Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-11-11

!, B, Herndon Of State Ma
tionaI Bank Made President
and Roswell Chosen as Place
Of Meeting Next Year,


After what Is generally conceded to
have been the most successful meet
Ing ever held By its membership, the
New Mexico Rankers' association yes
lorday afternoon adjourned and the
lout-of-town members Of the assocla-
ton began leaving for their homes in
different parts OF the state. Among
the last business transacted by the
convention was the election OF ]. Il.
Ilerndon. president OF the State Ma
tional bank Of this city. as president
OF the association. and the selection Of
Roswell as the convention city in
1915.
The convention this year brought
out the largest attendance that the
association has ever had at any Of It's
meetings. and 1t was generally admit
+ ted that the interest and enthusiasm
shown also exceeded that at any pre-
vlous state gathering The program
arranged was an admirable one and
the papers read were In the highest
degree instructive and entertaining.
Wells Makes Notable Address.
The paper read By George T. Wells.
OF Denver. chief clerk and outside
man Of the Denver National bank and
secretary Of the agricultural commit
tee of the Colorado State Bankers as
ISOLATION, was the feature of ycster-
days session and was In every way a
notable address
THE Banker and the Farmer" was
the subject Of Mr. Wells paper, which
was In the strctest sense Of the word
the utterance of an expert. For
number Of years Mr.. Wells has made
special study Of the relations be-
tween the agricultural and the finan-
cial interests Of the country and has
devoted an immense amount of labor
TO bringing about closer co-Opera-
ton between those interests especially
In the west. His work with the Colo
RADIO Bankers association has been
directed mainly along this line. and
his remarks yesterday were especially
instructive as showing the good re-
suits that can be accomplished by a
better understanding between the
banker and the farmer.
The farmer could live thousand
years without the city, declared Mr..
Wells, and continue indefinitely
without any connection with it: but
no city can exist or prosper without
the farm" The chief trouble with
The farmer said the speaker, Is that
he has not been farming. but has been I
mining" the soil-leaving Il unpro-
duetive for many of the necessities of |
farm life. He discussed various phas.
es Of the farm problem. and gave il as
his opinion that the chief reason why I
SO many farmers fail is that they do /
not appreciate The value of the crops I
that they raise.
Where the Banker Comes In.
In this respect, said Mr. Wells, tho
banker can be, and under proper con-
ditions is, Of the greatest assistance
to the farmer. No farmer, he de-
clared. need lack for credit at the
bank so long as he pursues intelligent 4
farming methods. and il is the func-
ton OF the progressive banker to gath
er and colate information which will 1
be of value to the farmer in enabling
him TO follow the course that will 4
his bank credit
Every banker is interested in Il
farming" said Mr. Wells. "the eoun-
try banker because of his Immediate
connection and location. the city Il
banker because Of his relations with II
the country banker, and because he
is expected to and does extend chedit H
to the country banker at certain sea- d
SONS of the year, and because each
and every banker necessarily feels the
Influence of successful and unsuccess-
ful farming conditions. The banker.
the farmer and show him that he
takes interest not only from him but
in him. The necessity of adopting |
better business methods should be
impressed upon the farmer by the
banker, and the farmer should be
given to understand that 1t Is to his
own interest to conduct his business
On scientific basis
Mr. Wells was given the closest at
tention throughout his address, and it
was evident that he had made a de-
,ided impression upon his hearers. .
The following officers were elected :
afternoon.
President, j. B. Herndon. Albu
luerque.
Vice President, John Corbett. Dem
ng.
Secretary, J c. Christensen, Ration. / |
Treasurer, jackson Agee, Silver
lily
The next meeting is to be held at
Roswell,