Milford chronicle., 1919-09-12
DELAWARE BANKERS
TAKE A FIRM STAND
THEIR MEETING AT REHOBOTH WAS The
MOST IMPORTANT HELD IN QUAR-
TER OF A CENTURY.

Taking a firm stand for the extern
sion OF education in the State and
pledging its resources to aid in the
work as a solemn duty to make con-
ditions such that no child in Della
ware shall be deprived Of the oppor-
tunity Of receiving proper training
Tor its life work; declaring for inn
provement in State finances and for
the inauguration of the budget system
in State, county and municipal tinanc-
ing; also declaring in favor of every
banking institution In the State be-
comMg affiliated with the United
States Federal Reserve system and
pledging the member banks individ
ually and collectively to back up the
Federal government in the great work
OF reconstruction following the world
war, the Delaware Bankers Associa-
tiou in session at Rehoboth last week
concluded the most important meeting
in its quarter of a century history
The officers reelected for another .
year are as follows: President, John
S Rossell Of Wilmington; vice presi- t
dent, George NJ Jones Of Dover; sec d
treasurer, William G. Taylor of
Wilmington, and named Harry c. Dar- Q
bee Of SeafOrd as the member from
Delaware of the executive committee
of the American Bankers Association d
Presidents Address Cheered It
The address of President Rossell o
was received with applause, especially ~
that part with reference to education 4,
al conditions in the State and the ~
pledging Of the Association in their i,
betterment; also his statement that I'
membership Of the Delaware Bankers =
Association included representatives ~
from every banking institution in the ~
State. AZ
Frazer Urges New School Code mr.
The report Of the committee on ed A
ucation was presented by Mayor Fraz- jol
er of Newark. 1t said that the new
School Code should be given a fair tw
trial in the State; that the bankers E.
of the State should cooperate in as
similating bonds issued for school con- an
struction; that the bank directors and on
officers of the State should assume
position of leadership in all matters Sid
pertaining to education. The commit Of
tee recognized gratefully the splen- itet
did gift of P. S. dupont for the up- Eli
building Of the physical properties of La
the school system. and recommended {
the establishment of a chair of bank ent
ing in Delaware College. Aul
p. S. DUPONT Tells of School Needs Mr..
At this point P. S. dupont, who was l. a,
present, was introduced by the presi- bo,.
dent Mr.. dupont referred to the New @ 10 y
School Code and the Importance of b. b.
having it receive fair trial in the NJ
cda le oSad eSlu oi .ae Ieaeures OF the vs
HHrp T..
some one body in the State charged n
With the responsibility of looking af- Pln ~
er the educational interests of the ~ =
State. Under the new Code. the State ~. !
3Oard is responsible and if there is ~ ~
allure, the people will know where paa, ~
o place the blame. He said a survey hSs. es.
lad been made of the larger schools @
# the State. and that the report was SOli a,
eady for distribution. The report on ~ "
he smaller schools would be ready ~
ONE time in October. He asked the D.,
lembers to get these reports. read 1r
hem, and see if they stated conditions. s,l!
nd what was necessary to remedy ex- -
sting evils, and report to the State 60. SI.
oards Mr.. duPonts talk also had III W
aference to the taxing system of the IS
tate, the loose methods in which - ~ J
eretofore had been responsible for 10
he lack of educational facilities in pe epeH
le State. Under the system prevail NJ ~
g heretofore it has not been possible WI
have an efficient school system. lel'
The thanks of the association were 1ei
ndered Mr.. dupont JeIs'
Ex-Governor Charles r. Miller pre- MI
nted the report of the committee on vi MIS- 3
ate finances. The report said it was , sIsIIt
e sense of the committee that State "eeA 5
lances could be managed with the M,
eatest care and strictest accuracy. T,i.aII an
budget system was recommended .iIiS
ID the association was asked TO take ouIu' ,L.
en- acton as would aid in the adop- ,o-', us
N Of better methods. lege
Mr. Miller said rns+to.. ,..s..., Mis-
3 committee would bo++o - Gu u Baker
on at meatine ~ De report Mr..
mid he baId ~ oai' Nnlch Mrs
citing Of The legislotnro , "99IeI 9a tne Quille
TO methods in sac,,-i,,a. motor
preparations and eIso 80 les islative Tho
es during the last five years. These On 81
1 largely increased, and might nm al
the supposition the increase wou1d was Il
maintained. lead to extravaganza in one II
Dropriations. ness
larenee c. killen told of the work n ~ 1, u
commission in the survey of -, - n.
te, county and municipal finances WIZ p
spoke OF budget system for Del MI.
IRE. The commission is making : daughl
iy of the subject. W5eh
Constructive CO-Operation ,ars " . !
ne of the best talks Of the meet dence.
was that made by George E. Allen with {
'etary OF the State Bankers Sec since
OF the American Bankers Asso- her hu
ion. He spoke on "Construetive Miss
Operation and referred to the fol- school
I bankers falling out among them Rev.
es. He referred to the 16 to fall hcildre
, which came dangerously near August
g put over because so many bank Mrs.
could not show up its folly He spent
there had been and was now foo and he
Il pessimism-a feeling that we The
on the highroad to hell-one Evans.
bic was that the country had adj Evans.
ed so much faster materially that Nd, to
I'd spiritually and morally. Rev c
+. Corbit, in presenting the re- formed
OF the committee on agriculture. Mr..
It was trite saying but never child OF
'ss true, that the prosperity of Daisey
country depended upon the pros
y OF the farmer. He referred to
'reat assistance rendered the com Il
'e Dy the government agents
y. Pense, county agent at Della There
college, spoke Of conditions Bloomel