The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-09-19
Bryan and Burton Take Oppos-
ing Sides While House of
Representatives is Passing
the Measure by Big Majority
SECRET AIRY IN CITY
FOR BRIEF PERIOD
Ohio Senator, On Other Hand
Remains for Tour---Bankers
Spend Busy but Enjoyable
Day---Great Ovation is Ten
dered Great Commoner

Yesterday-which marked the Sec
pnd days session ofethe American In
stitute II Banking-was an eventful
ONE for the delegates.
They heard first one of the most
prominent figures In the upper house
of congress--Senator Theodore r..
Burton, of Ohio---criticise the pend
ing currency legislation. and later
they listened TO the secretary of state.
William Jennings Bryan. in glowing
advocacy OF the measure during the
very hour that II was passing the
lower house: put ia the afternoon In
a technical debate and polished the
day of with Il perfectly enjoyable hut
entirely frivolous "tollihcation," In
which entertainment features. dancing
and refreshments figured
Burton Speaks First.
Senator Burton. who had "A set sd
dress on 'FThe Pending Currency Leg
tslation." was first ON the program at
the morning session. He had good
audience: is a good speaker, a man
OF magnetic personality. and COM
manded not only q respectful hearing.
hut frequently evoked applause. His
address was In opposition to the Glass
Owen bill, aud the delegates heard
his side Of the case with intense in
terest
SECRETARY OF State Bryan. who
spoke AT a special session held at /
o'clock fer hts benefit, received an
ovation. The cabinet officer arrived
on train from Washington. which
pulled into the Chesa peake and ohio
station at o'clock on the dot He
was met at the station with an auto
mobile In which were Governor Mann
and President Moser. OF the assocla-
ton. ana whisked TO the auditorium
which was packed to suffoeation be-
fore he arrived Cordons Of police
made way for the visitor. and later
kept back the crowd which clamnred
for admission 10 the auditorium. The
Nebraskan was greeted with cheers.
the audience standing. as he marched
UP the left aisle, arm In arm with
Governor Mann. to the stage, and pro-
lonGed cheering greeted him rs he
arose To speak after the executive s
brief but happy Introduction. Speaking
hurriediy and ,extemporaneously in
championship 6f the Glass Owen bill
and without deiving into its details.
the secretary of state gave a compre-
hensive review of it's provisions; In
terspersed some good advice TO the
young bankers he was addressing in
the matter OF the relations between
the banker and the depositor. and or
namented the whole with some hou-
quets thrown IN the direction OF presf-
dent Wilson and Representative Cav
ter Glass. of Virginia the father Of
the currency blu.
1t still Magnetic.
Time has dealt kindly with the
Great Commoner and though ne may
have lost some OF the fire and fervor
of campaign days. that ne still pos
narSnnat pr. Ign, .
evidenced by the interest of the crowd
which filled every available space in
the auditorium and lost not a sylia-
bic that fell from his lips, He spoke
distinctly. and, despite his haste COW
erred the ground comprehensively.
The secretary Of state left as hur-
fiedly as ne came When the hour
of two arrived he left the auditoium.
dressed through the crowd which be-
s.iged him or every side 10 shake his
hand, entered the automobile and was
whiskea back to the station. Crowds
followed him to the machine, cheer
red him as he entered and gave him a
rousing ovation as the automobile
started The movie" man---who had
his camera in place outside the en-
trance to tho auditorium was disap-
pointed Handicapped by rain and
the race against time he had to
abandon the attempt. though he had
his camera in place when the secre-
tary emerged from the auditorium.
1t was necessary to hold the west
bound train fifteen minutes for the
secretary, who had a chautauqua en-
gagement in Charlottesville last night,
and ah that the secretary had 10 fore
go his lunch in order to fulfil his
promise to talk TO the bankers.
Discus Technical Matters.
The morning session yesterday fol-
lowing Senator Burton's address was
taken up with the reading and discus
sion of technical papers, and the af-
ternoon was devoted to an interesting
intercity debate between representa-
tives from Chicago and Pittsburg on
the subject: Resolved, That the So
called blue sky legislation would be
for the best interests of the people of
the United States"
"Blue sky legislation. being inter-
preted for the benefit of the layman.
means laws for the regulation or
rather the prevention of fraudulent
stock concerns
Pittsburg took the affirmative and
r. s. Space, r.. r. Eyler and George
Rankin, Jr, presented that side. while
Adolph Floreen. Norman r. Collins and
John w. Corby. of Chicago, argued tine
negative The judges were George
Bryan. christopher Garnet and Ernest
NJ. Long, of Richmond. who decided
in favor of the affirmative.
The points made by the Affirmative
were that the blue sky legislation. as
had been exemplified in the case OF
Kansas would prevent wild cat" STOCK
companies and save the unsuspectina
investor The government report o.
last year showed that rs swindlers had
been run TO earth after they had dis
honestly secured thousands OF dollars.
while the Kansas report showed that
1,4o0 wild car schemes had been
headed on with not q dollar f1chee