Col. Robt. J. Lowry of Atlanta, Ga,
in his response to the address of well
come at the opening of the conven-
ton, referred to the object ard his
tory of the Bankers association as
follows:
Every bank and banker in this
association feels naturally and justly
proud of membership in this or
ganization, not only .on account of
the high prestige of the association
influence it yields for the benefit of
the masses of the people and the
whole country. This association has
grown alike in power and beneficence.
1t has helped to shape wise and
beneficent legislation: it has raised
its voice against fanaticism and mis-
guided popular clamor, and in time of
financial disturbance. has brought
order out of chaos and restored con-
fidence.
Like great throbbing heart CEN
ter, it has sent out through the
length and breadth of this broad
land a healthful and inspiring in
f1uence, which has left it's impress
not only upon the banking fraternity,
but has permeated the channels of
business and commercial and pro-
fessional life. and has injected into
the arteries of our daily commerce,
commercial honor and honesty. The
benefcent influence of this great
organization is felt from Maine to
California, from the lakes to the gulf,
and where is the man. the banker,
who could not feel pride in his
membership in an organization which
is such power for good in this
great country?"
Committee on Bills of Lading.
This committee made report to the
convention of four important results
as follows:
First-The commissioners on uni
form state laws, after four years of
careful consideration, have completed
their draft of the uniform bill of lad
ing act for state adoption, and have
recommended same for enactment in
to law by the legislatures of the va
rious states.
Second-The Canadian railroads
have all adopted the uniform bill of
1ading recommended by our interstate
commerce commission, including
form, colors and with but slight and
unimportant changes in it's provisions.
Third-Four states have enacted
into law the bill of lading measure
drafted by general counsel on behalf
of our committee, under instructions
of the various banking association bill
of lading committees last September.
Fourth-The carriers in official
classification territory have authorized
all agents who issue order bills of
lading to place the official stamp of
their agency on such bills; and furth-
err have issued a ruling that "all
straight and order bills of lading
should be made out IN ink, indelible
pencil or should be typewriter, and
all order bills of lading should have