The Paducah evening sun., 1909-06-14
ENTERTAINED AT LUNCH
BY PADUCAH FINAN.
CIERS.
THOSE WHO ARE ATTEND.
ING AND MAKING AID.
DRESSES.

Kentucky Bankers association held
their first meeting today at the
Palmer house. Present at the meet
ing are bankers from over the entire
First district, although the attendance
is not as large as was expected. Th'
bankers discussed business matters
that would benefit the bankers of th'
district as well as the state. 1t wal
manifested by the speakers that still
closer cohesion Is needed by th'
bankers of the First district.
The BANKERS convened this morning
at IL o'clock in the parlors OF th'
Palmer House, and the program wal
taken up after the address of vel
come and response. At the compile
tion Of the program the visiting bank
ers were guests OF the Paducaf
bankers at luncheon. while this az
ternoon they are enjoying an auto
mobile ride over the city.
The meeting was opened this
morning by Mr.. Louis NJ. Rieke. pres
ident of the First district bankers
and he expressed the hope that the
meeting would be a success for al
In attendance. In the absence OF
Mayor Smith Attorney W. F. Brad.
shaw. Jr., made the address of wei.
come. Mr.. Bradshaw said the bank.
ers are a class OF people with whom
1t pays to remain on good terms. and
that it afforded him great pleasure
to welcome them TO Paducah: for he
felt sure the time might come when
he would be glad to meet them.
He said the effect of the financia
depression has been felt by the bank
ers of western Kentucky. and he
thought 1t was impressed on tbs
bankers that there is a greater need
of cohesion among the bankers Of
the First district.
Mr.. John R. Wylie. OF Princeton
was on the program to deliver tht
response. but was not in attendance
and President Rieke appointed Frank
X. Houston. assistant cashier of the
First National bank, of Nashville, to
respond on behalf OF the visiting
bankers. Mr.. Houston came to Padu-
cab from Bowling Green, where he
attended similar meeting of bank
ers, and said that 1t gave him much
pleasure 20 meet the bankers of Pa
dueah. because of hs proximity to
Nashville.
The theme Of HIS address was the
need of a closer union between the
bankers. He said In Tennessee the
state is divided into three grand d.
visions. eastern. middle. and western.
At the last legislature he said sew
eral bad bills were introduced but
by the combined effort of the asso-
Citations they were defeated.
's "Co-operation."
In the course OF his address on
Cooperation" State President ]. E.
Downing. OF Georgetown, said:
I'VE are living in an age OF CO.
operation. We are surrounded by
evidences Of 1t on every hand, and
am glad to say that we bankers are
at last awakening to the fact that
II is prime necessity In the conduct
OF our business. In this we are, re-
gret to say. very far behind the rest
of the commercial world, but hope
that we shall make up in zeal and ef-
fectiveness for our lack OF forehand-
edness.
Eve could / am sure, follow suit
In this way to our great material ad-
vantage. but so close has rivalry been
with US heretofore that many of us,
| dare say all, have fallen into the
wiles of the fellow who moves his
account to us because our competitor
would not extend him every accom-
modation asked for. There was a
time when ] made a notch in stick
when / could get some one like that
away from some other bank, but !
am learning better now. simply
tell him that his treatment was de-
served and the other bank Is a bet
ter one than mine any way We all,
at least all OF us In the part OF the
country I come from, have been in
the habit of suffering large over
drafts. Each of us was fearful to
offend our customer by refusing his
check. thinking II We turned him
down we would have one less account
on our books, and our neighbor one
more. Some Of us have tired of this
imposition and have about agreed
that what is lost by asking for strict
adherance to business principles will
be made up to us In other ways. and
IL It is not We shall at least have
the satisfaction of knowing that we
have probably made a Christian for
somebody else to profit by.
yThe same with the chronic past
due customer, the one that We spend
nrf1