Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-24
FARM AID IS AIM
OF STATE BANKERS
Convention to Urge Plan to In.
terest Youths in Stock
Breeding
PROSPERITY IS FORECAST

Special Dispatch 70 Fpcnin0 Public Ledger
Pittsburgh. May 24.---Making the
farm moro interesting and inviting
place for the sons and daughters of the
farmers and to advance the agricultural
development of the State will be one OF
the important matters which will be
discussed at the silver anniversary con-
vention of the Pennsylvania state
/ Bankers Association which opened her
today.
The extending of credits to young
boys and girls upon the Endorsement OF
their parents will be advocated. SO as
to encourage them in the breeding OF
pure-bred cattle. impressing upon them
| that fine breeds can be made profitable
| through the introduction Of modern
methods. During the last year in some
sections Of the State experiments have
been made by bankers and the results
which were obtained were highly en-
couraging.
! The recovery Of prosperity in the
United States depends upon the ability
of our people to sell at rcmunerativc
! prices substantially Nil they produce.
running approximately full time and
full handed declared +. Pusey Pass
more, chairman of the Committee on
Foreign Trade, in addressing the bank
ers. The development Of foreign trade
will receive serious consideration by the
bankers at the convention.
Our own prosperity Is so dependent
upon the foreign market for surplus
production of our farms and our in
dustries over that which we consume
and use ut home that the subject of for
eign trade is one Of the vital interests
of all Of our citizens he snid. yet
the general importance of our trade
with other countries is understood and
appreciated by comparatively few"
Largest in United States
/ With 1903 out of the 1900 banks and
trusts companies in the State affiliated
with the association. thc Pennsylvania
State Bankers Association now enjoys
the distinction of being the largest State
association in the United States.
Strenuous efforts were made to induce
the two institutions outside the fold
to join the organization, but without
avail. Had these attempts been sue
, cessful the convention would have
opened with 100 per cent member.
, ship:
e When the convention opened this
morning there were more than 1906
bankers present, and belated arrivals
will increase this TO 1900. The attend.
ance at the convention in Atlantic City
last year was only $50. which reflects
the interest being displayed in the con
vention this year by the bankers.
President Alex Dunbar presided n
the convention which convened at 10 Il,
o'clock. Mayor William 4. Magee vel
coined tie bankers and Edward J. Fox
,f I.l lsl,. A.
? bankers.
Sees Greater Things
"rhe remarkable development 0
!, Pennsylvania great banking and in
! dustrial resources. in which our mem
! bers have had SO large part. must no
obscure vision OF the greater thing
; to come" President Dunbar declare
u in his address to the bankers. 9TH
I thought of sufficiency must not dull tn
= keen edge Of our honest ambition. Wha
I shall be the aim and purpose Of thi
u ambition? II must be service in tn
broadest implication Of the term. 1t
Interpretation rests upon the fact tha
. the banker lives, moves and has hi
e being In the needs of the community
!, the final measure Of his reward will de
:, pend upon how he meets these needs.
u New opportunities for service ar
: constantly opening to Pcnnsylvani
i. bankers. not as individuals. but ns q
n organization. demanding mutual under
!, standing q. and close corporation wit
!, business, with commerce and with agri
- culture.
;, Each economic group Is essential I
- the success of the other. and every prob
= lem. every policy. should be npproache
!, with this spirit of understanding.
:, relationships so closely interviewer