The Washington herald., 1921-09-22
PUBIC EDUCATION
COMMITTEE PLANS
EXTENSIVE DRIVE
District Bankers Plan
Lectures for ID. C..
School Children.
HAYNES HEADS LIST
$50 Public Schools and %
Private Institutions to Be
Affected by Work.
HAYNES HEADS LIST

At a meeting Of the committee
on public education of the District
Bankers Association, held in the
rooms of the Washington Stock Ex-
change yesterday afternoon, extern
sive plans for the carrying on of
this work were formulated
This campaign, which gives every
indication of surprising any SIM
liar work heretofore attempted in
Washington circles, will consist in
part Of ten lectures to be delivered
before school children throughout
the current school year which win
be prepared and carefully edited
under the auspices OF the consmit-
tee. The lectures on the different
subjects will be uniform. Washing
ton bankers sharing with Ameri-
can Institute of Banking officials
the speechmaking assignments. It
Is estimated that approximately
100 speakers will be needed to con-
duct the campaign.
The system Of lectures which has
been drawn up for the forthcoming
drive contain the following subjects:
Bank deposits and checks, bank
loans and discounts, drafts and let
ter OF credit, what bank statements
mean. trusts and trust corporations,
principles OF PROSPERITY. work and
wealth, money and other commodf-
ties, and the Federal Reserve sys-
tenn.
1t is also announced that Dr. Bal
lou, head of the Districts schools,
has been extended an invitation to
accept membership on the commit
tee, at present consisting Of Harry
V. Haynes. chairman; John Poole,
president of the Federal National;
H. II. Mckee. president of the Ma
tional Capital Bank; F. G. Addison.
1r.. vice president of the Security
Savings and Commercial. and
Charles c. Lamborn5 treasurer of
the National Savings and Trust
Company.
Members Of the committee yes
terday advised that approximately
$50 public schools and twenty-three
private institutions would come
within the scope of the committees
campaign.
Personals.
Edmund d. Rheem. vice president
End treasurer OF Swartzell, Rheem
and Hensey. of this city, is en- route
to Europe for a short trip. COM
bining business with pleasure.
John NJ. Riordon. cashier of the
has returned to his Institution af-
lantic City. He was accompanied by
his daughter.
Local Securities.
Trading in Washington securities
was again decidedly dull during
yesterdays session on the local eS,
change. Bonds were the only class
with small transactions ruling the
day.
washington Gas III per cent
notes. while traded in in only 800
denominations. sold at 104IE. which
represents a gain of approximately
a point over previous sales. wash
ington Railway general IS changed
hands at the prevailing quotation
of 95, $4,000 being sold. Potomac
Electric general mortgage IS con-
cluded the session with a sale or
$1,000 at 81.
Call money ruled at 5Y bid for
per cent funds.
A. ID. A. Notes.
The subject of "hoarding" will
constitute one of the most important
topics to come befre the conven-
tion of the American Bankers As
sociation to be held in Los Angeles.
October to 7. Ways and means will
be discussed whereby the return to
the days of buried treasure" can
be done away with for good and
all.
II the country banker has been
lacking in those things which In
still confidence in the rural depos-
itor. he win be advised by those
who have gone through the same
condition, how to overcome this OBJ
stacle, and bring his particular
community back into the fold Of
financial cooperation with the resi-
Of the country.
A recent Investigation brings &c
light that a great many farmers
and small business men through.
out the Middle West were keeping
in hiding about the house amounts
ranging from 800 or so to as high
as $4,000.