The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-27
PATRIOTISM RINGS
IN BANKERS RANKS
Convention Goes Wild Over
Word Of Pershing's Ad-
vance in France.
BREAKS UP MILD ROW
Financiers Pledge Every Re-
source Needed for Speedy
and Complete Victory.
Special Despdtch TO TUE Sex.

CHICAGO, Sept 26.-News of the ad-
vance OF Pershins's soldiers contained
on a bit Of ticker tape. turned the forty
fourth annual convention of the Ameri-
can Bankers Association. with Its thou
sands of delegates assembled in the
Auditorium Theatre. into a patriotic
jubilee to-day.
That strip Of typed paper blotted out
Instantly and utterly an internecine row
which was raging over proposed changes
in the organizations constitution. 1t
turned that wrangle into q thunderous
storm OF Americanism. It shot a CABLE
gram OF cheer and faith to Gen. PERISH
ing and his fighting boys in France. It
brought, too. another formal pledge
from more than 1000 delegates, rep
resenting the whole financial ma
chiery OF America, to make their sole
business that of whipping the Kaiser.
II brought further another pledge that
the impending Fourth Liberty Loan IL to
be the most forceful and record break
ing expression ever recorded by free
people to provide every dollar, every
resource, every energy, every sacrifice
needed for speedy and complete VIC
tory over Prussian autocracy.
The argument over contemplated con-
titutional changes had been on for
hours. Harsh words had been passed.
The Hun issue had crept in by in
situation. Then, handed the bit Of paper
by messenger, President Charles A.
Hinsch silenced the uproarious debate
by the fury Of his gestures and read that
bulletin.
In an instant the big audience. banked
up beyond the tiers Of boxes, was on its
feet, handkerchiefs waving. and as the
band from the Great Lakes Naval
Station swung into "over There the
whole assemblage took up the words of
this American victory song in chorus.
Guldons marking seats Of the sections Of
the various State delegations were torn
from their fastenings and waved aloft.
Flags of all nations. released from their
decorative adjustments, became waving
clouds OF color in the hands OF cheer
leaders Of the singing. shouting enthusi-
asts, whose feet beat out. too. a thunder
Gus tattoo. Amid the slightest luil this
resolution was offered:
Send a cabiegram to Gen. Pershing
vo!cing our faith in him and his boys
and expressing the hope that this, big
drive may be the beginning Of the very
end OF the Hum
the motion was made official without the
"Nos' even being called for.
Vote Against Amendment.
An attempt to amend the constitution
~ the association 90 that investment
bankers. mortgage companies. title, A.
delity, casualty and other surety COM
psnies would hereafter be associate
members of the organization and would
not have the right to vote was defeated.
These companies which include build
ing and loan concerns and the Morris
Plan companies will retain their present
status. as will also Canadian bankers.
who have been associate members. but
who do not. however, exercise the power
OF vote.
number OF changes were made to the
constitution. including one which may
have An important effect in obtaining
future legislation by the members. 1t
provides that where two sections Of the
association cannot agree on proposed
legislation the question will be sub
mitted TO a committee OF the main body.
II this committee Is unable to adjust the
differences the section requesting the
new law must ask for It as individuals
and not as representatives OF the Ameri-
can Bankers Association.
Charles A. Hinsch, president Of the as
rotation in his address pledged the for
tunes and lives OF its 1903 members TO
continue the war until the last armed
German Is beaten to earth and a victori-
Gus peace assured.
Reafirrling the loyalty OF the nations
bankers to President Wilson in his prose-
outiOn Of the war. he declared that they
will keep on fighting, mot to the last
dollar but TO their last unit or credit"
The mission OF America, he said. is to
carry the gospel Of freedom to the ends
OF the earth, and added that mo peace
that Germany will approve will satisfy
America We must not conclude q nego-
uated peace. Nothing should be consid-
cred but an unconditional surrender"
In It's prosecution Of the war. Mr..
Hinsch said. the Government. instead of
restraining business, Is encouraging II,
and he expressed a hope for a continual
ton OF this policy after peace. "Out Of
the chaos into which the nation was
plunged Is coming the semblance OF or
der" he added.
Americans are following their natural
creative bent. They are working for new
eends-to produce what is needed for the
Joy OF it as we'll as the necessity"
Pointing to the $4,000 banks enrolled
as selling agents for the sale OF war
savings and thrift stamps and their part
IN marketing ten billion dollars worth Of
Liberty bonds. he predicted that the
habit Of thrift developed by the war
would convert a nation Of spenders into
nation OF savers"
Sonpartisan League Scored.
Speaking OF social conditions, Mr..
H.nsch said that the "so-called Nom
partisan League Is the extreme mani
iestation OF unrest. The avowed pur-
bsse OF this organization. now strong in
sixteen States, Is political control by a
class for class and cooperative selling
and buying.
They are too shrewd TO launch a new
pohtical party: their scheme Is to secure
for;rol OF the dominant political party
o' the city. county and State where they
are operating. With the millions at their
disposal, this plan has been easy OF ac-
compl'shment, and they are now prac-
rHa,ly In control OF the State OF North
DAKOTA. This movement should be
'urbed before IL assumes the proper
IONS OF prairie fire.
The new era for business Is not
going 10 begin when the war ends; II has
already begun" he said In conclusion.
lh!s country stands firmly committed
70 great policy OF commercial and in
ousirial expansion. IL this IL not our
noAcy. We must admit we are willing to
surrender our position in the world and
!apse into state OF a second rate and
oecadent nation.
Inc maintenance OF this position de-
mands OF US an assembling OF our forces
ana coordination OF our efforts not