The Calumet news., 1913-10-06
BANKERS OF U.S.,
MEET THIS WEEK
Administration Currency Bill viii
Be the Leading Topic

. ''-.''''' -'''N'r ''Nt' VI we lNuu
sand bankers. representing an classe
Of financial institutions and all sec
tons 81 the United states win assem-
bic IN BOSTON this week for the thirty
ninth annual convention Of the Amer
i1an Bankers association The ma
. J"rIty of thc delegates ar" already oi
. ia" scene and II is evident from thri
/. conversation in the hotel corridors tha
the iiv"liest session since tho mcmor
able one of 1896 is expected.
The administration currency hin now
before the senate banking cummltte,
! "iIl naturally be the leading topic OF
discussion az the convention. Toda,
conference Of representative small
banks OF the West and South was held
at the 'opley-Pla2a hotel 10 consider
the currency measure and its probable
Effects on banking business generally
and particularly the business Of the
small banks and tho general welfare
of rural communities. Later i'm the
week the currency hil viii be taken
mp at the sessions Of the convention
J proper when the representatives of
1900 banks viii he given an oppor-
mnity to express their views on the
measur" and 10 vote for united
stand regarding its desirable and an
desirable features
Detective Burns TO Speak
\ number of speakers of national
prominence will participate, not only
in the sessions Of the convention prop
er' which will be held on Wednesday
and Thursday. but also In the meet
ihss OF the ScTcral sections tomorrow.
Congressman Mccall. Of MaSsachu-
sets, and Robert Walker, of New York
city, will speak before the meeting of
the trust company section. William j.
Burns, the noted detective will ad-
dress the savings bank section. Other
well known speakers Will be heard al
the meetings Of the state secretaries
association and the clearing house Sec
ton
Mayor Fitzgerald and President BcaI
OF IN" Boston clearing house viii well
come the visiting bankers at the OPEN |
ing session of the convention proper
wednesday morning in symphony |
Hall. Charles II. Huttig. of ST. Louis |
who was president of the association, |
dlcd last July 50 the honor of pre-
siding over the convention will come
to First Vice President Arthur Rryn-
"lds' of Dcs Moines. Mr.. Reynolds
VIII make brief response to the ad-
dresses Of welcome and will deliver
MS annual address. The remainder of
the time Of the Initial session will be
devoted 10 the annual reports Of Of
ll'"rS ana standing committees.
Devote Session to Agriculture.
At the session Thursday morning
the report Of the committee on agri-
cultural developments and education
VIII be taken up. James j. Hin. of st.
Paul, will deliver an address on "Ag-
rlculture in the United States" and pr
George II. Vincent. president of the
University of Minnesota, will follow
with an address on THE Tendency
Toward Practical Education" Sam
Jordan. Of Pettis county, Mo, will close
he symposium on agriculture with an
ADDRESS ON The County Agent" In
he afternoon unfinished business and
ne regular routine business of the
convention will be carried through.
The local committee of bankers has
made elaborate preparations for the
omfort convenience and entertain ,
nent of the delegates 1nd guests. The
'rogram includes the placing OF 100
uiomobileS at the disposal of the vis-
tors throughout the convention: a
water carnival on the Charles River ,
}asin; a reception and ball i'm SYM |
hony Hail; mnCheons 10 the delegates !
n horticultural Hail; historical meet. f,
ngs in Faneuil Hall, the old North I
'hnrch, the old South Meeting House
nd Kings Chapel; special concert /
y the Boston Symphony Orchestra. ,
nd fun day of entertainment i'm |
'uSton harhor and at Nantaskct beach. \
$4,000 Banks Represented /
The membership of the American I
'ankerS association embraces prac- 4
rally the entire financial fraternity T
f the United States. It was formed 4
{ Saratoga in 1875 at convention 4
Z which thirty-twO states wcrc rep 6
scented 10y 3i9 delegates. Its growth 4
IS been steady and at times very
lpid, the total membership today in /,
uding nearly 1000 national, state n
nd savings banks and trust compan- a
$ ana private banking houses. -
In addition to Vice President RCyn- a
DIS, th" principal officers of the as -
'cIatlpn are Fred T.. Farnsworth, -
ow York city general secretary: +. =,
ictchor Farrell, Chicago, treasurer. q
ld Thomas j. Davis, Cincinnati. :,
larman OF the executive council The ',
'csidcnts of the several sections arr =,
illiamS g. Toillon, New York city. a.
ust companies section; r. &. Stcph- ~
son, South Bend Ind. savings bank :.
rtiou. Ralph Van Ncchteu, Chicago. ',
caring house section. and W G. NJ
lddcn. Nurth Dakota, state secretar- ''
/, section -
----a#---a------