The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-05-19
SAYS BALTIMORE WILL BE
LOYAL TO DISTRICT
"Ace-Frcsidcnt Ingic, OF Mcrchunts-
Mechnnics' NntionnI, Promises
CO-OpcrntiOn.
MAYOR WELCOMES BANKERS
CORNER Governor Mum. VI. &. Elliott.
Ut. :. 4. Mitchell and George ! Scny
Make attcr-Dinncr Talks.

Dun Care expressed 10 other parts
ana Good lumor Installed in his place,
the dinner OF Tn. Fifth Federal Re-
serve District member banks, at the
Jefferson Hotel last night Was devoid
Oh important Incident and serious dis
cuasion. Tho banquet was enjoyed
bE about 25O bankers from tho i've
states ana the District of Columbia,
forming the district being disposed Of.
l"o OF the speakers on tho program
il'1uc hr!el addresses, and then i've
minute talks were given by various
nahhers and guests. called upon by
IoaStnastcr Purcell
Tho dinner was given By the banks
OF the city OF Kchmond. Congress-
man Carter Glass. who was to nave
Explained tho operations OF the new
currency law, ANA Governor Henry G.
stuart, who was 10 have welcomed the
banker u the State. were unable to
DC present. ieuicnaut-Govcruor Ely
son spoke for Virginia Ia tho Gov
ornor's absence, but no one was ns :
Signed to take Mr.. GLASS; place.
Mayor George Ainslic welcomed the
bankers TO Richmond.
The chief speaker of tho evening
was William lnslc. -prcsideut Of
the Merchants Mechanics National
BANK OF Baltimore. MIR. inglc had no
prepared address. and spoke briefly
AZ the outset he pledged tho loyalty
Of baltimore to the ucw currency sys-
tein and TO the successful organization
ana conduct Of the fifth District. THIS
he said, was demanded of Baltimore
ANA all others for two reasons The
law is "A good one and workable, and
even IL not. has been enacted and
might as well be accepted 1rac!ously
oy all. He predicted that Ia the course
OF t!no the state banks would enter
the system, their delay being due TO
lack OF familiarity with its promise
and value.
HOPES RAILROADS WILL
he GIVEN PROMPT RELIEF
In the course OF his speech. Mir Insi.
brought hearty applause By express
ing the hope and belief shat shortly
The Interstate Commerce Commission
would acccdc to the request OF the
railroads OF the country FOR RELIEF
from present conditions. q nope echoed
by William II. White. prosldcn; Of the
Richmond, Fredericksburg ana poto-
mae Railroad, who spoke later
EA Governor Mann. Mayor George
Ainsl!c, NJ. G. Elliott. sccrctary to Tho
Federal reserve organization commit
tee; Dr. {. c. Mitchell ana George J.
seay were other - cakcrs OF tho even
ing responding 10 calls from Toast
master Purcell.
The banquet vas held IN The audi.
toriun or the jefferson Hotel ana was
attended by tho representatives OF tho
member banks ana invited guests At
the speakers table were Coluno! John
j.. Purcell toastinaater; Ix-t;ovcrnor
Mann. NJ g. !i!liptl. secretary l., the
FEDERAL reserve organization commit
tee; Mayor George Aiuslie. William
insle. OF Baltimore; J. Taylor Ellyson.
Or. :. .. Mitchell and others.
Tho following letter explains the alb
scnce OF Congressman MONTAGUE:
Richmond Va. May l., 1914
Ny Dear Mr. Miller:
aEl unexpectedly anu lmpcrat.vely
compelled TO return to washington to.
i'*ht IN order TO be present Tomorrow
ht moon, whom cons liberation viii bt. had
on the bin establishing an Interstate
Trade Commission. | learned SATURDAY.
that this bill VIII be considered under 4,
special rule. and viii bc tho continuous
order OF business until disposed Of
When accepted your Invitation ! did
not anticipate consideration OF this
measure before The Iniddl" OF the end
oil this week,
Was a member OF the subcommittee
OF three Democrats and two Rcpubli-
cans wno drafted this bin ana my col
leagues on the committee Tirhtfully de
sire ny presence and assistance ia the
House So in view II this very urgent
duty must with keen reluctance and
disappointment deny myself the pleas
ure OF being present tomorrow evening,
q, the dinner given 10 the bankers OF
the Fifth District.
VIII YOU isindly cEplniu that Moth
ing less titan "a duty so inpcr,iiyc
would Keep me from Richmond on IAN
occasion 80 interesting ana significant.
Very sincerely.
tSigned y. J. MONTAGUE.
John NJ Miller. Chairman Committee.
q - 20