The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-11
REFORMATION AND AN APPEAL.

aetsso and seuttrnen. Will have nothing 10
r I'm tie location IA Richmond OF one OF
eegaG or twelve regional reserve banks 70
suAakneuhed under the operations Of the new
hmw measure
- ou1nsh interest Of no one city Wal De
un1aasud by the federal organization com
0Dss In districting the country.
- this we have Ehe word Of the organdn'
- ouunn1ttee. the faith we hoad in the In
11ey Of II members and OF the president OF
- Omitted States Notwithstanding the fact
- pos1esca, sentiment and the best interests
e yhEhia and Richmond. If considered. would
nGo1a tAA Ynooted question OF the location OF
- q ehs reserve banks IN instant and that
go settlement would be In favor OF Richmond
- q location. tho bankers. merchants and peo-
- II Richmond generally heartily endorse the
Ua1n laid down by the federal reserve organi-
a1llon and unite with It heartily in demanding
80 considerations OF sound public policy alone
ansQ govern In dividing tho country into dis
azloAL
H1chmond. then. eutars c,e neid equal
esrms with I'll other cities and the section OF
No country Il which Richmond is the com
mAcasl and financial center enters the held
Spr Ricnmpod On equal terms with every other
sace1cn. Politics and sentiment play no part
A10hmond and the territory she would supply
baes their claims upon the bsst interest OF ono
slshsh or onsewelfth OF the area Of the United
Ulxoss, upcn advantage Of position. upon hnan-
81 ana Industrial supremacy. upon Justice.
snsa rfght-upou Ehs rules laid down by the
Seasea oryaulxae1cn committee which will dis
e1n cha counkEy-
13chmpod . ths csntr OF Southern thought
q Southern buGinesA Of 6ou<hern finance. That
sna11sn It the country which forums 4 compact
spad. polf1cai. Industrial and nnancia, whole
tuurds 1achmnoA - hs oeuAer. II 20. as
Nl1am n Habtistan paints out in an article
rs SAs vspsnto~ this morning IN Revolutionary
- 4 ~ - before and during the War Be-
ou0 ths 0taAes; Il 10 20 now. Richmond was
- poa1scal cagStai Of thu Confederacy: It is
GnGn1 - endustx4A end financial capital Of a
mnn1 Dagt e dc oorzner States OF the Ocnfed-
RLS Rdrhmnnd u tae gateway to the South.
ND uu1urn1 nhannA OF trade" OF the South
A OeosEiA 70 Florida Richmond is an
w1nnt-<hs ono most Important factor in
- 1svusupmnt Of Chat region Financially
1omunA = . rock. whscn. when struck. pcurs
- liquid Capital for khe Caronnas and far
- 0sueA. Fsnanc6ally Il II growing rapidly.
- eeafny. tn banking capital has increased
~ 1~ osR IN twentyfhree years and $50 per
- n tan years. It's deposits have increased
- eanes over. and dts total assets FIVE times
~
M1nxlA: vlrgania's deposits top those Of every
1mGA9n state but Texas. with s175.oo1. 900;
- aaxam.m deposits at any time during 1912
aodsd I'll: Its savings deposits than
uDGn1s xhs highest am,ng others including
- being three times those of that State
~ moro: ancounts carried by out-oftown banks
r Richmond banks total more than thirteen
nGnndred.
These figures given in more detail In the
lsugress Section Of The Virganadn this morning
anA others published from time to time and
distributed throughout the South, conclus.vely
demonstrate Rchnonds claims regional re-
vsExo district center The support Richmond
has received from Virginia and the Carolinas
has been encouraging. the more because OF
<ha TACT that that support brought about
rfdedy through knowledge that the location Of
. regional reserve bank in Richmond is de.
handed by the best interests Of this entire sec
TIN. and, therefore. for the country.
Tho figures published by The virainiaa this
morning are for the purpose Of bringing the
foc4s before the people of Virginia with more
smphasis and with the hope that those cities
W&acA have heretofore supported Richmond for
Ysnt1mental reasons will hereafter support her
hscapse OF the Justice OF her claims and because
~ the feet that Richmond's success In this fight
maans their success. They published in
- hope that the newspapers Of Virginia most
u which have already pronounced for Richmond
MIN take up aggressively and keep up from
pow on Richmond's fght-which Is yfrginia's
1eh4 and The souths They ara oaolsbed Is