The Washington herald., 1920-10-17
MONEY KINGS
FLOCK TO D. G.
FOR CONGRESS
5000 Delegates Represent
ing 10000 Banks Meet
Tomorrow.
GIGANTIC PROBLEM UP
Transportation, Credits and
Big Business Financing
To Be Discussed.
GIGANTIC PROBLEM UP

rdSeu with suCH prODleUls OIL ma
tional import as transportation.
credits and big business financing,
ard with par clearance coming to an
issue, and the prospect of the asso-
citation making clear it's attitude to-
ward tamperers with the gold sys-
tenn, the forty-sixth convention of
the American Bankers Association
Convention, which opens in Wash
ington tomorrow morning, promises
to be the years most important and
eventful business gathering.
Practically every one of the more
than 5000 delegates, representing at
least $4,000. banking houses, from
every State in the country and the
territorial possessions, will have ar
rived in the city by tomorrow morn
ing. Registration of delegates from
Canada, Hawaii. Alaska, Porto Rico
and Cuba has reached a sufficient
number to Justify arrangements for
special conferences of men from
these sections.
Program Is Notable.
Prominent financiers, business men
and statesmen have been secured
for the program. which is to be one
of the best balanced ever offered by
the big association. Considerable
attention Is to be given to the big
ger problems OF finance, but the diff
ficulties of the smaller bankers are
to be given a liberal presentation.
Some of the leading addresses for
Tuesday are Agriculture and the
Banker" Secretary of Agriculture
+. T. Meredith: Transportation and
Its Effect on Credit" ]. ]. Pulleyn,
PRESIDENT of the Immigrant Indus
trial Savings Bank, director of the
New York Life Insurance Company
and an active member of the Rail-
way Security Owners Association.
Sessions Open Tuesday.
The general sessions of the con-
vention will open at $3.50 o'clock
Tuesday morning at E. F. Keith's
Theater. These sessions will be
held every morning from $3.50 to
1880, Tuesday to Friday The after
Moons win be given over to the va
rious lection meetings which WIN
be. held in the willard. Washington
and Raleigh Hotels.
The first of the many important
conferences to be held throughout
the week will be the banker-farmer
conference to be held at 9 o'clock
tomorrow morning in tn sun room
of the Washington Hotel Members
of the agricultural commission will
be the guests of Secretary of Agri-
culture Meredith at this time and a
tour of the department will be
made. Farm tenancy, good roads,
rural education and better market
ing conditions will be the major
topics discussed at the agriculture
conference.
To Discuss Bank "Ats.-
Another important conference will
be that of the bank advertising ex-
perts of the country, to be held in
the ballroom of the Washington Ho-
tel at o'clock Tuesday night The
purpose of this conference is to de-
termine in just what way bank ad-
vertising, can assist in stabilizing
the present Industrial and CONNER
cial markets. Herbert S. Houston,
former president of the Advertising
Clubs of the World. will speak on
The Bank and Americas New
Place in the World" Other speak
ers scheduled for this conference in
clude William Ganson Rose. former
ly with the First National Bank.
Cleveland; Herbert Morgan, adver-
tising manager of the ST. Louis
Union Trust Company; F. d. Con-
nor, Illinois Trust and Savings
Bank, Chicago; Lloyd H. Matson,
vice president Corn Exchange Bank,
Omaha, and president of the Finan-
cial Advertisers Association; E. H.
kittredge, Old Colony Trust Com
pany. Boston; Fred H. Gehle, Me-
chanics and Metals National Bank,
New York City; Carroll Ragan.
United States Mortgage and Trust
Company, New York; NJ. E. Holder
ness, First National Bank, St. Louis.
and Fred E. Ellsworth, vice presi-
dent Hibernia Bank and Trust Com
pany, New Orleans.
To Confer on Education.
Tht educational committee, of
which r. o. Kaufman, of Helena.
Mont, is chairman, will hold an edu-
cational conference tomorrow morn
ing at the New willard Hotel. Kauf
man says most State associations
have created educational committees
to help the A. B. A. committee and
that each of these bodies has been
asked to send representatives to this
The clearing house section will
hold a general conference on clear
ing house problems, Tuesday and
Wednesday at 3 o'clock in the Wash
inc Hotel
tive leaders in clearing house circles
win lead the discussion with short
talks.
The first of the important com-j
mittee meetings to be held tomorrow
win be that of the executive coun-
Gil. This meeting will be conducted
by President Richard S. Hawes, of
the A. B. A, chairman of the coun-
Gil, in the small ballroom, New
Hotel at $3.50 a. m.
VIII Map Tax Revision.
The most recent commission to be
established Is the economic policy
commission, of which Waldo New
of Baltimore, is chairman.
This commission, which will meet in
room 1908, the New willard Hotel
at p. m. tomorrow, was created for
the purpose of reviewing the Fed
eral tax situation with view TO
suggestions as to its re-
vision.
The gold bonus committee. George
NJ. Reynolds, chairman, which will
NJ, It in room 1861 New Willard
IIote. az 10 a. m. Monday, will cor
slider the various phases of the Nc !
Fadden bill which places tax on |
raw gold.used in arts and crafts and
CONTINUED ON PAGE SIX.