Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-30
No Middle or Neutral
Ground Upon Which Any
body Can Stand Now.
w. F. HANKS HEADS
THE ASSOCIATION
Powers Lake Man Elected
President-Minot Gets
Next Meeting.

The North Dakota Bankers aspocs-
alton, at the closing session Of its
nineteenth annual convention today,
went on record to "emphattcany CON
denim ana disapprove" Of the meth.
DDS the acts. the theories and the
plans OF the majority Of the members
Of the present state admintstration''
as "unwise. impractical. inenicdent
and uneconomic."
The association then pledged ttaeRf
ito use all lawful and honorable
methods in its power to effect the
dismissal of the state officials re-
sponsible for such condition."
The resolutions were adopted. SEC
ton by section, and the section per-
tanning to the present state admiYsts-
tration and the attitude of the bank
I. VS. was adopted unanimously by q
Ing vote.
Just before adjourning the assocaa-
ton chose Minot as the next conven-
ton city.
~, v: :: Hanks Of Power. Lake W..
sprague Of Grafton was elected ritsN
president Members of the executl
council are: Northwest district, A:
Sevarfed. velva; second distf
Elanding Fisher, Devils Lake; til
district, Ole Arnegard. Hillsbo
northeast district. C.-s. Lord, IT
River; Missouri Slope district, G. +
Peterson, New Salem; nth distr :
r R. Wolfer, Jamestown: fourth d1S-.
tr1ct, r. s. Himebaugh, Forman. b.
The report of the resolutions COM
mittee, presented by j. L. Bell Of
Bismarck, was the most important
business of the day. The resolutions
reviewed the conferences held last
December between representatives. Of
the bankers and Of the administration
In an effort to restore the credit Of the
state and to relieve the stringent
financial situation. The bankers 1t
that time endorsed the regulations and
methods of the state bank manage
ment and Of the state bonds, in the
belief and with the assurance that
the administration and the people
responsible for it had recovered from
the financial debauch of the past
travagant and impractical and Social
istic theories"
The resolutions declared that the
bankers have remained silent to 4
degree incompatible with self re-
spect' and that there is no longer
middle or neutral ground upou
which any citizen or body of citizens
having the best interests Of the stata
at heart, may stand aloof.''
Hundred Per Cent Aid.
While making this public declara-
ton of the attitude aud the future
policy Of its membership" the North
Dakota Bankers association also
pledged its members to extend one
hundred per cent Of aid and credit
and the last dollar of its resources to
foster and extend all legitimate indi-
vidual and cooperative plans and or
CARNATIONS for the more efficient and
economic production, transportation,
mobilization and marketing Of the
products and resources of the state .
National. Association.
At the annual meeting of the MEM
bers Of the American Bankers associ-
alton. Frank r. Scott. cashier Of the
was reelected vice president OF the
association for North Dakota. Ed.
Pierce Of Sheldon was elected to serve
upon the nominating committee. and
I w. c. Macfadden Of Fargo was elected
alternate.
Vice presidents for the several SEQ.
tons were elected as follows: Trust
Fargo: savings bank section. E.. J,
Stangler, Jamestown; national bank
division. M. B. Cassell. Hope; STATE
bank division, M. r. porter. Minot. a
Two Addresses. g}
At the session this morning the
speakers were Senator p. n. McGarry
Of Walker. Mimi, who spoke on Good
Roads and How to Build and Finance
Them" and e. J. Bishop Of st, Paul
who spoke on '"The Income Tax
Senator McGarry reviewed the good
roads work done in Minnesota IN TN
past few years. and spoke OF the plAr
for building hard-surfaced roads IN.
der the Babcock plan. He told th(
North Dakota bankers that they, would
have to get into the good roads wofl
from selfish standpoint. because 4
meant business for them. to -,
nothing Of the assistance it would eiy1
the farmers z, RI a. 81
y Mr.. Bishop discussed various pro.
J posals for modifying and changing IN.
come tax legislation. and cited thei,
Advantages and disadvantagesl
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ATWOOD SPOKE
/ happening his address M. Atwood
stated that the constitufIon % NJ
econtinYed on Pare = ":