The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-11
Several South Carolina Bankers
Unite to Get States Capital
to Withdraw in This City s
Favor.
Hundreds Write to Local Bank
ers Pledging Their Support
to Richmond. Committee
to Invade Palmetto State
This Week.

Hundreds OF letters endorsing Rich
mond as the ideal and logical loca-
ton for one of the new federal re-
serve banks are coming in to commit
tee headquarters at the Business
Mems club from bankers and other
business men of North and South
Carolina and Virginia
Word was also received there yes
terday that eight or ten of the most
prominent bankers of South Carolina
have united in their efforts to have
Columbia withdraw from the field,
and to have her forces concentrated
in Richmonds behalf.
II this is done Richmond will have
the unanimous support OF Virginia,
South Carolina and North Carolina:
the latter State having come around
to her side during the past week.
From Senator Swanson
The following is a letter received
yesterday by Oliver J. Sands from
Senator Swanson, who not only prom
Uses his assistance, but that of Sen
ator Overman. OF North Carolina. as
we'll.
w aahiNKIOu, II. -, dtl - isAf
My Dear Mr.. Sands:
had a talk with Senator Over
man today, and he will cooperate
with us In having a federal reserve
bank located at Richmond. He Is
very much interested, and will do
everything he can In this direction.
AS soon as the senator's return from
North Carolina. South Carolina. West
Virginia and Kentucky. will take
the matter up with them. It is very
important that bankers IN these States
should be urged and impressed with
the advantages OF having the bank al
Richmond
We must get this territory inter
ested. There Is nothing am more
interested In than the location OF this
hank at Richmond.
With kind regards and best wishes.
I am,
Tour friend,
CLAUDE SWANSON
The executive committee Of the
Richmond chapter OF the alumni OF
the University OF Virginia yesterday
sent resolutions. endorsing Richmond
to the headquarters Of the bank com
mittee In the Business Mems club
Alumni Resolutions.
The following are extracts from
the resolutions: The executive com
mittee OF the Richmond chapter OF
the alumni of the University of Vir-
glnia, unanimously endorse the move
ment, and pledge their best efforts ia
secure the establishment of one of the
federal reserve banks in this city.
Her fitness as such a financial CEN
ter for the South Atlantic States Is
demonstrated by the fact that when II
was necessary to select legal center
for such States, the choice naturally
fell upon Richmond. II would seem
that the course pursued by the United
States government In the establish
ment OF these United States Circuit
Courts Of Appeal. furnishes a proper
suggestion for the establishment OF
these reserve banks
Re 1t resolved. That we respect
fully request every member Of this
chapter to constitute himself a COM
mittee OF one to write to his fellow
alumni throughout the country urging
the importance of this matter to the
capital OF the Old Dominion. and "a
the State which has nurtured him
educationally and honorahly.
. Resolved further. That copies of
these resolutions be forwarded to the
president OF the United States; to
each member Of the organization com
mittee. and to every alumnus who is
a member. either OF the United States
senate or the house OF representa-
tives, ~
The following telegram was re-