The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-06-22

vi OSuSus
Loren Perrins, Frlit Growers
State bank OF Green River.
]. ]. Houtz, Commercial National
! Bank of Ogden,
P. Healy, Commercial National
bank OF Ogden.
D, A. Smytb. Commercial National
bank OF Ogden
The program carried out this fore
noon was as follows
Meeting called to order by Presi.
dent A r. Haywood, Ogden.
Invocation. Professor D. O. Mckay,
Ogden.
Address of welcome. Hon William
Glasmann. mayor of Ogden.
/ Address Of welcome. Mr., Abbott R.
Haywood president Os6sn Clearing
House
Response to addresses OF welcome.
Hon. John F. Tolton. president State
Bank OF Beaver. ir.
Tho meeting adjourned TO meet
again this afternoon at 2 o'clock and
the following program IL being given:
Address of the president. Mr.. Lewis
s Hills. Salt Lake. president Deseret
National bank
Report OF the secretary-tTeasurer.
Mr s. A. Whitney. Salt Lake. cashier
CT Mccormick and Company bank.
Address. Postal Savings Banks"
Hon W. w Ritter Salt Lake. presl-
dent Deseret Savings bank
Address. Savings Banks Mr. Wm.
Piggott. Ogden, president Utah State
Federation of Labor
Address. EARLY Banking in Utah.
Hon. w. s. Mccormick, Salt Lake,
president Mccormick & Company
bank.
The morning session was devoted
almost entirely To addresses OF well
come from the mayor of the city and
President Haywood of the ogden
Clearing house
President Hill of The Utah Bankers
association VIII address The conyen-
tion this afternoon. and late this after"
noon the members of the convention
wit htheir wives Will be entertained
and banqueted at the Hermitage in
Ogden canyon The party will be con-
veyed to the canyon in special cars.
Mayors Welcoming Address.
"Mr. Chairman and Bankers OF
Utah.-I welcome You to our city.
Everything in sight is yours. Take
what you want. excepting only our
notes-you must not take them.
81 ask YOU, while being escorted
through our city, TO note the many
new buildings that have been erect
ed and those now under construc-
ton. In whatever direction YOU go,
YOU will note that our buildings are
not only beautiful, but solidly built.
disclosing, as tbev do. that we are
building with great hopes for the fu-
ture and that our citizens have the
greatest confidence in the stability
and permanency OF our city. | want
every banker in the state of Utah to
know this, because the bankers. to R
great extent. control our money and
We want YOU TO feel that il any OF
your money comes to Ogden it Will be
safe. !. therefore, invite YOU TO see
our city before you return TO your
homes
Perhaps I am like many others
who have never owned a bank, but
think they know more about running
your banks than you do yourselves.
Perhaps you Will smile at my efforts
TO give you advice. At any rate, |
am going TO be ycnturesome and talk
10 YOU as I feel
During the 1907 panic. was the
postmaster OF Ogden. II was my duty
TO pay the railway mail clerks run
ming between Cheyenne and San Frau
cisco. During the panic paid them
In checks which were redeemed by |
the banks in clearing house eertifi- |
Gates. issued by the banks in Ogden
Utah The mall clerks refused these |
certificates. Some OF the clerks re-
tanned my checks for several months |
rather than take the clearing house |
certificates. Why were these certi- |
ficates refused? Because there was
a lack of confidence Ip them. The
certificates were issued as a make.
shift to meet an emergency and the !
public was not prepared for them
and hence resented their issue
Now the point l want 10 make is |
this: Why not have your Stnte
Bankers association prepare and adopl |
a plan under which certificates may |
be issued by bank in case OF ON.
Continued on Pagc SeNen)