Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-22
DETECTIVE BURNS TO be At.
TRACTION At STATE BANK.
Frs CONVENTION.
DAVENPORT PLANS TO
ENTERTAIN 1900 DELEGATES
United stats. Senators Week. and
Sherman to % Hsard-Prs'idsnt Ed.
wards in Annual Address Lauds
iewa's Agricultural Resources and
Arsuss For Rural Credit System.
Special to Times-Republican.


the famous detective, who attained
national prominence IL the Mcnamara
dynamiting case, will be one Of the
speakers at the annual convention of
opened here today.
Secretary p. H. Hall, Of the asso-
citation, received a telegram from Mr..
Burns shortly after arriving here from
Des Moines. The head Of the famous
detective agency has just appeared be-
fore the North Dakota Bankers As
ISOLATION convention and following his
engagement here will address the
South Dakota bankers.
The detective agency of the Iowa
Bankers Association, which results in
the arrest of dozens of check forgers
annually. is under the supervision of
the Burns agency.
All Of the other speakers who were
scheduled to address the convention
will be here, Including John r. Weeks
Of Boston, United Senator from Mas
sachusetts. prominently mentioned as
candidate for the republican presiden-
tial nomination next year, and Senator
Lawrence Y. Sherman, of Illinois.
Such heavy attendance is fore
casted that the registration will easily
reach the 1900 mark in the opinion Of
local bankers. The hotel committee
alone has made reservations for 500
Of the bankers at the Davenport hotels.
In addition to this number and to those
who will wire in for reservations to-
day, several hundred have secured ac-
commodations direct.
-
J. L. Edwards. OF Burlington. presi-
dent of the association. delivered the
annual address, in which he said:
The Iowa bankers association is re-
garded as one of the most important
is an honor and a pleasure to me to
preside over this, the twenty eighth
annual meeting.
During the past year we have had
many notable problems to meet. When
the European war was declared it
found this country debtor nation to
such an extent that great inroads were
made upon our gold supply, causing
stock exchanges to close. Banks in
reserve cities resorted to the issuing Of
over two hundred millions in clearing
house certificates, while the bankers
tional currency associations to take
advantage of the Aldrich-Vreeland law
providing for the issuance OF emer-
gency currency, something over three
hundred and sixty-two millions OF
which was issued. This saved the
country currency famine and the
congestion of domestic exchange,
and what might have been the
worst financial panic in our history.
Now that we have the federal reserve
bank in successful operation. we will
never have currency panic and it will
prevent undue monetary stringency.
Iowa Leads World.
Iowa is so good that nearly every
acre smiles, 1914 per cent being in farm
lands. We lead the world Barring the
quarantine Of our animal industry dur
ing the month of November. the de-
preston felt in practically every state
Of the union did not affect Iowa very
much. No labor problems faced u.s.
and none Of our inhabitants have been
taxed to take care Of the unemployed
OF those who have left the state most
of them wish they were back more
especially since we have been awarded
the grand prizes for the agricultural
exhibit at the Panama exposition.
Rural Credits.
Zone Of the greatest questions before
the country today is rural credits. To
this subject we should give time and
thought For over seventy years Eu-
rope has been helping her agriculture
lists and promoting their enterprise by
means Of ample and cheap credit,
while we have done nothing for our
farmers in a similar way The time
has come for the United States to
adopt or endorse q system of land fl
aancing for the benefit of the farming
Industry The fortunes made by the
advance in $3.50 an acre land, given to
our grandfathers ia fast changing
hands. The future fortunes will be
made in more scientific manner. re-
auiring greater knowledge The ma
terial wealth Of this country is due to
the tiller Of the soil, and not to the
mill or shop.
1--WE live in the greatest temperate
zone in the world. With our push and
energy being driven by red blood cir
rulating through our veins and with
the return Of full confidence, the basic
foundation for all mankind, within a
few years this great Mississippi valley
will have the purchasing power of the
world.
"our population stands today about
p per cent rural and 70 per cent cities
md towns, the q per cent producing
Tor the hundred per cent. This means
high prices for our farm products. It
rails our attention to the fact that we
IRE fast becoming a consuming nation
g AZ 20 Good Roads.
sYour committee on good roads met