Smyrna times., 1921-03-09
BANKERS OF STATE IN SPRING
MEETING IN WILMINGTON
BANK OFFICERS HEAR ADDRESS
ES AND NEEDS FOR FUTURE
DIR. HuIlihen Makes a Strong Appeal
For Course in Finance at Delaware
COllege-W. w. HynsOn Talks

in general and this State in particu-
lar was discussed at the spring meet
ing of the State Bankers Association
in the Club Room of the Hotel DUPONT,
Wilmington, Thursday, which was at
tended by members of the association
from all parts Of Delaware. The meet
ing was opened by the invocation by
the Rt. Rev. Philip Cook, Bishop of
the Episcopal Diocese of Delaware,
which was followed by the address of
welcome, given on behalf of the city
by Mayor William G. Taylor, former
president of the association. The re-
port of the committee on legislation
was read by John S. Rossell, chair
man.
81 am very proud of the bankers of
Delaware, said Mayor Taylor in well
coming them to the city, "and especi-
ally of the way in which they have
taken care of the financial needs of
the State. The interests of Whining
ton are identical with the interests of
Delaware, and the people of the city
are glad to have you here today" He
referred to his intimate association
with the bankers of the State, through
his official connection with the organi-
zation, and spoke of the growth of the
banking business in the State and es-
pecially in Wilmington.
President George Massey Jones, in
responding to the address of the may
or, spoke of the pleasure the bankers
of the other cities of the State always
felt in coming to Wilmington, and re-
ferred to the manifest spirit of Coop
Grafton and the good spirit among the
bankers from all sections of the State.
He made special reference to the pro-
gress of the association under the
leadership of the former president,
John Rossell.
The report of the committee on leg
islation was the first feature of the
program. This was read by the chair
man, Mr.. Rossell, who referred espe-
cially to bills now pending before the
Delaware Legislature affecting the
banking interests, and revealed the
fact that the activities of the commit
tee had resulted in checking the enact
ment of legislation inimical to the in
terests of the members of the associa-
tion. His report recommended that
the committee be enlarged from three
to nine members, acting upon which
the following men were appointed as
additional members: John Richardson
Jr., of Wilmington; j. Frank Biggs, OF
Middletown; Walter w. Hynson, of
Smyrna; George H. Hall, of Milford;
Charles H. Maull, of Lewes; and Chas.
B. Wilson, of Dover.
DIR. HulIihan Speaks
An appeal for the establishment at
Delaware College, or the University
of Delaware as it will soon be known,
of department or course in business
and finance, similar to the Wharton
School of the University of Pennsyl-
vania, was made by DIR. Walter Hull
hen, president Of Delaware College
DR.. Hullihen made deep impression
upon his hearers, especially when he
urged the schooling of the youth of
Delaware in commerce. Former Judge
George Gray also addressed the meet
ing, urging that the people Of the
country be impressed with their re-
spOnsibility in carrying on the spirit
of freedom established in this country
by our fore-fathers.
Says Finance is Jazzed
An interesting address on the
'Value and Importance of Bank Ex.
animation" was given by Walter 7
Grosscup, of the Federal Reserve
Bank; in which he said that the con
ditions developed by the war have
thoroughly jazzed finance. A warning
to Delaware financial concerns tha'
they are vitally connected with the fl
nancial condition Of the world wa
contained in the address on investmen
of surplus give by Albert N. Hogg
Eice-president of the Corn Exchang
National Bank of Philadelphia.
Delaware Products Everywhere
The State of Delaware cannot liv
unto itself he warned. "The sun new
er sets on Wilmington's Oversize
products. In the second year of tn
war one of the machine toolmakers
Wilmington had a visit from the d
rector of railways of the Dutch Eas
Indies a country situated on the OF
side Of the earth. Down in tt
remote parts of South America, OF
Mr.. Chandler found goods from yot
own town of Dover, and while Del;
ware has no very large cities, as
some other states, she is, nevertheless
just as firmly entwined with Il
worlds markets as is any one of Il
largest of our banks or industri
commonwealths.
Walter w. Hynson, Of Smyrna, d
cussed farm credits, following whi
Henry Ridgely, Of Dover, urged
49, - <.o< fouofhar with fh