Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-17

L
Federal reserve banks
]. NJ. Conner, cashier of the Bank of
Spread, says:
Spread Adds Support.
1--WE wish to add our Endorsement
of the movement to make Atlanta the
location of a Federal reserve bank.
We are heartily in favor of Atlanta
and will do everything in our power
to secure a regional bank for your
city. Kindly call on us at any time, if
we can be of any possible assistance"
The Bank of Williamson adopted
the customary form of resolutions,
indorsing Atlanta.
The lineup in favor of "a regional
bank in Atlanta now includes 40 cities
in all parts OF Georgia and several in
Florida, and 1<5 individual banks and
business organizations.
Indications Friday were that more
than 500 Georgia bankers would at
tend the dinner Monday at the Cap
ltal City Club, when the Atlanta
Clearing House Association will act
as host to the Georgia bankers.
Senator Smith to Speak.
The assembly will hear not only At
lanta's side of the contest for one of
the big banks; the Georgia bankers
already are in favor of that, and the
big meeting will me- yly serve to crys-
tallize the sentiment. But Senator
Hoke Smith is to speak, and his ad-
dress concerning the currency law is
expected to be the most authoritative
explanation of its scope and meaning
that has yet been made in the South
Senator Smith has made a careful
study Of the law, and his address will
be one Of consuming interest and vast
importance to the Georgia bankers.
Senator Bacon also is expected to
speak at the dinner, and probably two
of Georgia's Representatives in Con-
gress.
Following are some of the latest
recommendations Of Atlanta as a re-
gional banking location:
Some Late Recommendations.
lapoosa-Farmers and Mer-
chants Bank, w. NJ. Sasser. president;
Bank of Tallapoosa, w. w. Heaton,
president
Bowman-L. W. Hendrick, presi-
dent Bank Of Bowman; B. r. Cordell
president FARMERS Bank.
Maysville-Atkins National Bank
Bank of MaysI lille.
Winder-Winde. Banking Compa-
ny, Lee s. Radford, cashier; First
National Bank Of ,Tinder, NJ. L. Jack
son, cashier; Carithers Banking Com
pany, H. H. Carithers, vice president
Lexington-Bank of Lexington, c.
NJ. Hunter, cashier; Oglethorpe Coun-
ty Bank. G. A. Barray, cashier.
The following letters speak for
themselves:
"CEDARTOWN. Jan. 13.-Hon. w
G. McAdoo, Secretary, of the Treas
ury, Washington, D. C.-Dear Sir;
This bank wishes to go on record as
| favoring Atlanta for the location oil
the regional bank that will serve this
section.
owing to the geographical loca-
| ton and the fact that Atlanta is the
distributing point for the South, At
cation of one of these banks. Yours
very truly.
''R. o. PITTS.
president the Commercial Bank Of
Cedartown."
Villa RIGA Enthusiastic.
VILLA RIGA, Jan. 1f.-Joseph A
u,
| with pleasure that I write you, al
our directors meeting this afternoon
our bank heartily Endorses Atlanta
for the regional bank for this section
and we believe Atlanta will win, as
| she always does. ! hope to be in
| Atlanta next Monday, and will see
you there at the meeting. Yours
truly,
| IS. o. FIELDER, Cashier"
From Washington comes the WORD
| that Richmond is making a strong
| fight for one of the banks, and thai
the city has been backed by the first
State formally to ask that bank be
| located within its borders.
| Through Governor Mann and State
| Senator Saunders, the Virginia Legis-
| lature presented resolutions, asking
| that the national reserve committee
| locate one of the banks in Richmond
Virginians Outline Unique Plan.
| More than this, the VirginianS
want Georgia included in the district
of which they desire Richmond to be
! the head
Virginia. North and South Caro-
| lima. Georgia, Florida, Southern Yves;
Virginia, Eastern Kentucky and East
| ern Tennessee, with a possibility Of
| the District of Columbia, are sug.
gested as constituting a fair dis
trict to be served by the prospective
Richmond bank.
These claims, put forward with al
possible energy, indicate the spirit
with which Richmond Is following ur
| it's fight and serve to show that
/ Georgia and Atlanta NAV expect G