Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-11-11
BIG F|NANCIERS
ATTEND OPENING
Many Kansas City Bankers
Present for Dedication of
Newest Edifice.
ARE ENTERTAINED AT NOON
All Glowingly Praise Tulsa ;
Oil Capitals Future Pros
poets Are Bright.

Representative Kansas City finan-
oiers, who represent the destinies of
the most powerful banking institu
tions of the Missouri metropolis vis
tied Tulsa yesterday to be IN attend
ance at the opening of the new home
of the Exchange National bank, which
Is by far the most pretentious and
elaborate banking house in the state.
At noon the local Clearing House as
-sociatlon entertained the visiting
bankers with luncheon at Hotel
Tulsa.
Tulsa's past, present. and future
were discussed during the course OF
the luncheon and nothing but praise
OF the most glowing character for
the efforts of local town builders was
voiced, and the future prospects Of
Tulsa are. indeed. of the most encour-
aging character, said those financiers
Who for the most part. have reviewed
the progress Of the world oils capital
from the distance.
Kcmpcr Present
Prominent among those visitors who
remained but for single day was w.
Il. Kemper. chairman of the board of
directors of the Commerce Trust COM
pany, the Southwest National Bank Of
Commerce of Kansas City, and presi
dent OF the Kansas City, Mexico &
Orient Railroad Co. In this respect
II might be said that these two bank
ing institutions are the largest in the
state of Missouri, enjoying combined
desposits in excess of $1OO O,OOO. 900.
In the person Of W. S. McLucas.
p, resident Of the Commerce Trust COM
pany OF Kansas City. Tulsa and tho
oil fields of this section have found 4
friend. For the past ten years he
has been making a careful survey OF
this city and the oil fields, OF banking
cooperation with oil industries and
has been largely responsible for the
recent friendly attitude of the Kansas
City banks toward this industry.
At a luncheon held at the Ketchum
hotel and attended by local and visit
ing bankers. j. c. Nichols. town
builder. who developed $500 acres
of wonderful residential district OF
Kansas City. addressed the men gath
cred at this luncheon. speaking at
some length of the need of foresight
at this time in building the future
Tulsa.
Time is Now.
Now is the time" he said, "to start
building your Tulsa OF tomorrow.
There may be some one who will laugh
at this statement but those who
would ridicule this contention have
only to look upon New York and to
consider the condition of the nations
foremost city.
New York laughed at similar
suggestion when 1t was a struggling
village of only sixty thousand souls.
Today Gotham is paying the penalty
of lack of foresight by spending mil
lions upon millions of dollars that
could have been saved had the city
built right at the right time"
Mr.. Nichols Is the developer Of the
Country Club District" in Kansas
City, known thruout the United States
as a model in scientific development
In home sites. He Is vice-president OF
the American Civic association and
of the National City Planning confer
ence of the United States and Canada.
Other prominent Kansas Cityans
who were in attendance were Robert
+. Brewer, vice. president of the South
west National bank of Commerce aud
until recently president OF the First
National bank Of McAlester: Frank
Walker, special representative In Ok
lahoma Of j. c. Nichols country club
district properties; George b. Lon
gan. city editor Of the Kansas City
Star. who has made frequent trips
to Oklahoma for the purpose Of bring
ing his paper III closer touch with the
oil situation.
j. l.. Cross, vice-governor Of the
Kansas City federal reserve bank, was
a member of the party and stated that
1t was his belief that local banks can
arrange to get their oil paper into such
shape to be accepted more freely by
the federal institution. j. w. Perry.
president of the Southwest National
bank Of Commerce and president Of
the Kansas City Clearing House asso-
ciation, also addressed the bankers.
The private car of President w. T..
Kemper was utilized In bringing the
visiting bankers to Tulsa. All were
accompanied by their wives, who were
entertained by Mrs. Earl w. Sinclair
during the afternoon aad evening.
Williams q Harvey Nursery. Fifth
and Main.-Adv.