Evening star., 1932-06-27
BUSINESS TRAINING
CALLED DEFICIENT
Dr.. Harold Stonier Sees Need
for Better Commercial
Education.
BY the Associated Press.

| BY the Associated Press.
| NEW YORK, June 27.-Better busi-
| ness training is a fundamental, long
! term need for economic improvement,
! in the opinion Of DR.. Harold Stonier,
educational director of the American
Institute of Banking. who will be an
/ American delegate to the London Inter
national Congress on Commercial Edu-
/ cation July 1929.
DR.. Stonier, who Is to address the
! congress on THE Training Of Response
! BILE Business Executives" directs the
| education of about 10000 adults now
being trained in banking theory and
practice by the institute. The institute,
a section of the American Bankers As
sociation. graduates about $500 four
! year students annually.
| DR.. Stonier believes the statistics of
business and bank failures show to some
| degree how inefficient some business ex-
/ ecutives are More competent leader
| ship should lower the mortality rate. he
| thinks and this competence must come
in part. from knowledge.
Maintains 200 Glass Rooms.
In training future banking leaders
/ the institute maintains 220 class rooms
in as many principal cities. Adults now
| employed by banks and seeking i'm
| provement are taught in these schools
| by 500 teachers.
| The ordinary course offers two hours
! Of teaching a week for four years. A
suitable record after that time is re-
warded with a certificate.
Texts used for the students are writ
| ten by recognized educators, who have
! factual material from the member banks
of the association as to the actual sue
cess or failure of various business
methods
DR.. Stonier said American banks are
| far ahead OF European banks as to
technical operation and mechanization,
and that considerable progress is being
made in teaching managerial problems
European banks, he said, have sought
| information from the institute on Amer
ican banking technical efficiency.
DR.. Stonier considers international
commercial knowledge is valuable tool
for the business man, and believes the
London congress will study ways to in
crease that knowledge
THE object of the congress-" the Of
| flcial announcements states, sis to bring
togther men and women who are taking
part or are interested in the develop
ment Of commercial education through
out the world for the purpose of dis
| cussing, in the light of knowledge
gained from actual experience. the
operation of fundamental principles.
DIR. Walsh to Lecture.
"The congress will be concerned with
the education and training of all types
and grades of those engaged in COM
merce. whether destined for positions
of high responsibility in which decisions
Of far-reaching importance have to be
made, or engaged mainly in the task OF
carrying out these decisions intelligently
and we'll"
Among the Americans expected to
lecture at the congress are Harry T.
Ceilings. director of graduate courses in
business administration Wharton School
OF Finance and Commerce, Philadel-
phia, Pa: Edmund A. Walsh, vice presi-
dent Of Georgetown University, Wash
ington. D. c., and William Lee Cooper,
American commercial attache to Lon
don and formerly director of the United
States Bureau Of Foreign and Domestic
Commerce.