The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1914-04-15


tabIished ia the Firth district would
whether they prefer Baltimore or
Richmond or Washington as. the re-
gional bank city.
The poll shows that 95 81 Ike SO
Maryland banks voted for Baltimore,
that one Maryland bank voted for
Pittsbufg, one for washing tonand one
for New York. Besides getting the
vote OF SO Maryland banks, Baltimore
obtained the vote of 81 West Virginia
banks, IL Virginia banks and one
South Carolina bank.
All of the ~ banks of the District
Of Columbia voted for Washington.
The first choice of West Virginia
was Pittsburg. Thirty-four West Viz
ginia banks voted for Pittsburg, al
though, under the action of the organ
ization committee. they Will now have
to do business with Richmond, so far
as the new banking system Is con-
cernend, and will have no connection
whatever with Pittsburg, which was
the city Of their preference. Twenty
six OF the West Virginia banks voted
in favor of Cincinnati, while II West
Virginia banks voted for Baltimore
and only 16 voted for Richmond. In
other words, only is out of total of
81 West Virginia banks were in favor
of the selection of Richmond.
Much has been said about Richmond
being the choice of South Carolina, but
Richmond failed to receive a majority
Of the votes of the South Carolina ma
tlonal banks. There are ~ national
banks in South Carolina that voted.
Twenty-eight OF them voted, not for
Richmond, but IN favor of the selec-
ton OF. Columbia, which is the capital
OF the state; II voted for Richmond.
one for. Baltimore. and one for WASH
ington, and one for Charlotte, N s.
Richmond was the choice OF the
North Carolina banks. The North
Carolina banks voting numbered 81,
OF which A favored Richmond, two
favored washington and IS favored
Charlotte.
Richmond naturally obtained most
Of the votes of the Virginia banks.
There were 11S banks voting from
Virginia, OF which Richmond received
the vote of 90, while Baltimore OBJ
tanned IL, Washington 8, Cincinnati
and New York /.
Richmond was mainly the choice OF
the Virginia and North Carolina banks,
Baltimore was mainly the choice of
the Maryland and West Virginia
banks, while the majority of the South
Carolina banks wanted Columbia.
Another interesting disclosure is
the fact that while Mr.. Glass and mem
bers of the organization committee
endeavor to make much capital out OF
the fact that Richmond polled the
highest number of votes in the dis
trict, 1877 out Of a total of All, or ~
less than a majority of the voting
banks, nothing whatever is said by
them with respect to the fact that the
same principle was not applied in the
selection Of Cleveland as the regional
reserve bank for the Fourth district
Cleveland not only failed to receive
a majority of the votes of the Fourth
district, but ran miserable third as
compared with Pittsburg and C1ncin-
natl.
There were 6S5 votes cast by as
many banks in the Fourth district, OF
which 294 were cast for Pittsburg, 1874
were cast for Cincinnati and only llO
we're cast for Cleveland. Compare
lively speaking, Baltimore ran second
in its district and was not chosen,
while Cleveland ran third in its dis
trict and was chosen. Baltimore got
1928 votes in it's district, while Cleve- !
land got only ITO votes in its district.
AS a matter of fact, Cleveland re-
ceived neither majority nor the. highS
est votes of the banks in its own state
of Ohio. There were 343 banks voting
in Ohio. The largest number or votes
cast by the Ohio banks cast for any
city was $50 for Cincinnati. On the
other hand, only 107. Ohio banks voted
for Cleveland. CleveIand's ITO votes
consisted of 1O7 from Ohio. 8 from
Pennsylvania and none either from
West Virginia or Kentucky. Cleveland |
is the home of Mayor Baker,
who kept the Ohio delegation at the
baltimore convention in line for Mr..
Wilson.