The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1916-05-17
Delegates to Convention Hear of Ad-
vance in Business and
Methods.
SOIL SURVEY OF
STATE IS URGED
Trip is Taken to the Itasca State
Park; Twin City Bankers
Present.


and lieutenants of lucre, delegates to
the annual convention of the sixth
district group of the Minnesota Bank
ers' association met this morning in
Bemidji and heard statistics and
stories concerning the prosperity of
Minnesota in general and the sixth
district in particular.
Hastings Presides.
The meeting was in the CONNER
cial club rooms. President G. G.
Hastings, cashier of the First Ma
tional bank of Wadena, president of
the sixth district group, presided. He
called the delegates to order shortly
after 10:3O o'clock. The Rev. L. P.
Warford delivered the invocation.
Welcomes Delegates.
In his address of welcome, Attorney
M. J. Brown of Bemidji told of the
growth of Bemidji, it's beauty and
commercial advantages.
O. w. Lundsten of Hutchinson,
president of the Minnesota Bankers
association, responded fittingly to the
address of welcome. Minutes of the
last meeting at st. Cloud were read
by the secretary and committees were
appointed on nominations and reso-
lutions.
Urges Cooperation.
J. H. Hay, superintendent of the
schools at Thief River Falls, deliv-
cred an address on "Team Work." He
emphasized the necessity for the CO.
operation between the banker and
the farmer and pointed out that the
farmers were laboring under the
wrong impression, namely, that be-
cause of his associations with the So
called "big interests" the bankers
are taking advantage of the farmer.
This feeling, he stated, was being
put out of existence slowly by the
bankers by meeting the farmer on
an equal footing and showing an in
lerest in the undertaking and enter
prises of the farmer
For Soil Survey.
He urged that the banker become
closer acquainted with the farmer
and spend less money in catalogues
and calendars and more money for
prizes for contest. He pointed out
that the agriculture industry of the
state was valued at about $780,
100000, while the deposits in 1853
banks in the state was about 1884,
100000. He urged securing of set
tier agents to assist the settlers and
that the farmers be taught the use
of keeping records. He stated that
$537 is the average income of theAm-
erican farmer He urged that the
bankers assist the farmers in buying
stock and to capitalize young men,
who are at present going to Canada
or west, in conducting farms here.
He urged a soil survey for Minnesota
and the soil testing of the individual
farm. In concluding he made strong
plea for better citizenship.
Federal Reserve.
The subject of the federal reserve
bank from it's organization was dis
cussed by Gray Warren of Minneap-
Clis, taking the place of Theo. Wold
OF the Federal Reserve bank of Min
neapolis who was unable to come to
this city. He discussed the method
C. clearing checks at par.
Rural Credits.
J. w. Wheeler, president of the
Capital Trust Company & Savings
ank Of St. Paul gave an address on
Rural Credits legislation He dis
clssed the rural credit bills which
ere now pending before congress.
Thee bills provide for a farm loan
beard anu { system Of land banks to
lfc, ;aon~ y 10 farmers at a low rate
Of interest There are two bills, the
Gla;s ana Hollis bills, and there are
w:t,> differences.
To State Park.
George E.. Hanscom of st. Cloud
led "round table" discussion on
banking. T. ~
An adjournment was taken shortly