The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-09
NORTH CAROLINA
BACKS RICHMOND
WITH UNAN|M|1Y
State Bankers Association and
Two More Cities in Line for
Virginia Capital as Reserve
Bank Location.
Cordial Reception for Booster
Committee at Raleigh and
Goldsboro. Greensboro and
Winston-Salem Will Act
Today.

Especial to The Richmond Nirginian.)
RALEIGH. n. G., Jan. S.--The
North Carolina State Bank associatioa
the Rleigh and GoIdsboro chambers
Of commerce and hundreds of business
men acting in their capacity as in
dividuals, endorsed Richmond today
rs the loch,'on of one Of the eight ar
twelve regional banks to be organized
ui.der the terms of the new currency
bin.
Tn" bankers association adopted
resolutions heartily favoring Rich-
mord and the Raleigh and Tarboro
chambers OF commerce also went on
record. The bankers named a commits
tee 10 appea: before the organization
18th. when Rlchmond's claims will be
presented.
Cordial Reception.
The Richmond boosters are meeting
VITA a cordial reception in North
C4roIin1, which y enthusiastic for
Rictmeud Car DINA merchants and
bankers prefer to be in district Ia
the north CT them rather than to the
south. and certain that II there Is Is
be no hank between New York ana
Atlanta or New Orleans, the Carolinas
will he pla ced in the district w~h
whichever of the two Southern cities
is selected Richmond is their first
ans. only choice unless it should be-
come eyidep; thai the Virginia cap''al
will not be named. In that event any
city tn the Ecr1k will be supported.
IRE Richmond committee met an
even more cordial reception In Raleigh
tonght than ii bae received in Colds
bore The executive committee of the
State Bankers, association had an-
dersed l;ichrlond this afternoon h1-
fore the Richmond committee prole-
arrived ard when the latter put In an
appearance they went into conferences
with the Raleigh chamber of com-
lrsercc. which took similar action
The sentiment and action were botHs
oserw heIming fer Richmond. HI corr
ference with tie chamber were w u.
Dabney. business manager Of the
chamber uf commerce o. Richmond.
Mr. Seay and others Many promin-
ent Richmond bankers and business
men were in Raleigh tonight and they
were greatly pleased with the reception
accorded them. Among them were
Congressman A. j. Montague. Hubert
w. Jackson, president OF the VirEinla
Trust company: Henry f. Litchfield.
vice. president of the Old Dominion
Trust company, Thomas McAdamA,
cashier of the Merchants National
bank.
Greensboro Today.
The committee will leave tomorrow
fer Greensboro. where a melting or the
chamber of commerce has been arr
ranged Tomorrow night they will
present Richmond's claims TO the
chamber of commerce of Winston-
Salem.
The sentiment of the bankers OF tho
State present at the meeting OF the as
soc!ation was unanimously in favor OK
declaring for Richmond as against At
lanta or Columbia. In other words,
the preference of the North Carolina
bankers to unit is TO have their
dealings north of Raleigh rather than
south, on account of the greater cons
venience in the matter of mails, the
correspondence of practically all be-
ing already to the north.
A few expressed d preference for
being in district with New York
rather than with Richmond, but this
was shown to be out of the question.
and those who wanted New York took
Richmond as their second choice.
During the morning former Cover
nor Montague visited the State capitol
and paid his respects to Governor
Craig being escorted by Messra
Jackson, Litchford and Owen.
Officers and Resolutions.
The following are the officers ana
members Of the committee OF the
North Carolina Bankers association.
President. George a. Holderness. ct
Tarboro; vice presidents, Thomas r.
| Cooper, OF Washington; ]. L. Arn1-
! field. of Thomasville: w. 8. Blakeney,
of Monroe, and members--E. c, Res.
| of Edenton; w. E. Warren, OF Wilson;
f. a. UzxeH. of Newhern; w. b. Drake.
Jr.. OF Raleigh; A. l.. Davis. Of Buri.
I ington, G. V. Brown. of Lumberton;
l. r. Craven. of Ramseur; c. r. Me-
Nelly. OF Mooresvilie; L. O. Anderson
| of Charlotte: James p. Sawyer. -
lAsheville; Leak s Covington, Of Rock
Ifngham and w. A. Hunt, Of Hender.
isea. OBSERVATION-DISCLOSURES. = &C. -
| Resolution Endorsing Richmond.
/ At the meeting the following resolu.
! ton was unanimously passed:
( That committee OF nine. includ.
ing our president and secretary. be ap.
pointed to attend the hearing II, Wash
sington January Is, 1914, with respects
| to the location of one of the regiOna1
reserve banks under the new currency
| law.
Further. That 1t is the wish Of
/ this association that the reserve bank
be located at Richmond. Virginia. lf
after corporation with the city OK
Richmond 1t Is found impracticabie a.
secure the location of this hank IN
i Richmond. that we on second chotre
endorse the claims of some other city
north Of u.s.
| The following committee was Ap.s
pointed to appear before tina organizA-
ton committee OF the federal reserve
bank at Washington January 18th:
\ Joseph q. Brown. Raleiith. J M
wood Cox. High Point: Colonel r. H-E
Fries. Winston-Salem: a. q, Brcnix<fs
Charlotte: ]. G. Braswen. Rockfn&~
ham; James r. Sawyer, Ashcyt1les
George, Al HolderneAs. Tarhoro: VII,