Evening star., 1924-10-02
NATIONAL BANKERS
| SESSION At END
Installation of Officers and
Speeches to Close Con-
vention Today.
sBy the Associated Press.

sBy the Associated Press
/ CHICAGO, October 2-Installation Of
sofficers and organization Of new
executive council were before the
general convention of the American
Bankers Association at its closing
session today. The program also pro-
s-loed for addresses by Senator George
Wharton Pepper of Pennsylvania and
Justice James G. Cropsey of New York.
, Better banking and accounting
methods were considered by the
sclearing house section. President
Francis Coates. jr.. in an address pre-
pared for delivery before members of
uhe section. declared unwise compe-
itition and carelesSness resulted in
direct and indirect losses to banks.
An analysis of accounts he pro-
inounced the only way in which to
prevent drafts being permitted against
uncollected funds, interest paid on
Items in process Of collection and de-
posits of collection items without re-
gard to accounts of balances carried.
Demands Ethics CoGe.
Better protection for country banks
was urged in an address prepared for
delivery by c. y. Chapman. president
of the First National Bank of Roch-
ester Mimi before the clearing house
section.
. Unless banking becomes profes-
sion with an ethical motive. he SAID.
f'the visionaries are going TO take the
helm away from tn practical banker
and run the ship ashore.
! Woman's role as hnancier was ac-
claimed and her reputed role as a
peacemaker questioned oy Mrs. Mabel
h Reinecke Chicago, United states
collector Of internal revenue, IN an
address last night before the National
Association of Bank Women. meeting
here in connection with the American
Bankers Association.
| Isn't it usually mother who starts
the battlec" asked Mrs. Reinecke-
After a day in which the American
Bankers Association had heard La
Toilette assailed as arch -dema-
eogue" and the Nations worst liabil-
ity" heard programs known to have
been advocated by him compared to
the medicine mans stew OF dead
toads," the National Association Of
Bank Women listened to an address
by Miss Jane Adams, Chicago. Miss
Adams happens to be one of the
candidates from Illinois for presiden-
thal elector, pledged to La Toilette.
She was invited to address the
women's association in May, before
she entered the campaign. Although
she has announced she Will speak for
La FOllette. she SAID before going on
the platform last night that she
would speak on this occasion about
the survival of the matriarchal age
in Burma.
DenOunceS L. =. Ownership.
Following the addresses of the day
before the American Bankers As
sociation in which government in
business" in general and La Toilette
in particular was asSailed the asSoci-
alton adopted without dissent the
resolutions submitted by the commit
tee on resolutions, denouncing Gov
ernment ownership OF railroads and
Limitation of the Supreme Court.
''contiscatory taxation" and urging
business men To heed the "challenge'
of the present political campaign.
Fatal tendencies" to amend the
Constitution were assailed also in an
address by John +. Edgerton. preSi-
dent of the National Association of
Manufacturers. One of the propose Is