Vashon Island news-record. [volume] (Vashon, Wash.) 1919-1954, 1929-04-11

recognized professions. This
native ability and experience IN busi-
ness. but education after all Is merely
a 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 bush
ness organization in America is en-
phasizing the importance Of education
as never before. Education has coma
to be looked upon as the answer to
many Of the problems within the or
ganization as well as to problems az
feetsng industry as whole.
Business Organizing Institutes
Institutes for developing specifically
qualified workers are being operated
or organized in many Helds Of COM
mercial and Industrial activity. These
Institutes are trying various types Of
educational work with distinct trend
toward more and more emphasis upon
education for the rank and nie OF bust
ness employees Of all grades.
We have been having business fail
ures In this country at the rate Of
about 1000 month. This score speaks
for itself. Il 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 VINO failed. This Ii conciu-
sfye 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 adyan-
tage Of some type OF technical train
ing.
American banking Is fortunate and
has Just cause for pride In that It has
q record Of twenty-eight years of def
nitely organized educational activity
among It's workers to its credit for de-
velopiug 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 II gives OF the
10000 graduates OF this Institute. 1886
now occupy Official positions In Amer
lean banks. The other 30% arc stin
too young to have attained such
heights. Here Is an example and an
encouragement to the people Of all
tines Of business
The American Institute OF Banking
has a membership Of $3.50. OF these
1851 are class enroiments. compris-
ing younger bank people, both mer
and women. who are learning The sct
entiac technique Of their chosen bust
cess al the same time they are en-
gagged IN the practical work OF earning
their livlnss at It. The difference be-
tween the ASST enrolled In classes
and the s4.s20 total membership com
prises older bankers who have taken
the Institute courses IL the past or
are at the present time sponsoring
some type OF educational work IN the
organization.
Banking Eaueasss Its People
Il has been estimated that there are
probably $4,000 bank Officers and en-
ployees IN the United States AZ the
present time These figures would
mean that about enc banker In every
six "a either enrolled IN Institute
classes IN banking or IS actively SUP
porting soma 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