The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-08-18
BANKING CHIEF
LAUDS STUDY
COURSES
F. G. Addison, Jr., Believes
Financial Institute Pro-
.vides. Thorough Education
By RICHARD HATTON

The current issue of Dollars and
Sense the official publication OF
the Washington Chapter OF the
American Institute OF Banking, con-
tains a number of splendid articles
which are of. interest to older bank
ers as we'll as. to. the younger finan-
ciers, who are taking the courses
provided by the institute.
The. book is dedicated by the stu
dent body of the Washington Chap
ter to Charles j. Bell, of the Ameri-
can Security and, Trust Company,
in acknowledgment of the inter-
est and support he has so freely
given whenever called upon or OPP
portunity arose.
The year book number is neatly
bound and contains the report Of
the retiring president, Harold w.
Burnside, together with articles by
Hon. d. r. Crissinger, governor OF
the Federal Reserve Board; r.
Jesse Clancy. president of the
Washington Chapter of the A. J.
B.; Raymond B. Dickey, F. Joseph
Donohue, Rufus S. Lusk and Presi-
dent Francis G. Addison, jr., of the
District of Columbia Bankers Asso'
citation.
President Addison's article is es-
pecially appropriate at this season
as he deals with the courses of
study which will be OF most help to
younger members of the banking
profession. Mr.. Addison says. In
part:
"The fall of the year never ap-.
proaches but that some bank clerk
discusses with me what studies he
should pursue to further his in
terests. and 1T is for these that
have such desire that this article
is written. In the first place, the
student knows better than anyone
else what, If any, deficiencies IN
the fundamentals of education he
Is handicapped by. II a student Is
& poor speIler, poor English stu
dent, or poor with arithmetic it is
usually a waste of time to under
take the study of some profession
that presupposes the student to be
well grounded in the above SUBJ
jeets. The student should make up
his or her mind to first study again
these fundamentals and then and
only then TO take up the course
which will give the degree being
sought.
Secondly, II 1t Is the intention
Of the. would-be student to train
himself to be banker. then let
him remember fhis-the most able
bankers are those who combine
practical experience with constant
study of the theory of banking, in
Guiding economics, credits, account
Ing and law, especially commercial
law. Thirdly, let the would-be stu
dent make up his or her mind that
the mere enrolling in class means
nothing unless there be constant
applications to the lessons assigned.
it Is astonishing how many stu
dents drop by the wayside during
q school year, lacking the neces-
sary viii power to resist the temp.
tation Of devoting their spare time
to some occupation more attractive.
Praises Institute
81 do not believe there is single
educational school of such practical
value to the Washington bank clerk
as is the local chapter OF the
American Institute of Banking.
There is much more specialization
for the bank cfrk IMAM any other
school could possibly give. THE
criticism, if any. that would
make Of the institute work is that
1t costs the student so little in
money that its true value is often
lost sight of and, therefore, the
student does not apply himself to
the text books furnished as he
might il he was paying what a
school would have to charge to
provide for the necessary overhead
and profit.