Evening star., 1924-02-24
BANK CLERKS TOLD
AIMS Of INSTITUTE
National President Explains
Work of Body at Annual
Banquet Here.

Approximately $50 bank clerks,
bank officers and directors heard
Clarence r. CLANCY, national presi-
dent of the American Institute Of
Banking, define the four major ad.
vantages offered by the organization
he represents at the twentieth annual
banquet of the Washington Chapter
American Institute of Banking. held
at the Willard Hotel last night.
These advantages, as enumerated
by Mr.. CLANCY, are as follows: 1t
affords an opportunity for practical
education; it affords an opportunity
for executive training: it affords an
opportunity for Intelligent particle
patton In public affairs, and it offers
the opportunity of an acquaintance
q decided asset and necessity for the
successful business man or woman,
the speaker averred.
The American Institute of Bank
ing, as described by Mr.. Chaney, Is
q section of the American Bankers
Association devoted to the education
of bankers in banking and those
principles of law and economies tnat
had it's origin, he said, in 1899, when
number of bank clerks of Louis
Vile and Buffalo presented petit
tion at the annual meeting of the
American Bankers Association In
Cleveland through its educational
committee and asked that an insti-
tute of bankers be formed.
Proposal Adopted.
After discussion. the educational
committee was instructed to prepare
plan for the formation of 4 bank
clerks institute, the object Of which
should be the educational develop
fnent of bank employees. AT the next
convention held. In Richmond the fol-
lowing year, this committee submit
ted plan for the organization Of
the American Institute of Bank
Clerks, which was approved, and a
sum not to exceed $4,000 appropria-
ted to cover expenses for the first
year. A national Office was estab-
lished in New York city. with chal-
ters in most of the larger cities. all
conducting study classes based on
the text and course arranged By the
head office. The number of chapters
has steadily increased until they now
total l3s, with membership In excess
Of $4,000.
Mr.. Chaney, in concluding. voiced
the opinion that in a few years the
American Institute of Banking will
be nationally recognized as one OF
the greatest educational mediums Of
the country.
Progress Made Here.
James c. Dulin, jr., president of
the local chapter. preceded Mr..
Chaney. and recounted the achieve
body. The educational program
locally has been carefully planned
and developed, the study courses
having been arranged to provide a
system Of practical education. COM
bining business training with a
in
ing and finance. These courses have
been enlarged from time to time In
order to meet the requirements of
bank employees, and at present are
both junior and senior bank men.
Harry V. Haynes. president of the
two senior financial organizations of
the District-the District Bankers'
Association and the washington
Clearing House-declared to the mem
bers that both organizations are not
unmindful of the good work being
accomplished here, and pledged both
moral and financial assistance in en-
abljng the local chapter to achieve
it's ends.
Former Representative Martin A.
Morrison of Indiana was introduced
Just prior to the conclusion of the
business session and stressed the op-
portunities, responsibilities and du
ties Of the future bankers assembled
The entertainment end of the pro-
gram was elaborate. James B. Rey-
nolds. vice president of the CONNER
cial National Bank, was toastmaster
and kept the audience in continual
mirth. Robert Lawrence led COM
munity singing. John Baldwin of the
Commercial National Bank featured
in song and dance. Rev. George W.
Atkinson pronounced the Invocation.
Dancing followed the business
meeting and continued until early
this morning.