The Washington herald., 1920-10-17
OF NATION
FLOCK TO CAPITAL,
FOR BIG CONGRESS
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which is designed to stimulate gold
mining.
The McHugh Plan Committee,
headed by John McHugh, will meet
in the New Willard Hotel at the
call of the chairman some time to-
morrow to consider the plans for
a 500, 100000 foreign trade corpora.
tion. If this plan is adopted it will
go into effect January /. 1921
Onicinls Are Pleased.
Guy Z. Bowerman, general sec
retary of the A. b. A, and William
G. Fitzwilson, assistant secretary.
arrived from New York yesterday to
complete detailed arrangements for
the headquarters organization. Mr..
Bowerman stated that he was more
than pleased with the arrangements
made by the local committee and
that the registration prior to the
opening of the convention was the
largest in the history of the asso-
citation. He believes this is due to
the excellent program arranged by
the Washington people and the i'm
portance of the subjects to be dis
cussed.
John S. Drum. first vice president
of the A. z. A. arrived yesterday
and last night said, We realize the
part which the bankers of America
can play in this critical juncture of
our nations progress and the con-
vention was called to Washington
for the purpose of bringing such
suggestions and advice as we
bankers can in session offer direct
to the fountain source of our gov
ernment.
All Prepared to Work
Every banker delegate to the
convention is coming prepared to
work. prepared to lend his counsel in
effecting a solution of the economic
problems of a financial nature"
Never in history has the pressure
of banking been heavier than to-
day" said r. S. Hawes. of st. Louis,
president of Thea A. B. A, at the
New willard last night. European
conditions. readjustments and re-
construction have all added to our
financial responsibility.
I'VE find from a creditor nation
we have advanced to the magnitude
of world banking, and the conse-
quent perpleXities, while not baf-
fling exactly, need the consideration
of Americas financial minds. For
that reason the A. b. A. grows
greatly in Importance by compari-
son with the results the Ameri
can people are expecting of the
bank kers."
Section Meeting Places.
Section meetings are as follows
Tomorrow afternoon: Clearing
house section, Hotel Washington;
State bank section, Hotel Raleigh; !;
State secretaries section, New Will
lard Hotel.
Tuesday afternoon-Savings bank
section, Hotel Raleigh; trust COM
pany section, Hotel Washington.
Wednesday afternoon National
bank section, New Willard Hotel;
State bank section. Hotel Raleigh; /;
trust company section. Hotel WASH
ington.
Thursday afternoon National
bank section. New willard Hotel.
Entertainments.
The committee on entertainment
of delegates and guests has out
lined the following program: An
excursion by water to Mount YER
non is one of the leading features;
golf at the various country clubs,
and afternoon receptions at some
of the show places of the city. The
entertainment includes: Reserve
city bankers dinner; auto tour of
city; lawn party at Chevy Chase
Club; private view of Museum of
Natural History; A. l. B. reunion;
buffet supper Wednesday; Theater
party for ladies'; golf tournament
at Chevy Chase Club: visit to Fort
Myer. Va; private view of Cor
coran Art Gallery and visit to
Mount Vernon.