Evening star., 1933-06-04
District FinanCiers Will Meet
Thursday at Columbia
Country Club.
FEDERAL RESERVE HEAD
ON LIST OF SPEAKERS
Program Includes Reports on Prog
ress During Year and Many
Entertainment Features.
BY EDWARD c. STONE.

D1 LII w EhA~D N' - oAN1'
C. H. Pope, president of the Dis
trict Bankers Association, announced
yesterday that the annual meeting and
election of officers will take place next
Thursday at the Columbia Country
Club, Chevy Chase, Md.
The program of the annual meeting
Is crowded with events of unusual in
terest and importance to all Wash
ington bankers, one of the high lights
being an address at the annual din
ner in the evening by Gov. Eugene r.
Black, new head of the Federal Reserve
system.
Gov. Black has just come to Wash
ington from Atlanta where he was gov
ernor of the Sixth District Federal Re-
serve Bank and where he made a bril-
liant record in that Office. He is an
able speaker and will be heard with
intense interest by local flnanciers.
The part the Federal Reserve Board Is
playing in the general recovery now be-
ing reported all over the country, is
gripping universal attention, buying of
Government bonds in the open market
to expand the credit situation being one
of the big moves of the present admin
istration Gov. Blacks talk will be in
formal, no definite subject yet having
been announced.
Annual Report Features Program.
The days program as announced by
Karl w Corby, the chairman, calls for
opening of the business session at $50
Thursday morning. President Pope will
preside and complete yearly reports will
be presented
Among the chairmen due to report
are: Advertising Committee, Eliot H.
Thomson, Washington Loan g. Trust
Co.; Audit Committee, Robert H. Lacey,
Columbia National; Budget, George O.
Vass, Riggs National; Credit Bureau, F.
r. H. Siddons, American Security &
Trust Co.; Publicity Committee, G. D.
Ratcliffe, Munsey Trust Co.; Law and
Legislation, Francis C. Addison, jr, Sc
aurity Savings & Commercial; Public
Relations, w. w. Spaid, w. B. Hibbs g.
Co; Protective Committee, c. F. Jacob
sen, National Metropolitan; Standard
lied Banking Forms, Nelson B. ONeal,
Riggs National; Taxation, H. H. Mckee,
National Capital Bank; Treasury Re-
lations, Hilleary G. Hoskinson, Riggs
National.
Annual reports from the associations
three special sections will also be pre-
sented by the chairmen-Auditors Sec
ton, by William NJ Harris, Lincoln Ma
tional Bank; Fiduciaries Section, Leon
ard Marbury. Washington Loan & Trust
Co.; Safe Deposit Section, Hans w.
ireland, American Security & Trust Co.
Success attained by Washington
Chapter, American Institute of Banking
during the past year will be summed up
by the retiring president, Richard A.
Norris. The institute is sponsored by
the District Bankers Association and
the senior bankers are always interested
IN the work.
Vass Slated for President.
The annual election of officers will be
reached late in the forenoon after the
annual reports have been heard and
other business transacted.
In addition to Mr.. Pope the associa
tons present officers include George o.
VaSS, vice president and cashier of the
Riggs National Bank, first vice preSi-
dent; Frederick p H. Siddons, secretary
of the American Security g. Trust Co.,
second vice president, and Charles H.
Doing, vice president Washington Loan
q Trust Co., secretary, and Albert H.
Galley, vice president of the Lincoln
National Bank, treasurer
President Pope retires after guiding
the affairs of the association for the
greater part Of two years. He finished
the term of Office of the late Edward j..
McQuade and has served a full year
Elnce his own election.
According to precedent 1t has been
customary for the first vice president
to be moved up to the presidency. This
means that Mr.. Vass will have the bur-
dens of the presidents Office placed on
his shoulders.
Victor B. Deyber, president of the
Second National Bank, is chairman of
the Nominating Committee, but has not
yet announced nomination plans. The
new officers will be installed immedi-
htely following their election.
Luncheon and Dinner Planned.
Following the annual business meet
ing, luncheon will be served at the Co
lumbia Country Club at 1890. The
afternoon has been set aside for such
activities as the delegates may elect.
Golf is pretty apt to be the leading
feature
The annual dinner for local branch
officers and directors will be held in the
evening, this being set for 7:45. In ad-
dition to the address by Gov. Black, a
fine entertainment has been provided
The Council Of Administration de-
cided to omit the usual four-day June
convention this year, the full days pro-
gram at the Columbia Country Club to
take its place. The bankers have held
many former meetings at the club, the
surroundings always proving ideal. A
barge attendance is predicted.
Junior Bankers to Play Golf.
Following the custom established in
past years, Washington Chapter will
hold its annual golf tournament with
qualifying rounds being played from
June to 9, inclusive. on the Wash
angton Golf and Country Club course
AL chapter members are eligible to
compete in this contest and the winner
will be awarded the w. w. Spaid tro-
phy-retaining possession of same for
one year.
It is expected that keen competition
%ill develop in the contest this year
as w. B. Robinson of the Washington
Mechanics Savings Bank has won the
trophy two years in succession, ano
should he win again this year it becomes
bis permanent possession.
Prospective contestants should have
eheir entries in by Monday night. Ir
addition to the w w. Spaid trophy
there will be other valuable prizes
awarded low scorers.