New-York tribune., 1922-10-06
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European community. He expressed
the conviction that Europe was nj last
getting together on safe, sane and
practical lines.
America must keep, will keen faith
with Europe" Mr.. Krech concluded
but Europe must do her part and keep
faith with herself"
Governor Henry j. Allen OF Kansas.
in discussion Of the labor problem
at the general session in the morning.
outlined the operations and activities
Ct the Industrial Relations Court of
Kansas and praised the Federal reserve
system, expressing the wish that the
government might devise some stabiliz.
ing influence for industry as powerful
as this system in the financial field.
Secretary Of Commerce Herbert
Hoover, who came to address the CON
yention as the Administrations repre-
sentative, was too i'll to carry through
the plan upon his arrival here. It was
announced that he would submit a
copy of his prepared address to be
placed upon the records.
In defending the Kansas courts part
in settling labor disputes Governor Al
len denied that it's decisions were GEN
orally favorable to employers, and said
that probably 90 per cent of the cases
before it had been taken there by
labor.
Vicious War on Public
1T is unexpectable," said Governor
Allen, "that every time new contract
is to be made between the men who
nine coal and the men who operate
mines, between the men who work in
shops and the men who are on rail
roads and their employers, that the
contract should be the basis of a
vicious and costly civil war upon the
helpless public. If we are going to ret
anywhere in this country in reference
to the solution of this problem, then
most assuredly we will have to reach
the remedy through governmental
power and through the pledge of a
righteous and spoken tribunal
In the course of his address the
speaker made reference to "1ny friend
VIII White" who had read into a
question of "the free right of man
to work being in danger" q threat Is
free speech
The convention, in general session,
heard and accepted reports by the COM
mlttee of five, presented by Charles de
b. Claiborne, urging that charge for
collection of checks be optional with
the banks; by the membership COM
mittee. presented by Harry J. Haas; by
the public relations committee, pre-
sented by Francis H. Sisson, who re-
ported that the banker was beginning
to take his rightful place as the leader
ct the community in matters affecting
the business and economic welfare Of
the country; by the educational com
mission, presented by John H. Pue-
licher, the newly elected president, who
told of the bankers work in the
schools, and by the economic policy
commission, presented by M. A. Tray
lor.
For Marine; Against Bonus
The report offered by Mr.. Traylor, in
addition to it's suggestions regarding
foreign relations, labor and railroad
transportation, advocated the develop
ment of merchant marine, opposed
Federal soldiers bonus legislation,
warned against hasty enactment of ILL
advised credit schemes to aid agricul-
ture temporarily through stimulating
price advances, and deplored the con-
tinued attacks upon the Federal Re-
serve system.
lmpromptu remarks by Sir Frederick
William Taylor, president Of the Cam
adian Bankers Association, caused
considerable laughter and applause at
the trust companies meeting when he
announced tnau his only answer to the
criticism of the Canadian banking sys-
tenn made Wednesday in the branch
banking debate was "abracadabra."
He said that he did not know whether
America should enter upon branch
banking, but that he did know that it
served we'll the needs of Canada.