The New York herald., 1922-10-04
Prayer Made by Bishop.


II ever be so.''
Prayer Made by Bishop.
Bishop Manning in his prayer said
20 Almighty God, we ask Thy blessing
upon each individual member of this
gathering. Guide this convention with
Thy wisdom and grant that its con-
clusion may be just and wise and for
the general good Give to it's members
vision to see what Is best, not only for
our own land. but for our sister ma
tions and for the world. Help us to
realize our close relations with the other
nations as part of the one family. Grant
that we may be kept true TO those
principles of honor, integrity and right
dealing upon which all human life de-
pends. We ask this for the sake of all
Thy people. in the name of Christ. our
son."
Mr. Lamont's address followed. It's
every sentence was listened to with tense
interest. During his discussion of for
eign war debts owed 60 America he fire.
quently was interrupted with applause.
The main ballroom was packed hundreds
standing throughout the entire address.
When the banker had finished his
thousands Of auditors rose in spontane-
Gus tribute and cheered him. He had
left no doubt In their minds that "the
American bankers responsibility to-
day. Included. In Mr.. Lamont's opinion,
a warm and active interest In the plight
of Europe as well as in the affairs Of
Mexico and the Far East.
Mr.. McAdams. after sketching the
progress OF the association, accentuated
what AIR Lamont had said. Isolation
and selfishness are not qualities of the
true American" declared the president
OF the American Bankers Association.
'I do not believe there is anything In
the history or ideals of our people which
can Justify our failure to help in a sit
uation where our counsel and assistance
are go essential to the restoration of
world order"
Sees Menace In Strikes.
Touching upon industrial disagree
ments Mr.. McAdams echoed the note
struck on Monday by l.. F. Loree, presl-
dent of the Delaware and Hudson Com
pany. Mr.. McAdams said:
The strike is no longer a local Incl
dent but through nationwide agreement
has become a menace to the public vel
fare and should be made subject TO the
laws protecting the people against other
combinations In restraint OF trade. Our
present Industrial difficulties are not SO
much incidents in the timeworn fight
between labor and capital as between
labor. organized and unorganlzed."
Following the talk by Ambassad dor
Herrick, chairmen OF the various com
mittees made five minute talks on the
work done by these bodies during the
year.
In his report for the committee >on
State legislation Craig B. Hazelwood
chairman, vice-preBident OF the Union
Trust Company OF Chicago said that as
only eleven States had held sessions dur
ing the year, little legislation OF i'm
portance had been passed. He outlined
in brief the legislation which the com
mittee approved and would press at the
proper time.
These measures, ne said, included !:
First, bill to permit a time limit on
stop payments to be made Of ninety
days second legislation chat would
permit II 20 be optional to refuse pay
ment on q check one year after date.
and, third. such laws as would protect
the holder of a check which the drawer
repudiated as a gamcllng debt
A fifth measure Mr. Hazelwood said
the committee recommended covered
law that would relieve a bank of inquir-
ing Into the good faith of payment In
volved I'm a check drawn by corpora
tion officer on his corporation made pay
able % himself
Mr.. Hazelwood said the committee had
sent out a. referendum TO the members Of