The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-13
DOES NOT THINK MUCH OF
BUY-A-BALE MOVEMENT
South Carolina Banker Says Real
Solution Is Curtailment and
Diversity of Crops.
WILLIAMS TO BE HERE TO-DAY
Comptroller of the Currency Will
Pay Informal Visit to Convention
While Here to Attend Golden We'd
ding Anniversary of Parents.


night, Ira B. Dunlap. cashier OF the
National Union Bank, of Rock Hill,
:. c., said: 81 don't think much OF
the 'buy-a-bale- of-cotton movement
MIR. Dunlap, who comes from section
of the country where the production
and manufacture of cotton is the prin-
cipal business, said that while he be-
lieved the buy "a bale" movement was
launched in the proper spirit, he was
of the opinion that the situation, IL let
alone, will soon adjust Itself. Like
other banks, he said that his institu-
ton, of course, has the interest of the
farmer at heart, but he expressed the
opinion that the European war will
eventually be an aid to the cotton in
dustry In the South.
REDUCTION OF COTTON ACREAGE
POINTED TO AS SOLUTION
]. Il. Reed. vice-president OF the Citi-
zens' National Bank. of Meridian, Miss,
said last night that he thought n re-
duction OF cotton acreage in the South
is the solution of the problem which
confronts the farmers of his State
| The European war has at least served
to teach many OF the farmers les
SON. he said. They will in all prob
ability reduce their cotton acreage"
Festus J. Wade. the well-known st.
Louis banker. who originated the cot
! ton-loan fund plan. recently approved
by the Federal Reserve Board, Is ex-
pected ut convention headquarters to-
day. Prominent ST. Louis nnancicrs
attending the sessions last night were
j. y. Lewis, cashier of national
bank and A. o: Wilson, vice-president
of the state National Bank 1t was
stated OH good authority last night
that the loan fund. plan Of the st.
Louis banker is heartily approved by
practically all of the larger financial
interests of the Middle West. and that
it will be sanctioned by them. 1t is
generally believed that the plan will
soon be carried into execution, and that
In it the needs of the cotton growers
of the South will find relief.
BURNS ATTRACTS
MUCH ATTENTION
Detective William j. Burns attracted
considerable attention az he leaned
! against the clerks desk In the lobby
! at the jefferson last night and idly sur
veyed the passing crowds. The Inter
national Detective Agency, of which
Mr. Burns is the head. officially repre-
sents the American Bankers Associa-
| ton. so fer. we haven't seen any
pickpockets or any crooked tranSac-
tons" said c. w. Tobie. manager of
the criminal department of the agency,
Western district. The orchestra in the
balcony struck up n popular air, and
several of the stnid iinanciers grouped
about I'm the lobby caught step to the
| music and executed n few steps of what
appeared to he n peculiar arrangement
of the modern dances. 81 hope they
are having good time" said Mr..
Tobic, as lie watched them. "Convcn-
tons. rs rule. get pretty tlresome
for us before they are over. There's a
lot of samencss about them and not
much real action"
COMPTROLLER OF CURRENCY
TO HE IN RICHMOND TODAY
John SHELTON Williams, Comptroller
OF the Currency, will pay an informal
visit To the convention to-day AL
though Mr.. Williams was formally in
vited 10 attend the gathering, 1t was
no; learned until late last night that
he would find II possible to accept the
invitation. He will be in Richmond
This afternoon to attend the golden
wedding anniversary of his father and
mother. Mr.. and Mrs, John l.. Williams
Among the late arrivals last night
was Sol Wexler. of New Orleans, one
OF the best known fnancicrs of the
South, MIR. WcNlcr is said TO know az
much or more about the real facts re-
Earding the cotton situation than any
other man in the South
Edwin Skedden, the Canadian bari
tone. who has been engaged to sing
at the jefferson Hotel during the con-
Ncntion. is spoken of in the most flat
tering terms by New York and London
critics. He was fit;t introduced TO the
public by Fuller Maitland, the great
London critic, and for years he has
sung leading roles In light and grand
opera companies Mr. Skedden sings
the hes; Of the popular songs with an
occasional grand opera selection
Miss Katherine pike, who appears
Win Mr.. Skcdden. is regarded as one
of the best pianists in the country
she has nnnnIrp1 with of
best known orchcstras in Auerica
The work of these two musicians last
night won favor with the large assem-
oiASc OF bankers who.heard them
All of the convention plans are be-
ing carried out in the most gratifying
manner" said w. r. Reed, president OF
the Richmond Chamber OF Commerce.
last night. and the bankers conven-
ton promises to be one of the biggest
and best ever held in Richmond"