Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-11-11
BIG BANKERS FROM
ALL PARTS OF U. S.
FLOCKING INTO CITY
Convention Will Discuss I'm
portant Questions of World
Finance-Sir George Paish
a Speaker.

Members of the Board of Governors Of
the Investment Bankers Association OF
America will meet at o'clock this af-
ternoon in the Bellevue-Stratford and con-
slider matters to be put before the third
annual convention of the association.
which opens tomorrow and will continue
until Friday night.
Widely known and influential bankers
from all parts OF the country arc flock
ang into the city today to attend the
convention. The delegates will register
this afternoon at the hotel to obtain
badges, credentials, banquet tickets and
information.
Indications are that the convention
starting tomorrow will be the most inn
portant in the history of the association.
in addition to numerous important ques-
tionB of investment, which will come UP
for discussion, the delegates are expected
TO discuss the question of railroad rate
Increases, war taxes and other matters
of Importance in all lines OF business.
Sir George Paish, the noted London
nnancler. who Is in the United States for
short time. will be one Of the prin-
cipal speakers. The effects OF war on
belligerents, banking systems and the
operation of the moratorium will occupy
much OF his attention in the addresses
he Is scheduled to give.
The convention will be important as
q place for appraising the situation in
world finance and the effect of the war
on the United States. In addition there
will he n definite summing up of pres
ent business conditions.
The Federal reserve bank and its eff
feet on investment securities will be dis
cussed by II. Parker Willis. of the Fed
Rnard WnabinRtnn. How
ard s. Graham, of Philadelphia, will
speak ON the English moratorium, and
the international trade and foreign eX-
change will bo the subject of addresses
by John ]. Arnold, of Chicago; William
II. Cloverdale. of New York. will talk
on railroad maintenance and deprecia-
tion.
Public utilities and their aspect as an
Investment field will be discussed by An
drew j. Frame, of Wausesha, Wash,
which Is in the centre of the long-dis-
SRnce power plant section supplying Pa
cific coast cities.
THE Modern Gas Company and the
Security for Bond Issues" will be the
subject OF paper by Rufus c. Dawes,
OF Chicago, closely associated with the
Chicago Gas Company.
There will be many trips and other
events to amuse the delegates between
sessions of the convention. There will
be luncheon at the Curtis Building and
= trip OF inspection through the home OF
the Saturday Evening Post, the Ladies'
Home Journal and the Country Gentle
man.
Members of the Board of Governors of
1ho association arrived in Philadelphia
today to complete arrangements. Ses-
sions will be held in the ballroom OF
the Bellevue-Stratford.
CHICAGO, Nov 1.-THE Western dele
cation of members of the Investment
Bankers Association of America, left here
today at 10:5o a. m. on special train over
the Pennsylvania Railroad to attend the
third annual convention of the associa-
SIon, to be held In Philadelphia. and will
arrive at North Philadelphia station at
7:20 tomorrow morning.