Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-23
BANKERS WILL DISCUSS
CLEARING OF CHECKS
CONTINUED From First pageJ

Continued From First Page
of the problem. deal, with il in neutral
vein
The rcccn; announcement OF the
Federal Reserve Board with reference
To the check clearing SYSTEM" said Mr.
Tiffany. rs the most important one
or this year. This doubtless will meet
with strong opposition from some quar-
tiers. because of the loss of exchange to
country banks and the disturbing OF
present mutually satisfactory relations
between country and city correspond
cnis This subject will probably be
discussed by our members at this ses-
sion.
We ali realize that no law, however
good. can be passed that will be perfect
in all it's details. Some of the pro-
visions Of the Federal reserve act
already have been amended believe
we should cooperate in every way
possible with the trainers of this law
ana with those whose duty it is To
carry IL into effect. We wan, ,h.
system TO be made so attractive tina,
every state institution will want tn
become member, and. not tho lens,
OF these attractions. satisfactory
clearing Of checks"
MI iiHahF spoke TO an asscmblage
% between 200 and 900 bankers and
their friends gathered AT the Chamhcr-
lin from every section of Vir-jnia
majority OF the 377 banks that max.
up the membership of the association
were represented by their major ON.
81
tF-third annual meeting Of the bod,.
to order at 1890 O'Clock this morning
The registration Of delegates and yisj-
tors on the opening day gave promise
OF the best-attcnded meeting i'm IN.
associations history.
The war cloud that hovers over m.
Mexican frontier cast it's sinister
shadow over several OF the scheduled
addresses. and speakers paused in their
discussion of banking subjects to take
patriotic notice Of The national cri.is
ohe OF tho noteworthy uttcrancc. came
rom W. - Harrison. vice president,
c. INC St Louis Cattle Loan Companv
Oh 81 Louis, No. formerly editor q,
/" prominent Republican newspaper
3 TOUCHES On PRESENT
POLITICAL CAMPAIGN
"a C
Contribution and Its Lesson for ~
Day" Mr.. Harrison admon;sb.d 49,.
; pahkers OF Virginia and the bankers
Of all other States to imbbe ,row
some "f the stern public virtues Of m.
early Nirginians, who founded on ri,
continent A government dedicated m
the service Of mankind ana human
liberty
We. the people Of tho 1-,i,oa
+ states, are just entering upon ma
Hoh "id" contest between nnlitic,I
pa''cS Tor The control OF this goverr
'heh'' said My. Harrison "Ar OF us
''e interested in this campaign On
the threshold of this quadrenDial con-
. TEST II may not be inappropriate IN
empty me moss-covcred bucket. over
moving with campaign claptrap and
lower II into the cvcr-cooling and ro-
'reshihs spring OF Virginia statesman.
snip to draw forth few drar,s
mat may cause US 10 consider more
HiSpaSstonately and with broader vi.u.
the issue of the hour.
me papers this morning bring us
news OF the bloodshed on the Mcxican
h"'der. None of us knows whero ,bis
may lead But. whatever bc orr nro,
cFencer and convictions with regard
10 IN" two candidates nov before tho
nation W" do know that the precid.r,
OF the United States has exercised nm.
m!s'akahle patience and much forbaar
hncc IN trying TO stavc off hosti1i,;.s
II c"nnict come, and our soldiers mus,
invade Mexico and give battle we will
KNOW that they 90 as standard hear.
cFs "f reason and right, and as such
INC ''od of Nations will watch over
them