Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-10-04
THE BANKERS OF AMERICA

From the New York Herald.
Until now there has been nothing
in this city and nothing IN this ooun-
try. like the convention OF the bank
ers of America meeting here today.
Measured by years the 1000 dele
gates from the $4,000 member banks
OF the American Bankers Association
Will range from the youngest finan-
cial figure of the East, West, North
or South to the revered and honored
John A. Stewart, chairman of the
United States Trust Company of this
city with a century OF life to his
credit and the record OF having been
wise and trusted fiscal adviser of
the United States Government sixty
years ago in the dark days of our
civil war. Measured by the resources
OF wealth, production and trade these
1000 banker delegates will represent
the greatest national financial power
in the world.
But this convention will embrace
and represent more than the bank
ing experience. judgment and genius
of America. Industry, business,
science and the professions, sup
ported and stimulated in America
by far seeing financial visisn and
achievement ever since the birth OF
the Republic, will address the bank
ers at the daily meetings this week,
as the bankers will address states
men. publiclsts. educators and chiefs
OF industry on the questions that are
intimately and vitality interviewer
with the economic substance of the
nation.
New York, first financial. business
and social center of the country,
welcomes the bankers Of America.
LENINE BACK ON THE JOB.
From the New York Herald.
After a retirement of several
months owing. It is reported, to III
ness Lenine has returned TO his du-
ties as head of the Council of Com
missaries at Moscow. He takes ad-
vantage of the occasion to inject
himself and Soviet Russia into the
Near East situation by denouncing
the attitude OF the capitalistic gov
ernments Of Europe regarding the
Dardanelles.
He is somewhat mistaken. though.
in assuming that the outside world
has blockaded the straits to keep
Russia in or out. as the case might
be. The present blockade has grown
out of the attempt Of his friend
Renal to get back into Europe and
to obtain control of these straits. The
purpose of the present activity in
the Near East is to keep these
waters open 20 commerce and to give
the advantages Of their use for ally
time to every nation OF the world.
There appears TO be no inclina-
tion among the Powers Of Europe TO
destroy the economic life OF the
Black Sea States, as Denine suspects
or to deny TO them seats in the con-
ference which will settle the fate Of
the Dardanelles and the Bosborus. |
In fact, Great Britain, France and i.
Italy have declared that the Black I
Sea States should be represented be-
cause they believe that a lasting set
Element OF the controversy can be
best secured by consultation with all
the countries which are interested in |
the matter.
But II uenfne thinks that HIS pro-
ciamation win tend to increase the
between the Allies he is !
In error Great Britain, France and
ITALY may have very vivid recollec-
lions OF imperial Russia's designs on
and they do not see
A very great change from this atti-
.ude in Soviet Moscow. Again, If he
thinks that his espousal OF Kemafs
side of the controversy will be es-
oecially favored by the Turkish
eader he is also mistaken. 1t was a
different thing to bargain with
Renal whose outlook was not be-
-ond the hills of Angora TO Renal
IN the shores OF the Dsrdanelles.
The white bear, whether his trainer
$ the Gar OF the Soviet. covets the
warm waters OF the Aegean. And
xemal knows that in the end the
demands OF Great Britain would be
ar less severe than those of Soviet
Russia.
Lenine should get IN touch with
he modern world
rNINFORMED CIiAMOR