The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-07-15
BANKERS FETED
ON INSTITUTE
JAUNT
90 Members of D. c. Chapter
Entertained BY Locals on
Way to Convention
BY RICHARD HATToN.


About forty members of tho
Washington chapter Of the Anleri-
can Institute of Banking, headed ty
President r. Jesse Clancy, of the
Commercial National Bank, and ex.
President II. w. Burnside, of the
Farmers and Mechanics National
Bank, are due to arrive today III
Kansas City, where they will attend
the annual convention Of the or
ganization.
Telegraphic advices from members
Of the Washington group Of bankers
give vivid glimpses of the entertain.
ment afforded the party by the Gin.
cinnatt chapter of the Institute
upon arrival in the d-Western
city. The Washington party was
met at the station by q committee
Of the local chapter and escorted
to the Business Mems Club where
breakfast was served. Following
the meal the party was taken on =
drive over the Kentucky hills, re-.
turning TO the club for luncheon.
During the afternoon the party was
entertained at a concert by the
Cincinnati symphony Orchestra, fol-
lowed by visit TO the zoo. Dinner
was served at the, zoo and was fol-
lowed by a dance and an exhibition
Of ice skating.
Feted at st. Louis.
A similar round of entertainment
was provided the delegates by the
ST. Louis chapter of the Institute
Monday The convention in Kansas
city is scheduled to continue for
four days after which the Washing
ton party will return to this city.
The American Institute was or
ganized for the purpose Of providing
younger members of the profesSIo
with a means of studying the many
sides of the banking business ami
1t has proved of such advantage t".
bankers in general that 1t IL now
one of the largest business stucy
organizations in the world. Pracl-
caIly all younger members OF the
hank stats in Washington are
members of the institute and MANY
al the leading bank officials in t.Ass
city have graduated from its con-
Ftructive courses.
when the institute was first Or
Ranized it was known as an asSo-
citation of bank clerks but the
classes and other activities rapidly
developed to such high stanoarn
that bank officers are now prom.-
nent in the work. Correspondence
schools are conducted by the M,
4jonaI office and several thousah'
members annually gather IN a cor
vention which represents every part
of the country.
Result of Instruction.
One of the outstanding results OF
the work Of the institute method OF
providing instruction Is the stand
ardization of methods and the aoop-
ton of uniform practices In the
banking business OF the Natlon.
The Institute Is eonducteo entir ts,It
for the benefit Of it's members out
the banking public, generally. feels
the effect of its work in the clear
or establishment Of banking prac-
fIces. AS an indication OF the value
~ the Institute to the business lie
of this community it may be stated
that the local chapter is almost en-.
tirely financed by the banks OF
washington. which recognize fully
the value of the training which 1t
offers their employees.
It is noticeable that large ma
pority of the washington bankers
who have had the advantage OF the
Institute course and, graduated. re-
mann members VI the OIEdhAEokAOAA
and continue to take an active In
terest in it's work. Each local chap
ter Of the Institute elects its own
officers and provides its own class
rooms and instructors in addition
National headquarters. The classes
here are all held after banking
hours and the text books have been
prepared especially for the use OF
members of the Institute.
Major Subjects Covered.
The major subjects covered in
the four-year course in practical
banking provided by the Institute
cover such subjects as Elementary
Banking, Commercial Law. Nego-
table Securities, Advanced Banking,
Accounting. Credits. Investments,
Trust Functions and Public Speak
ing and Debating. Text books are
constantly revised to keep pace
with changing banking conditions.
Members of the District Of Colum.
bia chapter of the Institute who
were unable to attend the present
annual convention expect TO derive
great benefit from the discussions
and talks which will be held by
the local chapter upon the return
of those who are now at Kansas
TtfIy