Evening star., 1926-06-17
PAINTS BRILLIANT
CAPITAL future
F. G. Addison Opens Bank
ers' Meeting at Hot
Springs. Va.
BY EDW ARD {. STONE.
staff Correspondent of The Star.

HOT SPRINGS. Va, June II
Francis G. Addison. jr.. president of
the District of Columbia Bankers AS
ISOLATION. called the eighth annual
convention to order here at $50 this
morning, the session being attended
by nearly $50 delegates and Gues I
the largest turnout vet recorded. The
outstanding features of the opening
program were the president s annual
address and speech by Merle
Thorpe. editor of the Nation s Bust
ness. on The Growing Demand Upon
Bankers for Business Information. r
Charles d. Boyer, chairman of .he
committee on credentials. reported 80
Washing tonlanS represented at the
convention. President AddiSons 8 ad-
dress aroused great enthusiasm and
was followed by prolonged app'ause.
Mr. Thorpe amazed his audience
with his business figures and facts.
He gave what the bankers considered
a remarkable review of the present
business situation.
Greetings Are Read.
Greetings were read to the associa-
ton from the secretary of the Ameri-
can Bankers Association. after which
the resolutions and nominating COM
mittees were appointed by the chair.
Edmund J. McQuade gave an ex
haustive report for the committee on
standardized banking forms.
Following adjournment the vice
presidents for the District of Colum
Sia of the trust company. national
and savings bank sections oe the
American Bankers Associa ion called
their members together for special
sessions.
Years Record Reviewed.
After brief preliminaries Mr.. Add
son launched into his address. stress
+ ing some of the associations accom-
plishments during the past year. These
included assistance in securing pas
sage of legislation granting fuller
legal rights to married women in the
District of Columbia success in fight
Ing fraudulent securities. marked
progress in broadening banking edu
9ation and the establishing of closer
cooperation between banks and their
customers. Mr.. Addison said. in part:
The committee on fraudulent Sc
rurities has been actively cooperating
with the Investment Bankers Associa-
ton with a view to having a blue sky
law passed by Congress and their re-
port will show progress. I am pleas
cd to report that our efforts have been
successful in securing legislation by
Congress granting to married women
In the National Capital more COM
plete rights in the transaction of per-
sonal and financial business. In Sc
curing favorable action on this legis-
lation various women's organizations
gave their Endorsement. as did the
Bar Association, the Women'S Bar
Association and the District Real
Estate Board. 1t was also recommend.
edfor passage by the District Com
missioners.
Praise for General Council.
1T has been necessary for the ad-
ministration to call upon our general
counsel, Frank j. Hogan. for legal
opinions on many occasions during
the year and 1t is with deep appreci-
alton that l acknowledge his as.
sistance to our association. most will
ingly rendered and without compen-
sation.
Mr.. Addison commented on the inn
mense amount of time spent by the
committee on standardized banking
forms, and also referred to the work
of the committees on banking inSur-
ance. Improbable accounts and Treas
ury relations. He spoke at length OF
the work of the advertising commit
tee. which he believes has been most
helpful to the Washington banks.
The cooperative advertising of Christ
mas clubs was especially effective. Re
ferring to the cooperative campaign
now being carried on by Washington
be nks to take the banking public into
their confidence through a series of
advertisements which appear in the
daily papers he expressed confidence
in the results. Unstinted praise was
accorded the convention committee.
President Addison was especially
enthusiastic over the removal of the
associations headquarters to the
Becker Building. where double the