The Omaha morning bee. [volume] (Omaha [Neb.]) 1922-1927, 1922-10-05
President Urges
Bankers to Lead
People to Thrift
SAY, Members Must Show
Citizens Way TO Sane Ex.
pendiiures and WAYS
of Economy.

I New York. Oct. An a message to
l the American Bankers association. in
convention here. President Harding
today urged that It's members must
I lead In recommitting our people 10
sane expenditures. 10 ways Of economy
and thrift, 10 the consideration Of
municipal and national problems in
that conscience which builds the TEN.
pie Of confidence
The message addressed 10 Thomas
B. McAdams. president Of the Bank.
ers association follows:
Public duties and personal cares
seem 10 have combined 10 render i'm.
possible. once more. my acceptance Of
the invitation 10 the annual gathering
Of the American Bankers association.
Ny regrets are the more poignant be.
cause I hoped 10 be able to say some
few things to your members on this
occasion
Il have 50 many times expressed
my admiration and appreciation Of the
part which the banking interests play
ed during and following the war, that
do not need TO remind you Of my
sentiments In that regard. Rather, !
wish to appeal to your great organiza'
ton in behalf OF my conviction that
another, a more exclusive, and per
haps a more different opportunity Of
service is today presented to you.
Nation Owes Much.
ITO the patriotism, steadfastness
and right-thinSlng Of its financial !
leaders, the country had owed very
much in connection with financing the
war, later In restoring stability con.
fidence and security throughout our
economic structure. The banking
community has always co-operated
splendidly in dealing With these prob
lens.
but today our country, the world, |
all human kind, are demanding that
this cooperation be extended to wider
realms; to those social, moral, ethical
problems which are crying for under
standing attention. They cannot be
denied they grow increasingly insist |
ent. They call for an application OF
the same spirit Of wise and willing |
cooperation which is the very basis
OF tho bank. \
'I have often thought Of the bank I
as first among modern institutions OF
social unifiCation. on the basis OF
a complete confidence in its integrity !
and aims, it aggregates together IN
vast available masses the scattered .
bits of credit and resources which |
otherwise would he unavailable for |
great undertakings and make possible .
huge producing organizations which
characterize the modern Industrial
community.
Invites Assistance.
I'VE have come to times which re-
qu!re a like, aggregation Of the social
sense, the ethical ideal, the moral in
spiratlons and the best intelligence in
order To promote the true welfare OF
men individually and In communities.
This | have come 10 regard as the
most pressing requirement OF our DAY
and to it's accomplishment | invite
the assistance of you men who have
been foremost among social cooper
ators,
The world is not given to reward
ing those who serve II with opportuni'
ties for ease and pleasure, Instead,
on those who have been tested and
found useful Il is wont 10 place Yet
greater burdens To full share ~
these obligations | am now urgently
inviting you. BY experience, eontrl-
truvn ta rsxs I've. Column rw.l