Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-09
REGIONAL BANK
RALLY HERE ON
JANUARY IS
700 Financiers' From Over State
Will Meet to Boost Atlanta
as Reserve Center.


adopted the following resolution:
Whereas, the Federal reserve
act makes it necessary to have
regional banks in their respect
i've districts, and
Atlanta Logical Center.
Whereas we are of the opin-
ion that Atlanta is the logical To-
cation for one of those banks,
therefore be it
Resolved, That we do hereby
earnestly advocate and desire for
the benefit of very large and
prosperous section of our coun-
try that the reserve bank organi-
cation committee select Atlanta
as the location of one of the re-
serve banks.
Resolved further, That this
resolution be forwarded to the
committee by wire and copy be
sent to the Atlanta Clearing
House Association"
Here are the two messages from
Gainesville:
Gainesville Clearing House AS
sociation, composed of six banks,
heartily indorses Atlanta as site
for regional reserve bank. Formal
resolutions following by mail.
The Gainesville Chamber of
Commerce most heartily Endorses
the efforts of Atlanta to obtain
one of the regional banks recently
authorized by Congress. We be-
lieve that there is no city in the
country better situated geograph-
ically to serve in this capacity
and certainly none in the South
that has the location, equipment
or facilities to serve the South
eastern States that Atlanta has.
The Gainesville Chamber of Com
merce will be pleased to be called
upon for any assistance it may be
able to give.
A. G. Wilson, secretary of the Ii
thonia Board of Trade, addressed al
official letter to J. K. Orr, chairman O
the joint committee. He stated tina
he could not believe the award o
the Southern regional bank could b
made in any such "shortsighted man
ner" as to place it anywhere els
than in Atlanta. He proffered on be
half of Lithonia and it's Board o
Trade, all possible aid and backin,
in the work of the big prize.
Kirkwood, through its chamber o
commerce. Endorsed heartily tn
claims of Atlanta for the regiona
bank, and promised the joint com
mittee all possible help in its cam
paign.
The telegram from Augusta was ad
dressed to Robert F. Maddox, of tn
joint committee, and was received
shortly after noon, being welcomed
by the entire committee as one o
the big boosts" of the campaign
1t read, over the signature of Ruff
H. Brown, manager of the August;
Clearing House Association:
Augustus Move Cheering.
Il am authorized to cast the vot
of the Augusta Clearing House AS
sociation in favor. of Atlanta for tn
regional bank to be located in thi
district"
That's a good, stout blow for thu
cause" Mr.. Maddox said as he reat
the message. 81 believe it expresses
the sentiment of the whole State
and one that the other cities will no
be long in expressing"
Mr.. Maddox also received by mai
Friday the formal resolution by which
the Albany Clearing House Associ
alton Endorsed Atlanta for the re
gional bank prize, and pledged 1t
aid toward that end.
1t is granted among Georgia bank
ers and business men generally tina
Georgia's sole chance of getting on
of the big banks is to get it for AT
lanta. 1t is we'll known that no othei
Georgia city has a chance, and thu
plan now is to put up a solid front
with all the bankers and bushes:
men in the whole State standing to-
gether on the claim that the regiona
bank for the South should be estab
lished in Atlanta
The big meeting of the bankers wa!
decided on at meeting of the Clear
ing House Association Thursday, anC
invitations are to be mailed out Fri
day to all the banks in the State.
Encouraging messages were re-
ceived from Senator Smith and Con
tor Smith said:
Sentiment in Capital Favorable.
Sentiment here Gin Washington
generally recognizes Atlanta as the
city in the Southeast in which there
will be located a regional reserve
bank. I congratulate you upon actor
of Macon and Columbus clearing
houses"
Congressman Howard expressed
himself in a letter received Thursday
by J. K. Orr, chairman of the joint
committee of the Chamber of Com
merce and the Atlanta Clearing House
Association. He said:
Am just in receipt of your letter
relative to the establishment of re-