The Cairo bulletin., 1910-10-27

Oscar G. Foreman-President Illinois
Bankers Association.
and genuinely practical. But we
need your assistance in some things.
One Of these is a better support of
the Burglary Insurance and Fidelity
Bond Department We need help
there so as to keep down the rates,
If the department is neglected, rates
are sure to rise to a point where
they were before your Association
took an interest in the matter. 1t
is a subject in which country, as
well as city, bankers should take a
d.rect interest.
In regard to the country banker,
he has been aggresslveiy active judg,
ing from the Group Organization. [
attended many of these meetings In
the last twelve months, and was
in pressed by the earnestnass and
vitality OF the gatherings, eacn
Group having an attendance of about
$50 members. | saw more clearly
than ever the Importance of the
country banker in our central bank
ing scheme, and that Importance is
growing year by year. You will fin
saese meetings very instructive.
They are a link between the coun-
try and the city banker.
The banks of this commonwealth
now have deposits of s1.155,000.00
approximately, Of which the State in
stitutions have nearly one-half. 1t
is q magnificent showing, especially
for 4 western state, a showing which
eastern states, excepting New York.
may we'll envy. THIS GREAT TO
TAI MEANS THAT EVENTUALLY
WEALTH COMES TO THE COM.
MUNITY WITCH pRNDu CEy
REAL WEALTH.
The natural resources of Illinois
and its tributary territory are rich
and inexhaustlble. The land is the
most fertile in the country. The
waterways, the Mississippi and the
Lakes, are the greatest inland water.
WAYS in the world, Illinois has the
second largest city in the union. des-
tined some day by its geographical
oositton to become the largest. The
State's manufactures are in the
front rank. Year by year the vol
nUe OF business Increases rapidly,
and with this great growth banking
grows correspondingly. | should not
be surprised to see. in the next
generation, Illinois taking the lead.
ing position in the country's indus
ties. You can readily zee what
'N't W y reau TO TIE hanping brsi
ness cf this commonwealth, and also
to the Illinois Bankers Association.
But Will ontimistlc, We should not
he Mind TO an economic danger that
has arisen In the last few years:
the t%e"dencv toward extravaganza.
We ore IN DANCER Of heccniug an ev.
~traYacaut nation. Not many years
AGO We knew the vnme of a dollar.
We arc losing that knowledge. | do
moi know exactly who or what IA
responsible for this change, Per.
maps Il Is due TO the faster develop
ment Of the countrv's wondergul re-
sorrccs We have such a vast
amount Of genuine wealth here that
" ie i~rcssible orr people's heads
have been temporarily turned. Wha.-
ever the cause, we bankers can do
much toward bringing the people
back to an economic basis, for the
banker OF .odav eniovs the conf
aenHe Of the neon'e to on unusual
de~re
" fo~~~nr rne-e mo ~tertor wae n
warsaw ~en~-p u-hn- a~ar+ fr~m o.o-c
He was a'wavs very w.uch on his die.
nifty, publicly and priv7'elv. r. he
could surround himself with an ar
OF mystery, 80 much the better. He
was accessible to only a privileged
few. AS q rule, his manners were
cold and distant. he did not care