Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1915-06-14
The New President

The New President
President Parcf1er is the president of
the Saco and Biddeford Savings In
stitution. in which capacity he has
served for eight years. He has been
cashier of the Yori. National Bank for
4 years, and was for two terms vice
PRESIDENT of the American Bankers
association.
The Maine Branch of the American
Bankers Association also met form
|slly to elect officers. A Bangor bank
fer. F. w. Adams, was elected member
| IL the executive committee for Maine;
|sewall T. Maddocks of Boothbay Har-
Dor was chosen member of the NOM
(nating committee and S. c. Parcher
/ Of Saco, alternate; the Maine vice
president Of the trust company sec
ton is E. A. Butler of Rockland.
Advertising Exhibits
Many bankers arrived early and the
hotel lobby and porch We're the scenes
Of small groups engaged in conversa-
ton up to the time of the business
meeting. Two we'll known firms which
sell to banks had exhibits in the hotel
lobby. both exhibiting in conjunction
with the Burroughs Adding Machine
|Co Grover T. Corning, a University
Of Maine graduate. represented the in
terests of the Library Bureau with an
exhibit Of accounting systems fitted to
the needs of Maine bankers: Henry s.
Miller was with the Baker-Vawter ex-
hiht Of a somewhat similar nature:
-
ed the adding machine interests,
The hotel lobby and parlors present
Cd a lively and pleasing scene in the
evening Dennis Orchestra stationed
IN the parlors began early the render
ing Of many sweetly harmonized class
/ les with now and then popular mel
\ odv sandwiched in for the enlivening
Of the spirit of the banqueters. Sew
Eeral times "Tipperary," oft played but
= none the less enjoyed. caught the fan
Ecy and the famous song was caught
i up by SO many tongues that a goodly
chorus rang through the halls.
Address of Welcome
Close upon the appointed hour rs sat
down to the banquet and at an early
hour Toastmaster sewall T. Maddocks,
The retiring president. introduced Charles
5. Hichborn to welcome the bankers to
Augusta. Mr.. Hichborn with character
stic eloquence, seasoned at the first with
quiet humor, welcomed the bankers to
The Imperial City Of Imperial Kenne-
bee" He told them that they represent
ed the constructive force of the worlds
life in their capacity as banking men
and ~ bankers were energizing infiu-
encs&kn all that is built well and for
good purposes. He characterized the
banking business as 1.-The final Judge upon
whom all else waits" Speaking Of them
as men, he declared that the business of
banking creates the highest type of man. |
hood that the atmosphere breathed b. |
bankers begets and nourshes integrity |
and high purpose, and that he recognized |
banking first of all because of its forna- |
Ton of strong character and making of /
worth men.
Hon. Alfred L. Aiken
Hon. Alfred L. Aiken, governor of the /
Federal Reserve Bank, Boston, was the |
second speaker. In opening he remarked /
mat he made an annual expedition to
Maine to satisfy his love of Names
Wonderful outdoors and had been accus-
Cd Of sperding the II months following
lis return home from his annual pill
srImage to the Maine woods in the plan
hing of the next years outing. In a
lCentinued on Page 10-coIumn y