The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1913-06-17

national and state banks should be
in the hands Of a banking board, con-
siSting of three memoirs and that one
member Of these boards, either ma
tional or state, should be selected by
the bankers themselves, the member
Of the national banking board to be
elected by the American Bankers as
sociation and the member of the state
banking board to be elected by the
State Bankers association. At the
present time the billions of dollars in
vested in bank stocks are absolutely
without representation in the matter
Of their control. We simply say to
the government Or to the state that
We are willing to invest so many
thousands or so many millions of dol
lars in the banking business and You
are at liberty TO do with us what you
will after you grant us a franchise.
been incorporated in any of the pro-
posed currency reform bills, nor do I
know that it will be but it seems to
me that the bankers of the United
States are foolish to invest their
money without placing themselves in
d position to have something to say AS
TO how it should be managed and
Other Morning Features.
Other features of the morning ses-
sion Included the reports of the COM
mittees on legislation. membership.
supplies. burglary insurance ana
bends, and the appointment of on
vention committees.
On the nominating committee, F. a
Irysh Of Fargo. r. y. Cathro of Botti-
"a and A. Fl. Peterson of Mandar
were appointed. and ]. l.. Bell of Ri
marck, Harry Lord of Park River and
II. II. Steel were appointed on the
resolutions committee.
Executive Council Report Wednesday.
The report of the executive council
of the association will be made to-
morrow morning by the chairman.
Karl Farup of Park River. The re-
port was scheduled for this morning
but. has not been completed. Las;
evening the board hcld a lengthy SEES.
sion. closing the affairs for the year
and it was impossible to complete the
work in time.
Speakers This Afternoon.
On this afternoons program thu
speakers are Geo. Woodruff of Joliet
ILL.,. who discusses Farm Finance
n. F. Hawley of Minneapolis WIN
talks on The School Savings Bank
Joseph Chapman Of Minnea polls. or
Good Farming Move.nen; in the
United States" and Mr. Scnilling.
AT the close of the afternoon ses.
sion the representatives. of the various
group associations will hold meetings
selecting their representative on the
executive council.
Oscar Wilson of Donnybrook is one
of the prominent bankers in the city
D~onnybrook is in a fourishing condi-
ton and the farmers are not worrying
over a a of yain. The grain has
attained a splendid growth and is ad,
vancing rapidly. Wheat will be this
big crop there this year although fla,
has been put in on a large scale.
S. NJ. Hyde, the popular Willistor
banker. is taking an active part in
the doings of the convention. Mr.
Hyde has a great deal of faith in the
western country and believes that il
will be one of the very richest sec.
lions Of the state soon. Most Of the
land is being farmed and farmers
arc very we'll satisfied with the croy
prospects in that section.
The Hcger brothers, ole and Geo
are right on the job. They are twir
brothers and look enough alike to be
mistaken for each other. They are
located at Forest River. They also
farm on a large scale near Hillsboro
Rain is needed at Forest River ant
that quite Don in order that no dam,
age may be occasioned. The whea'
has commenced to turn yellow in some
places.