Evening journal., 1919-09-05
Continued from Page one.


boat.
President ROssell, after a few words
OF greeting, in which he expressed
pleasure at seeing such large glther-
ing present. read his annual report.
On motion Of Walter o. Honecker, OF
Smyrna, the report was accepted and
ordered filed. with the approval and
adoption OF the recommendations there
in expressed.
The following resolution, tribute to
Delaware soldiers and sailors, was
passed:
Resolved. That the Delaware Bank
crs' Association, assembled in annual
meeting at RehobOth, Delaware Sepiem-
ber :. 1919, reverenily offers its tribute
OF highest admiration and deepest af-
fectiOa 60 the memory or the brave
sons OF Delaware who, responding to
the call OF their country, enrolled them
selves in its service and made The su-
preme sacrifice OF their lives, that the
honor OF the nation should be upheld
and the sacred cause Of human rights
vindicated. They have passed TO the
great beyond, but we who live after
them will ever keep them enshrined in
our hearts. And TO the wives and chill
dren. the fathers and mothers, who
mourn these noble dead. Ne tender our
hearllest sympathy. and bid them feel
that their irreparable and sOrr0wful
loss is a glorious sacrifice for justice
and righteousness that VIII bring to
them and TO an mankind the eyerlast-
ing blessings OF heaven"
The following resolution Of Sympathy
for the farmers who have recently suf-
fered heavy crop losses was also ap-
proved:
Resolved. That thc Delaware Bank
ers' Association assembled i'm annual
meeting at .RehobOih, Delaware, sep
tember 4, 1919, expresses its deep SYM
pathy for the farmers who have suf-
fered such severe losses in the deslruc-
ton OF their crops by recent storms
and other adverse circumstances. and
tenders them the assurance that every
assistance that can be properly rem
dered them by the members Of this
association will be cheerfully given
"The state Bank Commissioner was
the title Of an interesting talk by State
Bank Commissioner George L. Medill.
After expressing his appreciation OF
being chosen the FIRST banking commits
sioner Of Delaware, Mr. Medill added:
while 7 am deeply grateful 10 the
governor for his expression OF con-
fldence. am not unmindful Of the re-
sponsibilities attending the duties that
devolve upon me, and it will be my ut
most endeayOr 10 carry out the pro-
visions Of the law I'm such way as will
prove hopeful 10 the banking interests
OF the State and inspire in the people
at large that confidence I'm the ilnan-
cial institutions Of the state. that is
so necessary for them 10 attain their
fullest degree OF service and prosperity.
Il want to say That 10 will be the
policy OF the state. through The bank
commissioner. representing the people
at large. without trespassinG upon the
rights and privileges OF any instiiu-
iiOns. TO exercise the fullest supervision
necessary TO assure sOlvency, and so
licit the cordial cooperation OF all Of
ficers and directors in the performance
Of this duty. I have established by Of
fee in Dover and have completed the
organization Of the department by ap-
pointing c. :. Rice, Of Wilmington as
my deputy. and II. w Horsey as clerk.
These gentlemen came highly recon-
mended and have demonstrated their
fitness and ability in the work. We
have started our examinations and hope
10 cover the ground as FAR as possible
before The end OF this year.
Heretofore in Delaware supervision
Of State banks, trust companies and
building and loan associations has not,
for one reason or another. been as
thorough as could have been desired.
Under the provision Of the new act we
expect 10 make supervision effective
md Of some material service not only
% the banking institutions Of the state /
lut TO the people at large, upon whom
n the last analysis the prosperity OF |
he banks depends And I again ask |
or your helpful and hearty cO-opera- |
ion 10 this end"
Secretary William G. Taylor announc-
,d that he had no written report but |
hat he had attended 10 the duties Of I
lis office during the past year and that T.
he minutes had been kept OF all Of the .
meetings. Mr. Taylor is making his I
'eport as treasurer announced receipts I
or the year ,Of si,iSi9i: expenses, /
6is66: balance in hand Ss3625.
Following the reading Of the report I.
General George H. Han. OF Milford, 1
isked Mr. Taylor: Have you had your
salary raised during the past year.?'
No" replied Mr.. Taylor.
Have you struck for more wages ?" !
asked General Hall.
Mr.. Taylor again replied In the mega
tive.
We'll" responded General Hall, "as
you have not had an increase in wages
and have not struck for more pay ]
move a vote of thanks"
Amid general laughter The motion
was put and carried
The report Of the committee on edu
cation was presented by Eben B. Frazer.
Of Newark, as Alfred A. Curtis was un-
able TO be present Mr.. Fraber advo-
,ated the endorsement OF the school
:ode. urging that it be given a trial
before being condemned. and declared
hat IL was a step in the direction OF
advanced education. The resolution
follows:
Your committee on education re-
spectfuly reports that at Joint meet
ng Of this committee and the commit
ee on thrift and savings. held in the
directors room OF the Equitable Trust
company, Wilmington, Del. August 10.
1919, the following resolutions were
adopted and referred to
ne association for action thereon:
" Resolved. That the committee on
education Of the Delaware Bankers
association hereby puts itself on record
IS standing for everything modern and
in our education system;
"'Thatoit believes the new school
,ode Of 1919 should he given a fair trial