The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1929-04-11

native ability and experience in bust.
ness. but education after all is merely
means for helping the individual to
apply the net good Of the accumulated
experience Of many to his own days
work--a means for helping special
native ability to come into its own
more rapidly and surely and for en-
abling all classes OF ability to gain the
maximum of success to which they
are entitled.
These facts are plainly recognized
by practical. work-a-day business in
every line. Every progressive bust
ness organization in America is EN-.
phasizing the importance OF education
as never before. Education has come
to be looked upon as the answer to
many of the problems within the or
ganization as well as to problems az
fecting industry as whole.
Business Organizing Institutes
Institutes for developing specifically
qualified workers are being operated
or organized in many fields of com.
mercial and industrial activity. These
institutes are trying various types Of
educational work with a distinct trend
toward more and more emphasis upon
education for the rank and file Of bust
ness employees OF all grades.
We have been having business fail
ures in this country at the rate Of
about 1000 a month. This score speaks
for itself 1t is glazing evidence of in
competence on the part of thousands
OF business men in handling the prob
lens inherent in their fields OF en-
deavor The detailed records show
that practically 1870 Of business fall
ure In this country Is due to lack OF
training and competence on. the part
OF those who failed. This is conclu-
siye evidence that no one can afford
to undertake executive business re-
sponsibilities without adequate educa-
ton and training. 1t is for that reason
that every enlightened business organ
ization is today insisting as never be-
! fore that its employees take advan-
tage OF some type OF technical train
ing
American banking Is fortunate and
has just cause for pride in that 1t has
a record OF twenty-eight years of def
nitely organized educational activity
among its workers to its credit for de.
veloping trained bankers. People in
banks In large numbers are taking
advantage Of the educational opportu-
nifty given by the great non-commercial
college of the banking business, the
American Institute Of Banking. They
see on every hand evidences OF the
value of the training 1t gives. or the
10000 graduates of this Institute, 1919
now occupy official positions in Amer
lean banks. The other 30% are still
too young to have attained such
heights. Here Is an example and an
encouragement to the people OF all
lines Of business.
The American Institute Of Banking
has membership OF 64,S20 or these
33,S51 are class enrolments, compris-
ing younger bank people, both men
and women, who are learning the sci
entiflc technique OF their chosen busi-
ness at the same time they are en-
gagged in the practical work of earning
their livings at it. The difference be-
tween the 33,851 enrolled In classes
and the 64,320 total membership COM
prises older bankers who have taken
the Institute courses In the past or
are at the present time sponsoring
some type OF educational work In the
organization.
Banking Educates Its People
II has been estimated that there are
probably $4,000 bank officers and en-
ployees in the United States at the
present time. These figures would
mean that about one banker in every
six is either enrolled in Institute
classes in banking or is actively sup
porting some educational function OF
the organization. No statement could
possibly give more emphasis to the
importance placed on education by the
banking interests OF America than
these facts.
This American Institute Of Banking