New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-07
n URGE SOUND BANKING
Tim cIafin Names Directors OF
Citizens league Here.
CONCERNS BUSINESS MEN"
.,orss Movement Is Non-Par-
y s.an and Too ''ital To Be Made
vootball of Party Politics.

"a, u the II. B. Clafin Com
lohA '-t,,e,t OF the New York state
Fny tbe National Citizens League
FA.," ,rorotion Of Sound banking sys-
% ~ ~,sterday announced the following hs'
e dTe.'o, y Dodge. OK Phelps, Dodge &
CsVei'-' q Eames. Of the II. 3. Clahin
O. 49,. Gerrish H. Miniken. Of Deerins'
tos g Co: j. Harper Poor. Of Amory'
uA : "a; Henry A. Cesar, of r. A.
Eo" "a Arthur Lehman. Of Lehman
oRsa' r5vard d. Page. OF Faulkner,
Ho'' =, Welding Ring. Of Mailer &
asS cornelius y Bliss, jr.. Of Bliss
~. Co. James Talcott, OF the Amer
~ yosierv Company: Hermann Fleit-
i'aD - Fleitmann & Co. James H. Post,
Ban" u howell. Son & Co: Frank Trum-
- tho Chesapeake & Ohio Railway
eai" and Edmund d. Fisher. Deputy
'O |.-.,,sr Of New York City.
Oonu -'S.s Mr.. Clafin. the officers q the
&c., ~,,E branch are Isidor straus. treas
-" ,,,ing T Bush. chairman OF the eX-
ule.' ,,mmittee: william Sloane. chair
eeuN :. tbs finance committee, and George
MAJ r,,,-.,,op. secretary. The Offices are at
(, ip Broad street.
a. claain. IN outlining the objects OF the
sAgue, SAID .,... .-,.....,,,,.
- f,rtherance Of currency and hunk
.-a,--r, a national one There is popu-
= ssii.f that this problem is one that only
- bankers That is altogether
s.aksn one. il concerns every business
lvsr,, farmer. every wage Garner. The
-. NJ 1917 was az unnecessary as dis
- II disclosed weaknesses in our
go system which all admit can be and
=. h. effectively corrected. The cOun-
= still suffering from the effects Of this
"a, and the small businesses are suffer
:, more than the large businesses.
= tee problsm IS one that concerns our
-. ropulation. ana. as President Taft is
..,tinc OUT n his Western speeches.
- Is no legislation Of any kind. tariff,
..e-oad corporation or Of a general politi-
:, character. that az all equals ins i'm
,otsnce the putting of our banking and
,a-rsncy system on 2 sound basis. Il is one
,,tte first few duties the government owes
i1s people
.srhis movement is ncn-partisan, and must
h. kent 80. The problem is too vital and
PRESSING a one 70 be made the football OF
marty politics II must not be delayed and
diverted as the tariff matter has been.
asked II the work Of the National Citi-
,.ps, League was allied with that OF the
Monetary Commission, Mr., Claim said it
was not adding.
The National Citizens League is alto
gsther independent in every way We rec
ognize the able and thorough work done by
he Monetary Commission. and that many
and valuable suggestions may be had from
Il Blu, the league has no cut and dried
'fisn 70 Offer
we do not advocate a central bank. do
az a general banking business. but we 90
elleve in what has been called a National
Deserve Association. controlled and man
Eed so as 10 represent the democratic
art and the sound common sense Of this
alton
he headquarters Of the National Citi-
pas League are In Chicago. The move
aai was started there two months ago
/ h kading business men. John v. Far
VI. Of the John V Farwell Company. IL
rsdent Of the national organization. and
4 Laurence Laughlln, Of the University Of
/ lhago, chairman OF the executive COM
1i.ts Among the directors are B. h.
S1ly president OF the Chicago Telephone
| iupany. cyrus II. Mccormick president
/ 4 DC International Harvester Company;
+ Tin 6 Shedd. Of Marshall Field & Co.:
| 4 De,ano. president of the Wabash
aaroad Company. and Marvin Hughitt.
e,rnan q the board OF the Chicago &
y-ihwestern Railway COMPANY