The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1920-01-04

Total resources of the trust COM
panies of Alabama amounted to $685.
694,634 at the close of business June
80, according to Trust Companies Of
the United States Just published by
the United States Mortgage and Trust
company of New York" said Glenn
Gazzam.
1.-THE trust company resources Of the
United States increased nearly 10 per
cent and aggregate s11,15o.44s,os7,
which is considerably in excess of the
total banking strength of the country
less than 20 years ago.
John w. Platten, president of the
United States Mortgage and Trust
company, in reviewing the past years
activities says:
"This, the seventeenth edition of
Trust Companies of the United
States" and the first to be issued after
the close of the war, provides an ap-
propriate medium for brief mention of
the achievements of the trust COM
panies in their relation to the great
conflict.
when this country actively en-
tered upon hosti1ities the trust COM
psnies responded with prompt decision
and patriotism to the needs of the
hour. Contributing very largely on
their own account to the success of
the five great loans, they exerted a
powerful influence upon their clients
and friends to the further great as
sistance of the government. Their
support of other war measures was
likewise of inestimable and immediate
value as was also their cooperation
in the distribution of War Savings
Stamps and the encourage cement Of a
policy of thrift"
Short ON Presidents 14s
An attache of the federal building,
who. like many of his workers, is
rather bashful about seeing his name
in type, nevertheless told the follow
ing anecdote and is prepared to back
it up. should the occasion arise:
'tThey were two fine looking fell
lows. of Mediterranean vicinity extrac-
ton, and evidently brothers. The elder
one had taken out his first papers and,
with much pomp, was trying to secure
the same status for his younger
brother.
''They made what looked like a
triumphant march into the office and
stood ready for questioning.
WHO was the first PresidentT the
young man was asked
Promptly came the answer, McKin-
nala'
"No,' replied the clerk, you will
have to try again
Brightly answered the applicant
Rosavela.'
Sorry, old fellow the clerk said.
but I'm afraid you haven't studied
enough
"Disconsolately the two men went to
the door, and when they reached the
hall the older brother was heard to
say:
You foola. McKinnala no first-a
pres. Georgia Wash Ginral first-a pres;
McKinnala secon' pres, Rosaveela, he
comma mex"
Should Make Appropriation
Il am spending a few days with
friends in Birmingham" said Ralph
Whitaker. business man from Flor
ence. Florence is also becoming one
of the important towns Of Alabama.
Its rapid growth keeps pace with the
huge government developments at
Muscle Shoals and Wilson dam, ada
cent to Florence. The whole state of
Alabama will profit by the develop
ments by the government on that sec
ton of the Tennessee river
1T is to be hoped that Congress will
appropriate the s12,o00.000 recon-
mended by Secretary of War Baker to
be used in the conversion of plant No.
: at Muscle Shoals into a fertilizer
manufacturing plant. The farmers
have petitioned the government to con-
vert this plant into fertilizer manu-
featuring plant SO they may obtain
this high-grade material at cheap
prices. and as cheaper fertilizer in
abundant quantities such as can be
produced there would be a factor in
producing farm products at less cost
1t is believed the government will
carry out the recommendations OF the
Secretary of War, who has visited the
Muscle Shoals section and has first
hand information of the wonderful
possibilities there
Master of Subject
'The speech of Senator Underwood
at the Tutwiler hotel Friday night was
one Of the ablest / ever heard" said
c. H. Pearson. Every word he said
proved that he was master of the sub
ject he was discussing. and his ex-
PLANTATION of the provisions of the Cum
Minis railroad bill were SO clear and
simple that anyone could easily un-
derstand. The deliberate manner in
which sAnator Underwood speaks. the
thorough way in which he analysed
his subject, and the forceful manner