Evening journal., 1919-09-05

lAAiN - NNttuis Hiih lhAtliA
Resolved. That we recommend TO
the Delaware Bankers Association the
adoption OF such measures az. In the
judgment OF the association, VIII facili-
tate the qualification and entrance int
the system OF all banks and trust com
panies in the State"
The recommendations were approved
and the officers Of the association In
cooperation with the committee, were
/ Instructed 20 take such action as they
may deem proper 10 carry out the
recommendation.
Robert NJ Miller, Jr., assistant cash
Ter Of the Federal Reserve Bank OF
Philadelphia. spoke on state Member
ship I'm the Federal Reserve system"
He was followed by George B. Allen.
Secretary OF the State Bankers Section
OF the American Bankers Association
on Constructive Cooperation"
The report Of the committee on az
riculture was presented by Daniel w
COrhl, OF odessa, who declared we
are too pessimistlc. He spoke OF the
discovery Of coal at the time a differ
ent fuel than that Of wood was needed.
and the sudden increase In the use OF
the by products OF oil, gasoline. 1--WE
have outgrOwn the horse and mule
stage and we are now enjoying the
convenlences Of the electrical age" he
said
The report contained the following
recommendations:
Resolved. That this committee sub
NIT the following recommendations TO
the Delaware Bankers Association:
81. That the association encourage
the development in Delaware OF boys
and girls agricultural clubs by advis-
ing IFS member banks 10 loan money on
interest bearing notes 10 reliable boys
and girls forming such clubs.
III. That the association request
each member bank TO contribute ten
dollars toward free scholarships in the
club week courses arranged for by
Delaware College. thus providing an
educational week under competent in
struclors i'm the various farm and home
projects: Il beining understood that, I'm
cooperating with the director Of agri-
cultural extension OF Delaware College,
the United States Department OF Agri-
culture and the County Farm Bureaus,
the Club Department Of the college will
certify to the association a list Of club
champions eligible, on the basis Of
achievements, to receive such scholar
ships, and that, insofar as practicable,
the scholarship Of each bank will be
awarded 10 a local club champion: and
further, that the president of the asso-
citation, or the chairman OF the COM
miltec on agriculture. shall award
these scholarships TO the club cham
n.Hs. nnra 10 a.N
Delaware College
IlI-That the association cooper
ate with the County Farm Bureaus in
supplying farmers with farm account
books. and that member banks be re-
quested TO purchase these books and
present them 70 their farmer patrons
without charge.
"'IV-That the association bring 10
the attention OF member banks the
great value Of the "Banker-Farmer,"
as a publication containing valuable
information for both bankers and far
mers, and recommend that the banks
subscribe for this publication for their
own use and for distribution among
their farmer patrons.
"'V-That the association encourage
the use OF pure bred slres and that
member banks, wherever practicable,
loan money on interest bearing notes
TO farmers who desire to purchase bet
ter live stock, and who are cO-operat-
ing in such work with the County
Farm Bureaus in their respective To-
calities.
"'VI-That the association recon-
mend member banks. and particularly
svs 40 all in
their Offices exchange and bulletin
boards for use in announcing farmers
meetings. sales OF live stock, grain and
seeds. and in the distribution Of farm
publications.
'VII-That the association urge
upon the member banks the great inn
portance OF more liberal credit TO our
young farmers who give promise OF
success. in order that they may con-
duct their operations with larger profit,
se young men having already
demonstrated their ability and re-
sponslbilty, even under the limited
credit now allowed them, and having
shown by the results they have at
tanned. that. with greater assistance
from the banks, they can accomplish
very much more.
'VIII-That the association take
notice Of the serious situation con-
fronting the Delaware farmers as re-
suit OF the loss OF wheat and other |
crops from the recent severe storms, |
and recommend 20 member banks that
they assist the farmers in their re-
spective communities TO, obtain the |
supplies and equipment Tor
next years operations"
The report was adopted I'D the Of |
ncers OF the association, in cooperation
with the committee, instructed to take
such action as they may deem proper
10 carry out the recommendations.
NJ. O. Peirce OF Delaware College, in
speaking on 'The Delaware Farmer"
declared there was no need TO apologize
for the Delaware farmers, as they al
ways deliver the goods.
The report OF the committee on thrift
and savings, presented by Charles ;.
Conwell. was as follows:
Your committe on thrift and sayings
reports that at Joint meet
ng OF this committee and the commit
lee on education, held in the directors
room OF the Equitable Trust Company,
Del, August 80, 1919, the
following resolution was unanimously
adopted and referred to the association
'or action thereon:
Resolved, That this committe on
thrift and savings recommend that the
Delaware Bankers Association at Its
annual meeting strongly urge upon our
people the Importance Of the elimina-
ion OF waste and the necessity OF
thrift and savings as the only basis
ipon which our prosperity can be per