The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-02-18
Oklahoma Bankers
Convene in All-Day
Session Here Today
(Continued from page Il

NNotllHueu from page ~
next speaker. He opened his remarks
by paying tribute To p. c. Dmgs.
whose unexpIred term as president Of
the association he is filling. Mr. Dmgs
having resigned some few weeks ago
TO have the friemjssp of II. c.
Dngs is to have the friendship OF a
real man, and l am proud TO know
that l am a friend OF his"
Mr.. Fink then stated that he had
no outlined speech referring his talk
T. the wandering stream. which starts
from nowhere and goes nowhere. but
Immediately dscredited this remark
when he gave many suggestions rela-
live 10 the financial condition and
the part the individual plays and will
continue to play until normalcy is
rsgained Before the war. and dur
ing the war, we spent our money
rscklessly, indifferently and careless
~. The bankers themselves were MOI
20 conservative as they might have
been ana as "A result we must now
practice a more rigid economy than al
any other time prior 10 this. While
conditions are not so bad as many
are inclined TO think they are. and
while | am an extreme optimist, yet
when YOU think the financial condi-
TONS can be changed within an hour.
YOU are only foong yousself TO me
we seem like lot of people. who
having been brought up on three
meals day take on six meals
day, then We suddenly find ourselves
deprived of two Of these extra meals
and know that it is likely that the
extra third meal viii be taken away
soon and then we feel that we are
arving. hut il is no such thing.
~ are only getting back TO where we
we're. and will not be hurt 10y cutting
Gown on our meals
Mr.. Fink then touched briefly on
several important matters. THE eco
nomic conditions Of the country must f.
be level he said. Labor is entitled /.
10 much but not everything. the /
farmer must be considered. The prices
o. all produce are coming down, and I
our labor must come down according
~.
The speaker then referred TO the
banker and his relationship 10 the .
community in which he lives
Any banker who thinks that his .
job is only to loan money is max
ing the greatest mistake OF his life.
He needs 10 join in the community
life in which he lives He needs TO
take an active part in everything that
promotes that community, He should
be leader, and should let il be
known that he is interested in every.
hing that tends to help that COM
munity.
Mr.. Fink then referred TO state
ments OF Mr.. Wycoff relative to the
Federal international Bank. reiterat-
ing the statement OF Mr. Wycoff that
unless something is done for foreign
exchange il will be impossible 10 sell
Americas products. He urged the
bankers TO take serious consideration
of This matter and wake up TO the
Importance of the movement. 1T will
not bring you large sums OF money, {
hut II will stimulate business, and }
that is what we need c
Among other matters, Mr. Fink took Z
occasion TO highly praise the work Of !
Eugene Gum as secretary OF the ok n
lahoma Bankers Association. The {
matter OF the Cotton Growers Asso- =
citation was also touched upon and he a
urged that IL no better plan can he b
thought OF than that advanced by "a
Carl Williams. member OF the execu- Fl
live committee Of Cotton Growers As n
ISOLATION who was 10 follow him. on
he matter. Mr.. Fink also urged all n
he bankers TO attend the state meet =,
ng az Oklahoma City. May 24-25 y,
Mr.. Williams addressed the bankers
before the luncheon hour =
concluding when they reassembled for .
he afternoon session. details of the y
purposes OF the Cotton Growers AS g
The outstanding feature ot the af- u
ernoon session was the election Of "
,fficers
$. C. Bryan cashier of the Ameri Il
an National Bank OF McAlester. sue W
eeded Mr.. Jeter as chairman of n
iroup Five, while &. Il. Barnett Of 81
'alinnt, Secretary-treasurer was made Ia
'ice-chairman. Il
Bankers were entertained at lunch IL
on al First Presbyterian church six m
clock dinner will he served at the n
'hamber OF Commerce. and tonight n
ance will be given at Convention a,
ioll :,
The place OF holding the next an 4,
ual meeting will probably be- decided =.
pom late this afternoon. ~ ~
---<np- VI