The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-14
Appolntmcna Give. Satisfaction.

lSpcCial 10 lie e'ltlncS-DiSpatcn.l
Washington. January 13.-Nothine
could probably be more pleasing to
Southern bankers and financIers, ac-
cording to information given The
Times Dispatch correspondent at the
Capitol to-day, than the appointment OF
Mr. Williams. Born and bred South
orner, of broad mind and a big compre-
hensive grasp Of financial affairs, his
appointment cannot otherwise be view
ed than as n tremendous thing for the
administration. In spite of whatever op-
position may exist.
Aside from what the Virginia Con-
gressmen said to-day. and the appoint
ment is very satisfactory to them, there
was general approval of the Presi-
dents action around the Capitol and in
WashinSton's business centres with
the exceptions OF certain small cliuues
opposed to him.
In addition tO this, il is believed that
MIR. Williamss appointment will be a
tremendous influence toward securing q
regional bank for Richmond
When Senator Swanson was seen to-
night regarding the opposition to Mr.
Williams he said:
Yes. there is opposition TO him. but
YOU may quote me as saying that [
have not yet found single member OF
the Senate who will vote against him.
The election has already been referred
to the Committee on Banking and Cur
rency. and will, am sure, be favorably
reported Immediately. Early action
will be taken, because the President
desires TO complete the makeup of the
Federal Reserve Board as soon as pos
sible. and nothing can be had by delay.
Mr.. Williams Is the very man for
Comptroller OF the Currency. His nat
ural ability and fitness make him we'll
qualified for the position to which no
has been named, and, unless j am much
.t-S. I'LL l..p, l.
cd by the Senate very soon. feel sure
that if there were any Senators who
were going to vote against him. would
have heard of them. and so far. as L
have stated, 1 have not heard of a
single one.
"I think 1t is best not to discuss the
opposition at this point, but to content
ourselves with having the nomination
confirmed"
No statement could be had from Sena-
tor Martin, but 1t is learned that his
views are similar to those Just eX-
pressed by Senator Swanson. and that
with the latter he will bend every
energy towards having the nomination
confirmed at the earliest possible date.
News Hailed with Approval.
John SHELTON Williams was appointed
charge of fiscal bureaus on March Is
1913. and has served in that office ten
months to II day. The choice was hailed
with approval by the leading bankers
and financial journals OF the country.
to whom the Richmond man was known
as successful builder of railroads and
OF big properties. His pro-
motion to the important office OF Comp
troller is properly regarded as an indi-
cation that he has more than measured
up to the administrations estimates.
The news OF his appointment ms
Comptroller was received with deep
in Richmond. John L. Will
lams, head of the banking house. and
father of tho new Comptroller Of tho
Currency, said that his sons new hon-
ors brought him much joy. He ex-
pressed the hope that the new Comp
trust that the country has given him
and bring new honor to his chosen pro-
fession
Member OF Reserve board.
To Richmond bankers the appoint
ment was paytisuiariy welcome. As
liams will be the third member of
the national organization committee
charged under the new currency act
with the duty OF apportioning the sev-N
cral reserve bank districts and desiG-
mating the &c, cities In n, which the banks
Of the committee are secretary of the
Treasury McAdob and Secretarysof
Agriculture Houston,
The new Comptroller. OF the Currency
is a native of Powhatan County, this Z
state, and was born on July s. 1885, fIs I
city and at the University OF virginia
Besides holding active mem borship IN *
the Richmond Chamber or Commerce.
Mr. Williams Is "a member OF the WestesS
Commonwealth and CoHhtrg
Clubs OF this city; OF the MHryland .