Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-08-13
NATIONS FINANCIAL LEADERS PLAN
TOATTEND MlSSOULA CONVENTION
OF STATE BANKERS ASSOCIATION
Tribune's Helena Bureau.)

Tribune's Helena Bureau.)
Helena. Aug. 12.-With the assur-
ance of leading bankers and financiers
of the country that they will be pres
ent and will address the meeting ana
the knowledge that bankers from every
county in the state viii be in attend
ance. the officers of the Montana Bank
ers' association are anticipating that
the 10Th annual convention of the as
ISOLATION to be held in Missoula. Aug
ust II. IS and 10, will be the most
successful and notable of the associa-
tons gatherings.
Among the national known men who
are on the program are w. p. G. Hard
ing. governor of the federal reserve
board. Washington, d. c., s. p. Gill
bert. .Jr.. under-secretary of the treas
ury. Washington, d. c., G. NJ. Hitch
cock. United States senator from Ne
braska. and DIR. Perry G. Holden. OF
the agricultural extension department.
International Harvester company, Chi
ago
Clark Cancels Visit.
Former Senator w. A. Clark Of
Butte. president of the association. will
be unable to attend the convention as,
according to a cablegram received from
him from Paris by Secretary A. L.
Hubbard. the sailing of the Olympic,
upon which he had engaged passage.
was cancelled and he was unable to Sc
cure passage on any other boat which
would bring him home in time for the
meeting.
The meetings will accordingly be pre-
sided over by Sam Stephenson, vice
president of the association and presl-
dent OF the First National bank of
Great Falls, who will give the annual
address of the president at the opening
session.
The address of welcome will be de-
livered by DIR. c. H. Clapp, president
of the state university, to which re-
sponse will be made by o. A. Carlson,
vice president of the Commercial Ma
tional bank of Great Falls. At this
session. United States Senator G.. NJ.
Hitchcock will speak on Financial
Legislation in Congress" Senator
Hitchcock is considered n of the fore
most figures in the United States SEN
ate. is a member of the senate com
mittee on banking and currency and is
said to be especially well informed on
the financial problems Of the country.
His address will be followed by the
reports from the various state groups
by representatives Of the executive
council as follows:
W. p. G. Harding Will Talk.
Group IF. A. Flanagan, cashier
p.-..~ Ctrto hopE Eort Ropfon
Group 2-V. s. Himsl, president
First State bank, Plevna.
Group 81. Fl. T. Ryman. vice
president Western Montana National
bank, Missoula.
Group If. F. Smith, cashier
Farmers State bank, Opheim.
Group SIS. S. Ford, vice president
Great Falls National bank. Great Falls.
Group 6-R. D. Larabie, president
Larabie Brothers, bankers, Deer Lodge.
Group George NJ. Hays, vice pres,
ident Observation-Disclosures National
bank, Billings.
Report of the educational committee
will be made by r. o. Kaufman, vice
president and cashier of the Union
Bank & Trust company, Helena.
At the afternoon session, w. +. G
Harding. governor of the federal re-
serve board, is scheduled to speak on
The Federal Reserve System as Re
lated to the Farmer and Cattleman.
Governor Harding is regarded as the
foremost figure in the financial world
today. A year & he accepted an in
v"itation to attend the convention bu
was prevented at the last moment from
doing so because his attendance was
required at a meeting of a joint con
gressional committee. Should any I'M
forseen circumstance prevent his ap-
pearance this year he will be repre-
scented by John r. Mitchell, a member
of the federal reserve board from st
Paul.
To Discuss Surety Bonds
DIR. Perry G.. Holden of Chicago will
speak on Better Farming and It's Re
ward" DIR. Holden is recognized
among the leading agricultural experts
of the country and is the author of
numerous publications of value to the
farming and livestock industries. He
successfully carried through better
farming campaigns in Illinois and Iowa
which resulted in a tremendous IN
crease of production of corn to the
acre in those states.
Surety Bonds will be discussed
by J. w. Mason, vice president of the
American Surety company, New 1Ork.
Surety bonds. it is said. have been an
aggravating problem in Montana bank
ing for two or three years and Mr..
Mason will point out the problems as
they confront the surety company and
will bring much first-hand information
respecting the handling Of bonds. On
his visit to the state he will acquire in
formation as to local resources which
may prove valuable to bankers in the
future handling of surety bonds.
In THE Columbia Basin Project"
which will be discussed by Fred A.
Adams of Spokane, the bankers will
be deeply interested from the fact that
much of the water proposed to be used
in the irrigating Of the Columbia basin
project would originate and be stored
In western Montana.
Address BY Shelton
On the second day of the convention
the American Bankers association will
meet at 9 o'clock a. m. and the state
bank section at $50 a. M, while the
convention will re-assemble at 10
a. M, when 8. r. Gilbert, Jr., will