Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-16

location of 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 -ieorgia and several in
Florida, and 145 individual banks and
business organizations.
Indications Friday We're that more
than 500 Georgia bankers would at
tend the dinner Monday at the Cap
ltal City Club, when the Atlanta
Clearing House Association viii 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- ,ly serve to crys-
tallize the sentiment. But Senator
Hoke Smith is to speak, and his adj
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 viii
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.
apoosa-Farmers and Mer-
chants Bank, w. NJ. Sasser, president;
Bank of Tallapoosa, W. w. Heat"r,
president
Bowman. W. Hendrick, presi
dent Bank of Bowman: B. K. Cordell,
president Farmers Bank.
Maysville-Atkins National Bank,
Bank of Maysyille.
Winder Banking Compa-
ny, Lee S. Radford, cashier; First
National Bank Of Ninder. 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. BarraS, cashier
The following letters speak fot
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 of
the regional bank that will serve this
section.
Owing to the geogra phical loca-
ton and the fact that Atlanta is the
distributing point for the South. At
lanta is eminently situated for the To-
cation of one of these banks. Yours
very truly,
"R. o. PITTS.
president the Commercial Bank of
Cedartown.'
Villa RIGA Enthusiastic.
"V1LLA RIGA, Jan. 14.-Joseph A.
McCord. Atlanta. Ga.-Dear Sir: 1t is
with pleasure that | write you. az
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 that
The city has been backed by the first
state formally to ask that a 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.
Virqinans Outline Unique Plan.
More than this, the Firginians
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 all
possible energy, indicate the spirit
with which Richmond is following up
it's fight, and serve to show that
Georgia and Atlanta may expect
hard battle every inch Of the way.