New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-11
Meet u. S. Financiers at
Morgan's Library and
Again at Dinner.
CRFDIT TO BE GIVEN
MAYEXCEEDS5OO, 900, 900
,uedcans Who Last Year
Feared Gold Famine Now
Fear Cold Flood.

where out q Ata4 oSN f'"'0
=. ,-svent the United States beng
.,.;,s5 Of is stock Of gold, the first
- ssr;es OF conferences between the
l,,sips bankers Of Europe and the
r,;,.d States was held yesterday to
5,y;.. ways and means Of furnishing
-,r,v 70 Europe and prevent this
,suptry from being flooded with gold.
u the conference Great Britain sent
s,,on Reading, the first Jew TO be-
.,r. Lord Chief Justice Of England;
8, Edward Holden, chairman Of the
london City and Midland Bank, Eng
h,gs greatest banker; Sir Henry
ssbbjngton Smith, chairman Of the
g.nt Of Turkey and Basil B. Blackett,
,hls France sent Octav Hombert and
Finest Nallet., these representing
Russjs SIS well and being charged with
,,s duty Of caring for the interests Of
r,lv and lesser powers, ranged on the
side Of the Allies.
To meet them J. P. Morgan, present
bssd Of the Morgan house and the
fs,al agent in this country OF the
Allies; bis partner, H. B. Dawson, and
Captsin Georfe Gaunt. R. NJ the
Rrit,sh naval attache at Washington,
spsn, the night at Quarantine on the
Corssir. boarding the Lapland on
which they came soon after daybreak-
A. indication that bankers hours are
70, always as easy as they are sup
posed TO be. Mr.. Morgan was in a
che. rful mood as were the visitors
whom he insisted on lining up for the
5eaef. Of the news photographers.
Bids Allies Look Pleasant.
An you've got TO do is look pleas
mt be told them. 1--WE been through
he mill often and l want to see others
aks their medicine"
50 the eminent visitors were snapped
and snapped uptil the Lapland reached
her pier. where under the direction Of
Collector Of Port Dudley Field Malone,
phO had arisen early TO meet them, the
eourtesies Of the port were extended
,rd their baggage passed without the
cgstomsry customs examination.
There we're reporters at Quarantine
also and at the pier as well who wanted
TO know all about the plans of the
visitors. things Lord Reading was
careful to say have not yet been made
and cannot b made until the situation
Is thoroughly canvassed and the needs
OF Europe weighed against the will
ingness Of the United States to lend.
What is desired said the Lord
Chief Justice, who started out in life
as Rufus lsaacs, supercargo on a
er,hant ship became q broker on the
London Exchange and made failure
Of II, was called 20 the bar and became
srecessiyel- the leader o the English
bar. Attorney General and then Lord
hief Justice and chief financial ad-
visor Of the cabinet, "is TO consult with
American bankers as 20 the best means
Of relieving the financial tension be-
tween New York London and Paris and
50 arrange matters that trade may be
disturbed as little as possible during
the war
At the pier friends Of the delegates
Sere waiting. as was a special detail
Of Central Office men TO watch for
canks and men from private detective
agencies charged with the same duty
The stop there was brief. motors TAX
ing the visitors to the Biltmore, which
viii be their headquarters while they
remain in New York.
A, the hotel John Z. Gardin. vice
president Of the National City Bank
and foremost expert on foreign eX-
change. was waiting 70 meet Sir Id
ward Holden, an old friend. The two
vere joined almost Immediately by
Nessrs. Morgan and Dawson and an IN
formal discussion Of the situation with
the several members Of the party fol
lowed. Soon after Sir Cecil Spring
Sice, the British Ambassador, called
"ith Lady Spring Rice to pay his re-
speets. Shortly before o'clock this
discussion ended and Messrs. Morgan
and Dawson eft for the Morgan house
Preliminary 10 the more formal confer
enee az the library which began soor
after.
Bankers Consider Situation.
To this were bidden the leadin'
bankers Of the city, as well as prom
hent Canadians, many Of whom ha'
come TO New York for the purpose o
attending the conferences. These IN
GUIDED Sir Robert Borden, Premier o
'Canads; Sir Thomas Shaughnsssy
PRESIDENT Of the Canadian Pacific. an
one OF the solid men Of the Dominion
and Sir S. 7. White, Canadian Minis
YER Of Finance. d. A. Thomas, tn
welsh coal king. whose energies ar
Selng devoted 20 securing munition
'oI the Allies, came also.
lne New Workers present include'
george ?. Baker, chairman Of the FRS
Sa'ional, and Francis l.. Hine, presl
V.at OF that institution; William A
ssssh, Chairman Of the Corn Exchsng
SSahk and former chairman of the Ne'
otk Clearing House; A. Barton Hep
SSuth, Chairman Of the Chase National
S.hk A. Vanderlip, president of tn
Anonsi City; L. T. Stotesbury. o
r., Morgan & Co. and Morgan, Drexe
o. 20, Of Philadelphia; Lewis l.
,nrse, president of the American Ma
4onei Bank; Alvin W. Krech, presi
pas pAs OF the Equitable Trust Company
ssooert Bacon. TO, mer Ambassador Z
sehee and 3 former member Of IN
I'm OF J. p. Morgan & Co: Alexspde
nemphill, president, and Charles Il
Teoln' vee-presidtrt Of the Guarani
veH Company, Samuel McRobert;
nspresident % the National; Otto I
Tnhard, president Of the New Yor
J" Company; August Belmon'
e,.nss ess b. Forgan, of Chicago; +.
'hert; John J. Hegeman, presiden
'~"''""-S naEe a ~-l-sssn