The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-07-17
RAPID PROGRESS
IN ORGANIZATION
Several Candidates Assured of
Election as Directors of Fed
eral Reserve Banks.
RICHMOND LIST ADOPTED
Admip;str ativ:, Senators Work
RICHMOND LIST ADOPTED
Admip;st, ativ2 Senators Work
Strenuously in Behalf of Con-
frmation of Jones.

Of directors of the twelve Federal re-
serve banks in the nations new cur
rency system was indicated tonight
In the Organization Committees an
nouncenent OF names OF several can
didates whose elections have been as
sured
District No. 5. with headquarters at
! Richmond. has elected three Class a
and three Glass directors, and all
that remains to complete the board In
that district is the naming by the
Federal Reserve Board of the three
Class c directors.
Districts 4. at Cleveland; s. In At
lanta. and 12. at San Francisco. are
the only ones in which one OF moro
directors have not been chosen.
ELECTION OF DIRECTORS
IN RICHMOND CENTRE
The election OF the following direc-
tors in District No. 3. with Richmond
as the Federal reserve centre. Is as
sured:
Glass A." Waldo Newcomer. Balti-
more; John f. Bruton. wilson ~ c..
and Edward Mann. Bluefeld. W. Va.
Glass b. Geogre J. Seay, Richmond; :;
d. r. Coker. Hartsville. s. c., and j..
r. Oyster. Washington.
Under the Federal reserve act the
electors OF the. various groups in the
twelve districts vote their first, second
and third choices for directors. The
list Mn District No. 8, adopted by the
Organization Committee to-nig ght,
comprised candidates who have receiv-
ed the first choice votes of more than
a majority of the member banks In
their group.
DIRECTORS ELECTED
IN OTHER DISTRICTS
The organization committee to-day
gave out the following list IF bankers
who have already been elected Federal
reserve bank directors in the several
Il, ID gsal,t 4
district:
District /. Boston-Class 4. Group l.
Thomas L. Reall. Boston.
District . New York--Class A, Group
/ William Woodward. New YORK.
District Glass A. Group /. Charles
J. Rhoades. Philadelphia. Glass T.
Group !, Alba B. Johnson. Philadelphia
district 4, Cleveland. none yet Sc
lectod.
District c, Atlanta, none yet Sc
lectcd.
District :. Chlcago-Class a. Group
/. George NJ. REYNOLDS. Chicago.
District $, st. Louis-ClaSs y, Group
/. Walker Hill. ST. Louis Class B.
Group !. Murray Carlton. ST. Louis.
District 2. Mnneapolis-Class A.,
GROUP !, T.. w Dicker, Minneapolis
class e. Group /. f. X. Bigeio~. -,
Fan
District 10. Kansas City-Class 4.
Group J. Gordon Jones. Denver. Glass
r. Group !. NJ. l.. Mcclure, kansas
Citv.
GroGp !, Oscar Wells. Houston. C.ass
y Group !, Marion SAMSON. Fort
Worth.
District IL. San Francisco, none yet
selected.
WORKING HARD TO GET
SUPPORT FOR JONES
Administration Senators urging the
confirmation of Thomas u. Jones. as a
member of the Federal Reserve Board.
worked strenuously day to bring
into line some of their Democratic
colleae eues who oppose the Presidents
nominee.
Tonight some of those who have
been most active were more hopeful
than they were yesterday, and one
Senator asserted definitely that Mr..
Jones would be confirmed by a ma
jority OF two votes. Opposition leaders
still insisted. however, that the Bank
ing Committees adverse report would
be adopted.
Whatever the outcome, it was made
virtually certain there would be no
vote for several days. administration
Senator'S being determined to hold the
vote off while they endcavor TO win
over support.
IGITCIICOCK Is READY
FOR VOTE ANY TIME
Senator Hitchcock. acting chairman
OF the Banking Committee. who leads
the opponents Of Mr.. Jones. said he
was ready for q vote at any time.
The nomii-ation OF Paul NJ. War
burg still rests In committee. Mr..
Warburg. through Representative
Oglcsby. OF New York, is said to have
assured the Banking Committee his
refusal TO appear before the committee
resulted from misunderstanding as
to why he was asked to appear. Plans
arc said to be working whereby the
case may be adjusted, so the commit
tee may proceed with its investigation.
Publication OF the majority report
in the Jones case was deferred again
70 day. because the report of the
minority favoring the confirmation
was not ready II will he completed
tomorrow
BURLESON ENDEANOHS
TO PERSUADE SENATOR'S
During the day Postma ster-General
Burleson. one of the political lieuten-
ants OF the President, spent Il couple
OF hours in the private room of Sen
ator Culberson, from which he sent
for Senator'S known to be opposed to
Jones, and enGcaVored TO get them into
line. Several more Senator's were sum
noncd to the White House to-day. and
at both ends OF the avenue the pres
sure was being cXerted to persuade
Senators TO support Jones.
1t is reported at the Capitol that
the President has cabled for Senators
owen and Fletcher to return from
Europe. The former is chairman of
the Banking Committee, and his alb
sence at this critical juncture has an
gered the President. Fletcher, it is
said. is to be appointed as an addi-
Continued on Third PagcD