Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-10-30
MILTON ALLIES DIES:
RIGGS BANK HEAD
ONCE A CHARBOY
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a member OF the Cosmos Club. the
Metropolitan Club the National Press
Club. the Chevy Chase Club. the Wash
ington Golf and Country Club the Co
umbia Country Club and a number of
other organizations. including Ben
Jamin r. French Lodge of Masons.
He was also a director of the Sea =
board All Line. Washington Railway
and Electric Co, Old Dutch Market
Norfolk and Washington Steamboat
Co. and the Bank OF Bethesda.
He is survived by his widow, a son.
Milton Allies. jr.. now attending Har.
ward University: two daughters. Mary
Allies and Mrs. Pere A. Wilmer: mother
and three brothers
The bank president was held in the
highest repute by his business asso-
ciates. and they loved him.
Mild hammered. gentle even in his
business dealings. Of equitable tenn.
per. he could say No" when he had
TO in a way to make the recipient
believe IT was better so. and went
far out of his way to do a Kindness TO
a fellow man
His business associates were de-
voted to him. his directors followed
his leadership with loyalty and his
predecessor in office, under whom he
was trained for the presidency OF the
great fiscal institution he headed.
Charles c. Glover, ever considered
Milton" as a son.
Mr.. Allies would rather read James
Whitcomb Riley. Ben King or some
sweet singer than powerful litera-
ture. He could recite poem after
poem with the greatest ease. although
his reading was broad and his gen.
eral knowledge of business. politics
and religious matters unusually large.
Death Great Shock.
For some years Mr. Allies has been
under the constant care of physicia n
for heart trouble but his passing at
this time was none the less a great
shock TO his intimates because the re.
ports have been most encouraging be.
fore and during his vacation
1t has been Mr.. Allies custom to
spend october in the country. gather
ing with those dear TO him and usually
some friends or two before the great
fireplace in his country home. where
with apples and cider, good reading
and good cheer sthe long evenings
passed happily. He was due back at
the bank on Monday and his associates
were looking forward with eagerness
to his return in improved health.
There was not a dry eve throughout
the great bank when the sad news of
his untfmely passing was made known
Women, of whom there are many in
the Riggs National. and men alike
looked on M. E." az member Of the
ia mily, a close personal friend
Mr.. Allies friendship with Frank A
Vanderlip dates back TO 1898. when
the latter came 10 Wa shington as the
private secretary OF Lyman J. Gage
then Secretary Of the Treasury. Mr..
Allies was connected with the office OF
the Secretary Of the Treasury and he
and Nanderlip became fast friends
which resulted in the promotion OF
Mr.. Allies to the assistant secretary
ship following Mr.. Vanderlip's, ad.
vancement to like position.
When the Riggs National Bank in.
vited Mr.. Allies to a vice presidency
he accepted. but as he himself said
Il wasn't at all sure I would be paid
with the same regularity that I was
by the Government, and to make sure
I borrowed $500 to tide me over till
pay day."
His success as an official of the
bank is 8. matter Of history. Under
his ma Management. In consultation al
ways with Mr.. Glover and with the
ol Ills oiI cClOIS,
he planned and brought into effect
the four branch banks that have
brought much new business to the
institution and at the same time have
been a great accommodation to regu-
lar customers living in the vicinity
Of the branches.
The entire remodeling Of the bank
building and the addition OF several
upper floors was carried out under
Mr.. Allies direction, and he also ad-
vocated the capital readjustment of
the institution which placed 1T in a
much better position to serve the
needs Of its clientele.
Played Part in Famous Row.
Mr.. Allies played an important
part in the row between the Riggs
National Bank and J. Shelton Will
liams, the former controller of the cur
rency, which also involved Secretary
McAdoo and Woodrow Wilson. then
President of the United States.
For a number of years examiners
from the controllers Offices had been
finding fault with certain business of
the Riggs National Bank.
The upshot was a fine imposed upon
the hank by j. Shelton Williams of
IS 900 in 1915, followed by a suit by
the Riggs National Bank for the mon
ey which Mr.. Williams withheld from
cash due the bank by the Treasury
Department, coupled with application
for an injunction, asked against the
President of the United States. the