The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-07-12


Following a red-hot session this
morning at which ]. =. Phelan OF
Bowman, retiring president of the
North Dakotz Bankers aaeociati0ns
attacked members OF the resolutions
committee, the resolution, protesting
against the stamp tax on checks over
IS, was rejected.
The battle occurred after II. p.
Beckwith of Fargo, chairman of the
committee, had completed reading
the resolutions, the stamp act section
being qualified that the tax should
include all checks II congress should
see fit to pass the proposed bill.
Chairman Beckwith stated on be-
half Of the committee IL the tax was
imposed only on checks over IS that
many bills Of SO or SIS and the like
would be paid in checks Of denomin-
ations under five dollars, causing q
big waste of paper, further work for
the banks and that It would not be
in the spirit Of conservation.
Resolutions Adopted.
The resolutions were adopted by q
rising vote of 3s to 80. It was then
that President Phelan took the
copies off the table of the secretary.
and denounced such tactics, charging
members Of the committee which
he appointed with being un-Ameris
can, possessing no backbone and de-
claring his regret at having named
them.
His denunciations resulted in q
motion being made, and which carr
ried, that the section Of the resolusa
ton relating to the stamp tax be con@
sidered separately. The hght then
Mr.. Phelan, the former informing
the president that the members OF
the resolutions committee had az
much red blood as Mr.. Phelan ana
that the imputations hurled at the
members of the committee wera
false. Mr.. Beckwith was loudly
cheered and applauded at the con-
clusion of his remarks.
On a motion Of delegate that the
resolution, relating to the tax, be re-
jected or eliminated from the other
resolutions. a second came readily.
Mr.. Phelap then apoiogixed I'd
Chairman Beckwtth, and the latter
asked that the statements made be-
tween the two be expunRed from tIaa
records Of the meeting SO as not f0
appear in The North Dakota Banker.
the Official publication OF the bank
er's association. Put to q vote, the
motion carried.
Nominating COMMITTEES Rspcrtm.
HS EEpOAN DA TIE WA1kAAAn&IANK come
mittee was then read AS 1t has beer
the custom OF the association for
years to advance the vice president
to the chez office, C.. R. Green. vice.
president OF the Merchants ana
Farmers bank OF Cavalier, was an
the acceptance Of the report, elected
to the presidency, and j. L. Bell Of
the First National hank of Bismarck.
to the office Of vice-president. The
executive committee reappointed wv.
G. Macfadden of Fargo, secretary.
and w, T. Hanks. cashier Of the state
Bank Of Powers Lake. treasurer.
The bankers early this. morning
adopted resolution by q unanimouN
vote that the matter OF co-onerafior
with the federal farm loan bank -
handled by the executive council The
motion was made BY Ed Pierce 81
Sheldon. N. u.
Circus Gives conpetition.
At the opening OF the closing day
Of the convention this morning II We
very evident that The. bankers rera
running in opposition 10 the Bnrnutt
e Bailey circus. Ont of the $40 dele
gates who had xeRfAfered 10 ~ ia
o'clock, about 20 were Ia Attcn8anre
at the business session. hin was
evidenced by the standing vote on
the resolutions which was as 10 40.
Mandan. Valley City and GFnna
Forks were the cities that bid for
the convention houors for 1slS.
F. Crawford Of Eentinn* Butte. who
arrived in Fargo this morufnu nnd
was one OF the last 20 register. ear-
ried the fight on the floor Tor tha
selection Of historic Mandan. a. -
termed the city. for the 1918 con
vention. =. ]. Farley OF vallev rlfr
then made n plea for that effv
Grand Forks did not enter the fonv
lE.orAln.-a. = -