The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-05-19

degree OF co operation that tho Ped
craf reserve banks will be accorded
by tho member banks.
Nice President Thomas B. McAdams
of the Merchants National Bank Rich
mond, moved the appointment of a
committee of eighteen, three from each
political subdivision, to draw up a pro-
gram for the convention. The motion
was carried. and each state delegation
elected three members. The eighteen
members thus chosen became in effect a
steering committee, clothed with wide
powers. In this character it was
called upon later I'm the afternoon to
max. up and report the final list of
nominees for the directorate.
STEERING COMMITTEE
or EIGHTEEN Is NAMED
'rhc committee Of eighteen was con-
stitutcd as follows:
Mary William nClc, vice
president Merchants Mechanics Ma
.ienal Bank, Baltimore: Albert II. Ora
ism, vice president Citizens National
Bank. Baltimore, ana Howard Harding,
cashier Patapsco National Bank, Eli
colt Gay
south Carolina-J. w simpson, vice
president Central National Bank. Spar
,auburg: w. y. Clark. president Caro-
liua National lSank, Columbia, and r.
=. Rheu, president Peoples National
Bank. Charleston.
North Carolina-J Elwood Cox.
president Commercial National Bank.
lIrh Point Joseph q. Brown. presi-
dent Citizens National Bank, Raleigh
and II. NJ. Victor. president Union Ma
lional Bank. Charlotte.
Nirgiuiu-oliNcr j. sands. president
AMERICAN National Bank. R!chmond;
Thomas T.. McAdams. vice-prcsidcnt
and cashier Merchants National Bank,
Hichmond. ana L B. Spencer, cashier
National Exchange Bank. Roanoke.
West Vir4inia-W y. MacCorkle.
president Merchants National Bank.
Point Pleasant: James *. ou"y. vice
president Huntington National Bank.
Huntington. and j.. y Hooper,
,ashio, First National Bank, Blue
fold.
pistric; OF Columbia-I. II. Mckee,
Vice president capital National Bank.
Washington, w. Z. Gallihor president
American National Bank, Washington,
and George w. White, president Met
iupolitan National Bank, Washington.
BESIDES the program or steering
committee. the convention appointed
- committee OF six membcrs-onc from
each political subdivisiou-to pass
upon the credentials OF delegates. The
credentials committee was constituted
as follows:
Observation-Disclosures C. Homer, Jr..
.uc-president. Second National Bank,
lIutiinor&
south caroiina-E. II. prnglc, vice
pvtsidcnt National Bank NJ Charles
ton" Charleston.
North Carolina---Joseph l.. Ramsey.
prrsidcn, First National Bank of Rocky
Mount, Rocky Mount
tirSinia-CaldWcn Hardy, president
Norfolk National Bank. Norfolk.
Nest Virginia.. y. Carncs. cashier
citizens National Bank, Charleston.
district Of Coiumbia-M. f. Ailes'
liig.cs Nationa! Bank, Washington.
CREDENTIALS COMMITTEE
MAKES IT'S ItE.pOitJ
Chairman Hardy. of the credentials
committees, reported that 2oi officially
accredited Delegates were registered,
rChu representation from the several
states were: Virginia. sovcnty-ninc:
North Carolina. thirty-reht: West
Virginia, thirty; South Carolina. TWEEN
ty-hvc; Maryland. eighteen, and the
District OF Columbia, fourteen. Each
state delegation passed upon the Gre
uontials OF its own delegates.
The convention took recess at 2:30
o'clock and rcasscmbIcd again al 3
O'clock 20 receive The report OF the
program committee OF eighteen, which
went into session as soon as the CON
fet luncheon was served in the Palm
kuom at 1880 O'clock.
with the report OF the program com
mite" began a running debate which
became warmer ana warmer in tone as
the afternoon progressed. The COM
mi,tcc's report was divided into ,wo
sections. The first recommended that
each political subdivision OF the Fifth
deserve District elect one director.
1t was thu second half of the COM
mlttce'S report that plunged the con
Nenton into heated debate. This
section recommended that each state.
through its accredited delegation al the
convention, nominate a Glass y and Il
Glass Il director Tor each OF the three
groups. The plan permitted each state
n in ,t.4 81 LOT
ing of sin men, however. was not obli
Eatory since each state could nominate
the same class director In the three
groups, thus returning only two names
ono FOR Class y and one for Class l.
WHAT WAS PROVIDED IN
RI;I'ORr OF IUMMIrrEt.
Upon the nling 81 these nominations
win the program committee the re-
port provided. the committee was To re-
tire and by a process OF elimination
pare The nominees until only. six men
reina ncd-one from each political sab
division. The committee was TO- dc
ternine which States should have Class
\ ana which Glass u directors, and re
port 10 the convention Tor it's coniir-
Ination The slate of six thus established
and assigned.
While It was unanimously agreed
that the plan OF giving each political
subdivision one director was sound. the
system Of nominating was AZ once at
tackled. W. j. kchoe. OF Washington
declared that the whole plan of noni-
mating directors In an informal confer
ence advisory though the nominations
DC. was unprecedented. ana that the
delegates present were not clothed with
the authority 20 exercise the sclectivc
function. which the banks alone. under
tho res erNc .ct. arc TO perform
=. l.. Mills. OF Grccnyillc :. G..
Thought that most of the. delegates
""rc not in a position to vote intel
LEently upon the direciorship question
and that no action In this direction
thcnld be taken until the bank dircC.
tors ~ home We're consulted. Obicc-
lions In the same vein were offered by
l; r Barton, Of Winchester, Va. who
Thought that while the delegates from
each state might safely suggest sis
nominees. the convention should 40 uc
;urth,r at TINS time. He advised tina,
tho banks themselves be left 20 select
tht one man they wanted from the
:etd OF SIX