El Paso herald. (El Paso, Tex.) 1901-1931, 1910-06-06

| by giving the men a broader view or
] their own Iife's work than can be OBJ
| tained within the narrow confine or
( the four walls Of any one bank. Fur
| thermOre, bank clerks are hard work
! ing young men, for the most part seri-
| ously devoted to their business, and so
cial recreation with other members or
| the clan. is of great benefit to them
Eighteen Entries For Prize Essay.
A feature of the Chattanooga con-
| vention will be the prize essay contest
There are Is entries in the contest for
the prize offered by the institution for
| the best essay on the proposed Central
Bank of the United States. There are
| other contests on more technical SUBJ
jects, and also contest with numerous
| entries for the Chapman prize in ex-
! temperaneOus speaking.
The prize in these contests will be
awarded by committees of eminent
! bankers, lawyers and educators. The
! contests have been arranged under the
cational director of the institute. who
also is in charge of the Institute courses
| Of study.
Banking Questions Be Discussed.
Another feature of the convention will
| be a session devoted to a symposium
Fl, Of six practical banking questions. The
practical nature of these discussions is
| indicated by the subjects: What is the
best system of handling transit items? ?"
| THE problem of the exchange charge
| which arises in the collection OF coun-
| try checks" Suggest a plan for
| clearing house of credit information in
| each locality" Advisable changes in
the national bank statement" and 9TH
ers OF the same general nature
! While the convention will hear sew
eral speeches by prominent bankers
and public men, the greater part of
the discussions will be solely in the
hands Of the 500 actual working clerks
and Junior officers attending as dele
gates representing the local and the
correspondence chapters. The keynote
Of the meeting will be practicability-
Maintains Educational Standard.
At its convention in Seattle last year,
the institute declared by resolution that
it's paramount object is to maintain
| recognized standard of education in
banking and finance and commercial
and banking law, by means of uni
form coures of instruction, official ex-
amfnations and the issuance of certiff-
Gates To qaulify students for exam
ination, the institute provides courses
Of study through alliances with uni
versities and correspondence schools
such as have accommodated their ia
cilities to meet the requirements of the
institute.
Thus in cities where suitable schools
of banking and finance and law are sit
uated, arrangements are made for the
conduct Of study classes by profess
sioral instructors. The chapter class
work in this collegiate method consists
of lectures and examinations supple
mented by textbook work. Under the
correspondence method. individual stu
dents outside of chapter cities may take
the complete course as outlined by the
institute from one of the leading cor
respondencei schools of the country.
Instruction by Correspondence.
In addition 10 these two methods. the
educational director of the institute
conducts chapter class work directly by
correspondence with the individual
chapters. The director sends out
courses Of lectures and such textbooks
as may be required. Under this system,
some chapter member is selected to
read the serial lectures and to conduct
the quiZZes, for which he IS supplied
with a key for his personal use. Under
this plan, final examination for certi-
fcates is conducted from the general
office of the educational director in
New York, and a certificate issued by
the American oaIiAer5 association. :
This educat 3onal work is paid for
largely by thet membership dues of the
chapters. supplemented by an annual
contribution I voted by the American
Bankers assb ciation. The institute is it
self the butgrowth of a movement
founded byAthe Bankers association in
19efvfor purpose of promoting the
Interests y bank employees and develop
ing the spirit of fraternalism among
the younger men in the banking BUSH
ness.
The educational feature was CON
templated from the beginning but il
long since has surpassed the greatest
hopes of the men who first began the
work. Perhaps no other organization
representing the junior element of
profession or business is so highly de-
veloped or so successful in ambitious
undertakings
Local chapters now exist in 81 cities
and new locals are being organized
wherever there is a sufficient number
Of banking men eligible for active mem
bershp. The Chattanooga chapter. now
host of the national institute, is one
of the newest local organizations
Next Convention at Rochester.
The next annual convention probably
viii be held in Rochester. an active
campaign having been instituted to
th's* end by the Rochester chapter some
time ago The institute is an organiza-
ton of active and aggressive young /
Americans and it has proved itself a |
type Of chara cteristic American success |
IN the eight years of fits life as a ma |
tlonal organization. The Chattanooga /
convention marks high tide in its af-
fairs
GOOD RATNS NOPTH