The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-11
TWO WEEKS WORK
HAS BIC RESULTS
RICHMOND GAINING. GROUND
RAPIDLY IN FIGHT FOR
RESERVE BANK.
CAROLlNAS IN LINE
CITY AFTER CITY TO SOUTH EN-
DORSE RfCHM0ND-MASS OF
STATISTICS COMPLIED AND
SENT 0UT.

IT Is less than two weeks ago since
a COMMITTEES, composed of bankers,
mem bers of the Business Mems club.
the chamber of commerce the r. r.
A. the Retail Merchants association.
the United Commercial Travellers. the
Richmond Real Estate exchange and
city officials uUCffg1 thar Rtcnmund
wanted one of the new federal re-
serve banks which are to be estab-
lished in eight or twelve OF the most
important commercial cities of the
country under The new currency sys-
tenn.
But in that time campaign was
mapped out and pn. into execution that
would do credit 10 Napoleon and has
turned tho eyes of the rest OF tho
country to Richmond. and the fight she
Is making in her efforts to be desig-s
mated as tho location of one of these
desirable concessions.
Respond to Call.
The pick and flower of Richmond's
hrainiest business men resp nded to her
call, and quickly had headquarters e.
tablished al TIE business Mems club
with stenographers and other Office
help in constant attendance.
These have been husily- engaged get
ting hundreds OF letters undar way
to bankers and other prominent busf-
ness men OF Virginia, and North and
South Carolina, enlisting their aid and
cooperation Meetings have been held
almost daily, and neither time, effort.
or money has been spared by the COM
mittee who have been in charge OF the
active work.
Twenty thousand dollars was the sum
decided as necessary to carry out the
plans which had been SO carefully arr
ranged. and, although this amount has
not yet been raised. the merchants and
business men OF the city have responded
royalty and the money Is soon expected
TO be in the hands Of the finance com-
nittee who are doing such active and
able work. under the direction Of It's
chairman. Clarence Coleman.
Big Men Rack 1t.
Such men az Hon. Andrew Jackson
Montague Mayor Ainslie. DR. s.. C.
Mitchell. Governor Elect stuart soon
became Interested and have also been
active and untiring in their efforts to
do everything possible TO aid Richmond
in this fight which is looked upon as
the biggest problem that has con-
fronted Richmond since the War Be-
tween the States.
1t looked as though Richmond would
have serious trouble. inasmuch as North
and South Carolina entered the race
States Raleigh and Columbia, were de-A
sirous of procuring a reserve bank.
No obstacle, however. was too large
for the Richmond committee to tackle
and they not Only refused TO recognise
the fact that North and South Caro-
lima had chance, but said that they
would show the business men of those
States that this was true, and also how
II would pc to their ultimate advan-
tage to Cooperate with Richmond and
do all In their power TO aid her n
her fight.
With this in view, field or booster
committee was summariiy formed ard
thrown into enemies territory. Ar
rangements for meetings with bankers
and the heads of commercial bodies Of
those States were made In advance and
from the reports that have come here
from all of the cities thus far visited
the success that they have met with all