Evening star., 1922-06-18
BY I. A. FLEMING.

nuals that have been held. FROM 'he
standpoint of the banking topics con-
sidered, it was far and away beSoho
ANYTHING that the organization mas
heretofore attempted.
From the standpoint OF a socia'
success it was in a class all its OWL
AS a sport special the meeting was
par excellence the best.
The chosen location. the no.
Springs, Va. was made the mos
beautiful spot in America ps at',ry nav, =,
frightened and polished by a century
of civilization and an enormous eN
penditure of money and mahuai
labor.
1t is more convenient from many
points of view than other convention
sites.
The management of the whoie
affair reflects credit on the commit
tees having charge of the program
and events scheduled.
Every address delivered on .ne
convention program was Warmly
praised by the bankers. John b. Lar
ner's review of his presidential year
was classic: Mr.. shepherd talh
on the Federal Reserve system
brought the audience to its feet
When former Commissioner Nilliams
discussed. with practically every
member on the floor, income tax
problems. he gave out first
news to many bankers. and was
roundly applauded for turning a tire
some subject into Il gem of an ad-
dress.
Victor B. Deyber delved deeply in
his History of State Banking. the
head of the local Automotive Asso-
citation, handled motor topics with
and without gloves.
Gov Seay, in his pleading for the
Federal Reserve Boards integrity as
against political efforts. made "A
grand effort that was effective so far
as his auditors We're concerned, ana
enlisted their support to save the
system from political ruin.
Every member of the new execu-
tive council was apparently imbu"d
with one desire, when inauSurated
namely. to make good for the asso-
citation and its president. Joshua
Evans, jr, during the ensuing year
Mr.. Evans himself spoke feelingly.
and his address was full of promise
And the men of Washington Chap
ter read their efforts, knowing that
they had made good. and were en-
cUuraged to further work by the
sight of so many chapter delegates
in seats of honor.
In fact, many presidents and vice
presidents of Washington banks are
chapter graduates: also the cashiers of
today are the presidents of tomorrow.
Virginia bankers assembling for the
annual convention of their own as
soci alton. which opened on Wednes-
day at the Hot Springs. remarked
more than once on the degree of en-
thusiasm manifested and the excel
lence of the attendance at the daily
sessions.
There was larger representation
of senior officers al the convention
presidents, vice presidents and cash
iers-than ever before.
sporting events, golf, tennis ana
putting contests were played off amid
the most delightful surroundings.
The Family Dinner.
The family dinner on Monday even
ing was held under ideal conditions
an exclusive dinner attended only by
the convention guests.
w w. Spaid, chairman. furnished
splendid program. His endmen.
Tommy Braheny and julius ]. Peyser.
won high praise. The former did a
.Dooley" article, in which he dis
cussed banking from many stand
points and selected a fine bunch of
nom banking experts from among
creditors present for the formation of
Il new institution. where there would
be no call loans nor any hXed time
for the payment of interest, borrow
ers being accredited with being un-
able either to "curtail, renew or
pay up.
MIR. Peyser discussed "Spiritualism'
from the reverse of the Conan Doyle
theory, with special reference to
demonstrations via radio by the use
of a corkscrew vacuum tube.
A wonderful orchestra-Mrs. Wal
son, Mrs. Gawler and one or two
other artists from Washington-com-
pleted the program.
During the evening one Of the
walters ostentatiously PACED Mr..
Second Trust Note. sober faced and
unqueStionably expecting to find the
big discounted chap available at some
table.
One speech-a short talk on "Ap-
probation and Sympathy" as moving
forces-was permitted, Mr.. L. A.
Fleming speaking.
1t will be months and perhaps years
before the attendants at the fourth
annual convention will cease to re-
fer to 1t. One fact stands out domi-
rantly-the conventions will be contin-
ued and will increase in interest. at
tendance and usefulness. and Will be
supported with a larger attendance
year after year. and the proceedings
will be maintained perpetually to the
making of a great financial library.
Honor John NJ. RiOrdnn.
The convention honored John NJ.
Riordan, cashier and manager of the
Bank of Commerce and Savings, in
electing him vice president of the
American Bankers Association for the
Mr.. Riordan has been longtime
and faithful member of the District
Bankers Association. A successful
manager, an earnest worker, an at
tendant on every convention from the
invocation to the close. graduate
of the National Capital Bank with
Maurice Otterback, George o. Watson.
Ernest Herrill, and H. H. Mckee. its
president, he has always held his
alma mater in high respect. and his
recognition at this convention should
be followed by further honors at the
next.
Maurice Otterback, of whom much
the same could be said-practically
every word of twas made vice pres
ident of the A. B. A, for the state
bank section and E. ]. McQuade, vice
president of the Liberty National. was
made vice president of the A. b. A,
E. B. Olds of the Union Trust Com
pany from the trust company section.
George o. Watson, head of the Lib
erty National Bank. serving the third
wear of his term as member of the
executive council of" the American
BANKERS Association. was made a
member of the administrative council
and on taking office. looked over the
officers of the association, and eX-
nressed this opinion: Il was glad to
be one of them-all Of whom 1 have
known for years and with some of
whom 1 have been associated with
for thirty years"
John Joy Edison. chairman of the
hoard of directors of the Washington
Loan and Trust Company sat through
the convention from start to finish and
Maid. giving much approval to the
,arL> NJ the chaDter men who read