The Washington times., 1911-10-22

In all probability the bank examiner
question will be settled at the meeting
of the District Bankers Association to-
morrow evening. The program has been
made up. fE
The Joint committees will report In
favor Of the employment Of Examiner
Ham, Of the Comptrolier's stan Of ex-
aminers, assigned to the District Of
Columbia.
Mr.. Ham 10 recognized by the heads
OF the banking institutions Of Baltimore
and washington as one of the most
competent examiners in the business
thorough in every detail. deliver with
a fine memory and AZ honest as the
day is long. -.
He appeared before the joint commit
tee on Friday and addressed them ~
length on the subject OF examinations.
He told how, in carrying out his duties
at this time, he was In the haoit OF
calling the directory Of a bank together
Immediately following an examination
and going over before them and with
them. every phase Of the situation. d's-
cussing matters that he considered
needed remedying. ETC.. 20 that no d.
rector could claim Ignorance Ct any
matter in connection with the bank.
Lists of notes over $500 are taken and
these are read before these directors
meetings and discussed.
Mr. Ham promised to deive more
deeply for the association than he does
for the Government. This ought to
mean double assurance Of safety for all
members OF the Bankers Association.
An assistant will be employed who
will accompany Mr. Ham on his ex'
aminations, and will be In charge Of
the office. For this assurance OF safety
and II will he a card for adverttsins
purposes, the banks will have to paw
gooiliy sum. but expert labor neve
comes cheaply. 1t will be worth all
Comptroller Murray is willing that tn,
a negotiation should have the cement o.
Mr.. Hams services. II oRreeable 70 MIN
and the association has taken care O
When tho examiner discovers any
thing radically wrcne-anyth thing ina
threatens link in the chatn-he VII
make his report to the COMMITTEES OF
examination. Otherwise. Information a
hard will be treated by him as entirel,
confidential. and no one believes tina
Mr.. Ham would play favoriteS Tor
minute.
ready to launch the examination ieat
ure. Every phase and feature has beei
considered. pro and con. IL is 70 o.
hoped that the actual workings ~ tn
system will prove that its installation
The rights Of every bank in the asso
citation must be carefully guarded II
business relations with men and corpo
rations so long as they ere WITHIN oom
merrial propriety. are Tot the business
Of any other bank or banker. A soiven
institution is of no interest to the com
mittee on examinations. other than
source of satisfaction. Let the examiner
dig, all others. hands cH.
With the confidence OF the bankini
fraternity resttng in Mr.. Hs mn. 1t is hi
duty and the associaticns as well Il
zee to II that his asststent Is also close
mouthed on matters OF EXAMINATIONS
One new national bank. maybe an
other. The more the lfvelter.
Answers are coming into the Comp
troller's office anent the interrogatcrfes
sent out week ago asking about saw
ings deposits and whether or not ma
tional banks would favor the passage
of an amendment providing for q Ger
tain percentage Of loans on real estate
Tie Western banks are general ir
favor of this amendment to the bank
ing act But they have no trouble a
this time in making real estate loans
II they SO desire.
In Washington. as elsewhere. nationa
banks frequently take plain notes, will
one or two names thereon, secured b!
real estate notes-certainly an addet