The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-10-14
AMERICAN BANKERS
WILL GET DOWN To
BRASS TACkS TO-DAY
First Business Session of Asso-
citation VIII Begin This Morn
ing After Body Is Welcomed
Littleton, Hanlin
And Glass To Speak
Governors Ball. Last Night
Closed Day of Many Enter
Gluck and Scott
at Auditorium Tonight

Committees and sections OF the
American Bankers Association having
taken care OF the details OF scores
Of matters to be given action BY the
association. rs foriieth annual session
will get down TO business this morn
Ing. Reports OF officers and commit,
tees viii be received and Immediately
disposed OF. and addresses by Martin
W. Lit;leton, OF New york: Charles
s. Hamiin, governor OF the federal
reserve board, and Representative
Carter Glass, author % the federal
Reserve act, which yesterday morning
dur.ag M Joint session OF the trnct
company and savings bank sections
came in for sharp criticism.
are addresses of Governor Ham,in
and of carter Glass at ihts afternoons
seeSion viii deal with the federal re-
serve board and the federal reserve
act. and bankers who have discussed
the attacks made by Sol Wexler and
Others IN yesterdays joint session. an
t.csratc thai IN. two Dig speeches to-
day. particularly that of Representa-
tive ..,fass. Will be IN the nature or
yec.y to ne criticism.
l. is rega sied as improbable that
the appointment OF committees IRON
those two sections. 10 De augmented
by members representative OF state
hanks ara national banks. until after
both ar Hamiin aad Mr.. Glass have
been heard. as the belief that the
association woald hear mere OF the
:a1ch discussed reserve act rules ana
Regulations rather than jump half
Kindly,
Stir Was Created.
Yesterday would have been a rather
Gui. one. marked almost entirely ~
rodtine. had IL not been for Hie ss,s
created in the auditorium by the decla-
IatioEs ,ha: the reserve act should LIE
Sc am rGe3 that state, savings and
trust company institutions might lc-
come members of the association WIN
out encouniering the SO called diff
culties now faced by these classes of
banking concerns.
The several sections ~ the associa-
ton transacted routine business. heard
reports. elected officers and listened TO
addresses and discussions of points
brought tc the fore. These section
meetings were followed by sessions cf
executive committees in which reports
were formulated for presentation 10
the convention,
The entertainment features of the
day were many. though chief interest
ceniered tn the Governors ball." at
the First Regiment arInory last night.
Tine bali. which one OF the most
brilliant social events OF the week.
and one which will be long remem-
be-ed. opened at 10 o'clock A re-
ception. III which the social and Of
nciai life Of Richmond. and the bust
ness ana banking interests were rep
resented, beginning 1t o'clock. pre-
ceded this ball. At the head OF the
receiving line. composed Of members
OF tho Richmond reception commit
teA, were Governor and Mrs. Henry
G. Stuart.
Minor cntartsinment events were the
prentnE Of the golf tournaments IN tho
links OF the Hermitage club AMI the
Country Club of Virginia the auto
mobile tours to points o. historic and
UGer;c int.rest in and around Richmond
ard the little journeys to the plants
al the Standard Paper Manufacturing
company and the southern Marufac-
tu-ing cor,rrar- The automobile .ours
arc rfoving popular feature, tho Wis.
i.cis showing keen desire to have Rich.
srrnd Thown them. Every ayai,ahl,
automobile was pressed into service
yesterday and there we're bankers and
guests to NIL them all. Persona own
Ing automobiles. who will co-operate
with the committees In the entertain
mont Of thu great gathering are re-
queeted by Chairman J. +. Palmatory,
OF ske committee. to have their cars
ut che Jefferson at 10 A. NJ. and 2:30
r. M. today and tomorrow.
Popular AIattle Jour1eys."
The little journeys" today will be to
the plants Of the Liggett and Myers To-
baccO company. the Richmond Cedar
works and the American Locomotive
company. They will start from the
Main street entrance to the jefferson
on special trolley cars and In auto
mobiles at 10 o'clock sharp. The Man
ufActurerS Exhibit, PichmonSs per-
manent 'Made-in- Richmond" show on
the second. third and fourth floors Of
the Chamber Of Commerce building.
h attracting much attention. there be-
Ing several hundred visitors at the exl
hlbit daily. The exhibit Ii open all
Ray.
The leading entertainment event OF
today. however. II the musicale to be
given tonight IN the City auditorium
BY the Metropolitan stars Nine Anna
0luck. Antonio Scott and Zimbafist.
This entertainment will begir At $40
o'clock. a pleading feature OF the
ppoe1elly arranged program vii Be the