Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1915-06-18
ADJOURN IN MIDDLE OF THE
MISSOURI
(Continued from Page One.)

day. '- +
The best ever were the word
that attended very hearty handshak'
as the guests bid goodbye on al
sides. and the largest and most sue
cessful convention in the life Of tn
association passed into history.
Morning Session.
Thursday mornings session opened
q. convention headquarters with tn
appointment of a committee by Presi
dent Nierling to report on that par
of the governors address of welcon'
in reference to the state banking
board, and the spirit Of neutralit:
contained in the annual message 0
the president Of the association. II
which the bankers were urged to SUP
port United States commerce wit.
Latin-American nations in preference
to helping finance the present Euro
pean war. The following were ap
pointed to report in the afternoon
Karl Farup, Park River; NJ. F. Muir
ply, Grand Forks; Z. J. Weiser. Far
go; I. P. Baker, Bismarck; c. F.. Pc
terson, New Salem; William Adams
Lisbon; G.. l.. Beisecker. Fessenden
r. J. Dougherty, Starkweather; j.. S
Flatland, Minot; F. A. Runkel, Ant
Ter; ]. H. Wishek, Ashley; w. i
Caldwell, Monango; and p. M. Brown
Of Hcttinger. ....
Reading Of a telegram from thu
Commercial club of Grand Forks eX
tending best wishes for a profitable
and successful meeting followed ,ant
IVES received with loud acclaim. 80
'-,yr. Speakers In Order. ~ .sy.s
The first speaker OF the morning
was w. w. Burr of the United State:
Department of Agriculture, Bureau o.
Plant Industry. Mr.. Burr addresse.
the meeting on the subject of 'Dry
Farming of the Northern ,Great
Palms. He pointed out where sea
sonal conditions were o potent in
their influence on yield than methods
of cultivation. Wheat will alwaysrbe
the major crop in North Dakota" he
said. ".Eutl corn as a feed crop is
more certain than wheat as a cash
crop. The growth of corn in rotation
with small grain means a better yield
OF the latter per acre. ...
"The production of Orn means
more livestock and the returns are
more regular than straight grain
growing"
Mr.. Burr concluded his address by
reading a paper treating the subject
of seasonal conditions and the rota.
Zion Of corn with small grain. His
talk was highly instructive and inter
Mr.. Dreher Speaks.
. III. j.. Dreher of the Marshall and
Ilsley bank of Milwaukee was the
next speaker using as his subject.
The American Institute of Banking
He, set forth. a duty for every banker
in the state-that OF fostering and en-
.ccuraging the immigration movement
to bring the home-seeking foreigner
to the broad and .unworked field 9oi
North DakotaHs7He. referred to the
American Institute Of Banking asia
part of the American {3ankers'.associ
alton. Its purpose is to- educate bank
ers in banking. The membership. at
the present, time is something like
$1,000 members. and many OF the
present day federal reserve bank
agents have been called from, its
.-,~.tt-c ~44 ~, rerff ~.,sttt.-
Mr.. Dreher says that the course O.
the American banker for the future.
has been lail, out. The, members Of
the banking fraternity face the, g:.eat
est era OF prosperity, in the, world o..
the United States has ever
known, and 1t is up to the bankers Of.
this country to Shape, the policies that
will place American money and. goods
in the biggest markets OF the world
America will have to contend with
the victor of the present European.
war for the mastery OF the seas" said
Mr.. Dreher. The way to coloniZe the
republics of Latin America is by fin
them. This is where the Euro
pean countries have led us in the
.
In conclusion, Mr.. Dreher made g
plea in the interests of the young
man who is engaged in banking work
Help broaden him in the pursuit Of
broad banking methods" said Mr.
Dreher. =.
Gives Interesting Talk.
One Of the most entertaining talks
in the entire speaking program of the
convention was the brief but very
able and instructive address deliver
ed by B. A. iRuffin of Richmond, Va.
secretary of the Burglary Insurance
and Bonds Committee of the Ameri
can Bankers association, who discuss
ed the subject of Burglary lnsur.
ance' for the direct benefit, Of every
member of his audience. Besides be
ing an authority in the matter, Mr.
has a keen sense of humor and
employs it to drive home an argu-
ment in no uncertain way. .s.,er&
The speaker stated that the gen
eral methods of underwriting can be
improved and went on to SHOW that
year after year the big companies
writing burglary insurance are pay
ing back only about 10 per. cent if
Of the total premiums collect
ed. He stated that this condition
would not be suffered by the banker
much longer, that even at the pres.
ent time the big companies were be
ing forced to reduce their premiums
20 per cent.
Mr.. Ruffin incidentally pointed out
number Of features in the better
policy and urged the bankers to care.
fully scrutinize their policies in or
der that they may not be surprised
when the insurance company later