Evening star., 1925-03-01
BY CHAs. p. sHAEFTER.

Francis G. Addison. jr., will be the
next president of the District OF Column
bia Bankers Association, succeeding the
present incumbent of that Office at the
conclusion Of the annual convention
early In June.
A rotational system is used in filing
this office, the first step being that OF
secretary, followed successfully by SEQ
ond vice president and first vice presi-
dent. Mr.. Addison Is now first vice
president. His election will give to the
savings bank section It's first representa-
tive In the presidents chair since
1880. when Maurice d. Rosenberg,
president of the Bank of Commerce and
Savings, led the local organization. Since
that time the Office has been filed by
four national bank officers and one rep
resentative Of a trust company.
Mr. Addison will be one of the young
est bankers ever to fill the chair, having
been born In Prince Georges County.
Md, In 1887. Completing the courses
in county grammar school. he came to
Washington and was graduated from
Spencerian Business College in 1904.
Seven years later saw his graduation
from Georgetown Law School with the
degree of LII B., being admitted to the
District of Columbia bar the same year.
The following year he graduated from
stitute Of Banking, In which group he
has always been an active and inter
ested worker.
From Stenogrnpher to Analyst.
7 The future president has never
boasted a vocation other than banking.
His career began in 1904 when he pro-
cured employment in the National
Metropolitan Citizens Bank, first as
stenographer and later as clerk. In
1907 he became afiiliated with the Home
Savings Bank in the capacity of clerk,
later filling the positions of teller. as
sistant treasurer and treasurer. Later
when this institution merged with the
American Security and Trust Co. he was
made manager of branches.
In 1920 he was secured by the Sc
curity Savings and Commercial Bank
as executive vice president. which POSI-
ton he holds today.
Mr.. Addison Is a banking analyst
His practical and sufficient knowledge
of the profession gained through his
rise from the bottom to the top has
been augmented by an exhaustive
study of the intricacies Of the game.
so much SO that local bankers COM
mittees named TO study and present
difficult problems are seldom complete
without his name. He Is a recognises
leader of the savings bank division
here, helping to score a notable
triumph several years ago when II
was proposed 10 tax this class of in
stitution on a same basis as national
banks. i.e., per cent on earnings be-
fore deduction of interest. He is vice
president for the District of Columbia
for the Savings Bank Division of the
American Bankers Association.
Mr.. Addison recently unearthed the
fact that he Is a humorist as well rs
good banker. When asked as to his
accomplishments, he replied, 81 am
rotten golfer; fair fisherman: good
hunter: excellent weight; perfect ap-
petite. and my hobby is banking"
Addresses Women Bankers.
students in the various classes Of the
American Institute of Banking, with
more than 500 holding standard certi-
ficates OF graduation. Mrs. Helena D..
Reed. local woman banker and chair
man of the national womens COM
mittee of the chapter. told the feminine
mem bers OF the Baltimore chapter at
a dinner in Baltimore last night where
she was guest of honor and principal
speaker.
When one considers that 40 per
cent Oh lic depOSllOrs inc OtIlcO
States are women and 10 per cent of
the savings bank depositors are
women, II Is not surprising that the
working women feel the bank Is in
cluded IN the womans world OF bust
ness" said Mrs. Reed. THE sphere In
this field has broadened to include
such positions for women as teliers
and bookkeepers, and the organiza-
tion and control of foreign exchange
departments as well as solicitors of
new business.
''One of the latest developments in
modern banking is the womans de-
partment. These departments are
placed in charge Of a woman who is
past her first youth, yet has not for
gotten it, and one who has experienced
joy and sorrow; one who has made
friends with both life and death and
necessarily one who has gained wis
dom and experience through familiar
ity with the ordinary and extraordi-
nary troubles of human existence.
One who understands human nature
and who is familiar with the banking
business. Such a one gives advice
concerning investments, homo budget
systems, thrift plans. making of wills
and the conduct Of checking and saw
ings accounts"
Woman is rapidly taking her place
in a field formerly dominated entirely
by man. Only recently the National
City Bank of New York elected Mrs
William Laimbeer an executive.
recognizing that there is vast