Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-06-22
Utah BANKERS
MEET IN OGDEN
eioaooIers Of state Gather in An
ouaI Convention for Two
Days Session.
rHe POSTAL SAVINGS BANKS
n,cr DeIiyers an Address on
The subicct--b"nque' io"'S'"
AZ the hermitage.

.-...H1f Co.. The NeNh'l
OGDEN June 2i.-rhe Utsh s'a''
-. association opened It's con-
s IN this city today and during
VEN, 80 DAYS session it is anticipated
ut Considerable business wiz DC
ID" ,.d The local financlers have
u ,,,parlng for the occasion for
ss'p rseks and today they stand
~. 10 demonstrate that they can
~ as well as successfully oper-
,rul not all be business, however
.,olal side OF the convention Is
iN Wv feature and will include auto
,,ollsy parties and a trip up Og-
nass .,von this evening with the IN
e,itabe banquet. a..
The program '"' wv
Wang session. n o'clock.
~ n order. A. r. Haywood.
I ,s"o'ation. prof y. o. Mckay, Og-
den ,, Hon william
lam. mayor Of ogden.
,SSrsss OF welcome, Mr.. Abbott II.
usrvood. president " ogden clearing
| house. - , ,.ot,.,,,,
pon John F. Tolton, president state
bank u Beaver. .,.
,arnat address Of the president, Mr..
,."is & NILS. salt Lake city presl-
~, n, the De-eret National bank
psport OF secretary and treasurer,
a. Whitney Salt Lake city,
..sfor Mccormick 4 Co.
address Postal Savings Ranks
Non W. W. Ritter. salt Lake CITY,
rrssldsnt Deseret savings bank.
address Saving Bank," Mr. VIII
lam NJ Piggott, ogden, president
iftsh state Federation OF Labor,
Address. Early Banking IN Utah"
gop, W. y Mccormick, salt Lake city,
PRESIDENT Mccormick 4 Co.
Evening session
Trlp 10 ogden canyon. Dinner and
dance at The Hermitage pm,
compliments ogden Clearing House as
ISOLATION.
THURSDAY, JUNE 20.
Morning session
Address. Universal System Of EN- |
change" Mr.. 7. W. Boyer. salt Lake |
civ cashier Continental National
bank
Address Some Observations on the
Fowler BILL Mr.. John Pingree, Og-
den. cashier First National bank.
Address, The Latest Addition to the
Ssterho6d Of Banks" Hon. w. +. OIL
son Of Price. mayor and vice president
Price Commercial and Savings bank
Afternoon session, o'clock
Adde'S. An Analysts OF the Central
Bank Idea Mr.. w. Montague Ferry,
Salt lake City, director Utah Savings
Trtst Co.
Address Some Undeveloped Local
Resources" Hon Matthew :. Brown
Ing Ogden vice president Amalga-
mated Sugar company
Miscellaneous business.
adjournment
Evening session
Trolley ride. compliments bankers OF
Ogden
Wv RITER'S ADDRESS.
one Of the features this afternoon
was the address " Hon. W. W. Ritter |
oi the Deseret National bank OF this
dV whose subject Postal Savings |
Hanks, Is one that is being debated
po and con throughout the country at
lAe present time with considerable
ntut Mr.. Ritter takes the stand that
there Is no necessity for such pro-
posed Innovation on the part Of Con-
His speech in full is as follows;
u Is with considerable embarrass- Z
subject assigned me- viz: Postal saw
lhss Ranks for the reason that. at ,
..s iime the time Of the preparation
Y lhls paper the measure has not yet :
pa a.. congress. and I do not know ,
eN what rs provisions are. or may
- 20 mat ] am piN-cluded from dis :
s,sns N any technical way the pro :
rt.ns VI measure not yet completed. /
in'reiore ] am compelled to give the ,
suoh only a general and very broad
ssatnent' and even this must be done
y very general terms ON account Of
", shyt time allotted to me for the
1ts.ussloh or the matter. am per
- NJ the unusual prominence
/. sDt 70 n attached 10 this question
ri ''N advocates Of II. | cannot re-
go QUESTION OF such import. or
.aukht with such possible conse-
,.,,1's' sHectlng the welfare OF the
~, 10. good or owl. with 50 little
y, s'ai oenand for II. have not
~. a 10 learn that the people at
aes ~ 49, specially those Of the west,
y ., wen an ordinary demand :
~ A.. ! m.f conclude that what
49, ueinand a. 10 iy. comes from a I
'.e OF our political friends 10 nre- 4
NY an issue TO the people th1t wnl
Z. "'uu Tor their political sails From :
n, 'sohal experience. very few per-
N 1--we given the subject even cas-
,l,ie,' ZION and rarely indeed has NV
IA u''u sought ON this question ,
n, Mu quite sure that that Is also
al. HHpuIlehge Tho most that our =
~ ~ hhoW Of IL "a am speaking of The
N. -. y. thls "a Is the little they
> 5is@',.ih the papers in regard 10
10 49,. usslons IN Congress, and this
!. ~ nave passed over with scant
.I,5, I may readily gather from these 2
Tho r.. remarks that ! arm opposed
am 80 on postal savings banks.
,,e .esslty arises for them. feel r
!, suie that for tho present a,
~ 40 necessity eyists.
Is EVOLUTIONARY Z
r ~ : country like ours. where tboro I
r-ii,,' it''lom for an forces ,vbetb- !
-,r,1 OF financial To- have ~
an ~ sway, an necessary, Co.. ,ges :
~ lal methods. which inyo1,a
,,l. oeing and PROSPERITY - n,,r 6
evolv,i," 'olsht about by a process
rea"boS 5' ana the desired results 4
tlns cb,n without violent or dis =
on .iahscs. and without bringing !
" grief o. any cons,dershia ' ,s =
rht teohe But here Is "A measure I
: for 80 o Iolsted upon US. without
long FERMENTATION or for adjustment
ms n roaplsned principles 10 what
! Do no ,'' Evolutionary conditions
omon IN. l'uless 10 be- a financial
nv nu Present necessity Tor th,s r - no' 7
j Sos ei, NE other hand. il Is franyh, =
aence. '''' eVll and disturbing con. s
o. on !, ,ne familiar arguments in i
iunber" ' y, measure is that there are :,
VI of h,nl nIll people who are v
y, money Sy hidden away i AZ yn keep Z
Of sa %S". II, ! do not believe the mum.
ash, ~, :. silly people is as vrsa,