The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1915-08-27

Rock. Ark, vice president Union Trust
company.
IF. S. Etheridge, Jackson, Ca, presl-
dent Georgia Bankers association.
IS. j. High, Tupelo. Miss. president
Mississippi Bankers association.
IF. w. Foote, Hattiesburg. Miss diiec-
tor Atlanta Federal Reserve bank, At
lanta, Ga.
oscar Wells Birmingham, president
First National bank.
81. NJ Pool, New Orleans, president
Louisiana Bankers association.
John w Simpson. Spartanburg, S. c.,
president South Carolina Bankers associa-
ton.
George w. Rogers, Little Rock, Ark,
vice president Bank of Commerce"
Galveston Resolutions
The resolutions adopted by the Gal
weston conference, and which were in-
dorsed yesterday afternoon, were:
whereas it is matter of common in
terest to the people of this nation and TO
the people of the south in particular, far
, mers, bankers, and all business men
alike, that the cotton crop now nearing
harvest be marketed to the best advan-
tage and in such manner as to insure the
maximum return to tn producer, and
Whereas, it is realized that intelligent
to bring about this much desired end. now
therefore be it
Resolved, by this conference of bank
ers representing the cotton growing
states of Georgia, Mississippi. Oklahoma
Louisiana, Tennessee, Arkansas, Ala
bama, South Carolina and Texas, assem-
bled in the city of Galveston on All
gust IA, 1915,
That it is the opinion of the bankers
here assembled, that it Is the duty of the
banks and business men of the south TO
assist the producer in obtaining fair
value for the 1915 cotton crop by tie
gradual sale of same by Offering to the
market only such amount of the crop as
the market is ready to absorb at reason
able prices: and
That the resources of the banks of
the south are sufficient for this purpose
with the facilities available through the
federal reserve banking system, and the
cooperation of the financial centers of
this country; and. be it
Resolved. That copies of this resoiu-
ton be forwarded to all member banks
of the various state banking associations
of the SOUTH and that the clearing houses
be requested to distribute same among
the mercantile interests in their respective
trade territories. Be it further
Resolved. That the chairman of this
conference be authorized and instructed
to appoint a committee of one member
from each state represented at this con-
ference to confer with Mr.. w. p. G. Hard
ing, member of the federal reserve board.
| at Birmingham. on August 2e. 1915
n Among Those Present
Among those present were f. s. Ether
idge, president of tho Georgia Bankers
association. Jackson, Ca; r. w. Foote.
Hattiesburg, Miss, director of the Sixth
district Federal Reserve bank Morehead
Wright, vice president Union Trust COIN
pany, Little Rock, Ark; G. w. Rogers,
vice president Bank of Commerce, Little
Rock; S. J. High, Tupelo, Miss, president
Mississippi Bankers association; F. NJ.
Law. vice president First National bank,
Houston, Tex; L. M. Pool of New Or
leans, president Louisiana Bankers asso-
citation and vice president Ebernia Bank
and Trust company John w. Simpson.
president South Carolina Bankers assn
citation, Spartansburg s. c.; Oscar Wells
| president First National bank; j. NJ. Frye.
!, president Traders National bank; w. ".
Crawford president of American Trust
and Savings bank Judge l.. II. Reynolds
OF Clanton. representing Alabama Gotten
| Growers association, and the Tri-States
Merchants association.