Evening star., 1926-12-11
MEN AND MONEY
By NJ. S., Rukeyser.
fCoDyright, 1926.)

By NJ. S. Rukeyser.
tCopyright. 1926D
Seymour Parker Gilbert. agent gem
eral for reparations. who in his second
annual report praised the Germans
for the punctuality of payments, has
rapidly made an international reputa-
ton for himself. lie succeeded the
resourceful Owen ID. Young at this
post, coming fresh from the United
States Treasury Department at wash
ington, where he had earned reputa-
ton as one of Secretary Mellon S
bright young men. He took his pres
ent Job before he was 81 years old
Foreign diplomatists at first were
somewhat amazed by his tender years.
When he first went over a Belgian
official referred to him as canary.
Mr.. Gilbert has a faculty for getting
to the heart of a problem. At first he
was unfamiliar with the ceremony at
tached to European diplomatic nego-
tiations, and his directness was a
handicap but he quickly acquired the
necessary Old World graces and for
malitieS.
What these diplomatic qualities are
are indicated by a story which Dr
Charles A. Beard tells about himself.
AS an authority on municipal govern
ment. DR.. Beard has been called to
various parts of the world. lie drew
up n plan for the reorganization OF
Toxic. which resulted in the shearlng
of much of the power from the mayor
In presenting the plan to the mayor
DIR. Beard made diplomatic ana
courteous speech lasting 10 minutes.
When he got through the interpreter
reduced the address to two words OF
Japanese. Later DIR. Beard asked him
how he condensed the speech so com.
pactly, and the interpreter explained
that he had rendered the whole mean
ing of the speech into the Japanese
equivalent for ceremonial hokum."
Woman's Bank Merged.
The First Woman's Bank In Tennes-
see-which was also the first in the
country--has passed itno history after
seven successful years operation. The
manlesS bank was recently merged
with the First Trust and Savings
Bank of Clarksville, Tenn, following
a. serious personal injury to Mrs. F. J..
Runyan. the president and guiding
spirit of the institution. When she
became incapacitated. the directors
searched in vain for another local
woman with the qualifications and IN
clinations necessary to fill the 1oD. NO
man aad ever been employed in the
bank in any capacity.
Mrs Runyan's retirement. following
an injury to her hip resulting from n
fall, reduces the number of female
bank presidents from seven to six
Those who still hold the post of bank
president include:. Miss Flora Buck.
VII
Emma Duerrwaechter, Germantown
State Bank, South Germantown, Wis;
Mrs. Cora A. Jipson. the Jipson Car
ter State Bank, Blissfield, Mich; Mrs.
l.. E. krouth, Sharon State Bank,
Sharon, Okla: Mrs. b. 3. Stephens,
the Bank of Aline, Aline, Okla: Mrs.
Jessie X Taylor, Haddam State Bank,
Haddam. Kans. More than 1900
women hold executive posts in banks.
The entry of women into executive
jobs in the. great money reservoirs
was a by-product of the war.
Mrs. r. B. Stephens, who is presi-
dent of the Bank of Aline, at Aline.
Okla, moved westward from Chicago
Is years ago because her husband was
in need of a more equable climate.
The couple bought small bank in n
small community, and have developed
it in proportion to the growth OF the
district
''As both our town and bank are
small" Mrs. stephens told me, ''my
duties are varied and interesting, for
they cover all departments.
War Largely Responsible.
"Of course, the war was largely
responsible for the sudden advent of
women in banking circles. for the
necessity of the time gave them their
opportunity to show how valuable
they could be in this work, and after
the war their employers were loath
to give them up.
81 believe most men who employ
any large number of people will admit
that trained, intelligent woman is
more dependable and efficient than
the usual run of male applicants for
the same position. Nearly all Of the
large banks have established special
departments for women, AMI found
them a very valuable aid to their
business. I believe the opportunities
for women in banking are only
limited by the intelligence and
executive ability of the woman, for
believe the banking world will give
them every chance for advancement
il they prove themselves worthy of
the trust, which I feel they will do
in most cases. Women are bringing
n more human element into the bank
ing business, and statistics show tat
in the better positions occupied by
women there is little or no dis
honesty.
1--WE have only a few hundred peo-
pie in our town, but the territory
from which we draw our business ex-
tends many miles in all directions.
We are fortunate in being situated
in a locality where many different
things are raised--wheat, corn, feed
crops of all kinds and tremendous
amount Of poultry and live stock Of
all kinds-and these diversified crops
tend to keep our bank deposits from
sudden and violent fluctuations. as
there is something being marketed
the year around. In one-crop terri
tories, Of course, the money all comes
in within a short time, and gees out
the rest Of the year until the next
crop is harvested
Ordinarily the public hears only of
the commonplace business romance of
an ex-office boy who eventually be-
came president of a corporation.
There is romance, too, in the more
typical successes of individuals OF
moderate means. TIE record CT Mr..
and Mrs. Stephens, who found health
and a moderate degree of prosperity
out in Oklahoma, constitutes hui
man chapter in the Nations business
history. Mr.. StephenS acts as cashier