Evening star., 1926-02-21
BANKERS Dinner /
IS BIG SUCCESS
Washington Chapter o1
American Institute Holds
Affair at Willard.

The social triumph Of the local
financial fraternity was attained last
night at the Willard Hotel. when ap-
proximately $50 members Of Wash
ington Chapter. American Institute
OF Banking. with their guests. par
ticipated In the most successful oai-
Quet In the orEa ni2ation's annals.
Speeches were declared out OF or
der from the start by Toastmaster
"Bill" Sraid. who. using the pre-
rogative OF his capacity, did most OF
the talking. Mr.. Spaid. however re-
Tented. during the course OF the eve
ming and permitted four institute ana
banking officials to engage in oratl"hs
Of not more than five minutes each.
AS a prelude to the dinner tender
tribute was made to the memory OF
w. a. Dexter, past president OF the
local chapter. who died February
last. The huge ballroom. filled to
capacity. was darkened, while a large
picture Of Mr.. Dexter was thrown
on the movie screen 10 the accom-
paniment Of There's a Long. Long
Trail" hummed by eight women mem
bers Of the chapter.
The entertainment feature Of tho
dinner was furnished by cast pure
ly institutional in origin. There was
paraphrasing a-plenty. mocks or
Rupert Hughes now famous speech
here before Sons Of the Revolution.
quips at leading financlers Of the city
and movies OF outstanding bankers at
work and at play.
Tells OF Institutes History.
Stephen I. Miller. educational di-
rector Of the American Institute OF
Banking. substituted for Paul b. Det-
wiler. national president, who was
scheduled as guest Of honor. but who
was unable to attend. and gave a
short discourse on the aims and ends
Of the organization. He traced It's
birth in 1900 at the Richmond con-
vention of the American Bankers
Association. where $4,000 was ap-
propriated to cover expenses for the
first year. to the present membership
Of more than 10000. and declared
to 1t was due more than any one
force tho high standard maintained
by American banking institutions.
r. Jesse CLANCY. president OF the
local chapter. traced its origin 25
years ago to the present, and viewed
briefly the accomplishments Of the
Washington organization. Enthusi-
asv Is at present running at a pitch
never before enjoyed. he declared.
citing as an instance, the fact that
just recently 46 of an original en-
rollment of ~ completed Anal ex-
aminations In particular class
With becoming modesty the speaker
disclaimed all credit for the chapters
high status during his administra-
ton. declaring this was made posi-
hle only through she moral and finan-
cial cooperation Of the District of
Columbia Bankers Association and
the Washington Clearing House AS
ISOLATION. both OF which contribute
appreciable funds each year, and
through the loyalty and efforts Of the
associations officers, board Of con-
svls. faculty and the various banking
institutions.
Predict Further Growth.
Francis G.. Addison. Jr.. president
Of the District Of Columbia Bankers
Association. in a short address, de-
cIared the institute a force which as
sured the competent handling Of the
future generations funds. AS the
city grows, he averred. the ability to
continue old practices decreases. and
the trained men in the profession Of
banking must be more and more re-
lied on to safely promote the vel
fare Of the city by approving Of prop
er loans to its industries, and yet at
all times to SO control the banks re-
sources that the trust of safely guard,
ing all deposits may never be en-
dangered.
Citing comparative statistics. Mr..
Addison revealed the local popula.
ton. according to the police census,
had increased from 324 900 in 1905 to
in excess of 455,000 in 1925, an in.
crease of Al per cent. During the
same period total deposits gained from
$4s. 100000 in 1905 to 1929 900 900, an
increase OF ~ times- Bank clearings
In 1905 were $225 .000, 900. while last
year they were 1888 900, 900 or an
increase of So times.
The speaker, assuming the same
ratio Of increase would ensue during
the next two decades, declafed every
effort must be continually made to
train sufficient men to carry on the
banking business in this city. This
effort can best be made through the
institute. he concluded.
Harry v. Haynes, chairman Of the
District of Columbia Clearing House
Association, which aids the local chap
ter to a certain financial benefit each
year, concluded the speechmaking.
Dancing occupied the guests until
an early hour this morning.