The Birmingham age-herald., 1915-05-11
STATE CONVENTION OF BANKERS WILL
 BEGIN WORK TODAY;
 REPORTS ARE MADE
Continued from Page Fivc)

Following the reading, of the report, A. R. Smith of Demopolis moved that an amendment to the report be made by which a committee would be authorized to go before the state legislature in the interest of bureau of markets to be operated in conjunction with the depart ment of agriculture, the duties of which would be to bring the buyer and seller of agricultural products together. Judge Thomas stated that such plan was all ready under consideration and that such committee would be appointed later Qnring the convention whereupon Mir Smith withdrew his motion.
 Secretary McI.ane Triton read the report of the secretary for the year reviewing In detail the various business which had been transacted and the depression which had come since the last convention. ''The conflict between German militarism and English navalism saved the south,' he declared, from what in time would have been the worst financial panic of history, for this crisis brought on by the Euro pean war has awakened the south to the folly of it's present economic and agricul- tural systems. The awakening was not pleasant but it was. far from what it would have been in future years if we had gone on and on until finally the natural crisis of conditions would have brought about the inevitable readjustment The one-crop system has been broken up. The people of the state of every char acter of business and industry Have CO., operated in the diversified crop campaign and a mistake which in time might ha meant utter ruin has thus been corrected in time"
 He discussed the legal restrictions of the state constitution in the issuance of bonds. stating that many municipalities of the state were greatly hampered by these laws He related how the federal reserve system had received its baptismal fire at it's very inauguration right at the time of the business depression; that the wonderful strength and soundness of the new currency system had been tested and proven good' and had so worked that what had been depression would other wise have been disaster He stated about 100 banks of the state steadfastly refused to join the association and that he failed to appreciate their position in the mat ter
 Conner Appoints Committee
 President Conner appointed committees for the convention as follows:
 Resolutions: F. M. Moody, T. H. Rain ey. Hal Taylor.
 Auditing: F. A. Bloodworth. Roy Nolan. M. H. Sterne.
 Nominating: w. M Manly, D. R. Smith, F. c. Melvin. #3
 Secretary Triton read the report of the committee on legislation which had been appointed at the last convention, !. Kirk Jackson. chairman. The report reviewed various legislation in the interest of bank ing, which has been introduced before the present legislature.
 Reports of the group vice presidents were then made as follows. the reports dealing with the business transacted dur ing the year at the group meetings:
 hna h Nnru Decatur.
 Group Two-M II. Sterne Birmingham
 Group Three-LaFayette Cooke, Oden- vile
 Group Four-Roy L. Nolen, Alexander City
 Group Five-C NJ. Howard, Selma
 Group Six-L. NJ. Bashinsky, Troy.
 Group Seven--A. c. Tonsmeire Mobile.
 Group Eight-I. c. Powell, Enterprise.
 MT. Sterne made no report as no meet ing of Group two was held on account of the convention which is now meet ing in Birmingham. Miss Pearl c. Cooke, daughter of LaFayette Cooke of Oden- vile and said to be the first lady cashier in the state, read her fathers report in. his absence. Secretary Hilton read the reports of MT. Tonsmeire. Mir. Powell and Mir. Nolen and Mir. Bashinsky Mir. How ard made no report as his group had Eeld no meeting.
 Last night the delegates attended in body the vaudeville show at the Lyric theatre, which was one of the events on the entertainment programme.
 Mrs. Mathis to Speak Today
 At the morning session, which will be- gin at 9:30 o'clock this morning the prin- cipal speakers will be Mrs. G. IT. Mathis. president of the Alabama Diversified Farming association; H. E. Blakleslee, commissioner of agriculture of Mississip- pi, and at the afternoon sessions NJ. B. Wellborn of the federal reserve bank of Atlanta; Gov. Charles Henderson, Dr. George H. Denny will be the main speakers
 partial list of the first registra- tions of the delegates is as follows; ];
 B. Tannerbaum, Livingston; ]. D. Greene. Opelika; A. W. Smith. Birming-, ham; w. H. Manly, Birmingham: B. R. Barnes, Eutaw; R. W. Ewing. Birmin g. ham: W. N. Morris Samson; George Waller, Gieger; Fred c. Riley, Geneva; L. A. Keidel, New York: E. E. Risley, New York; Stewart McGinty. Atlanta; Fred J. Pars, St. Louis. Ray L. Nolen. ; leXander City; Hogan Jackson, Al hertville; D. c. Folsom. Hartford; L. L.. 1atour, Chicago; E. E. Shelton, Chi k. Lewellen, Epes; John P Ramsay, Epes w. F, Rainer. Brantley; I. E. Rashinsky, Troy; l.. L. Gellerstedt. Bir- mingham; c. M Preston, Chattanoofs.:. :. L. H. Sessions, Enterprise; Lee McDuff,l Birmingham; James L. Griffin, Mont gcmery; William R. Hosmer, Fauns- dale; c. B. Rogers. Birmingham; ]. M Caldwell Birmingham; Y. W. Black, I;eorgiana; w. s. Nichols. Livingston: Jim Johnston, Geneva; A. F. Arr- strong, Marion; A. Holloway. Samson ; c. owen Vincent, New Orleans; J. Ebtott. New York; w. Warner Martin Atlanta; c. S. Chiffon. Jr, Birming- nam: Val Taylor. Uniontown; T. IT Jennie, Pell City: H. R. Smith. Demop- oils; E. B. Crawford. Birmingham; l. Cook. Pell City; w. A. Arnold Clio; J. R. Moore, Gor1o; E. c. Melvin, Selma D. F. Greene, Decatur; J. 2. schultz Stevenson; O. l.. Judy. Moulton; 8. D. Me- Gee. Slocumb: O. M. Fisher. Cullman; B. l.. Gill, F. A. Bloodworth, New Decatur; R. A L. wilkes, Birmingham; Edgar A.. McKeel, Baltimore; G. l.. Conner, Eufaula i: ]. P. Roach. New York; A. H. Titus. New York: James R. Garrett, Nashville Charles H. Wattesen. Nashville: Bradley Curry, Nashville; John T. Sawyer, IT,. New York; A. S. Douglas Opp; V. J. Al exander. ANashville; c. w. Mlxeli Opp; E w. Mocre, Roanoke; c. D. Thomas. Pratt. vtlle; Eugsnp Ballard. Prattvtlle; F. I 45It| II IF E. .