Evening journal., 1920-08-19
THURSDAY, AUGUST 10, 1920
HATS OFF,


TTATs on to the Delaware Bankers Association It is
lA admittedly OF the finest organizations OF State
nnanciers in The United States
This association during the past two years has not
only enrolled It's membership every bank and trust
company in Delaware but 70 has conducted most sue
cessful campaign OF education topics Of vital interest
10 the people, accomplished actual and beneficial
results in matters OF far-reachng influence in business
and banking.
Beginning with a program in 1918 with active partici
patton in The Liberty Loan Campaigns The advantages Of
membership OF state banks in the Federal Reserve Sys-
ieu the creation OF the office OF State Bank Commissioner
and the more widely extended OF trade acceptance,
has enlarged and extended the scope OF It's work TO the
consideration OF the highly important questions OF edu-
cation agriculture, improved methods in The admnisra-
lion of State finances adoption Of budget syscm, and
tho promotion OF thrift and savings All OF these subjects
have been ably discussed at the meetings OF the assoca-
ton and the eneral public has broader conception
OF their importance than before.
M The passage OF the State Bank Commissioner Act by
he last Legislature demonstrated the ability Of the
bankers to needful legislation for The better pro-
lection OF their institutions and FOR e greater assurance
10 their patrons that their business receiving proper
attention.
While at FIRST the opposition TO the very
pronounced and persistent and doubt expressed
as 20 the dcsrabty Of the adoption Of this modern
method OF bank supervision the law has been
fully applied, that there is Statewide sentiment
shat the association acted very wisely using the pas
sse OF this measure The next step this direction
VIII be the passage OF comprehensive banking act which
he association win support and which will no doubt be
passed by the next Legislature
a The association has been working body While It's
various meetings have had distinctive social character
has been turned 10 practical by the free exchange
OF upon matters OF great interest 70 all the bankers
In his way healthy sentiment has been orystallized on
questlons OF immediate Importance TO The State.
The association has proven itself 10 be conservative
non-parsan nonseconal and non-porsonal organization
an The bankers working together in perfect harmony FOL
the general good
The group committee meetings which were inaugu
rated last year have been held every section OF IN
state Today the Committees Agriculture and Thrift
and Savings meet at Georgetown with other bankers
lower Delaware and VIII formulate their nna reports
10 be submitted 10 the annual meeting to be held at Re
hoboth two weeks hence. These meetings have been
Very prominent feature OF the associations activities an
have contributed largy 30 its Success.
The annual meeting this year undoubtedly will be
interesting in every particular the splendid gathern
at Rehoboth year ago, and promises o be fruitful
proposals the public good ta in the near future vii
be developed into practical measures.
We congratulate the bankers The great success tina
has attended their efforts and believe that by preseV
INC the solidarity that has been brought about, the al
ready great usefulness Of the association will be largely
augmented and a healthy sentiment created hroughou
the Stale on the vital questions under consideration
(which concern the people at large so deeply