The Paducah evening sun. [volume] (Paducah, Ky.) 1906-1929, 1910-08-17
Grnsshnm,s Address.


fying the stockholders. He brought
out the qualifications Il requires 70
make a good banker, and the i'm
provements which bankers have
brought about in banking systems
BY working in harmony and In
eNaeting high standard OF integrity
He SAID that banks and bank
ers are held In popular esteem by
reason OF their having made these
endeavors 10 improve their own
and the banking system at large, In
order to meet the demands OF the
public along these lines. The posi-
ton OF power which these bankers
occupy and their influence IL much
increased on account OF the position
they hold In public esteem, and the
business weird expects them 60
make good both in exalting worthy
citizens among them and in protect
ing the public from the weak and
irresponsible ones that may be en-
gagged in business with them. In
closing he said that the citizens OF
Paducah feel Justly proud In having
Mr. James Utterback as president OF
the state association.
Capt. Farley's Speech.
Capt. Ed Farley spoke as fol-
lows;
IT is asways interesting TO talk
finances. for though one be not pos
sessed of enough Of the worlds
goods TO pay for a suit of summer
clothes yet while discoursing on the
interesting subject, he builds up
ideas. initiates his imagination and
feels for the time as though he Is
really Rockefeller. a Morgan or a
Croesus, and therefore has the right
to talk to you poor Flooding han
oilers OF the filthy lucre and inform
and advise you In the art Of max
ing two dollars out OF one. and
keeping on the outside OF the bas-
tile. really think, however, hnan-
cial questions might better be dis
cussed by real financiers. and the
safety OF our funds placed In the
hands OF intelligent. watchful and
discreet banking and trust company
officials, who have made study of
the subject and who may not fail
to discover something wrong when
ever the till is robbed OF 100000
or more by any 'didaper' bookkeeper
who may artfully try TO conceal the
transaction by taking the trifiing
sum OF $4,000 per month. Expert
and watchful guardians OF banks can
not be fooled in any such way, and
whenever such a practice continues
for more than two years, the indis-
erect Individual Is nearly sure to be
exposed.
"My friend, DR.. Bruner. has had
the nightmare for the last two years
because of the fact that so many OF
our expert fiDanciers in the state
have failed to realize on their last
venture. and their ship struck a
rock on the right bank of the Cum
berland. When we stop 10 think OF
the rapid progress made by Ken
lucky in the financial world during
the last decade, and, contemplate the
possibilities for the future, we be-
come aware OF the fact that we have
an asset in the good old common
wealth which. IL properly cared for
and nourished, will bring prosperity
and happiness to unborn genera
tions.
"Our progress in every branch OF
business for the last ten years has
been marvellous. and is sufficient TO
inspire us to greater aud more earn
est work for the upbuilding of Ken
lucky. Occasional drawbacks In our
business career, and the few break
ers we may encounter from time to
time, is calculated to cause the pessi-
mist to declare that we have reached
the end of our prosperity and tur-
Their progress may not be expected
but such is not the case. and while
the croaker always has, and always
Will be with us, the business men
OF Kentucky are forging to the
front, building fortunes for them
selves and adding wealth to our
state.
In the year 1900. the assessed
value Of the property of the state
was s574,S67,964. We find gradual
Increase in values from year to year
until now it is $S2s,275,022. an in
crease in the ten years of $685.
4O7.O5s.
The railroad mileage in Ken
lucky in 1909 was 1850 miles, an
increased mileage of more than 20
per cent in nine years.
The output of coal in Kentucky
Tor the year 1908 was 1O.24G,55S
tons valued at s10,S17.162, and the
output OF our manufactures, timber,
tobacco and spirits for the year 1906
was more than Ss5, 100000.
me banks of the state have also
kept abreast of the prosperity Of the
times In 1900 the 217 state banks,