The New York herald., 1922-10-01
Forty-eighth An
nual Ga tn G
of the American
A S socia t 10 n
Brings Together
Men of fEminence
In the Financial
World From All
Parts Of t h e
United States
. HE bankers Of America will

6dtAcI III 4NcW IOth lO-AlOhIOW
= morning for the forty-eighth
annual convention of the American
Bankers Association. the general ses-
sions of which will be held in the
, grand ballroom of the Hotel Commo-
Nfore morning, afternoon and evening
More than 1000 delegates, representing
$4,000 member banks of the associa-
Xon, are expected, and with these will
me probably 5000 of their women
~ 1t will be one Of the largest, most
II important and most significant con-
ferences of business ever held in this
city. The outstanding problems that
perplex government and business, in
dustrial controversy and unrest at
home and abroad and the internationa
financial difficulties will play large
part in the discussions. In addition
to these factors the convention will
have an enormous social side, which is
being taken care Of by committee of
$50 women Of prominence under the
craftsmanship of Mrs. Dwight W..
Morrow. The headquarters of this
hospitality group" is at sos Madison
avenue. where brilliant program of
social functions has been arranged for
the entertainment and diversion Of the
visitors.
Thomas B. McAdams, president of
the American Bankers Association.
outlined for THE NEW York HERALD
yesterday the scope of the Forthcoming
conference, which will sit tomorrow,
Tuesday, Wednesday. Thursday and
Friday.
THE bankers of the United States"
said Mr.. McAdams. feel that their
community position requires them to
act as far as possible as counselor and
adviser to millions Of persons that have
confidence In their Judgment and In
tegrity." The tremendous problems ex-
listing to-day will be discussed, there
fore, for the benefit of all the people
in every community. This great finan-
cial congress should do much toward
returning an answer to the question
as to how our bankers can most effec-
lively aid the promotion of national
prosperity and world welfare. 1t is a
conference of international as well as
domestic significance.
Former Chancellor McKenna
Will Discuss Foreign Debts
The Hon. Reginald McKenna. for
merly Chancellor Of the British FIX
.chequer and now chairman of the
London Joint City and Midland
Bank. will discuss Preparations and
international Debts" Thomas w.
Lamont of j. p. Morgan & Co. will
treat world finance from the Ameri-
can viewpoint. Henry ]. Allen, Gov
ernor of Kansas. will discuss the re-
sponsibility Of the Government for
industrial justice and the relation of
the Federal Reserve System to
American business. The convention
will hear also from DR.. George E. |
Vincent. head of the Rockefeller
Foundation, on Public Health
Assets"
The bankers of the city are the
hosts of the convention delegates, |
/. with Seward Prosser chairman OF a |
committee of 100 in charge of the ar
rangements. This committee has
done everything 'thinkable for the |
comfort and pleasure Of the thou
sands Of visitors. arranging fashion
shows. teas and luncheons for the
women folk; theater parties. smoker
Mt the Hotel Astor, a grand ball,
golf tournament and trip to West !
Point to witness a special review and
drill Of the cadet corps This was ar
RANCID through the courtesy Of Sec
retry OF War Weeks.
On their arrival in the city the
bankers found that they need have
no worry about where they shall stay |
nor. especially. where they were to be |
fed. A large guide book is being dis |
tributed. one for every member. and ,
in the leading hotels and other public |
places there are information booths |
for feminine visitors in charge OF alert |
young business women. usually a Sec
retary to a local bank executive.
If there is anything which banker
or his wife wishes to know at once,
no matter where he or she may be,
and there is no policeman near, all
that is needful to do is to call wan
derbilt 3131." This is a special phone
number which does not appear In the
directory. for It is the magic key Of a
special wire system which the New
York Telephone Company has been
installing for six months. In the
Commodore there was built a four po-
sition switchboard twelve feet long
and five feet high. in which center
thirty-seven trunk lines. one hundred
and twenty extension stations, eigh-