The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1914-05-21

missioner; and John r. Mulvane, presi-
dent Of the Bank of Topeka.
The fight for the 1915 convention will
be between Topeka and Kansas City.
favor OF the capital city. Not since 1912
has the association met in Topeka and
it is believed that Topeka has an excel
lent chance to win next year. But four
towns in Kansas Topeka, Wichita.
Kansas City and Hutchinson-are able
to handle the big convention. Last year
the convention was held in Hutchinson.
Wichita wanted the 1914 meeting. To-
peka stepped aside. Now that two sue
cessive conventions have been held in
the western portion Of the state. it is
believed that Topeka Is the logical To-
cation for the 1915 convention and
there is a strong belief that she will
win.
Almost every county in the state is
poets for bumper wheat crop and gen.
orally improved crop conditions over
the showing a year ago, have made the
bankers optimistic and they are gen.
orally more hopeful Of the future than
at any time in several years.
The convention will close Friday night
with banquet for the bankers and
their wives.
G. M. Sawyer's Address.
days session was the address Of
Charles M. Sawyer, state bank commits
sioner, who talked of THE Dawning Of
a Better Day." His speech was filled
with hope for the future and closed
with a plea to the Kansas bankers to
aid in the organization of county as
sociations to aid in the improvement
OF the state.
SAWYER said in part:
1T takes something Of an optimist to
predict better day for the people of a
state who produced in such an I'M
precedntdely dry and unfavorable year
as 1913, crops worth more than
$150.o00.00; manufactured and min
$500. 900. 900: and whose bank de-
posits have increased from fifty mil
lion in 1894. to two hundred millions at
the present time and who have more
than eight million acres Of the finest
body of wheat ever grown, ready for
harvest but I am going to make the
prediction for Kansanss never go back,
wards. stupendous as are the figures
and marvellous the results. yet am
convinced that we have only reached
small part of our possibilities. The,
more scientific cultivation Of the soil;
careful selection of seed: intelligent ro-
tation Of crops to maintain. restore or
I'LL case bull ACItAutyS tA10 improvement
in the quality Of our live stock and the
utilization Of everything in the most
profitable way will add tremendously
to our production and profits.
The banks of Kansas last fall were
confronted with a situation that was
serious enough to try the stoutest
heads. Our most valuable crop was
total failure and feed crops
throughout the state were far below the
IL
monetary stringency and am violating
no confidence in stating that it was no
more acute in 1907 than 1t was last fall.
A few heavy failures would probably
have precipitated serious panic. The
bankers of the state knew that they
would be called upon to finance the
of millions of dollars worth
of feed. The last reports Of condition
show how efficiently they have handled
the situation. They have paid for be-
tween Is and 20 millions worth OF feed,
and at the same time, increased their
reserves without forcing serious sac
rifice upon their customers. This is GER
tainly a magnificent tributes to the
solidity and good management of Kan
sas banks. If we had had the new
banking and currency law in working
order at that time, there would have
been but little apprehension for it is
designed to and will enable bankers to
meet similar situations much more
easily.
During my administration of the
banking department we have been
compelled to take charge of seven
banks Whenever I have addressed
bankers meetings since 1 became COM
missioner. I have preached efficiency
and the elimination OF waste and in
these bank troubles we have
enoeavored to pra Stice what we preach
Ia "a g.
what you preae~-it was not easy in
tnese cases-but we attacked the prob
lens with all the energy, vigor and re-
sources at our command and 1 am
pleased to be able to report to you that
the depositors have been paid or his de-
post amply protected without the loss
OF single dollar and this has been
done at an average cost of administra-
tlon OF 1856 for each bank. In six of
these seven banks troubles the cause
was too free use Of the banks funds by
the officers"
Topekans on Program.
Ex-Governor w. ]. Bailey of Atchi-
son, made his address at the opening
session of the convention this morn
Ing. p. w. Goebel Of Kansas City,
Kan. chairman of the federal legisla-
ers association and Charles M. SAWYER.
OF Topeka. bank commissioner, were
the speakers at the afternoon session.
Hon. w. A. Johnston, justice of the
Kansas supreme court who was to
speak. IL i'll and unable to be present.
Justice Mason filled his place on the
program. A banquet Friday viii close
the convention.
Clay Center Man Chosen.
Cincinnati. May 2A.-Rev. John Parks
OF Philadelphia was today elected mod
orator of the synod Of Reformed Pres-
byterian churches Of America in session
here. Other officers elected were: Clerk,