The Birmingham age-herald., 1914-05-09
PRESS COMMENTS
 ON W.P. t. HARDING
Wall Street Journal Speaks Highly of Harding's Ap-
 pointment


 being made in various parts of the coun- try.
 Exchanges that have been received here very greatest enthusiasm over the ap- pointment of Mir Harding and in the volume of editorial comment and other notices no criticism on the ability in tegrity on the business judgment of MT. Harding appears,
 Dow. Jones x Co.,. publishers of tho Wall Street Journal. perhaps as well an informed a source as to financial matters as could be found in this country, pays Mir Harding unusually high compliment In speaking of him the Wall Street Journal says:
 No so much has been heard of the third banker appointed. To those who did not know w. P. c. Harding, or the First National bank of Birmingham, the appointment seemed to be sectional, and to give to the southeast three members of the board, counting Mir. McAdoo and MT. Williams, the ex-officio members. as from that section It sounded like an echo from the selection of reserve loan cities. As a matter of fact. MT. Hard ing is as highly regarded here as an American banker as is MT, Warburg a an international banker. He Is presi- dent and the controlling influence In a bank with $11,647.000 deposits. a bank which is the largest between Washing ton and New Orleans His Is a purely commercial bank, and MT. Harding is as high an expert in commercial paper as Is MT. Warburg in foreign exchange. 1t is said of him that he can tell a good note by merely looking at it. If the a n nj naF axa arf such as would meet his approval, the number of bad notes will be small. He may be as serviceable in providing reg ulations for acceptances of commercial paper as MT. Warburg is establishing foreign exchange departments and put ting the business right in other ways.
 After MT. Olney declined the posi- ton of governor of the reserve board. 1t was reported that either MT. War burg or MT. Harding would be ap- pointed to the place. Bankers thought that little too much to expect Tt sounds sensible,' one of them said. Tn fact, it sounds too sensible to be true.
 This same authority quotes H. F. Davi- son of J. P. Morgan X Go. as making the following statement about MT. Hard ing:
 "I think the board is fortunate also in the appointment of w. P. G. Harding of Birmingham for the southern district. have Knowledge also of his qualfica- tons. and think of all the appointments these two are the most apt" (Mr. Davi- sons remarks as to these two was in reference to Paul Warburg and MT. Harding)
 In connection with his acceptance of the offer of 8 place on the reserve board Mir Harding said yesterday that there were no new developments. He continues to receive letters of congratuation and taJ ma al q daily pf local callers congratulating him upon the ap- pointment.
 and adult council members are to be admitted and delegates must register and receive their badges in the morn ing In order to prevent any misunder-. standing
 Queen of May
 Chief on the programme and around which the interest centers is the crown ing of the Queen of May. Miss Zoe Black is to be crowned ands ,l be attended by IA maids. The costumes for the occasion are said to be simple but beautiful. Each of the maids will carry huge arm bouquet and will be dressed In ..hite The queen will be crowned and the council presented to her by Miss Isabel Ford who Is mist
 
 grand march in which all participate and then a delicious banquet will be served. There has been reservations for 400 plates at the banquet and Mrs. Charles Plosser. chairman of the com mittee, says it will be an event"
 Following the banquet old familiar songs will be sung and the report of the conference secretary read. Miss Zoe Black will address the conference on "Working Together" and Miss Louise Nall will talk on Others" Harvie Branscomb, president of the Older Boys council. will deliver greetings from his organization to the girls and Miss Kennedy closes the programme with an address on 'Lengthening the Cords" The day closes with an auto mobile ride round Highland avenue thence home.
 Sunday Afternoon
 The Sunday afternoon sessions be- gin at o'clock at the Fifth Avenue Presbyterian church. Mrs. Charles ing this the names of the new coun- ell members will be read Mrs. J. M. Broadly leads the devotional servicea Miss Mary Rumage Is the soloist. Mrs. J. E. Taylor, who formerly was Mrs. M. s. Cecil, secretary of the Young Women's Christian association. closes the conference with an address on Service"
 Sunday afternoon simultaneously with the closing session of the con ference there will be B mass meeting for women interest in girls. at the Handley Memorial church. Miss Onie Mae Ferguson will preside. Mrs. B. iP Beard leads the devotional Band ed Together for Service" Is the sub | ject taken by Miss Lena Paisley. who Is chairman of the publicity committee of the conference and has been untiring In her efforts to make 1t success. Mrs. s. P. Moore will close the mass meeting with an address on "Our Re- responsibilities to the Girls.