The Washington times., 1921-06-13
John B. B.LARNERMAY'
Be NEXT PRESIDENT
OF BANKERS BODY
Washington Loan and Trust Of
ficsr Conceded Best Chance.
Convention Opens.

WHITE SULPHUR SPRINGS, W..
Va. June 1a.--John B. Larner. presi-
dent OF the Washington Loan and
Trust Company. will be tho next
president of the District of Colum-
bia Bankers' Association. according
to the consensus Of those in position
to know what the organisations an
nual convention. which began here
today. Will do. AZ
He has served as vice president Of
the organization for the past year.
and the bankers believe that his high
standing will go far toward advanc-
ing the general work Of the associa-
ton.
President Robert N. Harper called
the convention to order shortly after
0 o'clock and after the invocation
had been delivered by Rev. DR., Arthur
s. Livermore, rector of ST. Thomas
Protestant Episcopal Church of this
place The delegates sang "The Star
SpangIed Banner" with George O'Con-
nor leading, and Mrs. Keorge o. Wat
son playing the piano accompaniment.
HARPER DELIVERS ADDREss.
/ President Harper then delivered his
annual address. during which he laid
emphasis ON the development Of bank
ing in the District Of Columbia during
the past year and of the splendid
prospects for the next twelve months.
The report Of the COMMITTEES on
credentials. headed by Corcoraa
Thorn, vice president OF the Ameri-
can Security and Trust Company.
was then made. And the convention
was informed that thirty-five banking
institutions of the District were
represented on the noor.
c. H. Bedford, p. A. Drury. Capt.
Julius l. Peyser and j. Floyd Cissei
were included in the membership Of
this committee.
COMMITTEES ANNOUNCED.
Committees were announced as fol-
lows:
Nominations M d. Rosenberg.
George l.. Starkey, George o. WAL
son, w. w. Spaid and c. l.. Lamborn.
Resolutions-E. c. Brandenburg.
Edison b. Olds. Floyd E. Davis and
Francis M. Savage.
Henry L. Doherty, president of the
Cities Service Company and national
traction leader. was expected to make
the principal address OF the session.
but did not arrive this morning. 1t
was expected he would get here for
the afternoon session, which begins
at 2:30 o'clock, with Vice President
Larner presiding.
Auditor and Auditing Department
for a Modern Bank" was the subject
OF ap address delivered by Francis
Coates, jr.. examiner of the Clearing
house Association. Cleveland. Ohio. A
general discussion then was held.
Special interest was given the ad
dress of Vice President Howard
Moran on school Savings Plan For
the District of Columbia"
At the earliest possible time, II is
hoped, set of text books can be pre-
pared to teach thrift in the District
schools. as a part of the regular
studies.
THE LESSON OF THRIFT.
The influence and effect of the
teaching of thrift to the children"
said Mr.. Moran. will be a material
help and aid in inculcating this same
habit in their parents and older
brothers and sisters. We must appeal
to the parents and guardians of the
children for their cooperation, for
they must be convinced that our aim
lie to teach thrift and savings in
philanthropic way and not to promote
our own business interests
Immediately after adjournment,
wee presidents for the District of the
trust company, savings bank, national
bank and State bank -sections will
convene their respective sections.
Twelve minutes With the Ameri-
can Institute of Banking" will be the
topic of an address by Charles II.
Boyer. cashier of the Feceral National
Sank and past presidsu. Of Washing
ton Chapter, American Institute of
Banking, while B. A. Bowles. cashier
Of Potomac Savings Bank. will give a
symposium OF bank problems.
James Montgomery. of the WASH
ington Loan and Trust Company, will