The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-07-11
BANKERS GATHER
TNANDAN TODAY
IN ANNUAL Meet;
MANY ATTENDING
Annual Reports Of Officers
Feature First Session
This Morning


Mandan, N. D.. July 1.-THE six
tenth annual convention of the
North Dakota Bankers association
opened here at 10 o'clock this morn
ing. At the hour Of opening the
registration indicated that this years
convention would be one OF the
largest ever held in the state.
The meeting was called to order
by President G. r. Green, Cavalier,
and invocation given by Rev. Hugh
H. Owen. of the First Presbyterian
church, of Mandan.
The entire audience then rose and
sang America"
Hon. w. H. Stutsman then gave
the address of welcome on behalf
of the Commercial club and the citi-
zens Of Mandan, which was respond
ed to by Hon. Wesley C. Mcdowell,
OF Marion.
The annual address Of the presi-
dent of the association was then de-
uvered.
The reports of the following COM
mittees were made at 2 o'clock, the
hour set for the hearing of reports
Of all standing committees: Credit
forms, farm labor, insurance, i'm
migration, bank education and taxa
ton.
The report that is being given by
far the most consideration by the
members of the association at this
session is the report Of the COM
mittee on immigration. This matter
has been given much consideration
in the past but no definite plan has
ever been worked out. The bank
ers, however, feel that the time is
ripe that some action be taken, and
not only that, but that the need is
imperative.
Secretary Macfadden in discussing
this matter in his annual report
which was submitted this morning
says:
The crying need in North Da-
loota 10 more people and more CAPT.
tai.
Just as capital may be driven out
of the state by bad legislation so has
immigration been seriously affected
by the reprehensible manner in
which new settlers have been hand
led by many land selling companies.
A new settler cannot become an en-
thusiastic booster for North Da-
kota when he finds after he has pur-
chased property that he has paid an
exorbitant price for his land and
that all his cash capital has gone into
the commissions paid the real estate
dealer"
The subject of immigration upon
which the bankers have been work
ing for some time has been thorough
ly discussed this year at all of the
group bankers meetings over the
state and it is certain that some
plan viii be adopted whereby salts
fed settlers can be located in North
Dakota.
At the close of the discussion on
the committee reports an address
was given by Jerome Thralls, of New
York city, who is the assistant sec
rotary of the American Trade Ac-
ceptance council.
During the afternoon the wives OF
tho visiting bankers were entertain
ed at the Mandan Town and Coun-
try club. Luncheon was served and
a musical program given.
At 3:15 o'clock Mandan autoists
took the visiting bankers Tor an auto
trip around the city and to the var
tous points Of interest in the i'm
mediate vicinity. Among the places
visited were LilS NOL LuSLA vi Cd !
Plains Field station, the agricultural
experimental station Of the United
States government, the state reform
school and Old Fort Lincoln.
This evening at 7:15 o'clock the
local bankers, through the courtesy
of the state council of defense, will
show the film "Pershing's Crusad-
ers" at the Palace theater and after
the show the annual ball will be
held at the Elks hall.
Tomorrow a strong list of ad-
dresses will be given by the follow
ing speakers: A. r. Rogers, chair
man of the Ninth district Liberty
Loan campaign; c. A. Hinsch, presi-
dent of the American Bankers as
ISOLATION; DIR. Thomas F. Kane,
president Of the university Of North
Dakota; Professor F. E. Lurton,
superintendent of public schools of
East Grand Forks, Mimi; Hon.
Theodore Void, governor Of the
Ninth Federal Reserve bank and
Joseph Chapman, vice president Of
the Northwest National bank Of Min
neapolis.
The election of officers and the
choice Of a meeting place for next
year will come up for consideration
Friday afternoon.
secretarys Report.
At the morning session today Of
the North Dakota Bankers associa-
ton Secretary w. c. Macfadden, Of