El Paso herald. (El Paso, Tex.) 1901-1931, 1914-02-06
Representatives OF Many
Towns to Attend Regional
Bank Conference.

~ ANKERS from Arizona and New
X Mexico are arriving for the re-
~ eional reserve bank hearing.
which is to be held here Saturday ev-
enfnr. More representatives of the
southwestern banking and business in
stffutions are expected to arrive here
saturday morning
Secretaries William McAdOO and
David Houston viii arrive on the pri-
vate car -Mayflower' Saturday after
noon at APO and viii be given three
hours of western entertainment before
the formal hearing starts in the feder-
m building All Of the tickets for the
dinner to be given at the Hotel PasJ
del NOTte Saturday evening in their
honor have been sold, as the seating
capacity Of tile banquet hall is linn
tied, no more tickets can be arranged
for and no one will be admitted. This
dinner will start sharply OF six o'clock
in order to be finished by eight, when
the formal hearing viii be held in the
federal building No speeches viii be
made at the dinner except ten minute
talks by the two secretaries.
Talks Limited to Five Minutes.
The talks before the organization
committee at the federal building viii
be limited TO five minutes. These talks
will be typewriter and will be limited
to plain, businesslike statements OIL
facts regarding FL PaSO and the south
west and their needs in the banking
system. For Ell Paso Z. s. Stewart.
president Of the clearing house: J. q.
1ICNary, secretary. and T. NJ WlnSO'
a member of the clearing house COM
mittee, viii present the arguments Tor
the location of a branch of the re-
giOnal reserve bank here. They VIII
present the matter from the bankers
angle. Robert Krakauer, president or
the chamber of commerce., will speak
for the iobbers and business men. n.
D. Slater viii present the manufactur-
ing aspect of the southwestern sltua-
tiOn. c. NJ Newman viii speak on
cattle and lands; J. J. Ormsbee on
mines and mining and V. r. Stiles on
railroad and mail facilities in FL Paso.
At the meeting of the joint clearing
house and chamber of commerce COM
mittee which was held Thursday night
papers and notes were compared and
The subjects to be presented were dis
cussed in order TO prevent the dupica-
tiOn of facts.
At Denver the man who spoke on
mines and mining started to read a
long array Of statistics to the commit
tee. when secretary AlcAdoo asked him
to file this paper III the record for fu-
ture consideration. The secretaries are
limited in their time and hear only the
most important facts stated at these
hearings Admission to this hearing
will be by ticket and the clearing house
is issuing these tickets to the local and
visiting bankers
Plans For deception Completed.
All arrangements for the reception
and entertainment of the secretaries
were completed at the Joint meeting
Thursday night at which collector
u I. Cobb presided as chairman of the
Joint committee. The secretaries and
their party viii be met at the union
station by the reception committee and !
viii go direct to Fort Bliss where an Z
inspection of the fort. the prison camp /
and the construction work on new Fort I
Bliss viii be made. An informal re .
seption viii be given at the quarters of (
Sen. Hugh L. Scott before the party re- .
.urns to the city
Dinner to Visiting Young Women.
Misses AfcAdOO and Robinson. the two
-Oung women in the party. will be en-
ertained at the Country club with an
dinner, while the bankers din
ler is in progress at the hotel Mrs.
ames Graham McNary viii be the (
hostess at this dinner and invitations /
have been issued for 40 FL Paso society /
women, including the receDtion COM !
nittee which has been selected to meet q,
he two Washington young women.
SOuthvvestprn Towns Represented.
. James $. Douglas, president of the
Bank Of Douglas, arrived Friday morn
ne to represent Douglas at the hear
ng before the committee. ". H Bro