Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-09
REGIONAL BANK
RALLY HERE ON
JANUARY 10
700 Financiers From Over State
Will Meet to Boost Atlanta
as Reserve Center.
Continued From Page 1.

duopleu the tOllOWlng resolution.
Whereas. the Federal reserve
act makes it necessary to have
regional banks in their respect
i've districts, and
Atlanta Logical Center.
Whereas we are of the opin-
ion that Atlanta is the logical To-
cation for one Of those banks,
therefore be it
Resolved, That we DO hereby
earnestly advocate and desire for
the benefit of a very large and
prosperous section of our coun-
try that the reserve bank organi-
cation committee select Atlanta
as the location of one of the re-
serve banks.
Resolved further That this
resolution be forwarded to the
committee by wire, and copy be
sent to the Atlanta Clearing
House Association"
Here are the two messages from
Gainesville:
Gainesville Clearing House AS
sociation, composed of six banks,
heartily indorses Atlanta as site
for regional reserve bank. Formal
resolutions following by mail.
Commerce most heartily indorses
the efforts of Atlanta to obtain
one of the regional banks recently
authorized by Congress. We be-
lieve that there is no city in the
country better situated geograph-
ically to serve in this capacity,
and certainly none in the South
that has the location, equipment
or facilities to serve the South
eastern States that Atlanta has
The Gainesville Chamber of Com
merce will be pleased to be called
upon for any assistance it may be
able to give.
thonia Board of Trade, addressed ar
official letter to ]. X. Orr, chairman OF
the joint committee. He stated that
he could not believe the award OF
the Southern regional bank could be
made in any such "shortsighted man
ner" as to place it anywhere else
than in Atlanta. He proffered on be-
half of Lithonia and it's Board OF
Trade, all possible aid and backing
in the work of the big prize.
Kirkwood, through its chamber Of
commerce, Endorsed heartily the
claims of Atlanta for the regiona
bank, and promised the joint COM
mittee all possible help in its cam
paign.
The telegram from Augusta was ad-
dressed to Robert F. Maddox, Of the
joint committee, and was received
shortly after noon, being welcomed
by the entire committee as one Of
the big boosts Of the campaign
1t read, over the signature of Rufus
H. Brown, manager of the Augusta
Clearing House Association:
Augustus Move Cheering.
II am authorized to cast the vote
of the Augusta Clearing House AS
ISOLATION in favor of Atlanta for the
regional bank to be located in this
district"
That's a good, stout blow for the
cause" Mr.. Maddox said as he reac
the message. II believe it expresses
lllt Stllllllltllt VI tIlc mltolC holoIN
and one that the other cities will moi
be long in expressing"
Mr. Maddox also received by mai
Friday the formal resolution by which
the Albany Clearing House Associ-
alton Endorsed Atlanta for the re
gional bank prize, and pledged 1t:
aid toward that end.
It is granted among Georgia bank
ers and business men generally thai
Georgias sole chance of getting one
of the big banks is to get it for At
lanta. 1t is well known that no Other
Georgia city has a chance. and the
plan now is to put up a solid front
with all the bankers and business
men in the whole State standing to-
gether on the claim that the regiona
bank for the South should be eStab-
lished in Atlanta.
The big meeting of the bankers was
decided on at a meeting of the Clear
ing House Association Thursday, and
invitations are to be mailed out Fri
day to all the banks in the State.
Encouraging messages were re-
ceived from Senator Smith and Con
gresham Howard Thursday. Sena'
tor Smith said:
Sentiment in Capital Favorable.
Sentiment here Gin Washington
generally recognizes Atlanta as the
city in the Southeast in which there
viii be located a regional reserve
bank. I congratulate you upon actor
of Macon and Columbus clearing
houses"
Congressman Howard expressed
himself in a letter received Thursday
by j. K. orr, chairman of the joint
committee of the Chamber of Com
merce and the Atlanta Clearing House
Association. He said:
Am just in receipt of your letter
relative to the establishment of re-