The herald and news. [volume] (Newberry S.C.) 1903-1937, 1914-07-03

cal oac,trr- confronting t.e
fyer~ or larger banks but a-, IN the 1s~.
o our smaller banks. The re,r solution d these questions
and the r9; application OF their soiu business Just
important in c districts elsewhere, and noe than
this, the lack OF this application i'll these districts may be- and
frequently IS destructive OF good results from the policy itself,
even in the financial ceners The relationship between banks
everywhere close make best results possible where
there lack OF understanding or division upon general
financial principle pocy One OF the very npoan things,
therefore, to which 9r3p should devote itself informing its
members upon the big banking and financial questions OF the
day. It probably known al OF YOU. that many OF
tie officers in smaller banks know little if anything about
such subjects the Income Tax Law the currency
system And do say this III critical spirit, because it
is natural that they should They do into
with other bankers and they have with whom discuss
these things. They are busy about the routine OF their
daily work and are frequently looked by the community
do most OF its calculating and draw many OF It's legal dQcl
ents hence the have little time and practically no encourage
ment read The result is that they do realize the mpor
OF these and pay tt attention them The
groups should this defect and by practical and plain
presentations OF such matters the meetings by who
knows and subsequent QUESTIONABLE, in which all should be
encouraged participate every banker would gain nei
gent idea Of them and would grow usefulness his State
well into higher type of banker, with bigger idea Of
his business and consequently increased pride and satisfaction
in his profession.
Not only this true in regard to the big questions which
confront all times questions OF general principles Of
finance but equally of those many opportunities for
usefulness along educational and practical lines, which arise
the intimate relationship between the banker and his clients.
Conspicuous among these the effort being made by
leading bankers throughout the country improve agrcl
tra methods both by disseminating information and by Of
fering incentives the of the improved methods In this
the bankers may be entirely une because they know
that whatever benefits the farmer will also benefit them, but
neither they entirely selfish They honestly endeavor
ing the Influence they have for the up and the relief
of the people with whom they into daily and in
whom they take great interest All of these practical things
which the daily life of the clients of all banks both
small and large be- and should be- brought the
of the members of these groups that through them every
ton Of State may get the benefit of the best that being
done by the bankers Of other State and territories AS many
of YOU probably aware much of this kind of practical work.
apparently foreign the duty of banker yet upon reflection
of infinite value him and his community already being
undertaken in our State One bank of which know has
centraed the of improving the quality and increas
ing the number of hogs raised county, with wonderful
results Another by udcos of prizes has greatly stn
lated production of corn and on all OF which the
low plane of advertising entirely legitimate and of great
value the banker than many other forms Of adversng
One other thing OF every day practical vaue bankers
which the group meetings might protbly devote themselves
suggests itself my mind 1t has been observation that
many customers of banks suspicious and ready upon slight
provocaon, change their bank account, withdraw
their money altogether If they have previously done business
with bank and their present bank devates in small way
from that which they have been accstomed they become
dissatisfied If the community which they live has slightly
different respect to the matter of exchange of
statements of almost any trivial thing they disposed
stop doing business and they have stopped is very hard
at
times this becomes really matter Now it generally
the that practically the conditions surround the banks
of limited area, such included in the various groups of
this State and their attitude towards their customers and the
conditions under which they do business Identical In fact
in forming the groups this consideration prominently in
mind and there is little why all of the banks group
should adopt the policy all these nonesential
things their relations with their clients By doing this
suspicion the part of the would be removed and
in large measure the jealousy and the hard feeling which
suits so frequently from loss of another bank
without real for the change would be made thing of
the past The group meetings, by free discussion of such mat
ters and by concerted action and poc resulting from such