The Washington times., 1925-06-08
CREDIT MEN
CONVENT:
HERE
Scientific Study Of Business
Problems Urged BY
President EIkus

Scientific study of business prob
lens was recommended to the
membership of the National Asso-
citation Of Credit Men by President
Eugene S. Elkus, at the first ses-
sion Of the organizations thirtieth
annual convention, in the May
flower Hotel, today.
Mr.. Ellxus quoted Secretary Her
bert Hoover as saying, "The credit
managers of the country are our
second line Of defense, the banks
being the. first"
Must Teach New Methods.
when the leaders of our nation
stress the Importance of the credit
managers position i'm commerce.
President Elkus told the convention.
lit behooves us as an organization
to maintain the h CHEST possible
standard and educate the credit
managers of the country SO that
they will not be found lacking in
time Of need. =
The present educational system
within the organization, Mr.. Elkus
stated. already las improved the
Secured Legislation.
Mr.. Elkus commended the ac-
tivities OF the interchange and ad-
justment bureaus maintained by
the association. He outlined briefly
the work of the investigation and
prosecution departments
In regard to legislation, he said
the association has placed on the
statutes many necessary laws to
safeguard credits, and at the same
time we have successfully opposed
the enactment Of laws inimical to
business interests and contrary to
sound business principles"
j. H. Tregoe, executive manager
Of the association, reported that ell
departments were active In their re-
spective duties.
$1,OOO,OOO to Fight Crooks.
President Elkus and Mr.. Tregoe,
in their addresses today, referred to
the $1,000,000 campaign fund being
raised to fight credit criminals.
This subject will be given extensive
| consideration by the convention
Wednesday.
The visitors were welcomed By
IJuStice Frederick L. Siddons of the
District Supreme Court, w. c. Han
| son Of this city, chairman of the
general convention committee, anl
Frank w. White, president OF the
local association. Invocation was
pronounced by Monsignor c. +.
Thomas.
The officers reports were fol.
lowed by addresses by Edward
James Cattell, of Philadelphia, and
Bishop James E. Freeman.
The credit men took possession
of practically the entire first floor
of the Mayflower today, hundreds
arriving hourly during the forenoon.
The registration room was jafnmed
with delegates.
Bank Credit Men Meet.
The principal business Of the
morning was transacted by the
| Robert Morris Associates, the bank
credit mems organization, function
| ing as part of the national asso-
| citation. The annual meeting of
the associates was held in the Lee
House, J. N. Eaton presiding. Work
of the past year was told in
| reports.
simultaneously in the Mayflower,
the adjustment bureaus managers
| held a conference on bureau prob
lens, under direction of w. e.
| Tarlton, chairman of the adjust
ment bureau committee.
The formal opening was preceded
by community singing, led by
| Robert Lawrence, and a concert by
the United States Soldiers Home
Band.
1t was estimated today that more
than 1000 delegates and visitors
are here, in connection with the
convention. The meetings will con-
tinue through Saturday.