Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1916-09-29
Wilson's Reserve Measure
Imposes Injury ON the
Little Bankers.
CATTLE QUESTION
UNDER DISCUSSION
Tulsa Delegation Plays a
Prominent Part in the
Days Sessions.
X ANsAs CITY. Sept 2s.-congro,.

X ANSAS CITY. Sept. 2S.-Conpros-
n sional Investigation of the live
"lo'N industry including the produc-
uoh' marketing, slaughter and dis
'rlputlon and sale of all cattle. WAS
asked here today in a resolution nre-
sentcd to the American Bankers asso.
citation.
Action on the resolution, presented
ny George r.. Webb of San AnrIeo.
Texas. was deferred until tomorrow.
We face the alarming fact that
Tor twenty years the production of
cattle has not kept pace with the in
crease of population. but has de-
creased In number" II reads. "With
thousands of acres of virgin land be-
ing brought annually under the plow.
we have reduced our annual average
production per acre to about so per
cent OF the production of our virgin
soils, producing today less than half
me average per acre of European
farms. This while yet our nation is
In Its infancy"
To Protect Small Banks.
The fight of tho country bankers
against the collection and clearance
OF checks without charge, recently
promulgated by the federal reserv6
system, was taken to the floor of the
convention. A resolution presented
by Nathan Adams Of Dallas. Texas.
was adopted asking amendment OF
thc reserve act so as To permit small
hanks 10 charge on their clearances.
The discontinuance of the use of
soid as currency. except as reserves
on whlch federal reserve notes might
be Issued. was advocated by w. p G..
Harding, governor of the reserve sys
TOM who made short address. Mr..
Harding declared that the present
gold imports would turn to exports
following the end of the European
war and that by Keeping gold in re-
serve the bankers "woalJ so control
the outflow that the country would
not feel It's effect" He urged cautious
banking methods ito avoid Initiation
or the currency and credit"
To Select Officers.
The nominating oommitte which
met late today will recommend tho
election as new officers tomorrow. ac-
cordlng to an announcement p w
Goebel of Kansas city, Kan, present
vice president, for president and c.
a. Hlnsch OF Cincinnati, Ohio. as Vice
president. Mr.. Goebcl was unopposed
as the successor of James X. Lynch
OF San Francisco. the present incum-
bent. Andrew j. Fran of Waukesha,
Wis. and Robert T. Maddox of At
lanta. Ga, were candidates against
Mr.. Hinsch
Tulsa's banker delegation plunged
into the business routine today with
It's forces augmented by new arrivals
from the oil city In addition to those
In attendance the first two days OF
the convention the following Tulsans
were here yesterday and today:
Tulsans Here.
Il. W Sinclair, president Exchange
National bank, II. +. Sinclair. director
Exchange National bank: o. II Leon
ard. vice president Exchange National
bank. and Mrs. Leonard. A T.. Duran.
director Central National Bank: L. H.
Jackson, president American National
bank OF Sapulpa; Mrs. $. w. Benedict.
who Joined Mr.. Benedict yesterday;
A. T. Alison, cashier Exchange Ma
tional bank. and Mrs. Alison: A. n.
cashier OF the First Ma
tional bank: A. II. kinney Exchange
bank.
Harold wall, who has been in
charge OF Tulsa headquarters, left to-
night for Tulsa. having been called
home by business matters. Mr. Kin
ney will be in charge OF headquarters
FOR the remainder OF the week.